Speaker A
Today we're going to be talking about picking the right levels. This is without a doubt the single most important concept in the entire way I trade. You need to understand this.
Learn how to pick high time frame levels for trading using a mechanical, rule-based approach from monthly down to daily charts.
Key Takeaways
- Start marking levels from the highest time frame down to lower time frames.
- Do not use lower time frame levels that overlap with higher time frame levels.
- Focus on key level types like order blocks and fair value gaps near current price action.
- The approach is fully mechanical with no subjectivity, ensuring consistency.
- Joining the Discord provides free access to daily levels and further education.
Summary
- The video explains the importance of selecting the right trading levels as the foundation of the presenter's strategy.
- The method is mechanical and rule-based, removing subjectivity and discretion from level picking.
- Levels are marked starting from the highest time frame (monthly) down to weekly and daily charts, rarely going lower.
- If a lower time frame level overlaps a higher time frame level, the lower time frame level is discarded.
- The presenter uses specific types of levels such as order blocks, fair value gaps, liquidity sweeps, and wicks.
- The focus is on levels closest to current price action rather than marking all historical levels.
- The presenter emphasizes watching prerequisite videos to understand the types of levels used.
- Daily levels are posted regularly in a free Discord community for ongoing support and education.
- Examples are shown using the S&P 500 futures chart to illustrate the level picking process.
- The video encourages joining the Discord for deeper engagement and answers to questions.
Chapters
- 00:00Introduction to Level Picking
- 01:05Prerequisites and Understanding Level Types
- 02:06Mechanical Approach to Level Picking
- 03:11Time Frames Used for Level Marking
- 04:23Rules for Using Levels and Overlaps
- 05:34Invitation to Join Discord Community
- 07:27Starting with Monthly Time Frame Example
- 08:47Importance of Mean Threshold and All-Time Highs
- 10:55Weekly Chart Level Marking and Wick Explanation
- 13:20Summary of Mechanical Rules and Final Advice
Full Transcript — Download SRT & Markdown
Speaker A
So watch this video fully through. Watch it again and watch it again. If you don't understand this video, you're just not going to be able to trade like me in no sense of the word. You have to understand this to a very high degree.
Speaker A
So watch this video fully through. Watch it again and watch it again. If you don't understand this video, you're just not going to be able to trade like me in no sense of the word. You have to understand this to a very high degree.
Speaker A
You're going to have to understand all the types of levels that I use to understand this video. And if you don't, then you're just not going to be able to follow this video all too well. So, if you have watched all those videos, what
Speaker A
So some prerequisites before you watch this video. You need to understand all the different types of levels that I trade with. So, go back on my YouTube channel, go into the boot camp playlist, and watch all the videos before this.
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We don't use every order block that shows up in the market. We don't use every liquidity sweep in the market either. So, what this video is going to be going over is exactly how I pick the levels that I use. And it is a more or
Speaker A
You're going to have to understand all the types of levels that I use to understand this video. And if you don't, then you're just not going to be able to follow this video all too well. So, if you have watched all those videos, what
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questions asked. So, you could describe the entire method in two words. So first and foremost, highest time frame down.
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you're going to be left with is an understanding of how to mark a whole ton of different types of levels. But, we don't use all of those, right? We don't use every fair value gap that shows up.
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So the time frames that I particularly use, I use a monthly, I use a weekly, I use a daily. And then once we get lower than that, typically I'm never marking levels on a lower time frame in the
Speaker A
We don't use every order block that shows up in the market. We don't use every liquidity sweep in the market either. So, what this video is going to be going over is exactly how I pick the levels that I use. And it is a more or
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time frame down, it means that we first start marking levels from a monthly chart, then we move on to a weekly, then we move on to a daily. In rare situations, we'll move down to a 4 hour, then a 1 hour, uh then a 15-minut, a
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less mechanical process. So, this is something that you could learn and after this video, you should be able to do this exactly how I do it every single time. There's no subjectivity. There's no discretion. This is how you do it. No
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all. So, let's say that you're looking at a daily chart and that there's a daily order block level inside of a monthly fair value gap. You're not using that daily order block because the monthly fair value gap overlaps that
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questions asked. So, you could describe the entire method in two words. So first and foremost, highest time frame down.
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that I've taught so far in this boot camp. So, again, you need to go back and make yourself familiar with the levels that I use. So, before we begin, join the Discord. It's completely free. You do not have to pay to join the Discord.
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What does that mean? That means that we start marking levels from the highest time frame available and we move lower.
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channel that I'm in. I'll send long voice memos. I'm I'm actually putting effort into answering people's questions in a deeper way. So, join the Discord.
