Full transcript
0:00Yo, welcome back to bootcamp episode 10.
0:03Sorry for the delays. I got a little bit
0:05sick and it not sound good. I've already
0:08made this video [ __ ] twice at this
0:09point. Did not feel well. I apologize
0:12for the delays.
0:13Um I think the last time I uploaded was
0:14like 10 days ago or 9 days ago or some
0:16[ __ ] I meant to do three drops since
0:18then, but again I got sick. I don't know
0:20what the [ __ ] it was, bro. I was just
0:21out on my ass. But hopefully you guys
0:23have been doing well. Um the bootcamp's
0:24been performing really well. There's
0:25been a lot of good comments. You guys
0:27told me to reduce the size of my camera.
0:29I reduced the size of my camera. Y'all
0:31don't like my pretty face. It's
0:33It's whatever.
0:34Um but two announcements before we get
0:35started today. Today we are going to be
0:36talking about accumulation ranges PO3,
0:38how to trade it, how to not trade it,
0:40what to wait for, all that good stuff.
0:42Um
0:42two announcements. First announcement,
0:45uh
0:45I will Wait, what the [ __ ] was it? Oh,
0:47yeah, yeah. Um
0:49Wait, what the [ __ ] was the first
0:50announcement? Maybe I only had one
0:51announcement. Yeah, okay. I'm [ __ ]
0:53tripping balls. Um I have a surprise
0:55coming in very soon. I'm actually going
0:56to my hometown tonight. I'm leaving
0:58tonight to go back to my hometown. I'm
1:00surprising my mom with a little bit of a
1:02something something. You guys will see.
1:04More information on that to come. Very,
1:05very excited, very blessed. Second
1:08update is I will be officially A lot of
1:10you guys are going to really like this
1:11one. I'm officially going to be daily
1:13live streaming again full-time like I
1:16did before, starting May 1st. So when
1:18turn of the month, end of this month,
1:20I'm going to be starting live streaming
1:21again full-time just like I did before,
1:23just like we I had been doing for 2
1:24years, back full-time. Uh the reason
1:26why, again if you weren't here, uh I
1:28took time off is A, I was doing really,
1:30really well and I wanted to be able to
1:32just kind of prioritize my own bag for a
1:33little while. I've been making money
1:35money for people for 2 years at this
1:37point. A year consistently of live
1:39trading every day. It was getting to a
1:40point where I was just getting tired and
1:42people weren't appreciating what I was
1:43doing. Um and I also didn't have enough
1:45long-form content or time to make
1:46long-form content, but we're having a
1:48little bit of a change now, so I'm I'm
1:50going to be coming back to the um the
1:52live streaming scene once the bootcamp
1:53is finished, which will be finished by
1:55May 1st. So my deadline to finish this
1:57whole series will be May 1st. I'll be
1:58live trading on May 1st every day. Maybe
2:01not as frequently, not as like all day
2:04or as long as I do, but I will be you
2:06know, I'll be doing the AM session
2:08streams every single day. Maybe not PM
2:10if I'm feeling it or whatever, but super
2:12excited to bring that back. I know you
2:13guys have been asking where where where
2:14have I been? Where where's my streams?
2:16To be honest with you guys, I needed a
2:18break. I needed to hop off for a bit.
2:19I've been doing the same thing every day
2:20for a year and a half. You get tired of
2:22it, but I miss it. I want to come back.
2:24And I've been really just making I'm
2:26making a [ __ ] ton of money, boys. I'll
2:27show you all real quick.
2:29This is today's purse. Actually
2:31yesterday's purse. I did not trade
2:33today. I've been packing up all my [ __ ]
2:35to go back to my hometown. I'll show you
2:36how much money I made on
2:39um these are my my fresh accounts from
2:41Topstep. I have four accounts or five
2:43accounts, well technically five but four
2:45accounts at Lucid that I traded Asia on.
2:48And then these are my accounts. I'll
2:49show you.
2:51Uh I'm going to get max payouts on all
2:52three of these accounts. Um I had four,
2:54but then I accidentally held a trade
2:56through uh news and it got absolutely
2:58[ __ ] annihilated. Fresh account they
3:00just kind of get cooked on. This is one
3:01of my accounts.
3:03Um see if it'll focus in there. Little
3:054K balance on it. Come on, dude.
3:07Got this nice ass camera and it just
3:08won't even
3:10There you go. 4K balance on this
3:11account. Um this is all from one trade,
3:13literally one trade. Copied 3.7 on this
3:16one.
3:17Um
3:19Come on there.
3:21Hello.
3:23You got it.
3:25Oh, maybe it's cuz it's tracking me. Oh,
3:26that's what it is. 3.7 on that account.
3:29And then three uh 4.2 on this one.
3:32So I had a 12K day yesterday. [ __ ] was
3:35[ __ ] lit. Come on. Come on.
3:38Come on.
3:39Come on.
3:41There you go. 4.2. And this is literally
3:43from one trade. So just to show you how
3:45that's uh the [ __ ] is the [ __ ] is real,
3:47bro. This [ __ ] takes time. Obviously I
3:48did not come here in one day. I did not
3:50get to this point in one day. It takes
3:52time to master this skill, especially if
3:54you're new to trading. You know, my tra
3:55my strategy my strategies can be a
3:57little bit overwhelming, a little bit
3:58much, but they are profitable and more
4:01profitable than any of the stuff that
4:02you've seen before. So very good day for
4:03me yesterday. Again, I did not trade
4:05today. I've been packing up most of my
4:06stuff. I didn't even see what was
4:07happening today. I've been trying to fix
4:09my sleep schedule. I've been doing like
4:10these crazy long nights trying to buy
4:12some crazy ass [ __ ] right now. Trying to
4:13buy a house. Trying I usually when I
4:15stream I get to update you guys on all
4:16this kind of [ __ ] but I'm actually in
4:18the process of trying to buy a house.
4:19And so it's a little bit a little bit
4:21taxing and I got to make sure that
4:22everything's straight. So
4:24Uh without further ado, um live
4:26streaming again coming back on uh May
4:271st. So I'm just let me get through this
4:29month. Let me finish up the bootcamp and
4:31then uh we'll go ahead and bring that
4:32back every single day. kick.com
4:35marketxmacri. Link will be in the bio
4:37and the description. Join the Discord.
4:38Get the indicator. Everything is there.
4:39Let's get into it. So today's concept I
4:41want to talk to you guys about is the
4:43accumulations that occur with pointers.
4:45So often times
4:47when we're looking at trading, uh
4:48everyone focuses on the winners, right?
4:50Which is super important. Like a winning
4:51a trade is incredibly important. By
4:53design, by how my model works, we win a
4:55lot of trades. Like our win rate is
4:56incredibly high. Um people that are new
4:59to a strategy often first ask what the
5:00win rate is. And I just feel like that's
5:02such a bad approach to it because you're
5:03just kind of letting your brain just
5:05like disregard anything that isn't over
5:07or under a certain number.
5:08Um I think the best way to really
5:09understand MAC is to see and that's why
5:11I live traded for so long is to
5:12literally see it every single day.
5:14That's why I was so confident live
5:15streaming every day is because I just
5:16win. Like that's just the reality of it.
5:19Um and now that I'm not doing that
5:20anymore, there's and my audience has
5:21grown, it's like it's hard to really see
5:23it when I'm not back testing in front of
5:25you, when I'm not live trading in front
5:26of you. So you kind of have to trust it.
5:27So we have back testing videos coming up
5:28very, very soon.
