YouTube transcript (cgsltOB736E) — Transcript
Full transcript
- 0:12welcome back folks
- 0:14all right just a quick little review and
- 0:17an introduction to a new PD array I'll
- 0:20make public
- 0:21so we're looking at the dollar indexes
- 0:23our daily chart
- 0:24and we have basically just been
- 0:27Meandering around
- 0:29the Gap I told you about between these
- 0:32two weekly reference points so without
- 0:34going into the weekly chart save some
- 0:36time that's what we're watching I would
- 0:39prefer to see it trade down into a
- 0:40little bit but uh it didn't do so
- 0:44all right here we are folks
- 0:46I'll take your attention back to the
- 0:48video I did on my YouTube channel
- 0:50July 9th 2023 it's a market review
- 0:54and prior to
- 0:57this day running
- 0:59off the weekly version fair value Gap I
- 1:03mentioned that we would open on a new
- 1:05week trade down use this
- 1:09inversion fair value Gap from the weekly
- 1:11chart and I'll count you to go back and
- 1:12look at the old videos
- 1:14now all this is not added to the Chart
- 1:17after the fact
- 1:18that we opened traded down rallied up
- 1:21and then we had finally today Mark trade
- 1:25up complete the weekly volume and
- 1:27balance when you're a dollar
- 1:29so that is an absolute
- 1:32slam dunk
- 1:34all net
- 1:36swish
- 1:38my side
- 1:39that was the initial draw then we would
- 1:42get into the weekly volume and bounce
- 1:43just a beautiful delivery these are the
- 1:46types of moves that you want to capture
- 1:48and really sitting your hands and wait
- 1:50for it makes trading very fun
- 1:53but unfortunately you know
- 1:56when these big powerful moves take place
- 1:59they don't give you a whole lot of
- 2:00opportunities you have to know what
- 2:03you're looking for and then get in and
- 2:07try to avoid
- 2:09um thinking that it has to retrace
- 2:11because it'll just keep running higher
- 2:13and higher the reason why it's done this
- 2:16is because the dollar was exceedingly
- 2:18bearish like we were expecting
- 2:20on July 9th
- 2:24so even the s p here is our weekly chart
- 2:28so I'm taking your attention into and
- 2:30Beyond this was the original weekly
- 2:32volume advance that we were talking
- 2:33about back down here we finally got into
- 2:36that closure
- 2:38today uh well this week rather
- 2:40um we traded to it and through it now
- 2:43we're looking at this
- 2:46volume and balance so there was two
- 2:48volume imbalances on the weekly chart
- 2:50for Nasdaq and it had already completed
- 2:52both of them
- 2:54es has been lagging so the es has been
- 2:56the sixth sister between the two
- 2:58averages and I mentioned that NASDAQ is
- 3:00the leadership issue so you're all
- 3:02asking me why am I trading NASDAQ I'm
- 3:05actually in the NASDAQ as the leadership
- 3:08issue so it's going to be an
- 3:09outperformance at the upside
- 3:12but here we have a fair value Gap in
- 3:14here with a breaker
- 3:16and then we have Bubble shoulder block
- 3:18and a propulsion block and the market
- 3:21sends price higher
- 3:25completing this weekly volume amounts
- 3:27and the pink and then we have this one
- 3:29here so you want to have these two
- 3:31levels here the
- 3:33the high and the low the weekly volume
- 3:34balance
- 3:37have that in your chart and
- 3:40use them as potential support resistance
- 3:43I
- 3:45see a lot of questions about this
- 3:47button down here for settlement I like
- 3:51to use the settlement price
- 3:52toggled on when I'm looking for things
- 3:55like
- 3:57where we closed in reference to like the
- 4:01uh
- 4:02TGIF trade okay I I toggle back and
- 4:06forth between both of them so I'm
- 4:09looking for volume and balances I'm
- 4:10looking for
- 4:12inefficiencies that may materialize so
- 4:16things that might go on the radar of
- 4:18other Traders I'm looking at both
- 4:20perspectives so it's not a matter of it
- 4:22only works for this it only works for
- 4:23that I'm flexible in terms of what I'm
- 4:26looking for in terms of imbalances and
- 4:29or where we actually close at silent
- 4:32because of
- 4:33the TGIF ideas
- 4:38all right so we are looking at a daily
