2022 ICT Mentorship Episode 2

0:13all right folks well we're

0:16here so technically this is the first

0:20teaching uh I gave you guys an in

0:21introduction video obviously if you

0:23haven't watched that one yet go to the

0:24playlist on my YouTube channel and

0:27please watch that one because it'll help

0:28at least establish the in my opinion the

0:32proper expectations that way you

0:35understand what you're getting involved

0:35with here and at least it gives me a

0:38chance to kind of like break the ice and

0:41show you the contrast of what you may be

0:44expecting versus what I intend to

0:46deliver all right so this first

0:48installment is going to be elements to a

0:50trade

0:54setup all right

0:57so coming out of the gate I just want to

0:59let you know this is predominantly going

1:01to be a Futures index trading mentorship

1:07okay the idea is going to be presented

1:10in the scope of paper trading on

1:14tradingview.com

1:15but what you're looking at here this is

1:19thinker swims live data these are actual

1:22executions I made today and I want you

1:24to compare and contrast with what you

1:27see on YouTube and other educat where

1:31they'll tout that they can do this and

1:33they can do that but really I want you

1:36to compare and contrast what you see

1:38here all right so we're looking at

1:41intraday price action for Nasdaq e- mini

1:45Futures and this is actually uh the the

1:48main focus of this mentorship okay um I

1:52believe that this Market is worth

1:56studying I believe it is not just

1:58limited to NASDAQ but I believe it's

2:03useful to learn as

2:06a Trader that views obviously the e-

2:09mini S&P the e- mini Dow future and the

2:12e- mini NASDAQ now e- mini NASDAQ is a

2:15little bit faster a little bit more

2:18aggressive

2:19and even with that you can still trade

2:22it

2:23so I want you to think

2:25about what it means to watch price

2:28action and understand what it's likely

2:30to do before it does it now I'm not

2:32promising you're going to be able to do

2:33that right out of the gate what I'm

2:35going to show you is the compare and

2:38contrast to how I can trade versus what

2:42I'm promising to teach you in this

2:44mentorship how to find specific setups

2:47in your demo account okay or your paper

2:49trading account I'm not trying to entice

2:52you to trade with live funds okay so

2:53that way we know this going

2:56in the teachings will be predominantly

2:59through the school scope of

3:00tradingview.com paper trading module or

3:04just hindsight data now I already know

3:07some of you are oh here we go the

3:09hindsight

3:10guy well what you're looking at here is

3:13actually live executions from today okay

3:16and I want you to think about if you

3:18were able to trade a micro account and

3:22you were trading the Naas deck and you

3:26were able to capture just one of these

3:29moves which one would you like

3:31to learn how to find obviously you

3:34probably look at this and think well I'd

3:35like to do all of them but I want you to

3:37think about which one really stands

3:40out off the entire chart and this is a

3:43one minute chart which one really stands

3:46out I'll give you a moment you can pause

3:48the video and unpause it when you're

3:52ready some of you folks never ever pause

3:56it all right so obviously we can see how

3:59the Market moves from here okay two

4:03orders executed here whenever you see

4:05this this is actually a reversal so if

4:09there is a trade on long it'll reverse

4:12and take you the other direction okay

4:15and then this one here this is a

4:17reversal as

4:19well then another another close and then

4:23another long entry the exit a short

4:28entry and then the cover okay I'd like

4:31for you to consider what it would take

4:32for you to find consistency and how many

4:35handles how many

4:37full handle moves in an index Futures

4:41Contract that would satisfy you and when

4:44I say a handle that's essentially four

4:46ticks the minimum fluctuation in these

4:49markets an example would be if you were

4:52trading the EM S&P and you were trading

4:54obviously the

4:574450 level and you went long if it went

4:59to

5:004451 that's a full handle okay or four

5:02ticks or four * $12.50 or $50 per handle

5:08the nas deck is $20 per handle so it's

5:11slightly different but it's faster it

5:14moves a lot more lot more handles a lot

5:16more

5:18aggression now it doesn't always move

5:21faster sometimes we'll have a lethargic

5:25price action in this Indy or another out

5:28of the three that would be the S&P the

5:31NASDAQ and the

5:33Dow I personally don't trade the Dow

5:36that much but there's a lot of my

5:37students that love trading the ym but ym

5:41is the symbol for the Futures Contract

5:42and these three markets have the luxury

5:46for you that may not have the capability

5:49to put up to like

5:50$177,000 margin if you were going to

5:52trade one full contract of the NASDAQ

5:54futures most Brokers unless you're using

5:56a discount broker they're going to

5:57require you to have Deep Pockets and

5:59sense that you're going to have that

6:00about $177,000 and about 12,000 and a

6:04half for an e- Min S&P for Futures

6:06Contract okay you take

6:11basically a fraction of that and you can

6:14trade a micro on each one of these

6:16markets but obviously it reduces the

6:19number of the tick multiplier because

6:22you're trading with a lot less

6:24technically

6:25leverage so I'm going to get into all

6:27that but I just kind of like want to

6:30begin the

6:31conversation informally but also to kind

6:34of like show you what it is that I do

6:38versus what other people do okay

6:42so I'm not trying

6:44to you know point my finger at anyone in

6:47particular but if you look around on

6:49YouTube there are people out there that

6:51try to make a big stink about themselves

6:54and they'll try to

6:56show results that may or may not be real

6:59I'm not here to disparage that they

7:01could be actually trading a live account

7:03I don't personally care but anyone that

7:05trades on think or Swim they can

7:06recognize this chart right

7:08away I posted a results and updated uh

7:12reflection on the Thinker swim or TDM a

7:15trade account and it's on my community

7:18tab I promise I won't beat you up too

7:21much with the community tab but that's

7:22my way of reaching out to you so if you

7:25subscribe to the channel and then when

