Speaker A
All right, folks, welcome back. This lesson, I'm going to talk about the idea of multiple setups inside of the trading sessions. So there's a morning session and there's a PM session when you're working with the New York index futures.
Learn how to identify multiple trading setups within New York index futures sessions using price action, order blocks, and liquidity concepts.
Ask about this video. Answers come from its transcript only — with the timestamp, so you can check them.
Generated from the transcript and can be wrong — check the timestamp.
Key Takeaways
- Multiple setups can be found within both morning and PM trading sessions in New York futures.
- Order blocks and liquidity zones are critical for identifying high-probability trade areas.
- Opening prices at midnight and 8:30 AM are key reference points for session-based analysis.
- Trading involves probabilities, not certainties, so risk management is essential.
- Using multiple timeframes and frameworks like the Power Three improves trade decision-making.
What the video covers
- The video explains the concept of multiple trading setups within the morning and PM sessions of New York index futures.
- It covers how to analyze the S&P futures mini contract using swing highs, relative equal highs/lows, and order blocks.
- The presenter discusses the importance of identifying bullish order blocks and sell-side liquidity for trade opportunities.
- The concept of market manipulation, including Judas swings and market protraction, is explained to anticipate price moves.
- The video emphasizes the significance of opening prices at midnight and 8:30 AM New York time for session analysis.
- It introduces the Power Three framework: accumulation, manipulation, and distribution phases in price action.
- The use of multiple timeframes, including hourly and 15-minute charts, helps refine entry and exit points.
- Risk management and the probabilistic nature of trading setups are highlighted, stressing the need for stop losses.
- The video also touches on how to project price targets using swing lows and fair value gaps (imbalances).
- Viewers are encouraged to study the concepts repeatedly to recognize recurring patterns and improve trading skills.
Chapters
- 00:00Introduction to Multiple Trading Setups in Sessions
- 03:28Hourly Chart Analysis of S&P Futures June 2022
- 06:27Price Targets and Bullish Order Blocks Explained
- 09:13Opening Prices and Market Manipulation Concepts
- 12:17Using Multiple Timeframes for Trade Confirmation
- 21:36Risk Management and Probabilistic Trading
- 25:18Summary and Encouragement for Continued Study
Full Transcript — Download SRT & Markdown
Speaker A
If you look at the market in terms of a split day, the New York lunch hour between noon and 1 o'clock PM New York local time, 8:30 in the morning to noon, that's essentially the morning session. There can be multiple setups inside of
Speaker A
that. Now, some of the things I've noticed in the comment sections of the videos, some viewers and students are asking, what do I mean by multiple setups? Like, what does it look like? And I kind of want to touch a little bit
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on that tonight. Also, I want to give you a little bit more perspective on how you can look for additional ways of trading what it is I'm sharing here. If we look at the S&P futures mini contract for June 2022,
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you can see we recently traded up above the relative equal highs. So buy stops and buy side liquidity were resting right above here. So as the market drove above that, we always have the likelihood of seeing it continue going higher.
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But whenever it goes above relative equal highs and then we get a swing high like this, that being the high here, lower than the higher candle here, and the next candle after this candle, it has a lower high as well. So it's
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a swing high, not to be confused with a fractal that's used like an MT4. Okay, that is not what I'm talking about. Okay, that takes more candles to make it, and by then, five candles later, it's just you've already missed the move.
