Trading Swept Pointers | Trading Bootcamp - Episode 8

0:00Yo, welcome back to I think it's episode

0:03what? What the [ __ ] are we on, bro?

0:05Episode 9? Episode 8? What is it? Let me

0:08see. Episode 8. Episode 8.

0:11Today, we are going to be talking about

0:13swept pointers or coiners that include a

0:15draw on liquidity. This is going to be

0:18Technically, it's a re-recorded video. I

0:20did this in one take and it was like a

0:2145-minute long video. If it ends up

0:24being 45 minutes, I'm just going to

0:25crash out and say [ __ ] it, I'm uploading

0:27this [ __ ] I'm not doing this [ __ ]

0:28again. I'm trying to make the boot camp

0:29as clean as possible. Sometimes there's

0:31going to be some carry over, but when it

0:32comes to the specific concepts like you

0:34saw with the untapped FPGs, we want to

0:36be really precise about what we're

0:37doing. So, today I've just put us in

0:39random price action. We're going to go

0:40in and look at more price action as

0:42well. I want to talk to you guys about

0:44swept pointers. This is again, we're

0:45still in the confluence building stage

0:47of my model. You guys do not know how to

0:48take trades in my model. I had someone

0:50ask me in the [ __ ] Discord. I'm not

0:52going to shame you. You know who you

0:54are. Said something along the lines of,

0:56"Is MAC just pointers and untapped

0:58FPGs?"

1:00And that's the full trade and no. No. We

1:02use it in confluence as a confluence in

1:05a set of conditions. So, please, please,

1:08please be patient, okay? At this point,

1:11you might know most of my a good bit of

1:13my strategy from prior videos, but I

1:15promise you none of no one

1:18like truly, truly knows

1:21MAC to the extent of which you will know

1:23MAC if you finish the boot camp. Just

1:24wait for it to be finished. It's coming.

1:26It's on its way. The videos are just

1:28delayed, okay? I'm trying to find the

1:29best way to upload them on YouTube. So,

1:31that being said, let's get into it,

1:32boys. Make sure to subscribe. Make sure

1:34to like the video. Make sure to share

1:35that [ __ ] If you have any comments or

1:37questions below, ask them as well. I've

1:38been answering or replying to all that

1:39[ __ ]

1:40as we've gone. So, if you have any

1:42questions, just let me know. Join the

1:44Discord, too. Live trading is coming

1:46back very, very soon. I have an

1:47announcement. Just watch the Discord

1:48very soon. It's going to be coming back

1:50sometime in April, probably late April,

1:52once I take care of some some stuff that

1:55I'm not going to say anything on it yet,

1:56but we have some really exciting news

1:57coming very very soon for my family. So,

1:59that being said, okay, what is a sweat

2:01pointer or why is it important? So, a

2:02sweat pointer

2:04is something I discovered

2:05pretty like not I'd say pretty soon

2:08after I had started using MAC

2:10and it was a kind of a disqualification

2:12of some of the stuff I was looking into.

2:16It was one of the exceptions to the

2:17rules. It was one of those things I'm

2:19like, well, this isn't necessarily

2:20abiding by all the rules I had written

2:21down. The next video we're going to be

2:23talking about all of our pointer rules,

2:24I think. That's the way I want to break

2:26it down, but I want to teach sweat

2:27pointers first.

2:29Um

2:29I noticed that sometimes

2:32there would be exceptions to the rule

2:35and I needed to build use cases for

2:36them. So, that's what this sweat pointer

2:37is. It's a thing that'll happen pretty

2:40frequently in the market with reversals

2:42or strong continuations as a result of

2:45just how the candles form.

2:46Basically, what a sweat pointer is is a

2:48pointer, if you remember from the last

2:50video when we talked about pointer the

2:52video before that we talked about

2:53pointers.

2:54Basically, the definition I gave you was

2:56an efficient closure

2:58validating an F F E G, right? So, you

3:00have an F F E G and you efficiently

3:01close within the wick range of the

3:03previous candle, right? So, you're not

3:05breaking structure, you're moving away

3:06validating the F F E G or the I F F E G,

3:08whatever the case may be, but you're not

3:11breaking structure, but you're still

3:12moving away. That was what a pointer was

3:14and you can identify a lot of them on

3:15the screen right now if you paid

3:16attention to the video. What a sweat

3:18pointer is is it adds a variable of test

3:21that you have to kind of

3:22you can't treat like a standard pointer.