7:27you subscribe to the channel you want to

7:29toggle all notifications you want to

7:32click that little uh I think it's like a

7:34bell icon and then all notifications

7:37that way anytime I post my community tab

7:39it'll let you know otherwise it won't

7:41let you know so it's it's my replacement

7:43to Twitter which in my opinion

7:46sucks so if we look at the EB and flow

7:52of all this

7:53here where the Market's trading up and

7:57between here and here

8:00it's not a small number of handles it's

8:03a pretty respectful amount of handles

8:06it's not a couple it's not a handful and

8:09then up here it's a reversal and it

8:12comes back down and I buy it back here

8:14in Reverse so I'm selling short

8:17here and I'm buying long

8:21here 740 the 720 that's 20 handles going

8:26long here at 720 I'm abbreviating the

8:29number just for brevity sake getting out

8:32at 732 12

8:35handles then going along

8:39here 756 and then getting out at 784 A2

8:44then going short at

8:47798 and covering at

8:50675 so I'll ask you which one of these

8:53trades do you think is the one that you

8:55want to learn again putting all

8:57aside the idea that you you probably

9:00want to do all of these but I'm not

9:02promising you that okay I'm going to

9:04take you

9:06into how to find this setup

9:09here notice the number of handles I'm

9:12not promising you're going to get this

9:13many handles but the setups and the

9:15logic behind it will help you find these

9:18types of Frameworks framework is the

9:21foundation to a trading model so you

9:24have to have an understanding what is

9:25you're looking for and that's really the

9:27only thing I'm introducing tonight is

9:28the idea of what it is I'm promising to

9:32educate you with so that way you can go

9:34in and find these setups on your own you

9:36will not need to be a slave to some kind

9:40of blackbox system you don't need to be

9:43a part of some kind of signal generating

9:46gimmick you don't need to be a part of a

9:48signal service you can find these on

9:50your own independent that's exactly what

9:53I'm trying to frame in all of my

9:55students I do that with my mentorship

9:56students that paid me for education now

9:59here you are in my YouTube channel I'm

10:01telling you the same thing I'm teaching

10:04Independence that way you're not

10:05requiring any handholding by me once you

10:08understand the rules and you go through

10:09the processes and things I'm going to

10:11teach you how to practice with you will

10:13not need anything except for the chart

10:16itself that's it and that's how in my

10:20opinion and you can argue with this if

10:22you want but I could care less if you

10:23could any of you would challenge the

10:25idea that independent thinking is not

10:27the best way of doing it you want to be

10:29able to be Unshackled okay and if you're

10:31part of a signal service or if you're

10:33part of a approach that requires you to

10:36use a blackbox system you're kind of

10:40held captive aren't you so if you look

10:43at this this

10:45chart is clean except for these little

10:48bubbles actually show you the

10:50transactions you don't really get any

10:53kind

10:54of

10:57well distortion from your reading of

11:01price action I don't have a lot of

11:03graffiti on the chart okay but the main

11:05takeaway here is I want you to

11:06understand that I don't hunt for three

11:09to five handles and consider that

11:11legendary okay now can you be profitable

11:15if you take high frequency trades and

11:18you do those types of Trades absolutely

11:20that's what Algos do algorithms do that

11:23but I'm trying to show you by contrast

11:26that there is a way that you can find

11:28setups that are outside that parameter

11:31of very small little handles and doing

11:34lots of contracts so if you're looking

11:36at this here and this was say you're

11:38trading and you're trading a NASDAQ

11:41micro account you're not making a lot of

11:44money on these swings okay I'm not

11:47making a lot of money on these swings

11:49but I'm able to find these swings and

11:52it's not these small little increments

11:55okay I'm going to teach you skill sets

11:58that Focus primary arily on this okay

12:01you want to find a nice price leg

12:03intraday I'm not promising you how to

12:06buy sell short Buy sell short Buy sell

12:09short that's that's mine okay I'm not

12:13teaching that and I somebody like oh

12:15you're a jerk you're this you're that

12:16whatever I didn't promise that that's

12:18why I set the stage in the first

12:20introduction video so that way we know

12:22what it is I'm teaching you if anyone of

12:25you here don't want to learn how to take

12:27this type of trade you're welcome to not

12:29continue and turn this video off and go

12:30watch whoever okay but I think if you

12:35give it a chance you'll find some

12:37amazing things that bring Clarity to

12:39reading price

12:42action all right so we're looking at the

12:45NASDAQ futures March delivery contract

12:48and this is a trading view chart and if

12:50you've never used tradingview.com the

12:52way you would pull this symbol up is

12:54NQ

12:57h222 okay and and this is a weekly chart

13:01and I want you to think about each week

13:04before the new trading week begins

13:06preferably on the weekend okay the idea

13:10is you want to try to get a read on what

13:11you think that next weekly candle is

13:14going to do is it going to go higher or

13:16is it going to go lower you're not

13:18trying to predict the close of the

13:21weekly candle that's important okay you

13:23just want to see before this weekly

13:26candle opened up all we had was this IND

13:29candle okay do you think that this

13:32candle that would have formed and opened

13:34here is more likely to go higher or

13:39lower obviously with the benefit of

13:42hindsight here but I can tell you all of

13:44my students know we've been looking for

13:45lower prices and I'll just give you a

13:47quick short list as the reasons why

13:49number one seasonality okay seasonal

13:51Tendencies it tends to go down around

13:53this time anyway we also have

13:56discussions about how the fed's going to

13:58raise interest rates stock market does

14:00not like that we're also in earnings

14:02season there's a lot of volatility

14:04because of earnings and those factors

14:08plus the underlying tone of the

14:09marketplace which I'll show you when we