- 4:40chart here e-mini s p
- 4:42um You probably hear my puppy Bailey I
- 4:45apologize if you do here but uh she's
- 4:48morning like I am we lost our
- 4:50other boxer Bella but uh she wants to be
- 4:55close to me and I can't send her away
- 4:57while I'm doing this because you know
- 4:58they still have the heart to do it so
- 5:00anyway that's her whimpering
- 5:02she's fine she's just sad
- 5:05so
- 5:06we have today's trading here
- 5:09Monday's Trading
- 5:10and then here's where we were working
- 5:13off of this fair value Gap right there I
- 5:15mentioned and I'll show you the Tweet
- 5:18um
- 5:19as it was today but I've mentioned it
- 5:20many times
- 5:21over the years that we do not try to
- 5:24pick tops
- 5:25in buy programs
- 5:27okay and we don't try to pick bottoms
- 5:29and sell programs that means we are
- 5:32always
- 5:33giving the market the opportunity to
- 5:35color outside the lines that most other
- 5:38Traders would think that okay we're
- 5:39we're so overbought now it has to come
- 5:41back now it has to retrace it has to
- 5:43have a retracement no it's awesome it
- 5:46doesn't have to do that and when the
- 5:49market is wanting to go higher you have
- 5:52to submit to that or
- 5:54don't trade because if you arm wrestling
- 5:57you'll hurt yourself
- 5:58so these are the levels we have on our
- 6:00chart now so let me drop in a lower time
- 6:02frame so it'd be much more meaningful to
- 6:04you
- 6:05so here we are on the 18th of July 2023
- 6:09and
- 6:11we had a small consolidation and then we
- 6:13dropped down took out sell side and then
- 6:15a rapid acceleration into and above
- 6:18Monday's high trading up into that
- 6:21higher
- 6:22weekly volume of valence
- 6:24all right let's take a look at the
- 6:27five minute chart now I'm skipping over
- 6:29the 15-minute charts just for the sake
- 6:31of
- 6:32gravity but these are 15 minute fair
- 6:36value gaps
- 6:38so that way you can take a look at on
- 6:40your content time frame
- 6:42and Order block as well we trade down
- 6:44and hit that this is all 15 minute chart
- 6:46basis I'm heading here so that way for
- 6:49your homework you can go into a 50
- 6:51minute time frame and find out what
- 6:53these are
- 6:55on the Bellwether chart which is in a
- 6:57time frame but the five minute lots of
- 7:00opportunities lots of entries today
- 7:01quarter block on a 15 minute time frame
- 7:03order block on 15 minute Tony frame you
- 7:05can see the reactions off of it here and
- 7:07then trading up into that Weekly volume
- 7:08and balance
- 7:09[Music]
- 7:11okay moving on into NASDAQ this is where
- 7:14the
- 7:15the brass tags are for this presentation
- 7:18so I mentioned how we had
- 7:21these relative equal highs
- 7:24and we were likely to go through that
- 7:25last week we did that and now we are
- 7:27continuing through
- 7:28last week's High
- 7:31and again that's you're only going to
- 7:33catch this type of continuation if you
- 7:36avoid make it part of your repertoire
- 7:38and routine as a mindset as a Trader you
- 7:43do not try to pick tops while the
- 7:46Market's going up you don't do it you
- 7:48simply do not do it it's far easier for
- 7:51you just to Simply submit to the idea
- 7:53that it wants to go higher so trade in
- 7:57that order flow
- 7:58don't look at patterns trying to capture
- 8:00Market reversals because they're going
- 8:03to run right over top of you
- 8:06all right here's the daily chart here
- 8:08and
- 8:09you have an order block there we talked
- 8:11about that repulsion block we don't want
- 8:13to see a closing price below the middle
- 8:16or mean threshold of a compulsion block
- 8:18we never saw that the market rallied
- 8:20last week and then now we had here
- 8:23Tuesdays Trading
- 8:25Tuesdays though for me and Monday's
- 8:28trading here so we had a really nice
- 8:30little drop down in small little
- 8:33institutional Oracle entry job not by
- 8:35much but you don't need much right so
- 8:38we'll take a look at that when we get
- 8:40lower time frames but continuation on
- 8:41the upside just a wonderful amount of
- 8:43opportunity to see that trade notice
- 8:46that we opened