5:30I think we're only like three or four
5:31episodes out from finishing up like
5:32content stuff and then we have a lot
5:34[clears throat] of like specific details
5:36to work through, but back testing soon
5:39to come. But everyone focuses on the
5:40wins. But part of being a good trader is
5:42also knowing how to avoid accumulations,
5:45predict accumulating days, predict um
5:47like very rangy days.
5:49Obviously not take losses, reduce the
5:50size of your losses. Um exit out of
5:53consolidations very, very quickly.
5:54That's Those are Those are important
5:56just as, you know, the size of your
5:57alpha. You got to limit your um decay as
5:59well. So
6:00with that being said, um PO3 is a phrase
6:03that we used when we essentially
6:05structurally see three or more pointers
6:07that validate FFEGs. The logic is if
6:10FFEGs represents of line demand as we've
6:11kind of gone over, then if you have
6:13pointers, which are the reaction to a
6:16FFEG to take you to the next FFEG and we
6:19assume rule number one is true. If you
6:21remember from our pointer video, we
6:22talked about this, which is that every
6:24implied move starts and ends with a
6:25pointer FFEG. If we know this to be
6:28true, well then what we're saying is we
6:30have opposite sides of FFEGs and
6:33pointers validating those FFEGs on
6:35equally, right? Meaning the buy supply
6:36is creating the necessary volume to
6:38create a pointer to move to the next
6:39FFEG and the sell supply is creating
6:41enough volume from their pointer to move
6:43to the next FFEG, which is an
6:45accumulation, right? An accumulation
6:46represents an equivalence between the
6:48buyers and the sellers and and their
6:50pressure, right? Often times people, we
6:52talked about this in the beginning. I
6:53think episode one or two. Often times
6:55people think that an accumulation is
6:57lack of volume. It's not necessarily the
6:59case that that's true. Sometimes it's
7:00more voluminous than the actual big, you
7:02know, expansionary events that we see.
7:04Often times the accumulation is going to
7:06have way more volume because you're
7:08going to have it's like the same
7:09contested range. People are trying to
7:10build and build and build and build and
7:12then you just requires a little bit of
7:13volume transfer from one side to the
7:15other to spark the big move, right? We
7:17talked about um total float and rate of
7:20change, right? Basically with a
7:22consolidation, total floats are
7:23relatively equivalent, the volumes are
7:25equivalent and they're moving between
7:26both sides equivalently. That'll end
7:28when the total float has a small change,
7:31which then sponsors a rate of change
7:33change, meaning the people moving from
7:34one side to the other starts to increase
7:36and you build up more total float on the
7:38other side and then you have those big
7:39runs. Um so often times people talk
7:41about the accumulation, manipulation,
7:44um displacement type models. And that's
7:46exactly what every model is. I never
7:48understood why people try to like oh I
7:49trade AMD or I trade No, like everyone
7:51is trading the exact same market. It's
7:53just how you're viewing it. Um but yeah,
7:55so the way we look at accumulations is
7:58they can happen anywhere in price. Now
7:59we're going to have a couple of um we're
8:01going to have a couple of ways to get
8:02ahead of that, but they can happen
8:03anywhere in price. We're not trying to
8:04predict an accumulation. We're going to
8:06have ways to trim and reduce our
8:08contract size, um predict like to not
8:10predicting but to um estimate if we are
8:13going to accumulate. We're going to
8:15assume it would happen here. Not as a
8:16means to get out but as a means to
8:17reduce our size.
8:19Um so that if we do accumulate, we can
8:21break even or even exit in profit.
8:23That's why
8:24as weird as it is to say, when people
8:26lose money with my model, I often always
8:28will go to you didn't know something
8:30opposed to the model was wrong. Um
8:33there's been like one or two instances
8:34in way, way back in the beginning. And
8:36that's how I built the model that where
8:38it's like okay, well this is wrong and
8:39then I built rules for it. Um and PO3
8:41was one of them, right? How do How do we
8:43How do we deal with um you know,
8:45manipulation on the buy side? We dump
8:47down to the lows, but there's an
8:48equivalent amount of volume at the lows
8:49and we pull back up immediately. I
8:51always say what's the point of taking a
8:52short if the next candle after a 100
8:54point dump is a 100 point retrace?
8:56What's the point, right? The goal is to
8:58figure out where is that volume going to
8:59come in from? What is it going to look
9:01like? And how can we avoid, you know,
9:03the mental toll? Cuz you don't think
9:05about it, but
9:06if you're shown 100 points of profit and
9:07then immediately 100 point reversal,
9:10there's a problem there, right? You
9:12know, my I would I would much rather you
9:13take the trade. I would much rather you
9:15not take the trade at all, but I'd much
9:16rather you take the trade,
9:18exit with 30 points profit and none of
9:19the rest go break even or none of the
9:20less lose money assuming the
9:22consolidation, right? And then maybe
9:24take the inversion. Um you can, for the
9:28most part, not just with We're not going
9:30to really focus on context today, but
9:32with context and like just a little bit
9:34of like thinking, you can avoid most bad
9:36price action. Like generally speaking,
9:38like you can avoid chop. You can kind of
9:40see through the chop. We'll talk about
9:41that with context management, not today.
9:43Um but you can see through most of that
9:45[ __ ] Like 90% of pointers that fail,
9:47you can literally anticipate. So there's
9:50a small subsection that are a little bit
9:51harder and that just requires more time
9:53and and skill. So what is a PO3? A PO3
9:56is when, like I said, you have three or
9:58more pointers validating F F E G's.
10:00Often times some characteristics you'll
10:01see a pointers is you'll see let's first
10:03of all let's identify a really really
10:05clear accumulation. Nothing like that
10:06was moving up or down just a very clear
10:08like really really picture perfect. I
10:10mean this is all really good actually. I
10:13want to find nothing that's in like an
10:14Asia session though cuz it's going to be
10:16a little bit a little bit different.
10:18Yeah, it's a little bit
10:19Volume is there. We're going to look for
10:21New York session only.
10:23Really clean. Like this is a really good
10:25example, but I don't want to go in
10:26anywhere. I just want it to be stuck
10:27where it is. This is
10:30Come on.
10:31This could be good actually. This is a
10:33decent This is a decent example. We'll
10:35look at this range, okay? And this is
10:37the accumulation we're going to be
10:38looking at. Price delivered pretty much
10:41nowhere over this this period of time.
10:43We did move about 60 70 points, but
10:46didn't really end up going anywhere from
10:47the start of the session uh from the
10:49close of the session price didn't move
10:51that far, right? Until later in the PM
10:53session we didn't really move anywhere.
10:55Uh we can use this one. We'll find
10:56another example, too. We'll use this one
10:57to talk about. We're just going to
10:59outline this and then we're going to
11:01come to another session. Hopefully we
11:02have another one nearby that looks good.
11:04Oh, this is good, too. This is actually
11:06pretty solid. Uh we can use
11:09[ __ ] we can use all this [ __ ]
11:11Uh we can use basically all of this. And
11:13let's do one more.
11:15We'll do
11:17Holy. Okay, this is perfect, too.
11:19Literally this is this is fantastic.
11:22Um
11:23This is fantastic, too.
11:25Boom.
11:26Okay, we'll start with uh we'll start
11:28with whatever we have all the way on the
11:30right first.
11:31I don't know where that was. Okay, right
11:32here. So, wait. No, I think we had
11:34another one, didn't we? Uh maybe not.