14:10get into the daily chart it

14:13just well it's heavy and this is where

14:16it was going to draw to okay did I

14:19expect this entire range to be delivered

14:21in one week no that's not important the

14:24point is I'm expecting the weekly candle

14:27to expand on the lower end okay okay or

14:29go down and gravitate towards this low

14:32which it hasn't broken yet but I think

14:34that's what we're probably going to aim

14:35for on Sunday's opening going into

14:36Monday's trading so that's where I think

14:39it's drawing

14:40to and that's the component I want you

14:43to focus on with your analysis what is

14:45the market likely to draw to when I say

14:47draw to think of it as price being a

14:53paperclip okay and then you you have

14:56this magnetic impulse that specifically

14:59price levels and seasonality okay

15:03will put on price it'll cause price to

15:07gravitate towards certain levels and the

15:09measure of speed and magnitude that it

15:11moves to get to these levels you learn

15:14that over experience that's not

15:16something I can transfer it's something

15:18you have to practice and see and study

15:20and you get a rhythm for it okay every

15:22educator knows what I mean by that and

15:24every student that's been trained

15:25successfully by any other educator will

15:27not understand exactly what I mean by

15:29that you just get a feel for it it's

15:31experience there's no way of defining

15:32outside of

15:34that in the early stages of your

15:36development you want to at least try to

15:38focus your attention on where that

15:40Weekly candle is going to do now here's

15:42the thing it may start the first half of

15:44the week or maybe just one day expand

15:47lower and if you get a setup in that

15:49that's it you're done that's how you

15:52start working towards consistency no

15:54student ever should try to trade every

15:57single session every single day because

16:00the only thing you're doing is building

16:03an expectation that you're going to be

16:04able to do this every single day

16:05profitably and then if you do get a run

16:08of profitability soon as you get a

16:10losing trade it's going to blow your

16:12mind and you're going to want to correct

16:14it quickly and you're going to start

16:16making irrational decisions and then you

16:18enter that loser cycle I've talked about

16:20many times in the YouTube channel so the

16:23only thing you're looking for is a

16:25likely movement higher or lower based on

16:28on the weekly candle okay that's all

16:30you're

16:31doing that sets your initial bias for

16:34the

16:35week on the daily chart you're looking

16:37for swing highs and swing lows to get

16:38your liquidity and majority of your

16:42trading and the draw on liquidity what

16:46makes the market go higher or lower it's

16:48predominantly found on this time frame

16:51okay so majority of your analysis should

16:53really be linked to this time frame

16:55right here you have to have an

16:57assumption

16:59whether you're going to be expecting

17:00that Weekly candle to expand higher or

17:02lower that's your weekly bi but then you

17:04have to go into the daily chart and

17:06figure out basically where you are in

17:08the grand scheme of things on that

17:09Weekly range expanding higher or

17:12lower because we're looking for lower

17:14prices and we're looking for

17:16weakness the expectation is we want to

17:18see every short-term

17:21low like this would be a shortterm low

17:23this will be a short-term low and

17:25underneath those lows there's going to

17:26be sell stops okay that's liquidity

17:30when I say learn to start looking for

17:33where the Market's going to draw to it's

17:35drawing to one of two things okay it's

17:39drawing to stops which is liquidity or

17:42it's running to an imbalance now what's

17:45that

17:46mean above old highs buy stops below old

17:51lows sell

17:53stops imbalances is something like this

17:56over here where we have one single

17:58candle pass higher and the previous

18:00candle's high is here and the next

18:02candle's low is here so it only went up

18:04one candle nothing moved down the

18:06overlap with that same delivery on that

18:08price candle there so in other words

18:11that's an imbalance it's only going

18:13higher and nothing else is here to

18:17offset that and efficiently deliver

18:19price on the opposite end now you

18:22probably heard of the theory auction

18:23Theory okay and folks hear me try to

18:28communicate some of these things and

18:30they'll run away with oh he's just

18:31talking about auction Theory and it's

18:32not just like when they see me do a

18:35rectangle or a box on chart and you'll

18:37see one in this video it's not supply

18:39and demand okay it's just what it is

18:42you'll see it and you'll know right away

18:43after you've been with me for a couple

18:45weeks that this is entirely unique and

18:47there's nothing else like it and I'm

18:49certain majority of you are going to

18:51fall in love with this

18:52model so we're looking for lower prices

18:55we're looking for an expansion I'm using

18:57the benefit of hindsight but I can

18:58promise you

18:59again this was discussed we were looking

19:01for lower prices in my paid group and if

19:03I did not say that I have a lot of

19:05students that are making YouTube

19:06channels they are welcome to come out

19:08and say I'm a liar so we're looking at

19:12the daily chart we're going to drop down

19:13into the hourly chart okay now what I

19:16have here is a framework for looking at

19:19the weekly range on an hourly chart so

19:21all I did was beginning on midnight New

19:24York time Monday's candle and then

19:28Friday's close and in the beginning of

19:30Friday's trading at midnight okay now

19:33what I'm delineating here is the fact

19:35that we had a nice selloff on

19:38Thursday and the market went into

19:39consolidation

19:41overnight notice what happens here on

19:44Friday this is that old low in the daily

19:46chart that's what we're thinking or

19:49assuming that it's going to draw to

19:51because that daily chart there's lots of

19:53liquidity and large fund Traders large

19:57institutional Traders

19:59institutional mindset investors will be

20:03looking at these old lows and old highs

20:07and liquidity providers will be looking

20:10to take business in around these same

20:13levels so if we know that this level

20:16down here is the old daily low and again