Speaker A
So the time frames that I particularly use, I use a monthly, I use a weekly, I use a daily. And then once we get lower than that, typically I'm never marking levels on a lower time frame in the
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in all of my trading. So, we're going to start here with ES or the S&P 500. One thing very important before we begin is whenever you're looking at a future chart, so which you should be anything with one exclamation mark at the end,
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daily chart. Now don't get it twisted. That doesn't mean I'm trading on a daily chart. I trade on a one-minute time frame and I scalp the market. But in general, all my levels are coming from the high time frame. And when I say high
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going to have the same levels as me and the technical analysis just isn't going to work the same. All righty. So, like I said before, we're going to start on the monthly time frame here. And looking at the S&P 500 on the monthly time frame,
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time frame down, it means that we first start marking levels from a monthly chart, then we move on to a weekly, then we move on to a daily. In rare situations, we'll move down to a 4 hour, then a 1 hour, then a 15-minute,
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Well, if this current month was to trade underneath this low at 540, that would make this current candle an order block, right? If price was to trade underneath here, this would be the order block. So, the levels inside of here are going to
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5-minute, and a 1 minute. But 95% of the time, you're going to be stopping at a daily chart. And then the second rule is if a level overlaps a higher time frame level, you're not going to use it at
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order block video on this channel that I just posted a couple days ago. Please do not watch this video unless you've watched all the other videos in the boot camp series so far. You're doing yourself a disservice. You're not going
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all. So, let's say that you're looking at a daily chart and that there's a daily order block level inside of a monthly fair value gap. You're not using that daily order block because the monthly fair value gap overlaps that
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the mean threshold of the ungainained order block becomes important on a monthly since this is pretty much all we have usually since we're pushing all-time highs. If we're looking at alltime highs, I'll also just mark the all-time high levels as well. It's not
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daily order block. So, you're not going to utilize it. And these are my two key rules for level picking and it's what makes this whole thing mechanical. And in terms of the exact levels that I'm looking for, I'm only using the levels
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here. We have order blocks way down here. Personally, when I'm marking high time frame levels, I'm looking for what's relatively next to price. I don't really care about marking up the entire chart forever. Um, that's simply because I redo these levels every single day.
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that I've taught so far in this boot camp. So, again, you need to go back and make yourself familiar with the levels that I use. So, before we begin, join the Discord. It's completely free. You do not have to pay to join the Discord.
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weekly chart. So, first and foremost on the weekly, we're going to have this weekly wick. Okay? So, remember how we mark out wicks? We want to mark all the levels inside the wick right here. And I personally make my weekly levels purple.
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You just click the link, join the Discord. I'm posting my levels for free every single day for everybody. I'm also doing high time frame, very in-depth details every single week. And then there's also a very active question
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using this wick? Well, go watch the wick video on this YouTube channel. You should know why, right? This wick is bigger than all the ones surrounding it and it's rejecting off of alltime highs.
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channel that I'm in. I'll send long voice memos. I'm actually putting effort into answering people's questions in a deeper way. So, join the Discord.
Speaker A
our new week opening gap. And this is all we have on the weekly. Now, you might be wondering, what about this big down candle as an order block? What about the mean threshold of this? We can't use any of those. Why? Because the
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There's no reason you wouldn't. It's literally free. Literally free. You don't have to pay a dollar to get into the Discord. So, go ahead and join it and let's get on to high time frame level picking. The most important thing
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inside of this weekly candle. I can't use the mean threshold of this. Why? Because the higher time frame level overlaps it. Now, one more thing that we have on the weekly chart here is this weekly volume imbalance right here,
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in all of my trading. So, we're going to start here with ES or the S&P 500. One thing very important before we begin is whenever you're looking at a future chart, so which you should be anything with one exclamation mark at the end,
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If the monthly was right here, then we couldn't use this weekly volume imbalance because the monthly level would be overlapping it. So, at this point, let's go ahead and drop down to the daily chart here. So, the first
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you need to go down into the bottom right corner here, make sure that B adjust is toggled on and make sure that set is turned off. Those are key important things that you need to have set right. If you don't, you're not
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overlaps this daily overlap. It's just it's on its own. No high time frame level cuts through the range where you would mark this daily overlap level. So, you can indeed use this daily overlap level right here. Now, you can't use the
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going to have the same levels as me and the technical analysis just isn't going to work the same. All righty. So, like I said before, we're going to start on the monthly time frame here. And looking at the S&P 500 on the monthly time frame,
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We have a higher time frame weekly wick cutting through the range of that daily volume imbalance. So, no, you cannot use that daily volume imbalance. You can't use any of these wicks on the daily. You can't use this daily order block. None
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it looks like that we don't really have anything, but we definitely do. Okay, so this candle right here is a potential order block. So, what does that mean?
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the inversion wick of this range. Again, the reason you could use this is because no high time frame level overlaps it.
