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0:00folks. Welcome back. All right, so I got
0:02just a few minutes try to wrap this
0:05little bit of a review up and teach you
0:08how I used my Obsidian model [snorts]
0:11yesterday. Uh but before I get into it,
0:14I just want you to remember that last
0:17week I gave you two specific daily chart
0:21premium PD arrays. Okay, so as I
0:24mentioned, we have to take one PDA array
0:26at a time. It's one thing to say we're
0:28going to go to ultimately new all-time
0:30highs. It's easy to say we can go to
0:32these relative equal highs. We can
0:34easily say it can go here. It could.
0:36These are all things that could happen.
0:39And these relative equal highs I
0:41mentioned last week. We got to those.
0:45But when I said that we have to take one
0:47PD at a time, it's important because
0:53it's marrying the vein. Okay, which is
0:55an old
0:57gold miners expression. Okay, you find a
1:00little bit of gold, a couple flakes
1:02here, a couple nuggets, and then you
1:04think that if you keep digging long
1:06enough, you'll eventually get the mother
1:07lode. And that's what happens in trading
1:11many times. So, I I went through the
1:13process of giving you several things
1:15last week. These relative equal highs,
1:17which we cleared, okay? And then
1:23told you that we would
1:25utilize this wick
1:29which is a premium array. So I'm going
1:31to take all of the
1:34octant and gradient levels off
1:37and just leave the consequent
1:39encroachment level. Make sure it's on
1:41the darkest one.
1:44Okay. and utilizing this wick. If price
1:47is bearish,
1:50then it will show its bodies in the
1:52lower half. If it's bullish, which would
1:55be indicative of running towards this
1:58high and these relative equal highs and
2:00maybe go to an all-time high. If it
2:02can't post the bodies above this
2:05midpoint,
2:07that's a problem.
2:09That's that's hard to get behind that
2:12for bullishness. Okay? You see how
2:14visually easy that is to be represented
2:17in candlesticks.
2:19Now, obviously, I know there's a whole
2:21lot more things behind these things, but
2:25to create a language that makes it
2:26easier for you to see, that's visually
2:30pleasing that you can see easily. There
2:33isn't requiring a whole lot of thought
2:34process. This is the rules. Okay.
2:37Bearishness is supported by the lower
2:39half of the PD array. The bodies are
2:42going to stay in the lower half and out
2:43of the upper half when bearish. Bullish
2:47order flow, the price will have no
2:49problem burying bodies in the upper
2:51half. And then if it trades down to PDAs
2:54that are below market price, the upper
2:56half should show discount sensitivity
2:59and it should have no willingness to put
3:01bodies in the lower half of the PDA.
3:03Okay, that's a very simplistic thing and
3:06nobody else has that. Okay. So, when
3:09you're asking me questions like this and
3:10yes, I'm responding to another student,
3:15you have to look at the logic that I'm
3:16teaching. Just because I draw a
3:18rectangle like this inefficiency I
3:20talked about last week as well. Just
3:22because I do this,
3:27okay, does not mean it's a supply and
3:29demand zone. Nobody else in any school
3:32of thought would have went to this gap.
3:34Nobody would have done that. But yet, I
3:36did last week. Okay. And I want you to
3:39think about how price reacted yesterday
3:46when I tell you why I felt that markets
3:50were going to trade softer yesterday.
3:52This is the reason why I felt it was
3:54bearish. Okay. For the folks that were
3:57asking, you know, why did you think it
3:58was going to go down? We gave you the
3:59bearish uh idea. Look closer. Watch.
4:04As I indicated last week, you have to
4:07take one PDA at a time and you can't
4:10just make the whole idea based on your
4:14your will, your desire, what you want to
4:16see in price action. And I know it's
4:18hard when you're brand new. You don't
4:20have a whole lot of things to hold on to
4:21in terms of experience. So the
4:23experience you're going by is the thrill
4:25and exhilaration or maybe even the
4:27anxiety that you're feeling while
4:29participating in either a demo account,
4:31a funded account challenge, a funded
4:32account that you maybe are aiming to get
4:34a payout or you're dreaming real money
4:36and it's a live execution. So
4:40before we can get to this high, we still
4:42have to prove ourselves here or the
4:45proof the price has to prove itself that
4:48this inefficiency here which will be
4:51used because my PD arrays are not like
4:53supply and demand. Supply and demand
4:55becomes stale. They want fresh zones. I
4:59don't deal with expiration dates. Okay?