3:24It could be a regular pointer. The way

3:27you want to look at it. You didn't play

3:28with your toys all bro, it's the second

3:31I started this video. You guys have

3:32noticed this [ __ ] I love her to pieces,

3:34I swear to god. We were playing for like

3:352 hours before I made this video. She

3:37wasn't making any noise. She wasn't

3:39playing at all. She was asleep for

3:40hours. The second I click record, squeak

3:43[ __ ] squeak on this goddamn [ __ ]

3:45this [ __ ] platypus toy. I bought this

3:47[ __ ] like 50 [ __ ] toys, bro, and

3:50it's she picks the loudest one when I'm

3:52recording.

3:53Anyways,

3:54um

3:55What the [ __ ] was I saying? So, a swept

3:57pointer adds a variable, which is a draw

3:58on liquidity on the efficient closure.

4:00So, you're still efficiently closing,

4:01still efficiently validating pointing

4:03off of an FVG, but the difference is you

4:06have a buy side or sell side sweep in

4:08the direction of the pointer closure.

4:10So, if you want to think about it like

4:12this,

4:13here is your pointer closing within the

4:15wick range of the previous candle,

4:16right? That's a pointer. What a swept

4:18pointer does is add the variable of

4:20this. You're still closing within the

4:22wick range, you're still efficiently

4:23validating. You can't create a fair

4:25value gap on the closure, which is by

4:26definition what the pointer is solving.

4:29If you remember from the video, I

4:30explained why we use pointers, why we

4:32use that confluence, why I built it,

4:33it's because of this exact reason,

4:35right? It cannot create a fair value

4:36gap, so therefore it will reduce the

4:38likelihood of being retraced on a supply

4:40or demand validation. So, we're not

4:41getting in on obviously you got volume

4:43imbalances and stuff form with you in

4:44price, but in this case, you can't you

4:46mitigate a lot of the volatility you can

4:48get from a retracement. So, what do we

4:50have to do? Well, basically what we have

4:52to do is you have to test this draw on

4:54liquidity or the swept high. So, let's

4:55draw this out a little bit bigger so we

4:57can annotate this.

4:59Okay.

5:01>> [snorts]

5:01>> Boom. And then we'll just give it one of

5:03these. So, this is what we call the

5:05swept pointer, the swept pointer high.

5:07Again, you can have this at a low as

5:09well. And we have three main things that

5:11we're going to look for, okay? We need

5:12to understand three things. This goes

5:13for really everything, but we need to

5:15understand three things um when it comes

5:16to the swept pointer is determining

5:18whether or not we're going to see an

5:19expansion through, a continuation or uh

5:22reversal from, or a consolidation. These

5:24are the three market states that you can

5:25get, the three states that you can get

5:27deliveries off of

5:29um like from the reaction to this high.

5:32So, essentially we need to understand

5:33what it what does it look like when

5:34price is going to consolidate at the

5:35high, expand through the high, and

5:37retrace through the high. What do we do

5:38when all those cases happen? Well, we're

5:40taking a bullish pointer off of an FVG,

5:42right? Which is essentially what we're

5:43doing here. We still want to get in on

5:45longs. There's a variety of things you

5:47can do here. Okay, there's a bunch of

5:48things that you can do here and I want

5:50to make this very clear. Um and we have

5:52a separate video on this coming soon.

5:53The pointer doesn't necessarily matter.

5:56It It's the context of what you're

5:58trading into. We have a whole video on

5:59context and and how to build like an

6:01understanding of when and not and when

6:03to trade when not to trade, etc. But the

6:06the actual swept pointer being there

6:07doesn't really [ __ ] matter because

6:10realistically, what's holding back this

6:12swept pointer? What would be the reason

6:14why this swept pointer would fail? Well,

6:16or by fail, I mean retrace on the low.

6:19Cuz what should a swept pointer bullish

6:20swept pointer off of an FFEG do? Or just

6:22a regular pointer off of an FFEG go

6:23higher. And so, why would this fail?

6:26It's because there's some type of

6:27liquidity here from an FFEG that would

6:30insert sell volume to the downside,

6:32right? We're still supporting that that

6:33um sell side using an FFEG. That's what

6:37the a failing bullish pointer

6:38essentially means. And so,

6:40if we're looking at like um if we're

6:42looking at like a um

6:46a consolidation, for example, you're

6:48going to see it fail and then succeed on

6:51both sides, both access points. But what

6:53what matters? What's the thing that

6:54matters in this example, right? It's

6:56going to be the FFEG that it's attached

6:58to. So, you don't need to do any of the

6:59these tests if the FFEG if there's a

7:02bunch of [ __ ] FFEGs here, right? You

7:04don't need to do any of these tests if

7:05there's a bunch of FFEGs. The test is

7:07simple, okay? Uh basically,

7:10this pointer becomes an official

7:12pointer, it is validated, this closure

7:13right here is a valid pointer entry.