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Well, if this current month was to trade underneath this low at 540, that would make this current candle an order block, right? If price was to trade underneath here, this would be the order block. So, the levels inside of here are going to
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Now, you'd think that we can't use this daily fair value gap because the higher time frame weekly is inside the range where you would mark that uh fair value gap, right? We would mark the fair value gap like this, including the volume
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be useful. In specific, the mean threshold of this ungained order block is going to be a useful level. If you don't know why this will be a useful level before it's gained, then you didn't do the prerequisite. Go watch the
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time frame levels that have it overlapping it. So we So we can indeed have this new week opening gap overlapping this daily and still use this daily. And with that being said, we also have the levels inside of this
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order block video on this channel that I just posted a couple days ago. Please do not watch this video unless you've watched all the other videos in the boot camp series so far. You're doing yourself a disservice. You're not going
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Now you could keep going. You could go to a 4 hour chart and try to find specific things on a 4 hour like here you would have this wick or maybe you could go find, you know, an order block
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to understand why I'm using these levels. So again, we know that this is going to be an important level. If we get under this on a low time frame and we hold, that's likely to regain the high frame order block on the monthly. So
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anymore. I would just keep it at what it's at. I wouldn't go down in lower time frames. What you'll notice is that price action almost always just bounces around these high time frame levels that you'll mark. And that's just how it
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the mean threshold of the ungained order block becomes important on a monthly since this is pretty much all we have usually since we're pushing all-time highs. If we're looking at all-time highs, I'll also just mark the all-time high levels as well. It's not
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for the sake of filling up that gap. A lack of levels is also incredibly useful because where there's a lack of high time frame levels, that's where your highly likelihood expansions rate uh expansion ranges occur. All righty. So,
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that this has anything to do. It's not a high time frame level. It's just this is the new all-time highs that we could get into. So, there's nothing else here, right? We have a fair value gap way down
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fair value gap right here. The reason I would still be looking at this is just in case price action was to plan uh slam down and trade into it. If we got more close to it, like if I go on to a daily
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here. We have order blocks way down here. Personally, when I'm marking high time frame levels, I'm looking for what's relatively next to price. I don't really care about marking up the entire chart forever. That's simply because I redo these levels every single day.
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If we got closer to it, I would also look at the levels inside of the three levels inside of that monthly as well.
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So, I'm looking for what's the closest to price action. And again, we're going to spend a little bit more time on ES, but we're going to go pretty quickly through the other ones. So, pay attention. Now, we drop down to the
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So, I would look at this inversion fair value gap. The levels inside of this inversion fair value gap is more important than the levels inside of that wick because that wick was coming out of this inversion fair value gap. So, this
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weekly chart. So, first and foremost on the weekly, we're going to have this weekly wick. Okay? So, remember how we mark out wicks? We want to mark all the levels inside the wick right here. And I personally make my weekly levels purple.
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uh to not gain this order block again because this is the new highest up close candle in the range. If this week's candle fell all the way down and came back up, this would be the monthly order block in that new range uh to sell us
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And I would do that as well. Every single time frame I would make a different color just because then it's a lot easier to kind of understand what you're looking at. We have the three levels inside of this wick. Why are we
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new highs. Now, I would also mark the actual order block in this new range.
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using this wick? Well, go watch the wick video on this YouTube channel. You should know why, right? This wick is bigger than all the ones surrounding it and it's rejecting off of all-time highs.
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Now, to be clear, there's a chance, especially when there's a lot of price action on a higher time frame, that you could miss something um and there's stuff higher, right? Like we'd be using this order block in the range still
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We would use this wick and the levels inside of it. Then we also have the new week opening gap. So from the close of last week to the open of this week, we have a gap here. And this is going to be
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but if you were swing trading, you should also be noting the liquidity sweeps and things of that nature as well. But as far as recent price action goes on a higher time frame, this is all I'd be looking at here. Then we could
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our new week opening gap. And this is all we have on the weekly. Now, you might be wondering, what about this big down candle as an order block? What about the mean threshold of this? We can't use any of those. Why? Because the
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here. Then we have the levels inside of those right here. Now, we actually can use the three levels inside of this weekly wick way back here. And the reason that we can use these three levels is because although this monthly
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higher time frame, this monthly level, it overlaps the order block. Okay, this monthly level overlaps the weekly order block. So, I am not going to be using this weekly order block at all. Same thing here. I can't use any levels
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And then also we have this weekly volume imbalance that happened. If we bring it over, it got turned inversion. Right now it is inversion. So, we could be utilizing these levels as well here on the weekly chart. Now, there's nothing
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inside of this weekly cand...
