YouTube Video — Transcript

Detailed analysis of June 2022 MassDeck trading charts with execution insights and liquidity concepts from ICT mentorship series.

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

Relative equal highs and lows act as liquidity magnets influencing price movement.
Understanding market structure and fair value gaps helps identify high probability trade setups.
Trade execution and management are critical, including recognizing and learning from errors.
Multiple timeframe analysis provides a comprehensive view of market behavior.
Trading psychology and subconscious conditioning improve decision-making and confidence.

What the video covers

The video is the 27th episode of a free 2022 ICT mentorship series focusing on trading analysis.
It reviews the MassDeck daily chart for June 2022, highlighting price action and liquidity draws on June 13th Friday trading.
The presenter explains the concept of relative equal highs and lows as key liquidity magnets in the market.
Multiple timeframes are analyzed including daily, hourly, 15-minute, 5-minute, 4-minute, 3-minute, and 2-minute charts.
The video demonstrates how to identify market structure shifts, fair value gaps, order blocks, and imbalances.
Execution errors and trade management are openly discussed with examples of paper trades and order handling.
The presenter shares personal insights on trading psychology, including anxiety management and subconscious training.
The analysis includes algorithmic behavior around liquidity seeking and stop runs near session opens and closes.
Annotations and backtesting techniques are shown to reinforce learning and build pseudo experience.
The video emphasizes that liquidity draws do not need to be fully traded to create profitable setups.

Chapters

What is the significance of relative equal highs in this trading analysis?

Relative equal highs represent liquidity zones that act like magnets drawing price towards them, which traders can use to anticipate potential market moves.

How does the presenter use multiple timeframes in the analysis?

The presenter analyzes daily, hourly, and various minute charts to identify market structure shifts, liquidity pools, and fair value gaps, providing a comprehensive view of price action.

What role does trading psychology play according to the video?

Trading psychology, including managing anxiety and training the subconscious through backtesting and annotations, is emphasized as crucial for improving trading confidence and decision-making.

Full Transcript — Download SRT & Markdown

Speaker A

All right, folks, welcome back. This is our 27th episode of the continuing series of the free 2022 ICT mentorship on YouTube. All right, so MassDeck daily chart for June 2022, and here we have Friday's trading here. Okay, Friday, Thursday, Wednesday, Tuesday, Monday.

Speaker A

So we had a nice little decline down this week, and then Friday we have somewhat of a retracement. If you've been following my community posts on the YouTube channel, I mentioned this morning that the 12,553 level

Speaker A

is too clean, and you can kind of see it in here. Like, look at the high on this candle. It's 12,547, and then here this high is 12,553. So I'm using this as the higher one, but

Speaker A

these relative equal highs, that's what I'm looking at. So I'm thinking that it could draw there. Now, I was giving it the opportunity to do so today based on what I showed in these short little vignettes I've posted on my video section.

Speaker A

I was out about today, so obviously I was sharing what I could on my phone. I don't generally trade on the phone. I can manage a position, but I'm not generally trying to enter trades and such. But I made a mistake today,

Speaker A

and I was trying to exit, as I'll talk about in a moment when we get into lower timeframes, but I was showing segments of me recording where the market was, what it was doing when I was entering the whole business, and

Speaker A

you'll actually see the execution errors and all that business here tonight. But the relative equal highs, that was the draw on liquidity. Now, the draw on liquidity does not need to be traded to have a profitable

Speaker A

framework or setup. Okay, so what do I mean by that? Well, if we're below this objective, and I'm thinking, and if which you thinking the same thing, if you think that market's going to draw up to that level, whether it be today or into next

Speaker A

week, you look for a setup that will allow you some kind of participation in this expansion towards that. It doesn't need to get there, as you'll soon see. We're going to drop down into the hourly chart. All right, so here's the

Speaker A

hourly chart. You can see relative equal highs up in here. Look at the high on that candle there. That's the 12,553 and a quarter level. Okay, so that's what I'm framing it on, and we traded down, started to run higher.

Speaker A

We had a shift in market structure here, and then just notice how we have had this low, this low swept. We came down below, came back above these relative equal lows, and then we came back down, tried one

Speaker A

more time to go lower, and then rejected it. Notice that. So as the market's starting to trade higher, where is it likely to go? Well, we've already taken out a large pool of liquidity below these relatively equal lows.

Speaker A

This is sell side. Okay, now we're back above these relative equal lows, so where's buy side clear? And obviously right here. Okay, not really obvious in terms of any imbalance in here because we already rebalanced this area there,

Speaker A

so there's nothing really all that exciting except for that small little section there. So if it's going to go up to this area here, my thought process is that it's likely to probably just punch through and take the buy stops resting

Speaker A

above here. So that's the draw on liquidity. Just think of it like a big magnet drawing price up towards it. Okay, so we're going to drop down into a 15-minute time frame.