7:16These areas of control,

7:18pointer area of control we're going to

7:19talk about in the next video,

7:21um

7:22is going to be the idea that we're going

7:23to reuse the same level, the same range

7:25where the pointer formed if it hasn't

7:26been invalidated to take more trades

7:27from. Um this is a little bit of a

7:29complicated process, but when we're

7:31looking at like the swept pointer, it

7:33becomes valid the moment we break this

7:35high. Right? Once we sweep through this

7:37high and continue through this high,

7:39this was is valid entry. But how do you

7:41treat that, right? Well, basically

7:43you're going to treat it like a regular

7:44pointer. You're going to take Again, you

7:46don't really know the model yet, but

7:47you're going to take half of your

7:48position size. If you're taking notes,

7:50just take half of your position size

7:51here, and then wait to do the the rest

7:54of your position size once you break the

7:56swept pointer high. Once this swept

7:57pointer high is broken, and again, this

8:00is all considering with context, this is

8:01all considering that you're not trading

8:03within a big FVG. Cuz what does it

8:05matter if you trade through the the

8:06swept pointer high if this is a 5-minute

8:08FVG, for example, and then that last

8:101-minute candle on the 5-minute

8:11timeframe closes down? Well, sure you

8:13broke the swept pointer high, and this

8:14is what happens all the time when you

8:15guys pattern trade these [ __ ]

8:17pointers. You get cooked with swept

8:18pointers all the time cuz you're worried

8:20about the swept pointer failing. You're

8:22not worried about the FVG, which is the

8:24reason why it would fail. So, you want

8:25to use the FVG to time the closing of

8:28these candles. What would be better, for

8:30example, is if you had a swept pointer

8:32through the FVG, and then you broke the

8:35high and closed. You see what I mean?

8:37And this is the last FVG. In our next

8:39video, we're going to be talking about

8:41uh What was it? Uh

8:43techniques like additive trims, pointer

8:45techniques, and um

8:47[ __ ] what was the other one? I just

8:48said it

8:49a couple seconds ago. [ __ ] Someone

8:51remind me in the comment section what I

8:52said the next video was going to be on.

8:54I literally just forgot. But, basically,

8:56when we push past this high, what this

8:58means that this pointer was a validation

9:00of this FVG. It means that this buy side

9:03sweep Why do we have to test it? Well,

9:04this buy side sweep could inject new

9:06volume to the downside. If a buy side

9:07sweep moves lower, what does that mean?

9:08That orders are being filled at the

9:09high. So, if we move through the high,

9:11what does that mean? There were no

9:11orders being filled at the high. But, if

9:13there's this fat FVG, we could entrench

9:15a little bit deeper on that FVG and then

9:16hit the level here and then dump. That's

9:18the point I'm trying to make. The swept

9:20pointer logic doesn't matter if you have

9:21a fat FVG you're trading into. Again,

9:23more on this later. I just want you to

9:24understand how swept pointers work. This

9:26is valid when this breaks, when you move

9:28past this, when it breaks.

9:29When

9:31uh you see a reversal from the high, buy

9:33side sweep move lower, then this is not

9:35a valid

9:36entry for the trade. You would want to

9:37reduce your position size. Ultimately,

9:39what's going to get you out of this

9:40trade is going to be the full bias. You

9:44want to think about your when you think

9:45about setting a bias in the market,

9:47untapped FFGs pointers. When was the

9:50last pointer formed out of the last

9:51untapped FFG? That's going to be the

9:53principal logic behind all of our

9:55executions. So, you're never really out

9:57of longs even if you might run out of

9:59contracts, you're never not looking for

10:01longs if you don't get a pointer against

10:03you, right? So, once we get a pointer

10:04against us, that closes off our our

10:05reason to go long, okay? But, we can use

10:08the the the price action from the logic

10:12on the high to feather down the position

10:14that we might be in on long. So, if

10:15we're in longs here, the logic that we

10:17get from here, if we get like low time

10:18frame inefficiencies or if we just move

10:20lower, we can feather down the position

10:21and reduce our position size. If we come

10:23in and retrace the low and we don't make

10:25any inefficiency, we don't make a

10:26pointer, we can add some more contracts

10:27back in

10:28assuming that we can break whatever FFG

10:30we're we're held between. Or you can

10:32just wait for the FFG to break and then

10:34add your extra contracts in there. We're

10:35going to be going on that topic later

10:37with um the next video with like all

10:39that good stuff, okay? Now, the third

10:41option is that you can consolidate which

10:42I briefly mentioned, which is basically

10:43where you validate the bearish FFGs that

10:46were here or whatever and you're still

10:47stuck between these bullish FFGs and

10:49price is kind of consolidates and goes

10:51nowhere. So, your job as swept pointers

10:53is to understand that they become valid

10:55when you break the higher low, if it's

10:56you know, a high or low on a higher low.