- 8:47traded down today and cut through the
- 8:50candles because we're not supplying to
- 8:52me
- 8:54they're high down Revisited that is a
- 8:59discount array
- 9:00so if you look at my month four content
- 9:02uh
- 9:03St mentorship it's my premium mentorship
- 9:06there's core content lessons are on my
- 9:08YouTube channel go to playlist for month
- 9:10four
- 9:11and you'll see the pdra Matrix lectures
- 9:15in that
- 9:17segment of videos
- 9:20and in the discount we have
- 9:24old highs and old looks so let me trade
- 9:27back down in to it like that
- 9:30one more bullish we would expect to see
- 9:32prices trade higher
- 9:36all right on an hourly chart
- 9:38we can see that we have
- 9:40the market dropped down
- 9:45small consolidation this is where retail
- 9:47is going to see a bull flag
- 9:49okay rallying consolidation and they
- 9:52want to see it go higher
- 9:54I was asked today on my Twitter account
- 9:56you know what my bias was so I went over
- 10:00that and actually show you the Tweet so
- 10:01that way it's not me just saying
- 10:03something and there's no record of it
- 10:05but it had a really nice explosive price
- 10:08move higher
- 10:09and
- 10:11cleared the 16 000 level
- 10:16five minute chart here you can see the
- 10:20low forming here just shortly after the
- 10:239 30 opening
- 10:25creates a fair value Gap here trades
- 10:26down into that beautiful run
- 10:29right from there takes off
- 10:31a small little fair value Gap here hits
- 10:34it with an overblock very very high
- 10:36probability
- 10:37rallies
- 10:39order block
- 10:41rallies and then Finds Its High the day
- 10:44in the last hour trading
- 10:46and then trading off the highs
- 10:48back into
- 10:50an order block
- 10:53[Music]
- 10:55at 7 43
- 10:58New York local time
- 11:01I tweeted today
- 11:03and I said that
- 11:04we're not trying to pick tops and buy
- 11:07programs okay basically a buy program is
- 11:10when the market is under an algorithmic
- 11:12price delivery or Price run that's
- 11:14repricing higher
- 11:16it's not a classic bull market it's not
- 11:19a
- 11:21Trend because I don't like talking about
- 11:24things in those
- 11:25terms because
- 11:27I don't have any affinity for those
- 11:29types of things I did when I first
- 11:30started but once my eyes were open to
- 11:34how markets are highly manipulated and
- 11:37then I codified a lot of things you now
- 11:39are learning from me I've completely
- 11:43dismissed everything else
- 11:45so when I'm looking for higher prices
- 11:48when my algorithm is looking for higher
- 11:50prices and it's spooling and running
- 11:52higher I'm going to refrain from and I
- 11:55teach my students to refrain from trying
- 11:56to pick tops no matter what pattern you
- 11:59think exists in price action no matter
- 12:01who you love
- 12:02in worship online
- 12:04whatever they say avoid it I promise you
- 12:07if you do that you'll you'll spare
- 12:09yourself a lot of losses
- 12:11but yesterday was evidence that it's
- 12:14never a good idea or strategy
- 12:17and I mentioned this morning I mean
- 12:20July 18 2023 this morning I am waiting
- 12:24to see if they use the retail sales data
- 12:26which was released at 8 30 in New York
- 12:28local time
- 12:30to drop in then rally higher if it drops
- 12:34and doesn't rally it matters not to me
- 12:36movement is desired so what do I mean by
- 12:39that
- 12:40well
- 12:42here is the 9 30 delivery
- 12:47okay and this is the time of the Tweet
- 12:49right there
- 12:50so I was not counseling you as my
- 12:53students to look at that consolidation
- 12:55as a bullfight and go higher
- 12:57I didn't want to see that I wanted to
- 13:00see it go against retail mindset which
- 13:03would be continuation or classic retail
- 13:05continuation patterns and they would see
- 13:08and would have saw a bull flag
- 13:11I'm not a fan of that so the market
- 13:13drops down at 9 30 which creates a Judah
- 13:16swing this market for Traction in the
- 13:19opposite direction to what retail would
- 13:20expect it goes down creates a short term
- 13:23little low rallies up and then Dives one
- 13:25more time that is absolutely
