0:10 [Music]
0:13 man this OBS
0:18 crap total
0:21 [Music]
0:25 uh frustration from this thing OBS is
0:28 what I use to by the way
0:30 morning
0:32 the software that I use to try to stream
0:35 this crap to uh
0:37 YouTube is
0:40 uh not working with me today so I'm
0:42 trying to figure out if I can
0:45 get the audio captured
0:48 here a second
1:05 and
1:39 check a
1:44 check okay now I can hear so anyway good
1:49 morning sorry for my delay
1:52 here that's technology for
1:57 you the uh
2:00 the NASDAQ
2:02 here has had its high impact news driver
2:04 release at 830 and they've pumped it up
2:07 into the new week opening Gap at uh on
2:12 July 28
2:15 2024
2:17 and we have a 15sec
2:21 chart on the right and then we have the
2:24 1 minute chart in the lower
2:27 left and upper left we have the 15in
2:36 time
2:39 so I'm a
2:42 little jerked out of gear because
2:45 of not opening up like I wanted it to so
2:49 give me a few minutes to get my bearings
2:53 here don't May me turn my grandpa us my
2:56 bearings
2:59 [Music]
3:10 [Music]
3:12 peel through this with
3:14 the one minute
3:18 chart uh this line here is
3:21 the close in the opening basically being
3:25 the same
3:27 price at five PM yesterday evening New
3:31 York time and 6 PM's opening
3:39 price so if you recall yesterday I was
3:42 mentioning how if it was going to
3:44 continue it's was going to trade up
3:47 into new opening Gap here on July
3:52 28th and if it continued higher than
3:54 that we had some daily short-term High
3:58 and a volume in Bound those further back
4:01 in the
4:12 year this was pretty aggressive here
4:15 opening
4:18 on our High new driver at 830 and
4:21 sending it up and finally
4:24 bumping that old new week opening got on
4:26 the
4:28 28th for
5:14 all right so we
5:18 had several highs in here swept into a
5:22 old new opening G I'm going be watching
5:26 doesn't want to use this information
5:28 here
5:30 with that Gap and
5:32 maybe use a wick into this one between
5:36 this candle's low and this candle's
5:42 high now I was going to talk to you a
5:44 few days I think it was last week I was
5:45 going to talk to you about
5:49 Wicks but I never got to it because the
5:51 stream got
5:52 interrupted with the remants of
5:55 hurricane de or Debbie
6:00 so whenever there's a
6:02 wick I like to see it try to trade back
6:05 down to the midpoint if it doesn't get
6:07 to the midpoint it's like a fair value
6:10 Gap that can't trade to its consequent
6:12 encroachment so it's usually indicative
6:16 that it wants to go the other direction
6:18 because it didn't trade there and we
6:19 have done
6:21 somewhat of a
6:23 nice smooth area in here this high and
6:27 then they ran up into the new week
6:28 opening Gap I'm watching during the
6:30 opening range which is the 30 minutes
6:33 after 9:30 to
6:35 10:00 do they want to send it up in here
6:38 or into that because if there's two fair
6:41 value
6:42 gaps this is the one you're watching but
6:44 you have to make an allowance for it to
6:45 trade up into there and if it does want
6:48 to sell
6:50 off I want to see it try to trade down
6:52 to here I'm not trying to call the top
6:55 not trying to pick the top not trying to
6:57 force an opinion I'm observing and
6:59 seeing if it wants to provide that
7:01 information to
7:05 [Music]
7:15 me and the main focus today is turtle
7:18 soup by way I just want to get a read on
7:21 what it's doing here going into the 10:
7:23 out
7:37 that
7:40 [Music]
7:51 [Music]
8:05 [Music]
8:18 [Music]
8:26 I hate to have to do all that kind of
8:28 stuff get some n to
8:30 but all these people out there're trying
8:32 to be me to
8:36 get engagements for add revenue or
8:40 whatever it is they
8:44 do let's
8:49 this to the fella that says
8:52 uh make the
8:55 U the borders op I want to see the
8:58 borders
9:00 I want to see what the actual
9:02 Candlestick Wicks are traded to so if I
9:04 don't use the borders they won't really
9:06 technically be
9:11 accurate so you're getting a chance to
9:13 see what it's like when I'm jerked out
9:14 of gear because I was fighting with this
9:17 OBS thing for like 20 minutes it wasn't
9:21 it wasn't sinking with the microphone it
9:23 wasn't giving me any audio connection at
9:25 all I had to keep restarting the
9:27 system and I don't know they had an
9:29 update and I I chose to use the update
9:31 and I always tell myself not to do
9:34 that and it wasn't working so took
9:37 several times to do it now I little
9:39 pissed off to be honest with you because
9:42 I come here later than I wanted to
9:45 be all right so we swept down below the
9:48 close and the opening price at 6 PM
9:50 since there's really no technical Gap or
9:53 or difference between the two prices I
9:56 always just use a simple little line
9:58 like that okay and I the same way it can
10:01 sweep through it come back and revisit
10:03 it just it's one single level it's not a
10:06 it's not a range or an inefficiency it's
10:08 just one single price level
10:17 [Music]
10:30 so you can see we had uh this candle
10:32 here trade to
10:37 13150 High here
10:44 131.5 131
10:47 even so ju just fell short of
10:53 uh touching that that Gap there
11:02 I was talking about the I think it was
11:04 yesterday or the previous session I was
11:06 referring
11:07 to oh yesterday yesterday when I was
11:09 talking about the the lowest barrier to
11:12 entry you know the easiest entry points
11:15 are going to be the ones that you don't
11:16 try to finesse too much and if you're
11:20 trying to use one tick
11:22 above to get any kind of short in that
11:25 fair value out there you would have been
11:27 filled and that's
11:29 that's the punishment for trying to be
11:31 too perfect trying to demand
11:35 Perfection which is a good problem
11:37 because most people can't even figure
11:38 out what to do in terms of Direction
11:40 they can't figure out how to get into a
11:41 tree so if you have a problem with not
11:44 getting filled on some of your trades or
11:48 initially if you're trying to demand too
11:49 much Perfection that's actually really
11:52 good it's it's a nice problem to
11:55 have so much better to tolerate a uh
12:00 [Music]
12:04 a repeated phenomenon of you trying to
12:06 do something that obviously is on side
12:09 that means you're you're correct and
12:11 where you think the Mark's going to
12:13 go versus not knowing what you're doing
12:15 and always getting it wrong so it's a
12:18 little bit more
12:19 palatable it's easier to sleep at night
12:21 knowing that you're on the right side
12:23 generally but I got people you know
12:25 sending me emails and reaching out to me
12:27 through Telegram and reaching out to me
12:30 through trading you and reaching out to
12:32 me through personal text messages which
12:35 is that annoys me yeah I told everybody
12:38 I was going to change my phone number
12:39 last year when I got to uh this year and
12:42 I haven't done it yet because I just
12:45 haven't made my way to do it but it's
12:47 just too many people they take it upon
12:49 themselves they feel like they can text
12:50 me like we're like we're best friends
12:52 and I I generally don't like that unless
12:54 I reached out to you or gave you
12:55 permission so we traded down to the
12:57 consequent encouragement of the wick as
12:59 we were looking
13:00 for the only difference and the only the
13:02 notable thing is is we didn't trade up
13:04 into the Gap we got real close to it
13:07 within a
13:08 tick uh distance within the delivery of
13:11 price okay so I want you to screenshot
13:16 that and make special notation in your
13:19 Journal how this is what we were
13:21 watching you want to see if it could
13:23 trade up into it it did not trade into
13:25 it but the idea of trading down to the
13:28 consequent cursion of that
13:30 Wick it was the draw that we saw price
13:33 reach for and now I want to
13:38 see do we keep
13:41 [Music]
13:46 it do we have the uh ability to stay
13:50 right there with the
13:52 bodies or do we explore to the lower
13:55 quadrant on that Wick now the Wicks are
13:58 going to be part of the conversation
13:59 today when it comes to Turtle suit as
14:02 you'll
14:09 see all right so here's the opening
14:12 price on that
14:14 Wick all the way down so we're looking
14:17 at the actual news
14:18 candle so at 8:30 uh there's going to be
14:21 a lot of inefficiencies in that
14:24 individual
14:25 candle meaning that where we
14:29 opened it ran down aggressively real
14:33 fast and we'll look at that on a a sub
14:36 one minute chart in a few minutes but
14:38 for
14:39 now this inefficiency where price is
14:42 here and in a few moments I watched it
14:45 deliver this morning it was wild it was
14:49 uh it Wicked real fast went down there
14:53 and did not spend much time at all and
14:54 right back up into where we are here in
14:56 the body and did its business going into
14:58 the Clos that individual candle for one
15:01 minute meaning that there is
15:03 inefficiencies all through this range
15:06 from the candles open to the low and
15:08 again that'll make much more sense to
15:10 you when I show you the less than one
15:12 minute charts so in other words the 30
15:14 second chart the 15 second 5 and 1
15:16 second
15:18 chart but the first rule of uh
15:21 engagement whenever there's a wick
15:23 whenever there's a wick and if it's a
15:27 swing high or a swing low has my
15:29 interest obviously this is where the the
15:31 damage was done this
15:32 morning anyone that was
15:35 long going into the uh 830 news driver
15:39 the high impact
15:40 news and maybe we're holding on to the
15:42 targets we were outlining yesterday the
15:44 new week opening gap on the July 28 we
15:47 mentioned that yesterday as a
15:48 continuation on the upside should it
15:50 reach for further higher prices this is
15:52 one of those levels it could reach
15:54 for but before it goes there it trades
15:57 aggressively drops down over 100 handles
15:59 or so and then eventually pegs that
16:04 level this drop
16:07 down is
16:09 inefficient but every single time
16:11 there's a
16:13 wick and it's part of a a swing high or
16:15 swing low that has any importance to me
16:19 technically um I'm interested in having
16:22 the the consequent encouragment level
16:25 annotated as you can see here now I
16:28 don't know where you're from I don't
16:30 know what school of thought you're
16:32 you're predominantly a part of I don't
16:34 know if you're here because you just
16:36 added M curiosity and you trade another
16:38 methodology or if you trade the stuff I
16:42 teach
16:44 but that to
16:46 me and turning like
16:50 that is significant and it tends to
16:53 happen all the time this is a one minute
16:55 chart so the question is
16:59 when you see
17:01 that does
17:03 it invite you to investigate more
17:06 details around it because that's what it
17:09 started to do with me in the 90s I was
17:10 looking at these things happening and
17:13 I'm like okay it's probably going to go
17:16 down below that
17:18 low well sometimes it doesn't do that so
17:22 I was going back through charts and
17:24 looking at different time frames using
17:26 metastock what's my my software program
17:28 back then and I was using end of day
17:31 data so I didn't have real time data but
17:33 I could I could go down into enter day
17:36 charts it was part of an end-to dat
17:38 package of data so I would look at
17:41 hourly charts and 15minute charts and it
17:45 would give me like an x-ray view of what
17:47 took place in the previous day so I
17:49 compared and contrast to what I was
17:51 watching when I was driving around the
17:52 truck delivering candy soda machine uh
17:55 items um coffee machines cold food
17:58 machines that was what I was doing at
17:59 the time when I was learning how to
18:01 trade in the 90s so I fixed and repaired
18:04 and serviced vending machines and I had
18:06 this little device called quot Trek and
18:08 if you've been around for a long time
18:09 like me uh you know exactly what I'm
18:11 talking about but it was kind of like a
18:12 little radio it's about the size of a
18:14 transist radio not as thick but it had a
18:17 little extendable antenna and it would
18:21 give you data on any markets that you're
18:23 subscribed to you know cbot Central Bo
18:26 I'm sorry Chicago Board trade uh Chicago
18:29 merant Exchange um any of the uh grain
18:33 markets that would be on cbot i' I'd be
18:35 watching them I'd watch The Grain and
18:38 the the meat markets and I would watch
18:40 the currency fatures and eventually
18:44 moved away from that started watching
18:46 predominantly this the bonds and then
18:48 the
18:50 S&P
18:51 so it would give me the details that I
18:54 would see these flashes in in price
18:56 action that would just be numeric they
18:59 wouldn't I would it doesn't give you a
19:00 chart or rather it did not give you a
19:02 chart the technology really I guess
19:04 wasn't there yet so they just gave you
19:06 the raw data which was the highest high
19:07 and the lowest low and where you're at
19:09 in the volume and I've said this before
19:11 so it's kind of like redundant for folks
19:12 been around long long enough that was
19:15 what I was doing when I was away where
19:17 we have a smartphone today so if I'm out
19:19 in the about or if you're out in the
19:20 about and you're not in your trade room
19:21 or office you can see what the charts
19:25 are showing and where the price has been
19:27 and where it's probably going to reach
19:28 for because you can see it visually so I
19:30 was kind of handicapped initially so
19:32 when I saw big runs take
19:35 off I would write down usually on a
19:40 paper towel that I would use to wipe
19:41 down the inside of my windshield or
19:42 whatever it was you should have saw this
19:44 it was it was
19:46 wild I was not organized in the
19:48 beginning because my my job and keeping
19:50 my job was the most important thing but
19:52 I was still trying to manage all this
19:53 stuff and watch it real time the closest
19:56 thing I can be tapped into this and when
19:58 I would see price runs start taking off
20:01 and i' think okay it's it's occurring
20:03 right now at
20:07 1049 okay or 936 and I'd write the time
20:11 when I noticed that by the numeric runin
20:14 price so words when it started taking
20:16 off I didn't have any visual
20:17 representation of that except for I know
20:19 I saw a price print numerically I mean
20:23 in other words it would say this price
20:26 here
20:27 19048 in the quarter and it would
20:29 fluctuate as it's moving here so if I
20:34 see these runs I make a notation or made
20:36 a notation and when I got home in the
20:38 evening time after working out getting a
20:41 shower eating then the rest of the night
20:43 I'd be out in the charts constantly
20:45 pouring into it and trying to look for
20:47 these types of things what made that run
20:49 like that and I would see certain things
20:51 and sometimes not all the time sometimes
20:53 there would be these long Wicks now this
20:56 is exaggerated because it's a high
20:57 impact news driver
20:59 it goes goes without saying that PPI CPI
21:03 fomc non-front parel those types of
21:06 reports or those types of data points
21:08 that are released in the
21:09 marketplace can create that formation of
21:13 this type of
21:14 move when it creates this and it starts
21:18 to Rally
21:19 up I've never seen anybody and I have
21:22 over 2,000 books I've never seen anybody
21:24 make reference to anything about going
21:26 back into the middle of the of this
21:28 quick or break it up in the quadrants
21:31 and use it for the purposes of for
21:33 reversal patterns or short-term trading
21:37 or anticipating it returning back to it
21:40 for the sake of a Target okay so um it
21:44 was exciting for me to see it and as you
21:45 watch this one pan out here you from
21:48 here to here that was the
21:51 observation so Caleb when you when you
21:54 see this I want you to annotate how it
21:57 did not trade up into to the opportunity
21:59 for you to get
22:00 filled but it still ran and then I want
22:03 to see what your your description of
22:06 that run is in your own terms I don't
22:08 want to say anything more but I want to
22:10 I want to kind of correct it if it's not
22:12 what I think is appropriate and if it's
22:14 right or if it's in the
22:16 right perspective then obviously I'll
22:19 I'll commend you for it but the market
22:21 trades back up what's it trade back up
22:23 remember I told you what this line
22:25 was if you missed it you came to the
22:27 stream later you just just signed into
22:29 it uh yesterday at 5: p.m. when we
22:32 closed the settlement price and then
22:34 when we opened up at 600 p.m. there's no
22:36 difference in between these two prices
22:38 so there's no Gap so all I do is
22:42 annotate that price because it'll still
22:44 refer to it as you can see we trade back
22:47 up in where is it trading into also what
22:50 other Confluence is
22:51 there look close there's two other
22:54 things there
23:02 [Music]
23:07 you have that Gap and then you have what
23:10 I'm discussing
23:12 here whenever you have Wix you want to
23:15 measure that okay here's the halfway
23:18 point or consequent encroachment this
23:21 Wick is allowed to go through it why
23:22 because you have a fair value Gap but
23:24 then look at this one
23:26 here what's the high that you're going
23:28 to look great over here look up in upper
23:29 left hand corner what's the high of that
23:31 candle right
23:33 there
23:37 19965 that's exactly the consequent
23:39 encouragment level of that Wick you're
23:42 going to tell me that that's buying and
23:44 selling
23:46 pressure yeah
23:49 so when you're looking
23:52 for entry patterns when you're looking
23:54 for targets for for limiting out on
23:57 partials or terminus here's your 3/4
24:00 level treated to now because of this I
24:04 want to see it respect this up closed
24:07 candle in other words don't don't trade
24:09 above it it can come back and touch it
24:11 again it's better if it doesn't leaves a
24:13 little portion here but I want to see it
24:15 explore now below this 830 news driver
24:18 that's what I like to see but here this
24:22 Wick trades up to cutting through
24:25 candles because it's not supply and
24:26 demand we go right back to this Wick
24:29 right here that candle's High to the
24:31 tick to the
24:34 tick gives us the actual high that you
24:37 can anticipate as it's returning back
24:38 into here why should that be reasonable
24:41 two things number one you have this Wick
24:45 [Music]
24:47 here bear with me I have to put the
24:49 lipstick on this chart just to show you
24:51 what I want to see
24:57 Illustrated when when I was
25:02 uh when I
25:04 was working on this
25:11 information figuring it all out
25:13 codifying everything and discovering a
25:15 lot of things that really wasn't in my
25:21 books
25:24 no didn't I just draw a line here it's
25:27 disappearing
25:29 [Music]
25:37 oh I know what I did I have the
25:40 uh
25:42 [Music]
25:50 color all right so that's G to go on
25:53 that candle there and it needs to go to
25:57 the 50
25:59 level
26:02 9650
26:05 99650 right so now I can take that off
26:07 and you can see that that's anchored to
26:09 here so this is what you want to be
26:10 doing Caleb you don't want to be leaving
26:12 your Fibonacci on top of the Wicks
26:14 because it'll clutter up your chart and
26:16 it'll make me angry and it's also you
26:18 just don't want to have all that
26:19 information on it it's it's not
26:20 important to have all that me put this
26:23 down here I some people are like still
26:26 trying to put my stuff on their social
26:28 media do and pretend that that they're
26:30 me so we have this Wick
26:33 here we have this
26:35 Gap it trades up to there and also
26:38 what's to the left of this
26:40 candle the one that trades in the fair
26:42 value Gap right so isn't there a wick on
26:46 this
26:47 candle sure it
26:56 is so we have this wick on this candle
27:01 inside of this fair value got and this
27:04 Wick here so when price was trading off
27:06 of this target we were looking for and
27:08 it rebounded off that came back up into
27:10 the fair value Gap it's reasonable for
27:12 it to go up to the fair value Gap High
27:14 which is this candle's
27:16 low
27:19 this sorry this price right there on
27:22 that
27:23 Wick that's a it's a premium array
27:27 because you're trading back up to it you
27:29 extend that through it's part of the
27:31 fair value G and then the next candle
27:34 trades up and touches it we do not want
27:36 to see this is important we do not want
27:39 to see if it's going to be
27:42 bearish we don't want to see that
27:45 consequent cor of that Wick once it's
27:47 traded to here once it trades back up to
27:49 it there we have this fair value Gap
27:52 that should send price lower or kind of
27:54 keep it at Bay not trading it higher so
27:57 if this candle's trading back up to
27:59 it we are
28:01 trusting the logic around this
28:04 phenomenon saying that it's already done
28:07 the work of trade into the high of the
28:08 fair value got so half of the fair value
28:13 got let's look at
28:15 [Music]
28:19 that and see it in
28:22 here it doesn't trade there notice that
28:25 on this candle it does not trade there
28:28 is that a good thing or is a Bad Thing
28:30 think about what I've taught you in this
28:33 mentorship I taught you that PD arrays
28:35 very specific levels that we're looking
28:36 for if they fail to be printed to if
28:40 they can't even return back to them and
28:42 you have a directional
28:44 bias in in concert with that level
28:47 you're studying if it can't go there
28:50 that means it's decidedly weak and when
28:52 you're bearish that's a signature you
28:54 want to see
28:56 but because we have this area over here
28:59 and because I'm not trading support and
29:00 resistance the support and resistance
29:01 fellas would have been like okay here's
29:03 where we stopped so let's draw that line
29:05 out in time well we went way past that
29:08 to some random up up up closed candle
29:12 and created a wick something random we
29:13 don't know why it went there right
29:15 support and resistance folks don't have
29:17 any idea why it did that but you're
29:19 learning it it's this Wick
29:22 here it trades up to it completes and
29:25 fulfills the role of buy side delivery
29:27 which was in efficient on this
29:29 candle so the market has offered single
29:32 pass to the downside so this is sells
29:33 side delivery that means price is going
29:37 lower then it comes back up to Red
29:41 deliver the inefficiency in this time of
29:44 that one
29:46 candle what was it inefficient on
29:49 delivery to the upside so buy side
29:51 delivery it offers it stops to the tick
29:55 and then drops down the next candle if
29:58 you're looking for support sorry if
29:59 you're looking for swing highs and swing
30:01 lows you want to see it trade up
30:03 into levels like this it should hit that
30:07 and stop and also failed to trade to
30:10 half of that fair value G that's a
30:13 failure to get to consequent
30:14 encouragement we've already fulfilled
30:16 three factors here we traded up to
30:19 finish in filling out this candle's low
30:22 to the difference of this candle's High
30:24 which is that fair Bay Gap right there
30:25 that's a Cy sell side and balance buy
30:27 side efficiency we trade back to the 6
30:31 p.m opening
30:34 price why is that important because
30:36 there's no gap between FR uh the 500m
30:39 close settlement price and where we
30:41 started trading for NQ so because
30:43 there's no Gap we just simply use the 6
30:45 PM opening
30:46 price I told you when we were up here
30:49 you going to have it on your chart
30:50 because it's going to be treated the
30:51 same way it'll trade through it and come
30:52 back and treat it as a key level it
30:55 trades through it on a wick which is
30:58 reasonable because we're inside this
30:59 fair value
31:01 gy but this level here when we trade it
31:03 back up to it notice that the bodies in
31:05 the candles do not trade and close above
31:10 that Wick consequent encroachment see
31:14 that it's telling you that this candle
31:16 backed off so that means when I see
31:18 something like that I'm looking for the
31:20 immediate next candle to do a lower high
31:24 than this high and I can frame
31:27 everything on that fair value got and
31:30 where that consequent encroachment is on
31:32 that Wick if it's there you may not have
31:33 a wick over here then you would just
31:34 simply go into the details of Simply
31:36 using the 6PM opening price which is
31:39 this dashed line and the consequent
31:41 coach of that fair value guy so in other
31:43 words if this wasn't here I would expect
31:46 this to trade up to midpoint of the fair
31:48 value Gap but if it doesn't and it
31:50 trades down lower I'll simply just go in
31:53 short on the open and touching back this
31:55 body right here as it does
31:59 there so and that could be easily done
32:01 on a 15-second chart a 30 second chart a
32:04 5-second chart you'd see a little bit
32:06 more detail in in that difference
32:08 between where we Clos on this one minute
32:09 candle to where we open there and I know
32:12 some of you because you're you're
32:13 leaving comments saying that you don't
32:16 have the ability to afford the real-
32:18 time
32:20 data I got to be honest with you at some
32:23 degree you're going to have to do that
32:24 if you're going to trade you have to
32:25 have the information and I don't know
32:27 how to say it any nicer than if you
32:30 can't afford data and watching realtime
32:32 price action a lot of the things I'm
32:34 teaching are going to just simply be
32:36 outside your grasp and you're going to
32:37 have to use a high time frame premise
32:39 and there's nothing wrong with that it
32:40 just means that you're going to have to
32:42 defer these very small intraday price
32:44 action moves but all the things I'm
32:46 teaching here this could simply just be
32:49 a a daily chart in other words every
32:51 instead of one minute candlesticks and
32:53 this representing the highest high the
32:55 lowest low and where it started and
32:57 ended trading for that that one minute
32:58 interval these could represent a
33:01 daily high low open and close for the
33:04 day it's the same stuff it's it's don't
33:06 don't think it only works on one minute
33:08 charts or in charts it's that's not it
33:11 these levels will be referred to on any
33:13 and every time frame if I was watching
33:16 price over NQ and we had the time frame
33:18 set to 4our
33:21 chart price right now at 4175 is the
33:24 same price you see it on a 4our chart
33:27 price is price
33:28 but if you're looking for details for
33:30 precision you want to look for um very
33:34 sensitive timing so it gets you into a
33:35 trade and and or reduce the measure of
33:39 risk you're always going to have risk
33:41 but you can reduce the risk and manage
33:43 it
33:44 appropriately by having intraday charts
33:46 because you can see you can see details
33:49 in price action that otherwise you're
33:51 you're not aware of okay and that's kind
33:53 of like why I was tapping into the
33:55 memory of how it was for me when I was
33:57 driving around a suzu cargo truck you
34:00 delivering candy soda cakes and chips
34:03 and coffee products and coold food and
34:06 ice
34:08 creams I was looking at just simply data
34:11 and I I had to later on go back in and
34:14 remember one my notations as I was
34:16 driving sometimes I missed it and I had
34:18 to figure out okay well I was in traffic
34:21 I'm trying to get around this guy or get
34:23 around that part of town and I couldn't
34:25 look at the the data even though it's
34:26 right in front of me duct tap taped on
34:28 my windshield so it was like a hillbilly
34:30 version of a ICT right I mean you're all
34:33 impressed with the NASA spread out of
34:35 all my monitors and stuff I shared on
34:38 YouTube but back then I didn't start
34:39 like that I had literally like this
34:42 little transistor radio type thing
34:44 physically duct taped to make sure it
34:47 stayed in my view and it wouldn't fall
34:49 and break but I had to take the
34:51 notations and say okay I don't know when
34:53 it started taking that run because I
34:55 wasn't watching it I'm driving still
34:56 which isn't safe I'm not recommending
34:58 this at all for anybody but I was the
35:00 original you know driver being
35:03 distracted by cell phone because that
35:04 was like the equivalent of a smartphone
35:06 today back then so I was more interested
35:09 riding over the Key
35:11 Bridge watching those numbers than
35:13 watching anything else and look at the
35:16 response right off of that level there
35:19 see that a that nice just that alone
35:22 that one single pass like this that was
35:25 enough to to to draw my interest into
35:27 seeing what's what's what's going on
35:29 there is it repeating and I'd go through
35:31 data and I'd see it again and again and
35:33 again and again
35:36 and it caused
35:39 a an obsessive compulsive desire to
35:43 figure out what was repeating there and
35:46 then when I'd go back through price
35:48 action I would see all these little
35:49 details okay and say okay this is what's
35:52 this is what's occurring at this time
35:54 this is what's occurring at this time on
35:57 that day and then if we had a big news
35:59 driver which I didn't understand too
36:01 much initially when I first started
36:02 trading like I I didn't care or even
36:04 worry about an ecomic calendar so when I
36:06 was in there trying to trade if there
36:08 was ever a grain report that came out or
36:11 if there if I was Trad crud and I I
36:13 didn't look at the inventory numbers
36:15 that come out like around 10:30 New York
36:19 local time and the market would create
36:21 these moves and I like whoa where' the
36:22 hell that come from because I didn't
36:24 have any understanding about an economic
36:25 calendar so I I started way too soon
36:28 with money and I didn't know what I was
36:30 doing and back then I was like a cowboy
36:32 I just I just gunsling it's all it's all
36:35 I wanted to do is be a part of it
36:37 thinking which is what I have taught
36:40 against now because I did that stuff I
36:42 tried to learn how to do it with real
36:43 money and it caused all kinds of
36:45 problems and it slowed my growth but
36:48 when we're looking for these Wicks okay
36:52 Wicks are going to give you so much more
36:54 detail if you are using them in proper
36:57 context
36:58 okay
37:00 so I'm watching this as I'm talking I'm
37:02 looking at this little Gap in here does
37:04 it overtake it come back down trade as
37:06 support or is it respect
37:09 it and then roll over and take out the
37:12 relative equal lows that's formed here
37:13 and then explore the lows at 8:30 but
37:17 the uh if I'm looking for turns okay
37:21 when I learned about swing highs and
37:24 swing
37:25 lows um we learned them as ring highs
37:28 and ring lows okay we didn't call them
37:30 swing highs and swing lows and the
37:31 reason why is because you know you would
37:33 simply print your charts out or not
37:36 print them out but you would literally
37:38 draw them out so back when I was
37:41 learning how to trade we had a a service
37:43 called price
37:45 charts and they would mail you one set
37:48 of price charts for the week and then
37:52 you would take the opening price the
37:54 high the low and the close and you would
37:57 draw them physically on the chart
37:58 because it would give you room that's
38:00 the way I learned how to do this stuff
38:02 and you have no idea the advantages of
38:05 what you're learning and how fast you're
38:06 learning it because 99% of you would
38:09 have never stuck with it if it was like
38:11 that and to think of it and being
38:13 described like that you're probably
38:15 thinking there's no way there's no way
38:17 but everybody that's 30 years or more in
38:20 trading that's the way it was like that
38:23 that's that's the way it was I mean
38:26 people
38:28 you know we watched I watched my
38:29 generation we watched Things become
38:31 computerized I watched electronic
38:33 trading I was part of that last uh
38:36 generation of old school ogs where price
38:40 charting was done by hand every
38:43 individual candle and the only thing you
38:46 did that with was on a daily
38:50 chart see that little run right there
38:53 off that faite got trades up into it
38:57 plummets and the interest is below that
39:00 level so if it does this we want to see
39:02 a big yeah go we want see a big handle
39:04 like that expand
39:06 lower so the um isn't it fun watching
39:09 somebody knows what they're talking
39:10 about is it is it interesting so it's St
39:13 at the chart not knowing what it's going
39:14 to do the uh but I'm also giving you all
39:17 kinds of information that are just that
39:21 just gold because this information if
39:24 you look for swing highs and swing lows
39:27 which is what we called a ring High and
39:29 a ring low because for instance like
39:30 this little Candlestick High it has a
39:33 lower high to the left of it here a a
39:36 high that's lower to the right of it
39:39 than that one so in other words we have
39:40 a candle that has a high that has a
39:42 lower high to the left and a lower high
39:43 to the right so we call that a swing
39:45 high but on my chart if this was a daily
39:48 chart I would put a little circle or a
39:50 ring right above that so that way when I
39:53 looked at my charts I could map out
39:55 Market structure I could see where we