10:59If you you know, once it breaks, it

11:00becomes valid.

11:01If it doesn't, it becomes the source of

11:03a retrace retracement or whatever.

11:05And so, I want to talk about this.

11:07Every almost every

11:09um

11:10market state reversal, not just a

11:11reversal, not just like a little one of

11:13these in this case it did, but not not

11:15everyone, but a fully fledged market

11:17market state reversal, we actually get a

11:19fully, you know, bearish or bullish

11:21range in price, not just like a consult

11:24into a straight consolidation like in

11:25here. Um should come with some type of

11:27swept pointer at the higher at the low

11:29before the reversal. The reason why this

11:31is the case

11:32is strictly because you're buy side

11:34sweeping into a high, you're adding and

11:36and injecting that new liquidity,

11:37validating an untapped I FVG, and then

11:39we usually create an untapped I FVG from

11:41that. So, if you look at the high of

11:42this reversal, you'll notice that we

11:44have a swept pointer right here. You see

11:47we have two swept pointers. We have a

11:48swept pointer here. You notice we are

11:49closely closing within the wick range,

11:52probably validating some previous I FVG

11:53or FVG. You can see that there's a

11:56bearish order block in here, so there's

11:57probably bearish I FVGs in there. Just

12:00kind of briefly looking at this. We can

12:01look at it specifically, actually. Let

12:02me just make it easy to see. You see how

12:05we have this 5-minute

12:06um swept pointer to the outside right

12:08here.

12:09I want you to pay close attention to

12:11what's preventing it from leaving, the

12:12FVG, right? So, what's the point of

12:14testing this high if really what you're

12:17more concerned about is

12:18This is going to be our next video.

12:20These guys in here, right? Because this

12:22is what's preventing you from going

12:23higher. Just because we break this high

12:25on the 1-minute time frame, or whatever

12:27the case is, cuz as long as it breaks,

12:28it could be in any time frame. But, what

12:30matters most is

12:31do do we get that closure out of the

12:33supply and demand range? Because that's

12:34ultimately price trying to do, gap up

12:36and down to different supply and demand

12:37ranges. So, what we can do

12:39is we can look at this high. I just want

12:40to look at it briefly and explain this,

12:42but we can look at this high, right? And

12:43we can get logic on this high, right?

12:45So, just ignore what I said about that

12:46for now. We're going to go to this high.

12:48We're going to see if we get that

12:481-minute break. Do we get that closure

12:51through the high? We wick through the

12:52high, so therefore this is a valid

12:54pointer. This is validated in our in our

12:57eyes. The the pointer high has been

12:58validated.

12:59Um and again, it gets replaced with a

13:01another pointer. Why do we keep getting

13:02swept pointers into this set of FVGs?

13:04Well, we know that there's going to be a

13:05reversal. So, when you are validating

13:07the FVG or whatever FVG traded into, um

13:11that's going to spark the reversal,

13:12you're going to see this often, where

13:14it's going to fail upwards into the

13:15deepest points of the FVG, sweeping and

13:17sweeping more liquidity. And so, you're

13:19getting all this room to test. The The

13:22most obvious reason to not take a swept

13:24pointer is going to be if you have a uh

13:26a unfilled inefficiency that develops

13:28off of the buy side high. So, like or

13:30sell side high if you're sell side low

13:31if you're looking at like a bearish

13:33reversal up, right? So, in here, even if

13:35we have a 5-minute pointer with sweep

13:37pointer or whatever, we go to that

13:381-minute time frame and we see like a

13:391-minute inefficiency against that. In

13:41fact, we don't actually know yet. If we

13:43develop a 1-minute inefficiency, then

13:44this is just [ __ ] Sometimes you'll get

13:46the data beforehand, sometimes you

13:47won't. Like it just depends on how the

13:49the candles close because it's different

13:50time frames, right? So, ultimately we

13:52can look at this again. We'll throw this

13:54up here.