20:19let me take it back up to the chart on

20:20the daily chart that's this low right

20:22here okay by dropping down into the

20:24hourly chart at levels here all I'm

20:26doing is transposing those daily levels

20:30right to this hourly

20:31chart the entire week has been

20:34bearish okay it's been going lower since

20:36the beginning then we had consolidation

20:39in

20:40here the market creates this short-term

20:43high in this short-term low what rests

20:46above that short-term high if you've

20:48taken notes and been paying attention

20:49it's buy stops what's resting below this

20:52low Here Sell stops watch closely the

20:57market trades down initially

20:59and takes out the cell stops why would

21:01it do that

21:03first this is inducing shorts okay so it

21:06Engineers liquidity even

21:10if the idea is that they want to take

21:14the market down to this level if it's

21:16been

21:18consolidating I like to see them do this

21:20type of move here where it drops down

21:22first it's kind of like a sucker play

21:25anybody has a sell stop below here they

21:27want to sell on weakness

21:29they're going to get tripped into the

21:30marketplace so now they're triggered in

21:32short and then they start doing a run

21:34against those Traders and against those

21:38that were already short from this high

21:40so what are they doing the Market's

21:42being driven higher and the algorithms

21:45going to attack that buy stock liquidity

21:47pool why would they want to do that

21:50number one it's going to punish those

21:51individuals here that went

21:53short when it drives Above This High

21:57here it sends all those spy stops into

22:01Market orders flooding the marketplace

22:04that gives a huge influx of willing

22:08buyers at a high price which is the

22:10perfect counterparty to Smart money that

22:13wants to sell at a high price remember

22:15the market wants to go down here so when

22:18it dries up to here those buy stops are

22:21the counterparty or the other side of a

22:24smart money Trader that's wanting to go

22:27short because they're going to sell

22:28short they got to sell it to somebody

22:30wants to buy it at a high price that's

22:32why the market does this okay in your

22:35notes you want to record anytime a

22:37significant price move lower is expected

22:41always anticipate some measure of a stop

22:43hunt on buy stops or a short-term High

22:45being taken out obviously it's reversed

22:48when you're looking for higher prices

22:51generally you'll see a shortterm low

22:53taken out and sell stops taken before

22:55you see a very pronounced rally High

22:59higher don't take my word for it go

23:01through your charts and you'll see it's

23:03actually occurring almost on a daily

23:05basis so we're going to drop down into a

23:0815-minute time frame so that same old

23:11low level down here and that high I just

23:14mentioned on the hourly chart and the

23:15low on the hourly chart is now been

23:18defined with a small little line segment

23:20okay so we have a trend line here and a

23:22trend line here that's the extent of a

23:24trend line that's it I only use them to

23:26highlight to my students these levels

23:28are not on my chart I'm watching a naked

23:31chart

23:32okay you while you're developing you

23:35should have these levels drawn out in

23:37your chart because it helps you build

23:39and ingrain the idea that this is where

23:41liquidity is it keeps you focused on

23:43that because it's easy to look at all

23:45these candles forming if you have the

23:47luxury of watching it in life and you

23:49can lose sight of where you are and mean

23:51once you lose your bearings it's really

23:54confusing and this helps you keep those

23:56bearings in mind and what do I mean by

23:58that well I mentioned how the market

24:00dropped down initially and that takes

24:02the sell stops out so sell side

24:05liquidity has been attacked Traders are

24:08now tripped in going short if they sold

24:10on a break trying to be a breakout

24:12artist and then the algorithms go right

24:14back up to an area where it's been

24:16cleanly delivered relative equal highs

24:19see how this High here right before it

24:20dropped is basically the same high here

24:23notice that so retail Traders see this

24:26and they trust it as what

24:29resistance so the books always say put

24:32your buy stop if you're going to go

24:34short right above and clear level of

24:37resistance well these levels work for a

24:39short period of time but majority of the

24:42time you see this event right here and

24:44this is how I teach my students to go in

24:45there and look for those types of events

24:47because what did I just tell you a

24:48moments ago about looking for

24:50significant price moves before there's a

24:52significant price move of any real

24:54magnitude or

24:56importance generally there's going to be

24:58a hunt that takes place right before

25:00that price delivery occurs so what does

25:03it look like you have relative equal

25:05highs this high and this High the market

25:07goes up when we're what we're expecting

25:09lower prices on that Weekly chart we're

25:11on the last day of the week it's already

25:13been heavy it's weak and the only thing

25:15it's been doing is consolidate and the

25:18first thing it did was broke out to the

25:19downside tripping what traders in a

25:22breakout to go short so now they have

25:25Traders caught on the wrong side offs

25:27side and now they want to take the

25:29market up here where those buy stops are

25:31going to be resting for those that were

25:32smart enough to sell short here or here

25:36and didn't get out below here so the

25:39larger pool of liquidity is going to be

25:40resting here because it's in sync with

25:43the downtrend and everybody that was

25:45short the day

25:46before they seen this High form and once

25:49it broke below this low here they all

25:51rushed and Trail their stop loss right

25:53above that and I understand if you're

25:56new and you think well this is easy to

25:58explain in hindsight but I want to

26:00remind you go back and look at the first

26:01slide I showed you those were actual

26:03entries that's a live account through

26:05thinker swim Charles swab that was the

26:08clearing firm that did the broker side

26:10of the business okay so I'm not showing

26:13you a demo account I'm not showing you

26:15paper trading that those were real