- 13:28beautiful because that sets the trap for
- 13:31every Trader out there that thinks that
- 13:34that bull flag was going to pan out and
- 13:36then now they want to catch this low
- 13:38down here then they get stopped out that
- 13:41immediately scares ninety percent of any
- 13:43retail Traders won't get along
- 13:46they don't want to go along now they're
- 13:47scared they're going to get stopped out
- 13:48and they don't know what to expect what
- 13:51I'm looking for is I want to see does
- 13:53the market respect my PD arrays my
- 13:56discount arrays things that I would look
- 13:58to go along on in any bullish scenario
- 14:02so now it's time for a new gift to the
- 14:04trading community
- 14:06okay so I want you to take a look at how
- 14:09the market
- 14:10created a run higher last week
- 14:15we had a run up
- 14:17and then a break lower
- 14:20when we see that
- 14:22you understand that this pattern here is
- 14:25if we trade above it
- 14:27come back down in that should be what
- 14:29she does a bullish breaker right not
- 14:32when we're in Trend continuation
- 14:34we're in train continuation I want to
- 14:36see the low
- 14:38High lower low and then the next day if
- 14:43we rally through it
- 14:46like we do here so here's Monday's
- 14:48Trading
- 14:49now we have
- 14:51one two three isn't that three drives
- 14:55pattern and that's a topping pattern
- 14:56right no
- 14:57no no no no no no what did I say this
- 15:00morning we're not trying to call Tops
- 15:04so anyone that would have saw this as a
- 15:06three drives pattern
- 15:07here or three Indians padding if you're
- 15:11a reader of Street smarts books which
- 15:14is in my opinion one of the better books
- 15:16out there
- 15:18but that's not a three Jaws pattern
- 15:20that's not a three Indians pattern okay
- 15:22it is a setup for those individuals that
- 15:25want to use that idea
- 15:28so one of the things that I codified in
- 15:31my algorithm is if there is a
- 15:33opportunity for the market to continue
- 15:35higher or lower everything I'm going to
- 15:37show you here just reverse it
- 15:39but since I'm bullish and I told
- 15:40everybody I was bullish I was looking
- 15:42for a drop in drop in the what
- 15:44we'll get to it
- 15:47that price level up there sixteen
- 15:49thousand twenty eight point seven five
- 15:52absolutely random
- 15:55no
- 15:57if you look at the price range from the
- 15:59low
- 16:00to the high this is a breaker
- 16:04but there's something specific about
- 16:06this breaker that we have to know and
- 16:09then use it slightly different
- 16:12low high lower low
- 16:14this stops out longs
- 16:18so lungs are now no longer allowed to be
- 16:20participants of the next energetic price
- 16:23leg higher
- 16:25I'm not requiring price
- 16:28to trade in a normal sense with the
- 16:30breaker I want to look for something
- 16:32different
- 16:36this low up to this high that is the
- 16:40standard
- 16:42measurement for projection on targets so
- 16:45if this was a classic breaker you would
- 16:48use the low to the high
- 16:50and the lower low
- 16:52that goes below this low here that sets
- 16:54the tone for the pattern as a breaker
- 16:57but for
- 16:58swing projections for targeting purposes
- 17:00all we're doing is taking the low to the
- 17:02high one standard deviation
- 17:05that's what we're looking for sixteen
- 17:08thousand zero two eight
- 17:10point seven five
- 17:16I think it went one handle above it is
- 17:18that is that precise enough for you
- 17:22we're going to go a little bit beyond
- 17:24that now
- 17:24[Music]
- 17:27this is
- 17:28my ICT Reaper inversion for your value
- 17:31go
- 17:32yes I know it's a badass name I know
- 17:35a Reaper
- 17:36in version bear I got is when you're
- 17:39inside of a breaker
- 17:41you're going to cut through candles
- 17:42because we are not supplying demand
- 17:44folks I can't stress this enough
- 17:46this is this is one of those lessons
- 17:48where you can look at folks on the
- 17:50internet they try to say I rebranded
- 17:52stuff or I call supply and demand
- 17:54something different or I complicate it
