ICT Charter Price Action Model 12 - Trade Plan & Algorithmic Theory

00:48:27
https://www.youtube.com/watch?v=xi0N9BG1Qvs

Summary

TLDRThe ICT Price Action Model No. 12 offers a scalping approach focusing on capturing 20 Pips per intraday trade. It emphasizes low risk with consistent setups, achievable every trading day. The model suggests setting stop losses at 20 Pips to maintain a balance between risk and accuracy, while discouraging overly tight stop loss strategies like those of 2-5 Pips. The five stages of trade planning it follows include preparation for medium to high impact market events, opportunity discovery on 15-minute charts, precise trade planning around economic calendars for potential volatility shifts, execution within Kill Zones for optimized trade placement, and trade management with structured stop loss adaptations. The model aligns with everyday market movements and strives to enhance precision and risk management over time, catering to both new and experienced traders. It's essential for traders to focus on long-term practice and refinement of strategies without succumbing to risky trading habits driven by emotion or impatience.

Takeaways

  • πŸ—ΊοΈ This model focuses on 20 Pips per intraday trade.
  • βš–οΈ Sets a 20 Pip limit for stop losses to manage risk.
  • πŸ•’ Utilizes a five-stage trade planning process.
  • πŸ” Preparation includes observing key market events.
  • πŸ“ˆ Opportunity is found in 15-minute chart setups.
  • ⏰ Trades executed in high-probability Kill Zones.
  • πŸ”‘ Stop loss is adapted as trade progresses towards target.
  • πŸ’‘ Stresses long-term precision over short-term gains.
  • πŸ“Š Balance between market movements and risk is crucial.
  • 🏁 Encourages consistent practice for improvement.

Timeline

  • 00:00:00 - 00:05:00

    The video introduces the price action model number 12, focused on a scalping method with a 20 Pips intraday trade model. It's described as a 'bread and butter' setup, not meant to be comprehensive but an everyday useful model. The emphasis is on maintaining a 20 Pips stop loss, cautioning against too tight stop losses like 5 or 2 Pips, highlighting the unrealistic nature of such tight strategies.

  • 00:05:00 - 00:10:00

    The model uses five stages of trade plan development: preparation, opportunity discovery, trade planning, trade execution, and management. Preparation involves assessing market events and weekly expansion direction. The goal is to determine which direction the market will move relative to its weekly chart, based on events and the last 20 trading days' range, focusing on liquidity targets.

  • 00:10:00 - 00:15:00

    In seeking opportunity, a 20-pip range on a 15-minute chart is identified for potential runs to liquidity on either the buy or sell side, depending on the order flow. The plan includes targeting liquidity using kill zones and fair value gaps, with order block approaches on a 5-minute chart.

  • 00:15:00 - 00:20:00

    Trade planning involves anticipating market trends based on economic calendars and order flow. The model teaches entering opposite to the manipulation and price, using fair value gaps and order blocks, taking positions during ICT kill zones. The return to these order blocks or gaps must occur during specified times for viability.

  • 00:20:00 - 00:25:00

    Trade execution details involve using 5-minute charts to identify retracement opportunities. It specifies sell or buy limit orders within kill zones for short or long positions. The demo account should execute the institutional order flow entry drill adjusted by 5 Pips for entry, targeting 20 Pips per trade.

  • 00:25:00 - 00:30:00

    Entry strategies emphasize placing limit orders to either take profits or stop losses. It promotes non-interfering with the trades once orders are placed. Profit and stop loss adjustments are advised based on achieving partial profit milestones during the trade, aiming to reduce risk as the trade progresses.

  • 00:30:00 - 00:35:00

    The model outlines money management and position sizing, detailing how to calculate position sizes based on account equity and desired risk percentage. Examples include how to adjust risk management strategies based on trade outcomes and leveraging between micro and mini lots.

  • 00:35:00 - 00:40:00

    The model encourages backtesting and addresses the need for consistency and adaptation among students. It acknowledges the overlap of models, encouraging traders to find what resonates with them and to potentially develop their unique strategies by blending existing concepts.

  • 00:40:00 - 00:48:27

    The closing remarks focus on mindset, self-assessment, and perseverance. It emphasizes managing emotions and realistic expectations, suggesting that mastery requires patience and continuous effort. The conversation ends encouraging participants to adapt teachings into their personal trading approach, while managing personal growth and expectations within the trading journey.

Show more

Mind Map

Video Q&A

  • What is the focus of this scalping model?

    The model focuses on making consistent 20 Pips per intraday trade with controlled risk.

  • Why is the stop loss set around 20 Pips?

    20 Pips is chosen as it provides some balance between risk and potential precision without being overly tight or risky.

  • How is the preparation for trade done in this model?

    Preparation includes noting market-impact events and analyzing market structures and weekly profiles.

  • What does opportunity discovery involve?

    It involves finding 20 Pip ranges on a 15-minute chart to target liquidity injections.

  • What trading stages are involved in this model?

    The model uses five stages: preparation, opportunity discovery, trade planning, trade execution, and trade management.

  • What is emphasized in trade planning?

    Emphasis is on aligning trade entries with economic events that suggest potential volatility.

  • What type of trade execution is recommended?

    It recommends executing trades using demo accounts with precise entries and exits around known economic events.

  • What are the stop loss management guidelines?

    Initial stop is set at 20 Pips, which can be adjusted as trades move closer to the 20 Pip target.

  • Why is trading within the Kill Zones important?

    Trading within Kill Zones synchronizes with high-probability market movements during active sessions.

  • How does money management work with the model?

    Risk is calculated using account equity and is adjusted based on the performance of previous trades.