39:57 where we are in deference to previous
40:00 swing highs and swing lows and if I
40:02 start seeing swing highs that are
40:04 forming that are lower than a cluster of
40:08 Swing highs further back then I know I'm
40:10 probably part of an intermediate term
40:11 price run which is kind of like what I
40:14 was hinting at here with going all this
40:16 business here we talked about it trading
40:18 down to the midpoint when it was here we
40:20 were focusing there but because we're
40:22 looking for too much of a Precision
40:24 element here's where you would have
40:26 failed you using an entry you would not
40:28 have been filled but the market runs
40:30 with you okay if you couldn't get in
40:31 there then you can use
40:34 this you see that okay say you couldn't
40:37 get in here but then you have the market
40:40 come back up and trade into this
40:42 Candlestick here we don't want to see it
40:44 trade above that
40:47 candle there was a gap here but it
40:50 trades all the way back up but it does
40:51 not take out the high see that trades
40:54 right back to what
40:57 consequent coach on that Wick I talked
40:59 about at
41:00 8:30 this could be your
41:04 entry this could be your
41:07 entry what let me test your memory and
41:11 see if you kept good notes what is this
41:13 Candlestick providing you in terms of an
41:17 entry mechanism I talked about it
41:18 yesterday I talked about it a lot if
41:20 you've been my student for a while but
41:22 this candle right here what what is this
41:25 candle when it traded there like that
41:28 what is that referred
41:30 to I'll give you a second take a sip of
41:33 my
41:37 water institutional orderflow entry
41:40 drill very very very long winded name
41:43 okay and you're probably saying why did
41:45 you name it
41:48 that when I teach students how to trade
41:51 in efficiencies in price action and fair
41:53 value gaps when you have a a price run
41:58 okay once it enters a significant and
42:00 obvious sside program or cell program
42:04 and it's sside delivery that means the
42:05 market simply just moving lower okay
42:07 there's there's characteristics
42:11 there's identifications that I use and
42:15 sometimes when I'll say those you'll
42:17 hear me say Okay sside delivery you're
42:19 you're thinking cide liquidity or sell
42:23 stops that's not what this is sside
42:26 delivery is a sell program where the
42:28 market is going through the motions of
42:31 delivering lower prices and it doesn't
42:33 matter how many people's buying doesn't
42:35 matter how many people are selling it's
42:37 just algorithmically spooling in a
42:39 direction and if it's sell side delivery
42:41 it's going lower for the express
42:43 purposes of delivering lower prices and
42:45 it matters not how much buying and
42:47 selling pressure is there okay but when
42:50 I teach and when I taught students using
42:53 these inefficiencies we outlined when we
42:55 were up here that we first want to see a
42:57 trade there and then we talked about all
43:00 the business in here and then we talked
43:02 about going next Target was the lower
43:04 quadrant which is there this is not
43:05 quarters theories by the way quarters
43:07 theories is a bunch of so I'm
43:09 going to say it and stop asking me in
43:10 the comment section I'm sure there's
43:12 some very nice people out there and they
43:13 have their their faith-based ideas
43:15 around it but it's absolutely horseshit
43:17 so just know that that's my opinion
43:19 please stop asking me about it the the
43:22 low is the next Target why because
43:23 there's the liquidity resting below it
43:25 so that's sells side liquidity
43:28 the motion from here to here that run
43:31 right there that's sell side
43:34 delivery this High down to this lower
43:37 quadrant is sells side delivery it's
43:39 delivering lower prices and then the up
43:42 close candle I said we didn't want to
43:43 see it go above that in case you're
43:47 wondering here's the
43:49 high did we trade above it
43:52 no okay so having order block Theory
43:55 having Fair Value Gap Theory Market
43:57 Structure Theory having institutional
43:59 order flow Theory real institutional
44:01 order flow do you see any depth of
44:03 Market over here do you see any
44:04 horizontal volume things that make it
44:06 look like I'm technically
44:08 Advanced no you don't need that all you
44:11 need to know is where where is the mark
44:15 okay who who in the room is the mark
44:18 who's the victim because if you can if
44:21 you can determine who the victim is in
44:23 the room you know who's about to fall
44:27 who's who's going to get something they
44:30 ain't Wan
44:32 okay if you can't identify the victim in
44:36 the room and something's about to go
44:38 down you're the mark the same thing
44:40 happens in the marketplace if you can't
44:43 determine the liquidity that's about to
44:44 be
44:45 absorbed
44:47 engaged taken out you're the
44:50 liquidity you're going to be used as the
44:52 Canon fod for someone else's trade like
44:54 money okay so
44:58 this is sell-side liquidity yeah but the
45:02 way my son needs to start looking at
45:04 these runs from seeing
45:07 this to this target there has to be
45:10 something measurable well that clearly
45:11 is it's measurable and you don't have to
45:14 be in that trade there there's there's
45:16 lots of Trades here my career where I
45:18 could have got in at the the highest
45:21 tick but it wouldn't afford me the
45:25 fill even offering it by the print by
45:28 the time in sales it it traded there but
45:30 my volume and contract size wouldn't
45:33 permit it to be filled there and it ran
45:36 without me and then I had to figure out
45:38 later on as a consequence to that I had
45:40 to figure out other entry mechanisms
45:42 because I would be frustrated and angry
45:44 about missing those moves thinking that
45:45 I am if I'm couldn't get in that trade
45:48 here and I'm aiming for this this and
45:51 this and something
45:53 lower well if I didn't if I couldn't get
45:55 in there then I'm done I'm angry and I'm
45:57 pissed off and I couldn't I couldn't
45:59 imagine another opportunity get in
46:01 because this was all I knew at the
46:04 time which is why I developed the price
46:07 delivery Continuum Theory where
46:09 it's you seeing something that's
46:12 underway I I gave you the what we were
46:14 going to see today when we first started
46:16 the stream
46:17 again I wish I could have got this stuff
46:19 to work like it should it would have
46:22 been a lot better but I'm I'm already
46:24 doing far better than you're going to
46:26 see anybody else talk about on YouTube
46:28 and no no knocks against anybody I'm
46:30 just being honest you're not going to
46:32 see this level of detail you're not
46:33 going to get the depth of understanding
46:35 you're not going to get it beforehand
46:36 you're not going to get all the little
46:37 tiny subtle nuances because they don't
46:40 know and you don't need to know this you
46:42 can buy and sell indicators and probably
46:44 do something mathematically with uh
46:46 money management and be profitable I'm
46:47 not saying you can but I'm not satisfied
46:50 with that like I'm a technical freak
46:52 like I have to know like I have to know
46:55 why it's going to do it when it's going
46:56 to do it and how I can trust it that way
46:59 I can be lead leagues ahead light years
47:03 ahead of everyone else that looks at
47:05 these same charts that's that's always
47:07 been my my driving force is to be
47:10 absolutely phenomenal and
47:13 freakish that's been my goal it's my
47:15 Pursuit and I try to instill that in my
47:18 students but they equate that as they
47:20 have to know it right away as soon as
47:22 they start reading it and studying it
47:24 and listening to me and they think just
47:25 because they wrote some scribble and a a
47:27 a journal that that equates to I'm doing
47:30 the work no you're just now introducing
47:33 yourself to it it has to be a lifestyle
47:36 like you have to constantly be pouring
47:37 into these charts listening to my
47:39 lectures really dig into what I'm saying
47:41 because I'm not talking for the sake of
47:42 this talking I'm giving you detail that
47:45 you aren't going to fully appreciate
47:47 because where you're at when you first
47:49 start listening to them already you're
47:52 thinking it's too long I ain't got time
47:53 for this give me somebody else's going
47:54 to reduce this give me a PDF let me find
47:57 somebody that's does gives me the cliff
47:59 notes you're never going to learn from
48:00 that you'll be able to hear the buzzword
48:02 and you can talk the terminology in
48:05 hindsight but you're never going to do
48:07 what I'm doing here that will always
48:09 evade you because the people you're
48:10 learning from they can't do that they
48:13 can't do it okay and the things I'm
48:15 teaching today they've not been taught
48:18 before mentorship students that paid me
48:21 they did not learn what I'm teaching you
48:22 here this is all brand new
48:24 stuff so
48:27 the price delivery Continuum theory is
48:30 where if we identify a move and
48:33 anticipate it delivering to a Target
48:35 that is it's finite it's not something
48:40 that well you know it could do this it
48:41 could do that like a Zone I don't deal
48:43 with zones zones are for fools and
48:46 idiots we don't deal with zones we deal
48:48 with very specific price levels if I
48:52 don't know the price that I'm wanting to
48:54 see as a entry a stop or a partial or
48:58 terminous Target where the trade is
48:59 completely closed in if I don't know
49:01 that specific price I'm not getting in
49:04 the
49:07 trade contrast that with supply and
49:10 demand zones okay what are you doing
49:13 with that what what criteria are you and
49:18 if you teach it what criteria are you
49:19 teaching the people that are listening
49:21 to you what's the methodology that
49:23 you're going to come to the same
49:25 conclusion and process protocol guidance
49:28 that leads you to a specific price in
49:31 that zone which zone is
49:33 important which part of the Zone what
49:35 prices in those specific supply and
49:38 demand zones are you interested in
49:40 that's why it's a fallacy it's a
49:42 joke okay it's a wonderful infantile
49:46 approach to a more visual representation
49:49 of support and resistance that was the
49:52 furthest Accolade I gave it and I
49:54 mentioned that same stuff when I was on
49:55 baby pissy because idiots over there
49:57 said the same oh you're just you're
49:59 reteaching supply and demand
50:01 everything I'm showing you
50:03 here has nothing to do with supply and
50:04 demand and it has nothing to do with
50:06 support and resistance but it tells you
50:09 to the
50:10 tick to the tick and it doesn't matter
50:14 what Market it is you're not getting
50:16 that from uh support and resistance and
50:18 supply and demand you're not
50:19 doing that I don't give a what time
50:21 here he said Dollar Mentor Mentor uh
50:23 mentorships okay and the people that run
50:25 them they need the backpedal because if
50:27 they're using supply and demand and
50:29 they're trying to sell that many
50:30 times if you really really listen to
50:32 them they're really trying to teach
50:33 order block Theory they're trying to
50:36 teach what I do and they're falling
50:38 short of it okay and I know this is the
50:39 part of the videos you don't like but I
50:41 have to answer all these things because
50:43 people send me and they question me
50:45 and I fill in a lot of questions within
50:47 my uh my dialogue and also scratches an
50:50 inch one sign once I get it once in a
50:52 while I have to scratch it like anybody
50:54 else will
50:57 but if you have wicks in your charts
51:00 okay every single time you have a
51:03 wick every single time you want to be
51:08 measuring them from the highest high and
51:10 the lowest low okay
51:13 because in swing highs and in swing
51:16 lows it's going to give you detail that
51:20 nobody else has but me but me good old
51:26 ICT but you're going to get today you're
51:28 going to get it you're getting it right
51:30 from the
51:33 source if there's going to be a high and
51:36 this is on any time frame folks okay
51:38 write that down in your journal and your
51:39 study notes this is a principle that is
51:42 all time frames every single time frame
51:48 and this is what you'll find is
51:52 fascinating if you go through all time
51:54 frames and you study this and to see
51:57 them form on sub one minute charts and
52:00 it's still
52:02 there that is is incredible it is
52:06 incredible to
52:08 see it's incredible to see your baby do
52:11 exactly what it's supposed to do and
52:14 it's so pretty it's so beautiful to see
52:18 it form and sometimes
52:22 when the people
52:24 that use it
52:28 push hard and intervene with it take it
52:32 out of
52:33 its processes and and what it's
52:36 following at the time it's script and
52:38 they cause a manual intervention then it
52:41 gets a little blurry but if you just
52:42 simply
52:43 wait it'll go right back to doing what
52:45 it's supposed to be
52:46 doing rigged controlled price delivery
52:50 that's exactly what we have and there's
52:52 no reason to be upset about it there's
52:54 no reason to fear it you should be
52:55 thankful it's this way because I'll be
52:57 honest with you with 30 years experience
52:59 if these markets weren't rigged if they
53:01 were not rigged I would never trade them
53:04 because you have the equivalent of doing
53:05 the same thing that people do when they
53:06 buy lottery tickets going to the casinos
53:10 that to me is
53:12 madness but if I can go in and I can see
53:15 okay I can systematically
53:18 prove
53:20 prove that these things are happening
53:23 they're
53:24 predictable to a degree
53:27 Precision it presses the viewer or
53:30 anyone that studies and looks at it
53:32 especially when we're doing it live it
53:34 forces them into a corner and they're
53:36 like either this guy has a time
53:39 machine or he's using delayed data and
53:41 I'm using the lowest latency on this
53:43 live stream and I have students that
53:45 verify it I'm seconds away seconds away
53:49 from when you see it and when it happens
53:52 and if you have real- time data you
53:53 already see what I'm annotating on the
53:54 chart I tell you where it's going to go
53:56 before befor hand so it doesn't matter
53:57 it can be delayed 10 15 minutes it's
53:59 still in the chart before it's there and
54:01 then when it finally delivers there you
54:02 go there's no escaping it so it's
54:05 predictable it's logic that's
54:06 transferable you can learn
54:08 it but if you're looking for turning
54:11 points in price that means short-term
54:13 highs interterm highs long-term highs
54:16 short-term lows interterm lows long-term
54:20 lows where they nest out in the grand
54:23 scheme of
54:24 things when you have a
54:27 draw on liquidity that's discernable
54:29 that means that you you can reasonably
54:32 forecast where the Market's trying to go
54:35 to remember that's the first lesson for
54:37 you
54:38 Caleb all of this stuff is just once you
54:41 get beyond that when you're when you're
54:43 studying for the
54:45 day and you watch and observe where
54:48 price is going and you're watching the
54:50 live streams like this and you see that
54:52 telling you where it's going to go and
54:53 it goes there then you go in and you
54:54 fill in your observations and the chart
54:57 annotate how much time it took for this
55:00 run from here down to that level we were
55:02 aiming for and make notations how the
55:05 bodies turned right at that
55:07 level traded back up into the fair value
55:10 G consequent encouragement of this Wick
55:12 because it's a
55:13 wick that's above price when it was down
55:16 here so if it returns back to that
55:18 that's a premium
55:20 array but I don't care about the low you
55:24 see that
55:26 I don't care about that low I want to
55:30 see it trade through that I want to see
55:32 it dig into this and go right back to
55:34 that because if it can do that then I'm
55:37 waiting to see does it
55:41 stop or if it Wicks through it does the
55:44 body that it pierces it with does its
55:47 body stop at or below that consequent
55:50 encouragment because that's the
55:51 signature that's the little that's a
55:54 little Telltale sign that's that's at
55:56 the table I'm the dealer okay I can run
55:58 up a deck and and stack the deck and I
56:00 can send somebody a hand of winning
56:02 cards and everybody at the table won't
56:04 even know it and they can be a
56:05 Confederate with me and we run the table
56:08 ever seen the movie
56:09 Rounders Matt Damon and uh what's the
56:12 gentleman he lives in Maryland he played
56:14 the Incredible Hulk Edward Norton he
56:17 plays the guy that does all the chops he
56:19 was in prison came out and while he was
56:21 in prison he was learning how to do all
56:23 this stuff with cards and Matt Damon was
56:25 just a good poker player but Ed Norton
56:28 was a cheat so when Ed Norton was
56:31 dealing he was dealing good hands
56:34 stacking the deck up for his buddy Matt
56:37 and Matt realized what was going on and
56:39 he was like listen I want to play for
56:41 real I don't want to get caught doing
56:42 this and he end up getting caught
56:46 and that's another
56:48 discussion this is another discussion
56:50 for another day just just
56:52 know that uh I I I really enjoy these
56:56 lives but they're almost problematic for
56:59 me because I have so many things I I
57:01 would love to talk I really should have
57:04 a podcast I mean I really should have
57:05 one because I could never run out of
57:08 things to talk about ever literally
57:10 never ever ever
57:14 but when we're looking at the Wicks okay
57:18 I want to see it go up and
57:21 fail okay or stop give me that little
57:23 signature it's like me tipping my hand
57:25 to a another player at the table and
57:27 showing them my cards okay well that's
57:29 what the algorithm's doing for me and
57:31 for anybody that trades like this and
57:33 before I stepped out and started talking
57:35 like this and revealing this this
57:36 language to start seeing it this way and
57:38 looking for it nobody believed that
57:41 there was an algorithm that control
57:42 price like this and there's always been
57:44 a group of
57:45 people that you're not hearing about
57:49 they don't write books they don't go on
57:51 cbnc and they do the very things I'm
57:55 telling you how to trade and engage
57:57 price they they do that and they do it
57:59 on a very large scale all day long all
58:01 time frames okay and they also have
58:04 algorithms that are keying up off of
58:06 these very things so they're not sitting
58:08 there looking for these things okay um
58:12 quote unquote smart Money traders
58:14 algorithmic Traders they understand the
58:17 things I'm I'm showing you
58:19 visually but these are the closest
58:22 things that I can teach you to see the
58:25 phenomenon that's going on at that
58:26 moment there's other things that I'm I'm
58:29 not I'm not in a position put it that
58:31 way I'm not going to teach it and I
58:33 don't give a who comes to my house
58:35 and says you're gonna I'm not going to
58:36 do okay I'm not telling you
58:39 you want my technology you you
58:42 can't have it but you can have these
58:44 things you can have
58:46 that tell me I can't well I'll make more
58:49 of me
58:50 okay so if you
58:53 have these little hints these little
58:57 billboard signs Flash and say I am not
59:00 going any higher and here's proof to
59:02 that that you can trust see that's a
59:05 real
59:07 indicator if you start applying things
59:09 that are mathematically calculating old
59:12 data for the purposes of of overball
59:15 oversold Divergence Trend following
59:17 moving
59:19 averages ratios Fibonacci ratios if
59:22 you're doing any of that stuff listen to
59:24 me and I mean this sincerely I know
59:25 there's a lot people that don't like me
59:27 that stand on that d dumb they sell
59:29 courses they sell software they do all
59:31 kinds of stuff okay whether you believe
59:34 them whether you believe me or not I'm
59:35 just going to say this is the truth
59:38 price literally doesn't give a
59:43 about any of that it doesn't it does not
59:46 mean that that's what causes price to go
59:48 up and down absolutely not it doesn't it
59:51 doesn't do
59:53 that but what price does refer to to is
59:58 time if it's the right time for price to
60:01 move it will
60:02 move if it's not right time it ain't
60:05 going to
60:05 move it'll just gyate and fluctuate in a
60:08 predetermined range that is
60:10 mathematically calculated by the
60:12 algorithm I'm only going to go this High
60:14 I'm only going to go this low for this
60:16 amount of time and then I'll go just a
60:17 little bit of that highest high in the
60:18 last range and I'll go down the low the
60:20 lowest low and the last range and I'll
60:21 go right back in the middle of that
60:22 range until it's time
60:26 to start
60:27 spooling that session starts and session
60:30 endings during the macro periods at
60:32 20-minute intervals top of every
60:36 hour all these things start to come
60:38 together like a like a puzzle okay and
60:41 when I was on baby Pips I was testing
60:44 laying out breadcrumbs and see out of
60:46 all the people that come here I want to
60:48 see who can pick it up and not one
60:51 person could and then I did a mentorship
60:53 I'm going to see can they can they jump
60:56 and do these Quantum leaps like I was I
60:58 was getting these
61:00 huge like downloads of understanding and
61:04 seeing wow this yeah you can really see
61:06 some of these things in not a lot of it
61:07 but you can see enough in price action
61:10 where the the concepts the theology
61:14 behind when price and why price should
61:16 do
61:17 anything there's certain times when
61:20 price doesn't hide
61:22 it and that was the fascinating thing
61:25 for me because I I've I've known it for
61:27 a long time but it was me trying to find
61:29 a way where I could talk about it and
61:32 I'm talking about these little things
61:34 like this that's not really what's going
61:37 on in price but visually it's occurring
61:40 at the same time the algorithm's doing
61:42 what it's doing that I can't talk about
61:44 and then that's the part that some of
61:45 you get pissed off about you're like oh
61:46 you're hiding stuff you're right
61:48 I'm hiding something you're right I am
61:52 absolutely I am you would too you would
61:56 to you wouldn't even be teaching this
61:58 part of it you keep it to
62:00 yourself but I have an obligation I have
62:03 something I have to fulfill and I have a
62:05 bone to pick really so this is my way of
62:09 doing it and I have been successful in
62:13 transferring this information with this
62:16 language it's resonated with a large
62:19 number of people all around the world
62:23 and my daughter actually sent me
62:26 something I just want to toss something
62:27 there because I I I was kind of
62:28 interested by it um last night or
62:32 yesterday evening rather right after the
62:34 Market's closed I got a text message
62:35 from my daughter and she goes um do you
62:38 see this person do you know this person
62:41 and she sent me like a profile of
62:44 someone on
62:45 Instagram I'm not on Instagram so she
62:48 has to send me screenshots to see it
62:50 because I don't know how to I can't
62:51 access anybody's account I'm not on
62:52 Instagram I'm not on Facebook I'm not on
62:55 Discord I don't have any anything to do
62:57 with that stuff so if anybody's using my
62:59 name it's not me but she asked me do you
63:02 know this person because they had my
63:04 logo in their uh in their profile which
63:08 a lot of people a lot of people have
63:09 that it's like a like a Brotherhood
63:11 symbol like and I have people I have
63:13 students all around the world they're
63:14 getting a tattooed on them please don't
63:16 do that I don't know what you're
63:18 thinking but I I I get it I understand
63:20 what you're doing but you know the Bible
63:22 says take no Mark upon your skin and
63:24 that that's exactly what that means do
63:26 that very thing you don't have you don't
63:27 I don't have a mark I'm not forcing
63:29 people to take a mark and my logo
63:31 certainly isn't the mark of the beast
63:32 either but there's individuals out there
63:34 that take my logo and they put it in
63:36 their profile and then use it as their
63:38 Avatar and the person she was asking me
63:42 about I said well I I know of this
63:45 person they're a student of mine
63:48 but what what's spurred that on she go
63:51 well I'm looking at the new Bachelor uh
63:54 apparently there's a show called The
63:56 Bachelor
63:57 something something Bachelor okay and CU
64:00 she's a single woman she likes those
64:02 kind of shows and apparently the new
64:06 Bachelor is a day trader and
64:12 Ellis I I don't know if that's the last
64:14 name or if it's the first name Ellis
64:15 something anyway she looked at his
64:18 followers and who he was following and
64:20 he follow he's actually following
64:21 something or someone that's one of my
64:23 students and it's uh
64:26 um something lab scalping lab scalp lab
64:32 scalping lab or something for that
64:33 effect and uh they have my my logo as
64:37 their their Avatar and on Instagram and
64:40 uh this apparently this new Bachelor on
64:43 this TV show that does something around
64:45 being a bachelor they uh they're a day
64:48 trader and his following he's following
64:50 this particular person and the question
64:52 was brought up by my daughter she goes
64:54 do you know this person and I was like I
64:57 don't know them and I don't off the top
65:01 of my head I don't know who the person
65:02 that's going to be the bachelor is but
65:04 uh he's a he's a young guy and it was a
65:06 picture of it so I couldn't really make
65:08 out who it was because I only see so
65:10 much by zooming in but
65:14 um if you're if you if you know more
65:16 about it like especially if you're like
65:19 in my private mentorship if you know him
65:21 if if you know anything about it just
65:23 you know send me you know a message
65:24 about it cu intrigued by because you
65:27 I've heard my name talked out of uh
65:29 Andrew Tate's brother's mouth like I'm
65:32 all over the place I'm Mr world what but
65:35 I said this to my daughter last night
65:37 she was laughing but uh it's funny it's
65:40 really funny to see how far this has
65:42 reached out to like all these
65:44 individuals around the world are
65:46 familiar with me and either with me or
65:49 they are familiar with what I've
65:51 introduced to the community because
65:52 other people are using it and and
65:54 implementing it and they
65:56 they have a fing of their own which is
65:57 fine I got no problem with that I just
65:59 don't like it when people try to pretend
66:00 they know how to do certain things that
66:01 I've never fully taught and each try to
66:03 sell mentorships egging people on that's
66:07 that's fraud okay because you don't know
66:08 what I know but if you've gone through
66:11 mentorship you know what I've taught
66:12 mentorship but now that's that's for
66:14 free on YouTube now too so but the
66:20 uh I
66:22 digress the uh I gotta tell you I love I
66:25 love live streaming because it gives me
66:27 an outlet okay it really gives me an
66:29 outlet so I can say what's on my mind
66:32 when I want to say it but unfortunately
66:34 it's hard to follow me if you're here
66:36 just for for studious purposes so I
66:40 understand and I I I I
66:44 can appreciate your frustration if
66:46 you're someone like that but just know
66:48 that I can't not be me okay and people
66:51 have asked me to change for years and
66:53 I'm not going to do it I I I can
66:56 do as much as I can to try to do what I
66:58 want to do and still meet the
67:00 expectations or whatever I have in mind
67:02 to
67:03 do but I also have to be me and no one's
67:07 going to change that and the way I
67:09 deliver the information is the way I
67:10 want to deliver it and I I have to be
67:12 happy with the way I do it or I won't do
67:14 it at all so it takes a great deal of
67:16 filtering if you're here just for the
67:19 Nuggets okay and when it's live stream
67:22 like this like it was on Twitter spaces
67:25 it's the good stuff being tucked in
67:30 and sometimes that's intentional like
67:32 today it isn't intentional it's just me
67:34 being organic because I'm finally
67:36 relaxing about the frustration I had
67:38 with trying to get OBS to start
67:40 streaming it pissed me off like I was
67:42 ready to throw this laptop
67:43 through the wall like I was getting
67:44 angry I was getting so mad but it is
67:48 what it is but I want you to think about
67:50 Wicks okay and how every swing high and
67:54 every swing low
67:56 that has a wick the information is
68:00 useful if you start measuring them
68:03 finding out where the midpoint is of the
68:05 WID the highest high and the lowest low
68:07 and if we start doing that we can start
68:11 forecasting things in price action that
68:14 would otherwise be un it's unknown to
68:17 other Traders okay and I'm going to
68:19 introduce some of the principles
68:21 today it's meant for you to go into your
68:23 charts and explore it study it it's a
68:25 fast fasinating subject matter I spent
68:27 years looking at these things and
68:30 finally after six years because I
68:34 figured out in like less than three
68:37 years like two two years and like nine
68:39 nine months or something like that I had
68:41 everything exactly what I wanted but
68:45 because I have to take things apart and
68:47 Tinker with them that was I was that
68:48 kind of boy growing up I had to Stretch
68:50 Armstrong toy I had to find out why it
68:53 kept going back to its normal size I had
68:55 had to figure out what was inside of it
68:57 so I cut it open and it's like this
68:59 little gel stuff in it and I I needed to
69:02 know why my remote control cars worked
69:05 and what was inside the thing behind
69:07 where the battery panel was I I had to
69:09 had to take things apart to see what
69:10 they did and it mattered not to me if I
69:12 could put them back together I needed to
69:14 know what made them work and from
69:17 someone's perspective that doesn't
69:20 appreciate that inquisitive nature in a
69:22 human mind they may see it that this
69:24 kid's a brat he's a destructive person
69:26 look at he's breaking things up but that
69:28 was the fuel for me to be who I am today
69:30 because that's every everything that I
69:32 get involved with I I have to understand
69:34 why it does what it does and how it does
69:36 it and if I can't ascertain what that is
69:40 if I can't get a grasp on it I'm not
69:42 interested it can't hold my
69:44 attention so I
69:46 have a demand on anything that holds my
69:49 attention that it has to do something
69:52 for me to hold my attention or I'm not
69:54 I'm not interested
69:57 and in trading and using these Concepts
69:59 and not exploring price
70:01 action I have found that and I've had
70:05 lots of students come through me
70:08 and the characteristics of impatience
70:10 and I need you to start saying less and
70:13 just teach it and stop talking so
70:18 much you're never going to learn from me
70:21 and you're probably not going to do well
70:22 with anybody else because what you're
70:24 trying to do is condense
70:26 you wanted to have
70:28 a um a distilled version of all this
70:32 information and when you really take a
70:34 step back there's no advantage of
70:36 distilling any of it because you have to
70:38 have a complete perspective because they
70:40 all they all link together as one
70:45 symbiotic unit it's not one thing and
70:48 stands by itself a wick in the details
70:51 I'm going to teach you about this that
70:52 leads to understanding Turtle souit you
70:54 thought I forgot about that
70:56 it's just a preamble here the idea of
70:59 anticipating turning points in the
71:00 marketplace which is what a turtle soup
71:02 is it's a run on liquidity but it's not
71:08 always running above an old
71:10 high it's not always running below an
71:13 old
71:14 low so when I say Turtle suit it was me
71:18 nodding because I like the name it was
71:20 cute of what I saw and read about in the
71:24 streets Mar books by Larry Larry Conor
71:27 and Linda rash and I said this before
71:30 I'll say it again because I mentioned
71:31 the book again I get nothing from it I'm
71:34 sure she probably knows about me only
71:37 because I have commented to her I think
71:40 twice when I was on Twitter and she was
71:44 tagged in a response and I'm sure she
71:46 looked at me and I was who I am and I'm
71:49 sure I'm not her cup of tea and that's
71:51 fine but uh I I think her book with
71:54 Larry was a a good book it's expensive
71:56 yes would I still pay that price if I
71:58 hadn't bought it at that same time in
72:00 1995 yes I paid $175 for it I don't know
72:04 what it's selling for today
72:06 unfortunately it's been copied and put
72:08 all over the Internet you can get it for
72:09 PDF and for free don't I don't want you
72:11 to do that you if the authors are going
72:14 to take the time to put the information
72:15 together like that um regardless of what
72:17 they sell it for you shouldn't you
72:20 shouldn't take the information and
72:22 circumvent the the payment for their
72:24 their information their experience that
72:26 they collected to put it out into other
72:29 people's
72:30 hands there's a lot of things in that
72:32 book that I don't like um but it did