5:01Only only the futures market contracts
5:04expiry is the only thing that expires
5:06around here. But
5:09this wick is below the high of this. See
5:14the high of that wick right here? See
5:15that? It's lower than this candlestick's
5:19low, which means it's lower than this
5:21inefficiency or cibby sellside and
5:24bounce by side efficiency.
5:26This gap's high is higher than this
5:28wick.
5:30This gap's high is lower than this
5:32candlestick's high. Those three PD
5:36arrays are what I talked about last
5:37week. But we have to take go back and
5:40listen to the lectures. We have to take
5:42one PD array at a time. So when we're
5:45dealing with this wick, if we're
5:47expecting price to go up to this level
5:49here or clear this inefficiency,
5:53what do we want to see in terms of my
5:56logic? My logic as it relates to
5:58visually represented in candlestick form
6:01only the order flow institutional order
6:04flow can be visually represented inside
6:06of the open high low and close of a
6:08candlestick. Okay, they can't hide it.
6:11They cannot hide it. What do I mean by
6:14that? Well, if we I'm just going to
6:16extend this over just a little bit.
6:20Friday, look where we closed.
6:23We closed at the low
6:26of this cibby.
6:30That value is this candlestick's high,
6:32which is 30,157.75.
6:36So just remember 57.75.
6:40This candlestick's close,
6:4354 even.
6:46So it's three and a half handles lower
6:49than this candlesticks high which is the
6:52low of this sell sign and balance buy
6:53sign in efficiency. If it were indeed
6:57bullish
7:01why was it able to close below the
7:04inefficiency? Doesn't that indicate, as
7:06I teach, early warning signs that it's
7:09probably not likely as bullish as we all
7:12would like to see it be if it's going to
7:14go for all-time highs? It's an early
7:16It's an early warning sign basically.
7:19Then on Monday, we open here. We rally
7:24all the way up to the high of that
7:26inefficiency.
7:30Couple handles above it, which is
7:32permissible. Remember, we're dealing
7:33with a daily chart. Okay. So, if we look
7:36at that candlestick's low comes in at
7:4030,337
7:41half. So, 337 half and the high was I
7:46think was in the 40s.
7:48Yeah. 343 even.
7:52So six and a half handles or five and a
7:54half handles rather which is very small
7:57thin margin for disparity between
8:01this specific candlestick's low which is
8:04the high of this civvy again this little
8:06gap right here from that candlestick's
8:08low
8:11that candlestick's high that's the very
8:13gap I talked about last week
8:17so we opened up
8:19not above consequent encroachment of
8:21that gap
8:23not above the consequent correction of
8:25this wick.
8:27It was below
8:29and then it rallied all the way up to
8:31the high and then started coming down.
8:36Okay. So, when I'm looking for price to
8:40get into a short, if I'm getting early
8:43warning signs that last Friday we closed
8:45below a key PDR level, which is the low
8:48of the CBI
8:50there, which is this candlestick's high.
8:55Then we opened not with a gap higher. We
8:58didn't get that. We just had a gap
9:02small little you separation between the
9:05two. if you're looking at the daily
9:06chart, but then it rallies up and goes
9:10to the high of the CBI, but it can't
9:13mount a continuation.
9:15So, because it's done this,
9:18I'm going to probe a run back to new
9:21week opening gap.
9:23New week opening gap. We're going to
9:25look at now on the daily chart. know
9:28that these things were attributes to the
9:33storyline or narrative that I was using
9:34for why I would expect price to go lower
9:37at yesterday. Okay. And look where we're
9:39at today.
9:41So,
9:43we have a few things. Let's go back
9:45through and remove all this if I can get
9:48my annotations back on.
10:00So, we're down until one minute time
10:01frame
10:03and we're going to scrub on over here.
10:10I know, I know. Use the calendar. It'll
10:13save a whole lot of time. What if I want
10:15to put you through this?