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  • 00:00:00
    all right so this is price action model
  • 00:00:02
    number 12 this is a scalping model it is
  • 00:00:05
    20 Pips intraday trade model and like
  • 00:00:09
    the previous trade plan for model number
  • 00:00:12
    11 this is again what is considered a
  • 00:00:14
    bread and butter type model it's not
  • 00:00:18
    meant to be a Beall and all it's one of
  • 00:00:22
    those models where there's something to
  • 00:00:24
    find every single day so it's a bread
  • 00:00:26
    and butter setup because it's a bread
  • 00:00:29
    and butter setup it is not going to have
  • 00:00:31
    a high R multiple attached to it that is
  • 00:00:34
    not to say that you can't apply like one
  • 00:00:37
    minute scalping and reduce it down and
  • 00:00:40
    make it even tighter in terms of risk
  • 00:00:42
    but as you'll see it's about as low as I
  • 00:00:45
    want to go with a stop loss um
  • 00:00:47
    personally my lowest is about 15 Pips
  • 00:00:49
    but as a mentor I'm trying to keep you
  • 00:00:52
    around that 20 pip threshold for stop
  • 00:00:54
    losses the reason is it's going to take
  • 00:00:56
    you decades to get really really good
  • 00:00:59
    and precise and even when you obtain a
  • 00:01:02
    certain degree of
  • 00:01:04
    precision the market is still apt to
  • 00:01:07
    move Beyond you know 15 Pips or 10 Pips
  • 00:01:11
    or don't ever subscribe to anyone
  • 00:01:14
    telling you they use a five pip stop
  • 00:01:15
    loss or a two pip stop loss uh this I
  • 00:01:18
    just felt it
  • 00:01:20
    was needed to be said here because
  • 00:01:22
    there's a lot of yahoos out there that
  • 00:01:24
    are taking my content and trying to
  • 00:01:26
    Rebrand it and showing fake trades and
  • 00:01:28
    fake this and fake that and they're not
  • 00:01:31
    trading with two pip stop losses because
  • 00:01:33
    if they could do that they would do it
  • 00:01:34
    on trading View and record it as it's
  • 00:01:36
    happening and you don't see that
  • 00:01:46
    happening all right again it's the ICT
  • 00:01:49
    price action model number 12 it is a 20
  • 00:01:51
    pit per trade plan and it's anchored on
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    an intraday scalping
  • 00:01:58
    model
  • 00:02:02
    like every trading plan we use the five
  • 00:02:06
    stages of trade plan
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    development versus
  • 00:02:10
    preparation opportunity
  • 00:02:13
    Discovery trade planning trade execution
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    and trade
  • 00:02:22
    management all right our preparation is
  • 00:02:24
    going to be noting all medium and high
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    impact events for the markets that
  • 00:02:28
    you're following we're going to study
  • 00:02:30
    the events on the week to come and
  • 00:02:32
    consider how the current market
  • 00:02:33
    structure and the calendar events may
  • 00:02:36
    suggest a specific weekly profile for
  • 00:02:38
    that week's
  • 00:02:39
    range
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    basically we're looking at that Weekly
  • 00:02:43
    expansion okay we're trying to find
  • 00:02:45
    which direction now notice I said
  • 00:02:48
    Direction not specific price level not
  • 00:02:51
    where the weekly close is going to be
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    we're trading in that inside that Weekly
  • 00:02:56
    bias that would expand more one-sided
  • 00:03:00
    than the other it doesn't matter if we
  • 00:03:01
    close unchange or even reverse intra
  • 00:03:03
    week all we need for a model like this
  • 00:03:07
    is to know which side is most likely
  • 00:03:09
    going to expand higher or lower relative
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    to its weekly chart the very next weekly
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    candle before it even starts trading on
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    Sunday where is the most likelihood of
  • 00:03:21
    it moving is it moving higher or is it
  • 00:03:23
    moving lower that's the only thing you
  • 00:03:28
    need
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    preparation we're going to be
  • 00:03:32
    determining the ipto data range of the
  • 00:03:34
    last 20 trading days now we're not
  • 00:03:37
    needing or requiring 40 or 60 day look
  • 00:03:39
    back only the last 20 trading days and
  • 00:03:42
    again we do not count Sundays we're
  • 00:03:45
    going to be noting the highest high and
  • 00:03:47
    the lowest low in the past 20 trading
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    days this is your current dealing
  • 00:03:54
    range inside this dealing range we will
  • 00:03:57
    look for the next draw on liquidity
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    where where is Price likely to trade to
  • 00:04:01
    next below which old low above which old
  • 00:04:05
    high we look for a PD array in the
  • 00:04:08
    direction of the weekly range bias
  • 00:04:10
    that's what I just mentioned before
  • 00:04:12
    going into the preparation stage of this
  • 00:04:14
    trade plan in other words we're looking
  • 00:04:16
    for most likelihood in terms of it
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    moving and expanding on that Weekly
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    candle that's just opened on the next
  • 00:04:22
    Sunday to come is it more likely to
  • 00:04:24
    trade higher or
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    lower this is what we'll be using and
  • 00:04:30
    we're going to be targeting external
  • 00:04:32
    range
  • 00:04:34
    liquidity we anticipate price to move to
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    an order block that has a fair value Gap
  • 00:04:40
    with it that would support our weekly
  • 00:04:42
    bias on a day and news release found on
  • 00:04:45
    the economic calendar for the current or
  • 00:04:47
    next trading week this volatility
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    injection is what we wait for this would
  • 00:04:53
    be a run based on a low resistance
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    liquidity run
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    condition opportunity Discovery we look
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    for 20 pip ranges on a 15minute chart
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    that would enable a run to buy side
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    liquidity when bullish institutional
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    order flow is present or Target the sell
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    side liquidity when bearish
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    institutional order flow is present as
  • 00:05:15
    you can see here this is a 15minute time
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    frame and the idea is we're going to be
  • 00:05:20
    targeting external range
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    liquidity using the kill zones and again
  • 00:05:26
    fair value Gap with order block
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    and on a five minute chart it would look
  • 00:05:34
    like
  • 00:05:34
    this you have your order block fair
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    value Gap New York session and running
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    to that 15-minute old high for external
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    range
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    liquidity trade planning when the market
  • 00:05:50
    is poised to decline we want to look for
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    a convergence of both manipulation and
  • 00:05:55
    price opposite to our trade bias at a
  • 00:05:58
    time the economic calendar suggests a
  • 00:06:00
    volatility injection will likely
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    unfold we will short 15-minute premium
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    fair value gaps with bearish order
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    blocks when the market is poised to
  • 00:06:14
    Rally we want to look for a convergence