13:55Go to 1-minute time frame and see what

13:56data we get on this side. Okay, it's

13:58right here. Notice how we are not

14:00pushing through the high and do we close

14:01an inefficiency?

14:04We did not [clears throat] close an

14:04inefficiency, so if anything at least

14:06we're consolidated off the draw. And

14:08essentially, we're still looking for

14:09longs. No no longer looking for longs

14:11because now we have this bearish pointer

14:13to the downside. See if we have that

14:15bearish pointer to the downside off that

14:16same FVG set, that 3-minute pointer.

14:18Essentially, this 5-minute isn't even a

14:19real candle, I don't think. Is it? No,

14:22it's not. So, that 3-minute pointer,

14:24that 5-minute pointer invalidated the

14:26reasoning to look for longs. Now, we're

14:28not assuming the consolidation yet

14:29because we have no prior, you know,

14:31consolidation pattern. We'll talk about

14:33PO3 in one of our videos soon. Probably

14:35should be the next one, too.

14:37It's just hard to break these down in

14:38the meeting in the right way possible.

14:40So, now that we have this 5-minute

14:41pointer to the downside, what do we

14:42notice about it? Well, it's a sweep

14:43pointer, right?

14:44What's better about the sweep pointer?

14:46Well, we don't have [ __ ] seven FVGs

14:48in here. I mean, now there's only two.

14:49We only have one, right? It's a 3-minute

14:51IFFG. Meaning in order for price, if you

14:53know about the additive term principle,

14:54which we'll talk about in the next

14:55video. If you know about the additive

14:56term principle, we know that we have to

14:57break this low in order to guarantee

15:00this gap. So, what you'll notice in

15:01price,

15:02and this is just how pointers work, and

15:03this is just how This shows you how

15:05valuable my rules are,

15:07is they're not just made up out of

15:08nowhere, right?

15:09If this low breaks, that validates sweep

15:12pointer is a valid It's a valid pointer,

15:14right? That means that entry was valid.

15:15What you'll notice is every single time,

15:17100% guaranteed, this with additive

15:19terms, it will go to this next FVG. So,

15:22that proves that the sweat pointer test

15:24is actually a fundamental market like

15:25truth. It It works and that's how the

15:27market works. Like, it's just valid

15:29because if it wasn't then it wouldn't

15:30gap down to that FFEG who'd like

15:31retrace. So, this is evidence that the

15:33sweat pointer test is valid. So, we have

15:35a 3- and 5-minute sweat pointer to the

15:37downside. Ultimately, in order for this

15:38whole system to break, you need a

15:393-minute inefficient break in structure,

15:41a full closure over that IFFEG. But, we

15:43can still use the the low here to test,

15:46right? Once that low breaks, that's

15:48going to be the bread and butter.

15:48Remember what I said about the

15:51um adding half your size in the pointer,

15:52the rest of your size on the

15:55um on the break of the FFEG that you're

15:56stuck on? This is exactly what I mean.

15:58So, your entrance would have been the

16:00sweat pointer. You could have

16:02potentially feathered down that position

16:03and then maybe resize back in again once

16:05cuz we had a consolidated draw on that.

16:07Here was that original draw,

16:08consolidated draw, and then you could

16:10feather down that position, then feather

16:11back in since there was no pointer

16:12against us, and then get the rest of

16:14your contracts in once that This is that

16:163-minute FFEG broke. Then, once that

16:19breaks, it's all hell, right? We saw

16:21it's all dumps. Take a look. That was

16:22that break that we needed. We'll go back

16:24to that time frame. Want to kind of

16:25express that real quick. Once that

16:27breaks,

16:30>> [clears throat]

16:31>> as long as you get no pointer against

16:32you,

16:33it's valid. It's going to keep using

16:35Conveniently, it's going to keep It's

16:37going to keep using the previous pointer

16:39range to justify up. See how we had that

16:40small retracement to the 1-minute time

16:41frame. But, that small retracement was

16:44still in the range of previous pointer,

16:45right? So, we're still using the same

16:46pointer to justify for shorts. And then

16:48we see this beautiful dump to the

16:49downside. Very, very clean dump.