72:35 help me understand stop runs it it
72:39 helped me formulate a visual
72:41 representation because that was the
72:43 first introduction to it because
72:44 remember my original Mentor was Larry
72:47 Williams and Larry Williams doesn't do
72:48 any of this he doesn't use enough
72:51 he doesn't use any of this stuff that
72:52 I'm talking about here everything in my
72:54 mentorship all that stuff technical fair
72:56 value gaps institutional order flow
72:58 inversion fair value gaps Breakers
73:00 that's not him okay I had some
73:03 write a book on Amazon and try to say
73:05 that my stuff was Chris Lorry stuff
73:08 Larry Williams stuff Sam siden stuff
73:11 supply and demand and all of that is the
73:12 biggest lie it's a joke and
73:14 that's why I invited everybody with a I
73:16 purchased his horeshit book just so I
73:18 could leave a verified purchase review
73:20 saying this is all nonsense you can go
73:23 to my YouTube channel and you can see
73:24 everything that this clown wrote
73:26 about is my information and none of
73:28 these other people had anything to do
73:30 with it and you asked them directly and
73:32 that's why I went out and caused uh
73:34 Chris Lori to answer me publicly on
73:35 Twitter I said listen I'm tired of these
73:37 people saying that I've copied you we're
73:40 going to court if you don't do this
73:42 publicly because I didn't take from
73:46 you do you see your material in my
73:48 Concepts in my lectures in my teachings
73:50 yes or no he hand the hard I said listen
73:52 you got 30 minutes and I got the
73:54 emails you got 30 minutes to come out on
73:56 Twitter and respond publicly and he
73:58 comes out and says no and he goes all
74:00 this other extra trying to say
74:02 face but there's your answer everybody I
74:05 don't teach Chris Lor's okay I
74:07 don't I don't teach Chris Lor stuff I
74:10 made the mistake of giving him a nod and
74:12 sending him people and I found out
74:15 through other people sending me email
74:16 saying he was talking about me
74:19 listen you bite the hand that
74:21 feeds you that help set you up you go
74:23 yourself pal I don't need anybody
74:25 else to help me I don't need that I got
74:28 one person in my corner and he ain't on
74:30 Earth
74:32 so it's just a one it's a oneman army
74:35 here I don't need allies I don't need
74:38 people supporting me I don't need
74:39 worshippers I don't need cult members I
74:40 don't need students I don't need it I
74:42 don't need to do any of this stuff I
74:44 enjoy this stuff I enjoy sharing it and
74:47 it just pisses me off and I see other
74:48 people lie and they discredit me and say
74:51 oh well you didn't do this and you said
74:53 this because it's somebody else's stuff
74:54 that's over here it's horseshit you got
74:56 $5 million I'm going to remind you all
74:58 $5
74:59 million you come forward and you show
75:02 where any of the stuff I'm teaching is
75:04 found anywhere prior to
75:07 me and a lot of this was codified
75:10 in
75:12 1996 prior to that it was conceptually
75:15 being discovered I was figuring out
75:18 certain things but I put it in a format
75:20 where it is linked to me 1996
75:25 then all a sudden you hear about stories
75:26 about there's a market maker that was
75:28 flying on an airplane and I met this guy
75:30 and then all of a sudden that's urban
75:32 legend but you're hearing it right from
75:34 that person that that guy's talking
75:35 about
75:38 hello think about it folks I've been
75:41 around the block for a long long time
75:43 multiple times I've had more
75:45 personalities online than you realize
75:47 Inner Circle trigger just the longest
75:49 one
75:55 a lot of big names have their hand in my
75:57 cookie jar let's put it that way my
75:59 hand's not in
76:01 theirs so let's talk about the wick okay
76:03 I had fun so let's get get into the
76:05 nitty-gritty with it if we refer back to
76:08 this one here as I mentioned if price is
76:11 ever reaching up okay if price is ever
76:14 below it and you have a reason to
76:15 suspect that it may go up for the sake
76:18 of retracement for the sake of a long
76:20 trade and it is likely to continuously
76:23 move higher you have to contend with the
76:25 information that's being
76:28 presented inside the wick okay inside of
76:32 that
76:34 Wick what specific information if you're
76:36 below it it's going to come up into that
76:39 midpoint the midpoints consequent
76:41 encouragment why is it not mean
76:44 threshold because it is a gap gaps
76:47 midpoints are always consequential to
76:50 its return back into that range of that
76:53 Gap so consequent encroachment it's
76:56 encroaching on the mid part of that Gap
76:59 or
77:00 inefficiency so because I when I look at
77:04 a wick I treat it as a
77:07 gap even though it moves in one single
77:10 candle passing from the open of that
77:13 candle down to the low I don't care how
77:15 long it takes doing it that's not an
77:16 important factor the visual
77:18 representation of that is enough for me
77:21 then I go right in and I measure it if
77:24 it's a long long range Wick something
77:27 like this one over here I'm going to get
77:28 a very specific calculation and I want
77:30 to know the very number but if it's
77:32 short like this I can eyeball that and
77:34 say okay well we're in close proximity
77:36 to the 6 PM opening price we're also
77:40 approaching the consequent croach of
77:42 this gap which is this candle's low and
77:44 this candle's high so half of that okay
77:46 so here's a here's a convergence of
77:49 three things there that build on this is
77:52 a good idea to anticipate lower prices
77:54 but you are already knew lower prices
77:56 were in order back here when I finally
77:58 got the stream going you knew yesterday
78:01 that this is where the N nasda could
78:03 potentially reach up into if it was
78:04 going to continuously move higher look
78:06 at the turn
78:07 there what is this candle doing right
78:10 there this
78:13 one what's this candle right here what
78:16 is it
78:18 doing it's trading below that short-term
78:22 low yes absolutely it is but what else
78:25 is it
78:26 doing it's validating this candle this
78:30 candle as an order block what kind of
78:32 order Block it's a bearish order
78:35 block so once we get below and
78:39 close here we have a shift in Market
78:43 structure but before we do that that
78:47 order block is validated that's in
78:49 that's the change in the state of
78:50 delivery what does that
78:52 mean what does that mean when I say it's
78:54 change in the state of
78:56 delivery this candle opened and there
78:59 was buy side delivery that means the
79:02 Market's moving higher it keeps booking
79:04 and offering higher prices that is buy
79:06 side delivery it's going up to go into
79:10 that inefficiency I told you yesterday
79:13 that would be an upside objective if it
79:14 continued moving higher it's also taking
79:17 out this High here this High here this
79:20 High here and the high formed at the 830
79:22 news driver and release that it created
79:25 there so it went up there and kept that
79:28 Gap in play that old new week opening
79:32 gap on July 28th of 2024 some old
79:36 reference point that everybody knows
79:38 about these gaps ICT but nobody was
79:41 doing this with
79:42 him nobody was extending him in the
79:45 future it was filled all right that's
79:48 done cast it out now it's no longer
79:50 valid it's one and done over no it's not
79:54 I've had so much fun over the years
79:57 watching people literally talk about
80:00 price action and it's staring right at
80:04 them every single day every single week
80:06 for weeks at a time and it's it's
80:09 completely they're oblivious to it and
80:11 they're taking trades that would
80:12 otherwise be contrary to what that
80:16 implies yeah I'm going to go long we
80:18 broke out above here so it's probably
80:20 going to keep going because they're a
80:21 momentum Trader and they don't know this
80:22 information they don't have this
80:23 information that you given yesterday do
80:26 you see a repeating phenomenon like I'm
80:28 always able to tell you with these
80:30 Concepts what is the most Salient and
80:33 then the market behaves around them as a
80:35 manner of
80:37 proving the concept the logic and the
80:42 predetermined aspects it's before it
80:44 happens not after the fact it's before
80:46 it happens because if these things don't
80:48 have a logic that I'm able to tap into
80:51 and it never is deviating or changing or
80:53 morphing into something else that means
80:55 I'm confident that means I'm to a lot of
80:58 people's perspective I'm arrogant and
81:00 conceited and
81:01 narcissistic okay because I'm absolutely
81:05 confident that this is going to
81:06 continuously keep working that's why
81:09 when I talk I don't sound like I'm
81:11 second guessing myself I speak with
81:14 authority that's why that tone is always
81:16 there because it's mine it's mine okay
81:21 and I'm sharing something that you
81:22 wouldn't otherwise know about
81:25 but if we look at these
81:27 elements and you introduce the idea of
81:30 Swing
81:31 points if you're trying to capture a
81:34 reversal pattern
81:36 okay there's two forms of reversal I
81:40 want you to think about
81:42 okay there are reversals for the sake of
81:47 changing a buyer cell program
81:51 into an opposing buyer cell
81:55 meaning this we have the Market's been
81:58 going higher prior you prior to
82:02 u to 8:30 we've had
82:05 this all this consolidation overnight
82:09 all this Meandering
82:10 around we had to stop
82:13 hunt rally up and then go to where we
82:16 were talking about
82:19 yesterday all of this is higher than
82:22 where we were trading yesterday at the
82:24 the uh beginning of the stream 9:15 or
82:27 so yesterday eastern time so it's been
82:29 going higher and it went to some random
82:32 level that was given to you in advance
82:35 yesterday and then it behaves like this
82:38 breaks down so we've been a part of a
82:41 buy program it's been going higher we
82:44 had to wait for the news driver this
82:45 morning and then continued going into
82:47 the
82:47 upper higher premium levels that we
82:50 talked about yesterday towards the end
82:52 of the stream I gave you okay what do we
82:53 do with the now where it's at and I
82:55 walked you through certain aspects of
82:57 where the price could go if it's going
82:58 to remain going
82:59 bullish here we have it it trades up to
83:02 it here and then it folds and
83:06 drops now if I didn't teach the new week
83:09 opening
83:10 Gap if you didn't know anything about
83:12 this concept
83:15 okay this run Above This
83:19 high for a majority of you you wouldn't
83:21 you wouldn't expect that type of
83:23 reaction going there and breaking down
83:25 you wouldn't expect
83:26 it if I wouldn't have taught fair value
83:29 gaps you would have never even looked at
83:31 this area here as a point of interest
83:33 for you to study it using it as a point
83:36 of entry going
83:39 short if I wouldn't have taught Breakers
83:41 which is what this is high low higher
83:45 high that takes out
83:47 liquidity but notice it's taking out
83:49 liquidity and then it's going somewhere
83:51 specific it's not just going above it's
83:54 not oh this is an engulfing candle it's
83:56 a Fu candle that's an Institutional
83:58 candle it is not an Institutional
84:02 candle this is an order block these
84:06 three the I'm sorry these two candles
84:07 here but it's that opening
84:10 price that is the change in the state of
84:12 delivery so when I say it's a change in
84:15 the state of delivery Caleb I'm telling
84:16 you that what was in play prior to those
84:20 candles formation where was the market
84:22 going up
84:25 so that means the market was in buy side
84:30 delivery suspend your disbelief for a
84:32 moment okay
84:34 just give me the moment to speak in
84:36 these terms if you're one of those
84:38 individuals that are in the audience
84:39 listening and you think there's no
84:41 there's no there's no algorithm bro I
84:43 work at so and so Investment Bank
84:45 there's no algorithm okay come
84:47 out here and do this what I'm doing and
84:48 I walk I'll walk circles around your ass
84:50 you can use all the that
84:52 Goldman Sachs and all the City
84:53 all the all the that you use you
84:55 come out here live stream and I'll tell
84:57 you every one minute candle and
84:58 I will call it all day long and I'll run
85:01 circles around your ass the invitation
85:03 is open it's it's open if you want to
85:06 come out here and get on blast Street
85:08 come out here and get on blast street
85:09 because I will make your look like
85:11 Mickey Mouse Romper Room nonsense
85:14 okay the change in the state of delivery
85:16 in this instance is we move from buy
85:19 side delivery that means it's being
85:21 offered higher prices not because of
85:23 buying pressure not because an absence
85:25 of selling pressure okay it's
85:28 algorithmically delivering to a
85:30 level I gave you yesterday how's that
85:34 possible how is that possible if the
85:37 markets are random if it's not rigged if
85:41 it's not rigged I couldn't do this
85:44 stuff I couldn't sit here on a live
85:47 stream with the lowest latency and point
85:49 out certain things in price action and
85:50 they
85:51 deliver over and over and over again
85:55 if they weren't rigged I couldn't do
85:57 that but because they are rigged you
85:59 should find solids in that you should
86:01 walk around with a heart
86:04 on you should be thankful that it's like
86:07 this because it's something that's going
86:09 to repeat and it's going to give you a
86:12 happy ending every time you use
86:14 it because it's there for you to take
86:17 it it's there for you to take it but
86:21 prior to me revealing it it's an unknown
86:25 it's something I had fun
86:27 with if they're my
86:33 toys so the change in a state of
86:36 delivery at the opening price of an
86:38 order block flips
86:41 it from in this case from buy side
86:45 delivery offering higher prices again
86:48 don't think buy and selling pressure
86:49 just think it's going to offer offer
86:51 offer offer until it gets to that price
86:52 level right there that you knew about
86:55 yesterday then does it reject it yes it
86:59 does does it
87:01 overshoot the opening price right there
87:04 it does and I don't need I don't need to
87:08 see it close below
87:11 it f you
87:14 candle he 20 RS but there's 20y
87:18 olds that'll eat that up though
87:19 won't they chairman
87:24 chairman they call themselves
87:26 chairman sit in their chair boy
87:28 you know what you're talking about the
87:29 opening price is the change in estate
87:31 delivery in this case soon as we get
87:32 that cross over
87:34 there the algorithm changes its state of
87:37 delivery from buy side delivery to
87:39 sell-side
87:41 delivery
87:43 oh so that
87:45 means it's going to refer to this price
87:47 it can color a little bit above it up to
87:52 how much Michael how much of a gr area
87:54 is this if it wants to trade back into
87:56 that mean threshold how do you properly
88:00 outline that you take the opening
88:05 price opening price man I should be
88:08 charging money for this if you like
88:10 what you're learning today if you're
88:11 really having a good time hanging out
88:13 with me and learning that nobody
88:14 else on this planet is going to ever
88:15 teach you the stuff that really works
88:18 that caus these markets to turn on a
88:19 dime on a time schedule that you can
88:21 predict and expect and forecast weeks
88:23 and months and years in advance if
88:25 you're having fun I'd appreciate a
88:27 thumbs up you guys got real lazy the
88:28 last few times you haven't been giving
88:30 any thumbs up I told you that's our
88:31 currency here that means that I'm
88:33 hitting the sweet spots I'm I'm touching
88:36 your G-spot I'm tickling your ass with a
88:38 feather I'm giving you things that
88:39 you've been wanting all this time I'm
88:41 delivering it and I'm doing it over a
88:43 live stream what else could you want
88:46 what else do you want you want to see me
88:48 trade you'll get it it's coming but I
88:53 got to give you the logic that we're
88:55 using so that way you can see every time
88:56 I'm doing oh it's the same he
88:57 talked about yeah it's the same stuff
89:00 all the time but this this rally up in
89:04 here
89:05 okay the body body the Wicks are what
89:08 that's where the that's where the little
89:11 like the fuzzy areas the the the parts
89:14 that like your child that colors for you
89:17 they're coloring the picture and you see
89:19 them color Outside the Lines a little
89:20 bit again I mentioned the analogy last
89:21 week you're not going to scold your
89:23 child because colored Outside the Lines
89:25 you're going to be like they signed
89:26 their little name probably misspelled
89:28 something you're going to go to your
89:30 office at work or you're going to put it
89:31 on your refrigerator at home and you're
89:32 going to celebrate it it's it's it's to
89:34 you meaningful well you're not making a
89:38 big deal about your child coloring
89:39 outside the lines so I'm not making a
89:41 big deal about my algorithm coloring
89:43 Outside the Lines by these little tiny
89:45 little nodes of erent price action where
89:48 it just goes just a little bit outside
89:50 because they're all coded
89:53 too that's where the damage is done so I
89:56 want you to focus on what the bodies are
89:57 telling you inside those bodies you want
90:01 to measure
90:02 that because the mean threshold of the
90:05 bodies in not just single candle but
90:08 because they're consecutively up closed
90:10 candles that makes the bearish order
90:12 Block it's not just the last up closed
90:13 candle before the down
90:16 move that was the Trap I knew people
90:19 would go out there and start using it
90:21 and start pretending like they didn't
90:22 learn it from me oh it's white cof oh
90:24 it's a buy demand
90:25 you have to take all of the
90:28 candles because this is the state of
90:30 delivery that was in play byy side soon
90:34 as we cross this opening price right
90:37 there that means the algorithm has
90:40 changed switched script now it's
90:43 offering sell side that means it's going
90:46 to explore lower prices is it just going
90:49 to randomly pull out of its ass and
90:51 say well you know um let's just go down
90:54 here let's go over here or think about
90:57 like this and I'm obviously being
90:59 factious and I'm being a dick right now
91:00 because I want you to understand the
91:02 fallacy in believing that there is no
91:04 algorithm that these things are just
91:05 completely random buying and selling
91:06 pressure pray tell how the are we
91:09 going from the opening price here and
91:11 we're trading up into that little range
91:13 here but we're staying below the
91:14 midpoint which is me and threshold we
91:16 are not piercing and going above that
91:18 fair value guy we stopped one tick below
91:21 it so it's like
91:25 something other than everybody else's
91:27 retail
91:29 stuff how is it that the Market's going
91:32 to reach back through all of this price
91:35 range from that high down to that
91:37 low where is it going to gravitate to
91:40 and why is it the same logic that I'm
91:42 teaching and taught millions of people
91:44 around the world they're able to use
91:46 this information and they're able to get
91:47 funded account pay out they're able to
91:49 trade with real brokerage firms not some
91:50 horeshit real brokerage firms and
91:53 getting withdrawals and paid out they're
91:56 paying taxes on their trading
91:58 wins it's not Market replay stuff
92:02 okay how is it that the things I'm
92:05 talking about and how the market will
92:07 reach back to
92:09 them why does that occur more than
92:12 anything else out there and how is it
92:14 that if if there's so many if there's so
92:18 many things in this industry that you
92:20 can use the tradeoff of and yes you can
92:22 do that you can trade
92:24 on you know
92:28 anything weather like I made fun of
92:30 yesterday the lunar cycles and whatnot
92:32 the planetary alignment all that stuff
92:35 is nonsense that that doesn't make the
92:38 market go up or down it doesn't do that
92:40 so
92:41 if there are all these different
92:45 principles and dis disciplines of
92:48 trading how is it that the
92:51 market agrees to use the theology
92:55 around Elliot wave one particular day or
93:00 um harmonic
93:02 patterns this day or Dow Theory this day
93:06 or supply and demand this day or white
93:09 off this day because they all do not
93:12 agree
93:13 folks study them I have I listened to
93:17 all that horse in my first three
93:20 years and every bit of it is dog
93:24 it's dog it's all dog squeeze it
93:28 absolutely has no bearing on what price
93:30 is going to do but it feels good having
93:32 your faith placed in something so
93:33 therefore it gives that team mentality
93:36 and that's why everybody that's outside
93:38 of my community when I teach this stuff
93:40 regardless to how precise it is
93:42 regardless of how many people are making
93:43 money with it regardless of how many
93:44 people have proven it works not in my
93:46 own hands that's not enough everybody
93:49 else that has done it and used it and
93:51 make money with it you have a huge
93:54 daunting task of proving it doesn't work
93:56 when you have such an army of witnesses
93:58 proving that it does
94:00 work but everybody outside our community
94:02 take shots at me because I'm very I'm
94:05 I'm an equal opportunity prick I'm GNA
94:07 piss in the Corn Flakes of everybody
94:09 else's stuff because it all doesn't work
94:11 because they think it works that's not
94:14 enough you can't sit out here and every
94:16 single candle use your theology and
94:18 explain why it's going to do it you
94:20 can't call your beforehand and map
94:22 it out all day long on a woman minut
94:23 Shar you can't do it you'll have a hit
94:25 and miss type thing once in a while
94:27 it'll happen but you'll Champion that
94:29 like a like a pony here's my pony show
94:32 look at this here's my one trick pony
94:34 win today but it's all together
94:36 something when you're out here over life
94:37 price action not Market replay not
94:40 hindsight you have to be able to
94:41 draw the analogies from something you
94:44 have seen work for decades that you had
94:48 a hand in that you authored
94:54 you getting what I'm putting down you
94:56 getting it are you getting
95:01 it there's nothing like this because
95:04 everything else is external to the
95:06 market I am the
95:08 market this is the actual source code
95:11 this is the stuff that goes on every day
95:15 and when they put their hands in there
95:17 and they start monkeying around with it
95:19 you have to take a step back wait for it
95:21 to go back into doing its normal
95:23 following its
95:26 scripts but we can
95:28 identify when a script is
95:32 changed remember that little uh scene in
95:36 the movie The Matrix they're inside the
95:39 uh the building and or inside the Matrix
95:41 if you will and Neo sees that little
95:44 black cat he walk he walks out in the
95:46 opening of the doorway and all of a
95:48 sudden he sees it
95:50 again and he says that's weird yeah I'm
95:53 having like a Deja Vu moment and she
95:55 because they all realized that he
95:57 noticed something and true yes it's a
95:59 movie but the analogy is the
96:01 same they said what did you see he goes
96:05 I saw a cat and then I saw it again he
96:06 goes oh they just made a change they
96:09 just made a
96:10 change that's what this is doing okay
96:14 watch what's happening the market trades
96:16 up to a level you were told to
96:17 anticipate yesterday as an upside
96:19 objective the fact that it draws to it
96:21 is one part but does it draw to it
96:24 after creating relative equal
96:26 highs failing to hit it on the 830 news
96:29 driver because I would have
96:30 preferred I would have preferred and
96:33 while truth be told while watching it I
96:35 anticipated that to hit that and I was
96:37 surprised that it didn't but all it did
96:40 was stay inside the range right here so
96:42 they left that high intact there traded
96:45 just a little bit above that one there
96:47 and right in here so what are they doing
96:49 what what are they doing and as as a
96:51 helping hand to the retail Trader well
96:55 they're giving them what they're looking
96:56 for right they're giving them resistance
96:59 so what are they going to do they're
97:00 going to try to sell short right at this
97:02 level or maybe just a little bit above
97:04 once it starts moving in their favor
97:05 because now they're convinced it's going
97:06 to go lower so where are they going to
97:08 put their stop
97:09 loss oh that's easy right above where
97:12 the books tell them right above these
97:13 highs and if it's not a good enough
97:15 point to do that the ones that are real
97:17 prudent they don't want to they don't
97:19 want to get stopped out because hey they
97:22 know enough about support and resistance
97:23 that that sometimes it goes just a
97:24 little bit above it so they're going to
97:25 be really smart and put their stop loss
97:27 right above that high there okay well
97:30 the algorithm knows that because those
97:33 highs and lows are formed by it not the
97:35 buying and selling pressure but it also
97:37 knows the that I gave you
97:38 yesterday which is the logic it's going
97:40 to go up to some random level
97:43 found in another retail idea nope new
97:45 week opening G right
97:48 there
97:49 bang then it overlaps it changes the the
97:53 state of delivery from buy side to sell
97:56 side that means every premium
98:00 array everything that could be used as
98:03 an ICT Trader smart money Concepts that
98:06 are used for
98:08 shorts anything that would prevent price
98:10 from going any higher that's what your
98:12 eyeball starts looking
98:14 for okay but you go through the
98:19 range this is where we made the high
98:21 this is where we changed in state of
98:23 delivery and now we're in a move that is
98:25 in sells side delivery that means you're
98:26 in a sell program folks that means the
98:28 Market's going lower for the express
98:30 purposes of repricing to any
98:34 inefficiency that means a fair value Gap
98:37 buy side imbalance sell side efficiency
98:39 sell side inbalance sell side efficiency
98:41 or Wick consequent
98:45 encroachment o that is so good ICT it's
98:50 starting to make sense to me
98:52 good from that High to that low we can
98:55 go back through and see everything over
98:57 here and down into that Wick where's the
99:00 pertinent useful
99:02 information now think about this think
99:05 because wof doesn't do
99:07 this supply and demand doesn't do this
99:10 La wave has no idea he's he's
99:12 still waiting for a wave he's sitting
99:15 out there on a surfboard
99:17 waiting big ICT is out here calling it
99:20 live riding the big
99:21 wave calling every little tiny little
99:26 tube going through it you can see me out
99:28 there see it see the sun glistening off
99:31 the the crest of the wave and see that
99:33 look at that I'm not even getting Sun
99:34 burned it's beautiful no
99:36 sunblock necessary I'm bringing the
99:41 Heat this guy's a character so the high
99:44 to that low you go back through all of
99:46 the price movement here okay and what
99:48 you're looking for is anything that was
99:51 offered as a discount array when it was
99:54 going up to that high it will reverse
99:56 its
99:57 role that's how I know which PD array to
100:01 use as an inversion level okay
100:06 uh if we are looking for in in here
100:08 let's say it like this see how we have
100:10 we have a gap here and we have a gap
100:12 here and we also have this down closed
100:14 candle so we have a gap inside of the
100:19 range of an order
100:21 block you have to look at that and think
100:25 okay that's something we can use as a
100:27 buy and we see it there and it was valid
100:32 there until we get to this high and over
100:35 here so this has been used there as a bu
100:40 so extending it further over here what
100:44 can we anticipate it acting as some form
100:46 of resistance in inversion okay say
100:50 order blocks they can they can invert
100:52 they can reverse their role their
100:54 characteristics can change just like
100:56 these candles here are showing you that
100:58 little glitch in The Matrix that Deja Vu
101:00 moment where Neo said I saw a cat I feel
101:03 like I saw that same cat do the same
101:04 thing and the other members like Trinity
101:07 and Morpheus and whoever else did people
101:09 I don't remember their names they were
101:10 like oh no there's a change we got to go
101:13 because they know that the agents were
101:14 in there making changes and they're
101:15 going to they found them basically okay
101:18 well what you're doing is you're looking
101:20 for these little changes in the
101:22 algorithm when price changes its routine
101:26 they're never ever ever going to be able
101:30 to change this folks I don't know how to
101:33 say it any plainer than that okay what
101:35 they can do let's let me make let me
101:37 make some Devil's
101:39 Advocates uh these little these little
101:41 okay this is what could happen but it
101:43 still do to change it it just means that
101:45 you might take a trade with this
101:46 information and then they run that high
101:48 One More Time Boom okay well you just
101:50 got stopped out that's all that's
101:51 happened to me before
101:53 it's happened you watched me do it the
101:55 other day I was showing you my trade I
101:56 knew I even told my son I said I'm going
101:59 to show my
102:00 trade and as soon as I make my stop loss
102:03 public good old fill right to the stop
102:06 and then it'll go where I want to go but
102:07 it doesn't change the fact that it was a
102:08 winning trade okay but the point is if
102:12 you get stopped out you just got stopped
102:15 out on that trans that transaction it's
102:16 just one trade that that's the outcome
102:18 of that one but you can't take your
102:20 attention and say well this means
102:22 everything's law and it never it's never
102:24 going to work so let me go find an
102:26 indicator no it just means that that
102:30 individual transaction like that one day
102:32 driving to work and you got a flat tire
102:34 you didn't know you were G to get a flat
102:35 tire is it possible you're GNA get a
102:36 flat tire sure are you going to stop
102:39 going to your job pissed off in defiance
102:42 because you got a flat tire there must
102:44 be something about that place where I
102:45 work at that guy that person
102:48 that runs that company that company
102:50 all the time and tenure I put into
102:51 it I got a flat tire them I'm never
102:53 coming back that's what you're doing
102:55 when you say um I'm going to work with a
102:58 a methodology but first time it fails on
103:00 me I'm I'm I'm done I'm looking for the
103:02 offering I'm going to change I'm G start
103:04 looking that's a system hopping and
103:06 Traders that start out in the beginning
103:08 they do a lot of that I did it I I ain't
103:11 got no shame in telling you because I
103:12 didn't know any better but when you come
103:15 here when you're listening to me I might
103:17 not be so eloquent all the time when I
103:19 speak I may not be your cup of tea for
103:21 someone to listen to around your
103:22 children okay but I'm not going to give
103:25 you I'm going to give you the
103:27 stuff that works I'm going to cut to the
103:28 bone marrow I'm going to get right down
103:30 to what matters most and you think I'm
103:33 not getting to what matters you're not
103:35 getting to the point ICT the point is is
103:36 you're gonna up if you don't listen
103:38 to everything I'm telling you that's the
103:40 point but you don't want to hear it it's
103:43 good medicine it might not taste all
103:46 that good but swallow okay swallow it's
103:50 good for you so now when cross over that
103:53 opening price we're interested in seeing
103:56 everything gravitate
103:59 lower so because I'm teaching my son
104:01 incrementally to build in these
104:04 objectives of just looking for small
104:07 little modular moves small little
104:10 modular moves let me get this off now
104:11 because we we had up here long enough
104:14 the assho on Instagram pretend to be me
104:15 with 200,000 followers whether they're
104:16 real or not I don't know I love pissing
104:18 in his face all the time so the uh that
104:22 level right
104:24 there it goes up and just
104:28 touches well it doesn't really touch
104:29 really because that's the high we were
104:31 one tick away a half a tick away and a
104:34 quarter tick away in here but didn't get
104:38 into the fair value
104:39 again it did use the breaker
104:44 here and it did qualify and prove that
104:47 that change in the state of delivery we
104:49 want to see it roll over it does this
104:52 Wick we talked about how when it went
104:53 through that the Market's going to come
104:55 right back up because it's going to use
104:58 this reference point and this fair value
105:00 Gap and this old key price level at 6 PM
105:04 the opening because there's no
105:05 difference between where we closed
105:06 yesterday at 5:00 pm that closing price
105:09 and the first print at 6 PM they're the
105:11 same price so you're just going to draw
105:12 a line like that you can annotate that
105:15 anything you want you can call it the 6
105:17 p.m. opening price no gap or you can
105:19 just say um new session start 6 p.m.