10:19I know it gets on your nerves. All
10:21right. Right. So, here's the business.
10:22Uh, we have
10:25price trading up. This is that run into
10:30that
10:33daily cibby and just running just above
10:36it by a little bit. Remember it was the
10:39three uh 30,000 337 half was the uh very
10:45specific price level
10:47and then we went above it by six and
10:49five and a half handles trading right
10:51there. So there's that little tiny
10:53little movement above
10:55the daily cibby that I gave you last
10:57week, what we just talked about on the
10:58daily time frame before dropping down
11:00into the one minute time frame. So,
11:03we're looking at
11:06price
11:08trading to this level here, which is I'm
11:10delineating two two points of time,
11:15and it's the high of 7:00 in the
11:17morning, Eastern time, Monday to 9:00
11:20a.m., and you know, about that time.
11:21It's the pre-market session time. So,
11:23those two book ends, their parameters on
11:26that uh that time range. Okay? And I
11:31think it would be very easy for you to
11:32agree that this high down to that low is
11:36the dealing range. You see that?
11:39So when we see a trend, go back and
11:43listen to the trader roundup
11:46from over the weekend. Okay, people were
11:48asking me, you know, what do I do? What
11:51am I looking for? What if I only do this
11:53and this is the only time I'm trying to
11:54trade? And I use this very example right
11:56here. Okay, right out of my mouth.
11:59Saturday into the market Monday between
12:027:00 in the morning and 9:00 in the
12:04morning. If the market is trending,
12:07then you're probably going to get a
12:08little bit of consolidation and
12:10rangebound uh price action initially in
12:13the morning.
12:15Did we not get that? Sure it did. But
12:18this is what you're going to grade the
12:20high down to the low. So there's your
12:24quadrants and your octants. Okay.
12:29Ideally,
12:31you want to see price action if we're
12:32looking for lower prices, which is the
12:34new week opening gap down here. And
12:36we'll scrub back over here, show you
12:38where it came from.
12:41There it is. There's that gap. So,
12:44that's new week opening gap.
12:48And
12:52we have price meandering around in here.
12:55So, what I was looking at is when we
12:57first created the uh
13:00the short-term little low right here and
13:03rallied up creating that high
13:07when we started to trade softer
13:11the 30,137 half level. I'm going to show
13:14you where I got that from, why I posted
13:15it yesterday.
13:21from here to that low
13:25and then dogative
13:28five
13:32wrong.5. There it is. Okay. And you'll
13:35see it down here.
13:38See
13:40now because I think that's a draw. Why
13:43is that a draw? Because it's the first
13:46leg from here using what? the low of the
13:50dealing range between 7 o'clock and nine
13:52o'clock. That's not random. That's not
13:54random, folks.
13:56These are the things I tell you to look
13:57for. And I'm using the same logic all
13:59the time. You know the logic that
14:01everybody says doesn't work. We hired to
14:04train credited staff and we couldn't
14:06automate it. So, it doesn't work. You
14:08just failed in automating it. You don't
14:10know all the rules. So when you read
14:12people say those things or listen to
14:14them say those things and you just say,
14:16"Okay, well, I'm going to go at their
14:17word and I'm not going to look at it any
14:19further on my own." You cheat yourself
14:21from all of the wonderful opportunity
14:23and discovery of being here. I'm not
14:27holding you hostage, but if you don't
14:28want to be here, don't be here. But if
14:30you want to learn,
14:32take the opinions of others and mute
14:35them. You'll find the evidence. If you
14:38stay with this long enough, you'll find
14:40all the evidence. you'll ever need and
14:41nobody will ever need to encourage you
14:43anymore. But this high that formed at
14:479:32, not because it's a specific
14:49number, it's just that's the high it
14:51formed after 9:00 and then started
14:52trading softer.
14:54It was already moving lower before I
14:56posted this level.
15:00It's an evolving projection. Meaning
15:02that while we had this high here down to
15:05this low, we can then use any higher
15:09high than that, which is what we get
15:11over there. Now, this high is important
15:13because it's doing several things.
15:17I'm going to take this off. Just
15:18remember the 30,137 half was just two
15:21ticks above the 137 level projection
15:24based on the low that anchored from
15:26between 7:00 and 9:00 in the morning
15:28Eastern time to the initial high it
15:31formed after 9:30 opening.