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    of both manipulation and price opposite
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    to our trade bias at a time the economic
  • 00:06:22
    calendar suggests a volatility injection
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    will likely unfold we will buy 15minute
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    discount fair value gaps Plus
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    bullish order block
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    setups so in other words the order block
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    that we're
  • 00:06:37
    utilizing it can occur or form outside
  • 00:06:41
    the Kill Zone but the return to the
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    order block must be inside the Kill Zone
  • 00:06:47
    of either New York or
  • 00:06:50
    London okay let me say that again the
  • 00:06:53
    order block can reside or be formed
  • 00:06:56
    during the time of day that is not
  • 00:06:57
    classically defined as an IC Kill Zone
  • 00:07:00
    so other words it could be forming
  • 00:07:01
    between 5:00 in the morning and 7:00 in
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    the morning New York time so that would
  • 00:07:06
    be like in our quiet time you know
  • 00:07:09
    London lunch or something like that
  • 00:07:11
    we're not anticipating a lot there but
  • 00:07:13
    we still refer to the price action
  • 00:07:15
    between those two hours 5:00 and 7:00 so
  • 00:07:20
    while that is relatively quiet to us we
  • 00:07:23
    can refer to order blocks that exist
  • 00:07:25
    there same way during the time that
  • 00:07:28
    creates the Central Bank deal
  • 00:07:30
    range uh that is not a time when we
  • 00:07:32
    actually T try to trade but we can refer
  • 00:07:35
    to blocks that occur or fair value gaps
  • 00:07:39
    that occur during that time it's not
  • 00:07:41
    always the case that it forms but I'm
  • 00:07:43
    just throwing this in here as another uh
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    point of reference but the return to the
  • 00:07:49
    fair value Gap and the order block both
  • 00:07:52
    bearish or bullish relative to our
  • 00:07:54
    bullish or bearish consideration using
  • 00:07:56
    this trade
  • 00:07:58
    plan the return to the order block and
  • 00:08:00
    fair value Gap that must that absolutely
  • 00:08:04
    must be during an ICT Kill Zone
  • 00:08:07
    otherwise it's not a viable
  • 00:08:09
    trade trade executions when we are
  • 00:08:12
    bearish we will anticipate a 5 minute
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    premium fair value Gap coupled with a
  • 00:08:19
    bearish order block to form on a
  • 00:08:21
    15-minute retracement higher now before
  • 00:08:24
    I go any further the stage on this is
  • 00:08:26
    based on that 15-minute time frame
  • 00:08:28
    that's your stage the setup forms on the
  • 00:08:31
    5 minute
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    chart and it must occur during London
  • 00:08:36
    open and or New York open kill
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    zones when we are bullish we will
  • 00:08:42
    anticipate a 5 minute discount fair
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    value Gap plus bullish order block to
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    form on a 15minute retracement lower
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    during London open Andor New York open
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    kill
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    zones short trade management when we we
  • 00:08:59
    are entering a short we will place a
  • 00:09:01
    cell limit order we will execute with
  • 00:09:04
    our demo account we will use the
  • 00:09:06
    institutional order flow entry drill
  • 00:09:09
    minus 5 Pips as our entry price when
  • 00:09:12
    using the sell limit
  • 00:09:19
    order when we're entering along we will
  • 00:09:22
    place a buy limit order we will execute
  • 00:09:24
    with our demo account we will use the
  • 00:09:26
    institutional order flow entry drill
  • 00:09:28
    Plus five Pips as our entry price when
  • 00:09:31
    using the buy limit order again the
  • 00:09:34
    orders are placed relative to a five
  • 00:09:36
    minute chart so your institution
  • 00:09:38
    orderflow entry drill price level is
  • 00:09:41
    going to be derived from the 5
  • 00:09:46
    minute when we're entering a short we
  • 00:09:48
    will place a sell limit order to take 20
  • 00:09:50
    Pips as our objective on a single
  • 00:09:52
    position if you capture a 20 pip
  • 00:09:54
    objective close the order via a buy
  • 00:09:57
    limit order and wait for another op
  • 00:10:01
    opportunity when we are entering along
  • 00:10:04
    we will place a by limit order to take
  • 00:10:06
    20 Pips as our objective on a single
  • 00:10:08
    position if you capture a 20 pip
  • 00:10:10
    objective close the order via cell limit
  • 00:10:12
    order and wait for another opportunity
  • 00:10:15
    long story short we're entering on a
  • 00:10:17
    limit and we as soon as we enter we have
  • 00:10:19
    our profit objective in the form of a
  • 00:10:23
    counter limit and the order sits there
  • 00:10:27
    we don't monkey around with it we don't
  • 00:10:29
    think about it we don't obsessively
  • 00:10:30
    compulsively worry we put the stop in we
  • 00:10:33
    put the limit order in for 20 Pips and
  • 00:10:35
    we let it go it's either going to stop
  • 00:10:37
    you out or it's going to move to your
  • 00:10:39
    profit
  • 00:10:43
    objective stop loss management stop-
  • 00:10:46
    loss opens with 20 pip
  • 00:10:48
    risk when we are in profit 10 Pips of
  • 00:10:52
    our expected 20 pip objective stop loss
  • 00:10:55
    can be reduced by 10 Pips this cuts the
  • 00:10:58
    risk in half worst casee scenario you
  • 00:11:02
    get stopped out from entry at a full 20
  • 00:11:04
    pip stop
  • 00:11:05
    loss a better scenario is as you start
  • 00:11:08
    moving towards your 20 pip
  • 00:11:10
    objective if you get 10 Pips locked in
  • 00:11:13
    you can reduce your stop loss by 10 Pips
  • 00:11:16
    so if you do see a return on your stop
  • 00:11:19
    you're only going to get knocked off
  • 00:11:20
    with half of what your initial risk was
  • 00:11:23
    so you want to be a little bit
  • 00:11:25
    aggressive with this lower time frame
  • 00:11:27
    scalping model and this is one way you
  • 00:11:29
    can do that when we are in profit 15
  • 00:11:32
    Pips of our expected 20 pip objective
  • 00:11:35
    stop loss can be reduced to break
  • 00:11:37
    even that's important and I'll read it
  • 00:11:40
    again when we are in profit 15 Pips of
  • 00:11:43
    our expected 20 pip objective stop loss
  • 00:11:46
    can be reduced by break even now why did
  • 00:11:51
    I add this here well I can tell you when
  • 00:11:53
    I first started practicing and doing
  • 00:11:55
    drills on one and five minute charts
  • 00:11:58
    with a model that was very close to this
  • 00:12:00
    one it offered many times 12 to 15 Pips
  • 00:12:05
    and I'd be expecting those 20 and then
  • 00:12:07
    it would return on me and I would get
  • 00:12:09
    stopped out with a loss so as you move
  • 00:12:12
    towards 10 Pips in
  • 00:12:14
    profit the 20 pip objective that you're
  • 00:12:16
    waiting for and your limit order to you
  • 00:12:18
    know take you out of the
  • 00:12:20
    trade you have reduced with the
  • 00:12:22
    paragraph above stating that if you're
  • 00:12:25
    in 10 Pips profit which is half of what
  • 00:12:27
    you expect to make then you reduce the
  • 00:12:30
    stop loss by 10 Pips
  • 00:12:35
    so that's better than taking a full stop
  • 00:12:39
    but there's many times where if it can
  • 00:12:42
    see 15
  • 00:12:45
    Pips it'll go 15 Pips 16 Pips and fail
  • 00:12:48
    to expand that 20 pip threshold and
  • 00:12:51
    limit you out so I don't like to be in
  • 00:12:54
    those situations where I'm that close to
  • 00:12:56
    profit and not in a position where where
  • 00:12:58
    I can be stopped out with break even so
  • 00:13:02
    I don't care about winning every time I
  • 00:13:04
    am caring more about managing the risk
  • 00:13:07
    because that in itself will take care of
  • 00:13:09
    the bottom line for
  • 00:13:14
    you money
  • 00:13:16