11:36All right, so a
11:38PO3 [clears throat] like I said is
11:39defined by those three or more pointers,
11:41but we can we can kind of anticipate
11:42when that's going to happen. We can
11:43avoid that happening, but ultimately if
11:46you execute on every single pointer that
11:48forms during the creation of an
11:50accumulation, you're probably going to
11:51lose money. You're probably like you're
11:53there's just no way you can approach it
11:55and not lose money or at least
11:58you can break even for the most part.
11:59That's why a lot of the losing money on
12:02on the formation of a PO3 or the
12:05formation of an accumulation um can uh
12:08be avoided at the beginning of the
12:09accumulation. How we start to accumulate
12:11is going to be very very important. Um
12:13but once we have that accumulation, we
12:15have to stick to the rules. So, what are
12:16the rules for dealing with accumulations
12:18in price? Well, basically when you see
12:20three or more pointers, your brain goes
12:22we are now in an accumulation. And now
12:23you have to wait for one main condition.
12:26Basically
12:27the equity that is accumulating needs to
12:29take a high or low not associated with
12:32the accumulation range. This is kind of
12:34a really bad example, but it is good in
12:36some ways.
12:37Do we see price ever sustaining a move
12:40to the upside after this this low being
12:43swept here? Do we see any sustained
12:45momentum to the upside when this low
12:48this low associated with the chop is
12:50taken? We take this low here, do we see
12:52a sustained move to the upside? We see a
12:53pointer there was probably an F F E G
12:55here, right? So, this is our entry
12:57condition logic, but was it sustained?
12:59Well, the answer is no and so when would
13:01our exit be? Well, hopefully somewhere
13:03in here, but chances are if it's a PO3
13:05if it's an accumulation and it's using
13:06these F F E G's, you can clearly see
13:08them.
13:09We'll go back in time so you can, but
13:11you can kind of visualize them when you
13:12see price respecting something. You can
13:13always assume there's like some type of
13:14F F E G there
13:16or an I F E G for example.
13:18So, when we're looking at like this this
13:20chop, let's turn off
13:22I F E G's just so we can teach this.
13:25Uh let me make it a little bit easier to
13:27see.
13:28I know I've had a lot of complaints
13:29about that. There we go. So,
13:31>> [clears throat]
13:32>> when we're looking at this, we would
13:32want to hope that obviously the pointer
13:34exit would be somewhere in here, but
13:35let's just assume that we're just taking
13:36without any you know logic of PO3's.
13:40We're trying to clean up the model right
13:41now. Let's just assume that we don't
13:41know anything I'm teaching you right now
13:43and we're using this F F E G. We're
13:44taking this pointer here. We're just
13:45forgetting about PO3. Well, let's see
13:47where our exit would be on this entry.
13:49Well, let's take a look. Here's your F F
13:51E G. We see a move to the downside. When
13:52was there a chance to exit on this using
13:53pointers? Well, if you look, there
13:56really wasn't an entry even if you go
13:57down or an exit. Wasn't really a good
13:59exit until you get down to like right in
14:01here, right? So, you literally retrace
14:03back to your entry immediately. Like a
14:05little bit of points in profit. Now,
14:07what could have been done here if you
14:08did take this is obviously you could
14:10have done one of those trims like I was
14:12talking about from before. We're going
14:13to talk about that in the next episode
14:15or you're you know you're doing one of
14:16those trims and then reducing your size
14:17your added trims. We'll talk about the
14:18next episode and then your exit would be
14:20here. So, you might have made a little
14:21bit more money, but at at the most clear
14:24example of it not going anywhere so with
14:26when it's taking it. So, you want one of
14:28two things, right? You take it with that
14:29risk management I just men I just
14:31mentioned or uh you don't take it at all
14:33because what's the point of being teased
14:35this big point spread, right? Oh, [ __ ]
14:38What did I just do?
14:40The [ __ ] was that?
14:41Just opened up Roblox.
14:44Whoops. Okay, so you know what's the
14:45point of taking this this point spread
14:47here? You're getting shown 100 points
14:49and then you get that 100 point retrace,
14:50right? Because ultimately everything in
14:52the market comes down to draw on
14:53liquidity, right? Where where we start
14:55where we end. That's essentially where
14:56it comes down to. And during an
14:57accumulation, there are equal draws on
14:59liquidity. We're being drawn to the high
15:00drawn to the low at an equal equally
15:02strong rate. And so, it's just kind of
15:04like being teased for nothing. Now,
15:06obviously
15:07you know we're going to be using the
15:08untapped rules to be able to do our
15:09trimming. You can technically take this,
15:11but when that accumulation range builds
15:13itself out, it's going to use low low
15:15time frames to create that point for
15:17that exit. I decided to go to the two
15:18minute time frame to find an exit for
15:19that. And there's probably something on
15:21the one minute. I had to go to a one
15:22minute time frame to find an exit on
15:23that. That's what I mean, right? When we
15:25trade three, four, five, and six minute
15:26pointers, why we use those is because
15:28those are built for the biggest markets,
15:30right? For the biggest moves. When you
15:32have to go down a low time frame to find
15:33your entry and find your exit using a
15:35pointer, you're going to get to a very
15:37micro like accumulated market very small
15:40small range you're trying to trade. Our
15:42trades last between you know 15 minutes
15:44to 45 minutes to an hour at most. And
15:47so, with that information using a one
15:49minute doesn't make that much sense.
15:50Three through five three through six
15:52makes a little bit more sense. So, your
15:54exit using three through six isn't
15:55somewhere or two through six or whatever
15:56the [ __ ] isn't till here. You could use
15:57that lower time frame if you wanted to.
15:59Obviously, the market's able to
16:00determine the time frame of the pointer
16:02for your exit and the entry just in any
16:04implied move, but when we're looking at
16:06this, it doesn't go anywhere, right? We
16:07can see in hindsight that it didn't it
16:09didn't go anywhere. So, A you can avoid
16:10it or B you can do risk management. Um
16:13so, the rules are really simple, right?
16:15If you don't take a higher low between
16:17both equities that are PO3ing not
16:19associated with the chop. Basically like
16:21um let's say we move back to our left
16:23hand side. Always look to your left hand
16:24side. Are we taking a low not associated
16:26with chop? Well, no. Take a look. Do you
16:27see you see this little gray box right
16:29here? You can see this little gray gray
16:31up box. If you go on your indicator,
16:32double click your indicator, scroll down
16:34to ECR right here, and you can basically
16:37you can turn this off if you want to.
16:38You can turn this off if you want to and
16:40you can just turn this on. This will
16:41show you old PO3 ranges areas where we
16:43had pointer rule of three three or more
16:45pointers expressed between F F E G's.
16:47You'll see that we are manipulating. See
16:49this manipulation of it? A low
16:51associated with the chop. Meaning we
16:53don't want to use that manipulated low
16:55to trade back into the chop because
16:57trading back into the chop is not good.
16:59What you want to do is wait for a low
17:00not associated with an accumulation or
17:03basically an important low a confident
17:05low
17:07a high high probability low pair that
17:09with an untapped F F E G pair that with
17:12um
17:13a pointer and that's going to be a much
17:14better condition for trading back into
17:16the chop. We can trade a chop when we
17:19take a low not associated with the chop.
17:21Once we have the confirmation of the
17:22chop which we can kind of identify um at
17:25earliest what happened here. There's
17:27probably some lower time frame examples,
17:28but we're just going to use the five
17:29minutes to make the video easier to
17:31understand.