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So swing high here, since this candle closes the next day, I'm looking for something to create an opportunity to go short. So we could be anticipating an open here, rally power three, which is what I already taught on the YouTube channel,
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the accumulation, manipulation, distribution, and then incorporating the next level of analysis, which is understanding whether we're going to be in a premium or discount market. Now, obviously, we're on a premium market. We're above old highs here. We really
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stretched out on the outside from this high. If we start to go lower, this down close candle is your bullish order block. Okay, the idea of it trading into that down closed candle once it goes above these highs, that's favorable. That's something
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that could potentially happen. Now, obviously, I have the benefit of hindsight here, but I promise you if you study what I'm teaching you, you'll see this repeating. Okay, so the market does in fact trade down into this down closed candle. That is
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your bullish order block. But I want to go inside this particular day here, which is obviously Friday, and we're looking at the internals behind what it is I'm trying to teach you and how you can find multiple setups inside of each
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respective session, the morning session and the PM session. All right, so here is the hourly chart on the S&P futures mini contract for June 2022, and I kind of want to bring your mindset back into what we're
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looking for, and that is the power three. We're looking for an expansion move direction higher or lower. In this case, we're looking for it to go lower because we have the daily bullish order block level, that line here,
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level 4504. And look at the lay of the land. Okay, what is it that we see also in the price action? Well, go to the left, you can see we have relative equal lows. We have this low
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and we have this low here. So they're relatively equal, not exactly. That's why I named them relatively equal lows. The idea of liquidity resting below here by itself without the order block is likely, but it's further likely if we have a discount area, which is
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that bullish order block on the daily chart. So we have multiple factors here leading to the likelihood of this area being probed for the purpose of pairing liquidity, the sell stops basically being raided. Initially, in the morning, we were seeing
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the market trade higher, higher, higher, higher, and then we broke lower, attacking the sell side liquidity here and then aggressively running into the daily bullish order block. I want you to take a look at this framework from this high down this low
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and this being a fulcrum point, that being if this high trades to this low and we break this low, how far can we go down? I'm going to touch on that in the next slide, but for right now,
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I want you to think about how the opening price, what's the opening price? Well, there's two. If you're trading index futures, the opening price is midnight at New York time, and that's this candle here. That's the opening price here. And then there's
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another opening price at 8:30 in the morning, the opening price in the candle that begins 8:30. It doesn't matter what candle you use. I see a lot of questions popping up about that, like what's the opening price and what
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can we use? As soon as you have 8:30 beginning a new candle, it could be a one-minute candle, it could be a three-minute candle, an hourly candle, 15-minute candle, whatever that opening price is, that's
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what you want to note at 8:30. So if you're bearish, ideally you want to see the market trade above that opening price. This is going to be manipulation. Okay, the manipulation is the running above a key level when we are bearish. We're
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expecting this to go lower. All of this is basically market protraction where it's a Judas swing. Okay, the market's going in the opposing direction that it's likely to go to later in the day. So later in the day, we
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expect this to go lower. Where is it going to go? Below this low. If it accelerates below this low, where could it go? Below here. Okay, then we have the bullish order block on the daily chart, so we
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have a lot of things coming together that draw on a great deal of probabilities. Now, probabilities are not absolute guarantees. Okay, that's not the case in trading. If that was the case, I would never take a losing trade. You would
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never take a losing trade. We wouldn't need your stop losses and be great. But unfortunately, we have to contend with risk. That being the case, we have to at least build the idea around the likelihood of a scenario unfolding but
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being prepared if it doesn't. So if this market is opening here at midnight and it starts to rally, we can anticipate this selling off. But if it can sell off from here and trade below this low, how much further can it go below these
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relative equal lows? Obviously, we have the daily bullish order block level here, right here. Now, let me take you back up real quick. That's this level here, the opening price on this down close candle. That's the order block.
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Extending that line out in time, you end up with this on the hourly chart. So we drop down into that level and look at the reaction there. It's nice, isn't it? So going below this low, that's the initial
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target, then reaching below the relative equal lows over here because that's where sell-side liquidity is going to be residing, then tapping into that bullish order block on the daily chart. But how much further can we go below
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that level? How far beyond the actual order block level can we go? Well, I'm going to zoom in on a 15-minute time frame. I've already taught this in other lectures, but I want to revisit it here because this is what you're looking for when
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you're doing your analysis. When everything starts to show a willingness to want to go lower, how do we know it's going to go lower? Well, we have the swing low here decisively broken. See that? This low broken hard,
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then we trade back up into the imbalance here, so the fair value gap. We trade up into it here. At this point, we anticipate the candles past this or the new forming candles to trade lower and trade below this low. And
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if it does go below this low, we're looking at this price point here, that low as a fulcrum point, that being measuring this high down to that low, that same measurement of distance, and we expect that projected lower.
Speaker A
Okay, so this is my swing trading model, and I'm applying it to targeting. So the way you do it is you take your Fibonacci, and you anchor it to the highest body. It could be open or close. It
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doesn't make a difference, but you...