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overlapping it. You do indeed have um well, you would have this daily fair value gap, but there's a volume imbalance, and if you include the volume imbalance, the higher time frame weekly overlaps it. So you don't want to use
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this. Uh the things that you can use here on the daily is this daily volume imbalance way down here. And I would stay away from using this overlap level because the higher time frame overlaps it. So this is about all we have here on
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dollar index in terms of high time frame levels. So again, you're not going down to lower time frames looking for more and more that you could push here. This is your high time frame levels. This is what you're using based on those
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mechanical rules that I have. These are the levels and you need to be using the right levels. Otherwise, your setups aren't it's not going to be the same.
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Projected defined ranges aren't going to work. Um like the whole setups aren't going to work as good. Nothing is going to work as good if you're not using the right and the correct high time frame levels. So, it is essential that you're
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using the right high time frame levels. Before we get on to the next chart, I just wanted to give you another reminder that this Discord is completely free.
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Join it. There's no reason you shouldn't. Active question channel. I put my levels every single day before the market open in here for free for everybody. I do high time frame, very detailed breakdowns for everybody for free. In fact, right after this video,
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I'm going to write up mine. And there's just a community of people in here who are all like you, all on the same thing, and all trying to learn. So, without further ado, let's get back to the next
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chart. But just consider joining the Discord. So, let's get on to Bitcoin here. And as you can see, Bitcoin is trending like crazy, by the way. Crazy that Bitcoin is sitting at $110,000 right now. Uh it's pretty wicked to
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think that just a little bit ago we were down at 35K. So on this chart on the monthly, what do we have? First and foremost, we have this big monthly fair value gap that we can use right here. Uh
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the reason that we could use this is this is just the main kind of thing that's trying to hold price up right now on Bitcoin. there's a giant monthly fair value gap in very trendy markets like this as well. I would like to see the
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old high that we're just coming back up above. This will become a port an important level for me because again if this is a liquidity sweep just like in the liquidity video uh staying underneath here could break the trend.
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So watching this level becomes quite important for the market because this up candle in July was traded underneath that means this order block is gained. So the levels inside of this order block become quite important in terms of levels that we could use on
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Bitcoin here. And then beyond that, we could also use the levels inside of this top wick. All three of them right here.
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The reason that we could use those levels is because uh this is the wick that's holding down the majority of price action up at the top. So we could use those levels in the chart as well.
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Now, we would also be able to use the levels inside this monthly order block down here and things of that nature as well. But because we're closer to all this other price action, this is going to be the monthly
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levels that I focus on here. So, now let's drop down to the weekly chart. And this is quite messy, I will say. Uh, but first and foremost, we have the weekly new week opening gap that got created last week's close to this week's open.
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And we are also going to be able to use this weekly overlap level right here.
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Why? Because it doesn't overlap a higher time frame level. A lot of times when there's a lot of candles like this, it gets really messy. Even I will miss levels in price action like this because it's so messy. It's so nasty. A rule of
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thumb that you should live by is if you're not convinced on a level, if you're iffy on a level, don't mark it.
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Okay? Prefer to have less levels than more levels. Less levels will always be better than more levels. And then we could also use the levels inside of this weekly wick right here. The reason that we could use the levels inside of this
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weekly wick is because again higher time frame does not overlap this wick at all.
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So we could use the levels inside that weekly wick here. Now let's go ahead and drop down to the daily chart. And pretty much all we have here on the daily chart is this daily order uh daily overlap
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right here. This is pretty much the only level that we have here on the daily chart. And that's it. Right? These are your high time frame levels here on Bitcoin. And again, you wouldn't go down into lower time frames and try to create
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more. These are your high time frame levels in terms of the strategy if you want to follow me. So, I think at this point you guys get it. This video is getting pretty long. I would I would do
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more and more examples, but if you want more examples from me, again, I mark my high time frame levels every single day in the Discord, the completely free Discord. Join the free Discord. I know I'm spamming it, but I'm
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trying to create a community there and it's completely free. That's where a lot of like supplemental educational content is going to be. Um, so if you're watching this boot camp, joining the Discord, more or less mandatory because that's going to be where the
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supplemental education is going to be. And I post my daily levels every single day and I do high time frame breakdowns every single week. So, this is how I mark my high time frame levels. This is the set of rules that I follow to do it.
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You have to follow these rules. Watch this video over and over again. practice on a lot of different assets. You could go through and um practice on a ton of different futures. Heating oil, natural gas, lean hogs, um corn, copper, gold,
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Ethereum, crude oil, everything. Practice on everything you possibly can. Um make sure that they're futures. Make sure you have B adjust turned on and set turned off. And yeah, this is how I mark out time levels. Absolutely critical.
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the single most important thing in my entire trading.
Topics:high time frame tradinglevel pickingorder blocksfair value gapsS&P 500 futurestechnical analysistrading strategyWyld Willtrading educationmechanical trading