17:32Um we are shown PO3 at this point with
17:34the indicator. Again, you can find the
17:35pointers if you want to. You can clearly
17:37see them bullish pointer, bearish
17:38pointer, bullish pointer. You can use
17:40any time frame you want to see this
17:41bullish pointer, bearish pointer,
17:42bullish pointer. There's so many
17:43pointers in here, but by this point we
17:45can at least guarantee that we've been
17:46shown three or more pointers after the
17:49chop, right? There's not much you can do
17:51about that in a lot of cases, but
17:54once [clears throat] we've confirmed the
17:55chop, right? Once we are in this chop,
17:57we are not allowed to trade until we can
17:59manipulate a higher low not associated
18:01with this chop or any chop, right? We
18:03want to take a new low or a new high
18:06with an untapped F F E G to sponsor that
18:08move. That's going to be what's going to
18:09allow you to take manipulations back in
18:11to the chop. So, when we're looking at
18:13this and we we're looking at this this
18:14area in price, we don't want to trade
18:16essentially we don't want to trade till
18:17we can take out this Wait, you can't
18:19even see it. I'll just mark it out. We
18:20don't want to trade until we can take
18:21out this low here um this low here. I'm
18:24just going to mark them here for now.
18:25This low here and we don't want to trade
18:27till we take out this high. And the same
18:28is true for the other equity, right? So,
18:29you can mark these out for your
18:31conditions. This is where you'd want to
18:32set alerts in price and you just leave
18:33until it happens.
18:35But technically, we're missing a step
18:37here, right? What are we missing? Well,
18:38the fact that the market doesn't always
18:39have to manipulate off of a low and move
18:41higher. We can have continuations,
18:42right? When are we allowed to take
18:44continuation trades when it comes to a
18:46chop? Well, we need to make sure that we
18:48can do risk management because a
18:49continuation on a chop could still lead
18:51to a chop. Imagine for example
18:54you know we get a pointer here and then
18:55there's an untapped F F E G here and the
18:57pointer goes down here and the next
18:59candle is a pointer to the upside. A
19:01consolidation is just a bunch of you
19:02know failed pointers. So, theoretically
19:04that's something that could happen,
19:05right? So, what do we do in that
19:07situation? Well, you want to like I say
19:09all bad trades can typically be avoided
19:11before you take them. So, the only
19:13chance you'll ever take a uh
19:16a consolidation continuation meaning a
19:18breakout through a consolidation, right?
19:20Where we're saying that whatever area in
19:22the market's run out of total flow and
19:23we're able to push through that and then
19:25the pointer is the thing that will
19:26create the rate of change.
19:28What you want to wait for is risk
19:30management. What do I mean by risk
19:31management? Well, basically a pointer
19:33that allows you to have a guaranteed
19:35move. Go back to our rules on pointers.
19:37What was one of our rules? It was that a
19:39pointer is guaranteed to move to the
19:41next set of F F E G's assuming nothing
19:43is in the way. No F F E G, no I F E G.
19:45An untapped will take you to the next
19:47untapped. The way I want you to think
19:49about the market moving forward
19:51is that your untapped F F E G's I just
19:54explained this to someone like this.
19:55Your untapped FFGs are like
19:58um the external ranges of price, right?
20:01This is what's going to determine the
20:02overall structure and price. If we get
20:04pointers here, we are moving to and
20:06drawing toward the next set of untaps.
20:08But what can happen is along the way
20:11already used FFGs, weaker levels can be
20:14used to create volume to create new
20:16untapped FFGs to create new pointers
20:18from. So your FFGs are kind of like
20:20traffic and your untapped FFGs are kind
20:22of like the the
20:24uh the barriers of the road and then
20:26FFGs are going to be like the cars in
20:28your way from your destination, right?
20:30So we have a goal, but if there's an
20:31accident in front of you, let's say for
20:33example, here's your car, here's your
20:34pointer. We're trying to get to our
20:36exit, but then there's an accident in
20:37front of you, here's your FFG, okay? And
20:40then that accident, you know, causes a
20:42multi-car pileup and they have to
20:44reroute all the people to a different
20:46area. Well, then we may eventually come
20:47back to this range, but not until we
20:49come back and retest the untapped FFG.
20:51Well, it's already tapped at this point,
20:52but a new one for example, and then kind
20:54of come back to retest, right? So that's
20:56that's the idea. FFGs can create the
20:58traffic away from a range. The untapped
21:00FFGs define the distance of the range,
21:02how far we could be, what our targets
21:04are essentially. So we don't want to
21:06ever really trade this until we get a
21:07continuation pointer coming from an
21:08untapped FFG targeting an untapped FFG
21:11with nothing in the way. Meaning, for
21:13example, let's say we have an untapped
21:15FFG here, price comes into it, taps into
21:17a pointer, okay? And then there's
21:20nothing here. It's just white space. So
21:21imagine there's no IFFGs here for
21:22example. This pointer, if it leveled off
21:25here for example,
21:27we know that what what do we know about
21:29pointers? We know that every implied
21:31move starts and ends with a pointer
21:32reacting to an FFG. Let's assume that
21:35this is an untapped FFG and there's
21:37nothing else here. At minimum before the
21:39price can reverse, it has to at least go
21:41here. The reason why we want to wait for
21:44a continuation that can guarantee this
21:45principle. This is what we call the
21:47additive trim. This is a concept we're
21:49going to talk about in the next video. I
21:50might even just film it now right after
21:52this video. But basically, what this
21:54does is guarantees you this move and so
21:56you can make money by sizing in extra
21:57contracts on this transition, okay? When
22:00you do this, this buffer that you create
22:03from that transition acts as um a means
22:05to break even if the next candle is a
22:07pointer. If the next candle comes up
22:09here and it's a pointer, well then the
22:11money from this transition
22:13from this untapped FFG, right? The money
22:15from that transition will cover the the
22:16the losing cost of essentially the
22:18consolidation still maintaining itself.
22:20Cuz the consolidation's going to be
22:21built out of failed FFGs, failed
22:24pointers, right? So that's essentially
22:26how this is going to work. Um let's kind
22:28of let this play out a little bit and
22:29see if, you know, we ever had an
22:30opportunity for this.
22:32Um
22:34The additive trim idea can get a little
22:35bit a little bit hard to to understand
22:37once we really get going here. We got to
22:40turn
22:41IFFGs back on here.
22:44Okay.
22:47>> [clears throat]
22:49>> Okay, so this is a really unfortunate
22:51example of it happening
22:53um because this is going to probably
22:53confuse a lot of you since we haven't
22:55talked about additive trims. Um matter
22:57of fact, you know what? Do I need an
22:58episode on additive trims or can I just
23:00explain it now? We'll just explain it
23:01now, [ __ ] it. I'll just explain it now,
23:02okay? An additive trim
23:05is basically when you have distance
23:06between the FFG you're on and the FFG
23:10you're targeting and there's nothing in
23:11between. And so what you will do is we
23:13have a technique for adding extra
23:14contracts onto that position to then be
23:17trimmed off, additive trim, add
23:20contracts to trim. It's going to be our
23:23form of a stop loss, right? A lot of
23:24stop losses out there, excuse me, a lot
23:26of stop losses that exist out there are
23:29fixed static losses. I have a video on
23:31my YouTube channel. I think actually um
23:34I think it's called if you want, go
23:36watch it. Um
23:37I might even find a way to link it on
23:39the YouTube. It's called I think it's
23:40like literally one of the biggest
23:42mistakes I see in trading. Um
23:46I think.
23:48Did I make this? I feel like I made a
23:49video about this. Oh, yeah, yeah, yeah,
23:51yeah. It's called the one the one
23:52mistake uh everyone makes in trading or
23:54some [ __ ] This video right here is
23:55going to be a pop up on the screen
23:56somewhere now um where I talk about why
23:58static stop losses are a really bad
24:00idea.