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with the bodies of the candles the first time i taught this on youtube i had a lot of folks scratching their head and many trolls saying he doesn't even know how to use a fib i'm showing you how the algorithm is
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going to read the price okay the wicks and the tails are all distractions that's all going to be largely attributed to what the if you're especially if you're trading with 4x and obviously i'm aware that this is not 4x but
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i learned this through the models that i employ with forex now it's a carryover in terms of analysis because you can apply it here as well it wasn't always like this when there was open outcry only and there was no electronic trading this
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wasn't as pure as you're going to see and has it's been shown in the past by me in other videos and examples but by having a measurement from the highest body in this swing up in this swing low
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the lowest body that means the lowest open or closed okay i'm anchoring the fib on that the settings on the fibonacci i have included here and these are the ones that's highlighted for this illustration so below this low we're
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looking for it to run into sell side so if it goes below this low and aggressively expands lower this could be your next target 45 14 and a half if it goes below this one we can anticipate it trading down to
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what 45 0 1 and a quarter now the question you're going to probably have in your mind is okay this is all fine and great but how do we know which one to pick ict if you put a
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thousand lines on your chart ict eventually they're gonna somebody's gonna see one of those levels get hit and then you're gonna make a video and say see how smart i am i've seen all of your arguments i've seen that kind of stuff tossed around in
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the forums and such so if we look at the idea that that 45 04 and a quarter is just below what level that daily bullish order block at 4504 well at 4504 and we're getting a measurement down here
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that means we could see it trade down to that level here now if you look up here at this level right there that low is exactly the candles low right there don't take my word for it go over to
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trading view pull up the june contract for 2022 e-mini s p that is your daily low you can't predict daily highs and lows ict that's impossible well it is possible if you understand the elements that these algorithms operate
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under and my question to you is can you get any better than that is there any other measurement in terms of precision that gets you any closer to forty five zero one and a quarter not when the low is forty five
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zero one and a quarter look at the reaction there now the order block level is just right here but it stabs down into what the algorithm is going to measure so there's the order block it wants to go down to it anyway there's relative
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equal lows it knows there's liquidity down there and you have the measurement so the precision element is only going to be beneficial if you have all the other narrative incorporated with your analysis that being the market's likely to go lower
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because we ran out those relative equal highs on the daily chart we created this swing high we broke lower aggressively we're likely to trade in that daily bullish order block then we have this retracement here it completely closes in all the
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imbalance that's between this low and this high of that candle it rebalanced all that and then we roll over here's that gap i mentioned trades up into that we anticipate what the candles after this candle closes we want to see acceleration to the
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downside we get it the market starts working lower lower and finally right on a dime that candle is that low and that's your swing projection i teach in this youtube channel you will not get that measurement if you use this swing high in that swing
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low that's why everybody that uses fibonacci struggles oh fibonacci is a joke it's not a joke if you are doing the measurements correctly now these are just targets but they are more meaningful when you apply and layer other things in
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analysis like the purpose of running to liquidity below those relatively equal lows into a discount array which is the bullish daily order block when you bring that together you get these types of results which is perfection there's nothing better than
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this folks you cannot improve upon perfect all right so taking this a little bit further now we're into a 15 minute time frame the opening price again is this candle here which is midnight new york time the opening price
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that candle you extend that out in time if you're bearish and you are looking at your daily chart because the majority of your analysis should be framed on your daily chart where is it likely to go where is the
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expansion likely to take price higher or lower that's the main thing you're trying to look for because that's going to carve out your bias so if you know that the likelihood of price wanting to draw down this daily bullish
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order block and we have that level of 4501 and a quarter which is that candle's low we don't need to have that yet but we know that this is going to be a draw on liquidity because it's also
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below those relative equal lows that i mentioned when we're looking at the higher time frame chart so all of this here is a build up into the premium the market then breaks aggressively what does it create here what happened
Speaker A
here we had a displacement down did that take out that swing low yes does it trade up into that imbalance right here yes does it trade above the opening price yes how many boxes did we just check off
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there a whole lot probabilities are now going through the roof that this is bearish then the market breaks lower trades down to the old swing low sell side liquidity resting below there watch what happens we trade down through it
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and then we aggressively rebalance all this down move we come right back up into it bearish order block then sells off another wave into this short term low deeper below this low and into eventually into the lunch hour and passed it
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for the daily bullish order block now when you look at this type of price action you might not see that as an entry but it is taught to you in this mentorship on youtube that is the lesson right here
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because if you look back here we have these highs we trade above it does it break below it does does it give them a balance yes does it trade up in here on the 9 30 opening yes and then does it run where we want it to
Speaker A
liquidity and discount array in the form of a bullish order block yes but what other setups are here because i mentioned in my real money real results series where i was showing actual live account results and proving that these things make money
Speaker A
not just in demo and by the way i appreciate all the feedback i'm getting in the commentary section of each video in the comment section but i've read a lot of the questions about you know what do i mean by having no more than
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four trades two trades in the morning two trades in the afternoon what did i mean by that because i read one guy he was saying i can't even find you know four examples of this and i may not be
Speaker A
saying this correctly but you can't find that many examples of it forming over the course of a week let alone a few times in intraday so we're going to walk through today's price action and show it with clarity
Speaker A
all right so here's the opening price again on a five minute chart here's the 15 minute time frame fair value gap and the market trades right back up into it about the opening price that's what it would look like on a 5-minute chart
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notice it does not look clean like it does on the 15-minute timeframe let's go back up one more time see the gap here and that run right there at 9 30.