Speaker A

All right, so here's the 15-minute time frame, and here's Friday the 13th. You scared? Are you scared? So we have the market trade here lower low, low. So this right here may trip you up, but this right here was a 9:30 in the morning manipulation,

Speaker A

where it takes up this overnight London low, creates the manipulation idea, then rallies. I was not available during this time, so I didn't take any trades, as you'll see there's no trades in this area. And then the retracement here in the

Speaker A

afternoon, that's what I was looking for. So I wanted to see that type of idea. So I'm going to add the annotations to the chart now.

Speaker A

All right, so here's the five-minute chart, and here's the overnight London lows.

Speaker A

9:30, we run through it, taking out the sell side here, and then it starts to rally. All this rallying up here, I was not able to participate in the market trades lower down into the range between this low

Speaker A

and this high. What is it trading to? Discount. So I'm going to go into this area a little bit tighter. Okay, so we can see here's our consolidation. It drops down, creates the low of the day, power three, so it's accumulating long

Speaker A

positions, manipulating early longs out of the market, taking out the stops overnight, then rallying, and then I'm looking for the continuation up to take out the relative equal highs here because I think I'm still going to see continuation in the afternoon.

Speaker A

So I want to buy this discount market, and I'm going to be buying inside of this value gap because it's at or below equilibrium between this low and the high. All right, so I've added the annotations here, and I gotta adjust this

Speaker A

because my obsessive-compulsive disorder is flaring. It's like a spider sense, folks. Can't help it. All right, so we have the New York session open at 9:30 in the morning, New York local time, creates the low of the day, rallies,

Speaker A

creates the high here at what time? What time is this candle here? It's 12:10. That's that lunchtime, and I told you it creates usually a retracement of some sort or consolidation, then it retraces lower, and then here is 1:30, right about

Speaker A

there. So at 1:30, the algorithm will start seeking liquidity. If it's going to continue higher, what's it likely to do? Seek sell side. So we're sell side. Well, we have relative equal lows here, but is that a discount from here to here?

Speaker A

No. So this dashed line here that's in purple, I have that noted as equilibrium. That's essentially the same thing as it's taking the fib from here to here, and that's 50. Okay, so now we have equilibrium there. The market drops down into equilibrium

Speaker A

and then below it into the variable gap here. This candle is high, this candle is low. That's your imbalance failure gap is here. So the market drops down into it here at 2 o'clock in the afternoon, 2:05, 2:15,

Speaker A

2:20, 2:25, and then displacement. Okay, we'll see this fair value gap on the lower time frames. I'm going to go through and let you see it, but this displacement on the outside is a shift in market structure in a day that's likely to be bullish.

Speaker A

It's countertrend to a higher time frame. We're working with the logic that it's probably going to be a retracement because we've been down for a long time now, and most people are probably going to want to get out

Speaker A

over the weekend. So the algorithm is going to start squeezing on them to get their positions squared before the close of the Friday. So in this area here, we're going to drop down into a four-minute chart. Okay, no fair value gap shown here except for

Speaker A

this small little area there. Now, by itself, you know, that's possible. You get a small little return into it there. I'm not looking at that. Okay, go down into a three-minute chart. Okay, there's a gap there again. You can see

Speaker A

that candle right there. That would be fine if that's what you were looking for. And then two-minute chart. There it is. Gotta set my chart back. It's got to be the way I want it, folks. All right, so we have

Speaker A

down closed candles in here, order block, fair value gap. This candle is low, this candle is high. There's our imbalance, the order block. It trades down, drops into that, and I'm going to show you the executions here. So as it's dropping down

Speaker A

in here, you can see I have hover top of this thing. I bought 36 contracts, and the assumption is we're using a discount broker, something like AMP Futures. I'm not repping AMP Futures, by the way, but they have really

Speaker A

low margins, so that would be allowed for something with the equity that was used in this example today. These are paper trades, so you guys know for compliance reasons and full disclosure. I'm illustrating execution and theory. Okay, I'm also showing you what I was doing

Speaker A

when I was on Twitter, when I did use MT4, which I don't do anymore. I haven't used MT4 in years. Okay, I don't need to have a fake MT4 server to be a

Speaker A

second but as it was dropping down dropping down all this candle here i was buying at the beginning of the um fair value gap and about the middle of it and i was trying to get into the lower portions of

Speaker A

it but it didn't quite get down there so the fairway gap in the shaded area that's what's being shown here take that off for clarity's sake and we drop in here i mentioned in the small little vignette again i've