105:24 there's I don't ever have a name it's
105:25 just I draw a line okay so if I wanted
105:28 to have a name for it it'd be one of
105:30 those you can you can name it whatever
105:32 you want I'm sure it'll be in somebody's
105:33 Amazon book and they'll they'll talk
105:35 about it they won't credit me though and
105:38 then if I not if I find out about it
105:39 later on because somebody's gonna
105:40 eventually buy the book and they're say
105:42 it sounds like I said pe's and
105:43 then I'm GNA hear about it an email and
105:45 then I'm going to buy their and
105:47 then I'm going to go on their reviews
105:48 and say this is horseshit it's all lies
105:50 go to my YouTube channel in this
105:52 video and you'll see that this is where
105:53 they got it and then nobody wants to buy
105:55 your book and they call you an
105:56 and a plagiarist just like John fotti
105:58 did
105:59 so if we
106:02 see that the market it does in fact go
106:04 down to our intermediate term price
106:07 level which is what the first Target
106:10 below all the bodies see all these
106:13 candlesticks right
106:15 here so ignore this wick for a moment
106:18 okay see all that all this range ignore
106:21 that for a moment okay and sa price only
106:24 looked like it did with the bodies and
106:27 not the Wicks underneath them so the
106:29 market dropped down here all these
106:31 bodies and then we started going
106:33 up I want to Target something below
106:37 those
106:38 bodies so what PD array do I have below
106:43 them well if I use this closing price
106:46 here that's a rejection block you can
106:48 use that and I taught my students this
106:51 that's that's a level to aim for as a
106:53 partial and see if we can get to it and
106:55 then hold on to it and see if it can go
106:57 down and continuously
106:59 move but I didn't introduce every aspect
107:01 about Wicks they're learning it right
107:03 alongside of you right now today on
107:05 August 14th 2024 and live stream on my
107:07 YouTube
107:09 channel you're getting it the same way
107:12 at the same
107:14 time this Wick its consequent
107:16 encroachment is
107:18 below the rejection block so it goes
107:21 without saying if I anticipate the the
107:23 price run from here and in here going
107:28 down to this level we have to gauge
107:31 whether or not does it have the ability
107:33 to trade below it we only do so for the
107:38 wick but remember I was telling you
107:39 watch and see does the bodies confirm
107:42 that level it did right and then what
107:44 does it do it returns back to an old
107:46 area of inefficiency and that old 6 PM
107:48 opening
107:49 price these are all old friends folks
107:52 how many times have I talked talked
107:53 about those those key points they're not
107:55 they're not a Zone some in ambiguous
107:58 where what do I pick as a price in a
107:59 Zone a supply and demand Zone if the
108:02 range that creates that supply and
108:03 demand zone is 15 to 20 handles or 12
108:08 handles or eight handles which one of
108:10 those levels are important to you as a
108:12 Trader which one are you going to use
108:14 how are you going to use it for the
108:15 purposes of managing with a stop loss
108:19 see that that's why it's nonsensical now
108:22 I'm not saying some some people can't
108:23 say well you know if it's a if it's a
108:26 demand Zone just use the highest level
108:28 okay that sounds pretty good and use a
108:31 stop below plus the range of the supply
108:33 and demand Zone some percentage of a
108:35 quarter percent of it or a half percent
108:36 of it as as a stop okay that's that's a
108:38 that's a pretty good methodology there's
108:40 nothing wrong with that but that ain't
108:42 good enough for me like I I want to know
108:46 I want to know that I can put a stop
108:47 loss on this son of a and I'm
108:49 going to be in there and it's going to
108:51 take a real move they're going to have
108:53 to really come at me to take me out not
108:57 just static price action just normal
108:59 volatility that is oh it stops
109:02 yeah like yesterday when I was live
109:04 streaming like uh or was it Monday I
109:07 can't remember which one I was but I I
109:08 showed my trade and it went right up
109:10 after I said it's probably gonna go up
109:11 there and knock it out and fill with
109:13 repricing and send it down to where I uh
109:16 was aiming for it I was like I go
109:17 you ICT in front of everybody but that's
109:20 all right that's okay I still beat his
109:22 ass and I'm gonna beat you again tonight
109:25 and tomorrow and next week it's
109:26 going to be the same thing it's fun I'm
109:28 having fun with it it's
109:30 sport but it takes a real
109:33 move not just static
109:36 Randomness because if these things hold
109:39 logic that's valid then they will work
109:42 more times than they fail not just 60%
109:45 of the
109:46 time okay but the
109:49 majority of the
109:51 time the majority
109:53 of
109:56 them you can't have this degree of
110:00 precision these elements that repeat
110:02 over and over and over again without it
110:03 having some control mechanism in
110:07 play it's it's only being allowed to do
110:09 certain things and it is a facade it is
110:13 nonsense to try to make an argument that
110:17 the random buying and selling
110:19 participants of buyers and sellers
110:21 Traders at these price points that we
110:25 can see in
110:26 advance we can see this in
110:30 advance and then it books price this way
110:34 and it supports the underlying narrative
110:35 that okay yeah we moved from here down
110:38 to there the body supported it said okay
110:40 we're not closing below it so it's
110:42 rallying up did we take out the low no
110:47 did we go to the lower quadrant of that
110:49 Wick no they're still in play then so if
110:52 it's going up here why is it going
110:55 up it's going back up to an old in
110:58 efficiency and it's reverting back to
111:01 where the day
111:03 started the first print at 6 PM last
111:06 night New York local time it crosses
111:09 that again I believe it would have done
111:11 that even if that fair value Gap wasn't
111:13 there and even if this Wick wasn't there
111:15 that's something I would have expected
111:17 regardless of anything else needing to
111:19 be there that's something I would expect
111:21 because from here here going up higher
111:24 we don't have a a gap here we don't have
111:26 a a fair value Gap there we don't have a
111:28 fair value Gap there but we have it
111:30 there so let's say that this Wick here
111:33 touched this candlestick's low so
111:34 there's no fair value got this shaded in
111:36 pink okay and let's say that Wick didn't
111:39 exist say the candle stopped up here so
111:42 the only information I would have is
111:44 it's going up just to touch that
111:47 6PM price again and maybe
111:50 bump if this was the candle's body this
111:54 is your order block so it might want to
111:56 come back up and bump that again but
111:59 because we have the fair value Gap and
112:01 the 6m opening price and we had this
112:03 consequent encroachment see how there's
112:05 several layered things there so right
112:09 away you know that it's reasonable to
112:10 see it gravitate back to this because
112:12 that's the first real
112:14 thing that's that's a real level if
112:17 there's ever a question
112:20 of what's the most most likely level to
112:23 trade to when we're like like when we're
112:26 down here I'm going to air on the side
112:28 of going to that price level before the
112:31 fair value Gap because what can fair
112:33 value gaps do they can stay
112:36 open well it sounds like you're making
112:38 up no think about what I've
112:39 been teaching you if I'm short if I'm
112:42 bearish and I see a fair value Gap above
112:44 price market price and if it goes up
112:46 there what do I want to see about fair
112:47 value Gap do I want to see it close
112:50 in no I don't want to I've already
112:52 told you that I want to see the upper
112:54 half of that or some degree above the
112:56 midpoint I want to see it stay open why
112:59 why do I want to see that I want every
113:02 fair value Gap that's above my target
113:05 when I'm short and I'm and I'm still in
113:07 a trade I want to see some of those fair
113:10 value gaps stay open because that's
113:12 telling me this is so weak it can't even
113:15 go back up there and repic to it and
113:18 then then close it in but because it
113:20 does so here that's okay it doesn't
113:23 change it it doesn't strip the efficacy
113:25 of this methodology it just means that
113:27 well you know we had the consequent
113:29 apprach here we had the 6 PM price that
113:34 acts just like a a new day opening Gap
113:36 but because there's no Gap there you
113:37 just use a 6PM opening price you don't
113:39 use the 5m you use the 6m why because
113:42 that's the first print so the algorithm
113:45 is going to go right back to
113:47 that if there's no
113:49 Gap you're focusing on whatever the 6
113:52 p.m there's no confusion there is it is
113:55 that complicated no whatever that 6 PM
113:59 price is that's what you have annotated
114:01 on your chart you can annotate it any
114:03 way you want I just chose to use this
114:06 again I don't have this stuff on my
114:08 chart it's only for the purpose of
114:10 teaching my son
114:12 here all these levels are in notation
114:15 form like writing it down a little like
114:19 9x5 yellow pampl like like little
114:22 I buy them from uh Office Depot you get
114:25 like 12 of them in in a bundle and every
114:28 day I write the date and I write down um
114:30 I'm looking for a sell program looking
114:31 for a buy program based on what I think
114:33 is likely to happen for the scenario and
114:36 then I write down any PD array that's
114:38 going to be useful to me what their
114:40 price is and the time so I'm writing the
114:42 time and the PD array with the price so
114:45 I have it in numeric format and labeling
114:49 on my notepad and my chart is completely
114:51 naked
114:54 it's it's actually harder for me when I
114:57 have all this stuff on the chart
114:59 because I end up spending more time
115:02 talking or paying attention to the
115:04 things I'm annotating for you as a
115:06 student learning and it distracts me
115:08 from watching the actual price action
115:10 especially over a live stream where I'm
115:11 communicating I'm teaching I'm lecturing
115:13 over something and it it kind of like
115:15 takes my my time and and focus off of
115:18 the real time candle so this month of
115:21 August is's a lot of this type of stuff
115:23 going on but once we get through August
115:25 and September I'm just going to be
115:27 talking about what the individual
115:28 candles are happening at the moment and
115:30 where they may gravitate to and all this
115:31 other stuff this this you the supported
115:34 commentary and and things that I feel
115:36 that's necessary as I go along I I want
115:40 to be speaking only about every
115:41 individual candle that's forming so that
115:44 way Caleb can watch and see what I'm
115:46 thinking about every Candlestick as it's
115:48 forming which brings me up to the point
115:51 of uh
115:53 uh Al Al
115:55 Brooks I am not teaching Al Brooks stuff
115:58 and Al Brooks doesn't use any of this
116:00 stuff either okay um I talked to Tom
116:03 hugard who is a student and fan of Al
116:06 Brooks and he himself said that there
116:08 there's no there's no comparison it's
116:09 totally absolutely not the same thing so
116:12 that that's the new flavor of the month
116:14 where they're saying now I I took his
116:15 stuff because Al Brooks apparently
116:18 teaches you know reading price action
116:20 one candle at a time he ain't reading it
116:22 like this I'm a I'm a new language that
116:25 everybody's learning okay I'm not
116:26 Reinventing the wheel I'm not
116:28 transcribing and translating something
116:31 somebody else did this is a whole new
116:33 science we're we're evolving okay we're
116:36 Way Beyond everything else but if you
116:39 want to collect that $5 million go
116:41 through his stuff and see how everything
116:42 I'm teaching ain't there do your best
116:46 because it's either is or there isn't
116:48 and there ain't nobody out there that's
116:50 like
116:50 me but you go through all of these PD
116:54 arrays anything that has a gap and we
116:57 were talking about this one over here
116:58 and you have a gap right there so you
117:00 have an order block and a fair value Gap
117:02 so if I ever have a fair value Gap and
117:03 Order block that's inside the range
117:05 meaning that see the high of that candle
117:07 the down close candle the black one and
117:09 you have this candle as low that's
117:12 that's basically the same range this Gap
117:15 is inside of the of the bull shoulder
117:18 block so what am I going to refer refer
117:21 to am I going to label with The Gap
117:23 levels or I going to use the order block
117:25 I'm going to use the order block okay so
117:28 I'll use this range here and what you do
117:29 is you take this this is how you do
117:33 [Music]
117:39 it all right so initially when we went
117:41 down below the opening price on this be
117:43 shorter block Chang in the state of
117:45 delivery so that means your mind turns
117:47 to okay the Market's going to just keep
117:50 offering lower prices it's going to have
117:52 little retracements it's going to have
117:54 little pops up higher but they're going
117:56 to be shortlived they're going to be
117:58 very controlled they're going to be
117:59 stunted they won't be allowed to be
118:02 really protracted to the
118:04 upside and then once it gets to a level
118:06 that I'm teaching you that the market
118:08 refer to which is a premium PD array
118:11 everyone that forms as the delivery is
118:14 unfolding they're Salient too but if
118:18 there isn't an inefficiency in the price
118:21 run going lower as it drops whereas we
118:23 end up creating one here see that fair
118:24 value Gap that we've been talking about
118:26 that's the first fair value Gap this
118:28 small little one in here I wouldn't care
118:30 so much about that and the reason why is
118:31 because it's still inside of the range
118:34 of the order block that we extend over
118:37 here so this was used as a buy we can
118:40 see that here and then when we went into
118:43 a sell program now the Market's going to
118:45 start going lower at this time so the
118:48 market goes up we watch to see does it
118:49 want to get in its fair value G remember
118:51 what I was saying when watch the stream
118:53 you'll hear me say I'm interested in
118:54 this one I want to see I want to see why
118:58 am I saying that because we're inside of
119:00 a
119:01 breaker and it might be enough just to
119:03 Simply do that trade into the breaker
119:06 and not go up there and it's actually a
119:08 good thing for you to see where trying
119:10 to be very very precise and you having
119:12 limit orders as your entry mechanism you
119:14 may not get a fill so what do you do you
119:16 use the price delivery continu on Theory
119:18 it means okay your time frame on a one
119:20 minute basis here suggest that you this
119:23 is where you're trying to get in at but
119:24 if it starts to run without you do you
119:26 just say it I'm going to start
119:27 trading oil today then I'm not thinking
119:30 like that I used to as a 20-year-old
119:32 when I missed my only setup that I was
119:34 anticipating stalking and hunting if it
119:36 didn't if it didn't give me a fill and
119:38 it ran away without me I was like okay I
119:40 missed the whole thing and I'm looking
119:41 at moves that would be like $8,000 in
119:44 the bond market okay that's that's eight
119:48 full
119:50 handles they're they're trading $1,000
119:54 per handle so to see a whole 100 Point
119:58 move okay just going one contract that
120:02 type of movement would literally be
120:04 $1,000 it's
120:05 $32.25 $31.25 per tick okay so a full
120:10 run like that and if it's eight of those
120:13 that's a $8,000 move and a move like
120:16 this in the bond that means I'm probably
120:18 missing out on
120:20 $300 four less than $500 I I've missed
120:24 it so therefore I'm not interested in
120:26 those $7,500 that could still be taken
120:29 in my mind when I first started as a
120:30 Trader this is probably what most of you
120:32 feel this way too oh well I I need to
120:34 know how to find these because I I see
120:36 it happening and then I miss the
120:38 move or I chase it and I don't know when
120:40 to get in I put my stop loss in the
120:42 wrong place or I get scared out of it I
120:44 just keep losing even though I'm right I
120:45 know where it's going I'm watching your
120:48 live stream you're pointing to where
120:49 it's going and I'm taking trades even
120:50 though I tell you not to do that
120:52 because you're learning fear anxiety
120:55 because you don't know what I
120:57 know and just because I'm highlighting
121:00 something doesn't guarantee it's going
121:02 to happen and if you're trying to pass
121:03 funded accounts and trade in 15
121:05 contracts because they say that you can
121:06 afford to do so you can still do it
121:08 wrong and be right in your direction
121:10 that's very
121:11 frustrating and you're not going to
121:13 blame yourself for breaking the rules
121:14 you're going to say I'm an and
121:15 this stuff doesn't work but you sit down
121:17 with me and we'll see that you didn't
121:19 listen I've had students that tried to
121:22 do that show me your log book show
121:24 me what you've been doing show me your
121:26 trade entries and show me why you got
121:27 into that trade soon as that
121:29 question comes up the conversation ends
121:32 because they know they don't
121:34 listen just like I didn't listen when I
121:36 first started codifying rules around
121:38 these ideas I tried to make excuses for
121:41 well I'm G to try to be outperforming
121:43 these rules I'm better than
121:45 this okay and I never established a a a
121:49 a
121:50 baseline to trust initially so I had to
121:53 force myself to go through that stuff
121:55 and you have to do the same thing and
121:56 I'm forcing cayb to do that as you can
121:58 see he's not getting an easy way he's
122:01 getting the Woodshed just like all
122:03 of you do there's a lot of things and
122:05 you have to figure out where your model
122:08 is in all of it and you don't need to
122:09 have every aspect of what's available to
122:12 me as a creator of this
122:15 stuff you just have to have little
122:17 compartmental compartmentalized segments
122:20 of price movement that make sense to you
122:22 that's logical it's reasonable to
122:24 anticipate forming at the time of day
122:27 that it should behave that way so at
122:30 this point at this point we start
122:32 looking for every possible reason for
122:33 price to trade down well this area here
122:36 with the order Block it's it's in close
122:38 proximity to where the start of the move
122:39 would be so are you going to have that
122:41 on your chart and have all that much
122:42 interest to it
122:43 no you do want to see it trade below it
122:47 which it does here so at that point I'm
122:51 not interested in that one so what's
122:53 below what's below that we have this Gap
122:57 right in here which was already used yes
123:02 [Music]
123:07 watch this is all trading inside the
123:09 range
123:11 okay I'm going to change the color this
123:13 a little
123:14 bit well actually a lot would
123:17 be the uh this is your Gap here which it
123:21 trades down to it here why is it trading
123:24 with that little I call a mohawk where
123:26 it colors outside the line why is it
123:28 doing that because there's an overlap of
123:31 that candle's Wick and that candle's
123:33 body so that's a balanced price range so
123:35 it's just validating that it's a stops
123:38 like a like a like a you will not pass
123:41 you not go any further okay and that's
123:43 why that little Mohawk stops there um
123:45 90% of the Mohawks that I anticipate
123:48 where the market trades this outside of
123:49 a PD array I can see them I can
123:51 anticipate there's logic behind of them
123:52 I'm not going to teach you all that
123:53 stuff and that part won't be in the book
123:55 okay so I want you to know that there's
123:57 a lot of things I'm not going to teach
124:00 because I'm just not going to do it and
124:01 I don't give a who asked them
124:03 twists my arm and calls me before them I
124:05 am not teaching it done okay so you can
124:10 see how the market uses this fair value
124:12 gap which becomes what now let's say
124:15 okay let's say that
124:17 you are a fan of the concepts that I'm
124:20 teaching and you really are resonating
124:23 with them and maybe some of the things
124:24 I'm teaching it just doesn't jive with
124:26 you you're like ah I can see when you're
124:27 put up but I would all that okay don't
124:30 beat yourself about up about it what are
124:32 you noticing in price action what do you
124:34 see because when last year on Twitter
124:36 spaces when I was teaching the concept
124:38 of inversion fair value Gap not every
124:41 fair value Gap becomes an inversion fair
124:42 value Gap by the way okay and there's a
124:44 young man out there that's very
124:45 overzealous about inversion fair value
124:46 gaps and he almost implies that he
124:49 created himself but
124:52 I understand your enthusiasm and you're
124:55 zealous but not every fair value Gap
124:58 becomes an inversion fair value Gap okay
125:00 but if you didn't know the logic that
125:02 I'm teaching today about the Wicks okay
125:06 if I didn't teach that and you didn't
125:07 know anything about it and there wasn't
125:09 this Gap here in the pink say that
125:11 didn't ex exist in this price time right
125:14 here and there wasn't a sixpm opening
125:17 price that we would referenced anyway
125:19 and say that was the case and that we
125:21 still
125:22 started retracing here what would we be
125:25 using
125:26 then that Gap extended over becomes what
125:29 inversion fair value capap and what
125:32 would we want to see with that logic ICT
125:36 tell me something that you didn't change
125:38 and change the logic around it's got to
125:40 be consistent because if it's changing
125:42 you're bullshitting everybody and I'm
125:44 getting lucky over the live price action
125:46 that's what it sounds like okay to some
125:47 of you that's exactly what you think but
125:49 listen what I have said many many times
125:51 times if this is the gap
125:55 here to here extended
125:59 over look at that little square right
126:01 there that's the
126:03 midpoint that's consequent encroachment
126:05 of what that Gap that is now going to be
126:09 expected to be what an inversion fair
126:10 value Gap do we want the inversion fair
126:13 value gaps to close in
126:16 entirely in other words if it trades up
126:19 to the low of it do we want to see it
126:21 trade all the way up to the top and
126:23 touch that no why because every
126:27 inefficiency if I'm short and it's
126:29 trading back up into it I want to see
126:32 the upper half or some portion of the
126:35 the upper half of it stay
126:38 open I want to see that why because I've
126:41 been talking about it since last week
126:43 every
126:45 array that is an inefficiency if it's a
126:49 gap if it can't fill the gap entirely
126:52 and I'm short and it trades up here and
126:54 leaves a portion of it open that is
126:56 telling you the clearest loudest way to
127:00 say this Market is not going up it's
127:03 weak so start looking for lower targets
127:06 it's going to go
127:08 lower is that a hard complicated thing
127:11 no am I changing the theory around it no
127:15 is it manifesting itself here yep so it
127:19 doesn't matter if you don't have the six
127:21 PM it doesn't matter if you didn't have
127:23 this fair value Gap and it doesn't
127:24 matter if you had this Wick here if you
127:27 didn't have any of those things once it
127:28 started coming down we're in a sell
127:30 program I would be extending these
127:32 things over here that's what I use with
127:34 Market maker sell and buy models that's
127:37 that's how you're using them you go back
127:39 through the range okay back on baby Pips
127:42 I I start I was going to start leading
127:44 myself into some of these lectures but
127:46 not to the degree I ended up dealing
127:47 with a paid
127:48 mentorship I never intended to teach all
127:50 that stuff but it became fun revealing
127:54 more and more and more and I got
127:54 addicted to everybody's astonishment and
127:57 I got whipped up in my frenzy of it and
127:58 just it was fun but just know that there
128:01 there there's a limit to how far I'm
128:03 going to go with it all but there's a
128:04 lot more that I'm going to share but in
128:07 here going back from here to that low I
128:10 did a lecture on baby Pips it's called
128:12 Uh trading inside the range and I
128:14 started to teach the beginning elements
128:18 to some of these principles and at the
128:21 end of
128:23 lecture I actually had anxiety about
128:25 having done it because I I I didn't feel
128:28 comfortable revealing it I just I didn't
128:31 I didn't feel comfortable doing it and
128:34 it took time you know putting my toe in
128:36 the water to see what would happen if I
128:38 revealed a little bit more and revealed
128:40 a little bit more and revealed a little
128:41 bit more and over the years you know
128:45 it's it's a lot out there now but I had
128:48 to make sure that I have a language that
128:51 I can lean on as this is what I'm
128:54 teaching this is what I'm
128:56 showcasing this is this is that okay but
129:00 there's nothing else out there in retail
129:02 that this is what it's replicating or
129:04 duplicating or barring the logic of and
129:08 believe me $5 million is a nice chunk of
129:10 change and if it was possible to be able
129:12 to say that this stuff is renamed
129:14 rebranded you know called something
129:18 different thousands of you would have
129:20 came forward with it and it's not
129:21 happened so there there you go there
129:23 there's your obvious testimony that
129:24 anybody that says that are just paring
129:26 other people or they're trying to sell
129:28 something and they're trying to just
129:29 take the attention and momentum around
129:31 what it is I'm giving to the community
129:33 because they want to sell their
129:35 hey I understand Gres are
129:37 expensive but you go back through all
129:39 that
129:39 range and you start looking for where it
129:43 acted as support where it was discount
129:45 where it sprung price higher like a
129:48 trampoline when you start going down
129:51 because you're in a sell program why
129:53 because he has a change the state of
129:54 delivery here everything starts seeking
129:57 lower prices it's not just simply well
130:00 here's the support let's just go there
130:02 that's not that's not enough for me
130:04 because how will you if you're here and
130:09 you expect it to trade down it's not
130:10 going to do that in one shot can it do
130:12 it sure it could it could have a big
130:14 candle just fall out of bed and go down
130:16 there but you won't be able to trade
130:18 those kind of environments anyway just
130:19 like this kind of day is or this kind of
130:21 kind of individual Candlestick you can't
130:23 trade the PPI and the CPI number you
130:25 can't enter those candlesticks and many
130:28 of you probably are discovered that you
130:29 can't even use the paper trading
130:31 platform on trading view when you have
130:34 these big reports because they're
130:36 lagging like there's there's no you
130:38 can't even do anything with it so which
130:41 is kind of a good thing because you know
130:43 that keeps a lot of The Fakes out there
130:44 from saying look you know I did 50
130:46 contracts on this on gold and look where
130:48 my fill was you didn't get filled on
130:50 that so so you go back through all
130:52 of this price range and then you have
130:54 this Gap here so let make make a
130:56 notation of that one you have that and
131:00 look where the bodies are stopping in
131:01 there see that yeah we go up into that
131:03 fair Val Gap because it's there so every
131:06 new array that forms that means any
131:09 short-term High any bearish up closed
131:12 candle which is an order
131:14 block any Gap like a fair value Gap all
131:18 of them have to be referenced
131:21 my attention every time it forms a new
131:23 one in the new cell program they're most
131:27 important to
131:28 me if they agree and they converge with
131:32 something inside of the buy side of the
131:34 curve which means while it was going up
131:37 if it matches then there's going to be a
131:39 lot of weight associated with that and I
131:40 expect price to remain heavy you ever
131:42 notice what I'm talking about um in in
131:45 trades where I'll comment and say I'll
131:46 type it out and say I I want to see
131:48 speed and distance or I want to see
131:50 large range candles those are
131:53 indications in my mind because I'm
131:55 seeing things like this where okay
131:56 there's a fair Val Gap over here that
131:58 acted as something bullish how do we
131:59 know that because look what it did here
132:01 traded down to here and then repelled
132:02 price higher okay that's not support and
132:05 resistance it's the logic that that
132:07 inefficiency stayed open you see that it
132:10 didn't complet completely come down to
132:11 that candle's low or that high that
132:13 candle which is the low of that fair
132:14 value Gap that's what you want to see if
132:16 you're going to try to buy a fair value
132:18 Gap and the Market's bullish and you're
132:20 and you're right you think the Market's
132:21 going to trade to you're buying the fair
132:24 value gaps high or something just above
132:27 the consequent encouragement because the
132:29 likelihood of you getting at consequent
132:30 encouragement or just below it and being
132:32 filled is very
132:34 small can it happen absolutely if you do
132:37 you'll have one of the best
132:38 entries and that's the one you can go on
132:40 Instagram go on Facebook put
132:42 advertisements out and say I'm selling a
132:43 course look at this I learned this
132:44 that's the ones everybody wants
132:46 a dog and pony
132:48 show but it's a steady diet even if in
132:51 my own hands I don't get those types of
132:53 fills so I have to use a very low
132:56 threshold of Entry that means I'm going
132:59 to use the easiest barrier to break
133:01 through I'm going to use the high of a
133:03 fair value Gap that that's going to act
133:04 as support for me I'm going to buy that
133:07 discount array at the the high of the
133:10 fair value Gap or one tick below the
133:13 highest part of it and I'm going to try
133:16 to get my largest portion on there if it
133:19 trades to the midpoint of a fair value
133:21 Gap and I'm bullish I'll add on another
133:24 portion and I'm not afraid of it if it
133:26 leaves that fair value Gap and comes
133:28 back down one more time test of the
133:29 consequent encouragement I will add to
133:31 that trade
133:33 again and if you look at my trade
133:35 examples they're all over on Twitter the
133:37 ones that don't have I put songs in
133:40 there because I I like I like I love
133:43 music okay and the trades that I'm
133:46 taking at the time I I like to use a a
133:49 song that I was listening to
133:51 and because I would take the the trade
133:53 and condense it by by speed because you
133:55 only had to have I think it was like one
133:57 minute and something over there on
133:59 Twitter used to be that was the timeline
134:00 I had to or time limit it had on on the
134:03 videos I thought I was safe by using the
134:05 music over there but I don't sell like
134:08 engagements over there like I didn't
134:09 make money by having people watch what I
134:12 do like I didn't monetize that over
134:14 there but the artists would obviously
134:16 you know put copyrights against me and
134:19 they take the videos down that's why I
134:20 told everybody when I was on Twitter I
134:22 said if you like these things download
134:24 them because I was always getting uh
134:26 suspended on Twitter last year and year
134:30 prior because the artist or the the
134:34 management company that holds the rights
134:36 for their songs uh they were making me
134:39 or making Twitter or xmail removed the
134:41 video because it had a song in it to me
134:44 that's a thick move because I'm not even
134:45 monetizing it like I'm literally giving
134:47 the credit to the author of the song and
134:49 I'm a fan of it and
134:51 is just me just doing something with no
134:54 money I'm not making money off of that
134:56 but uh I get it I understand but the uh
135:00 the the rights holder or the artist was
135:03 having a lot of those videos taken down
135:05 I haven't been on Twitter I haven't been
135:06 on X I haven't even logged in I don't
135:08 even know what's going on I don't know
135:09 if the account's still active or not but
135:12 uh I
135:13 know last year I was telling everybody
135:15 that they were putting copyrights
135:17 against me and they were they were
135:19 literally removing the videos I wasn't
135:21 deleting trade execution videos I wasn't
135:23 trying to hide something I told
135:24 everybody to download them so but if you
135:28 have them or if you have the ones that's
135:29 still up there if you look at them
135:32 you'll see some of the things I'm
135:33 talking about here that's what I'm using
135:35 when I'm trading when I'm pyramiding uh
135:37 entries for instance let's just say that
135:41 I wanted to sell
135:43 short when we ran above these highs in
135:45 here and traded right in there as a bold
135:47 face bullish candle selling short right
135:49 there that is is a turtle suit why
135:53 because it's clearing these highs it's
135:54 clearing this high and it's trading into
135:56 a premium array and it's been going up
135:58 since last
135:59 week so it's reasonable to anticipate it
136:02 to do
136:04 what retrace and challenge
136:08 what the consequent corion of that Wick
136:11 because it didn't do it here so we've
136:13 pushed and pushed and pushed and push
136:15 push we had two real high impact news
136:16 drivers yesterday and today it's
136:19 Wednesday hump day we're we're in here