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that coupled with this time frame you probably wouldn't see that as a cell you would want to see this filled in but you got to look at the higher time frame the higher time frame 15 minute time frame is providing you the
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framework it's giving you context that okay this is all we need we don't need it to trade up into that it could but we don't need it to so when it trades up there then it starts to break down
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it rebalances breaks down again works into that short term low sells off again retracement sells off again in here this is your entry at the opening so in the morning session you typically have two to three setups because you have
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volatility coming in at the opening opening being 9 30 new york local time that can be very tricky if you're not really sure what you're doing you can get caught up in the initial volatility and offside real quick and it
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can run against you aggressively and hurt you i prefer to see my students look for the initial move to kind of like qualify what you're expected lower prices right so does it give it here yes it does so how can you
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participate in something like that and still have the bias behind you and have multiple setups that you can take well let's take a closer look on the lower time frame here's the one minute chart here's that return back up into the fair value gap
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in the 15 minute time frame and wasn't so clear with the five minute but now look what we have here small little imbalance there that fair value gap right above a short term high we trade up into that there
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on a one minute chart you would see that as a setup for the one minute chart before i go any further i want you to pause the video i know some of you don't like to do this because you just want to get through it
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you're watching the video at two times the speed because i talk slow this is the time when you want to stop slow down because you will cheat yourself out of learning this is the little moments like when i'm
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teaching my private group these are these opportunities if you waste them you do not learn the best way okay there's a good there's a good way of learning and there's the best way of learning and the best way is
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actually participating not just casually watching don't netflix binge watch ict this is where you stop the video ask your spouse or whatever this give you a couple minutes to focus undisturbed that way you can pull out the things i'm trying to show you in
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this lesson otherwise it's just another you know event where i'm talking about hindsight but what i'm showing you here is something that repeats every single day this is how i can go in every single day and take money out of the marketplace i
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took the live account up another thousand dollars today so we're over fifty one thousand dollars and these are the types of setups that you can do you can find these and you don't have to have the absolute perfect entry
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at the opening you don't need that okay that's the benefit of what i'm sharing here publicly i want you all to have the ability to feed yourself and your own family not to rely on a job if you look for these types of setups
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with this logic i am confident that you can do what i just said and those that really want to supercharge it can take it way beyond that competitions you know whatever but we have the logic here that's that
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old short term low all i did was extend the line out because it doesn't exist in the chart over here because i don't have enough of the data showing but that short term low that was a fulcrum point remember
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that's this low here so i'm referencing that zone that there's where the sell side liquidity is but i want you to pause the video and go through this price action and find the setups that you would see as a shorting
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opportunity if your bias was in line with what i'm suggesting here as it should have been being bearish okay i'm gonna continue the conversation if you are not ready you've missed your opportunity all right so the first fair value gap
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here right there because we have this short term low broken with the run lower so there's displacement there obvious displacement very energetic and we have this candle is high this candle is low and the market returns back up into it you can
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go short there and look for what's the first objective that fulcrum point that short term low aim for the liquidity so your target would be there so you could do like say you did two contracts entry here short here too you can take one off here
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let it ride and then see if you can get that lower time frame objective later in the day now i don't want to take entries during the lunch hour between noon and 1 o'clock but you can take profits if
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you're doing like a partial like you did one here i'm sorry if you did two short contracts here you took one off at your first target and you want to see if you can get the other objective if you have a
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limit order at the order block level plus you know a couple points it could feel during the lunch hour you don't need to be babysitting it being in front of it then because you've already funded your position and trade by taking
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one off them here off and moving your stop to break even and to see what it can yield in terms of the daily range next one is here another short term low taken fair value got there we trade back up
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into it that's a short you can go short here and again same premise looking for the first run below here that will be your target taken there if you did multiple contracts you would get short here take two take one
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off this might scare you not so much probably if you were short from up here but here could be a little bit intimidating but if you've taken one of the contracts off below here even if it were to come back up and take you out
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and stop you out the first contract allows you to be profitable so it kind of balances things out another one is here we have the imbalance here after we aggressively move lower and then retrace back up in this is why i'm