26:17entries okay they were real reversals

26:19the whole business but the main thing

26:21was I showed you that larger trade this

26:23is going to be the framework that I'm

26:25teaching you how to find it okay but

26:27this pool of liquidity once this occurs

26:30you want to drop down to your lower time

26:32frames and start looking for something

26:33specific and let's go into those lower

26:35time frames and find out what that

26:37is okay here's a two-minute chart why a

26:40two-minute chart well 2 minute 1 minute

26:43or 3 minute or five five minutes still

26:46has a lot of room for imbalances to

26:49occur underneath that time frame and

26:51what do I mean by that the one minute 2

26:54minute 3 minute chart tends to be the

26:58best for finding the imbalances for

27:01indices okay don't take my word for that

27:03okay if you're looking for high

27:04frequency setups intraday the one two or

27:073 minute chart are just beautiful they

27:10just offer a real good Clarity the

27:12reason why because the high frequency

27:14trading algorithms are operating on

27:17nothing really higher than 3 minutes

27:19majority of the time they're like

27:20seconds okay 15c 30 second 45 second 60c

27:25intervals okay and what they're looking

27:27for are these small little imbalances

27:30and what does that look like well we

27:32have that run on the buy stops here okay

27:34remember that old high here the old high

27:37here old high here it runs right on

27:39through that once this occurs on that

27:43higher time frame 15-minute time

27:45frame you want to drop down to the lower

27:47time frames and I'm using the two-minute

27:49chart because this is exactly what I was

27:50using to find that imbalance and trade

27:53off of it

27:55okay the market creates a short-term low

27:57here here and then it breaks below that

28:00this is key this is called a break in

28:02Market structure now the foundations and

28:05underlying framework is we're in a

28:07market that's what weekly bearish we're

28:10expecting that Weekly candle to expand

28:12lower it's been expanding all week so we

28:15have momentum on our

28:17side we have a consolidation that's

28:20occurred and we had a pull liquidity

28:22engineered with these relative equal

28:23highs and the market broke out to the

28:25downside first and then they ran on the

28:28highs so once it went here we don't rush

28:31in there just go short because it went

28:33above old highs we're looking for some

28:36specific signature that tips its hand to

28:38you okay and I promise you when you

28:40start going through your charts and it's

28:41going to be homework for you you're

28:43going to see this occurring almost every

28:45single day and if it's not doing it this

28:47way it's doing it the opposite direction

28:48as a buy okay again don't take my word

28:51for it you're going to be flabbergasted

28:53you like that flabbergasted when you see

28:56how many times this thing forms every

28:58single week okay it's many times

29:01throughout the intraday charts it

29:03creates this type of move but it runs

29:06the stops then we have a short-term low

29:08and then it breaks below it so now we

29:10have a Breakin Market structure okay

29:12once this low is broken you're going to

29:15look for this little area here that's

29:17that imbalance I mentioned in the

29:18beginning right so what's happening is

29:21the Market's going to go right up inside

29:22that area there and that's where you

29:25want to sell now if you don't sell there

29:28you can drop down to a lower time frame

29:29one minute chart if this was a 3 minute

29:31chart you can go down to a one minute

29:32chart and look for that to occur on that

29:34time frame as well and it many times

29:36will form if you're looking at a lower

29:38time frame like say this was a 5-minute

29:40chart and you looked at a one minute

29:41chart you'd find one down in here it's a

29:43matter of scaling down in your time

29:45frames because once you have an

29:47underlying premise to the market now

29:50likely to go lower it becomes an easy

29:53thing to look for these types of things

29:55so in your chart once you're developing

29:59this idea and and learning it you're

30:01going to highlight this candle's low

30:03this candle's high and this right here

30:04is what I teach my students as a fair

30:06value Gap okay you don't have those in

30:09books okay you don't have any of that

30:10kind of stuff out there it's something I

30:12introduced back in

30:142016 and obviously a lot of people

30:17discovered how good it is and they try

30:19to make courses with it but I'm going to

30:22not touch that right here but the idea

30:25is once it go up into that imbalance

30:27there and once it does that soon as it

30:30enters that

30:31area the algorithm that delivers price

30:36now some of you may not know what that

30:37means and some of you may not even agree

30:39with it you may think that this is made

30:41up or it's contrived I promise you if

30:44you spend time with this you're going to

30:45quickly come to the conclusion that

30:47there absolutely is an algorithm and

30:49it's manipulating the markets every

30:51single day every single tick it's

30:53completely controlled okay period you're

30:56led to believe it's buying and selling

30:57pressure now if I go back and use that

30:59analogy where it went down here first

31:01then go up here some of you may argue

31:03see that's the buying and selling

31:05pressure no it's not it's liquidity now

31:07you may argue and say well we're arguing

31:09semantics no I'm telling you what's

31:11going on this is the logic this is how

31:13these markets book

31:15okay once you see these patterns over

31:18and over and over again it's very easy

31:21to execute on them but the impulse to

31:23want to do it the first time you see it

31:24because you watch this video that is

31:27going to be problematic for you so

31:29you're going to have to do a certain

31:30number of weeks and months of back

31:32testing there's no escaping that you

31:34have to do it any skill set any teacher

31:37educator system whatever okay whatever

31:40they're going to give you there's going

31:42to be some kind of growing period where

31:44you have to trial and error fix the

31:47problems that you have about yourself

31:49and I've literally taken your attention

31:51to a very specific framework and setup

31:53notice that some of you may think I'm