136:22 reaching for a market level that I gave
136:26 to you yesterday and we we watch it
136:29 break down I would not have been
136:31 filled on any entry here at all because
136:36 I would have had a limit order right at
136:38 this candles High plus one tick that
136:41 that's how I would have used it and it
136:43 you watch and see me in the live stream
136:45 here I said I'm interested I'm watching
136:47 this to see if it wants to get up in
136:48 here because I'm not going to execute
136:50 today not not yet I will be executing in
136:52 front of you you want to see this stuff
136:53 being pushed on a button I'm going to do
136:54 that because I want my son to see how to
136:56 enter orders how to place a stop when
136:58 the mood to stop I'm gonna be doing all
137:00 that stuff I'm not afraid of that stuff
137:02 okay but I'm not going to be doing it as
137:03 a service okay I'm not gonna be out here
137:06 you doing a dog and pony show every
137:08 single day because every time dick can
137:09 here has a $5 doll men mentorship is
137:11 going to duplicate what I'm doing
137:12 they're going to literally say what I'm
137:14 in my charts doing and anybody is not
137:16 watching me in another world third world
137:19 nation they're going they're going to be
137:20 like this guy is smart but all they're
137:22 doing is paring off of what I'm doing so
137:24 that's why I'll be using the 15-second
137:26 chart because even though there's a the
137:27 smallest delay in latency between me
137:30 doing this live and you getting
137:33 it that's the way I'm going to combat
137:36 that that's the only way I can combat it
137:37 because everybody wants to duplicate and
137:39 copy everyone that's hot and popular and
137:41 this old man still got some some spice
137:44 in this stuff so everybody that wants to
137:47 you know rip somebody off they're doing
137:48 it mostly off of me
137:51 but you'll see all the entries and stuff
137:52 but I have to give you the foundations
137:54 because it's really meant for my son and
137:57 then when I start showing him how to
137:58 enter the orders where I put the limit
138:00 order in where I place my stop loss and
138:02 yes it's important to use a stop loss
138:04 not like put a trade on hope it moves
138:06 around and then put a stop loss on
138:07 screenshot it when it's in in profit no
138:10 look at my executions I'm picking a stop
138:13 loss and look how nice they are those
138:15 stop losses have logic behind them just
138:18 like I'm explaining all these things in
138:19 here they have very specific elements
138:23 that cannot be explained in a 5minute
138:26 sentence or video there's so many
138:28 supporting things that have to go along
138:30 with everything that makes these things
138:32 work which is why I tell everybody it's
138:35 going to be expensive you want it to be
138:37 fast and easy and I wish there was a way
138:38 to do that I wish there was a way to do
138:41 that but you can see that it's not
138:43 something that is explained right away
138:45 in one statement and you have everything
138:47 to know about it and you don't ever need
138:49 to revisit or even worry about practic
138:50 ing studying it you now know what an
138:52 order block is because guess what it's
138:54 the opening price if it's multiple
138:56 candles just find the opening price of
138:57 the of the up close candles that's a
138:59 change in the state of delivery they're
139:01 going to write a book they can't trade
139:02 it they won't be able to do it they
139:03 won't even be able to sit over a live
139:04 price action and explain to you why it's
139:06 going to
139:08 happen but I'm telling you how to do
139:11 this stuff so that way once you learn
139:13 it and you digest all the information
139:16 I'm supplying to you because again I'm
139:20 not talking to the guys on Twitter I'm
139:22 not talking to guys on Instagram I'm not
139:24 talking to other people on YouTube I'm
139:26 talking to my son so I want him to know
139:31 everything I don't want to say to him
139:33 I'm going to give you a condensed
139:34 version and filter out a lot of the
139:36 essential parts that's really going to
139:37 make it easier for you when you have
139:39 adversities trying to use it you're
139:41 going to know it like the back of your
139:42 hand that's how I teach I'm teaching my
139:44 children how they know it like I know it
139:47 everybody out there that has my logo in
139:49 their and trying to sell the idea
139:51 that they know how to use this
139:52 information sometimes they they can use
139:54 it sometimes they can't when they talk
139:56 about certain subject matter that I know
139:58 they don't know because I haven't fully
139:59 taught it that's what gets on my skin
140:02 but that's also the reason why I'm
140:04 teaching in Great Lengths because I
140:06 talking to my children I want them to
140:09 know every aspect that means if you
140:12 listen to the dialogue of everything I'm
140:14 saying I'm giving you what you don't
140:16 realize is going to be a problem you
140:18 don't know yet because the question
140:20 didn't come up in your your development
140:22 or your testing of it yet you haven't
140:24 even messed around with it in lie price
140:25 action you haven't con you haven't
140:27 investigated any of this yet you're just
140:29 hearing me talk about certain things and
140:31 you think well I understand how to do
140:33 that no you don't you don't know how to
140:36 do it you just know what I said and
140:39 that's not the same as going out and
140:40 being able to understand how to read it
140:42 in the new price action that's going to
140:43 form
140:46 so when I get questions saying how do I
140:49 know what fair value get to use I'm I'm
140:52 teaching that to you here
140:54 today how do I
140:56 know how to trade the market maker sell
140:58 can you talk about Market maker sell
141:00 models and buy models everything I talk
141:03 about is part of that even if I don't
141:06 even mention it if I never mention those
141:09 terms Market maker sell Model Market
141:11 maker buy model every aspect of what I
141:13 trade off of is part of either a market
141:15 maker sell or a market maker buy model
141:17 it's always there but because and when I
141:19 taught that lesson
141:21 go into the lectures okay they're on the
141:23 mentorship videos go in the playlist go
141:25 into the 2017
141:28 mentorship and you'll see me talk about
141:31 Market maker buy models and sell models
141:32 and I talk about the buy side of the
141:35 curve and I talk about the sell side of
141:37 the curve okay when the buy side of the
141:39 curve is unfolding that means it's buy
141:41 side delivery that means down closed
141:43 candles or fair value gaps that get
141:45 traded down into should Supreme
141:48 trampoline push price higher
141:52 once we turn to a point where it should
141:54 reverse or could reverse which is in
141:56 essence a turtle suit environment turtle
141:59 soup is a reversal
142:02 mechanism this is a change in the state
142:04 of delivery turtle soup and then you
142:07 have a turtle soup that is a entry
142:10 mechanism that's part of an existing or
142:12 unfolding cell or buy program what does
142:15 that mean what what does that mean that
142:18 means that this is a chain
142:21 in a directional price run that's going
142:23 to most likely be sustained for a
142:25 session or day or
142:28 longer the turtle soup aspect is we're
142:31 taking out the liquidity Above This high
142:32 and all these highs here so the the buy
142:34 stops that's resting in here for anyone
142:36 that wants to go short or be short if
142:38 it's not there it's definitely above
142:39 there but how far ICT well that's the
142:42 reason why you want to have these new
142:43 week opening gaps and new day opening
142:44 gaps on your
142:46 chart five weeks for new week opening
142:49 gaps five days days for New Day opening
142:51 gaps you are welcome and I encourage you
142:54 if you can organize your charts
142:56 sufficiently to do more than that but as
142:59 a baseline to start with you'll see many
143:03 really really nice trade setups using
143:06 that criteria five for end dogs five
143:09 days for end dogs basically and then
143:11 five weeks for uh new week opening
143:15 gaps and
143:18 logs it doesn't sound right it's dog
143:20 sounds cool it's like yeah BL what's up
143:22 indg yeah what's Up's n dog give me
143:24 fiveo that's that's cool NW kind of
143:27 sounds like an Ewok something
143:29 wrong with that guy something wrong with
143:31 him but the information that it gives
143:33 you okay that information is gold
143:36 because it the markets are going to do
143:38 what with them they're going to act as
143:39 magnets so if you have one element of
143:42 Turtle suit that is a change in the
143:43 state of delivery that causes a
143:45 directional change that's going to be
143:48 sustained okay that's a reversal
143:51 pattern then you have Turtle soups that
143:53 are entry techniques that are part of an
143:56 existing price run that's still yet to
143:59 be completed meaning that we can look at
144:02 all the run from here down to this low
144:06 here in anything that sees a short-term
144:09 High
144:11 pierced not just by the
144:13 wigs not just by the Wicks the
144:18 bodies that's why I'm not
144:22 teaching uh Linda rash and Larry
144:24 Connor's uh Turtle suit this right here
144:27 is not that pattern either go go look at
144:31 I'll tell you in in in a very simplistic
144:34 way the book Street marks has a pattern
144:37 there's two of them there's turtle soup
144:39 and there's turtle soup plus
144:40 one and all it is is they look for a
144:43 20-day high and if it trades above a
144:45 20day high they will fade that and go
144:48 short and they have a very short
144:50 profit objective it to me it's infantile
144:53 it it really doesn't make any sense but
144:54 if for short-term trading like getting
144:57 in getting out real easy no brainer type
144:58 things you know if if it's going to fail
145:02 at a 20-day high or low and I don't
145:03 trade this folks like I don't trade that
145:05 pattern there's got to be something else
145:08 but for that book that's all they had
145:09 and then there's 20 20 days plus one
145:12 which is basically the same thing just
145:14 one more day and reverse it they look at
145:17 an old 20-day what's the lowest low in
145:18 the last 20 days if it go goes below
145:20 that they're going to buy that well
145:23 that's not enough information for me and
145:26 just as well as they try to capitalize
145:27 with the name which is really clever um
145:30 they try to capitalize on the low hit
145:32 strike rate of the turtle traders that
145:34 Richard Dennis trained because he used
145:36 that 20-day breakout system they would
145:38 buy 20-day highs and when it was a
145:41 long-term Trend it would just keep on
145:42 going and they would make their money
145:44 there but they had a lot of losing
145:46 trades that the 20-day High breakout
145:48 would fail and it would go back into the
145:49 range and stop them out so they had a
145:52 very very low strike right if my memory
145:53 serves me right it was less than 38%
145:56 accurate so how many how many times you
145:59 going to stay with a trading system that
146:01 has that low of a success rate chances
146:03 are you're not you all think you're
146:05 going to get 98% and all that
146:07 that's not going to happen for your
146:09 first couple years you should be tickled
146:11 to death if you're less than 50%
146:14 accurate and you're still profitable
146:16 that's a huge Olympic win because most
146:19 people can't even get that
146:21 you can be profitable and have a very
146:22 low strike rate but it takes the the
146:25 mindset of understanding that it's about
146:27 making money it's about staying solvent
146:30 it's about following rules and not
146:32 blowing the account but it's so easy to
146:35 go on tilt and lose sight of what it is
146:37 you're trying to do and lose sight of
146:40 these these building blocks these
146:42 Stepping Stones to okay well this is
146:44 this is what I'm going to use and if
146:46 that one transaction fails it's okay I'm
146:48 going to go back tomorrow and I'm going
146:49 to wait for these things they be there
146:50 again and I'm not risking a lot so Caleb
146:53 can do every execution when he starts
146:55 trading but he can't risk more than
146:58 1% but with Turtle soups that are part
147:00 of existing price run not a change in a
147:03 direction like we have here you have
147:05 turtle soup entry mechanisms for your
147:08 your your trades well can you think of
147:10 one without having to go on to any
147:14 detail further right at this moment I
147:15 want you to think about it for a second
147:17 what did you learn from me thus far
147:19 maybe in this
147:20 mentorship this year maybe it's in other
147:22 lectures and things I've had on the
147:24 YouTube channel or maybe I talk about it
147:26 in Twitter space when I was on Twitter
147:28 but
147:29 what what concept do you think would be
147:33 an
147:35 example one example of a turtle soup
147:38 that's an entry technique in a trade
147:41 that a existing Trend or momentum or
147:44 sell or buy program is underway with can
147:46 you think about that
147:52 what do you think it
147:57 is it's too strong for in
148:01 drill how about
148:03 that we have
148:05 that in the form of we have a old high
148:09 here see that why is this High being
148:12 utilized anyway because it's a fair
148:13 value
148:15 Gap every time I go into a short on a
148:19 fair value Gap or if I go long on a fair
148:21 value Gap my mind is I'm trading in
148:24 inefficiency with a mechanism of
148:25 entering with a turtle suit so I'm
148:28 buying below an old low so if I'm bu
148:32 like for instance I didn't take this
148:33 trade so just for full full disclosure
148:35 let say that I was seeing this at the
148:38 time okay and I want to take a trade and
148:41 I want to be a buyer I'm going to
148:44 use come
148:47 on this Candlestick here the high why am
148:50 I using that remember what I was talking
148:52 about earlier look at the wick it's
148:56 overlapping inside the top end of that
148:58 Candlestick that makes that small little
149:01 I'm G have to zoom
149:10 in I know you guys can zoom in on your
149:14 YouTube but I I want to really get in
149:16 here and kind give you the brass TX to
149:18 this because if I'm going to teach I'm
149:19 going to
149:20 right so we have this Candlestick run up
149:24 and then we have this portion where we
149:27 opened and traded down you might look at
149:29 this and say well why don't you have
149:31 this and
149:33 this that's something entirely different
149:35 that's a that's is this is a normal
149:38 run-of-the-mill ICT fair value Guy this
149:40 is this is what you get when you watch
149:42 one video and you think you know
149:43 everything about it you don't just like
149:46 when I teach a volume IM balance okay if
149:49 I teach you
149:50 to use a volume imbalance when there's a
149:53 fair value Gap in formation that means
149:55 that there's a there's a separation
149:57 between one candle body and another
149:59 candle's body that is inside of the fair
150:01 value Gap we don't have that here but
150:04 what do we what do we have we have an
150:06 overlapping of this candle's high it's
150:09 all body and then we open we trade down
150:11 it overlaps this little portion in here
150:13 but there's no Wick there you see that
150:16 big Telltale sign what's occurring there
150:19 it's
150:20 flush and one little tap down so and I
150:23 highlight this I'm highlighting that
150:25 you're thinking I guarantee you I
150:26 probably got comments right now and
150:27 they're probably gonna go in there and
150:28 delete it now they use my most recent
150:31 post on my community post uh you're
150:32 drawing the fair value got wrong no
150:34 you're not you don't know what the
150:35 you're talking about this is how I would
150:37 classify this inefficiency but I have to
150:40 encapsulate it here because this is a
150:43 balanced price range between this low
150:45 and that candle's high that is a PD
150:47 array that you've never learned before
150:48 it's the first time I'm introducing it
150:50 just like when I introduced the the
150:51 Inception of the volume imbalance when
150:54 there's a gap the fair value Gap you
150:55 have to incorporate that because that's
150:57 the real range of that
150:58 inefficiency this inefficiency here you
151:01 have to refer to that as
151:03 well notice it doesn't even get down
151:05 into that Gap low right there where it
151:07 was like
151:09 this there's nothing there it's just a
151:11 gap that stayed open you're wonderful
151:14 but that's not the narrative The
151:15 Narrative is is you have a balanced
151:16 price range here inside of a fair value
151:20 Gap so that's why the market goes down
151:22 to that level there and sends it higher
151:24 so in case you were watching me earlier
151:25 explain this because I was in a rant um
151:29 you were probably thinking oh this
151:30 doesn't make any sense no you don't know
151:31 all the details this is why you can't
151:33 get a f- minute trainer you can't get a
151:34 dollar mentorship a mentor telling you
151:37 this stuff they don't know they don't
151:39 know okay I promise you they don't know
151:41 if you're not if you're not learning
151:43 from me you're getting watered down
151:45 you're not getting you're not
151:47 getting the real details and it ain't
151:48 going to work for you
151:52 so extending that over
151:54 here that's what that's the range but if
151:57 you have this Candlestick here for that
151:59 that Gap from here to here see that that
152:05 Gap is part of the cell program it's
152:08 it's formed as it dropped so those are
152:10 going to always be the most important
152:12 ones I'm watching that because what I'm
152:14 watching is I want to see does it
152:16 converge and agree with something that's
152:19 over here that formed as a basis for
152:21 taking a trade okay let's say that we
152:24 did not have um this Gap
152:29 again and say we didn't have this Gap
152:32 and this Gap what over here would be in
152:36 agreement with this six o'clock
152:39 time remember yesterday at 6m we have to
152:42 annotate that either with the new day
152:43 opening Gap if there's a distinction
152:45 between the 5:00 pm closing price and
152:47 the 600 p.m. opening price because
152:49 there's a that one hour gap in in price
152:51 and trading they don't they don't trade
152:53 between 5 and six o'clock we always
152:55 annotate that as a new day opening Gap
152:56 but if the
152:57 5m closing price or settlement price is
153:00 the same as the opening price at 6 PM
153:02 all we do is draw a single line and you
153:04 can label it whatever you want if that's
153:06 all we had there and we didn't have the
153:08 inefficiency in this form of this Gap
153:11 here and we didn't have that one here
153:13 what what else would be there and let's
153:14 say we didn't have this Wick here say we
153:17 didn't have that what else if it was
153:19 retracing up what else would I lean
153:22 on I would use this obviously but it
153:25 could trade through them remember it can
153:28 spike it can cause candlesticks like it
153:30 did here that have Wicks what is it
153:35 doing look to the left it's part of the
153:37 buy side of the
153:39 curve what do you
153:41 see don't look at my cursor I'm not
153:43 putting my my cursor on it to give you
153:45 uh any help I want you to try to think
153:47 about it and tell me what you see I
153:49 obviously can't see I can't hear you but
153:53 isn't this a
153:55 wick see that so what do you do at Wicks
153:59 like that ignore him oh it's a dogee ICT
154:02 you're Reinventing
154:04 come on Ste Steve neelon guys
154:08 watch this Steve neel's the Candlestick
154:11 God puny God there's the halfway point
154:14 of that Wick that's pretty
154:16 random isn't it it went right to that as
154:18 well and even if didn't have all these
154:20 other things if this Candlestick went up
154:22 and stopped short of that that means I
154:24 absolutely know with a great deal of
154:27 confidence that the next candle when it
154:29 opens I want to trade into the body of
154:31 this candle and as soon as it does that
154:33 that's going to be treated as a bearish
154:34 order block not because it's an up
154:36 closed candle but I'm trading it because
154:39 it's inside of the range of that
154:41 Candlestick remember I was telling you
154:43 many times in rants many times on
154:45 Twitter spaces I can I can trade inside
154:48 of an order block before anybody else
154:50 would recognize it as an order block or
154:53 they want to call it a supply or demand
154:55 zone I'm trading inside of the
154:57 Candlestick that will later on be
155:00 obvious in hindsight to someone else oh
155:02 that's an order block but you were
155:04 entering before the order block how do
155:06 you know how to do that ICT you're
155:07 getting all the answers in 2024 baby all
155:10 you got to do is show up just take some
155:12 notes all the information is
155:14 being disseminated to you like a fire
155:17 hose okay don't complain when it rips
155:19 your face off just be thankful
155:21 you're getting a
155:23 drink that Wick that consequent
155:25 encouragement extended on over here so
155:27 how many things are you seeing
155:29 converging right there
155:32 lots that tells you that this
155:34 retracement here is going to send price
155:36 lower that's why I said I want to see it
155:38 now go down into go back and listen to
155:40 the stream it's going to be there I
155:41 can't change it we're going to look at
155:43 it and see if it can reach down to the
155:44 lower quadrant and it gravitates from
155:47 here down to that
155:50 then what does it do it returns back to
155:52 the midpoint consequent coach of that
155:54 Wick see how that works boom Oh this is
155:58 classic support and re assistance no
155:59 it's not it's not supply and demand it's
156:02 technical
156:03 science and
156:05 conre it's technical science baby you
156:08 know he's watching these
156:10 videos if someone tells you that they
156:12 can tell you what's going to happen in
156:13 intraday charts run away from them
156:15 they're they're a con man they they
156:16 can't do it they're not well what do you
156:18 do with us it's a whole whole bunch of
156:20 us doing up Market trades out to that
156:22 and then trades down to the low and
156:24 explores below the low which is what we
156:26 have here
156:28 okay now with that said I've exhausted
156:32 everything to do with the B side of the
156:33 curve over here then the the rest of it
156:36 is just simply using the rejection block
156:38 and the actual low okay so we went
156:40 through all the PD arrays from that high
156:42 going backwards inside the range so
156:45 that's trading inside the range so my
156:48 question to you is out of all those
156:51 things there which element is your
156:55 multiplier what's the one that you see
156:58 right now I'm not saying that you can go
156:59 out take a trade with it it doesn't mean
157:01 that you can go out there right now in
157:03 front of the whole world live stream and
157:05 do entries with it that's that's not
157:07 realistic for you to expect that I
157:09 wouldn't expect that out of you but
157:12 which one did you
157:14 see chances are you didn't see all
157:17 that you might have saw one or two maybe
157:19 three
157:21 things but which one did you easily see
157:25 without me making special attention to
157:27 it or if you're brand new out of all the
157:29 ones I just described the one that makes
157:31 most sense to you right now because
157:33 that's where you
157:34 start that's your beginning Point that's
157:37 the thing that you look for in price
157:39 action and when it's not there you do
157:42 nothing until you get more understanding
157:44 and more learning more experience
157:46 watching me call this stuff over live
157:47 price action then you'll
157:51 oh I started with soand so PD and that
157:54 was where I first started learning but
157:56 then I really fell in love with this
157:57 particular PD I'm leaving it blank so
157:59 that way it gives you the flexibility
158:02 and allow your personality because it's
158:04 essential for that to be there I don't
158:05 want to force you into this is the only
158:08 way to do it but Caleb's going to have
158:10 to learn all these other ones in
158:12 addition to just simply a fair value got
158:14 because it supports holding on to a
158:16 trade ICT can you talk about how to hold
158:18 on to a trade because I get shaken out
158:20 of Trades and I'm I have a Target but I
158:23 I get scared and I get taken out of it
158:25 because I close a trade and then it goes
158:26 to my target well you have to know your
158:28 range up here well if it's going to go
158:31 lower where it's going to
158:33 go to that low is where sell side but
158:35 before we go there we have all kinds of
158:37 opportunities which is what I just
158:39 outlined we don't need it to go below
158:42 that low or even trade to that low to be
158:43 profitable any one of these PD arrays
158:46 that we outlined and rejection Block in
158:47 that low and this Con encro on that Wick
158:50 that could have been a partial that
158:51 could have been a Terminus for your
158:52 trade and guess what that doesn't mean
158:54 that you're stupid it doesn't mean that
158:55 you're not good at trading because you
158:57 didn't hold for all this run down
158:59 here you have to have a starting point
159:02 like my son Caleb he has to have some
159:06 kind of measurable expected range to
159:10 operate in at around a specific time of
159:12 day and do the same things every single
159:15 day and not worry about what's going on
159:18 outside the bar the boundaries and
159:20 parameters that that entails because
159:23 you're you're always going to find an
159:24 excuse to feel like you didn't do enough
159:27 you didn't make enough you didn't get in
159:30 at the best price you didn't hold for
159:32 the best price and get out at the best
159:33 price like that that's something that
159:35 you're going to be plagued with the rest
159:36 of your life as someone that's been
159:38 doing this for 30 plus years I don't
159:40 like my
159:42 exits I want them to be perfect I want
159:44 them to be better than they are and you
159:46 see what I do with my executions and I
159:47 show them an entry manage the show you
159:50 see that it's it's it's pretty good and
159:53 if I can go back in time and say that to
159:55 my younger self at 20 some years old
159:57 here's how you're going to know how to
159:58 trade later on I'd be like if I can just
160:00 do that I'm happy but that won't be true
160:02 when you get to that point because
160:03 you're like I want to go beyond this so
160:05 you're always stri at least for me I'm
160:07 always striving for Perfection knowing
160:09 it's going to evade me but I'm going in
160:11 the right direction I'm not trying to go
160:14 the other way I'm trying to refine and
160:16 make it better and usually that's done
160:19 by doing little little and less not more
160:22 of the same stuff it's just doing less
160:24 of the things that I try to do and
160:27 that's when I don't try
160:29 to beat my own
160:32 systems when I don't do that I I have
160:34 the better the better exits and when I
160:36 try to finesse certain things because
160:38 you know I think I've woke up on on a
160:41 better side of the bed I think I'm going
160:43 to really do a stunner today my exit
160:46 aren't as fashionable as other
160:50 so I don't know if that means anything
160:51 to you but I just learned that that's
160:53 what I've observed in my own my own
160:55 exits my own strategies and such
160:57 but when the market creates this fair
161:00 value guy this high right here okay let
161:03 me take let me take this off for now let
161:05 me take all this stuff off for now and
161:08 what I'm saying is
161:10 conceptually from this candle's opening
161:14 price all the way
161:16 down to here and we'll just use um
161:20 we'll replicate this is also a targeting
161:22 strategy so you can write this in your
161:23 notes too it'll be in the book in case
161:25 you don't fully get it here because I
161:27 have a wick I'm I'm grading that price
161:29 swing or that that range if you will we
161:32 have a quadrant so if we have
161:35 this and it's one quarter of that range
161:38 I'm going to Ballpark another quarter
161:40 range projection lower and it's about
161:43 right there I'm try I'm looking at this
161:46 here to here okay that's what I'm that's
161:49 what I'm doing right there and
161:53 if I want to I can do
161:56 this
161:58 um that would be negative
162:06 .25 what I did it wrong
162:26 there you go that's pretty good that's
162:28 that's pretty close for for ibon it for
162:30 52y old with with a prescription updated
162:33 my eyeglass I had my ey glasses um
162:36 prescription checked and I discovered
162:40 that I have gone up two prescriptions
162:42 and that's the biggest jump I've had
162:44 with my vision in my whole life so
162:48 that's a little disconcerning but the uh
162:52 the range here I just projected that's a
162:54 good Target right there so if we're
162:55 going to go below this low how how how
162:57 can you determine a very low threshold
163:02 very easy lwh hanging fruit objective if
163:05 you want to try to trade for something
163:07 lower than that low how how can you do
163:09 it well what what is that low part of is
163:12 it part of a range like this Wick or is
163:15 it part of the range from this high down
163:17 to that low
163:19 if it's going to go below that for the
163:21 express purposes of using the wick for
163:23 your Target or the Range High down to
163:25 that low if it's going to go below that
163:27 low for seeking liquidity okay uh let me
163:30 do that does this okay we just did the
163:33 measurement on
163:36 uh that that that anchored right here
163:39 we're going to draw this up to that
163:46 high and you can see it's on that low
163:49 the same the same aspect of
163:51 uh what we were trying to uh measure for
163:55 projections we can do that same thing
163:57 with that range here and whatever the
163:59 20% or 25% or a quarter of that
164:05 range here we can project lower that's
164:10 the lowest threshold that's the the
164:12 easiest if it's going to go below an old
164:14 low how far can it go below the old low
164:17 and you can get that measured by
164:19 [Music]
164:25 that so you have the low of the actual
164:30 candle like
164:32 this see that that's the low that's
164:35 where we were targeting and anything
164:36 below that would be liquidity what kind
164:37 of liquidity sell side and if you're
164:39 using the range and you're going to be
164:41 using uh range
164:43 targeting this range is the high to that
164:45 low and this is one quarter of the range
164:48 projected below that level that takes us
164:51 to this level here and that's a pretty
164:52 good Target I mean you won't get all
164:54 that but that's okay I mean that's
164:56 usually like a a if you're not using
164:59 standard deviations now standard
165:00 deviations are taught in the mentorship
165:02 videos on the 2017 mentorship playlists
165:06 I don't recall off the top of my head
165:08 because I'm 52 I'm I'm I'm having a bid
165:10 moment right now when it comes to think
165:11 about where the the content was per
165:14 month I don't recall what that was
165:16 because it's been a little bit of time
165:17 since then but where I'm teaching
165:20 standard
165:21 deviations that is the closest thing
165:23 that I'm going to reveal to the public
165:25 on how to get really really really tight
165:27 Precision grouping with your exits that
165:29 are closest to the highs and closest to
165:31 the lows but if you want something
165:33 that's very simple doesn't take a whole
165:35 lot of work it's really off the cuff
165:37 quick it's just what I just showed you
165:39 here okay if you just rewind this
165:40 portion again it'll make perfect sense
165:42 to you the only thing you're doing is
165:43 trying to get one quarter of the range
165:46 beyond the the low or high you're trying
165:49 to trade for so this is what we were
165:50 aiming for and that's the excuse for
165:53 reaching for something in here or in
165:55 here and being content with not getting
165:57 anything beyond that and that's going to
166:00 be a skill set for you to to acquire
166:02 where I made enough
166:05 money and you have to come to terms with
166:07 whatever that is and over time you're
166:10 going to see that that is more than more
166:11 than plenty but it won't feel like that
166:14 when you're when you're first learning
166:15 so back to this right here for turtle
166:17 soups that are part of an existing price
166:19 run anytime you're trading in a fair
166:21 value gut you're literally trading a
166:22 turtle suit you're trading above and
166:24 going short an old high which is this
166:26 candle's high so it's not support and
166:28 resistance that we're trading we're
166:29 trading with the express purposes that
166:32 there's an absence
166:35 of buyers that's been afforded any
166:39 opportunity to be a buyer Above This
166:40 candle's High that's essentially what my
166:42 fair value Gap this doing so let's do
166:44 this let's amplify this again this is a
166:48 little reminder if you guys are learning
166:50 today if you like this kind of stuff
166:51 because when I when I don't see a lot of
166:53 uh thumbs up and I'm I'm teaching stuff
166:55 that I never really wanted to
166:57 teach it kind of makes me feel like you
166:59 know what I'm I'm gonna I'm gonna slow
167:01 my role and I'll just not be so
167:03 forthcoming with the information because
167:05 it doesn't cost you anything to do a
167:07 thumbs up but I like seeing that because
167:08 I know if I got 100,000 views on a video
167:12 and
167:13 175,000
167:15 views of a a lecture and I see like 10
167:18 th000 likes or 5,000 likes or 6,000
167:20 likes to me it's a little insulting
167:22 because I don't need to be here I could
167:24 very easily Say Caleb these people
167:27 I don't like what what I'm doing I don't
167:28 feel encouraged to do it um it's free
167:31 and they're not appreciating it and it's
167:33 kind of like an Fu or a middlefinger to