24:00Um but a lot of people have a static
24:02stop loss and the idea is you want to
24:03have a fixed risk. You want to assume
24:05fixed risk so that if the market
24:06reverses, you're not cooked. We do the
24:08opposite, right? We're going to wait for
24:09a guaranteed move, which is something
24:11you have to study, but basically is when
24:13essentially
24:15we can we can test that a pointer with
24:17nothing in between it and next set of
24:18FFGs is guaranteed to make that move, we
24:21add extra contracts onto the trade. So
24:22let's say we had taken 10 contracts,
24:24we'll take 20. We'll trim those 10 at
24:25that low or at that FFG as an addition.
24:29So our stop loss is kind of inside of
24:30our trade and not outside of our trade,
24:32if that makes sense. That way we can
24:33kind of add on a drawdown. So if the
24:36trade does reverse, then we walk away
24:38break even essentially. That's how we
24:40don't lose trades.
24:41It's okay to be wrong about a particular
24:44um
24:45mechanical move,
24:46but losing money on it is usually a uh a
24:49flaw in how you're executing your
24:50contracts. You shouldn't lose money if
24:52you're using MAC. You shouldn't unless
24:54it's a really volatile move and the
24:55pointer spread is really big. Like,
24:57let's say, you know, you only caught 30
24:59points drawdown and then it's like a 60
25:01point pointer or some [ __ ] That's an
25:02example where you would obviously lose
25:03money, but that's really not anything
25:05that the market can control. So what do
25:07we see here? Well, this is what we call
25:09paused additive trim. A paused additive
25:11trim is where we see the price did move
25:13to this next set of FFGs. You see how we
25:15move to the next set of untapped FFGs?
25:17Well, we're coming from that untapped
25:18FFG set, but the problem is, right, is
25:22we're stuck on this one minute FFG. So
25:24the only thing stopping price from
25:26moving from here to here, it's not
25:28guaranteed, but the only thing that's
25:29stopping it is a complete inversion of
25:32this um
25:34uh IFFG. Cuz think about this IFFG,
25:36right? It's somewhere in that buy side
25:38sweep off this buy side sweep to one
25:40minute. Meaning, once we have a one
25:42minute inefficient break on this IFFG,
25:46what's going to happen is it's going to
25:47mitigate. When it mitigates, there's
25:48nothing there anymore. So once you have
25:50that one minute inefficient break over
25:52the low of the FFG, which I think it's
25:54that green line. Let me just make sure.
25:55Yes, so once we have an inefficient
25:56break on that,
25:58um boom. This right here now guarantees
26:03the transition to this next set of FFGs
26:06cuz there's nothing in the way. This
26:08this IFFG all the way back here has now
26:10been mitigated. It's gone. It's no
26:11longer a level that exists in the market
26:13anymore. There's nothing holding price
26:14back from moving to the next set. You'll
26:16see this is when we get that delivery
26:17down to our next set. So this candle
26:19right here is guaranteed to move to this
26:21next set of FFGs. This is what we call
26:23pause additive trim. So what you would
26:24have done here is you would have taken
26:27half of your your regular size on the
26:29pointer, right? We're going to talk
26:30about the techniques of this later on.
26:31We have to go back to PO3s. I just
26:32wanted to briefly explain additive
26:33trims. I'll make a little bit more of a
26:35longer explanation how we will execute
26:37this and like backtesting it, but when
26:39we're looking at this pointer right
26:40here,
26:41okay? You'll take half of your size here
26:43and then you add on that extra risk
26:44management on that inefficient break or
26:48alternatively, if this one minute held
26:50down here, right? This is a five minute
26:52sweep winner. You would use the low of
26:54the five minute sweep winner to de-risk
26:55your trade on half position. So if we
26:57start moving up using the sweep winner
26:58logic, go watch my video on sweep
27:00winners, it's on my YouTube channel.
27:01Um it's in the boot camp.
27:03It [clears throat] we are essentially
27:04validating that last, you know,
27:06inefficiency in that buy side leg, that
27:08that bullish leg. Um
27:11it's going to retrace that sweep winner
27:12move higher, right? And so we can
27:14de-risk on that move.
27:15But in this case, we don't have that. We
27:16have an inefficient break. So then we
27:17can add our extra contracts in here on
27:19this one minute inefficient break with a
27:21limit order down here. So this money in
27:23here is guaranteed to be made. So
27:25essentially, we are capturing like a
27:28free 20 points of drawdown, free stop
27:31loss. Throw a mini on that. Throw
27:33contracts on that so that when you're in
27:35these trades, you have more drawdown to
27:37work with. My biggest days come from the
27:40first day of an XFA because all it takes
27:43is one winning trade and I have $2,000
27:45of drawdown that they give me and plus
27:46all the drawdown I made on that trade.
27:47So I do most of my trading on an XFA
27:50within the first two or three days
27:51trading it. And then I just go for
27:52consistency after that cuz I don't get
27:53paid any more than what they'll pay me,
27:555K per payout, right? Like last month,
27:58like I think one of my biggest issues
28:01was I didn't have enough allocation
28:02enough firms to make as much money as I
28:04could have been making cuz I'm like, all
28:05right, well, I've already maxed out all
28:06my accounts today since I
28:09they can only pay me so much per payout,
28:12there's no point in grinding these like
28:13big ass trades. I'll just take two or
28:15three big ones and then just go for
28:16consistency over and over and over and
28:18over and I'm fine. You know, make like
28:20five, 10, 15 bands per day and then I'm
28:22just like
28:23two or three days of that and it's like,
28:24okay, well, I'll just go for consistency
28:26until I
28:27get [ __ ] kicked off these accounts,
28:28right? So once we make this transition,
28:30this move right here, see how it
28:32immediately teleports when that one
28:33minute inefficient breaks where it would
28:34pause and then move right to the level
28:36of the FFG, that was a guaranteed move.
28:39That transition allows us to make money
28:40and then reduce our positioning. So when
28:42we're in a consolidation type trade, you
28:45want to make sure you're optimizing your
28:46entry and you're taking continuations
28:48that can create that opportunity. Don't
28:50jump at opportunities that are really
28:52hard to create additive trims. So for
28:54example,
28:55imagine you have seven billion FFGs
28:57right here and then you get a pointer
28:59that looks like this and it's a sweep
29:00winner. Well, dude,
29:02you don't need to test the sweep winner
29:04because you have a trillion FFGs in
29:06here.
29:07Just wait for the [ __ ] sweep winner
29:09to come in here, right? That's not a
29:11pointer.
29:12Just wait for the sweep winner to come
29:13somewhere in here, okay? And then test
29:16it there because the FFG is what's going
29:17to control the range. Don't test a a
29:19sweep winner in the depths of like a
29:20[ __ ] hell of FFGs like this because
29:23what is stopping price from moving to
29:25the next set of FF FFGs? Well, it's not
29:27the pointer, it's the time frame of the
29:29FFG you're on. So just because we get a
29:32two minute, three minute, four minute
29:33inversion, that five minute doesn't
29:34break, it'll retrace, right? So in this
29:36case, this was a lot higher of a
29:38probability of moving because we only
29:40had one FFG to invert. We had one FFG to
29:42flip like the one last domino before the
29:44whole thing comes together. So that
29:46additive trim, this is the only type of
29:47continuation you'd want to take in here.