31:55still talking too much but I'm taking

31:56you right into the heart of the matter

31:58this is what it looks like this is what

32:00you're looking for okay these are the

32:02Fingerprints of that

32:04setup these

32:06repeat so if you know what they are and

32:09what those components are that make up

32:10this

32:11setup you'll be able to find them but

32:14focus on the imbalance after the market

32:17structure breaks so this big candle here

32:19it breaks

32:20down look at the next candle it opens

32:23and trades higher and stops right there

32:25so from this candle's low and this

32:26candle's High when this candle starts

32:28trading soon as it opens and it runs

32:30right up into that that's a short you

32:31can go right in there and sell short be

32:33done now where's your stock going to be

32:37well you can put it above this High here

32:40or you can put it above this candle's

32:42High whichever your risk parameters

32:44allow for okay um if you're trading the

32:48micro which is again it's not a lot of

32:50money per tip so the multiplier for that

32:52is very very small if you trade the

32:56larger full Futures cont cont and if it

32:58moves 100

32:59points and it can do it real quick it

33:02can burn you pretty bad so you may have

33:05the leverage to trade with a discount

33:07broker okay you may have the initial

33:09margin to trade with a discount broker

33:11but you may not have the wherewithal and

33:13the skill set to navigate this market

33:15and that's the only thing I'm trying to

33:17provide here as an alternative because

33:19there's a lot of individuals outs there

33:21that will promote the idea that you can

33:22go out there with a discount broker and

33:24just clean up yeah if you know what

33:26you're doing but you don't need a

33:29discount broker to be profitable

33:32okay looking at this further we're going

33:35to look at the logic in here and I want

33:36you to think about after this forms and

33:39you see that as your choice setup or

33:41entry if it starts to move lower you can

33:45still get in it there's no reason not to

33:48think that you know you can't get in it

33:49here or in here it's close to or in

33:54close proximity to where that area is as

33:56an entry once we take out a low though

33:59once that occurs then it becomes a

34:02matter of your chasing price and if you

34:03try to get in especially if you like

34:04using Market order you may see it trade

34:07right to this low and say okay now I

34:09believe it's going to go down you put a

34:10market order in the sell short then

34:12slippage gets you down here that creates

34:14a larger area of risk that you have to

34:16assume and it's just it's problematic

34:18you want to learn to trust going short

34:19when the Market's going higher and that

34:21feels scary at first but once you start

34:23seeing this pattern form it becomes easy

34:26to trust it and in in fact that you want

34:28to be doing that you want to be selling

34:30short expecting lower prices right when

34:33the candle's going up and Retail Traders

34:36can't grasp that many times it's just

34:38like it goes against the logic because

34:40they think I got to have confirmation

34:42all the books say I have to have

34:43confirmation and that's somebody that's

34:45coming in late that's someone that

34:47doesn't have a read price they can't

34:49really follow it and usually they're the

34:51people that will trade short with

34:53additional shell you know sell stops

34:55they'll put sell stops below the

34:56marketplace and then that's a momentum

34:58entry for them and it's kind of like a

34:59no-brainer in fast markets it yeah it

35:01works but if you don't know what you're

35:03doing you try to do that in a market

35:05that's consolidating or about the

35:06reverse it hands you your backside okay

35:10so if you're looking at this framework

35:13here and we've taken the buy stots we

35:14have our entry pattern here what would

35:16you be looking for as a downside

35:19objective well I'm going to teach you

35:22the liquidity Matrix okay and sounds

35:25pretty cool sounds neat and all that but

35:27watch what it is this here is your range

35:30this is the low of the day and this is

35:32the high of the day thus far so if we

35:35take that range and split it from the

35:36low to the high to get the midpoint all

35:39this can be determined by a simple 50

35:40level on a Fibonacci so you drag your

35:42Fib from this high down to that low or

35:44vice versa and have your 50 level

35:47highlighted then anything above that 50

35:50level this is referred to from an

35:53algorithmic stance as a premium Market

35:56it means is expensive now markets can

35:59stay in a premium for a while and not go

36:02to a discount which would be below the

36:0450 point okay 50% anything down here is

36:07a

36:08discount if you're bearish if you're

36:10ever going short you want to look at the

36:11previous range where are you at inside

36:14that range so when this formed here that

36:16little fair value Gap once that

36:20formed you're thinking okay we are in a

36:23premium so algorithms will want want to

36:26go to a discount that's the opposing

36:29side of the marketplace so if it's going

36:31short here it's driving the market lower

36:34what does that mean the algorithm is

36:35going to start pricing lower you can

36:38have all the buyers in the world come in

36:40if the algorithm is in a sell program

36:42and it's going lower it does not matter

36:44it's going to repic lower and lower and

36:46lower and then what will happen is those

36:48buyers that may come in with a huge

36:49influx of volume they're going to get

36:51crushed and they get squeezed you ever

36:53hear that term oh this is a bear squeeze

36:55this is a bull squeeze all that is an

36:58excuse for them not to know why the

36:59algorithm is doing what it's doing

37:00that's it that's all it is it's an out

37:02okay I'm telling you this is what's

37:04really going on so the Market's moving

37:06from this premium high this specific

37:09entry point to a level below the 50 of

37:13this range this low and this high now I

37:17want you to again go back and Rewind the

37:19video once we're done and look at that

37:22execution page where I showed you my

37:24entries going back and forth up and down

37:26up and down and where I got out at where

37:28I got in at okay I want you to think

37:32about what below this level here the 50

