Full transcript
0:00YouTube, what's going on? Welcome back
0:02to another Interquity Trading video.
0:05Today we have a brand new episode of the
0:08fan favorite series, Training the Eyes.
0:10Okay, this is going to be episode 9. Oh
0:12my god, I can't believe we've already
0:14done nine episodes of this series. Going
0:15to hit 10 soon. What we did just hit was
0:1820,000 subscribers. So, thank you guys
0:20so much for the love and support on our
0:23videos and our channel as a whole. We
0:25have a ton of more content and value on
0:28the way. This video specifically is
0:30going to be great. So, sit back, get
0:32that notepad out, enjoy the video. We'll
0:35see you guys soon. Take care.
0:46This video is going to be a good one.
0:48So, please sit back, get those notepads
0:50out, and take some notes. All right. So
0:53today we have NQ and we're going to stay
0:56on the 15minute time frame. Okay,
0:58remember the sole purpose of these
1:00videos. I'm sounding like a broken
1:01record, but it's to train those eyes as
1:04much as possible. Okay, the only way to
1:06do that is repetition. So that's why I
1:09make all these videos. That's why
1:10there's so many videos in this series,
1:12right? Cuz we're doing these things over
1:13and over and over to train those eyes.
1:16We're starting on we're actually we're
1:17going to stay on the 15-minute time
1:19frame here. Couple things to talk about.
1:21Starting off on the lefth hand side,
1:22we're going to follow along with this
1:23price action. You can see here we had
1:25this big bullish move, clearing any
1:26liquid at these highs, followed by a
1:28sell-off. Price ends up kind of
1:30consolidating for a little bit here.
1:31Takes out a high and then we get a big
1:33sell off to the downside, clearing a
1:35low. And as you guys can see from that
1:37point, we moved bullish and we moved
1:38bullish quite a bit. Okay, printing this
1:41high in the market. Following along, we
1:44go lower. Respect structure a bit. What
1:46do I mean by that? You can see how this
1:49induces buyers into the market. So then
1:51you have buyers interested in taking
1:53positions in these regions. There's
1:55reactions and then price goes bullish
1:58and then keep an eye on this high right
2:01here. Why did this high print this wick
2:04here? It simply tapped in to this high
2:07to the left hand side. This is how
2:09simple things can be. Now we do not
2:11predict that there's going to be
2:13liquidity above this high. No, we simply
2:15let the market communicate that to us.
2:17And what happened here? This high, if
2:19you look to the left hand side, it
2:21respected this high from the left. What
2:23does that tell us? We have built
2:25liquidity at this high. And we didn't
2:27just guess, right? We're not marking
2:29this high out, guessing. And what we're
2:30going to do is we're going to plot a
2:31blue line here, too. We're not guessing
2:32that there's liquidity above this high.
2:34No, we let the market communicate that
2:36for us. And that is very, very
2:37important. Now, following the back of
2:39that, this gives us a reason for us to
2:41trade higher one day into these highs.
2:43There's logic, there's reasoning. From
2:45that point, we sell off to the downside.
2:47We take out this low, which is fine. And
2:50then we range. And we range for quite a
2:52bit. Look at this price action we get
2:54here. This is actually almost 2 days of
2:57price action. And if we can mark it all
2:59out, you can see how the market for this
3:02low in the market. Then we move higher
3:03inducing buyers by taking out this high.
3:05Look how the market came down, respected
3:08the low. Look at this wick here.
3:09Respected the low, building liquidity
3:11below this low. Then the market sold
3:13back off and took out the low. This is
3:15very, very important. So listen up and
3:17listen closely. If we back up a little
3:19bit and we ask ourselves, why did this
3:21low in the market print right here?
3:23Okay, why did this low print? And we
3:26have to look to the left-hand side and
3:27see what it reacted off of. Right away,
3:29I can see that price has tapped into
3:32this low and respected it. Same concept
3:36as this.
3:38This high respected this high. Okay.
3:41Now, this low has respected this low.
3:44It's very simple, very straightforward.