15:34So it also traded up into that cibby
15:39traded down to the new week opening gap
15:41rallied up failed to take out that high
15:42on this rally.
15:45This low took out that low. So, it's
15:47doing the very things I talked about
15:49Saturday. And I talked about this before
15:51where if the pre-market session time
15:53between 7 o'clock in the morning, 9:00
15:55in the morning, Eastern time,
15:58if it's trending in pre-market session
16:01price action, it's not going to be a
16:04clean price run in the morning. Now,
16:06couple that with if I'm saying that
16:09we're going to look for 30,137
16:13half,
16:14that's down here.
16:19So what am I indicating there? I'm
16:21indicating that I'm expecting price to
16:23go lower. But it has to do what after
16:269:30 opening. Ideally, we want to see a
16:28Judas swing. It's some measure of
16:30protraction higher. That's where smart
16:33money kind of like draws in the crowd to
16:36chase it going long. That's this all
16:40this price action right up here. And
16:42what is it doing? It's going above half
16:44of this range.
16:46right here. That's the consequent
16:49encouragement
16:50of this range
16:53or in this case because it's a range is
16:54equilibrium. So it's high to low halfway
16:59point here. We're really in a premium
17:01now and it goes up to buy side sweeps
17:05this out there.
17:09So what do you think it's going to
17:11likely do?
17:13It's already returning back to an old
17:14pool of liquidity
17:20over there. So last Friday
17:25morning session,
17:27this area here, it's being swept. Why is
17:29it important? Because it's already done
17:30this, Michael. Why? Why are we even
17:32concerned about that? Because during
17:34this period of time, that's electronic
17:36trading hours.
17:38So price needs to book real delivery and
17:42it may require redelivery to levels
17:44we've already seen in overnight globeex.
17:47Okay, so overnight London session, that
17:49type of stuff, Asia.
17:52So we're going to need to see this level
17:54be traded to if we're opening up down
17:57here as we did yesterday at 9:30 Eastern
18:00time.
18:02So now this thing can evolve further
18:06where we can now take this high and then
18:09anchor it down to not only this low here
18:12but we've already breached this low. So
18:14now we can use this low here. So we have
18:17high to low and we can then do a
18:20measurement
18:22from high. I'll fix that in a second to
18:25that low.
18:28So there you are. two different
18:31price points. And then now you can do
18:33your projections.
18:36A reasonable one would be down here. I'm
18:37going to change this to um [snorts]
18:41we'll do in honor of prints again.
18:46There's a standard deviation between
18:48that low that high. Not a bad little
18:52target right there. Okay. And that comes
18:53to 30,90 even. Okay. But because it's
18:58moving lower on the daily time frame and
19:01it failed so much yesterday based on
19:03what last week's PDAs were indicating,
19:07we didn't open up with a gap higher
19:09Sunday. It wasn't any kind of real
19:11significant influence to suggest
19:13continuation right out the gate this
19:15this week. We can then now do
19:17projections like this. We can do -1
19:22and we'll make that also purple. And you
19:26can project.
19:28There you go. So if it takes out this
19:29leg's low, we can see if it can reach
19:31down into this level,
19:37goes a little bit sideways.
19:40Ultimately,
19:43it picks that level off
19:46and it breaks even further
19:50and overnight
19:52broke even lower
19:55and lower and now we're here. Okay. Um,
19:59I will say that if you look at regular
20:01trading hours,
20:07there's a bit of business down here
20:11everybody should be aware of. We have a
20:13huge gap that never has been traded to
20:16beyond what it's done here.
20:20So, just be mindful of this area right
20:22there. Okay? This is a rough idea of of
20:25what potentially could be evolving if
20:28we're going to see follow through going
20:30lower. This inefficiency and the sell
20:33side resting below there. Now, that's
20:34all I'm going to add to this. Now, let
20:36me go back and re revisit what I did and
20:38why I did what I did.
20:41All right. So, let's take this off
20:46and inside the scope of yesterday's
20:50trading session.