37:35level what is resting below

37:41here cell stops so now think about the

37:45idea of Someone Like You and I that

37:47would see this ideal entry as a short we

37:50have to sell to get in that short how do

37:52we get out of that short we got to buy

37:55it back or cover it by buying

37:58well we're going to find willing sellers

38:00at a low price relative to this point

38:02here they're willing already sitting

38:04down there with their sell stops right

38:06below that

38:07low now look closely what else resides

38:11right near that

38:14low do you see it pause the video before

38:17I show it to you because it kind of

38:18ruins the experience because if you find

38:21it and I don't tell it it feels

38:24good right there is that imbalance I

38:27mentioned

38:28okay it's only one single candle passing

38:30up and the previous candle's High and

38:32the next candle's low that area right

38:34there is an imbalance from this area

38:36here it went down below the 50 level and

38:39attacked these cell stops and completely

38:43closed in this imbalance so every point

38:45of this candle's High to this candle's

38:47low that range with the candle only

38:49going up that's a by side

38:54imbalance it has to have an equal

38:57delivery to be efficiently priced and

39:00booked by the algorithm it goes down and

39:03completely closes it back in with down

39:05movement notice the candle on this here

39:06it opens and then trades down so it

39:08fulfills its role of balancing the buy

39:11side offering now the sells side

39:13offering so that is an efficiently

39:15delivered price

39:16move Precision elements from the entry

39:19here down to here everything else after

39:22that for the rest of the day I didn't

39:23care about even though I had an

39:25objective of that old daily low I wasn't

39:28expecting it to run into it this

39:32particular day and that's why I didn't

39:33participate anymore the rest of the day

39:35in hindsight I wish I would have left a

39:37small position on and just let it go but

39:40you're going to have that you're never

39:41going to be right about everything all

39:43the time every single day you're going

39:44to leave things on the table you're

39:46going to get in too early you're going

39:47to hold too long you're not going to buy

39:49enough you're not going to sell enough

39:50there's always going to be some reasons

39:52why you didn't do something right so

39:53don't beat yourself up about it okay but

39:55if you can find elements like this

39:56repeat in the price action can you agree

39:59with me that that is amazing precision

40:03and this is the logic I used to do that

40:06trade the very trade that I showed you

40:08that was the largest one in the example

40:10of saying which one would you rather

40:11learn how to

40:13do I basically just handed you an ATM

40:16machine

40:18okay this repeats every single week

40:23every single week now I want you to

40:25count the number of the Handles in this

40:29move let's say you got in at uh well

40:32this say you got in at 800

40:3414,800 it started to go down you trust

40:37it okay we're going to go short ideally

40:40you want to enter as it goes into that

40:41but it's going to take time for you to

40:42trust

40:43that but let's say you got in at

40:4714,800 if you got out down here like I

40:49did I exited as it went right to the top

40:51of that range right here this range here

40:55that's the top of it once went below

40:58that that was it for me that closed the

41:01trade is that five handles is that 10

41:04handles is that 20 handles is that 30

41:06handles is that 50

41:10handles

41:11no it's over 100 and

41:14something

41:17now let's assume for a moment that you

41:20get good at this or I get the

41:23inclination that I want to go to some

41:25kind of a deep discount broker

41:27and I go in I do trades like this and

41:29I'm putting on 15 to

41:3125 full Futures contracts what do you

41:35think the results are going to

41:40be yep so not everything is going to be

41:46easy right away and you're not going to

41:48be able to see these things happen just

41:50because you sit in front of the charts

41:52you have to study and you have to

41:54practice and by experience of looking at

41:56Old moves and watching real price action

41:58as best as you can if you can't watch it

42:00live trading view has a replay button

42:03where you can watch the candles kind of

42:05form but they're they're little stilted

42:09because it's not completely painting the

42:12candle okay and you can't practice with

42:15entering like that you can only just

42:16study how price moved and gravitated

42:19towards certain levels it's the best

42:21thing you can have if you if you at

42:23least consider doing that much that's

42:26good but if you really want to take it

42:28to the next level and say you're running

42:29a business or if you're going to school

42:31or you have a job and you can't watch

42:33the time frame around the opening of the

42:37index Futures and I like watching it

42:40around 8:30 in the morning New York

42:42local time to 11:00 there's usually a

42:44setup in there that I'm going to be able

42:45to find obviously You' seen I did

42:47multiple setups and executions today but

42:49the point is this that's like that sweet

42:51little spot in the morning that I focus

42:53on I teach that in this YouTube channel

42:56I teach it in my my paid mentorship

42:59group so you're getting real stuff here

43:02it's not something that was contrive I

43:03didn't just make it up because this day

43:05worked out in my favor my students

43:07recognize these things also

43:10and these are simple elements that

43:13repeat what you're looking for is a run

43:15on liquidity buy stops or sell stops if

43:18you're bearish you're looking for buy

43:21stops to be ran then a break-in Market

43:23structure lower a short-term low being

43:25broken that's what it looks like right

43:26here shortterm swing low we have a

43:28candle High I'm sorry a candle higher to

43:31the left with with its low here then you

43:33have the low of this candle and the next

43:35candle's higher low than this one so you

43:37have a swing low formed if you have that

43:39and then you have a break below that if

43:42it happens that creates a gap like this

43:46that's what you're looking for when it

43:47trades up into that you can go short or

43:49if you want to use cell stops you can