3:46So, what can we do now that it's tapped
3:48into it and we've gone bullish, there's
3:50going to be liquidity below that low.
3:53Now, check this out. When price sells
3:56back off, clears liquidity from this
3:57low, but yet it does not take out 2551,
4:02what we have done is left liquidity at
4:04the lows. And we have to keep an eye on
4:06that because remember our edge in the
4:09market is to buy once buyers are taken
4:11out. Now ask yourself this. Has buyers
4:14been taken out if we just stayed above
4:16that low? No, they have not. I view all
4:19of this price action right here to be a
4:22trap. You want to avoid trading this
4:24price action because we are still
4:25trading above lows. Again, if I drag
4:28this red box, maybe it brings a little
4:30more clarity for you guys. You can see
4:31how we have respected it once and twice
4:34and we've went bullish once again. And
4:36check this out. We took out this high
4:38again. This induces buyers into the
4:40market. So, this is all going to be a
4:42trap. I hope you guys are starting to
4:43see this over and over. Look what the
4:45market does once again. We induce
4:47higher. Price sells off, but still yet
4:49we're still respecting the lows. So, all
4:51of this above this low is going to be
4:55liquidity. Now, this is very, very
4:58important because this right here
4:59teaches you guys when to stay out of the
5:03market. And it's very simple, an easy
5:05rule to set for you guys in this
5:07specific circumstance is all you would
5:09have to do is identify where we are is
5:12identify where we are building liquidity
5:13in the market. It's very easy to say
5:15that this low right here is building
5:17liquidity in the market. Okay? So, we
5:19mark it out again 2551.
5:23any moves, any longs above it should be
5:27a trap. And I call that engineered
5:29liquidity. When I identified this in
5:31real time, I said to myself, it's very
5:33easy. It's very straightforward. If
5:34price comes below, and remember what I
5:36said, if price comes below, cuz it
5:39doesn't have to. This is not 100%. And
5:41this is something you guys need to
5:42understand. If price comes below, now I
5:45can look for a buy opportunity. And that
5:48perspective is so so powerful because
5:50you'll stop caring about every little
5:53move that's going on in the market.
5:54Again, you've identified your liquidity.
5:56You want to see price below it. If it
5:58goes below, sure, there's a buy
6:00opportunity. Other things to talk about
6:01here. Yes, we have identified liquidity
6:03to the downside that we want to long
6:05below. Coincidence? What do we have
6:08right below that? A liquidity block.
6:10What is the logic behind a liquidity
6:12block? Now, not every liquidity block's
6:14going to work. Again, nothing is 100% in
6:16any strategy out there, but the logic
6:19behind our liquidity block is price
6:22printed this wick, taking out previous
6:25lows. Now, the logic is there's no
6:28liquidity below this low. So, if the
6:31market comes down, runs this low, where
6:34are we going to put our stop loss? Look
6:35at my crosshair on the left hand side.
6:37We are going to tuck it right below the
6:39liquidity block. Just like this. As
6:41simple as this. Now, if we get tagged in
6:43here, you have first target these highs.
6:46If you look at price action right now,
6:47I'm using the replay tool to kind of
6:49emulate live time as much as much as
6:51possible. You can see how we are
6:53building at the highs here. There's that
6:55logic. There's that reasoning. Very
6:57important. We aren't trading patterns
6:59here. We need to understand that there
7:01we need to look for logic. Yes, we're
7:03looking for a long, but why are we
7:05looking for a long? Is there highs
7:06intact? Right? Is there a reason for us
7:08to push higher? And that's what you need
7:10to be asking yourself. So, if we leave
7:12these highs intact, look, great first
7:14target. And then don't forget where we
7:16built on the higher time frames. Look at
7:18these highs. Another great target. So,
7:20I'm using these two blue lines for
7:22reference, okay? That we can target this
7:23these highs. This low, remember, we want
7:26to long below it. Let's see what price
7:28does here.
7:30Okay, so there we go. Price tags us into
7:33a T. It comes a little bit in draw down.