29:49The reason why isn't doesn't mean that
29:50the continuation is going to start from
29:53this. It could, but it's the best way to
29:55get in on the continuation if the
29:57consolidation will end in a risk-free
30:00way. Cuz now we have 20 points of stop
30:01loss so that if we get a pointer into
30:03break even on, we either walk away with
30:04profit or we walk away break even. You
30:07see my point? So we'll see how this kind
30:09of would have would have played out and
30:11how we would have been a lot safer. It
30:12doesn't look like we had an exit. And
30:13this was actually
30:15Where was this [ __ ] example when I
30:17was teaching point of range of control?
30:19Where was this example when I was
30:20teaching point of range of control?
30:21Here's an example of point of range of
30:22control. Here's the point of entry,
30:23right? And you can see literally right
30:25off the cup, look at that. We never got
30:27a pointer after this. No PO3 block
30:29showed up. We come back into the same
30:31point of range and we use it to
30:32manipulate off of. This is a perfect
30:33example of getting to add more
30:35contracts. This is beautiful because
30:36guys, look, think, right? No pointer
30:39after the after our entry, so no exit,
30:41right? We take those additive trims, we
30:43come back in, we do it again. We add our
30:46extra contracts in here. We come back
30:47in, we take we do it again, bro. We we
30:48size in some more. It's [ __ ]
30:50beautiful. And then we see that this was
30:52beautiful short. I didn't even realize
30:53this. I wasn't even looking at that. I
30:54wasn't even [ __ ] looking at this. So
30:55that was a beautiful short. We'll see if
30:56we had an exit in there at some point.
30:58Um
30:59somewhere at these lows, maybe.
31:01Um between both equities.
31:09I think just now. Literally yeah,
31:10literally just now. Just now we had one.
31:12Okay.
31:13So so
31:15this is kind of showing you what I mean,
31:16right? You want to wait to take a a
31:18continuation. Oh, I removed all my
31:19drawings. Oh, [ __ ] I forgot about that.
31:22I had those other
31:23other consolidations. You want to wait
31:25to take a continuation that can
31:26guarantee you a little bit of risk
31:27management so that if it does fall flat,
31:29you're not in a bad situation.
31:32Um now let's look for a manipulation
31:33style example. Let's turn off IFFeG's.
31:35Let's look for a manipulation example
31:37where we didn't get a breakout on a Holy
31:39[ __ ] We didn't get a breakout on a
31:40consolidation until we had took a
31:42manipulation. Um not um associated with
31:45the chop. This is crazy consolidation.
31:48Um again, this is an example of a
31:49continuation. You see how price took did
31:52not take any highs or lows associated
31:53not associated with the chop. This is
31:54London obviously in Asia, but um we
31:56didn't take any higher lows not
31:58associated with it. We didn't move
31:59anywhere. When we did move somewhere is
32:00when we probably had some type of um you
32:03have to take a look here. FFEG pointer,
32:05IFFeG, probably some type of added trim
32:08move, and there's your exit, and then
32:10probably another re-entry unless it's a
32:11swept pointer, SMT pointer, whatever.
32:13Um I'm not even really looking at that
32:15for example, but still there's
32:16continuations to take but no
32:17manipulations
32:19uh in this in this example. So let's go
32:21and let's find an example of being able
32:23to take a manipulation after the
32:25consolidation starts. We're going to
32:27look for New York only moves here.
32:29Um
32:31Okay, so
32:34Uh
32:35we're going to use both equities for
32:36this. This might be another continuation
32:38example cuz we kind of chopped there for
32:40a minute. We didn't take any new highs
32:41or lows unless ES did. I think ES did.
32:45Um no, ES did not. So again, this is
32:46just a continuation example. Right here
32:48is another continuation example. Still a
32:50great model to be in a continuation
32:52trade, just not a a manipulation from a
32:54consolidation.
32:56Um
32:57Look for another New York move here.
32:59Like I said, I don't plan these videos
33:00out, guys. I literally just hop on
33:01record. Do what I got to do. This is the
33:03most clear [ __ ] PO3 day you could
33:05ever have, right? And let's kind of talk
33:08about this day a little bit because this
33:09is one of those days where it's very
33:10easy to know when you're when and when
33:12you aren't trading. So basically
33:15uh if we're looking at like this whole
33:16this whole thing is a is a PO3. This
33:18entire range is PO3. There's your start
33:20of the day. There's all of it's
33:22literally PO3. So our PO3 counter would
33:23have started here. That's your PO3 at by
33:26this candle, probably even before this,
33:27too.
33:28Um so we're not allowed to
33:30take trades until we take highs or lows
33:31not associated with the chop. Basically
33:33those lows or those highs up there. And
33:35you can use the indicator to kind of
33:36turn that on if you want to as well. You
33:37can go down here and then you can click
33:38show levels. That way you can just kind
33:41of set your alerts at the level. You can
33:42even go in there I think set alerts
33:44automatically, too.
33:46Um I forget how that works. Yeah, so you
33:48set alerts here at the highs or there at
33:50the lows at whatever, you know, lows
33:52existed that you wanted to use. Anything
33:54not associated with that range totally
33:55fine to do.
33:56Um and you'll see the price never really
33:58went anywhere. There might be, you know,
34:00small continuation style trades you can
34:01take as long as they they have the
34:03ability to risk management on them, but
34:05price never really went anywhere, never
34:06really take took any lower high not
34:08associated with the chop. Again,
34:09consolidation continuation.
34:11Man, we're getting a lot of good
34:12examples. I promise you next video it's
34:13going to be
34:14manipulation consolidation trades just
34:16[ __ ] day in day out. Um this is a
34:18really good example of it still not
34:20working. Dude, it's so funny, bro. Every
34:22time I want to teach some [ __ ] it's
34:23just like never the concepts I need to
34:26teach.
34:27Um okay, well this is just clearly an
34:30example of what I'm talking about, just
34:31a really shitty one. Um taking a higher
34:34low not associated with the chop, still
34:35same thing there.
34:37Um this might work. It's not necessarily
34:39perfect. It's not necessarily perfect
34:41just because it is also a continuation.
34:44I want to find a
34:45really really good example of this
34:47during New York.
34:48>> [snorts]
34:49>> Okay, this might be something.
34:52Uh might be another continuation,
34:53though.
34:55Oh, ES took something here.
34:57Ah, there we go. Perfect example. So
34:59this is basically how we would use an
35:00SMT in this case. If you don't know an
35:02SMT is when one equity that you're
35:04trading takes a high or low not
35:06associated with or that the other equity
35:08may or may not have or is displaced, and
35:10so it's going to draw from liquidity
35:11from that. So if you look at this
35:12example here,
35:14um we were clearly chopping in PO3.
35:16We clarify that PO3 somewhere in here.
35:19Not going to take any trades till we
35:20take a higher low not associated with
35:21the chop. So nothing in there. So this
35:23low is obviously not associated with the
35:24chop, so clearly it's totally fine and
35:26valid to take for a manipulation style
35:28trade. And what do we see? We use the
35:30same low and whatever pointers untapped
35:31FFEG comes from this low to then take a
35:33trade back in again. And you can kind of
35:36see that with the indicator. It'll tell
35:37you that there's the SMT there. It'll
35:39outline I think yeah, right there.
35:40There's your SMT. ES took that low. We
35:42did not take it on NQ. We have basically
35:44an untapped FFEG
35:46uh pointer reaction here, I believe.
35:48Should happen. Yeah, there's your
35:49untapped FFEG.
35:53There's your pointer. There's your
35:54entry, swept pointer logic, and it's
35:57also a um pause added a trim right
35:59there. That was a pause added a trim.