- 17:56folks there is nothing like this
- 17:59anywhere else okay I wanted to create
- 18:02and codify a method to go in and
- 18:06capitalize on number one Precision two
- 18:08take advantage of shifted sentiment and
- 18:13go under the radar of everybody else out
- 18:16there
- 18:17that's what my Reaper does
- 18:19it's devastating it's absolutely
- 18:22devastating because you don't see it
- 18:25coming
- 18:26but it's right there
- 18:30price run
- 18:32leaves
- 18:34a fair value Gap in the lower portion of
- 18:37this price run okay so it's the first
- 18:39leg of the bullish breaker
- 18:42the fair value Gap must be in a discount
- 18:45relative to that low to that high you
- 18:47see it here
- 18:48between here and here
- 18:50that's a discount the discount is being
- 18:52measured on this basis the low to high
- 18:55once we have that extend that forward if
- 18:59we're bullish in this case we were
- 19:01enough I've proven it to you I told you
- 19:03we were looking for higher prices
- 19:05the market
- 19:07trades down through it doesn't respect
- 19:09that as we would
- 19:11expect
- 19:14everybody that would see my stuff online
- 19:15or think they understand it or think
- 19:18this is a liquidity void it's not
- 19:21it's going to trade down through it run
- 19:22the stops why because I want to knock
- 19:25those individuals out that have a
- 19:27trailed stop loss there
- 19:29in the market rallies
- 19:31one Sunday into Monday
- 19:34takes out the high
- 19:36now everyone that wants to use my
- 19:38breaker they get punished here too
- 19:41they're not going to be able to go in
- 19:43here and go long
- 19:44and also the traders that are using this
- 19:47as a bull flag they're going to get
- 19:48punished
- 19:50now I know if I was just to say all
- 19:52these things right here this would have
- 19:54been like oh this is Cherry Picked
- 19:56your form fitting you're doing this
- 19:58you're doing that
- 19:59I said it this morning before the market
- 20:01even got to 8 o'clock
- 20:03it's 7 43 this morning New York local
- 20:05time I want to see it drop down into
- 20:07what
- 20:09Monday's range
- 20:11here's midnight on Monday New York local
- 20:13time to Monday's high
- 20:15measure that the best
- 20:19the best fills for getting long
- 20:23is going to be at equilibrium
- 20:28or higher
- 20:31except
- 20:33when my Reaper exists in price action
- 20:37cut through all these candles
- 20:40and go right there
- 20:43we see it drop down
- 20:47and then bang that's that right there
- 20:50that signature there that's what I was
- 20:52looking for this morning
- 20:53because it was respecting all through
- 20:56here all through here and go right back
- 20:59there folks this is proof that my
- 21:01algorithm refers back to candlesticks
- 21:03highs and lows that you would never
- 21:05otherwise know
- 21:09where is the support and resistance idea
- 21:13with all this you're gonna go right here
- 21:16right you're going to take that high and
- 21:17draw it out in time wonderful but I've
- 21:20already told you
- 21:21classic support resistance is only
- 21:23confirmed
- 21:25if it has one of my fair value gaps
- 21:27and look what it has right there
- 21:29consequent encroachment of that Reaper
- 21:33right there but if you want to know
- 21:36and you want to have all the details
- 21:38that I'm making available to the trading
- 21:40community at Large
- 21:42these are the things that I've codified
- 21:44a Reaper is a fair value Gap
- 21:49in a discount of the impulsive price leg
- 21:52of a bullish breaker reverse it a
- 21:55bearish ICT Reaper inversion fair value
- 21:58Gap would be a bearish breaker that
- 22:01would have a fair value Gap in the
- 22:03premium side of the impulsive Priceline
- 22:07so all of these things are completely
- 22:09reversible
- 22:10but the context is you have to have a
- 22:13bias
- 22:14there has to be some kind of retail idea
- 22:17that would lure traders in well we have
- 22:20here bullfly
- 22:24it drops down in to what
- 22:26the previous day's range
- 22:29now look at the bodies respecting
- 22:3150 of the previous day's range see that
- 22:35remember the Wicks do the damage