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saying that that previous short if i was short from here i wouldn't be worried about this one so much because your stop would be above here now it got close to it but i've been many trades over the years
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where it moved within a quarter of a point without stopping me out and you know it's it's a scary feeling especially you have a lot of size behind your positions at the time you're in the trade but it's still a little intimidating because
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if you completely fulfill your model and follow it in all the roles and you don't want to move your stop and you just allow the stock to be taken there's been many instances in my own trading where within a quarter point
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it doesn't stop me out it's not like 4x these markets a little bit more professional in the sense that they're much more precise and uniform in the delivery you don't get these wild erratic little spikes and spreading you know of the
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price action because everybody's working with the same price here versus in forex you're trading within a pool of liquidity within your broker's in-house and they have a little bit of luxury there where they can they can open that
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spread on you and that's why it's a little bit trickier to operate in that versus something like this market here it doesn't mean i don't love forex still i do but right now forex is just quiet it's not doing
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things that i would promote in my students attention i'm telling all my students both in my private group and you all hear that this is the markets that you should be following these these markets right here the index
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features i'm sure there'll be a time when we transition from index features back to forex but until i see them loosen up a little bit in the currencies my attention is here okay so anyway getting short here this is a shallow run below that old low
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so we anticipate it to run a little bit deeper and it does okay so you could take profits below this low here as a partial and then you've seen now obviously multiple opportunities within the same morning session so it's also showing you how if you miss
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your entry how can you get back in line with the marketplace and still participate in these moves now there are going to be days where we don't have this many retracements back and back and back and then goes lower
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it'll be just one or two and it just keeps on going or many times it'll be just right at the opening and that's it you missed it it just goes right to where you thought it was gonna go for
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the day and you can't get mad about that you should be happy that your analysis concepts are speaking to you with that much clarity and just know that because they repeat none of you should be upset that you
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missed the trade like none of you nobody has the permission okay you have no right to be angry about missing a trade because they are like buses okay mass transit buses that come by like a schedule you know every certain
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time of the hour a day these buses are going to come around these trades are just like that you can set your clock to them okay they're they're gonna form they're gonna be there your number one goal is to understand
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where is it likely to go to where is it likely to reach for if you have that understood it becomes so easy to know what you're looking for notice what i said there it becomes easy to know what you are
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looking for i did not say it's so easy for you to make money there's a strong contrast there okay but by default over time once you have been doing the things that lead to you understanding what is you're looking for
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and that part becomes easier what do you think the default result was going to be from that it's probably going to be easier for you to make money over time okay so i'm keeping things in balance that we understand what i'm saying
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without sugarcoating it and making it sound like anybody can walk in here and do this it's gonna take some effort now you're probably looking at that pink rectangle asking yourself what the heck is that well that is the pm session by side liquidity
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pool what does that mean this high here was the most energetic one in the morning session it took us all the way down to what target we were looking for the daily bullish order block because it's friday because it hit the
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daily time frame objective it's in a discount market it's really traded lower end of week there's going to be a retracement back into the weekly range what can it aim for well you can aim for the liquidity resting right here because
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a lot of people are going to say well you know this is the place where my stop should be at because i want to hold on to this thing over the weekend now i don't know who has the
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courage to do that anymore with all the things going on around the world i personally don't have the courage to hold over the weekend it's just too many things can go wrong i'm not sitting in a potential opportunity where it's a
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thousand point gap against me you know we start trading on sunday no thank you i'll pass on that but this area here is where you would anticipate on fridays where liquidity could be a draw because it's going to likely pull back up into
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a premium what does that mean here's 8 30. here's the turning point at the 9 30 rotation so this high or we could use this high here it doesn't make a difference but i'm going to use this one because we're
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framing the logic because this day being bearish so this high down to the target if you put a fibonacci on this low to high and find the 50 level this is above 50 so that means above here that's
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a premium so the market's going to move from what a discount to a premium that's what the market does that's the algorithm does it seeks discount to premium premium to discount within that logic the market is reaching for liquidity in
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the form of buy stops and sell stops and or imbalances or the creation of an imbalance fair value gaps or returning back to a fair value gap okay that's all these algorithms do and they do it on the basis of time