    management position size calculation
  • 00:13:20
    formula position size equals account
  • 00:13:23
    Equity times r% divided by stop- loss in
  • 00:13:27
    Pips position size is the amount of
  • 00:13:30
    Leverage your trade or trades
  • 00:13:32
    assume account Equity is the total
  • 00:13:35
    amount in your trading account R percent
  • 00:13:38
    is the percent of risk you are willing
  • 00:13:40
    to take on per
  • 00:13:41
    trade the difference between your entry
  • 00:13:44
    price and your stop loss is the number
  • 00:13:46
    of Pips you will use to divide the
  • 00:13:48
    result of equity time
  • 00:13:52
    r% all right and our first example of
  • 00:13:55
    our hypothetical account Equity of
  • 00:13:57
    $10,000 risk for trade on this model is
  • 00:14:01
    1% and or 10,000 time 1% or
  • 00:14:07
    $100 stop required for the trade is 20
  • 00:14:09
    Pips in micr lots that means every 1K
  • 00:14:12
    Leverage is 10 cents per pip using a
  • 00:14:16
    model like this with 20 Pips as our
  • 00:14:18
    go-to for our standard stop-loss
  • 00:14:21
    threshold 20 Pips at 10 cents equals
  • 00:14:25
    2s $100 or % of 10,000 divided by those
  • 00:14:30
    same $ two equals The Leverage of 50
  • 00:14:34
    microts per trade or 1% of the account
  • 00:14:36
    Equity always round
  • 00:14:40
    down in our next example using mini Lots
  • 00:14:44
    10K leverage or $1 per pip everything
  • 00:14:48
    remaining the same hypothetical $10,000
  • 00:14:51
    in our Equity using a 1% risk or $100
  • 00:14:55
    with a stop required for the model at 20
  • 00:14:58
    Pips
  • 00:14:59
    20 Pips at $1 gives us
  • 00:15:02
    $20 that $2 divided into 100 or 1% of
  • 00:15:07
    10,000 gives us the potential to trade
  • 00:15:10
    with five mini Lots per trade or 1% of
  • 00:15:12
    the account Equity again always rounding
  • 00:15:18
    down and lastly this model and the 20
  • 00:15:22
    Pips and 1% risk does not allow us to
  • 00:15:25
    trade with a standard lot so it's not
  • 00:15:27
    applicable here
  • 00:15:32
    if your demo account takes a loss on a
  • 00:15:33
    trade and it is the full R percent you
  • 00:15:35
    assumed drop the r% by 50% and when the
  • 00:15:38
    loss is recovered by 50% you are
  • 00:15:41
    permitted to return to the maximum r%
  • 00:15:43
    per trade if the reduced R per trade
  • 00:15:45
    assumes a loss reduce the r perc by 50%
  • 00:15:49
    until the previous trade loss is
  • 00:15:50
    recovered by
  • 00:15:54
    50% if you take a series of five winning
  • 00:15:56
    trades in a row drop your R percent by
  • 00:15:59
    50% you are likely to assume a loss
  • 00:16:02
    eventually and this will build in equity
  • 00:16:04
    leveling and reduce the likelihood of a
  • 00:16:06
    large draw down you want a smooth Equity
  • 00:16:09
    curve that slopes or stair steps higher
  • 00:16:11
    not erratic distribution with deep
  • 00:16:16
    declines okay folks start back testing
  • 00:16:21
    collect multiple sample sets with this
  • 00:16:22
    trade plan if you're unclear about some
  • 00:16:25
    of the process rewatch The lessons to
  • 00:16:27
    this price action model
  • 00:16:29
    I will provide sample sets but do not
  • 00:16:31
    rely or wait for mine dig into your
  • 00:16:33
    charts and study what was provided here
  • 00:16:35
    this is model number
  • 00:16:37
    12 algorithmic Theory and lecture for
  • 00:16:41
    the scalping model and it focuses on 20
  • 00:16:43
    Pips per trade this one here is kind of
  • 00:16:47
    like one of those Bread andb Butter
  • 00:16:49
    setups these tend to repeat a lot uh
  • 00:16:53
    there's generally something like this
  • 00:16:55
    every single trading day you'll have to
  • 00:16:56
    look through obviously a lot of the p
  • 00:16:58
    pirs and Futures markets but something
  • 00:17:01
    is running out a previous day's High
  • 00:17:05
    okay or previous day's
  • 00:17:07
    low or making an attempt to do that okay
  • 00:17:10
    so let me make sure you have that in
  • 00:17:12
    your
  • 00:17:12
    notes you may expect the market to Rally
  • 00:17:15
    up to take out a previous day's high but
  • 00:17:18
    if it offers 20 Pips before it gets to
  • 00:17:20
    that previous day's high that fits in
  • 00:17:22
    this model
  • 00:17:25
    so I think if you've been paying
  • 00:17:27
    attention this is what I said before we
  • 00:17:29
    even started the charter membership okay
  • 00:17:32
    before I even started doing price action
  • 00:17:34
    models I've warned all of you in the
  • 00:17:37
    recordings leading up to
  • 00:17:39
    it that you're going to find that these
  • 00:17:42
    models overlap there's a lot of similar
  • 00:17:45
    things and your mind should be thinking
  • 00:17:47
    this looks similar to this and this
  • 00:17:49
    feels like that and because they're all
  • 00:17:53
    connected over time how much time I
  • 00:17:55
    don't know but each of you if given
  • 00:17:57
    enough time working with them studying
  • 00:17:59
    them your mind will start seeing how all
  • 00:18:03
    of them plug together and it gives you
  • 00:18:05
    like this
  • 00:18:08
    tapestry how they all connect when one's
  • 00:18:11
    doing something and when it ends another
  • 00:18:13
    model starts working so there's always
  • 00:18:15
    something that moves and Gates between
  • 00:18:18
    the
  • 00:18:20
    marketplace that's why some days when
  • 00:18:23
    it's really nice in terms of volatility
  • 00:18:27
    I can go in there and I can buy and sell
  • 00:18:29
    and buy and sell and move from one thing
  • 00:18:31
    to the next like Spider-Man you know web
  • 00:18:32
    singing and to a neoy or someone's in
  • 00:18:35
    training for a while and they see that
  • 00:18:37
    in my recordings where I'm doing the
  • 00:18:39
    executions both sides of the marketplace
  • 00:18:41
    getting out at the highs getting short
  • 00:18:44
    going down to the lows covering short
  • 00:18:46
    and going
  • 00:18:47
    long there isn't a market environment
  • 00:18:49
    that sees that repeat a lot but when it
  • 00:18:52
    does manifest
  • 00:18:54
    itself you can use this model for
  • 00:18:57
    intraday web swinging okay it's uh it's
  • 00:19:03
    very fun to practice in a demo doing it
  • 00:19:05
    but I don't want you to think and go out
  • 00:19:07
    there with a live account and start
  • 00:19:08
    doing it because none of you are right
  • 00:19:11
    at that level yet don't be put off by
  • 00:19:14
    that comment trust me when I tell you
  • 00:19:16
    especially in the market volatility we
  • 00:19:18
    have today in the last 18 months or two
  • 00:19:21
    years or so um it's
  • 00:19:25
    very difficult okay to find
  • 00:19:29
    real nice pristine symmetry in the
  • 00:19:31
    marketplace it's really shortlived when
  • 00:19:34
    it happens you got to get it secure the
  • 00:19:36
    money and go okay and try not to be
  • 00:19:39
    thinking at the end of every trade you
  • 00:19:41
    disclosed there should be an alternative
  • 00:19:43
    trade okay that's a neoy that is someone
  • 00:19:46
    that is a gambler and someone that feels
  • 00:19:48
    like they got to be in the market all
  • 00:19:49
    the time because they're afraid of
  • 00:19:51
    missing something or they're addicted to
  • 00:19:52
    winning okay or addicted to just the
  • 00:19:54
    action alone so this model can present a
  • 00:19:57
    Gam a lot of problems and you have to be
  • 00:20:00
    careful that you don't go in here and
  • 00:20:03
    try to abuse this one because it's there
  • 00:20:07
    all the time but you have to be careful
  • 00:20:10
    what you're doing and try not to be uh
  • 00:20:13
    you know a
  • 00:20:14
    gambler or a action Hound or a junkie
  • 00:20:17
    put it that way so this model you know
  • 00:20:20
    it's built on the daily range expansion
  • 00:20:22
    so you're not really relying on anything
  • 00:20:24
    from the weekly and all you have to do
  • 00:20:26
    is try to figure out at the beginning of
  • 00:20:28
    the day is it likely to run for previous
  • 00:20:31
    day's high or previous day's low or
  • 00:20:33
    expand in either one of those
  • 00:20:36
    directions allowing for 20 Pips okay so
  • 00:20:40
    it's really an intraday model that takes
  • 00:20:43
    advantage of volatility without bias
  • 00:20:46
    really uh because you could really flip
  • 00:20:48