- 22:38that's the Reaper's job
- 22:40and then that little signature right
- 22:42there tells me it's done it's going to
- 22:44go higher
- 22:45I'm entering on that candle
- 22:48[Music]
- 22:51taking all that aside
- 22:54free pressure a little above your pay
- 22:56grade and
- 22:57a little confusing for you that's okay
- 22:59I'll talk more about in my book
- 23:01we have our standard and version fair
- 23:03value Gap there within a breaker classic
- 23:07bullish breaker and then here's the
- 23:09price like
- 23:13between the lower that handle and high
- 23:16that candle those are the specific price
- 23:18points and my fill going long six
- 23:20contracts was 15781 even below and
- 23:24inside the inversion Fair bag Gap there
- 23:26at the candle that qualified and
- 23:29confirmed that my Reaper was in fact
- 23:31good to go send price higher
- 23:35and I took a market exit it wasn't a
- 23:38stop I just simply closed it because my
- 23:40intentions were going to be somewhere
- 23:41else and I wasn't going to be able to do
- 23:43anything I wanted to do managing it on
- 23:44my cell phone so there's where my
- 23:47clothes was and a little bit higher one
- 23:50above the 16 000 but that's still good
- 23:52enough over 120 handles
- 23:54on NASDAQ so about 14 Grand Plus
- 23:58so not bad for a
- 24:00couple hours of
- 24:03leisurely fishing
- 24:07and here is the one minute chart on
- 24:09NASDAQ but I was entering also was we
- 24:12had this runoff and as the candle was
- 24:14dropping down
- 24:15I'm going to enter that right there and
- 24:18then this would be your classic return
- 24:20in for a
- 24:21Fairway Gap
- 24:23bullish breaker and then secondary entry
- 24:27would have been here
- 24:29Gifts of that one and around on up and
- 24:33this is where I closed it manually
- 24:35so
- 24:36that my friends is what took place today
- 24:39and it was a wonderful explosive price
- 24:42move today higher after me counts on you
- 24:45this morning we would look for a drop
- 24:47down in previous days range
- 24:49and just was beautifully beautifully
- 24:53offered it was one of those days where
- 24:55when you know what you're looking for
- 24:57and if you're struggling with trying to
- 25:00capture big runs
- 25:01okay if you're on these little time
- 25:03frames
- 25:04and you're just simply just looking for
- 25:06things like okay well here's relative
- 25:07equal highs and and say you did buy this
- 25:10sofa bullet okay because that's what
- 25:13that was by the way this entry is a
- 25:15silver bullet with all the other things
- 25:16I gave in context so which is like a a
- 25:18silver bullet with on steroids
- 25:22this here is a lunchtime macro
- 25:25it starts running higher there and you
- 25:29might think okay well it gets about here
- 25:31I'm done
- 25:32but if you're ignoring the higher time
- 25:35frame that we're going to go higher
- 25:36anyway we're going to keep going higher
- 25:38we're not trying to pick tops and buy
- 25:40programs
- 25:42and the daily range is likely to create
- 25:46that extreme high if we're bullish in
- 25:49the PM session
- 25:50going into
- 25:52that last hour
- 25:54well look at the time of the day
- 25:57you know
- 25:59highly was formed
- 26:00around three o'clock it didn't go beyond
- 26:03uh 16 000 much
- 26:06but I gave up about a hundred handles
- 26:12but that's okay 120 is enough
- 26:16you don't sit here and try to
- 26:20convince yourself that five handles is
- 26:22enough or 20 handles is enough if you
- 26:24really want to capture big runs you'll
- 26:27scare yourself entirely from holding on
- 26:30to them and one of the best ways of
- 26:32doing it is when you get a entry
- 26:35you place your stop don't worry about
- 26:37trailing it don't worry about trying to
- 26:39take Parcels just let it go
- 26:43turn off the charts go out like I did I
- 26:45was away from the house
- 26:46I wasn't looking at it
- 26:49because I'm not worrying about all the
- 26:51things I'm trusting my algorithm I'm
- 26:53trusting what's codified I'm trusting
- 26:55that the delivery of price is going to
- 26:57be exactly what it has been coded to do