36:01Take a look, guys. If you don't
36:02remember, pause added a trim is where
36:04you see that that FFEG, right? This is a
36:074-minute. This is a high probability
36:08inversion because all you need is a
36:094-minute break. Take half of your
36:11contract size on this. Wait for the
36:124-minute break. When that 4-minute break
36:14comes in, take the rest of your size.
36:15Add the rest of your size in there.
36:17Limit order at the next FFEG at the next
36:19untapped FFEG, and there you go. There's
36:21your added a trim. That's your stop loss
36:23in the trade. The stop loss in that
36:24trade would give you I think somewhere
36:26in there 30 points of drawdown all just
36:28on that trade, not including where the
36:29pointer would fall. Free 30 points of
36:31drawdown. Literally free stop loss.
36:33That's a pretty large stop loss in terms
36:35It's not really a stop loss, but you
36:36know what I mean. Like room to break
36:37even on and not lose money. Uh but stop
36:40loss is even lose money on it. So it
36:41doesn't matter. Basically your break
36:42even stop using um
36:44that principle. So yeah, so you this is
36:46a really good example of having a clear
36:47PO3 and then taking a lower high not
36:49associated with that chop. It's an SMT
36:51on ES. We take that low not associated
36:53with the chop, and then we get the
36:55displacement. And you can see the market
36:56is completely changed now. You see how
36:58it's very much expansive. Now obviously
37:00that's going to change when we take
37:01another high or another low adding new
37:03liquidity into the market, right? Moving
37:05into these FFEG's, adding that volume to
37:06the downside. And then you know, if we
37:08PO3 again, then we would want to wait
37:10for continuations that either guarantee
37:11the risk management of the added a trim
37:13or manipulations that come from highs or
37:14lows not associated with the chop. So we
37:16don't want to take trades back into the
37:17range unless we get that new higher low.
37:20Uh we also don't want to take the
37:21continuations, like I just said, without
37:23having added a trims. Um not to mention
37:26um
37:28PO3's can be kind of speculated on. Pre-
37:31not predicted. I don't want to say
37:32predicted, but you can kind of
37:33understand when they'll happen before
37:35they happen using swept pointers. Um you
37:37want to look at at every uh PO3 and
37:39understand that it's built out of swept
37:41pointers. See how we are essentially
37:43pointer pointer pointer pointer pointer?
37:45It's because we have the FFEG's on both
37:46sides of the market. We're easily
37:47reacting to them and pulling back in,
37:49invalidating, and respecting that. So
37:52that's why the PO3 works the way it
37:53does. You're essentially just equally
37:54validating, and then it's built out of
37:56weak pointers. Look at what we have in
37:58here. We have a billion and a half swept
37:59pointer, swept pointer, swept pointer.
38:01Um swept pointer.
38:03Swept pointer. Swept pointer. Probably a
38:06bunch of SMT pointers in here, too. I'm
38:07only on the 5-minute time frame. It's
38:09very rare that you'll see that many
38:10swept pointers in an actual live market.
38:11They're usually the highs and lows of
38:12reversals or in the highs and lows of a
38:14consolidation. So often times using a
38:17swept pointer, it's either not going to
38:18be fun or it's going to be really fun.
38:20So it's just your job to understand what
38:22are we reacting to to create that move.
38:24So I think that's everything I need to
38:25say about accumulations for now. Um if
38:27we look at this, I wonder if this is a
38:28good example of what I'm talking about.
38:30Um
38:32Yeah, I mean that's that's also another
38:34good example. This is a good
38:35continuation, though. So still it
38:36doesn't really apply. This might be
38:38something. Did we just look at this?
38:45No, we did not look at this.
38:48Let's take a look.
38:50Same exact deal here, I think.
38:52Same exact deal. Uh let's check ES. I
38:55think we did Yeah, boom. Same exact
38:57deal. Same exact deal in this same
38:59accumulation. Same implied move from
39:01that bullish leg. Took that bullish
39:03leg's low not associated with the chop.
39:05We can take that higher. Um it's pretty
39:07simple, guys. Your job is just to be
39:08able to go in there and find the highs
39:10and lows associated with the chop as
39:11long as they haven't been taken. Or if
39:13they've been taken, mark them out.
39:14That's all you really need to do. So
39:15like
39:16if you're in an accumulation, right?
39:19Wait a couple hours. Wait for the next
39:20session. Like for example, if like we're
39:22coming over here and in the future you
39:25want to know that this is not a higher
39:26low you want to take. You can just kind
39:27of
39:28say like hey, like PO3 low. Right? Go in
39:31there and mark that. So when price is
39:32manipulating into a level, for example,
39:34that might be in the indicator, you're
39:35not going to take that same level to
39:36take a trade off of, right? It would be
39:38kind of [ __ ] right? So like if we
39:39see
39:40like this AM low here was really the
39:42same low, but whichever one you want to
39:44use, right? You have that set right
39:46there. You say, "Okay, we have that
39:47AMLO, but it's a PO3 low. I don't want
39:49to use that to sponsor any moves."
39:50Unless, of course, ES is fine. You can
39:52do that if you want to. It's just a good
39:53annotation rule. Keeps you a little bit
39:55faster in the market. Um so, I'm trying
39:57to see if there's any more examples of
39:58this. It would be cool if we could get
39:59one more. I like to have a lot of
40:01examples when I'm teaching. That way
40:03there isn't any confusion.
40:05Um again, this is a really good
40:07consolidation continuation right here.
40:10Take a look at this consolidation
40:11continuation.
40:12What's the beefiest part of this leg?
40:14Well, these two areas here. What do we
40:15have here? 5-minute sweep pointer,
40:17probably an FVG here. And yeah, take a
40:19look. All we need to do is flip the
40:20three, flip the four. There's your sweep
40:22pointer. Super low size, and then you
40:25scale in on the rest on a three and four
40:27break. Cuz in order for this whole leg
40:29to fail, you need a three and you need a
40:31four break. So, when you have Oops. When
40:32you have both of those two things
40:33happen,
40:35we'll just be on the 4-minute time
40:36frame. A three and a four. There it is.
40:38There's your extra contracts. Take those
40:39extra contracts down to that FVG set,
40:41the on-top FVG set. I don't know where
40:43that is, right there. And then those are
40:45your extra trim Those are your extra
40:46trims to take. And there is your
40:47inversion.
40:49And there's your PO3. And so, what do we
40:50do from here? Well, we can't take a
40:52trade until we take a higher low unless
40:53it's a consol- consolidation
40:55continuation that doesn't bring us um
40:57risk management. So, we're not going to
40:59be trading until we do that. I mean, we
41:00didn't really miss much, and then the
41:01session ended anyways. This is a uh
41:04Asia set This is the 3:50 window,
41:06regardless. This is a really bad example
41:08of that, but still. We'll do another
41:10one. We'll do um
41:13consolidation continuation.
41:18Did I do Did I do videos on sweep
41:19pointers? I'm old, bro. Holy [ __ ] Did I
41:21do a video on sweep pointers? I think I
41:22did, didn't I?
41:23Pretty sure I did.
41:25Yeah. Surely I did.
41:27Wait, no, I didn't. Oh, I did. Yeah,
41:28totally did. [ __ ]
41:30Um
41:31Okay, same here, right? Non-PO3 low. Do
41:33we see PO3? We do not. Not associated
41:35with this low. We take this low. We had
41:37chop. We take this low. We sponsor move
41:38to the upside. Pretty simple [ __ ] boys.
41:41Um
41:44Oops, let's go delete those.