    a quarter and heads by Tails short and
  • 00:20:52
    as long as you know what you're looking
  • 00:20:53
    for through Market structure intraday
  • 00:20:56
    volatility chances are can probably find
  • 00:20:58
    a 20 pip Runner intraday and really be
  • 00:21:02
    against the daily range expansions I'm
  • 00:21:04
    saying that just to get your gears
  • 00:21:06
    turning because there's a lot of
  • 00:21:09
    volatility in the markets today
  • 00:21:12
    and sometimes it offers that in a very
  • 00:21:16
    choppy range-bound market and if you put
  • 00:21:19
    too much emphasis on daily range
  • 00:21:21
    expansion directional buys uh you could
  • 00:21:24
    miss out on some really nice moves and I
  • 00:21:25
    don't want to lay that in your lap and
  • 00:21:28
    kind of like Inspire more fear of
  • 00:21:30
    missing out okay but I'm speaking to the
  • 00:21:34
    more refined you as the student not
  • 00:21:37
    right now because you just completed all
  • 00:21:39
    the models you have all the algorithmic
  • 00:21:42
    principles you have the trading plans
  • 00:21:43
    you have the the logic and what's going
  • 00:21:45
    to happen now is you're going to go
  • 00:21:47
    through them and you're going to think
  • 00:21:50
    about which one resonates the most with
  • 00:21:52
    you and it may create a hybrid it it
  • 00:21:55
    might blend one or two or maybe even
  • 00:21:57
    three of them with your own unique model
  • 00:22:00
    you're not limited to just this I'm not
  • 00:22:02
    saying that this is all ICT concepts are
  • 00:22:05
    limited to I wanted to give you a pretty
  • 00:22:09
    broad spectrum of what you can do with
  • 00:22:12
    the things that you learn here and
  • 00:22:13
    obviously I just gave another one on
  • 00:22:15
    YouTube this year and you can make it as
  • 00:22:18
    simple as you want it to be and today
  • 00:22:21
    you know everybody without me even
  • 00:22:23
    talking about what to do they were out
  • 00:22:25
    there going short e mini S&P in NASDAQ
  • 00:22:29
    catching the fa fair value Gap after buy
  • 00:22:31
    side liquidity and running to sell side
  • 00:22:33
    liquidity and they're elated much like
  • 00:22:37
    you will be once you settle in on your
  • 00:22:40
    own unique model and it might be that
  • 00:22:41
    one that I've gave to YouTube there's
  • 00:22:44
    nothing wrong with that but for this
  • 00:22:46
    little pattern here this setup or
  • 00:22:49
    model this Dandy here repeats a lot and
  • 00:22:54
    you can trade this in the morning
  • 00:22:55
    session and you can trade this in the
  • 00:22:56
    afternoon session You Can Be One
  • 00:23:00
    Direction in the morning and the
  • 00:23:01
    opposite direction in the afternoon or
  • 00:23:03
    same direction from the morning and same
  • 00:23:05
    direction in the afternoon if you know
  • 00:23:07
    your Market okay and there's a lot of
  • 00:23:09
    volatility in index Futures and I think
  • 00:23:12
    this one here if you treat it instead of
  • 00:23:14
    20 Pips if you did something like 20
  • 00:23:16
    ticks okay um that would be about five
  • 00:23:21
    points okay or five Handles in the NCP
  • 00:23:24
    or
  • 00:23:26
    NASDAQ one a many One Mini that's $250
  • 00:23:30
    there's nothing wrong with that folks
  • 00:23:31
    there's a lot of people that don't even
  • 00:23:33
    make that in a day gross before taxes so
  • 00:23:37
    if you're able to get five handles you
  • 00:23:39
    know in a session once a day trading One
  • 00:23:43
    Mini contract that's awesome like my son
  • 00:23:45
    literally made equivalent to two weeks
  • 00:23:49
    of his income in his most recent trade
  • 00:23:52
    on the 31st of May and his Elation was
  • 00:23:55
    you know Dad this is really incredible I
  • 00:23:57
    mean he had bigger trades obviously you
  • 00:23:59
    know you'll see some of his statements
  • 00:24:02
    but to sit down and say okay I only want
  • 00:24:04
    to do one contract try to do you know
  • 00:24:07
    what would be my weekly income because
  • 00:24:11
    he gets paid I think it's called
  • 00:24:13
    bi-weekly where you get a check every
  • 00:24:15
    two weeks or something that something
  • 00:24:16
    like that in other words he gets two
  • 00:24:18
    checks a month so he has to work two
  • 00:24:21
    full checks before he gets paid and he
  • 00:24:23
    doesn't get paid a whole lot so
  • 00:24:24
    equivalent to like $400 a week and I
  • 00:24:27
    don't pay for his gas I don't do any of
  • 00:24:29
    things and he didn't complain at all but
  • 00:24:33
    he's sick of his job so we kind of use
  • 00:24:37
    this model here in a blend of what I
  • 00:24:39
    taught on YouTube so if for all of you
  • 00:24:43
    asking you know what is he using to run
  • 00:24:45
    that account up he's not using Enigma
  • 00:24:48
    he's just learning folks I mean he
  • 00:24:50
    really doesn't know a whole lot and I am
  • 00:24:53
    sitting next to him and I'm telling him
  • 00:24:55
    what do you see here and what do you see
  • 00:24:57
    there am I pushing the button for him
  • 00:24:59
    absolutely not am I trading his account
  • 00:25:00
    for him absolutely not is he making poor
  • 00:25:04
    decisions before he pushes the button
  • 00:25:07
    yes am I saying something to prompt him
  • 00:25:09
    to second guess that poor decision yes
  • 00:25:13
    okay
  • 00:25:14
    so this model has a lot to do with what
  • 00:25:18
    he
  • 00:25:19
    does this one right here because he has
  • 00:25:23
    a very short attention span he doesn't
  • 00:25:24
    have a lot of experience so he doesn't
  • 00:25:26
    have that oh this reminds me of that
  • 00:25:29
    other trade or this reminds me of that
  • 00:25:30
    one time when the market does this or
  • 00:25:32
    that he is just looking at Old highs old
  • 00:25:36
    lows fair value gaps after short-term
  • 00:25:39
    little shifts in Market structure
  • 00:25:42
    and it's easy for him to spot it so I'm
  • 00:25:46
    trying to cultivate that you may not
  • 00:25:50
    look at this model and see it as
  • 00:25:52
    something that's viable for you cuz you
  • 00:25:53
    want something more heartier more
  • 00:25:54
    beefier uh something like model 6 and 7
  • 00:25:58
    because you've heard me say that's
  • 00:25:59
    closest all of these to what I actually
  • 00:26:01
    trade like
  • 00:26:03
    and I want you to think about how
  • 00:26:06
    often these little short-term moves
  • 00:26:09
    present themselves and if you're able to
  • 00:26:12
    just lower your
  • 00:26:14
    expectations and also reduce
  • 00:26:19
    your
  • 00:26:23
    well pressure on yourself about doing
  • 00:26:26
    bigger trades
  • 00:26:28
    okay bigger is not necessarily better if
  • 00:26:31
    you can find a lot of 10 point moves in
  • 00:26:35
    an index future I mean think about it
  • 00:26:37
    One Mini that's
  • 00:26:39
    $500 10 Handles in One Mini contract on
  • 00:26:42
    S&P that's
  • 00:26:44
    $500 if you did that three times that's
  • 00:26:46
    $1,500 a week do you make that a week at
  • 00:26:49
    your job How about if you're able to do
  • 00:26:51
    that once a
  • 00:26:53
    day say you get five Pips or not five
  • 00:26:55
    Pips but five Handles in the morning set
  • 00:26:57
    session and five Handles in the
  • 00:26:59
    afternoon session that's 10 or $500 a
  • 00:27:02
    day or $10,000 a month how many of you
  • 00:27:05
    make $10,000 a month so when I'm looking
  • 00:27:08
    at this model I'm teaching it with the
  • 00:27:10
    perspective that don't think it's just
  • 00:27:12
    20 Pips it might be 20
  • 00:27:15
    ticks in the spoze market in Min
  • 00:27:19
    S&P that would be the equivalent so you
  • 00:27:21
    can scale that 20 pip part of it to
  • 00:27:24
    whatever you want it to be don't be
  • 00:27:26
    afraid of saying oh you know I'm going
  • 00:27:28
    to just try to do 10 Pips in Forex
  • 00:27:31
    there's nothing wrong with that you can
  • 00:27:32
    do five 10 pip trades a week and make 50
  • 00:27:35
    Pips a week it's done you've met your
  • 00:27:38
    objective who's going to complain about
  • 00:27:41
    that I just think it's a lot of work you
  • 00:27:44
    know it depends on what you have in
  • 00:27:45
    terms of your time what you have in
  • 00:27:47
    terms of
  • 00:27:51
    your
  • 00:27:54
    well what's the what's the schedule like
  • 00:27:56
    for you do you do you have a whole lot