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then price now that's a gross oversimplification by me but by far and large that's all these things do it's not your buying and selling pressure okay it's not the effects of the dom okay uh i got a lot of people asking me
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because they watched me show things in my live account and they think i traded with the dom i don't trade with the don okay i'm not looking at the dom trying to read how many orders are resting above or below
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because there's spoofing that goes on and those orders may not be there when the price goes there so i i don't think that the dom is something that is useful i'm only throwing that in here because i saw a lot of people in the comments
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asking about those types of things and i don't use them i don't use them in my trading and i don't think there's anything in terms of advantage in using it if you believe you're being profitable because you are don't let my comment
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change your mind and i'm not trying to open up a dialogue for debate because you're never going to convince me okay so you're okay if you're using it but i'm answering students or viewers and that's my opinion okay so i'm not trying to
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begin a debate about it okay so we have a pm session by celebrity pool that the market could likely reach up into and again the logic is we move from this high down to a target it's friday there's probably going to be
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position squaring they're going to want to take the market back higher so what are they going to reach for as an opposing move notice what i'm saying here this was the target there's gonna be short covering who's short coloring the smart money that's
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sold short here here here here here and here so if they're covering a short are they bearish still no so if they're not bearish what are they bullish so if they're going to be smart money and buy down here
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or if they're going to use this imbalance in here if it trades down into that you can see it run higher if they're going to buy it what are they going to target the buy stops up here and they're going to sell right to those
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buy stops they're buying this and selling it to these waiting buyers and their buy stops notice these relative equal lows they take it into the order block right below those relative equal lows because it sells what it sells the retail crowd that this was
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support broken what are they going to want to do when it trades back up into these relative equal lows they're going to do what sell right that creates more liquidity for buying so this is engineering buy side liquidity
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on the basis of sell side flow sellers coming in the marketplace these sellers they're going to have a counterparty in the form of smart money buying it they want to sell short because they see relative equal lows breaking the trends
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been down everything looks bearish to them because it's been going down all day long so they think naturally it's going to keep going down when it's only traded down to where the algorithm says this is what we wanted and now we're
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going to reprice higher we're going to move from a discount to a premium the premium intraday is going to be this area here and that's going to be where the market draws to for the afternoon session buy side
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liquidity all right i was going to do the pause the video type thing here but this is going to be a long video so i'm just going to go right into it all right so we have a mitigation block
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here and i teach that in the youtube channel but we have market structure breaking we come back down into the mitigation block and we also have the imbalance here they got there so we can be a buyer here
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and remember the 45 32 the 45 40 level go back up to this chart here right in here so this high right here to here think about those price ranges we trade up into it here so buying here and aiming for that
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liquidity up here that would be your target from buying to getting out there selling to those waiting buy stops the next one is here the market trades down in and i count you to go into your chart i
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left this out for your own personal study but if you look to the left go over here you'll see an old high okay old highs are a discount array if we trade above an old high that old high becomes a discount
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array this is where not all the time but this is where old highs being broken become support that's why sometimes the books have it right that's why sometimes your analysis will be right about specific key highs and lows but notice they're not always
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consistent and that's the problem so you want to know what makes a old high or an old low real supportive resistance when you have the logic when i'm framing here because we know the likelihood of the market's going to draw up into this area
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here because that's where the buy stops are resting above the marketplace when it hit the order block down here so what we're saying is the market's going to bounce from here up into this vicinity here so if the market comes back down in and
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touches it could have touched this high here but there's an old height to the left over here you'll see it it trades down and hits that and it also fills in an imbalance when you have that old highs
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broken will act as support so there's something for your notes then we have the run up into that area so it's not a bad little run now once we get up into that shaded pink area what have we done we fulfilled by side
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liquidity in this area here but we have a little bit more later on which obviously you can see it runs too but but here we see it do a run lower so we break below swing low market structure shifts is
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there any imbalances in here no but there is one right there see that here's your favorite value gap shift in market structure there retraces back up into the fair value gap you can be a seller there and aim for this low
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or the order block or you can wait for a confirmation entry which is we turn here after it hits that fair value gap breaks lower and then we have another break in the structure of the marketplace on the one-minute chart