167:35 ICT when it's like that that's how I
167:37 view it because you're not going to get
167:39 this information from anyone else
167:40 they're not going to explain it they're
167:42 not going to give you the details
167:43 they're not going to give it in a way
167:44 where you can use it and know how to do
167:46 it without me ever teaching it to you
167:47 again that's how I'm teaching teaching
167:49 it there's no catch here okay but I
167:52 understand it's the mentality of most
167:54 people today is you know you owe it to
167:57 me I don't owe a thing to
167:58 anybody
167:59 but a guy leave me a comment saying hey
168:02 when you say you we have a lot of
168:03 students that really like you and they
168:05 might think you're talking to them in
168:07 this regard I am because if you're
168:09 watching my stuff and I'm pouring my my
168:10 attention and and time into my son and
168:13 I'm making it available to you um I know
168:16 it I know it works you're watching it
168:18 unfold live over the
168:19 charts um there's nobody else doing that
168:22 so if the logic is real and it's valid
168:24 and it repeats over and over again and
168:26 I'm telling you the why that way you
168:28 learn how to use it trust it and then
168:31 you can anticipate it how to know how to
168:33 find it on your own that's what
168:35 mentorship is it's not me it's not me
168:38 out here demonstrating my toys it's me
168:41 teaching my son in your witness so when
168:44 he's duplicating these types of things
168:46 you were there as he learned it how he
168:49 learned it there's no secret lessons I
168:51 look I'm 52 I'm running out of energy
168:53 here so I'm pouring everything into this
168:55 it's not going to be anything outside of
168:58 this because I'm pouring hours and hours
169:00 and I got people complaining your your
169:02 your videos are too long well then break
169:04 it up nobody says you had to sit down
169:06 and watch it in one setting that's the
169:08 problem you're trying to rush through it
169:09 all but the fair value Gap is this we
169:12 have one single pass the Shaded area is
169:15 highlighting this candle to that low
169:18 that candle okay I don't care about
169:21 anything else except for that candle's
169:22 low because there's no volume imbalance
169:25 there see that no volume
169:28 imbalance we're part of the cell side of
169:30 the curve we're dropping I want to see
169:33 it stay low I want to see it stay low so
169:37 I am only interested in technically
169:41 seeing I don't really have that
169:43 highlight I'm going to take this six
169:44 o'clock price off so I got to remember
169:47 how many steps I do so I can do control
169:49 Z it'll put it back meaning this so if I
169:53 take it
169:54 off and then I'm going to add the
169:56 midline on this so that's how you do
169:59 that I'll make it black
170:02 cuz I want to make it pop on the chart
170:05 so all things being equal no Wick
170:08 discussion it's just this fair value got
170:11 what we're talking about is it's part of
170:13 a sell side delivery it's part of a sale
170:16 program the Market's reaching lower for
170:18 sell side side or a discount
170:21 inefficiency I took your attention to
170:24 the midpoint of that
170:27 830 cap which is here I forgot I change
170:31 the
170:33 color so if it's going to trade up into
170:36 this inefficiency where only one candle
170:38 passed so between this candle's high and
170:41 that candle's low it only went down one
170:45 time in one candle for one minute
170:49 that's inefficient with buy side buy
170:52 side is where price is offered going up
170:57 buy side liquidity is where it's
171:00 reaching for while it goes up see buy
171:03 side liquidity are actual pending orders
171:05 in the marketplace either to buy into a
171:08 new long position or to buy and exit a
171:11 short position as a stop loss being
171:14 activated I'm looking at that high right
171:16 there and I want to be a short seller
171:19 generally on the fair value Gap I'm
171:21 trying to put my limit order at
171:24 that price or one tick above it that's
171:27 my first six contracts that's my model
171:31 and then if it can trade up into the
171:34 midpoint or as it starts to slide
171:36 towards it then I'll throw in my four
171:38 contracts so what does that give me it
171:40 gives me four
171:41 lots that gives me a total position so
171:44 far scaling in 10 contracts I am not inv
171:48 in you to trade with 10 contracts I'm
171:50 not saying that you have to trade with
171:52 10 contracts for it to be profitable you
171:55 should only be watching price action
171:57 Caleb and saying okay this is where
171:59 we're eyeballing it and saying I want to
172:01 see how it behaves once it trades there
172:04 does it go all the way to the midpoint
172:06 does it go all the way to the Top This
172:07 is permissible remember that term it's
172:10 something that is allowed to happen and
172:12 it doesn't change the underlying
172:15 direction or where the Market's going to
172:16 go it just means that this is possible
172:18 to happen it doesn't change anything
172:21 it's
172:22 better it's much better if it only goes
172:26 to half or less and then does this
172:29 because that means it's really really
172:31 weak but because I already expected to
172:33 go lower this is just an opportunity for
172:35 the market to repic to that level right
172:37 there that candle's low it doesn't
172:40 reduce the the uh the effectiveness of
172:43 the trade it doesn't make it more
172:45 profitable or less profitable it just
172:47 gives me as a emotional and
172:49 psychological comfort that I am on side
172:53 it's going to start really running away
172:57 quickly after it rolls out of here and
173:00 doesn't go in the upper half so meaning
173:03 this if it's like this
173:06 portion like say it's like that much of
173:08 the
173:09 Gap doesn't get traded to and say this
173:13 Wick only went up like to here but left
173:15 all that shaded area open and not touch
173:17 that that high and then it did this
173:19 price action
173:21 here that's usually if you watch my
173:24 examples and you'll see me talking about
173:26 it in real price action when we get
173:27 through the August uh content and then
173:29 we start looking at minute by minute
173:31 second byc Candlestick and then what
173:33 you're observing Caleb what to
173:35 anticipate what it should do right now
173:37 not the overall grand scheme of how the
173:40 read price and where it's going to go
173:41 and how to behave in those ranges that's
173:43 what we're doing right here this is the
173:44 beginning point and it's not a one
173:46 module Tech uh lecture it's there's a
173:49 lot of clearly as you can see there's a
173:50 lot of things that you need to weigh out
173:53 if you really want to know what price is
173:55 doing how to trust that you're going to
173:57 be a part of a trade and hold on to a
173:59 trade I've answered so many questions
174:02 already in this lecture that have been
174:04 brought to me over the years
174:07 constantly but you want I want if I'm
174:09 shorting a fair value guy I want to
174:11 enter at that old candle high and by by
174:15 the very nature of it that's a turtle
174:17 soup you're going short above that high
174:20 you're trading in an area of
174:24 inefficiency and you think this is
174:27 Turtles suit you think it's
174:29 this this is dollar mentorship menu uh
174:33 memberships where they they're trying to
174:35 teach you this stuff the wish
174:41 version why you gotta go there ICT why
174:43 you got to start some trouble you're
174:45 always trying to bring a Ruckus no I'm
174:47 trying to remind these cats that they
174:48 don't know and they're pretending
174:51 like they do and they're hurting people
174:53 you're messing up people's expectations
174:54 and understanding and they're actually
174:56 prolonging their their learning curve
174:58 because they got to learn that horseshit
174:59 first and feel realize that they just
175:01 watered down something and taught it
175:02 incorrectly and they come back to me and
175:04 then they're like oh man I wish I would
175:05 have just started with you
175:07 right whatever you can go you can eat
175:10 where you want to eat but you think this
175:12 is Turtle seat just a
175:16 high Pierce above it and there it is
175:20 but that is
175:23 [Music]
175:25 true here that's a
175:29 breaker Breakers tend to be Turtle soups
175:32 in changing directional sustained price
175:35 runs where you have high low higher high
175:40 there's your breaker but the essence is
175:41 a turtle
175:42 suit that is not what's going on when
175:45 you're using as a trade entry that's
175:47 part of an existing or underlying or
175:49 unfolding sell program or buy program
175:52 because you're looking at one single
175:53 candle like this and you have to get
175:55 above that
175:57 candle where can it how far can it go
176:00 see it's going to be harder for you to
176:03 do
176:04 these entries here because as it's going
176:07 up like that you're not going to want to
176:09 stand in front of that it takes more
176:11 experience learning the things I told
176:13 you this level yesterday I know you
176:15 probably didn't watch the video some of
176:16 you are just looking at this one or you
176:19 didn't watch the entire video yesterday
176:21 you heard me talk about other things and
176:22 you're like okay he's done I'm teaching
176:24 I'm not everything I said yesterday was
176:26 valuable you might not see the value in
176:28 it now because you have a myopic
176:31 perspective but these these levels were
176:35 given to you
176:36 yesterday and the market goes up into it
176:39 trades to it and then rejects it it
176:42 takes a whole lot more understanding and
176:43 a whole lot
176:46 more complimentary understanding with
176:49 other PD arrays to do these types of
176:51 Trades selling right there and you've
176:54 watched me do examples of that it's on
176:55 Twitter go look at it there's examples
176:57 of it on my YouTube channel too look in
177:00 the executions uh live execution uh
177:02 playlist you'll see it it's
177:05 there but these are the more advanced
177:09 ones these are very very demanding in
177:12 your understanding the fair value gap
177:14 which many of you are real customed to
177:16 now you're comfortable with it what you
177:18 don't realize is you're doing the same
177:20 thing
177:22 here that high is
177:26 here this high is here the difference is
177:30 is this is a visual aid and telling you
177:32 how far this part of this run above this
177:35 old high here which is this individual
177:37 Candlestick how far can it go
177:40 ICT where where's too
177:43 far too far is going above this candle's
177:46 High that's a stop loss
177:48 entry here stop loss
177:53 here now that's the the the Baseline
177:58 entry strategy and where stop- loss
177:59 would
178:00 be take it one step further how can we
178:03 take this to an amplified Advanced ICT
178:07 mentorship video this is a charter level
178:10 content this whole video is really this
178:11 whole stream is the charter level my
178:13 Charter students are tickled to
178:15 death right now they're like man this is
178:16 the man we've been waiting since 20
178:18 2016 here he is out there now doing it
178:20 oh man they love it you should see some
178:22 of the they're
178:25 saying what do we have
178:28 here what is
178:31 that let me move this out of the way so
178:33 you can
178:34 see what's this part right
178:37 here isn't that a
178:41 wick
178:43 oh well let's use that information
178:46 because that candle is the high end of
178:49 the the fair value Gap pattern is three
178:52 candles it's this one that's candle one
178:54 here's candle two and candle three a
178:56 fair value Gap the inefficiency is
178:59 always candle number two if it's a down
179:02 closed candle it's a sell side in
179:03 Balance byy side inefficiency SI I bi I
179:08 CBI if it's a fair value Gap that has an
179:10 up closed candle it is a buy side
179:13 imbalance sell-side inefficiency or a
179:15 bissy B II
179:20 candle number one if candle number one
179:22 has a
179:24 wick right here underneath it that is a
179:28 premium array that means it's below I
179:32 sorry it's above the fair value Gap and
179:34 it's trading up to here you're thinking
179:36 I'm going to get into a trade here or at
179:38 the midpoint and you want to see the
179:39 upper half of that stay open that's this
179:42 area right
179:44 here Classic Fair Value Gap then where
179:47 you start Kayla when you're studying
179:49 this you want to be observing price
179:51 action and you don't want to see it
179:53 trade to this high right here okay in
179:57 other words this is what it looks like
179:58 this is the Frameworks that way you can
180:00 have screenshots of
180:02 [Music]
180:04 it man I'm so nice to
180:06 you this is stuff I did not want to
180:09 teach I did not want to teach it you're
180:12 an you should have want to teach
180:13 this no it's too good
180:17 [Music]
180:19 you think you you think you like this
180:21 stuff you ought to see the stuff that
180:22 I'm never going to teach that makes
180:26 me all right so we're going to do top
180:31 right it seems like it's probably too
180:34 much that's good so stop loss is
180:37 here and the
180:41 entry would be
180:43 here so you're going to watch this level
180:46 Caleb this is your
180:51 let me thicken it up a little
180:53 [Music]
181:05 bit we'll make that this
181:09 color man this is a long video go watch
181:12 somebody else I'm here teaching my son
181:14 how to be profitable and how to read
181:17 price action
181:18 you don't want to be here for that go do
181:20 something else so entry is here stop
181:23 loss is here that's that's the the
181:26 methodology okay Advanced
181:30 version okay how do you mitigate
181:34 underlying risk how do you reduce risk
181:38 how can you use smaller stop losses how
181:41 can you make your stop loss really tight
181:42 like this how do you know that these
181:44 stop losses aren't going to get hit how
181:46 do you know ICT when you're holding dude
181:48 the bro
181:49 bro the stop loss has me in tears oh I'm
181:54 dead the stop loss killed me that's all
181:57 the comments when I'm sharing examples
181:58 when you see me using the stop loss
182:00 placement I'm going to show you one
182:02 element to sometimes not all the time
182:04 it's a lot of things that go on based on
182:05 individual trades but initially Caleb
182:08 when you're watching price not taking
182:09 trades you're watching it enter you're
182:12 thinking okay I want to see it how it
182:13 behaves here if it goes there I'm
182:15 expecting it to go half way no more but
182:19 leave a portion open but if it goes up
182:21 there then you demand immediate response
182:23 where it needs to drop
182:26 okay if it doesn't completely come back
182:28 to this candle's
182:30 low and it leaves a portion of that open
182:33 that's what you want and then you
182:35 anticipate very fast speed and big large
182:38 range candles going lower after it
182:41 trades to that candle's low
182:49 like that once it does that then you
182:53 absolutely demand immediate response and
182:55 the same thing happens in my videos
182:57 you'll see me say I want to see speed
183:00 and distance and large ranges going down
183:03 and then you get it that's qualifying
183:06 and quantifying the setup real time as
183:08 it happens you need to be doing those
183:10 things while watching price not entering
183:13 a demo not entering a demo not pushing
183:16 any buttons you do this for months You
183:18 observe and you watch and it teaches you
183:20 and trains you to see oh yeah this is
183:22 what it looks like it's going to behave
183:23 this way and then when you start using
183:25 the the elements I'm showing you here
183:28 you start
183:29 with this price level plus one tick if
183:33 it can trade there that means it's got
183:35 to go two ticks above that if it books
183:37 that price you hypothetically say you
183:39 would be in a move but you're not you're
183:41 not even demoing it you're tape reading
183:44 okay you're watching and observing and
183:46 then at that point once it does that
183:48 hypothetically you would be in a trade
183:50 whether demo or live using that logic so
183:53 you do not want to see it book that
183:55 candle's price high but what happens if
183:58 this is a little too rich for you you
184:00 don't like that it's too much range how
184:02 can you reduce it well if you have this
184:05 Candlestick number one in your fair
184:07 value Gap if it has a wick like this
184:09 this is a premium array because it's
184:10 going to be trading up to it you don't
184:13 want to see it trade there but you can
184:15 take that Wick and do this
184:17 [Music]
184:35 [Music]
184:43 there's consequent encouragement of that
184:45 Wick
184:48 plus two
184:49 ticks there you go the market will run
184:52 up here at one point this will be a
184:54 boldface bullish candle you'll
184:57 yourself okay you'll be scared some of
184:59 you watch my live uh examples of trading
185:03 and you watch it and you're thinking oh
185:04 man it's is gonna be stopped out and
185:06 then all of a sudden it doesn't how do I
185:08 know that I'm doing things like
185:11 this but you don't want to hear me you
185:13 don't want to learn because you want a
185:14 little video something that tickles your
185:16 asss and and gives you a right now
185:19 little thing talking point so you can go
185:21 around and start talking like you know
185:23 something when you don't I want you to
185:25 know it I want you to understand it so
185:28 by examples of things like this it
185:31 affords you better efficient stop-loss
185:35 placement you don't you're not
185:37 fearful why would I why would I fear
185:40 this never being hit because it's two
185:42 ticks above the midpoint of
185:45 this this candle opens and trades down
185:49 isn't this overlapping that candle's low
185:51 when it does this so essentially what is
185:54 this area
185:57 here it's a balanced price range
186:00 balanced price ranges we don't ever want
186:02 to see it go down start here go back
186:05 over and then come all the way back to
186:06 the Top If it does that it's probably
186:08 going to go higher and I don't want to
186:09 be in that trade so I don't need to put
186:11 a stop loss up there I can be just above
186:13 the consequent encouragement of that
186:15 Wick because it's a gap just like this
186:17 is a gap
186:20 okay so anyway that's the business there
186:22 so now I taught you how to trade and how
186:24 to enter trade stop loss and how to also
186:26 use a very very small stop loss I've
186:28 also taught you today how to anticipate
186:30 when the Market's going to run and be
186:32 aggressive and start creating large
186:33 range candles there's only two
186:34 circumstances that caused that I taught
186:36 you both of them today when you leave a
186:38 gap opening or if it closes the Gap if
186:40 you leave a gap opening and it's the
186:42 upper half when you're bearish or the
186:44 lower half when you're
186:45 buying once it leaves it it needs to
186:48 accelerate and move away and that's true
186:50 but if it goes up and fills the Gap in
186:52 entirely like it does
186:54 there it must immediately give
186:57 you speed and distance and large range
187:01 candles moving away from it and then
187:03 once it takes out this low here that's
187:05 now we're in a new Range
187:07 low me put more data on the
187:14 chart you're learning some that
187:16 ain't you man I wish you would have
187:17 taught like this first time ICT see they
187:20 can't be happy they'll never going to be
187:22 satisfied instead of saying thank you
187:23 for teaching it they're going to say I
187:25 wish you would have talk like this the
187:26 first time you're a
187:29 dick oh you can't win with some of
187:32 these guys so anyway we were looking for
187:35 this level here we had the response as
187:37 we were looking for it and trade it off
187:39 here once it takes out that
187:41 low if you see that happening in your
187:44 mind Caleb you would say partial there
187:46 even if you had single contract partial
187:49 there and you screenshot it as it trades
187:50 below that and then you watch and
187:53 observe how does it behave how does it
187:55 behave goes up one more time bumps into
187:57 it and drops away comes back one more
188:00 time I gave you the order block here I
188:02 said we do not want to see it trade bu
188:04 go back and watch the live stream I know
188:06 you can't rewind it right now and I'm
188:08 not going to change that because when my
188:09 son's watching live data I don't want
188:11 him to be able to rewind or change
188:13 anything he has to see it as it's
188:14 happening and if he isn't watching and
188:16 paying attention at the time happening
188:18 he's missed it just like you
188:20 you've missed it you missed the
188:22 opportunity you've missed the
188:23 opportunity to study it real time it is
188:25 what it is there is no DVR advantages
188:27 here this is the way it is you don't
188:29 like it go watch somebody else I'm not
188:31 in here trying to make everybody happy
188:33 I'm here training my son this is what it
188:36 is but he's in the dungeon now
188:38 so this Candlestick I told you that's a
188:40 bearish order block we have a fair value
188:42 out there I don't want to see it trade
188:43 above it we already outlined and showed
188:45 you
188:51 that it didn't do it see
188:55 that
188:56 so if you were going to trade the order
188:59 block say that was going to be your
189:01 methodology and you were using that here
189:05 okay where would your stop loss
189:10 be this is this is a a real a
189:14 challenging question for some of you
189:15 that haven't taken notes today
189:18 for those that have been taking notes
189:19 this is a pretty easy one if you're
189:22 looking at this bearish order block okay
189:24 it's part of the Run that's going lower
189:26 okay this is the midpoint of that Wick
189:30 at 830's Candle we are exploring the
189:33 likelihood of it trading lower we're
189:34 part of a sell program that means it's
189:36 going to most likely continue dropping
189:39 lower okay so it's only coming back to
189:41 that midpoint to do what offer fair
189:44 value so if it leaves it like it does
189:47 here
189:48 starts to trade back up that right there
189:50 is your bearish order block this is
189:52 where the algorithm gives
189:54 little like a mile marker like a bullet
189:57 point or an exit ramp or a traffic
190:01 control device if you're a professional
190:03 driver um a notation if you
190:07 will this is where your eye should go to
190:11 okay and that range gives you the levels
190:16 to trade on if you have not been a
190:18 participant of the trade yet you can use
190:20 this up closed candle to formulate an
190:22 entry but where does your stop go it
190:25 needs to be above this candle okay it
190:27 needs to be above it but
190:30 where where where's it got to
190:33 go some of you're
190:35 young I'll give you 10 seconds more for
190:38 the ones that still thinking about it
190:48 I'm having fun today I might go till 5
190:51 o'clock
190:53 no no don't do that I'm gonna be I'm
190:55 gonna be
190:57 divorced I'm my boss is gonna fire me
190:59 I'm trying to watch you listening to you
191:01 and I'm and he's gonna look at what I'm
191:02 doing it's not my fault bro all right so
191:05 anyway you probably already noticed we
191:08 have this premium Wick it goes above as
191:13 the next candle above that Bear shorer
191:16 Block
191:17 your
191:18 stop would be right here plus one
191:21 tick that means you're safe you're
191:23 you're inside of the realm of staying
191:25 within the context of the cell program
191:27 you're above the fair I'm sorry you're
191:29 above the bearish order block and you're
191:32 encapsulating it based on the wick
191:34 because the wick can be if with this
191:36 like this okay there are times where you
191:40 will see this formation of a up closed
191:43 candle and it drops and then it'll Spike
191:45 through and if it does Spike through and
191:48 there's a wick what it does is it's
191:50 going right up into half of that Wick or
191:52 just falling short of it then if you got
191:55 stopped out that's when I'm going to go
191:56 right back in
191:59 again if I missed something down here
192:02 and I'm seeing price as it's trading up
192:03 into that
192:04 Wick okay I'm going to get short there
192:07 trusting that this was the order block
192:09 and this is where the damage is being
192:11 done don't think for a second the order
192:13 blocks are always going to be protected
192:15 they're not always protected sometimes
192:17 the market will color just outside the
192:19 lines there's no Perfection but it
192:22 doesn't change the underlying narrative
192:25 it doesn't disrupt any of that now I'm
192:27 gonna give you one more advanced topic
192:29 and then I'm going to close it because I
192:32 am
192:33 hungry and a banana and a little bit of
192:35 orange juice before I started today is
192:37 simply just not
192:40 enough all right
192:42 so there are times when you're
192:44 anticipating a price run okay okay and
192:47 it's going to reach for a
192:50 Target if the market is reaching for
192:53 these upside targets or downside targets
192:55 and it creates the
192:57 Wicks but doesn't reach the targets okay
193:01 and it starts to create like this
193:03 reaching element where it goes up a
193:05 little bit comes back down it goes a
193:06 little bit higher and it goes back down
193:09 if we anticipate a a level and I'm going
193:12 to be full disclosure here I believed at
193:15 8:30 that we were going to spike up and
193:17 hit this uh new week opening guy I I
193:19 believe at the time watching it I
193:21 believe that that would happen and it
193:23 didn't happen right away it deferred and
193:25 waited until the opening bell which is
193:28 the next expectation because that's the
193:30 time elements right well 8:30 we had a
193:32 news driver it failed okay if there was
193:36 no news driver that had like PPI CPI
193:40 fomc or non perel if those things not
193:44 being part of the equation if they're
193:46 not in
193:47 The Narrative or the the day that I'm
193:49 I'm looking for these types of things if
193:51 it does something like this where it
193:54 creates a Candlestick Wick like this and
193:56 I believe it's going to trade up
193:58 here remember CPI PPI fomc and non-farm
194:02 payroll those characteristics that are
194:05 around those types of reports they're
194:07 always manually intervened that means
194:10 that the algorithm is not letting or let
194:12 me say it this way the algorithm is
194:14 being interrupted and disrupted and
194:17 there's a hand in in the in the mix if
194:19 you will it'll go just short of where
194:23 you will go later on when the Market
194:25 opens at 9:30 or it'll go beyond where
194:29 you thought it was going to go and just
194:31 keep on going those are the two criteria
194:34 this that's the reason why you have to
194:36 be very careful on those trading days
194:37 that's why I tell students don't trade
194:40 on those days because you don't know
194:42 what you don't know and you're going to
194:44 discover that you don't know a whole lot
194:46 and it's taken some of your ass off of
194:48 you ripped your face off decapitated you
194:51 blew your account wrecked you divorced
194:54 you okay ruined you got you fired
194:56 because you you lose your mind because
194:58 you lost your account at work and
194:59 they're like what the hell is you doing
195:00 I lost my money trading well you ain't
195:02 supposed to be trading now you're fired
195:04 you can avoid all that stuff by simply
195:06 not trading those
195:08 days at the time of the release of the
195:10 report at doesn't mean don't trade them
195:11 at all I've I've made it very plain and
195:15 clear that you should not be trading at
195:17 the time of that release even on nonm
195:19 payroll if you want to trade the
195:20 afternoon it's easy to do that you can
195:22 trade 20 30 15 minutes after uh the
195:25 initial non far payroll numbers hit but
195:27 trading into them or trying to predict
195:30 that you're never going to be good at
195:31 that and just avoid it but with those
195:34 things said and all things being equal
195:37 if the market starts to route and I
195:39 believe it was going to trade here and I
195:40 told you that yesterday the Market's
195:42 going to trade up and try to gravitate
195:44 towards that if
195:47 the market does create this Wick and
195:50 then the next candle we start to trade
195:52 up okay but let's just say that I
195:55 believe that they're going to manipulate
195:57 price because not because the a30 news
196:00 but they're going to leave relative
196:02 equal highs or I believe they're going
196:03 to engineer them okay if I believe that
196:08 then what I like to look for is this
196:10 formation it's the opposite
196:13 of
196:15 that where you're predicting
196:18 highs projecting highs with the
196:23 Wicks sounds cool doesn't it watch if we
196:27 have a day or a session and I believe
196:31 that they're going to try to keep um
196:33 Hots and I've done this on Twitter I've
196:35 done this in execution videos I've done
196:37 this in Twitter spaces where I I've
196:40 literally called out every individual
196:41 candle or I've mentioned them in other
196:45 people's live streams or I'll go into
196:46 their chat when and I'll say I believe
196:48 they're going to keep the realtive equal
196:49 highs open or not traded to until the
196:52 opening bell or at 10:00 then I think
196:54 they'll run it up there and then we'll
196:55 use a silver bullet
196:57 idea if I have a an inkling that the
197:00 Market's going to keep a high in place
197:04 or a low in place I like to use this
197:07 concept here which
197:10 is the first Candlestick that creates
197:13 that
197:13 Wick here to there you see that
197:17 now what happens if it falls short of an
197:20 objective where I'm reaching for and
197:22 this is ultimately where I think it's
197:23 going to trade to maybe later in a day
197:26 at the opening bell or after the opening
197:28 bell during the opening range the first
197:30 30 minutes between 9:30 and 10 o'clock
197:31 New York eastern
197:34 time if I think they're going to keep
197:36 that there and but I'm say I'm scalping
197:38 because I can buy long and sell short in
197:41 the same day and go back and forth back
197:42 and forth like I was talking about
197:43 yesterday I want to be in a market
197:45 environment that creates and promotes
197:46 those opportunities if it's just
197:48 one-sidedness and it's real lethar you
197:50 can chopp you back and forth but real
197:52 tight ranges but still drifting High I
197:54 I'll leave that to somebody else to
197:55 trade that and they can tell me they
197:57 made 300 handles and I'm a dick because
197:59 I didn't I didn't make as many handles
198:01 there but then I can come back you know
198:03 the next day with less of a range and
198:05 make four times than they got
198:07 so if those instances are there and I
198:10 believe that the range is going to stay
198:12 intact and they're not going to trade to
198:13 an objective in other words I believe
198:15 that they're engineering liquidity
198:17 meaning you didn't know about new week
198:19 opening gaps and started talking about
198:20 it so imagine a time before you learned
198:24 about them you might be thinking when
198:25 this candle was bold-faced bullish wow
198:28 it's going to keep going higher who
198:29 knows where it's going to go right well
198:32 if I believe that they're going to hold
198:34 that
198:35 range and use this objective later in
198:38 the day post 9:30 opening
198:41 bell and I start to see a Candlestick do
198:43 this and I'm long say I'm long in a
198:45 scalp once it creates this I want to see
198:48 it's still likely to go here I might be
198:50 wrong so I'm going to give it a chance
198:52 to go one more time to reach for it if
198:54 that's the case then I can take this
198:56 range here and it's going to do the
198:58 opposite it's the mirror image of what
199:00 this was
199:02 doing where we create the high the high
199:05 Wick okay and it's trading half of this
199:08 Wick here but this Wick and then half of
199:11 it it just falls short of half of that
199:14 that's reasonable but what happens when
199:15 you anticipate a range staying intact
199:17 and it not breaching it or trading to an
199:19 objective because they're engineering
199:20 liquidity they're deferring a run to a
199:22 particular price level but you're in a
199:24 trade or you're watching price action
199:26 it's really fun to do this you you see a
199:28 candle create this initial Wick and the
199:31 next candle it starts running above
199:43 it what's this candle's high you're
199:46 you're looking at that price right there
199:48 okay right here what's that candle's
199:52 High 19,1 149 even right that's what
199:56 you're seeing right
199:58 here this is half of this candle's Wick
200:02 that has yet to
200:04 form and what is that boom that's that's
200:09 algorithmic I used to sit on baby Pips
200:12 and troll the out of everybody and
200:14 say look I'm telling you I can call the
200:16 highs and the lows I can do it with
200:18 individual candlesticks I can do it in
200:19 an hourly candle I can do it on daily
200:21 ranges the low you weekly range I can do
200:23 all that stuff a lot of those things I'm
200:24 not going to teach you that
200:26 stuff but tell me how this is buying and
200:29 selling pressure how how the is
200:31 that just gonna just be like
200:34 that Wicks do the damage but it's
200:37 controlled demolition it's
200:40 controlled it's
200:42 controlled they're only going to do what
200:45 it's what it's coded to do until they
200:47 manually intervene and when they do that
200:49 everything goes out the TA off the table
200:51 out the window don't trade simply sit
200:54 still I don't care how much it moves
200:56 around how how many people come forward
200:58 and say they made money here they passed
201:00 their funded account challenge or they
201:01 got this much and they're gonna get a
201:02 payout on I don't give a they're
201:04 not going to do that as a steady diet
201:06 everybody can get lucky once in a while