20:52Grading out the 7:00 to 9:00 in the
20:54morning Eastern time pre-market session
20:57dealing range like we did
21:00here. Carry that forward. We have
21:02initial rangebound choppiness. Okay,
21:05it's not random. It's not beating you
21:08up. If you don't know what you're doing,
21:10it would be, but trades down into new
21:12week opening gap and then starts its
21:14protraction higher, clearing out the
21:15high of the morning and clearing the
21:18high over here where this nice dynamic
21:22drop where yesterday on a short little
21:2410-minute video, I told you that I'm
21:25looking for new week of gap when it was
21:27trading here. So, that's bearishness.
21:31It got down to it several different
21:32times in here. It rallies up, clears the
21:35buy side, and because it's done that
21:37with all things being equal, as I
21:39indicated here, it didn't give a strong
21:41showing at the new week opening gap. We
21:43only went up on
21:46this rally here to tap the civi high on
21:50the daily chart,
21:52which the high was 30, 337 half, and it
21:57went five and a half candles above that
21:58to create the high
22:01at 43. So 30,43.
22:04So that is the little tiny little blurp.
22:08Okay. Above the high of that civi and it
22:12doesn't stay there long. See how quickly
22:13it gives up the ghost. And then we went
22:16up into this level here which creates
22:18the high of 7:00 to 9:00 in the morning.
22:23Mid-range equilibrium of this range from
22:25high to low between 7:00 in the morning
22:27and 9:00 in the morning. Forget
22:29everything else that's in the price ch.
22:31chart right now. You're only worrying
22:33about this range.
22:35Okay? You don't care about this because
22:37this was them doing what? A wick on the
22:40daily time frame. The wicks can do the
22:43damage. Disregard that. The real story
22:45is going to be between the book ends of
22:477:00 and 9:00 in the morning. This is
22:49what we've been teaching. Okay? High to
22:53low. Grade that. Carry those levels
22:56forward.
22:58When we get to this protraction going
23:00higher, we get a buyside liquidity pool,
23:03it takes the liquidity. Does that high
23:05hit the upper quadrant of that dealing
23:08range, high to low, which is this level
23:10right here. Does it hit it? No.
23:14If it would have,
23:16I would have added more there. But now
23:20we're going to drop in closer in price
23:22action. You're going to see Obsidian
23:23now.
23:27Obsidian is a PD array
23:33where you see a wick like this.
23:38While I'm expecting price to eventually
23:39turn and go lower, I look for these
23:42wicks like this. And then if there's an
23:43opposing wick that forms, it has to be
23:46above it. Now,
23:48this wick and then we have this wick
23:50here that's going the opposite
23:51direction. So, what's happening here? We
23:53have a wick that's above the
23:54candlestick, and then we have a wick
23:55that's below the candlestick. We're
23:57grading both of those. The halfway point
23:59is there. And on this one, the halfway
24:01point is there. Extend those to the to
24:04the right. You just watched me post a
24:08video, the the long format version of it
24:10where it's real time. It's not sped up
24:13so that way the short attention spans on
24:16X or Twitter. They would never care so
24:19much that you look at it. But I I show
24:22this forming
24:25after certain rules are met. The market
24:28trades lower. We close below it. And
24:30then when we get up in here, it proves
24:33to me that it's not willing to put a
24:36body
24:37in its first run up in here in the half
24:40of that. So between this candlesticks
24:43consequent encroachment, this
24:44candlestick's consequent encroachment,
24:46this little range, this portion of price
24:48action is where my focus is. Now, I
24:50shorted higher, but I want to build
24:53anytime it it enters in here, I want to
24:55build the position up to go lower. And
24:58again, I'm aiming for the first target,
25:00which is low hanging fruit, 30,137
25:04half, which is two ticks above the
25:06projection I just showed you at 30,137
25:08even.
25:10So when we pull up the executions
25:20there, I am shorting as it's running up
25:22right there as it going right into that
25:24old pool of liquidity. And if it would
25:26have traded to that level there, which
25:28is the upper quadrant, I would have
25:30added to it. But I'm looking for it to
25:33fail there. I want to see it not reach
25:35that level, but clear the buy side at
25:37that level here. That was an old buy
25:39sell liquidity pool from Monday's
25:42morning session. I'm sorry, Friday's
25:44morning session last week. So, we'll
25:46take this off.