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creates the imbalance here if everybody got trades up yes it overshoots it but we also have two fair value guys remember the rules i gave you if you have a fair value gap and a small one right above it anticipate it likely
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trading up into you but use this as your entry go short here and aim for the order block so if you have an understanding of how we're going to work within the intraday volatility using liquidity using the time of day
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using the day of week all these things come together and they make a really beautiful tapestry so you can read price action now i know there's a large number of you that are going to watch this and it's
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going to feel and seem like obviously anybody can go back in time and do these types of things but a lot of my trades when you see my examples and you see the things i record and show you they're using logic like
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this so it's not contrived it's not form-fitted it's not cherry-picked for the purpose of just being something to talk about this is what you're looking for and when you do your back testing i got a lot of questions in the comment
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section about this as well you go through your charts just like i'm doing here and you annotate them now in all these areas where there's empty space here or over here or over here you're putting in little notations and
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you're typing them out and yes it takes time yes it's tedious yes it takes a great deal of effort and desire but this stuff rewards that like it rewards it it's not like fantasy football where you know who cares if your team wins
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this pays you this is something that you can feed your family with okay if you need your expenses to be reduced and you don't want to get on a job or you're you know you take a pay cut maybe you
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had a you know job loss or whatever this skill set can fortify any weak links in your financial chain okay you want to build strength in your ability to make income and build legacy wealth it's worthwhile for you to spend time
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learning this and that means going back through old charts and old moves and literally going in and annotating the moves like this and mapping them out and seeing the logic that's there now do not be afraid that you're going to do it wrong
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all of you are going to be doing it wrong in the beginning this is a skill set in back testing you're trying to discover okay you're not trying to do things correctly in back testing back testing is you in a mode of
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discovery that proves efficacy if you can't see things repeating then you got to go back into the core content lessons of this youtube channel and figured out what it is i'm teaching conceptually then once you understand better what it
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is i'm showing you then you go back into the old data and look for those very things occurring then highlight the things in your chart that makes the most sense to you over time doing it and frankly you should be doing this
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at least a minimum of a year okay make it a practice of doing all that even when you start trading with live funds your trade journal should always have annotations you should always have charts saved and just constantly referring to what you
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witnessed in price and record it like you saw it happening and knew it was going to happen in advance that's called self-talk okay you're literally tricking your brain into seeing your annotations as something that you foreseen coming and that way when you go back and you
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read your journal and you study it on the weekends or you know whenever you go through a period of drawdown and you need encouragement you go back to your charts in your journal and you'll see annotations that you wrote out yourself
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and it tricks your brain believing that you've seen that all along now what happens by doing that over time is you have created creases in your brain where that knowledge and that pseudo experience has been retained but your brain remembers it as what
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a real experience that you endured but you're recording it with positive reinforcement in your commentary never put negative comments in your annotation don't say like oh i was stupid i missed this oh i'm so dumb i fell victim to the
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shark pattern you don't do all that kind of stuff you don't have to worry about swimming with sharks you don't have to worry about animal patterns you don't need to be worried about any of those types of things all you're looking for
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is liquidity imbalances time of day that's it that's it that's all this game is all about okay the algorithm is not going to try to follow some retail logic stuff it's based on where is the money where's the money who's the most
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easy prey right now and where is the majority of the money and that's where it's going to run for that's all it's going to do and if you strip everything you think you know about the markets away and just
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give me a a couple months stay with me for a couple months here and i promise you you will put everything else down and see it like this because this is the truth this is the perfect understanding of what makes
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these markets book that means what makes them go up and down where they turn why they go where they go why are they moving when they move and why are they arriving when they arriving at that price point
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it's all algorithmic and it has absolutely nothing to do with ratios it has nothing to do with anything harmonic nothing supply and demand zone nothing to do with elliott wave nothing to do with white golf nothing to do with gan
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none of that stuff has anything to do with it i literally have just explained exactly what these markets do that's it there's nothing else that happens the buying and selling pressure it's a myth because these markets are going to go higher regardless of how
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many contracts come in if they want this thing to go up here it doesn't require millions of contracts to put it there it doesn't how many contracts does it take for this candle to move from that opening price