201:09 once in a while but you're not here to
201:12 try to be a onetick pony you're not here
201:13 to try to get good enough to show one
201:15 broker statement
201:17 one day that you did it right you're not
201:19 trying to do that you're trying to be
201:21 consistently profitable and you before
201:23 you get there you got to be able to see
201:25 what these things do how they repeat how
201:28 they tend to repeat when will they you
201:32 when will
201:33 they produce these setups when do you
201:36 anticipate a price run and by having all
201:39 these things understood you can clearly
201:40 see it just in today and yesterday I
201:43 have given you the equivalent of
201:45 literally six chapters in a book that I
201:49 couldn't write in a
201:51 book these are subjects that you have to
201:54 see them in charts you got to watch it
201:56 unfold imagine me explaining to you in a
201:58 in a screenshot picture when it was up
202:01 here I believe that it could trade into
202:04 this fair value Gap I believe it can do
202:06 that I believe that it's going to use
202:09 this as a breaker because we've already
202:10 ran stops in a level that I knew the
202:13 previous day take my word for it bro
202:15 trust me right away we're at at a point
202:17 where the people are going to be taking
202:18 the book and sending it back to the
202:20 publisher say I want my money back this
202:21 guy's talking out his ASL hindsight but
202:24 see you can't do that today you can't do
202:26 that yesterday you can't do that since
202:28 last Monday when I started streaming
202:29 every day you can't do that because I'm
202:32 giving you things that are over top of
202:33 real price action
202:36 live and I let's say I took a picture
202:39 and I didn't have any of this data to
202:41 the left uh to the right of all this
202:43 here and I was pointing to this level
202:44 here saying trust me bro
202:47 this is where I think it's going to go
202:48 and then I show you the next picture and
202:49 it looks like that that's the equivalent
202:51 of what you get from people mentoring or
202:53 using Market replay how how is that
202:56 inspiring it doesn't inspire me I would
202:57 feel shitty if I was trying to use
202:59 examples like that like I have to be out
203:01 here live explaining this because if it
203:03 isn't real I can't explain it it
203:06 wouldn't be there it won't repeat right
203:09 I mean clearly you can appreciate that
203:10 even if you don't like my personality
203:12 you don't like the way I teach you have
203:14 to come to the conclusion and be real
203:18 if it's there if it's valid if the stuff
203:20 really works and if I know it then I can
203:22 communicate it and explain to you what
203:25 it's going to do conceptually why it
203:28 should do it and when now if you get
203:32 those things understood can you think
203:35 for a
203:36 moment put your put your pitchforks and
203:38 your torches down for a minute for the
203:39 people that are watching don't like me
203:40 you're just looking for little bits to
203:42 talk about and troll think about it for
203:44 a second if those two things are equal
203:47 and true that there's Sound Logic here
203:50 it really does work and it could be
203:55 timed would you agree that if you had
203:57 those aspects under your belt and you
204:00 understood those components to this can
204:03 you see how easy the entries are after
204:07 that can you see how easy the stop-loss
204:10 placement would be and how the target
204:12 where to get out and where to take
204:13 partials at because literally I gave you
204:16 the clinic on those very things today
204:18 and
204:20 yesterday and you didn't need to see me
204:22 push a button you didn't see me do a
204:24 demo you didn't see a live account you
204:26 watched me explain these candlesticks
204:28 that every human being that's watching
204:31 this indic all around the world we're
204:34 all watching the same Market it's not
204:36 like Forex where Tom Dick and
204:38 Harry's brokerage firm has a
204:40 different high or a different low a
204:41 different opening price because they can
204:43 you in the spread everybody has the
204:45 same price we're all looking at the same
204:48 thing you can't you can't get you can't
204:51 escape it you can't get around that that
204:53 aspect it's it's
204:55 real and I'm doing the lowest latency in
204:58 live
204:59 streaming I pulled out the levels I told
205:02 you where to focus that when we first
205:03 got on the
205:06 stream I was a little discombobulated at
205:08 the beginning because I was angry but I
205:10 found my
205:12 groove but I taught you
205:14 today two forms
205:16 of Turtle suit real one not wish version
205:19 not the street smarts version
205:22 okay but this one here is going to
205:24 require you to understand a whole lot
205:26 more because it's going to be very
205:27 difficult for you to sell short as it's
205:29 raging into that and I promise you there
205:31 ain't a on Twitter and a
205:33 on Instagram that's going
205:35 to take a trade as it's bold face like
205:36 that and go short and do that over and
205:38 over and over again I can do that and I
205:42 have examples of proving it with a live
205:44 account not demo
205:47 I have examples of that you can see them
205:50 you can watch Meer them you can see me
205:52 using a stop loss you can see the
205:53 targets being
205:55 hit but when I teach I teach with a
205:59 demo I teach that way because I'm giving
206:03 you an illustration inside of a
206:05 controlled environment that I'm not
206:07 going to take a loss I'm not going to
206:09 realize a profit and that means that I'm
206:11 teaching you under that medium's
206:13 limitations so that way there's no
206:16 communication here I am not trying to
206:18 tell you copy me with your real account
206:21 copy me because I'm pretending to be a
206:23 financial advisor I'm not I am a
206:26 Candlestick
206:27 Whisperer okay that's what I am I'm
206:30 telling these candlesticks when and how
206:32 to move and how to dance and I'm
206:35 teaching you the language and the sheet
206:37 music they follow that's it that's all
206:39 we're doing here that doesn't mean
206:41 buying and selling profits that doesn't
206:44 mean Equity curves going through the
206:46 Moon it just means that that is our
206:49 language here that protects me it
206:52 protects you that means I can talk and
206:54 be free about what it is I want to talk
206:56 about and how I want to talk about it
206:58 and no one can take it out of context
207:00 and say you caused me to lose money no I
207:03 didn't absolutely not
207:06 nope because if you copy me and you're
207:09 going to see down in the lower left hand
207:11 corner it's going to say paper
207:13 trading and I'm going to execute in
207:15 price action live using the logic that
207:18 I'm outlining here for my son and when
207:20 these trades pan out you're going to
207:23 have to you're going to have the problem
207:24 of thinking
207:27 okay if he can do this why didn't he do
207:29 with a live account it's because I'm in
207:31 the United States there's an
207:33 organization called the commodity
207:35 Futures Trading commission they have
207:37 tapped me on the shoulder in the 90s
207:38 because I was not using risk disclaimers
207:40 and I was telling people what to do and
207:43 I didn't know that that was against the
207:44 law then and they served me papers at my
207:48 aunts when I was living with her and I
207:49 don't want any legal trouble not with
207:52 that so I learned by lesson okay I
207:56 said okay I a never doing that again and
207:58 that's why there's rist disclaimers in
207:59 my description and at the start of the
208:01 live stream and when I see other people
208:03 live streaming that don't have those RIS
208:04 disclaimers I'm quick to tell them you
208:06 are around and you're gon to
208:07 find out you do not want to be mess
208:09 around this they back then they
208:11 loved with people and I was
208:13 growing in my community on America
208:15 online
208:17 so there you go I don't want to be in
208:20 trouble because some said you
208:23 caus me to lose money and here's the
208:25 proof proof of what that you traded with
208:27 real money when I'm trading with a demo
208:29 account you're losing that case
208:31 right away they're not even going to
208:33 worry about me because I'm trading in a
208:34 demo account you people in other
208:37 countries you think you're smart
208:39 you TR you leave condescending comments
208:41 like you're so intellectually Superior
208:43 oh you're trading with a demo account Mr
208:44 demo Trader you have no idea what it's
208:46 like in the US these our
208:49 country is so litigious they're trying
208:51 to sue everybody especially now
208:53 everybody's looking for a
208:55 lawsuit and frankly uh I don't give a
208:58 if you ever like me or use my
209:01 information I don't care I have enough
209:03 people out there that have used it
209:06 they've communicated their their
209:07 appreciation for it and I'm teaching my
209:09 son how to De it so because you're all
209:12 watching you're all watching me teach
209:15 him and because it's public I'm going to
209:18 use that Medium as the same methodology
209:20 I've used all along as a mentor I'm
209:22 teaching through the medium of a demo
209:24 account if I can't do it with live price
209:28 action where it's real time price data
209:31 if it doesn't hold up to that well that
209:33 it goes without saying it wouldn't work
209:35 in a live
209:36 account that's that's an easy litmus
209:38 test do you think that somehow that I'm
209:40 going to forget how to do it because now
209:42 there's
209:43 money real money it it's just it's the
209:45 same same thing it's the same
209:49 thing nothing's changing the logic isn't
209:52 morphing than something else I'm not
209:54 excited about or fearful of whatever the
209:55 outcome of the trade is going to be
209:57 that's the whole point of you learning
209:59 the whole point is for you to be here to
210:01 that way you desensitize yourself and
210:03 strip away all the fear and the concern
210:05 and the excitement about making money it
210:07 shouldn't be exciting what you should be
210:09 excited about is you're learning how to
210:12 read
210:13 it you're being comfortable with oh I
210:16 wasn't surprised by that I expected it
210:18 to do this I expected it to do those
210:21 things and when you get to that
210:24 conclusion it's very fun to be a traitor
210:28 because you're not going to go around
210:30 with a sharp stick where you know I've
210:32 done this in the
210:34 past it's that how I got traction that's
210:36 how I built my channel initially um if I
210:38 started a fire people would come there
210:40 and see what's burning and it's usually
210:43 the people I was pointing to and here I
210:45 was trolling them with a demo account
210:47 knowing full well I'm claming them
210:49 because they can easily come back and
210:50 say oh you're you're demo baller right I
210:52 called myself the demo baller that's why
210:54 everybody calls me that I call that term
210:57 but I did it as a way so number one I
210:59 could be disarmed what could they say
211:01 against against me nothing they can't
211:03 say I've already proven that I'm
211:05 teaching through a demo but I'm able to
211:08 see something in real price action that
211:10 they're not able to do so I had a lot of
211:12 fun with that and sure did I overstep my
211:15 bounds and and get a little too hard
211:17 with a few of them years and years ago
211:20 on baby Pips of course I did but that
211:23 that's how you you you create an
211:26 interest because otherwise I'm boring
211:29 right I'm an old fuddy duddy guy that
211:31 just talks too much so if I can cause a
211:33 fire a train wreck a car accident where
211:37 there's smoke there's fire that means
211:38 that I don't have to
211:40 advertise I'll get people talking and
211:43 then that's how this channel grew to 1.3
211:46 three what 1.33 million uh followers not
211:50 one advertisement not one and I'm not
211:53 liked by everybody and everybody thinks
211:55 I'm a
211:56 fraud everybody's like well he's not on
211:58 the leaderboard of robins cup are you
212:00 still in the robins cup yes I'm in the
212:01 robins
212:04 cup but I don't see anybody
212:06 else I've given them all this whole
212:10 year and not one of them got up there
212:14 well that's not entirely true one got up
212:15 there by
212:16 accounting eror but after that nothing
212:18 apparently it's not his circus it's not
212:20 his
212:21 monkeys that's a pretty good one that's
212:23 a pretty good excuse but I was looking
212:26 forward to I mean look we're going into
212:27 September in a couple weeks I mean good
212:28 grief it should have been easy for them
212:30 to get up there and at least make a show
212:32 right but we'll see we'll
212:36 see it's gonna be fun in December
212:39 December
212:40 31st I might come back on January 1 and
212:43 wish you all a Happy uh New Year on
212:45 Twitter I'll come back just just for
212:47 that but I taught you a lot today I
212:50 taught you a whole lot today and some of
212:54 these elements I had no interest ever
212:57 sharing
212:59 and you know granted is everything that
213:02 I thought here going to be applicable to
213:03 every one of you no some of you had lots
213:06 of your questions answered some of you
213:08 have new questions that came from this
213:09 and that's great that's great write
213:12 those questions down in your Journal
213:14 okay and
213:16 you'll see by the natural progression of
213:18 me doing this over live streaming and
213:20 talking about price before it happens
213:21 and watching and and and giving you
213:23 further details like I was doing today I
213:25 taught the only two elements of Turtle
213:27 suit there is
213:29 okay buying below o lows or selling
213:32 above old highs there's only two forms
213:34 of that it's trade Direction and and
213:38 change in state of delivery which is
213:39 this is a turtle souit for that it's not
213:42 the street smarts version of it I just
213:44 like the name okay love the
213:47 name if I had another cooler name you
213:51 know I I've used the idea in that name
213:54 since 1995 so it's kind of like why
213:57 change it I always give credit to the
214:00 inspiration of the name and the idea of
214:03 stopping out somebody because that book
214:06 those two authors they were highly
214:08 influential to me understanding being
214:12 stopped out and going the other
214:13 direction like I I didn't it didn't
214:14 cross my mind that that was a thing I
214:17 was that's how green I was as as a
214:19 Trader in the 90s early
214:21 on but it solidified it I was like oh
214:23 that makes perfect sense now oh I
214:26 no wonder okay that's what that's what
214:28 happens to me when I'm wrong I'm getting
214:29 stopped out and it's going the other
214:30 direction and I'm not aware of what's
214:32 going on and I'm in Shell Shock like a
214:34 deer in headlights I'm staring at and
214:35 watching the price keep going going
214:37 going going and now we can see when it
214:40 changes and we can be a part of it and
214:42 when we get that run that we waited for
214:44 that we went into the trading day
214:45 looking for not well I don't know what's
214:47 going to happen today let me just find
214:49 something that if you do that if
214:51 the start of your day is like
214:54 that you have an 80% chance of leaving
214:58 the day
215:00 unprofitable write that down if you're
215:03 going into the trading
215:05 day and you don't know what to expect
215:09 you're waiting for more information and
215:11 you are going to make a trade come H
215:14 high water you're going to trade you
215:16 have a 80% chance that you're not making
215:18 money that
215:19 day I'm telling you that's the
215:23 gospel contrast that with I know what
215:26 I'm looking for tomorrow in the rest of
215:28 the week this is where it's probably
215:30 drawing to if this level or that
215:32 particular level doesn't get traded to
215:34 I'll give you a perfect example
215:36 yesterday before we closed the stream I
215:37 told you that this new week opening Gap
215:39 here from the July 28th look and see if
215:42 I if it's not in there it's there and I
215:44 talked about the daily um
215:46 objectives on uh on
215:50 NASDAQ the volume imbalance the
215:54 uh the short-term high on the daily
215:57 chart all those things could be factors
215:58 for it to if it's going to continue
215:59 higher that's where it could jate to
216:02 because it's an election year they they
216:04 think that general public thinks that
216:05 stock market is a measurement of the
216:06 economy and it's not
216:10 so if you know like I was telling you
216:13 yesterday that this is a likely upside
216:16 objective well that means when I start
216:18 the day at 8:30 when I was watching this
216:21 I wanted to see it trade up there right
216:23 at the
216:24 8:30 if it would have done that hit it
216:28 and then at 9:30 went above it and then
216:31 failed I would have expected something
216:33 like this at 9:30 opening
216:35 bell because it would have traded to the
216:38 objective I gave you yesterday and it
216:40 did it on the first leg at 8:30 and then
216:44 left that smooth like that real easy
216:46 didn't go above it at all then at 9:30
216:48 if it would have poked above it one more
216:50 time that would have been a turtle soup
216:51 and I would have said right here
216:53 screenshot that while it's bold facing
216:55 up and then when it's dropping down I'd
216:58 say that's exactly what the uh Turtle
217:00 suit looks like as it forms like this
217:03 but you have to know what you're looking
217:05 for if if you don't know what it's
217:08 likely to reach for before you start
217:11 looking at your charts like you have to
217:12 have notes when you close your session
217:14 out today when you're done you're not
217:16 looking at the charts until tomorrow
217:18 whatever the next session is for
217:20 you if you don't have levels that are
217:23 key to you where you think it's likely
217:24 drawing
217:25 to you don't know what you're
217:29 doing if you're going into the
217:31 day and you don't know what you're
217:33 looking for and you just don't
217:35 know the top of your notepad and on your
217:38 charts type it
217:40 out I do not have to trade today let
217:43 that be a reminder because it's so easy
217:46 to talk yourself into a trade it's easy
217:48 to do so if you're watching me it's easy
217:50 to do so if you're watching other live
217:51 streamers and if you don't know why
217:53 you're doing what you're doing or
217:55 expecting what you expect to see in
217:56 price action in in be in the in the
218:00 moments before you turn your systems on
218:02 your computer your phone or whatever is
218:04 you used to watch the
218:06 charts if you don't have that
218:07 information ahead of time written down
218:10 somewhere either in your charts
218:11 annotated or on a
218:13 notepad if you don't know where it's lik
218:15 be drawing to next do not give
218:20 yourself the open invitation to go out
218:22 and simply trade because now the markets
218:24 are trading you have to exercise a great
218:27 deal of discipline and be
218:29 responsible now I have a lot of
218:32 experience I've been doing it for a long
218:34 time there may be moments where I don't
218:36 have a bias and I I've SE I've shown
218:39 this in my mentorship when I was doing
218:40 live streams for them when that was part
218:41 of the
218:43 mentorship I would tell them okay I
218:45 don't hold hold I don't hold a hard bias
218:47 right now so I want to see what we what
218:49 we're going to get at the opening bell I
218:51 want to see how they use the opening
218:52 range between 9:30 and 10 o'clock okay
218:56 what I'm saying is is I'm not holding a
219:01 bias that I can trust that's going to
219:03 lend to it's going to draw higher to
219:05 this premium array or it's going to draw
219:07 lower to this discount array I don't
219:09 know which direction it wants to do at
219:11 the moment before the session starts and
219:14 then when I look at the opening range
219:15 then it gives me more information then I
219:18 can say okay well they they've made this
219:20 they made this area
219:21 Jagged so then I'm going to look for
219:24 something that's a smooth area or if
219:25 it's a high impact news driver then it's
219:28 going to be what it's going to be the
219:30 liquidity below that so we don't need to
219:33 see a relative equal high or relative
219:34 equal low when there's a CPI number PPI
219:37 number or fomc or a non-firm payroll
219:39 those are the characteristics that you
219:41 do after the report you look at how
219:43 they're going to come back on the indiv
219:45 idual that would have made money on that
219:47 run I used that logic yesterday but I
219:50 also told you in advance if it goes
219:52 higher I'm not interested I'm not
219:54 interested in
219:56 that so I didn't change my protocol I
219:58 just told you this is a day I would not
220:00 be interested if it just keeps grinding
220:02 higher I won't chase that I won't worry
220:03 about it and then I want to be a part of
220:07 a day that has like this like we had
220:08 really nice we had the mess here first
220:11 then it went up to where I was telling
220:12 you yesterday it went to it perfectly
220:14 then we watched this are area here it
220:16 didn't give me an entry if I would have
220:18 used it because it's not inside the fair
220:21 Vega it wouldn't it wasn't booking that
220:23 price but the logic was it should move
220:25 from here down to the midpoint of this
220:28 Wick we watched to happen in this fair
220:30 value Gap it traded up into that and it
220:33 returned back to the six o' opening
220:35 price which is not on here anymore but
220:38 uh we went to the next quadrant level
220:42 here which is the lower quarter and the
220:45 low and then we would be attacking the
220:47 liquidity resting below that and then I
220:49 gave you measurement strategies on how
220:50 to take the high the low whatever the
220:53 quarter percentage of that range is
220:55 projected below that low that's a pretty
220:57 good ballpark figure it's not going to
220:59 give you the lowest low but it's going
221:00 to give you something that you can be
221:01 happy
221:02 with and then we get all this range back
221:05 all the way up it pierces this high and
221:08 then we broke Rak back down and where do
221:10 it trade to look at the bodies of that
221:11 candles right there look at
221:13 that you think that
221:16 random
221:18 boom swept it and now we're just
221:21 gyrating around I would not be
221:23 interested in trading anymore today I'd
221:25 move to the sidelines and I'd be content
221:27 with what we observe today what has been
221:29 logged as price action I would break
221:32 this down okay I would go through the
221:34 whole individual Day from a one minute
221:36 chart a five minute chart and a
221:38 15-minute chart and then annotate
221:41 everything like I'm doing here there's
221:42 other things in this chart I don't want
221:43 to do everything for you because if you
221:45 just screenshot my chart there's your
221:46 journal entry and then you put your
221:48 annotations here that's not what I want
221:50 to do Caleb I want you to go through all
221:52 of this and that goes for all of you
221:53 watching too don't just take my chart
221:56 and screenshot when I have annotations
221:58 on it and say you know I'm journaling no
222:00 you're not you're collecting
222:02 stamps that's all you're doing it's
222:04 that's a stupid hobby it's like
222:06 collecting baseball cards what the
222:08 the point of that that's dumb do
222:11 something else
222:13 so if like collect colog that's
222:16 a that's a that's a better hobby right
222:19 you see how everybody has their own
222:20 personality some of you probably have
222:22 some really good money in Stamps or
222:24 maybe even baseball cards I think it's
222:26 stupid and some of you probably think
222:27 it's stupid for me to have colons 430 BS
222:30 a cologne that's dumb well it's what I
222:33 like you like baseball cards you like
222:35 stamps you know you like whatever
222:38 everybody has it's different struges for
222:40 different folks but in trading it's
222:42 going to be the same thing I have lots
222:44 of toll
222:45 lots of things to get into a trade lots
222:48 of
222:50 uh criteria that you can apply and make
222:54 it yours with your
222:55 personality but your model that you
222:59 arrive
223:00 at if you made it available to other
223:02 people and saying this is what I do I
223:04 don't have a problem with that because
223:06 it's what you learn from
223:08 me you could go on on YouTube and say
223:11 this is my model it's not a mentorship
223:14 this is what what I do and this is how
223:16 I'm going to implement it and then live
223:17 stream I've encouraged my students that
223:19 want to do it I'm not trying to talk
223:21 them into it I said if you want to do
223:23 this if it's in if it's in your
223:24 personality to do so and you know your
223:27 model you don't want to discover your
223:28 model by doing that okay there's a
223:31 couple live streamers out there that are
223:32 doing that right now and that's why
223:34 they're not doing well that's that's
223:36 exactly why they're not doing well and
223:38 they're trying to sell courses too so
223:40 that's a stupid ass procedure if
223:43 if the person's failing and losing their
223:45 funded accounts and they keep resetting
223:47 and they keep proving it to you because
223:48 they show you the numbers here's the
223:50 account numbers here's my new I blew the
223:51 accounts I blew the accounts all that
223:53 stuff and they're trying to sell you a
223:56 course no matter how cheap it is
223:58 you're an idiot if you buy that and just
224:00 saying you can hate me call me whatever
224:02 you want okay but you're a idiot
224:04 if you pay money for that that doesn't
224:06 make any sense now I have
224:09 students okay I have students that have
224:12 made money they have placed on the
224:14 Robins up they have literally have taken
224:17 hundreds of thousands of dollars out of
224:20 several of the funded account
224:22 companies and they Aspire and some of
224:25 them are actually doing their own
224:26 mentorship
224:28 okay I took the interviews down in case
224:32 they haven't noticed I'm taking public
224:33 knowledge I took those interviews down
224:35 because now what you just did is you
224:38 entered a
224:39 business of
224:41 education and you went in that business
224:44 with my name attached to it some way
224:46 shape or form I am not going to endorse
224:49 your business because I don't know what
224:50 you're doing how you're conducting
224:52 yourself as a business person I'm not
224:54 saying that that's right or wrong I'm
224:55 just saying I have to distance myself
224:58 from that I had students that started
225:00 their own funded account company and to
225:03 my understanding it didn't do well okay
225:05 I don't know the rific cas around it but
225:06 apparently it it didn't do and I may be
225:08 wrong I don't know but I know that at
225:10 one time I had this state publicly that
225:13 has nothing to do with me I'm not
225:15 invested in this I have no Kickback from
225:16 it I'm not promoting it I have nothing
225:18 to do with it because you're messing
225:20 with other people's money and when you
225:22 start collecting things as payments and
225:25 you're calling it a mentorship and you
225:28 have my logo or you're saying ICT in the
225:30 videos or the advertisements or whatever
225:33 you are
225:35 indirectly pulling me into that and I'm
225:37 saying the you are I'm severing
225:40 that I am by
225:43 myself if any learns from me and they
225:46 want to make mentorships okay I've
225:49 already said this on Twitter spaces if
225:51 you have made money using what I taught
225:55 and you have made it your own model
225:59 you're not out there trying to pretend
226:00 you invented
226:01 something but this is what you arrived
226:03 at using the information and then you
226:05 show people how you use that
226:11 information I don't have a problem with
226:13 that I will never never with you I
226:15 will not say you did this I'm not going
226:17 to talk about you I'm not going to
226:19 go in your comment section I'm not going
226:20 to talk about you and say oh you're
226:22 you know Dollar Man your Mentor I'm not
226:24 talking about that the people that are
226:26 that are trying to Mentor they
226:28 know who they are they know who
226:30 they are but my students that have made
226:33 money they have proven they've made
226:35 money and they and I've encouraged them
226:37 in the Twitter spaces live publicly in
226:39 front of everybody last year I
226:40 said you have other ways of making money
226:44 okay
226:45 you may not get to the point where
226:46 you're making big big withdrawals from
226:49 your live brokerage account or through a
226:51 fronted account company you may not be
226:54 able to do that real quick but a lot of
226:57 you think that that's the only way to
226:58 get there to make your ends meet you
227:01 don't we have a huge community and yes
227:06 there's a small SE of it as and
227:08 they're just toxic people and for the
227:09 most part I think it's fun because it
227:11 makes it it livens it up for me because
227:14 if it was everybody saying oh I love
227:16 ict's Concepts I love ICT you know he's
227:18 you he's the next best thing since
227:20 raisin bread well you know that's
227:23 boring that's boring so it's
227:26 good that once in a while we have folks
227:28 that say yeah I don't think that
227:30 works or this guy's a clown or he
227:33 doesn't do this and he doesn't do that
227:34 because that that causes you to think
227:37 about it well wait a minute am I
227:40 learning this because I like the person
227:43 ICT am I supposed to like everything
227:46 about ICT to make this stuff make money
227:48 for me or am I really supposed to be
227:50 focused on what he tells me to do is
227:52 don't worry about me don't worship ICT
227:54 don't look up at ICT as a Guru
227:56 I'm not your Forex Jesus I'm not the
227:59 Futures Jesus I am a man I am fallible I
228:04 am a sinner I can I can mess up just
228:07 like anybody else can
228:10 but for the folks that spend too much
228:12 time worrying about the person me the me
228:15 the character that I allow for you all
228:17 to
228:19 see you don't realize that that is a
228:23 test it's a test do you care more about
228:28 image or what works because if you spend
228:32 all the time worrying about the person
228:36 and I've told you all along we're not a
228:38 team if you're on the other side of my
228:40 trade I hope you
228:41 lose and you could be a long-term
228:43 student if you're on the other side of
228:45 my trade I want you to
228:47 lose that's trading I didn't hide it I
228:50 didn't lie about it that's the nature of
228:52 it I'm gonna
228:55 eat if I'm on the other side of your
228:58 trade and I'm wrong and you made money
229:02 I'm impressed by that I'm not
229:05 offended by that I have students have
229:06 showed hey look you were calling for
229:08 this level this day and I I went like
229:10 this I hope you don't think dude I'm not
229:12 taking offense to that I I love
229:14 love that I love that that's a
229:18 that's an
229:19 award that's a you need a trophy for
229:23 that I'm not offended by that but some
229:26 of you think because I've done such a
229:27 really good job of being a certain
229:29 character online some of you think I
229:30 have very thin skin I don't give two
229:32 I really don't but I like to to
229:36 push buttons I like to get people
229:37 talking I have mastered social media
229:40 without any
229:42 advertising because I know how people
229:44 think
229:45 I know how to control what people think
229:47 about me how to inspire them to think
229:48 about certain things how to lead them
229:50 along and how to cut them off give them
229:53 just enough that they want more and then
229:55 overd deliver every time I want to do
229:57 it everything I do is calculated except
230:01 for this morning when this OBS
230:02 would start up I was I was mad I was mad
230:06 if I keep talking I'm get mad again so I
230:07 can't talk
230:08 about but I had
230:11 uh I had students come to me that are
230:13 mentorship students and they have asked
230:15 me if I will let them translate my
230:18 videos in their language and the answer
230:19 is no no if you think you're going to
230:22 put them on YouTube and I know there's a
230:23 couple channels that they're they're
230:25 about to get wiped out you do not have
230:27 my permission to do that okay you don't
230:31 if you want to take little clips and put
230:33 music around it I I've never with
230:35 anybody I've I've never done
230:40 that I don't have a problem with that
230:43 like I don't look at that as oh left
230:44 copyright infringement because you're
230:45 taking a small little piece of something
230:48 and you're making a little artistic
230:49 little thing and some of them are
230:51 actually kind of
230:53 cool I don't have a problem with that
230:56 but if you take my entire lectures and
230:59 you turn them in the books verbate them
231:02 and you put them on
231:03 Amazon like that's a dick
231:06 move like that's a dick move had a a guy
231:10 it's U Spanish he he put a whole B even
231:13 has my picture right from the mentorship
231:15 videos you can literally see it it says
231:17 I see mentorship it's broken up like
231:19 he's trying to hide it but I had such a
231:21 huge just a obnoxious watermark with the
231:25 usernames and the user groups and it was
231:28 a mess but I had to deal because I had
231:30 so many people leaking it and I was like
231:31 you know what this went out
231:34 there and went to Amazon and they
231:36 published this book and all it is is a
231:39 wooded down version in Spanish of the
231:42 the things I say in the mentorship and
231:45 it's trash it's literally trash
231:47 so no you don't have my permission to
231:49 translate any of my videos in your uh in
231:52 your language and then put them on
231:53 YouTube uh no you don't have my
231:55 permission to translate them and sell
231:57 them in your own country so there you go
232:00 I don't I don't have I don't extend that