  • 00:27:58
    of time to do this do you want to be in
  • 00:28:00
    front of the charts all the time do you
  • 00:28:02
    look at this and not see it as stressful
  • 00:28:05
    because a lot of you are going to
  • 00:28:07
    discover that being in front of the
  • 00:28:10
    charts while it can be profitable and I
  • 00:28:12
    can make a whole lot of money if I sit
  • 00:28:14
    in front of these charts all day long I
  • 00:28:15
    can do that but it wears me out and it's
  • 00:28:19
    tiring because in my mind I'm racing to
  • 00:28:21
    get every single price swing how I want
  • 00:28:24
    it so what I like to do is
  • 00:28:28
    go into a specific time of day and
  • 00:28:30
    that's why I created the kill zones so
  • 00:28:32
    if you limit yourself to any one of
  • 00:28:34
    these
  • 00:28:35
    models try to
  • 00:28:38
    emphasize time management because when
  • 00:28:40
    you start getting good you will start
  • 00:28:43
    pushing everyone and everything away and
  • 00:28:46
    you'll just be wanting to be in the
  • 00:28:47
    markets and all of a sudden your
  • 00:28:49
    children will grow up and you don't know
  • 00:28:50
    who they are and that happened to me
  • 00:28:53
    literally
  • 00:28:55
    so if
  • 00:28:58
    you're comfortable with trading index
  • 00:29:00
    Futures you can use that
  • 00:29:02
    20 as a 20 tick or 20 handles or 10
  • 00:29:08
    handles okay whatever you want it to be
  • 00:29:11
    or you can use it as Pips for Forex or
  • 00:29:13
    it could be 20 ticks in the bond market
  • 00:29:16
    okay $31.25 each
  • 00:29:18
    tick that's a good that's a good chunk
  • 00:29:20
    of
  • 00:29:21
    money so if you're doing that over
  • 00:29:24
    multiple contracts as your Equity grows
  • 00:29:27
    you can turn this into whatever your
  • 00:29:30
    imagination can come up with There's No
  • 00:29:33
    Limit but many of you are going to be a
  • 00:29:35
    rush to do this because you've seen many
  • 00:29:37
    times me take small accounts run them up
  • 00:29:40
    real quick it break neck speed and
  • 00:29:43
    honestly I wish I could go back in time
  • 00:29:45
    and undo that I wish I wouldn't have
  • 00:29:47
    done it now because it's made a lot of
  • 00:29:49
    you feel like that that's what's
  • 00:29:51
    expected of you because you're my
  • 00:29:52
    student or you've gone through this
  • 00:29:53
    mentorship and that is not what I want
  • 00:29:55
    any of you to think I don't want you to
  • 00:29:58
    think that okay um could it be a goal
  • 00:30:01
    for some of you absolutely sure you get
  • 00:30:03
    in there and you know go crazy win no
  • 00:30:05
    Robins cup do something you know
  • 00:30:06
    spectacular I would be the first
  • 00:30:08
    cheerleader for you I want to see it but
  • 00:30:13
    some of you just don't want that and you
  • 00:30:14
    just want to make an income guess what
  • 00:30:16
    that's this one here this one right here
  • 00:30:19
    it's easy it's shortterm you don't have
  • 00:30:21
    to hold over day the the whole entire
  • 00:30:23
    day you don't have to hold for it uh you
  • 00:30:24
    don't have to hold overnight no weekend
  • 00:30:26
    Trading you know it's you're in and out
  • 00:30:30
    just like that hit and run trading okay
  • 00:30:32
    that's kind of like what this is really
  • 00:30:34
    specializing in so really looking for
  • 00:30:37
    the daily range
  • 00:30:38
    expansion and that might be just is the
  • 00:30:42
    next session in London going to be a
  • 00:30:46
    session where it expands higher or
  • 00:30:48
    lower or you look at London overnight
  • 00:30:51
    what did it do does it look like it
  • 00:30:53
    wants to run continuously in the same
  • 00:30:55
    direction that London did in New York
  • 00:30:58
    and that range expansion inside the
  • 00:30:59
    daily range okay it doesn't need to be
  • 00:31:01
    the full Daily range you just need the
  • 00:31:04
    expansion inside that same daily candle
  • 00:31:07
    much like we were discussing throughout
  • 00:31:09
    the entire mentorship with these price
  • 00:31:11
    action models we are looking for an
  • 00:31:13
    expansion on the weekly range but we're
  • 00:31:16
    not trying to pick the closing price you
  • 00:31:18
    know what I mean so it's like we're
  • 00:31:19
    looking for a flurry of action like this
  • 00:31:22
    little moment of excitement where it's
  • 00:31:25
    going in a direction we are looking for
  • 00:31:27
    but the technicals and time and price
  • 00:31:29
    all come together perfectly then we can
  • 00:31:36
    engage so I'm going to take you into an
  • 00:31:38
    example here and kind of walk you
  • 00:31:39
    through something that would have been
  • 00:31:41
    feasible with this this is the dollar
  • 00:31:43
    swissy and this is a pair I midly can't
  • 00:31:45
    stand but I know some of you in here
  • 00:31:47
    trade it here is the daily chart and
  • 00:31:50
    looking at the daily chart here you can
  • 00:31:52
    see that we have a fair value Gap here
  • 00:31:54
    we have what will be equivalent to a
  • 00:31:56
    potential swing low forming in here and
  • 00:31:59
    there's been two up Clos candles and it
  • 00:32:02
    might want to expand up into that fair
  • 00:32:04
    value Gap now I do not need and you
  • 00:32:06
    don't need it to actually get up there
  • 00:32:08
    but that's enough to build in a
  • 00:32:10
    short-term bias going into the next
  • 00:32:12
    trading day and if we open below this
  • 00:32:15
    candle's high does it give me an
  • 00:32:18
    opportunity to run that high and get 20
  • 00:32:22
    Pips as you can see the market does in
  • 00:32:25
    fact open it trades down to an order
  • 00:32:27
    Block Level here hits it rallies up
  • 00:32:31
    expands through the previous day's High
  • 00:32:33
    it does not get the fair value got
  • 00:32:35
    discount low it does not need to do
  • 00:32:39
    that all right and on the five minute
  • 00:32:41
    chart here here's the example of what
  • 00:32:44
    this model is looking for and it's
  • 00:32:45
    something you've seen many many times
  • 00:32:47
    it's nothing new I'm not creating
  • 00:32:49
    something new I'm not Reinventing the
  • 00:32:51
    wheel of ICT you've seen this before
  • 00:32:53
    many times but we have the previous St
  • 00:32:57
    high you can see we swept that and then
  • 00:33:00
    it comes back down in to an order block
  • 00:33:02
    here we wait for an expansion swing it
  • 00:33:05
    creates it it breaks a swing high up
  • 00:33:08
    here so all the structure here is broken
  • 00:33:12
    to the upside so we have a shift in
  • 00:33:14
    Market structure it trades back down
  • 00:33:15
    into the fair value Gap that's created
  • 00:33:17
    right here this low is taken out by one
  • 00:33:20
    pipet right there guess what that is
  • 00:33:22
    that is your institutional overflow
  • 00:33:24
    entry drill but the pattern is what fair
  • 00:33:26
    value yeah so you can be a buyer there
  • 00:33:29
    run to the previous day's high so if
  • 00:33:33
    you're buying here at we to say you got
  • 00:33:35
    filled at uh 9605 worst case scenario
  • 00:33:38
    you got slippage you were slow this just
  • 00:33:41
    it is what it is 9605 was your fill
  • 00:33:44
    okay 965 is 10 Pips 9625 guess what that
  • 00:33:49
    is that's your 20 Pips and it doesn't
  • 00:33:51
    even take out the relative equal High sa
  • 00:33:52
    here and you can leave a small portion
  • 00:33:54
    on to see if you can catch a runner and
  • 00:33:57
    there you go so this is like one of
  • 00:34:01
    those always in your back pocket model
  • 00:34:04
    where you know if you want to do an
  • 00:34:07
    exercise with yourself okay go into
  • 00:34:11
    a random pair that you don't like to
  • 00:34:13
    look at you know a lot and during the
  • 00:34:16
    New York session or during the London
  • 00:34:18
    session open it up and do a quick
  • 00:34:20
    exercise on what you think it's going to
  • 00:34:22
    do running out what direction and then
  • 00:34:24
    look for this pattern and I promise you
  • 00:34:26
    you will will be surprised how easy it
  • 00:34:28
    is to find this just like that because
  • 00:34:31
    you know what you're looking
  • 00:34:33
    for what makes this pattern and this
  • 00:34:36
    whole model here not as sexy is because
  • 00:34:39
    it doesn't have Central Bank dealers