7:35And if I actually remove this tool, I'm
7:38going to show you guys something a
7:39little powerful here. And we're going to
7:40zoom in. Look at my crosshair right
7:43here. It's 10:45 a.m. What happens at
7:4511:00 a.m.? We get an hourly closure.
7:48So, look at this. Price is moving
7:50bearish through 10:00. As soon as 11:00
7:53opens up the new hourly candle, we stab
7:55out previous hourly low. And now the
7:59bullish move starts occurring. Where's
8:00our entry? Our entry is below this blue
8:03line. Let's plot it on again. So,
8:05there's our entry. Stop loss. Look at
8:07our crosshair. goes below the low to the
8:09left hand side. That's always going to
8:11stay the same. Maybe if you guys want to
8:13do a partial point, that's a valid
8:14partial point. Partial point right
8:16there. And then of course you have the
8:17highs as well. So just like this. Let's
8:20see what occurs.
8:23This is actually very important. Okay.
8:25And I get this question a lot. I'm going
8:26to delete the buy tool just for now to
8:28clear up the chart. But everyone always
8:29says, "Oh, Marco, what time frames do
8:31you use for this? What time frames do
8:32you use for that?" Check this out. It's
8:34very simple, but so powerful. I think we
8:37can all agree if you look at this price
8:38action right here, it's very squeezed
8:39up, okay? Very bunched. It's hard to
8:42understand what's going on. So, go to a
8:44lower time frame. That's all I do. Now,
8:47look on the 5m minute. It makes more
8:48sense. Look at what we've done. We've
8:50taken out a high. Price comes down. This
8:52low respects this low. So, what has that
8:54done? It's built liquidity at the low.
8:57So, plot a blue line here that
8:59identifies for us that we have liquidity
9:01below this low at 25610.
9:04What a coincidence. Again, check this
9:06out. We have a liquidity block below.
9:08Would you look at that? A possible
9:10scale-in opportunity. Entry would be at
9:12the low, stop loss below the liquidity
9:14block. And in this example, I would not
9:17be partially at this high. Why? Cuz it's
9:20only a 1 to 1.6. So, what what I would
9:23do is as soon as this high is taken, I
9:25be my entry. That's fine. And then I'd
9:27hold to my actual full target being up
9:29at the highs. So, I'm going to plot on
9:31both buy tools. You have the extreme
9:33entry being down here. Perfect. And
9:37a confirmationbased entry that's taken
9:40off the 5minute chart is right here.
9:43Okay. So, look what we do. We build
9:44liquidity again at 25610. Price comes
9:48down
9:49and tags us in. So, I'm going to move
9:51this tool over. There we go. We're
9:52tagged in our second entry. Remember,
9:55we need logic. Why are we going up? Now,
9:59we can all agree that we see some form
10:01of liquidity to the upside. We see
10:03sellers left in the market to the
10:05upside. So, we want to target that.
10:08Okay? There's our logic. There's our
10:09reasoning. This is not a pattern. Okay?
10:12You guys need to understand that. Forget
10:14that pattern perspective. That's not
10:15what we're doing here. You need to
10:16understand the foundation, the logic
10:18behind these moves. Extreme entry tagged
10:21in. Now, we have our pullback entry
10:23tagged in. Let's see how this plays out.
10:25And boom. Just like that. partial point
10:28first hit here at 25745.
10:31And now we're hunting for that higher
10:33time frame target. Let's play it out.
10:36And boom, just like that. Okay,
10:39clockwork. I hope you guys are starting
10:41to see the similarities between these
10:43entries and previous entries I've shown
10:46you in the past. Okay, remember, don't
10:48take them, hold them side by side, and
10:50look at them from like a pattern
10:51perspective. No, you need to understand
10:53the logic behind these charts. what I
10:55just took you through for the last 10,
10:5812 minutes. Okay, I hope you guys
11:00enjoyed this breakdown here. All right,
11:02guys. If you enjoyed today's video,
11:05please leave that like. Comment down
11:07below what other videos you want to see
11:08from us, what videos you enjoy, so maybe
11:10we can make more of those in the future.
11:12Without further ado, guys, we'll talk to
11:13you guys soon. All the best. to take
11:14care.