16:52Very, very nice. So, something really

16:54cool about sweat pointers that you can,

16:56you know, work with is understanding

16:57that the FFEG is what's going to control

16:59the narrative on whether or not that

17:00pointer succeeds or not. So, it's not

17:02about testing the sweat pointer in all

17:04circumstances. It's looking at what are

17:05we testing into? What are we trading

17:07into? And how can we use that to make

17:09decisions, better decisions, right? So,

17:11going forward, right? You're not

17:12probably going to be interested if you

17:13have like a 7 billion FFEGs to look at

17:15this guy here, right? It's like, bro,

17:17Cuz we don't care about this. What we

17:19want to see more of is trading into the

17:21the the utmost high of the F F G and

17:23then doing something like this and then

17:24we can test it as long as you have some

17:26range to gap into. So again, we're going

17:28to be going This is like very hyper

17:29specific stuff. We're going to be going

17:30into techniques with all this. I'm just

17:32teaching you how they work and what we

17:34want to look at them like. So, you'll

17:35notice like every single reversal has

17:37like swept pointers attached to them. I

17:39get this question a lot. Like sometimes

17:40people think that like it's very cute,

17:41but sometimes people will think that

17:43like I don't know these things or like I

17:44haven't like figured this out. Dude, I

17:46literally dedicated 2 years of my life

17:49to learning everything there is about

17:50MEC. I built MEC from [ __ ] clay. I

17:52molded that [ __ ] okay? It came out of

17:55my uteral lining and I birthed it, okay?

17:57It's mine. So, I've experienced

17:59everything you could possibly experience

18:01with MEC. I know exactly like how it

18:02works in every way. I'm still obviously

18:04learning in the market, but MEC is just

18:06perfect. So, this again, 5-minute swept

18:09pointer low, you can see that it

18:10sponsored the reversal.

18:12Um we see a reversal from these lows.

18:14Now, again, that that that character

18:16isn't validated until you get a pointer

18:18that confirms the direction of price,

18:19right? And so we have that pointer to

18:21close. We don't necessarily uh want to

18:24be fully convicted in those longs or in

18:26those shorts, whatever the bias is. We

18:28can prepare for that type of trade. We

18:30can get in something like that, but we

18:32don't want to jump the gun uh

18:33irrationally and take a bad trade um

18:36into something that doesn't We don't

18:38have to take the risk on if we don't

18:39need to. Um

18:414-minute

18:43uh yeah, 4-minute and a 5-minute right

18:45after that on ES. So, you can use it to

18:47prepare,

18:48but again, what's going to validate

18:50order flow, what's going to validate the

18:51the actual change in state is going to

18:53be that new pointer. But it's going to

18:54use that range. It's just supply and

18:55demand. And again, we see another really

18:57clean reversal coming up here as well.

18:59Um this one had another swept pointer,

19:02but let's look at this one.

19:04Here's the swept pointer here. See this

19:055-minute swept pointer? So, what is it

19:07doing, right? Why is this swept pointer

19:08validated tape? Why is it not as bad?

19:09Well, basically, all you need to do is

19:13you draw out this 5-minute sweep pointer

19:14low here. All we need to do is

19:17understand that when will price reverse?

19:18Well, it can reverse off any of these

19:20FFPGS. We know that price can reverse

19:22off any single one of those FFPGS.

19:24What would suck is if we break the

19:261-minute low then create a pointer

19:27against us. So, what you can do if you

19:29want to is you can enter half of your

19:32contract size here cuz you can't do any

19:34additive trims unless you can do a like

19:36size on this type of trade. You can take

19:38half of your position size and then you

19:40can enter a like a limit order or

19:42whatever you want to do, market order on

19:44a break of the the highest time frame

19:46FFPGS. Uh whenever the whatever main

19:48structure here is going to break, that's

19:50going to cause this gap. Uh this might

19:51be a foreign idea to some of you guys

19:53cuz you don't know about additive trims,

19:54but we'll get to that later on. You can

19:57feather in the rest of those positions

19:58as like a way to make an extra what is

20:00this, 30 points just from this

20:01inefficient leg that'll form

20:03uh in that if it does form in that

20:05range. And we see it happens right

20:06there. So, that inefficient break, three

20:07points right there. So, you could have

20:09entered light on the on the sweep

20:10pointer, tested the sweep pointer once

20:12the the the

20:12you know, the sweep pointer tested and

20:14validated. You can't really do any

20:15additive trims. You can't really add any

20:16extra contracts. The FFPGS so fat. But,

20:18the cool thing is we have that big gap

20:20that we can use to get back uh those

20:22contracts that we couldn't previously.

20:23And you can see this does a really

20:25really good job of dumping here. And we

20:26have another 5-minute This is just a

20:27regular 5-minute pointer here off these

20:29lows.