  • 00:34:40
    range an Asian session range and flout
  • 00:34:44
    and it doesn't have any standard
  • 00:34:46
    deviations across the chart and it
  • 00:34:49
    doesn't
  • 00:34:51
    have Breakers it doesn't have all the
  • 00:34:55
    things that you want to apply to it it
  • 00:34:56
    doesn't have C
  • 00:34:57
    it doesn't have seasonal tendency
  • 00:34:59
    because you want a PhD at the end of
  • 00:35:02
    your ICT student
  • 00:35:03
    name phds are not required to be
  • 00:35:06
    profitable in the
  • 00:35:07
    marketplace all you need to do is have
  • 00:35:09
    something that works that really
  • 00:35:12
    resonates with your
  • 00:35:14
    personality and this is one of the
  • 00:35:17
    stripped down
  • 00:35:18
    versions of all of them the only thing
  • 00:35:21
    that's less than this one is what I
  • 00:35:23
    showed on YouTube so the most simplest
  • 00:35:26
    one is YouTube and then this one here
  • 00:35:29
    both of them can create a career where
  • 00:35:31
    you don't need to do anything you don't
  • 00:35:33
    need to look at anything else you don't
  • 00:35:34
    need to complicate
  • 00:35:36
    anything where's it likely to draw to
  • 00:35:38
    next and some of you like that's the
  • 00:35:40
    problem if I could just know what the
  • 00:35:41
    bias is I've already taught you bias the
  • 00:35:44
    problem is you haven't done the work to
  • 00:35:46
    practice and get good at it and guess
  • 00:35:48
    what some of you want bias to be
  • 00:35:49
    perfectly accurate for yourself every
  • 00:35:52
    single day and I'm not that way either
  • 00:35:55
    I'm not accurate every single day
  • 00:35:59
    I'm requiring things that to support the
  • 00:36:02
    ideas I'm looking for sometimes I get it
  • 00:36:04
    sometimes I don't and I know when I'm
  • 00:36:06
    likely to get it wrong which is nonfarm
  • 00:36:08
    payroll weeks after Wednesday New York
  • 00:36:11
    session I'm probably going to get it
  • 00:36:14
    wrong so if I know when that's likely to
  • 00:36:16
    occur guess what I'm doing I'm sparing
  • 00:36:18
    myself the
  • 00:36:19
    grief I'm going to be focusing on times
  • 00:36:22
    when I feeling more in tune with the
  • 00:36:24
    marketplace and the Market's more likely
  • 00:36:26
    to get me what I'm looking for
  • 00:36:28
    regardless of what model I'm
  • 00:36:31
    using so now because you have all these
  • 00:36:34
    models in front of
  • 00:36:35
    you some of you probably still feel
  • 00:36:37
    confused that's
  • 00:36:39
    normal because you have to go through
  • 00:36:41
    the work of going through each one of
  • 00:36:43
    these models or one of them and figure
  • 00:36:45
    out which one you want to work on and it
  • 00:36:48
    may build your expectations about
  • 00:36:50
    something else that's not specifically
  • 00:36:53
    taught in one of these models and you
  • 00:36:56
    might blend something from another one
  • 00:36:58
    and then that becomes your unique model
  • 00:37:00
    it's happened already folks I got
  • 00:37:02
    students that have done that or a
  • 00:37:06
    framework from one model but an entry
  • 00:37:08
    strategy in logic with another or maybe
  • 00:37:11
    two and blending that together because
  • 00:37:14
    all these concepts of mine again are
  • 00:37:16
    like that jigsaw puzzle where it just
  • 00:37:18
    they all
  • 00:37:19
    connect and all you need to know is this
  • 00:37:22
    one little thing like this where it goes
  • 00:37:24
    here and it's probably going to go above
  • 00:37:25
    there you don't need to know it's going
  • 00:37:27
    to go up there don't be like the yahoos
  • 00:37:29
    over there on Instagram Twitter and
  • 00:37:31
    Facebook who want to make you believe
  • 00:37:34
    that they knew this high was going to
  • 00:37:35
    form or they're always doing 200 to1 R
  • 00:37:39
    multiple trades or 50 to1 R multiple
  • 00:37:41
    trades but yet they're still showing
  • 00:37:43
    examples where they're only trading with
  • 00:37:44
    one micro
  • 00:37:46
    lot does the math support that
  • 00:37:49
    no no so all you're looking for is these
  • 00:37:54
    small little surgical strikes with this
  • 00:37:57
    model small little get in and get out
  • 00:37:59
    hit and run trading okay that's what I
  • 00:38:01
    used to call it on a miracle online get
  • 00:38:04
    in get your money and run and let them
  • 00:38:08
    have all the extra you leave on the
  • 00:38:09
    table who cares this pattern repeats so
  • 00:38:12
    many times you don't need the full move
  • 00:38:14
    but you understand how to leave a runner
  • 00:38:17
    on after taking the bulk of your
  • 00:38:18
    trade-off so if you took this long here
  • 00:38:20
    and you know you're looking for this
  • 00:38:21
    previous days high to be taken out but
  • 00:38:23
    you also have these relative equal highs
  • 00:38:25
    80% of your trade comes off as soon as
  • 00:38:26
    it crosses that candle's High one pip
  • 00:38:29
    head just one pip head above that you're
  • 00:38:32
    done 80% of the trade comes off bang you
  • 00:38:34
    roll your stop to something plus you
  • 00:38:37
    know Break Even you don't want to be
  • 00:38:38
    just that break even you want to put
  • 00:38:39
    something in in your pocket in case it
  • 00:38:41
    comes back against
  • 00:38:43
    you and let's see what it
  • 00:38:47
    does in this event it goes above this
  • 00:38:49
    High here we'll call it 25 it's 10 20 30
  • 00:38:54
    Pips well you know about that right
  • 00:38:58
    10 20 30 Pips above an old high or below
  • 00:39:00
    an old
  • 00:39:02
    low there it is that's where you can
  • 00:39:06
    take your scaling 80% comes off here so
  • 00:39:08
    that means you got 20% right well it
  • 00:39:10
    runs up 10 PS more take another partial
  • 00:39:13
    off let the runner go to another
  • 00:39:16
    objective of 10 or 15 or 20 and then or
  • 00:39:20
    Trail your stop loss underneath the
  • 00:39:23
    candles when they close squeeze it up
  • 00:39:25
    air that's out of Alexander Elders book
  • 00:39:28
    trading for a living I did that a lot as
  • 00:39:30
    a commodity Trader and it always used to
  • 00:39:31
    come back and knock me out because
  • 00:39:33
    institutional Oro entry drill that I
  • 00:39:35
    didn't know about then and it would take
  • 00:39:37
    me out and then it would continuously
  • 00:39:39
    move up and I'd be mad I didn't get that
  • 00:39:41
    last four cents in the grain
  • 00:39:45
    market I missed $200 and I was mad about
  • 00:39:48
    that and sometimes I would get stopped
  • 00:39:49
    out and go back in mad because they
  • 00:39:51
    stopped me out not realizing that it's
  • 00:39:53
    about to turn around go the other
  • 00:39:55
    direction so
  • 00:39:57
    anyway I
  • 00:39:59
    digress I believe that you have been
  • 00:40:02
    equipped with in my opinion and I'm
  • 00:40:05
    obviously biased but I believe I have
  • 00:40:08
    equipped you with the absolute best in
  • 00:40:11
    terms of technical
  • 00:40:14
    understanding uh I've given you skills
  • 00:40:17
    and Concepts that will hopefully serve
  • 00:40:21
    you and your family exceedingly
  • 00:40:25
    well will all of you become millionaires
  • 00:40:29
    no will you be better than the average
  • 00:40:32
    person out there trading I believe yes
  • 00:40:36
    but I'm biased if you've been fumbling
  • 00:40:38
    around through the content and not
  • 00:40:40
    really been serious about doing it just
  • 00:40:42
    Netflix watching you know just putting
  • 00:40:45
    videos in and watching them and seeing
  • 00:40:47
    what happens and thinking that's going
  • 00:40:49
    to do it hopefully by now you've
  • 00:40:51
    discovered that's not what it is look
  • 00:40:54
    around everybody that's doing these
  • 00:40:55
    trades and showing you examples they're
  • 00:40:57
    in there working really hard they're
  • 00:41:00
    hungry they want to get it and learn it
  • 00:41:03
    and because some of you are acting all
  • 00:41:05
    bougie like you're in here like this is
  • 00:41:07
    the you
  • 00:41:09
    know there's a place down in Florida
  • 00:41:11
    called 30A and uh we frequent it a lot
  • 00:41:15
    down
  • 00:41:16
    here and these these people are very
  • 00:41:19
    snobbish like very snoody
  • 00:41:24
    and for Life me I don't understand why
  • 00:41:26