25:48The market breaks down and we start
25:50approaching this level again. And I'm
25:52I'm doing it with market orders. So, you
25:56got to take it for for what it is. But
25:57my focus is anywhere in this area here
25:59or in close proximity to it, I want to
26:01anchor and build in. Anytime it keeps
26:03tapping inside there, I know what it's
26:06doing. It's building a false
26:08consolidation that bull flag traders
26:10going to see this. It's going to
26:11continue higher and it's going to deny
26:13them because everything I indicated thus
26:15far. That's why I was bearish. Okay? If
26:18you if at this point if you don't know
26:19what makes me bearish and why I'm doing
26:21this, rewind this video and start all
26:24over again and pay close attention to
26:25what I'm describing on the daily chart
26:27and how we did not at open this week a
26:30certain way and the things that we saw
26:32on the daily chart. And then we
26:35obviously weren't giving all that much
26:37bullishness because of the price action
26:40despite this run here which was
26:42protraction after 9:30 in the morning.
26:45So we get this run here. Now what I'm
26:49doing is I'm nailing down from from this
26:53wick low and this wick high. I see a
26:56gap. So I'm putting something in there
26:58because I'm pretty confident that we're
27:00not going up here.
27:02And then now when it does this run here,
27:04I that confirms to me that now I have
27:06obsidian. Obsidian is two wicks
27:09opposing. And the second wick has to be
27:12higher than the first one. When you're
27:14bearish, you have you have to be right
27:16on the direction of the marketplace. You
27:18have to know what you're looking for,
27:19the narrative. You have to be on side.
27:21You have to know all those things or
27:23this isn't going to work in your hands.
27:24Okay? And I know some of you are going
27:26to come out here and say, "I tried to do
27:27this and I hired a staff and we did all
27:29these things. since we tried to program
27:30and it doesn't work. But yet here I am
27:32doing it. Okay. So I don't know what to
27:34tell you. Here we are right in the
27:37middle of it getting filled there and
27:39then right there I'm trying to nail as
27:42as I was going around and banging in
27:44here. I was trying to slide into that
27:45and get the low of it but it didn't work
27:47so much in my favor but it's still
27:48nonetheless delivering. And then look at
27:51the bodies here.
27:53It's respecting that wick pretel. How's
27:55that in Elliot wave, white golf, supply
27:58and demand, GAN, everything else out
28:01there? It's not. It's literally not out
28:02there. Okay. So, how did I discover
28:05this? Look here. That's what I heard.
28:08That's what I heard. And it wasn't
28:10audible. It was like inside me, but it
28:11wasn't my conscience telling me. It was
28:15that still quiet voice. Look here. And I
28:17started putting them on the chart. And I
28:20started seeing these things form.
28:22Now, I don't know what to tell you
28:24beyond that. You don't have to subscribe
28:26to, you know, all that other stuff, but
28:29I got to give the credit to where it
28:31came from. So, I believe it came from
28:32him, the father. And you can think I'm
28:34crazy. You can say whatever you want to
28:35say, but the bottom line is is for the
28:37folks that ask me, I'm being honest.
28:40There's nobody out there teaching this.
28:41And if it was, it would be very easy for
28:43me to say, "Go learn it from this book."
28:45And it would save me a whole lot of
28:47time. It would save me a whole lot of
28:49time. But there's nothing else I can do.
28:52I I just when you ask me the question,
28:54I'm going to answer you honestly and
28:55that's the answer. So then I draw on the
28:58chart in the recording real time. It
29:02wasn't an annotation or something. It's
29:04a call out that was added to after the
29:07fact of the video. You can see clearly
29:09see me take and draw the the the trend
29:12line from here and draw down.
29:15Okay. To get to first partial.
29:19Now in here it's reaching lower lower
29:24until we take out this low where I drew
29:26the trend line just indicating like
29:28internal dialogue cuz I don't talk in
29:30the video you just watch it's 2 hours
29:31and 10 minutes long plus something like
29:33that. But I draw from here is telling
29:35you that my expectation without having
29:37to say any words is from this
29:38candlestick it's going to start dropping
29:40down and take out these lows. That's
29:43what I'm looking for. And it drops down
29:46below this buy side balance sellside
29:47sign efficiency. I wanted to see this
29:49act as an inversion fair value gap if it
29:51went below and it qualifies it by having
29:52that close below it here. See that? Look
29:55at the close
29:58253 3/4. So just remember 53 3/4 53.75.