41:46Uh same thing here. Okay, not associated
41:49with the chop. No PO3 on the low.
41:51Mink. Mink.
41:53It's pretty simple.
41:54And then
41:57Uh this is actually pretty clean move.
41:58There's really no PO3.
42:00Um it's a continuation like on a
42:01consolidation anyways. Doesn't matter.
42:05Mm.
42:07Yeah, this one sucks. Not manipulating a
42:11uh not manipulating a non-associated
42:13low.
42:14Just a continuation consolidation. It's
42:16all it is. So, that's when we do our
42:18little risk management move.
42:20Um this is actually really, really
42:21clean.
42:22Um
42:24This is really, really clean. Take a
42:25look. Consolidation at the high,
42:27confirmed here, manipulate the low,
42:29pointer on the low, small move.
42:31Didn't really go anywhere. Take a look
42:33at ES.
42:35What's that low look like?
42:37Oh, [ __ ] Did I not put in replay there?
42:39Oh. You're kidding me. That was a really
42:41good example.
42:43Where was it at?
42:46Am I smoking that [ __ ]
42:48Was it this one?
42:50Well, this is still a shitty example.
42:51It's perfect. Okay.
42:54>> [snorts]
42:54>> Um did ES's low that it take Was it Was
42:57it associated with PO3? It was
42:58associated with PO3, so still, right?
43:01Even though this isn't, that one is. So,
43:03you got to be really careful about which
43:05one you're choosing. You got to make
43:06sure it's really clear. Whichever
43:07equity's PO3, you got to be really
43:08careful about that. Just needs a little
43:10bit of little bit of patience. This is a
43:11continuation consolidation.
43:14Uh
43:15Let's find a working example.
43:17Okay, we already did this one.
43:20I don't know how that happens.
43:22Okay.
43:24PO3
43:26righty there.
43:28This is a low. It is associated with
43:30PO3, but there's probably something back
43:31here.
43:32Um
43:35Let's see.
43:36Well, maybe on ES.
43:40Let's go right here.
43:42Oh, wait, no, it's a continuation. I
43:43didn't even realize that. It did PO3
43:45right after. See, my rules even work,
43:46and I'm not even looking for that [ __ ]
43:48Let's see where the continuation pointer
43:49was.
43:51>> [snorts]
43:52>> Mm.
43:56There was a 4-minute swept. Might have
43:57used that in the
43:59and a 6-minute swept. Okay, there it is.
44:016-minute swept, probably an FVG. Added a
44:03trim risk management move.
44:05[ __ ] is too clean, bro. Same here,
44:07didn't go anywhere. Took a manipulation
44:09on a high associated with the chop,
44:11didn't go anywhere.
44:12Um took a low not associated with the
44:13chop, didn't go anywhere. The
44:15continuations will happen after, but
44:16still. Let's go back one more One last
44:19example.
44:20One last example. I know this is a long
44:21video, but um Well, these are just clean
44:24[ __ ] Oh my god, dude. This is so clean,
44:26bro.
44:27This is literally perfect mech in real
44:28time. This is so perfect, bro. I This is
44:30like Look at this. 130 points free,
44:34bro.
44:35180 points free. Almost 400 points just
44:38between those two little trades there.
44:40Dude, [ __ ] beautiful. Not to mention
44:42the long that was probably in there and
44:43the long there. Like, dude, oh my god.
44:45Bro.
44:46Just sometimes this [ __ ] is just so wet.
44:49Um looking here. Oh my god, another
44:51consolidation continuation.
44:52Unless there's an SMT, and then maybe
44:54not.
44:58Yeah, literally just a consolidation
44:59continuation. Is what it is.
45:01Is what it is. Come on, give me one
45:03example.
45:07Uh
45:09>> [snorts]
45:09>> Okay, consolidation continuation.
45:13Mm, this isn't bad.
45:17It's [snorts] kind of associated with
45:18the chop a little bit. A little bit.
45:21A little bit. I
45:23a little bit.
45:24A little bit. We take the low. We did
45:26move. Ended up PO3ing again. Uh there's
45:28probably EQ range. We're going to be
45:29using EQ range uh as well uh when we're
45:32trading to help anticipate the chop and
45:34kind of do risk management on the chop.
45:36So, if we turn on EQ range, as long as
45:37this is Okay, well, so we have a little
45:39bit of session to work with.
45:41Um
45:44We can use I don't know if it ends at 6.
45:47Let's see.
45:49>> [snorts]
45:50>> Mm.
45:51Oh, [ __ ] Ends here.
45:53Boom. Let's go here. Let's see where
45:54that EQ range ends up falling.
45:56>> [snorts]
45:57>> Mm.
45:59Uh check ES.
46:03Oh, wait, what day was this?
46:06Well, this might have been news.
46:09That's a crazy dump. Holy [ __ ]
46:14That's insane. Okay, so EQ range a
46:15little bit displaced higher than where
46:17we are in price. So, this is probably
46:19either news day or something happened
46:20this day
46:21for that to happen. Um
46:24Wait for We'll go to a New York.
46:27One more New York. Okay, that actually
46:28This is pretty solid right here. This
46:29might be a good example. As long as
46:30there's a high.
46:33Maybe not. Maybe it's another
46:34continuation. Oh, it's 9:30 macro. Dude,
46:36I'm so out of it. Yeah, 9:30 macro. So,
46:39that doesn't even matter.
46:40Mm.
46:43Nope. Nope. Nope.
46:45Nope.
46:47Ooh. Okay, this could be good.
46:50This could be good. We failed.
46:52Um
46:55There's not much to say about this one.
46:57This one is not bad.
46:59This one's not bad. This one is pretty
47:01good. Um I don't think this is a that
47:04big of a deal. Let's check ES.
47:07This might be a good example.
47:10Okay, yeah, yeah.
47:11Price didn't necessarily go too far. It
47:14did Obviously, we're using the on-top
47:15FVG to sponsor the move. Didn't go very
47:18far. Decent enough to trade, but you
47:20want to trade it just like a risk
47:21management style trade on
47:22continuations. Like, we're not taking
47:24any highs or lows that aren't that
47:26appealing. This low, PO3 low, PO3 low.
47:29Not going to be ideal, but uh in this
47:32case with this high here after our chop,
47:34we take this high that isn't associated
47:36with the chop, and then we have that
47:37clear displacement through the lows. So,
47:39this is like probably the best example
47:42of seeing them contrasted. Here's a high
47:43not associated with the chop, no PO3 at
47:45the high, and no PO3 And there was PO3
47:47at the low. Didn't really go too far,
47:49and then obviously we continued to
47:51consolidate. Cuz imagine your exit is
47:53the same as your entry. What does it
47:54matter What's the point of that, right?
47:56So, just some uh some basic information
47:59on PO3. I know it's a super long video.
48:01If you have any questions in the
48:02comments, leave them down below for me.
48:03Happy to answer them. I do have to get
48:05on the road, bro. It's starting to rain,
48:07and I'm going to be late. So, I will see
48:08you guys in the next video. I think I'm
48:10either going to talk about techniques or
48:11sizing or trims or
48:14targets or profits or some [ __ ] Who
48:16knows?
48:17Who knows? Then we got to get into
48:18scaling accounts. We got to get into all
48:20that good stuff. But,
48:22like I said, uh if you have any
48:23questions, leave them down in the
48:24comments below. Happy to answer them. Um
48:25get the indicator. Join the Discord.
48:27Live trading coming back to you on May
48:281st. Other than that, boys, stay tuned.
48:31I will see you guys later.