    body think that way about themselves but
  • 00:41:28
    I'm walking through there I probably got
  • 00:41:29
    more money than all of them
  • 00:41:31
    and that's sometimes the attitude that
  • 00:41:35
    my veteran students have here okay it's
  • 00:41:38
    like well you know I don't need to do
  • 00:41:41
    that but if you're not really doing well
  • 00:41:43
    in the content just because you're part
  • 00:41:45
    of our community you're really not doing
  • 00:41:47
    what it is you should supposed to be
  • 00:41:49
    doing so what's holding you
  • 00:41:53
    back you have to do it and it might be
  • 00:41:56
    you don't want to feel like you've done
  • 00:41:59
    it wrong so it just feels better to
  • 00:42:01
    entertain yourself watching videos and
  • 00:42:03
    keep telling yourself oh well you know
  • 00:42:05
    there's something will happen he'll
  • 00:42:06
    teach something easy and it'll be like a
  • 00:42:08
    push a button it'll jump off the page
  • 00:42:10
    and there it is that has never happened
  • 00:42:12
    yet has it the closest thing is what
  • 00:42:15
    I've given on YouTube that's the closest
  • 00:42:18
    it's going to get there's nothing else I
  • 00:42:19
    can make it any easier than that like
  • 00:42:21
    that is the limit of ICT making it
  • 00:42:24
    simple I cannot make it any more planer
  • 00:42:27
    than that so if none of these models
  • 00:42:30
    here have scratched that itch and the
  • 00:42:32
    YouTube model hasn't scratched the it
  • 00:42:34
    for you I'm tapped Out folks okay
  • 00:42:38
    there's nothing else I can do to make it
  • 00:42:41
    happen for
  • 00:42:42
    you you have to put the work behind you
  • 00:42:44
    got to roll your sleeves up and say you
  • 00:42:46
    know what I want to get in here and do
  • 00:42:48
    it because there is no other
  • 00:42:53
    videos now you're listening to the last
  • 00:42:57
    one this is the last ICT mentorship
  • 00:43:00
    video anything that goes on inside of
  • 00:43:02
    our mentorship now will be posted in the
  • 00:43:04
    Forum it'll be posted by me as a chart
  • 00:43:07
    there won't be any of that tonight
  • 00:43:09
    because you have had a number of these
  • 00:43:11
    videos these price action model
  • 00:43:13
    algorithmic uh videos posted to the form
  • 00:43:16
    tonight so you all have them they I'll
  • 00:43:17
    be downloading them watching them or
  • 00:43:19
    whatever or completing the rest of your
  • 00:43:22
    downloading I've extended the grace
  • 00:43:24
    period to Friday
  • 00:43:27
    at 9:00 at 9:00 The Forum will have only
  • 00:43:31
    the charter member area in it there will
  • 00:43:33
    not be any commentary section threads
  • 00:43:36
    there will not be any kind of price
  • 00:43:38
    action model threads so you need to
  • 00:43:39
    download these videos folks okay
  • 00:43:43
    and put them where you feel secure in
  • 00:43:46
    having
  • 00:43:48
    them and then we'll continue obviously
  • 00:43:50
    on our journey together in the form much
  • 00:43:54
    like it was on baby Pips where it we all
  • 00:43:56
    communicated typing out things and
  • 00:43:59
    sharing charts trust me I love that
  • 00:44:03
    because it's quick it's easy it's
  • 00:44:05
    efficient and I don't have to do all
  • 00:44:07
    these videos
  • 00:44:09
    anymore and I don't want my life to
  • 00:44:13
    be all this okay I want to teach I want
  • 00:44:16
    to enjoy teaching but I need my time
  • 00:44:19
    back and you'll have your time back too
  • 00:44:22
    you won't be sitting and listening to
  • 00:44:23
    these long-winded droning on
  • 00:44:26
    you messages that you probably don't
  • 00:44:28
    want to listen
  • 00:44:30
    to but for all of you that have come
  • 00:44:32
    this far I want to congratulate you you
  • 00:44:36
    have
  • 00:44:36
    endured some of the hardest things to
  • 00:44:40
    learn you may not have them underneath
  • 00:44:42
    your belt yet you may not be proficient
  • 00:44:45
    with all of it yet but you have endured
  • 00:44:48
    what many people have come into
  • 00:44:52
    my company and started to learn and for
  • 00:44:58
    whatever reason tapped out and said I
  • 00:45:00
    can't do
  • 00:45:01
    it you
  • 00:45:03
    didn't that
  • 00:45:05
    deserves an applaud because it's so easy
  • 00:45:10
    to tap out because it's not easy
  • 00:45:13
    learning it it's not easy encountering
  • 00:45:16
    those demons that every one of us have
  • 00:45:19
    and these charts are mirrors they're
  • 00:45:21
    going to reflect back what you have
  • 00:45:24
    inside
  • 00:45:27
    if you're angry impatient you're going
  • 00:45:29
    to see that in these charts and it's
  • 00:45:30
    going to manifest in your
  • 00:45:32
    actions if you're scared and
  • 00:45:34
    apprehensive these charts are going to
  • 00:45:36
    show that and it's going to manifest in
  • 00:45:38
    your
  • 00:45:39
    traits if you're
  • 00:45:42
    grounded you're not moved by emotion you
  • 00:45:45
    don't fear missing anything and you're
  • 00:45:47
    not
  • 00:45:48
    greedy it's going to manifest itself in
  • 00:45:50
    your traits and you're going to be
  • 00:45:53
    consistently moving in the right
  • 00:45:54
    direction with that mindset
  • 00:45:57
    it's been my goal and will remain to be
  • 00:45:59
    my goal to have all of you get aligned
  • 00:46:02
    with that latter mindset however you
  • 00:46:05
    have to prune all those bad habits that
  • 00:46:07
    you know what they are when you're
  • 00:46:09
    journaling you keep the bad toxic stuff
  • 00:46:11
    out when you're in form you don't post
  • 00:46:14
    anything negative not because I want a
  • 00:46:16
    sugary sweet and bubble gums and you
  • 00:46:18
    gumdrops in
  • 00:46:20
    here but there's a way of talking about
  • 00:46:23
    adversity you know being all emotional
  • 00:46:27
    about it or angry and venting that's
  • 00:46:30
    this is not where you do that you don't
  • 00:46:32
    do it in your Journal either take
  • 00:46:34
    yourself a drive and talk to yourself
  • 00:46:36
    say you know I need this I need this
  • 00:46:39
    this this this to be handled but then
  • 00:46:41
    get it out of your your system but then
  • 00:46:43
    go back to your journal and then selft
  • 00:46:46
    talk cheerlead yourself go back into do
  • 00:46:49
    the charts and you'll see that it is
  • 00:46:54
    therapy or don't and stay exactly how
  • 00:46:59
    you are right now because unless you
  • 00:47:02
    make
  • 00:47:03
    changes in the order of what you do in
  • 00:47:06
    the processes that you do you're not
  • 00:47:09
    going to get better at this because you
  • 00:47:12
    have to take action you have to put
  • 00:47:15
    effort behind it and the amount of
  • 00:47:18
    effort that you think you've already put
  • 00:47:20
    in it's probably not even close to
  • 00:47:22
    what's required for your unique
  • 00:47:24
    experience
  • 00:47:26
    so are you going to quit you're going to
  • 00:47:28
    tap out and say it's too hard it didn't
  • 00:47:29
    happen for me I already went to the
  • 00:47:31
    Charter level went to the last price
  • 00:47:33
    action my model you know he gave us all
  • 00:47:36
    this stuff and I don't know how to do it
  • 00:47:38
    yet when there's other people already
  • 00:47:40
    doing it so the question is is why are
  • 00:47:43
    they able to do it and you're
  • 00:47:45
    not they're doing something that you
  • 00:47:47
    aren't what is that continuously trying
  • 00:47:51
    to improve and that's all you need to do
  • 00:47:54
    it'll happen for you you just got to
  • 00:47:56
    trust the process and it may take longer
  • 00:47:59
    than what you originally thought exactly
  • 00:48:01
    how I promised it would
  • 00:48:03
    be so I'll talk to you next time in the
  • 00:48:06
    Forum not in video obviously you'll
  • 00:48:09
    probably hear me in YouTube tomorrow
  • 00:48:10
    night but in the for we will be
  • 00:48:13
    communicating by way of threads the
  • 00:48:15
    thread will be locked down for me only
  • 00:48:16
    so that way you won't be cluttered up
  • 00:48:18
    but it'll be my post that way everybody
  • 00:48:20
    can track what I'm doing on a day-by-day
  • 00:48:21
    basis and I think that's going to be it
  • 00:48:24
    until I talk to you next time be safe
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