- 27:01price the high in the afternoon session
- 27:04the last hour then you'll get your
- 27:06retracement
- 27:07that's power three
- 27:09this is not the entire daily range here
- 27:11I'm just showing you where my trade
- 27:12entry was in my exit remember it goes
- 27:15higher than this it goes to sixteen
- 27:17thousand something
- 27:19and I didn't get all that and I don't
- 27:21need to
- 27:24so if you're looking for ways to hold on
- 27:26to a trade and capture these big runs
- 27:27not just get 10 handles or 20 handles
- 27:30and you know yes it's great you know I'm
- 27:32killing it
- 27:33you may very well be killing it but
- 27:36you're missing these monster Halls
- 27:39by not knowing the higher time frame
- 27:41bias not understanding what the
- 27:44likelihood of a large range would do
- 27:47for your trading and your equity
- 27:50and you don't need to have a full
- 27:52positional like this is my initial entry
- 27:54usually it's six contracts
- 27:56I was tempted to go in and do four more
- 28:00here I said you know I'm just going to
- 28:01leave it there I'm gonna leave it there
- 28:03and I'm not going to worry about it
- 28:06and while I was out doing what I wanted
- 28:08to do today the market just kept on
- 28:10plowing higher smashing everybody that
- 28:12was wanting to go short
- 28:15on the heels of
- 28:18they're going to use the retail sales
- 28:19number and then going into 9 30. drop it
- 28:22down create relatively close rally it
- 28:25sharply
- 28:26fair value
- 28:28sales off
- 28:29now retail doesn't want to be long so as
- 28:33long as they're afraid to buy it that's
- 28:35a welcoming feeling for me with a smart
- 28:39money mindset with trading I want to go
- 28:42in when they're fearful
- 28:45what time do we trade for a silver
- 28:46bullet 10 o'clock to 11. displacement
- 28:50down closed candle as it's trading down
- 28:52I'm buying it
- 28:54this right here could have been another
- 28:55four contracts
- 28:58and then I'd have my full 10 positions
- 29:00this is my standard model for trading
- 29:02index futures
- 29:04and then rallied up I'm not from the
- 29:06charts my stop loss is below
- 29:10this candle is low right there
- 29:12that's where the stop was
- 29:14and you've seen me use tighter stop
- 29:16losses than that
- 29:17but it went down into the Fairbank Gap
- 29:19there
- 29:20if I would have saw that I would have
- 29:22did another entry just to prove to you I
- 29:24was trusting the pattern but I wasn't
- 29:26there I wasn't watching the chart at the
- 29:28time
- 29:28and just keep on moving up and because I
- 29:32wasn't in front of the charts and
- 29:34because you wouldn't be in from the
- 29:35charts when you're training yourself to
- 29:37do this you put a position on and you
- 29:39just let it go if it stops you it stops
- 29:41you out it's not gonna be the last trick
- 29:42you ever take
- 29:43but you have to condition yourself like
- 29:45this to hold on to it for a long period
- 29:47of time by not looking at the chart
- 29:49because it's real easy to see this thing
- 29:51okay okay I made a lot of money now let
- 29:53me just get out of it no
- 29:55trust time of day
- 29:57trust it
- 29:59and the market just explodes higher
- 30:04[Music]
- 30:09hopefully found this one insightful and
- 30:11it was beneficial to you obviously it's
- 30:12just an introduction to my ICT Rebrand
- 30:14version favorite you got I'll have more
- 30:16talk about that in the book I won't be
- 30:18releasing anymore because I already know
- 30:19somebody's going to come out here maybe
- 30:20many of you you're going to come out
- 30:21there and try to create little tutorials
- 30:23on YouTube and misinform everyone
- 30:25because you don't know what you're doing
- 30:26please don't try to do that okay I
- 30:28understand you want clicks and all that
- 30:29stuff but uh you don't know what you're
- 30:31doing and you don't know what I'm going
- 30:32to teach about that very specific PDA
- 30:34rate but I want to introduce it today
- 30:35and I hope you found it inspiring and
- 30:37interesting until talk to you next time
- 30:39be safe
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