Speaker A

done three videos today that were basically silent i put a little bit of a music thing on it just to i don't know i was testing it out i was really disappointed didn't play the entire time the video was playing but

Speaker A

whatever the idea was i was showing you that when we went into the order block that it was going to rally up okay and it rallied up and then i took off 10. i saw a small little vignette

Speaker A

shows me closing 10 contracts there and i was looking for it to maybe stage a run up into that twelve five five three level that i mentioned on my community post okay but obviously we were running out of time today and i messed up on the

Speaker A

close of the 20 contracts because i wanted to take off 20 above here and try to put it in as a limit order but it ended up closing his market so what i should have done was and i said this to

Speaker A

my private group too i'm working with tradingview but i'm used to using actual live platforms so the things that i can do in other places i can't necessarily do here and because i'm doing it on my phone and i was out

Speaker A

doing other things it real real life and this is the reason why you don't want to be trading off of your phone okay but anyway i ended up closing uh the 20 here so i didn't get it above that 12

Speaker A

430 level i was trying to aim for so i missed it there and then i closed more here and here and then finally in late in the day i had one left and i just took it off here

Speaker A

okay so that's the business there and i want you to look at how the market created this counter trend idea but still using my fair value gap principle and concept liquidity was above here the day was bullish the algorithm kept pricing higher and

Speaker A

higher and higher and the logic was delivered here so look at where the arrows are for entries and this was a failure on my part i didn't get the price i actually wanted none of these closures were actually

Speaker A

above the 12 430 level that was i think the closest one yeah that was the closest one there so and i had one left over here and that was the final bit of business i was leaving it just in case some freaky

Speaker A

occurrence where it would take us up in some parabolic run into twelve five five three but this wasn't in the cards today we're gonna steam you can frame what i'm teaching inside of a counter trend model if that's what you are by nature a

Speaker A

contrarian if you want to be trading with the highest probability and in sync with the early session move then trade exactly how i've outlined the principles around that 8 30 to 9 30 window okay i'm trying to do my best to give you a

Speaker A

little bit of freedom to try to make it your own and inspire you also that these fair value gaps are useful if you know what the bias is okay and i know some of you are still posting in the comment section

Speaker A

i'm still struggling with vice it's only because you haven't worked at it long enough okay it you're not going to watch a dozen of my videos and come away now i know exactly how to do bias you have to go into the charts

Speaker A

and study each day back testing what is back testing going back and looking at moves like this okay marking them up on your chart now you can do it either using the replay button watching them paint partially or you can go back in hindsight and mark

Speaker A

up your chart like this this is all back testing all this is is me showing you what i actually did now i was going to be facetious and talk about this for those that didn't really see the videos that i posted today where

Speaker A

actually did the pushing of the button here the idea of me seeing it before it happens that's proof of concept and it's proof of understanding okay so i'm the author of this algorithm so i can operate in it very

Speaker A

efficiently you as a student of mine you have to understand my language first and then you go into the charts and you study with that language and you'll be able to see repeating phenomena and because you're able to do this in your own

Speaker A

leisure you collect these examples of hindsight movement with all of your annotations and your points of interest that you studied and see in your observations anywhere in a chart where it's empty space you want to utilize that and have

Speaker A

any kind of observation or encouragement to yourself and you want to tell yourself in those commentaries that you saw this coming okay and what this does is it tricks your brain it's self-talk okay it's one of the things i actually use to overcome

Speaker A

agoraphobia which was the fear of being around other people because i had extreme anxiety that started obviously from trading because i built up this large image of myself and in 2001 all that stuff happened okay and i was

Speaker A

afraid of a lot of things and i had serious anxiety attacks panic attacks that would come on out of nowhere the coping skills that i learned to deal with generalized anxiety i found that were very useful in teaching

Speaker A

my students and it was simply by taking positive self-talk placing that into your back testing where you're note taking your by all face value of it you're lying to yourself in these posts in your back testing so in your

Speaker A

study journal only you were seeing it but you're tricking your brain and your subconscious because you're writing it out in your own words you're studying it you're looking at it your subconscious is retaining the image but it's also

Speaker A

retaining what you're saying in it so when you come back to it at the end of the week or the previous weeks back testing log journals you read them and when you read them to yourself you're reading your own words saying i

Speaker A

saw this setting up where this was likely to drop down here and i was expecting this turn here because the fair value got i wanted to see this displacement and it occurred just like i was expecting and it comes back down and

Speaker A

allows me an opportunity to go long then i expected the market to move aggressively away from this area and start working towards the short-term highs and i wanted to take something off above halfway high to low i want to take a