20:30Um and so,

20:32just a standard trade, standard 5-minute

20:34pointer to the to the lows there. Again,

20:36we see uh a sweep pointer turn into a

20:38pointer. And then probably we

20:40consolidate for a little bit. Yeah. So,

20:42understand that a consolidation is built

20:44out of swept pointers because you're

20:46sweeping and if you remember from the

20:48video on consolidations, uh we talked

20:50about maybe not, but should have. We

20:53talked about the idea of induction or

20:56basically uh getting people to place

20:58trades irrationally. And so, if you

20:59imagine this is the buy side and sell

21:00side, if you have FFPGS and FFPGS, every

21:03time you pull into the highs, you're

21:04adding orders. Every every you pull into

21:05the lows, you're adding orders. High,

21:07adding order to low, adding order. Well,

21:08how are you doing this? Well, you're

21:10doing this using swept pointers. If If

21:12we find the area that price consolidated

21:14in,

21:14which is generally this range of price,

21:16you'll notice that we're going to see a

21:17lot of swept pointers in this area. Take

21:19a look. We see We already kind of looked

21:20at this. One,

21:22uh not really a pointer.

21:23Uh

21:25I'm only on one time frame, of course.

21:27This isn't even that crazy of a

21:29consolidation. It's not even really that

21:30big of a consolidation. Let's look at

21:31one that's a little bit

21:33a little bit tighter, and then you'll

21:34see exactly what I mean. Okay, this is a

21:36really good example.

21:38>> [snorts]

21:41>> Uh okay, so 5-minute swept pointer.

21:43Boom. This is a swept pointer. Doom,

21:44bro, because this swept pointer

21:45specifically, right? It's like, "Dude,

21:48you can clearly see there's probably

21:49like a low time frame inefficiency in

21:50there. It's just that such a big candle.

21:53[ __ ] that. 5-minute swept pointer.

21:555-minute swept pointer. 5-minute swept

21:57pointer.

21:585-minute swept pointer.

22:025-minute swept pointer. You see how the

22:03consolidation is built out of these

22:04ranges? So, your job is not It's to

22:07treat them just like regular regular

22:08pointers and understand when we can size

22:10and feather in those positions. Just for

22:12now, don't have any specific like

22:14notions of how you're going to take your

22:15entries with them or how you're going to

22:16like get extra contracts in, cuz I think

22:18that's going to just kind of confuse

22:19you, but

22:20understand the test behind it.

22:21Understand what we're looking for. We

22:22are trying to test the potential buy

22:25side or sell side sweep. We're adding in

22:26a new variable of sweeping out

22:27something, and so we have to test that.

22:29That test will determine whether or not

22:30we validate that that new market state,

22:32and we, you know, confirm that change of

22:34state of delivery, or it's just going to

22:36get ran through, right? So, don't really

22:38do anything too crazy with this just

22:39yet, cuz we still have to learn all of

22:40our other rules, but I wanted to break

22:42down the pointer rules as much as I

22:43could into individual videos. I think

22:45that's everything I needed to teach

22:46about swept pointers. They happen at the

22:47lows and highs of reversals. We have to

22:49do the swept pointer test on them.

22:51There's three conditions on them. Um you

22:53feather in your positions after you have

22:54inefficient breaks on the FFEG that

22:56contained the price, and then you can

22:58feather it down if we get consolidated

23:01draws on the draw. If we don't get a

23:03pointer against us, you can refill.

23:05You're never fully out till the pointer

23:06is confirmed in the opposite direction.

23:08It would be great if you could fill it

23:09every single you know, sweat pointer to

23:11low, but ultimately

23:13you will you will benefit more from

23:16getting the confirmation cuz you will

23:18always make money. You will always make

23:19money trading. But sometimes it's more

23:23important and not to worry about the

23:24alpha, but to worry about like like how

23:26much you're losing, right? And so sure

23:28like you could make money using like you

23:30know, taking like for example this

23:325-minute sweat pointer, right? You could

23:34have just you know, entered because it's

23:35a 5-minute sweat pointer to low and just

23:36expect a reversal, but we consolidated

23:38it, right? And then pushed through it.

23:39Cuz ultimately

23:41it's not confirming anything about

23:43anything that we don't know already,

23:44right? It's not we're not automatically

23:45looking for longs. We're not

23:46automatically trying to inverse it

23:47because we know that they sometimes

23:49happen reversals. We also know that

23:51sometimes they happen to create

23:53continuations. We don't have any

23:54assumptions on them, right? No

23:55assumptions because it's just

23:57assumptions are just not going to to pay

23:58dividends. We're going to be able to

24:00easily make money. The issue is how do

24:02we not give money back to the market?