43:52use a cell stop in this candle here and

43:54this let it trip you in and then use the

43:57high of that candle as your stop that

43:59may be too wide for you but I I

44:01mentioned the logic around this is

44:03you're using a micro okay micros aren't

44:05that big of a deal it's not a lot of

44:07money okay you're not risking a full

44:09Futures leverage it's very very small so

44:13if you're looking at these types of

44:15setups and you can find them forming

44:19repeatedly over and over and over again

44:21and you study them you're going to see

44:24that you don't need to get these little

44:26five handle moves these little 10 handle

44:29moves you can make a living doing that

44:31don't get me wrong I'm not trying to say

44:33that people cannot be profitable and

44:35wildly profitable but when you learn how

44:38to do something like this and you're

44:41able to pull down this number of

44:45handles and then you have sound money

44:48management nothing compares to it folks

44:51these are the things that I use when you

44:53watched on when I was on Twitter and I

44:55ran up the demo accounts really high

44:57these are types of setups I was using

45:00these types of setups and as the account

45:02grew it was more demo account leverage

45:05well I'm not using a demo account right

45:07now I'm showing you with a think or Swim

45:09and anybody that knows think or Swim

45:11when I'm showing you those screenshots

45:13the paper trading shows as orange

45:16everything on that page is orange when

45:18it's a live account it's green okay also

45:22here's the rub with a demo account it's

45:25just demo demo demo demo okay

45:27I am not trying to promote the idea that

45:31you're going to get rich notice that

45:33account hasn't gone Bonkers it hasn't

45:35ran up to a million dollars because this

45:38mentorship is to hopefully inspire you

45:40to pick up a skill that if you deem it

45:44useful and you decide at your own

45:46discretion and your own timing and you

45:48assume that risk on your own because I'm

45:50not going to tell you to do this if you

45:52decide to get really good at this and

45:53you put money behind it that's a skill

45:57set that could I'm not promising but it

45:59could alleviate some of the problems

46:01with what I believe is coming in terms

46:03of financial hardship not just in

46:05America but everywhere jobs are getting

46:07harder and harder to have the economy is

46:09a mess so how do we answer that how do

46:12we get another income stream coming in

46:15this is in my opinion this is one of the

46:17ways that you can at least investigate

46:18the idea of doing it all right so I'm

46:20going to give you some homework in

46:22closing I want you to go through all of

46:25the e- mini Futures Contract charts okay

46:28just like I showed you here these time

46:29frames go back and look at the

46:31presentation and see what the time

46:33frames I gave you listen to what I gave

46:35you in terms of audio

46:36commentary that is enough in fact I gave

46:39you a ton and it may have your head

46:42spinning if you're brand new to me or if

46:44you're brand new to technical analysis

46:46or trading me feel like man is too fast

46:49do not send me an email I promise you

46:51the lessons I have planned will help

46:54eliminate and answer majority of the

46:55things you're going to ask

46:57just try to study and keep up with the

47:00pace that I'm going to put you through

47:01which isn't going to be all that bad

47:04but as we progress deeper into the

47:07teachings many of the questions that are

47:09going to come up or when you start going

47:11into the homework assignment where

47:13you're looking at old data an intraday

47:15chart is anything less than a daily

47:16chart so like a 4H hour chart that's

47:17intraday 1 hour chart that's intraday 5

47:20minute 3 minute 2 minute 1 minute all

47:22those time frames are intraday what

47:25you're going to be looking for are

47:27breaks in Market structure after a pool

47:28of liquidity okay buy stops or sell

47:30stops have been taken in an opposing

47:34direction of your weekly expected range

47:38in other words are you expecting higher

47:39prices or lower prices on the weekly

47:40range so if you're looking for lower

47:42prices your focus is on a run above an

47:45old high once that forms then you're

47:48looking for a break- in Market structure

47:49on a lower time frame once that occurs

47:52and you have an imbalance that's your

47:54trigger okay and then you split that

47:57range that was created find out where

47:59the 50% is and then if you're selling

48:02short you want to find something like an

48:04old low or an imbalance to aim for as

48:07your Target and you want to get the

48:09closest Target don't try to get fancy

48:12and say okay well I think it's going to

48:13go down to that lowest low and try to

48:15use that for your exit because sometimes

48:17these markets can deny you that so lwh

48:21hanging fruit is how I teach you want to

48:23have the easiest Target and then allow

48:25the market to

48:27go farther and you just not be a part of

48:29it it's okay is is 125 130 Handles in an

48:33index not good

48:35enough I think it's good enough but I'm

48:38probably just biased but the homework

48:40assignment is again you going through

48:42the charts using the logic I framed in

48:44this introduction lesson looking for

48:47Breakin Market structure I also have

48:48lessons in this YouTube channel that

48:49talks about Market structure breaks and

48:51things like that and then you're going

48:53to look for the imbalance in price which

48:54is that fair value cap then you're going

48:57to determine where an opposing high or

49:00low resides than log and back test the

49:02number of handles you see in hindsight

49:04examples and other words how much did it

49:06offer and you're going to get a

49:08collection of doing that the next lesson

49:10I'm actually going to show you how to go

49:11back into the charts and look for them

49:14how to log them in your journal and give

49:18you more insights about how you can find

49:19these setups that repeat every single

49:21week okay so again I'm going to build on

49:24this foundation in the next episode The

49:25Next Episode will will be next Tuesday

49:27and the time upload will be 10:00 New

49:30York local time hopefully you've enjoyed

49:32this one until I'll talk to you next

49:33time I wish you good luck and good

49:34training