Speaker A

premium profit scaling and that's what that is there so you're pouring yourself into the chart with your annotations for back testing and you're doing it in such a way where you're tricking your subconscious like you expected this to happen and over

Speaker A

time when you do that you're recording this subconsciously you don't realize you're doing it but by doing these things over and over and over again it activates your reticular activating system it's the same thing happens when you buy a car you go out

Speaker A

the next day all of a sudden it seems like everybody else bought the same car the only difference is is you've been more sensitive to that because it's more meaningful to you so these charts will take on that same characteristic when

Speaker A

you make them more meaningful to you how do you do that you place your personality and your interest in the chart so everything here i'm giving you a narrative here you would do the same thing just typing it out putting it in

Speaker A

there and then screen capturing it and storing it in your journal or printing it out and putting in your journal those things over time will start building on your subconscious as pseudo-memories so critics that hear me say this you're

Speaker A

like oh you're you know this fraud's telling you to lie to yourself i'm being honest you are lying in the chart when you do your annotations for study purposes you're tricking your brain like you had experience seeing this

Speaker A

happen but because over time you're doing that your subconscious will retain that and when you start seeing it live it will remember hey i remember that because i did that before when you technically really didn't but then now you have pseudo experience

Speaker A

it sounds strange like it couldn't possibly work like this but it does our brains are extremely intricate they're very powerful but they can be short-circuited a little bit and used in an advantageous way of studying and this is one way i teach my students

Speaker A

in mentorship and this is what i'm trying to suggest that you do for your back testing all you have to do is look at old moves study them annotate your charts it's as rich as you want that chart to be

Speaker A

that's what you're doing you're trying to make it as meaningful to you as you possibly can and over time you'll create a measure of pseudo experience that will build upon over time how much time it i don't know

Speaker A

it although you're gonna develop at your own pace and you're going to arrive at full understanding right on time so it might be a couple weeks for some of you may take a year for others it may take a little bit longer than that it

Speaker A

depends on what you pour yourself into by doing it and i'll leave that part up for you to decide how much effort you're going to put into it but i wanted to share something today and kind of like answer those individuals

Speaker A

that like to say that mt4 rented servers were used and stuff and i don't need that folks i mean it's not necessary so um let's go over here and you can see there's a hundred thousand and there's some red in there folks yeah

Speaker A

two back-to-back losing trades okay and that was the business okay that was uh since the sixth of this month 100 000 account to 354 000 paper trading obviously but that's what i was doing on twitter all those years i was showing and showing

Speaker A

and showing and this proves concept it proves that these things work i'm looking at live data when i'm doing this this is actually no delay you can see there's no d up here there's no little dot showing you it's as real as

Speaker A

real can be okay if i can't see these things happening before it happens it will fail but if i can see them live forming and i haven't understand what the algorithm is going to do then i should be able to operate like this

Speaker A

and i saw a comment today on one of the video vignettes i did and can we get past the drama and proving who made money i'm not sure what the poster intended with that because i thought that was what you wanted to see when you

Speaker A

came here like why would you come to my channel or anyone else's channel that has anything to do with technical analysis or trading if they can't prove they can do what they say they can do all i'm doing

Speaker A

is sharing my experience and the prowess i have if i can't do this i'll follow my face i can do it and i want to be an encouragement to those that are genuinely concerned because they see stupid stuff posted on the

Speaker A

internet folks listen i don't know how much of this you need to see before you finally get over it but i don't mind doing it okay i don't mind doing it i enjoy doing this i enjoy sharing it and

Speaker A

i know it's an encouragement to people that had a little bit of doubt say hey look you know did you really use an mt4 rented server on twitter because we don't really see it we just hear other people talking

Speaker A

about it well here's again more proof that listen this is just a matter of like a week or so okay um in five and a half weeks or six weeks i could easily do what i'm doing here and it compounds over and over and over

Speaker A

again okay just because i'm doing it with a demo account doesn't mean that you're gonna be able to go out there and do it too with a live account the only thing i'm showing you here is i understand what i'm doing

Speaker A

so i think that's going to be it for tonight and i will touch base with you lord willing next tuesday for another lecture and probably a little bit longer video then okay until then enjoy your weekend be safe

Topics:ICT mentorshipMassDeckliquidityrelative equal highsfair value gaporder blockmarket structuretrading psychologyexecution errorsmulti timeframe analysis

Get More with the SozAI App

Transcribe recordings, audio files, and YouTube videos — with AI summaries, speaker detection, and unlimited transcriptions.

App Store Google Play

Or transcribe another YouTube video here →

Free tools: TXT to SRT · SRT Validator · Merge SRT · Subtitle to Text · All tools