24:04That's going to be our main objective.

24:06I expect a lot of questions on this just

24:07cuz it's you know, you lack a lot of

24:08knowledge in terms of like the other

24:10stuff, but

24:11I'm happy to answer them. Just I would

24:13say just just kind of let the

24:14information sit and how these work,

24:15right? Take a look 5-minute sweat

24:17pointer, 5-minute sweat pointer

24:18induction at the high reversed with a

24:20new pointer to the downside.

24:22Right? It's pretty simple stuff. You

24:24just have to kind of hop into price

24:26action, feel it out a little bit.

24:28Um might be able to find a couple more

24:30examples in here. Now not not every

24:31single reversal is going to have a sweat

24:34pointer and the reason why is cuz it

24:35doesn't actually have like a full market

24:37state change. Like these little tiny

24:38ones in here, they never really get the

24:40chance to make that that higher time

24:42frame sweat pointer because they don't

24:43reverse very hard.

24:45Um it's just just how the cookie

24:47crumbles. Um obviously the lower time

24:49frame you go, the more fractal it gets.

24:50So

24:51it's super consolidated.

24:54Kind of want to show an example if I

24:55can.

24:57I don't have another continuation.

24:59Swept pointers of doom and there's so

25:01many so many swept pointers. Swept

25:02pointer, swept pointer.

25:03Uh

25:04swept pointer.

25:06Yeah.

25:07Okay, again right here. Another

25:08reversal.

25:10Reversal of the swept pointer. Probably

25:11low time frame pointer in there that we

25:13can use.

25:14Um unless this is actually end of day

25:15though, so maybe not. Might have not had

25:18time for it. We'll see if we ended up

25:19getting it.

25:20Right after the point. Yeah, right

25:21there. Take a look. And that's just one

25:23time frame. Like you look at all your

25:25time frames here. Yeah, there's two

25:27There's so There's two pointers. There's

25:28what? Two pointers.

25:33There's three pointers you could have

25:34entered on. There's no way you missed

25:36this. Boom. Yeah, I'll show you all the

25:38different entries you could have gotten

25:39on this. Boom.

25:40Um

25:42Uh-uh

25:44Boom.

25:46Boom. Boom. Boom. Literally this whole

25:49area is like valid as [ __ ] We can

25:51anticipate We can use it to test for the

25:52reversal. You can use the logic from a

25:54swept pointer to test the reversal. And

25:55then you can kind of get You wait for

25:57that to happen then get ready to get in

25:59on the opposite trade.

26:01Um but yeah.

26:02It's really good to use with untapped

26:04FVG's. Like pairing a swept pointer like

26:06this this sequence right here. Swept

26:08pointer into untapped into pointer. This

26:11is like ultimate confluence, bro. Like

26:13this is like ultimate reversal theory,

26:16right? The distance though that the

26:18actual length of the reversal is Holy

26:20[ __ ] Did this just change in real time

26:22or am I Am I

26:23Am I just slipped K in my [ __ ] bro? Did

26:26it just darken or am I tripping balls?

26:28Holy [ __ ] All right. Um

26:30[ __ ] me.

26:32Forgot what I was saying. But basically

26:34the distance of the reversal is going to

26:35be determined by the FVG's. So don't

26:37worry about the pointers. Don't worry

26:38about testing in all cases. The distance

26:40in the market is determined by the

26:41FVG's. The pointer just guarantees where

26:43it's going to go for a certain amount of

26:45distance. If you have any questions,

26:46again, I expect them from this video.

26:48Drop them in the comments below. Join

26:49the Discord. Um get the indicator. If

26:51you want the indicator on the screen, it

26:53shows FFG's, IFFG's, pointers, EQ range,

26:55SMT's, all sorts of liquidity, [ __ ]

26:58untapped FFG's, everything you can need.

27:00Indicator toolkit, comment section

27:01below.

27:02Free trial as well. What else is there?

27:04Uh,

27:04I think that's it.

27:05You guys want to see the dog? Yeah, I'll

27:07show you the dog.

27:08She's actually being really sweet right

27:09now. I don't know why she likes to be a

27:11hell-raiser on videos, but she's being a

27:13little sweetheart right now, actually.

27:15Uh, this is little Nina.

27:17This is your reward for making it

27:18through the video. If you made it

27:19through the video, say um,

27:22something really racist or something.

27:24Look at her.

27:26Look at this little thing, bro.

27:32All right, that's enough.

27:34Deuces, [ __ ]