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to that closing price tell me how many cam how many contracts does it take for that to happen it only needs two two transactions two transactions one here and when it gaps up here and reprices to that price point
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and it offers it to the market that price and someone comes in with a market order what happens boom it's it the candle has been created two trades how many contracts it doesn't make a difference you only need a
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transaction what yeah folks listen you can sit down and listen to these videos i'm producing and coming with the preconceived notion that everything i'm saying is nonsense it's not true and it's not valid because you don't want it to be
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all i'm asking you to do is put everything you think you understand put it aside for a moment just for a little while and go in and do the things i'm telling you to do i guarantee you you will absolutely fall in love with
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this because this is consistency this is consistency that you have always hoped for but everything else just falls short in delivering it and you're getting it for free and i'm loving it while giving it to you because i know
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and you're all going to see it when all these little light bulbs come on and all the people watching these videos and folks this channel is growing it's growing and this train's going to keep on rolling yeah this community is getting bigger and
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bigger because it's infectious results matter proof matters and when students go into this and they see the results man it's sweet isn't it isn't it sweet when you see the truth finally just laid out in front of you
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there's no trickery here there's no twisting of your arm give me your credit card payment you don't you don't have to blow any kisses to me okay i don't need flowers i just want you to make a real
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effort and then tell me what your results are what did you get from it i promise you i'm promising you you will find what you're looking for but you got to put the work into it because if you
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don't put the work into it it won't matter because you'll just think it's too much work and i'm telling you it only feels like a lot of work in the beginning but once you understand what you're looking for
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like this setup here that might be your particular setup and this up here isn't your setup this might be your setup here because it's based on that old highlights you'll find if you scroll back on your own chart that might be your setup and not
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this one down here that's what i'm referring to when i say when you find your unique model that means a setup that is so similar every time you take it it repeats the same general idea just in a different chart on a different
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day in a different time frame that's it that's all it is that's a that's your unique model you're learning how to do it with what i'm teaching you but where you're looking for it in what market and what
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narrative that you're looking for what makes that setup your particular setup that's a unique thing for you and that's the weird beautiful element to trading and the way these markets operate is it allows each and every one of us to have our own
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unique model we can all use the things i'm teaching and all fine setups within the same trading day and be opposed to every individual trade setup individually in other words we could all be doing something and not agree with
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any of it you took a short there i was long a little while before that or i went short and you went along somewhere else and you're ending a trade where i'm getting ready to put on a trade
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it's amazing but how you internalize the market what setup you're looking for there's lots of them and if you break this chart down into a 30 second chart or a 15 second chart there's even more setups everything's fractal
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so if you want to do high frequency trading you can do that with the second chart you may not be able to pull up second charts because you may not have the i guess the subscription level on trading view and i don't get any
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subscription kickbacks i'm not trying to get you to buy anything from tradingview i'm just stating that you can make this however you want and if you just want to stay on a 15-minute chart and trade a daily range
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okay there's no reason to do anything less than that but if you want to get busy and pyramid your positions that means like say you bought one down here or say you bought say about five down here and you bought three here and you bought
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two here and then you roll it up into your objective that's pyramiding your biggest position put on first then a smaller position on and then a smaller position and then that that's how you build up the equity and you get velocity in your equity
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growth that way versus buying one then buying two then buying forward and buying eight that that is reckless and i've done that and i've roasted accounts doing it so don't do that but hopefully this is at least got your
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gears turning about how you can go in and back test a little bit um how you can see multiple trade setups and how we can work with higher time frame pd arrays and the pd array matrix where it's discounted
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premium and premium to discount and how we use and incorporate all the different arrays where i'm sure someone new watching this your head's spinning right now you're like i have a thousand questions right now and i i need to know this no you don't need to
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know what you're asking for right now you only feel like you need to know right now take the things i'm showing you at the pace i'm showing you study them and i promise a couple months from now you're
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going to know a whole lot more than you know right now and you'll be able to go in and see things in price action that you don't even identify right now even in hindsight you just got to give yourself the time
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and give yourself the real effort to learn this i've stripped it down i made it as streamlined as i possibly could and i promise you will get this and until i'll talk to you next time be safe
Topics:trading setupsNew York futuresS&P futuresorder blocksliquidityswing highsPower Threemarket manipulationprice actiontrading sessions