232:02 privilege to anybody do you have my
232:05 blessing if you want
232:07 to use the information get good at it
232:11 build your model go out there and create
232:13 a YouTube channel where you use the
232:15 model and you actually show them this is
232:17 how I trade and then you do it and grow
232:20 the channel to whatever it could be
232:21 bigger than mine I would support that I
232:24 would congratulate you I would I would
232:26 lift you up I do it with
232:28 Tanja um there are others that are
232:31 slowly starting to find their groove and
232:34 when they get a little bit better at
232:35 what they're doing I'll I'll push them
232:37 too I'll be in their their chat just
232:40 because you're my student I'm not going
232:41 to be in there ra you cheering you on I
232:44 don't first I don't have time for that
232:47 but when I use
232:50 the
232:52 um oh gosh what's her
232:55 name I can't think of her name now I'm
232:58 embarrassed I shouldn't say it like this
232:59 out loud
233:09 but young Asian girl I can't for the
233:11 life of me I cannot I haven't looked at
233:13 her channel for such a long time um I
233:16 can't remember her name okay but uh I
233:18 was trying to get my daughter to watch
233:20 her and say look you know she's going
233:22 through the mentorship and here you go
233:25 um see what she does and see if that
233:27 inspires you and I I've come to the
233:29 conclusion my daughter's not she's never
233:31 going to trade
233:33 but the I know some of you right now are
233:37 screaming her name I just can't remember
233:39 her name and I'm I'm embarrassed I'm
233:41 sorry if you're listening I just I have
233:43 a thousand things fighting to be in the
233:44 front of the line with my head right now
233:46 but
233:47 U then you have uh Tanja where she's
233:50 she's live streaming okay and if I was
233:54 her I would have moderators in there
233:55 cleaning up her chat because when I
233:58 visit there I see some very vulger
234:00 things said directed to me like like I'm
234:04 lusting after her I see her as like my
234:07 daughter she's not physically and
234:09 biologically my daughter okay there's a
234:11 lot of people that think that she's not
234:13 but she literally looks a lot like my
234:15 daughter and her mannerisms you know the
234:18 way she does her eyes and she talks with
234:20 her eyes and that's one of the first
234:22 things I noticed about her that
234:24 resembles my daughter but her face
234:25 structure looks like my daughter
234:27 and she's using my stuff and she's doing
234:30 well with it does she lose sometimes
234:32 sure she
234:33 does it's in it's an interesting thing
234:36 for me to watch her go through some of
234:39 the emotional challenges when I see her
234:43 trying to talk her self out of the
234:45 stress she's
234:46 feeling um sometimes she doesn't do it
234:49 as well as i' like to see her do it she
234:50 doesn't do selft talk correctly she'll
234:53 say oh you know I I don't care I don't
234:55 care and she'll roll her hair back she
234:56 just sit back in her chair they're all
234:59 tells that she's just wants to say
235:02 it I'm turning it off I'm done for today
235:04 but she knows she's live streaming I
235:06 find that interesting I don't find
235:08 pleasure in seeing that uncomfortable
235:09 part but that's the things that you're
235:12 going to be met with so if you're going
235:15 to learn how to trade and do really well
235:16 and you want to be a live streamer and
235:18 YouTuber sure you can make money doing
235:20 that absolutely you can make money doing
235:22 it and you can do it without being drama
235:25 you don't have to talk bad about anybody
235:27 else um you can just stay in your own
235:29 lane and that's the best way to do it
235:32 because if you're going to do the live
235:34 streaming stuff there's everybody's
235:37 going to come there to watch you fail
235:39 that's the that's the first interest
235:41 they want to see you fail and especially
235:43 if if I'm anywhere that equation like if
235:45 you learn my stuff because they want to
235:46 go in there and then say oh yeah ICT
235:48 stuff doesn't work but then these people
235:49 are making money the levels I'm calling
235:52 out in the in their chat window is it's
235:53 it's happening okay it's they they want
235:56 an engagement they want an interaction
235:58 they want a response either from me or
235:59 the person doing the live stream my
236:01 advice would be don't even have a chat
236:04 window live stream your stuff use the
236:07 model that you built around this concept
236:09 and let your channel grow without any
236:11 drama don't give a stage to trolls don't
236:13 give a stage to people people don't even
236:15 have a comment section on anything CU
236:17 honestly even the good stuff is not good
236:20 for you too much love too much sugary
236:23 like I love your channel like you don't
236:25 need to do that they have a little
236:26 function on on the videos it's a thumbs
236:29 up I wish they would bring back the
236:31 thumbs down they have it there so you
236:33 can do it but you can't see it my videos
236:36 generally are 97 or higher percent liked
236:40 so that means I have the same type of
236:42 guys out there with their stock puppet
236:43 accounts and they going in there and
236:44 they're doing the thumbs down stuff and
236:46 that's okay I mean if if I have a 70%
236:50 like rate and some of you probably want
236:52 to see it now you want I want to see
236:54 that there's that many likes I don't
236:57 look at that stuff but I ask I'm sorry
237:00 the folks that ask me in the comment
237:02 section you know how many people do a
237:03 thumbs down because you can only see the
237:05 thumbs up my ratings are
237:08 97% mostly
237:10 98% they're liked okay um I wish that
237:14 there was a thumbs down video I wish
237:17 they would bring that back it's not fair
237:20 that if we're going to have the thumbs
237:22 up there there should be a thumbs down
237:24 too so that way you can see
237:27 that a lot of the things that people
237:29 have fallen victim to when it has
237:31 anything to do with me is it's the other
237:33 people talking about me and that in that
237:36 that influence keeps them from ever
237:39 looking at the stuff I teach and if they
237:42 catch them early with that they think
237:44 that that's hurting me I'm already here
237:46 like you're not going to take me out of
237:47 where I'm at I'm already here I'm
237:50 setting my ways I'm done nobody's
237:52 changing nothing and you after this
237:55 Caleb stuff like I If I ever make a
237:56 video again you know who the knows
237:58 I don't know but I'm not trying to be a
238:01 YouTuber I'm not trying to do that but I
238:04 can tell you that if you have content
238:07 that people like that your personality
238:09 is is friendly and you're trying to be
238:12 genuine so if you are showing any kind
238:14 of emotion that's real and I got the
238:17 most feedback when I was on Twitter with
238:19 the Twitter spaces people are asking me
238:20 to go back to that um I never going back
238:23 to Twitter you I'm never going to go
238:25 back to there my I'm not going to remove
238:26 my account but I have entertained the
238:29 idea of a podcast okay I've had several
238:31 people several companies come to me and
238:33 and like ask me what my thoughts were
238:37 about it and uh I said this year I'm not
238:40 going to make any decisions about it
238:42 because I have this project here
238:44 and before Caleb stepping forward asking
238:46 me to do this with him I just wanted to
238:49 focus on just unplugging from social
238:51 media unplugging from YouTube and just
238:54 go back to being me before baby Pips
238:57 like I just wanted to be back to to that
238:59 guy and
239:02 uh do I miss doing Twitter spaces I
239:06 do but I don't think it's a climate
239:09 where if I'm just going out there saying
239:12 what I tend to say
239:15 I I don't want any more drama you know
239:18 because people in high seats they're
239:20 they're starting to look for people that
239:22 have a high opinion or a certain opinion
239:25 and it's not that important to me you
239:27 know when it's live I have a tendency to
239:29 go off the
239:31 track and ramble and talk about other
239:34 things and a lot of you really want
239:35 those other topics like you want the
239:38 tfold Hat stuff you want the the stories
239:40 of me going through stuff and sometimes
239:43 when I get emotional you've heard me cry
239:45 you hear me cackle and laugh when when
239:47 I'm going on I laugh at my own jokes
239:51 um I've learned that those elements
239:54 where I was allowing my emotions where
239:57 if you listen to the old videos where
239:58 I'm just droning on and it's just
240:00 monotone and boring I'm not showing any
240:02 kind of emotion at all they're great for
240:05 lullabies they'll put you to sleep but
240:08 if you listen to you probably can't
240:09 sleep through a Twitter
240:11 space cuz invariably I'm going to go off
240:14 and I'm going to you know Elevate and
240:16 animate myself and and I've done it a
240:18 couple times some of it was scripted
240:19 where I wanted to to do it for a shock
240:21 value and other times it's just organic
240:24 and I would swing from one Spectrum to
240:26 the next and that part of of me I wanted
240:30 to hide that from the public like I
240:32 didn't want I didn't want people
240:35 criticizing me over that aspect and I
240:37 found
240:38 that because of that aspect and being
240:43 real and gen and letting it be organic
240:46 um that's the part that people like the
240:48 most out of everything that I put out in
240:52 content they like the lectures where I'm
240:54 like that where it's not stunted and
240:56 stilted and wooden and maybe you hear me
240:59 talk about a painful moment and I end up
241:02 you know showing my emotions where I
241:04 would have never been comfortable doing
241:05 that you know on baby Pips I had had
241:08 interest in that but my advice to
241:11 someone that wants to learn how to do
241:12 this and if you're contemplating doing
241:14 and you already know how to trade well
241:15 with it and consistently doesn't mean
241:17 you trade every day profitly but you're
241:18 you're making money over the month over
241:20 the over the
241:21 year and you want to get another income
241:25 I think that if it's in your personality
241:27 to do so and you're comfortable being
241:30 open and transparent uh I think that
241:33 live streaming like that stuff saying
241:35 here's my model you're not trying to
241:37 sell the course or the model okay you're
241:39 saying this is what I'm doing and me
241:43 implementing and using it in front of
241:44 you win or loss that's the content
241:48 that's that's why I'm doing this um I'm
241:50 doing it because it's going to give me
241:52 another stream of income if I'm liked by
241:54 other people and it doesn't matter if
241:56 people come and watch me I'm going to be
241:57 trading anyway so if you go in with that
241:59 mentality and you're not out there
242:00 trying to talk about everybody else see
242:02 I I talk about methodologies I don't
242:04 talk about people I don't point at
242:06 people
242:08 because I don't have a problem really
242:10 personally with anybody I know people
242:12 don't like me I know that they've done
242:13 terrible things and said terrible things
242:15 about me threaten this and threaten that
242:18 I get it okay but that's not changing
242:21 it's not doing anything it's not
242:23 going to change me who I am I'm not a
242:25 drama person on a family level on a
242:28 personal I don't do those types of
242:29 things but I can talk about your
242:32 methodology and if you take odds with
242:35 that then that's great because that's
242:37 the that's the button I'm pushing
242:39 because I want that person whoever that
242:40 is and it could be a lot of you to go to
242:42 go out there and defend it
242:44 if you Champion that stuff you'll go out
242:47 there and Champion it you'll go out and
242:48 and call it live explain it and you
242:50 don't have to even do a demo account
242:52 just explain it real time as it's
242:54 happening I I like watching people do
242:57 that and it doesn't have to be my stuff
242:59 because if you know what you're doing
243:01 and you're comfortable in your own skin
243:03 and you're not trying to be something
243:04 that you're not you're not trying to
243:06 pretend to be something superior but
243:10 really not doing
243:11 anything you're not going to grow you're
243:14 not going to get an audience you're not
243:15 you're not going to be able to retain
243:16 that but if you do the things that I
243:19 have discovered are actually what people
243:21 want if you have something that works
243:23 and my stuff works you have to find it
243:26 where it works for you though you have
243:28 to have a model that's comfortable for
243:29 you traing a time of day an instrument
243:32 that's conducive for you to feel
243:34 comfortable you're not trying to
243:35 reinvent anything you're not trying to
243:37 amplify it or make it better or tweak it
243:38 so that way you can say well I took this
243:40 and made it better that's what everybody
243:41 wants everybody wants to do that and you
243:44 don't need to do that I have so many
243:46 weapons all you got to do is say you
243:48 know what I like the
243:50 katana I like the bow staff I like the
243:54 Sai I like the nunchuk I like the
243:57 shuriken I like the Takagi these are all
244:01 weapons okay no one weapon is better
244:04 than the other in the hands of someone
244:07 that knows how to use them formidably
244:09 you don't want to be dealing with that
244:11 it's a bad day so if you go Through the
244:14 Motions of going through what is it I
244:16 teach the first thing is how to read
244:19 price where is it going why is it going
244:20 and when is it going to move that's your
244:23 first that's your first level but then
244:26 you find a model that tells you how to
244:28 get in and where to look for a trade
244:30 exit point and where the stop loss is
244:32 that's your
244:33 model that's it that's a very simple
244:35 thing what makes it hard is you're
244:38 trying to figure out which one's the
244:39 better one and if we're going to be
244:41 honest that's what you're all struggling
244:43 with
244:44 you're listening to so many influencers
244:46 and other people that said they study
244:48 with me oh it doesn't work I now I'm
244:50 doing this oh he complicate I don't
244:52 complicate but it is a complicated
244:55 matter for you to settle in on what
244:57 you're comfortable with because you have
244:58 to sit down and go through the motions
245:00 of figuring out what makes you
245:02 tick can you trade Against the Grain and
245:06 be a Trader that goes short up here I'm
245:08 going to bet money that most of you
245:10 aren't doing that can you grow into that
245:12 yeah it's that's what I it took years
245:14 and years and years for me to do that
245:17 long
245:18 time but being a part of a move that's
245:21 easy to
245:21 see and engaging that that's easy stuff
245:27 that's why I say entries are
245:29 easy targets are easy they're all finite
245:32 things but knowing where the Market's
245:34 going to go that's the uncertainty that
245:36 evades most Traders and for the ones
245:39 that know where it's likely to go where
245:42 they mess up they mess up by trying to
245:45 force too many things in their model and
245:48 it gets analysis
245:50 paralysis I know where it's going but
245:52 I'm afraid if I take this one and then
245:54 then I see something else forming and
245:56 then I I'm trying to do to to sort of a
245:58 a stop loss is trying to be too tight
246:00 because I'm trading with too much
246:01 leverage
246:02 right there's your problem trade with
246:05 one
246:08 contract because if you can't double
246:10 your account with one contract you sure
246:12 as doing it with 15 and five or
246:14 whatever else you think you're going to
246:15 do you're not going to do it all you're
246:17 doing is amplifying the stress and the
246:21 problem of holding on to a
246:23 trade while you're in that with
246:26 overleveraged contract size or lot size
246:28 if you're in
246:29 Forex you're going to care more about
246:31 the
246:32 fluctuations of profit and loss it's
246:34 taking money from me it's putting money
246:36 in there I'm at a new Equity high in the
246:38 trade oh I gave back half of the
246:40 trade I probably should have got out now
246:42 you're worried about something that's
246:43 probably never going to be a factor if
246:45 you had one lot on or one contract as a
246:47 Futures Trader that retracement here
246:50 like if you were short here and you
246:51 watch it trade back up to there that's
246:53 about 50% of of a retracement on an open
246:56 position I'm not fearful of that that's
247:00 why I'm not in a rush to push my trades
247:02 real fast you to taking my stop loss
247:05 jamming it into a certain measure of
247:07 guaranteeing make big profit because I
247:10 know the first return after a nice entry
247:13 can go as much as 60% of a retracement
247:16 meaning that it could trade right back
247:18 to the area I entered at and that
247:20 doesn't change anything it just means
247:22 that hey that might be an opportunity
247:24 for to add another portion on or okay is
247:29 it really spending too much time back at
247:30 that 60% of retracement or more than 50%
247:33 of what I've already seen as an
247:34 unrealized gain in other words if I'm in
247:36 a trade and I say I have make it easy
247:38 say I have $1,000 in open profit but
247:40 it's not been realized or closed and
247:42 then it retra is against me back where
247:45 I'm down over $500 up in open profit but
247:48 not realized haven't closed the trade it
247:50 hasn't gone back to my stop loss it
247:52 hasn't gone below profit but I'm now
247:54 only up 450 bucks or
247:56 whatever that doesn't make me second
247:59 guess the trade or change my mind about
248:01 the trade I better get
248:04 out and I'm going to C to you to watch
248:07 this portion where I was covering all
248:09 the stuff in here today where it kind of
248:11 helps you formulate
248:14 a process or a mindset on
248:20 anticipating this e and flow this give
248:23 and take that the Market's going to do
248:24 while you're in a trade and if you don't
248:26 get accustomed to seeing some of that
248:28 profit come back into the marketplace
248:30 and come out of your account and trust
248:32 that that's a normal
248:34 process it's normal for that to happen
248:37 we all want these types of Trades where
248:38 you get short here and it just runs away
248:41 quick it doesn't even have any retracing
248:42 at all ever every new Equity High stays
248:45 there and adds more to it until the
248:47 trade hits the limit order and you get
248:49 out that's not realistic but I have
248:53 found that when I was giving my
248:56 examples people would say I I see your
248:58 examples and I want my trades to pan out
249:00 like yours but they don't realize is I
249:02 was speeding them up because I had to
249:04 force them on Twitter inside of one
249:06 minute and 20 seconds because that was
249:08 the time limit I had to have for those
249:10 those trade videos to be shown so i'
249:12 condense some sometimes an hour maybe 45
249:15 minutes or 30 minute trade I would speed
249:17 it up not because I'm hiding anything
249:19 there's nothing to hide it's all there
249:21 you can see
249:22 it but it had to be forced into a small
249:25 space of time and then I I would record
249:28 a song and place it at top of it but
249:30 because they would watch those videos it
249:31 was actually and I didn't realize it
249:33 until after most people were coming back
249:34 to me and give me this feedback they
249:36 would say well you know I'm in these
249:38 trades and it's hard for me to hold them
249:39 why because you watch my trade videos in
249:43 this span of a truncated song of 1
249:47 minute 20
249:48 seconds you're expecting your profit
249:51 objectives to be met in very super hyper
249:53 speeds because what are you watching
249:56 you're you're activating your particular
249:58 activating system seeing these things
250:00 happen on a sped up chart with a real
250:02 execution in live market conditions not
250:05 always a demo sometimes it was in a amp
250:10 account sometimes it was in a tdmr trade
250:12 account
250:14 they're real Brokers that's not they
250:15 that's not a paper trading account that
250:17 was
250:18 real but these videos these examples
250:21 because they were sped up you're being
250:24 entertained because it's me doing an
250:26 execution you're being entertained
250:27 because there's a song and a lot of not
250:29 everybody but a lot of people said I
250:30 like your song Choices and then you're
250:34 watching the duration of it so what are
250:37 you taking in your subconscious is
250:38 saying when I take a trade I'm going to
250:41 have that fast run
250:43 and I no longer want to do those type of
250:46 videos because the feedback I got nobody
250:48 was complaining about that video or
250:51 those videos they were saying please
250:53 give us more but what I was getting back
250:55 in the comment section or emails they
250:58 would say I watch your videos and I'm
251:00 inspired by that but when I get into a
251:03 trade it's just I can't hold on to them
251:05 because I I I don't have the patience
251:07 and I realized I'm probably a very large
251:10 contributing factor to that because of
251:12 the the
251:14 the way I was giving that sped up
251:16 example I thought I was doing something
251:18 cool and I still think it's cool but
251:21 through the lens of a new student for
251:23 someone that's brand new that's never
251:25 really done it before it kind of like
251:27 without not being the intended purpose
251:31 it has an effect on them by Framing an
251:33 expectation in terms of the duration of
251:36 how these trades can pan out it makes it
251:38 feel like they're going to be very fast
251:40 and if you realize that a lot of those
251:42 videos were long longer than 40 minutes
251:44 in
251:45 duration they're not all smart money
251:48 Concepts delivered in 5 minutes it's
251:52 you're trading an hours range okay and
251:54 there's a nudge nudge hint hint for you
251:56 but the point is these moves these runs
251:59 because I've sped them up for the
252:00 purpose of fitting into the bandwidth
252:02 and time constraints that Twitter placed
252:04 on me and adding a song to it I I
252:07 supercharged the Allure around it and I
252:11 showed the stuff working but you're
252:14 getting
252:15 trained you know indirectly but not by
252:18 Design to anticipate the trades panning
252:21 out just like that in speed for you
252:23 based on time and it was something that
252:27 no one complained about but I I have
252:30 come to the conclusion that that is the
252:32 large contributing factor because what
252:34 else would it
252:35 be what else would it be because if
252:39 you're seeing the trade examples and 95%
252:42 of were always sped up and shown on
252:46 Twitter it was a m it was a it was a way
252:49 for me to inspire you to say this stuff
252:52 works this is what it looks like go
252:53 through your charts and find the same
252:55 information but mostly it was just
252:56 people watching it for entertainment
252:58 value and saying I'm inspired I'm G to
252:59 go out and try to trade like that and
253:03 then they're they're they're
253:04 uncomfortable because now they're in it
253:06 it's been 30 seconds it's been 2 minutes
253:07 and 50 seconds it's twice as long as the
253:11 the time limit that they were used to
253:12 watching my my trades pan out because
253:14 they've been sped
253:16 up just to make it fit the time window
253:20 that Twitter videos because of my
253:22 membership or whatever the limitations
253:24 were it used to be just that was the
253:25 limit you couldn't go beyond like one
253:26 minute and 20 seconds so my my videos
253:29 would always be like one minute 19
253:30 seconds or whatever and sometimes they
253:32 would reject the video and have to
253:33 compress it again to just get below that
253:35 their their little limit they would have
253:37 on me and my understanding is I think
253:39 you can make a longer video now but I
253:40 don't give a I'm not making those
253:42 videos anymore
253:44 so I've learned a lot as a mentor like I
253:46 I've I've taken things that were
253:47 directly given to me as feedback I've
253:49 looked at things that I felt like I was
253:52 doing a good thing and other people
253:56 didn't realize it and I'm saying it now
253:57 maybe some of you might think yourself
253:59 yeah it makes sense that it probably was
254:00 a contributing factor and now I got to
254:02 stop thinking about that the trade has
254:04 to pan out fast and I have to submit to
254:06 time which was the very first thing I
254:08 taught when I was on baby Pips just
254:09 relax you got to submit the process
254:11 submit to the time it's going to take
254:13 much longer and your trade doesn't have
254:15 to go fast to your target it's fun when
254:17 it does it's absolutely fun when it does
254:20 that but it doesn't have to do that
254:23 doesn't have to do those things to be
254:25 profitable
254:27 so anyway I've said a lot of stuff today
254:30 I'm hungry it's almost two o'clock I'm
254:33 giving you a whole lot of information
254:36 and I probably talk to you through
254:39 your your mundane work
254:42 day I've probably kept you up in uh in
254:44 other countries thinking let see with
254:46 this stuff talk I'm afraid I'm going to
254:47 miss
254:48 something you're not going to miss
254:50 anything okay it's it's all going to be
254:52 in in the
254:56 replay but I've had fun today I'm hungry
254:59 I'm going to close this I'm going to
255:00 wish you all a very pleasant day evening
255:02 whatever and Lord willing until I talk
255:04 to you tomorrow hopefully I'm G to try
255:06 to I'm going to try to start the stream
255:09 early but it'll it'll sit there with my
255:12 mug looking at just to make sure that I
255:14 got everything going on that way it
255:16 hopefully at 9:15 it'll it'll go off
255:20 without any hitch but today was a very
255:22 technically challenging day for me I I
255:24 it wouldn't comply it wouldn't work with
255:26 me so it took me out of my my train of
255:29 thought but I think I salvaged a good
255:31 one today I gave you a lot of
255:32 information I covered the turtle soup
255:34 stuff I wanted to talk about and
255:36 everything else is
255:37 there I'm going to try I can't promise
255:40 that it's going to be successful because
255:42 you know I tend to go on a rant and
255:44 every time I say we're going to close it
255:46 we go another hour keep going ICT you
255:49 said four o'clock we're here for it baby
255:51 but
255:52 the the
255:54 uh the live streams as I go through and
255:57 progress on different subject matter I'm
256:01 going to try to be
256:02 mindful of transitions from one subject
256:05 matter to the next um I know these are
256:08 very very long cataloges of information
256:13 so what I'm entertaining the idea of I'm
256:16 not promising I'm going to do this I'm
256:18 entertaining the idea that might that
256:20 means I might try to do it going
256:23 forward when I talk about specific
256:26 elements of the discussion like for
256:27 instance when we were talking about the
256:28 turtle soup aspect okay you know
256:32 yesterday I was going to talk about that
256:33 as a subject matter today but I didn't
256:35 go right into that subject matter
256:36 because we were watching live price
256:37 action I was giving you counseling over
256:39 what to expect what not to expect
256:41 telling my son this is what you're
256:42 looking for this is what's good this is
256:44 what's not good all those things being
256:47 gerine to the discussion and why I'm
256:48 even doing the live streams
256:51 but I want to kind of like write down
256:53 the time when I transition from one
256:56 subject to the to the next and then I
256:59 will give you in a comment underneath
257:02 the live stream or maybe in the
257:04 description I'll give you a breakdown of
257:05 you know what I'm covering in
257:08 there if you are one of my students that
257:11 have uh
257:13 always done this with my videos I have
257:15 some students that literally will give
257:16 you the minute marker of every
257:19 video I've ever made and what I was
257:20 talking about like they're they're
257:22 amazing at it they catalog and index
257:24 things so well but they were doing it
257:27 for themselves and sometimes I would uh
257:31 I would promote those those comments in
257:33 in the in the videos so that way people
257:36 can say okay well he they're doing it
257:37 for themselves but I'm going to borrow
257:39 that so that way everybody can see this
257:41 is where I'm talking about that that was
257:43 actually a cool thing I didn't really go
257:44 through and verify all that stuff so
257:46 what I'm going to do is ask you all as
257:48 the community not that all of you need
257:50 to do it okay it's not a homework
257:52 assignment because there's a lot of
257:52 things going on in the world and there's
257:53 enough for you to go through with the
257:55 content but for people that just do this
257:56 anyway and you write down and you log
257:59 where I talk about certain things and in
258:01 these long videos and these long long
258:03 live streams if you're willing to um you
258:07 can leave that type of information just
258:09 leave the title and the date of the live
258:10 stream just comment and reply to uh
258:13 whatever the most recent Community post
258:15 is because when I look at the posts um I
258:18 just go through all the video posts that
258:21 say for review all my comments generally
258:23 are for review so I can go through and
258:25 see what people are saying and if I if I
258:28 get if I get at least two or three of
258:30 you saying that this is generally where
258:32 I'm changing gears and I'm talking about
258:33 this is where he start talking about
258:35 turtle soup this is where he's talking
258:36 about entry strategies this is where he
258:37 talks about stop loss placement and how
258:40 to use smaller stop losses I cover those
258:42 things today okay and I know that there
258:46 are people that are trying to spoon feed
258:48 the people that don't want to sit and
258:50 listen to the entire thing so I'm going
258:52 to strangle them okay because they're
258:54 trying to make YouTube channels out of
258:56 splicing right to the Nuggets okay I'm
258:59 going to can cancel that whole necessity
259:01 for that by putting
259:04 timestamps in these long- winded uh
259:06 presentations so that way you can go in
259:10 by index and say okay this is the video
259:12 he talks about this this this this and I
259:13 can click on it I'm not saying I'm going
259:15 to go through the business of going in
259:16 and doing the hyperlinks right to that
259:18 that minute marker but I would
259:21 appreciate it if some of you want to
259:23 help in this regard um it doesn't mean
259:26 I'm going to make your comment visible
259:27 it just means that you know if you're
259:29 already doing it don't start doing it if
259:31 you don't want to do it okay but if
259:33 you're already doing it if if you want
259:35 to make that available to me in the
259:37 comment section it would be a personal
259:39 uh matter of me appreciating that and
259:41 saying thank you for your your
259:43 assistance with it but going forward I
259:45 intend to do that but for the ones that
259:47 we've already done it's been six this is
259:49 the sixth live stream I think yeah sixth
259:50 one six one so the sixth the 5ifth
259:53 fourth third and two first one whenever
259:56 I'm changing subject matter or I'm
259:58 amplifying something and then I return
260:00 back to something that was being
260:02 discussed earlier that would be
260:03 beneficial to other people because I get
260:05 a lot of questions and they think I have
260:07 an index of what video at what time in
260:09 the video I don't do that but I can
260:12 see a use for it because I am very
260:14 long-winded because I'm giving a clinic
260:16 like I'm literally writing books audibly
260:19 like I'm doing an audio book
260:21 every day with y'all I'm literally
260:23 giving that much information and you
260:26 think it's just a small amount of
260:27 information you could cut this down the
260:28 five minutes the I can okay you
260:31 can't you cannot do today's lecture in a
260:34 a small little span of time because
260:35 there's so many things that are
260:37 contributing elements to it and yeah I
260:40 had a lot of a lot of fluffing talking
260:41 in it but but you still can't reduce it
260:44 down to a very small video there has to
260:46 be other things and you're going to need
260:47 other videos and lectures where I've
260:49 done other discussions to amplify and
260:52 further explain what you don't fully
260:55 understand just because I talked about
260:56 it or mention it briefly here like the
260:59 breaker if you've never seen the breaker
261:01 before what the hell is a breaker where
261:03 is the breaker's entry mechanism what
261:06 validates it as a breaker these are all
261:07 questions you probably if you've never
261:09 heard it you're like okay what is a
261:10 breaker where can I find information on
261:11 a breaker how you trade a breaker you
261:13 know what what validates a breaker what
261:15 invalidates a
261:16 breaker so I already know the questions
261:19 you're going to come up with but they're
261:22 already answered in other videos that
261:25 you should have already watched before
261:26 watching this one but you can't be that
261:28 way if you just discover the channel so
261:30 you got to take it in bite-sized pieces
261:32 and just know that they're in the
261:33 mentorship videos the 2016 and 2017
261:37 playlists on this YouTube channel go
261:39 through them okay um and that's it I'm
261:43 going to get off here I wish you all a
261:44 very pleasant day I had fun hope you
261:46 learned something if you did if you
261:47 liked it enjoyed it give me a thumbs up
261:49 that's our currency here there's no uh
261:52 there's no PayPal links required and
261:54 I'll talk to you tomorrow Lord willing
261:55 till then be safe
261:59 [Music]