30:03This candlesticks high 54. So it's one
30:07tick below. So it validates this as an
30:09inversion fair gap. But notice that it
30:12can't even touch it here.
30:18Can't even touch it here,
30:20here,
30:22here with any of the bodies. So, what is
30:25that indicating? It's bearish. So, we
30:28have a sell sidebounce, buy sign
30:29efficiency here. It's not noted. Bodies
30:32are respecting that and sells off. We
30:35create another little fair value gap
30:37here. Price trades lower. I'm grading
30:40this inefficiency. You can see it there.
30:43And I just wanted to put the half
30:45consequent encroachment level and I
30:47wanted to see the bodies respect this
30:48portion here and then it finally came up
30:52poked a little bit above this is PDA 2
30:55hammering around looks like it's a bull
30:58flag it's going to fail
31:02race breaks lower and also
31:07this fair bag was chosen because it's
31:09anchored to
31:12the consequent corion of the 7:00 the
31:149:00 in the morning Eastern time
31:16pre-market session dealing range that I
31:18told you about before we started zooming
31:20in here. So all these levels here are
31:22salient to that dealing range. And we
31:25carried it and projected it forward into
31:26the morning session. [sighs]
31:29And then finally we give up the ghost on
31:31this low here. And you can see that
31:33actually filling there is my first
31:35partial.
31:37And yesterday was my son's birthday. And
31:39I was trying to explain to him as it was
31:41happening real time. I said, "Look at
31:42it's going the first partial." He was
31:44looking at his phone, wasn't paying
31:45attention. He's sitting right next to
31:47me. And he's cringing right now cuz I'm
31:50giving him the right act in front of all
31:51of you.
31:52>> Yeah.
31:53>> Yeah.
31:54>> Yep. Relative equal lows was the next
31:56partial. Uh we went right there. That
31:58was the fill there. And then new week
32:01opening gap. I took something as we hit
32:04the upper quadrant of that right here.
32:06And then there's the low. And I was
32:09updating everything on Twitter at that
32:11time or X saying that I I lowered the
32:13stop loss. I'm looking to partial out.
32:16And then finally, um, I had my limit
32:18order just above 13750 because I called
32:21that level publicly. So, I want to have
32:23a little bit of fluff in it. You saw
32:25those orders resting in my post
32:27yesterday before it went there. Uh, and
32:29then you can see it filling there and it
32:31finally it went aggressively lower than
32:33that went lower and that's the business.
32:37Now
32:39this is intraday trading using market
32:42maker sell model. Me entering on smart
32:45money reversal. Me entering on lowrisk
32:48short holding through first stage
32:51distribution. Second stage
32:54redistribution there sells off heavy
32:57running through original consolidation.
33:00There's that fill. So the logic is sell
33:02side being targeted of a market maker
33:04sell model
33:08failure on the daily time frame. So
33:10we're working with the hierarchy of
33:12working from daily chart down to the
33:14smaller time frames. Not just looking at
33:15a smaller one minute chart and saying
33:17I'm going to figure it all out on a one
33:18minute time frame. You have to have the
33:20logic that's been transposed from your
33:22higher time frame daily chart to warrant
33:24whether or not that price movement
33:27you're expecting to see has any validity
33:29behind it. Because if there's nothing
33:31supporting the idea on the daily chart,
33:33it's not going to be helpful to you to
33:36place so much risk or hope and and
33:39trust in just what you see on a one
33:41minute time frame. So that's the
33:43business for that. Obsidian is is two
33:45opposing wicks within a narrative and
33:49you split those wicks in half and
33:51between those two wicks consequent
33:53encouragement levels, uh you're going to
33:54see price action do these types of
33:56things. And I'll give you more details
33:58later on about this, but that's that's
34:00obsidian. Okay, until talk to you next
34:02time. I don't know when it's going to
34:03be.

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