ICT Charter Price Action Model 12 - Trade Plan & Algorithmic Theory
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
- πΊοΈ This model focuses on 20 Pips per intraday trade.
- βοΈ Sets a 20 Pip limit for stop losses to manage risk.
- π Utilizes a five-stage trade planning process.
- π Preparation includes observing key market events.
- π Opportunity is found in 15-minute chart setups.
- β° Trades executed in high-probability Kill Zones.
- π Stop loss is adapted as trade progresses towards target.
- π‘ Stresses long-term precision over short-term gains.
- π Balance between market movements and risk is crucial.
- π 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.
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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- 00:00:00all right so this is price action model
- 00:00:02number 12 this is a scalping model it is
- 00:00:0520 Pips intraday trade model and like
- 00:00:09the previous trade plan for model number
- 00:00:1211 this is again what is considered a
- 00:00:14bread and butter type model it's not
- 00:00:18meant to be a Beall and all it's one of
- 00:00:22those models where there's something to
- 00:00:24find every single day so it's a bread
- 00:00:26and butter setup because it's a bread
- 00:00:29and butter setup it is not going to have
- 00:00:31a high R multiple attached to it that is
- 00:00:34not to say that you can't apply like one
- 00:00:37minute scalping and reduce it down and
- 00:00:40make it even tighter in terms of risk
- 00:00:42but as you'll see it's about as low as I
- 00:00:45want to go with a stop loss um
- 00:00:47personally my lowest is about 15 Pips
- 00:00:49but as a mentor I'm trying to keep you
- 00:00:52around that 20 pip threshold for stop
- 00:00:54losses the reason is it's going to take
- 00:00:56you decades to get really really good
- 00:00:59and precise and even when you obtain a
- 00:01:02certain degree of
- 00:01:04precision the market is still apt to
- 00:01:07move Beyond you know 15 Pips or 10 Pips
- 00:01:11or don't ever subscribe to anyone
- 00:01:14telling you they use a five pip stop
- 00:01:15loss or a two pip stop loss uh this I
- 00:01:18just felt it
- 00:01:20was needed to be said here because
- 00:01:22there's a lot of yahoos out there that
- 00:01:24are taking my content and trying to
- 00:01:26Rebrand it and showing fake trades and
- 00:01:28fake this and fake that and they're not
- 00:01:31trading with two pip stop losses because
- 00:01:33if they could do that they would do it
- 00:01:34on trading View and record it as it's
- 00:01:36happening and you don't see that
- 00:01:46happening all right again it's the ICT
- 00:01:49price action model number 12 it is a 20
- 00:01:51pit per trade plan and it's anchored on
- 00:01:54an intraday scalping
- 00:01:58model
- 00:02:02like every trading plan we use the five
- 00:02:06stages of trade plan
- 00:02:08development versus
- 00:02:10preparation opportunity
- 00:02:13Discovery trade planning trade execution
- 00:02:18and trade
- 00:02:22management all right our preparation is
- 00:02:24going to be noting all medium and high
- 00:02:26impact events for the markets that
- 00:02:28you're following we're going to study
- 00:02:30the events on the week to come and
- 00:02:32consider how the current market
- 00:02:33structure and the calendar events may
- 00:02:36suggest a specific weekly profile for
- 00:02:38that week's
- 00:02:39range
- 00:02:41basically we're looking at that Weekly
- 00:02:43expansion okay we're trying to find
- 00:02:45which direction now notice I said
- 00:02:48Direction not specific price level not
- 00:02:51where the weekly close is going to be
- 00:02:53we're trading in that inside that Weekly
- 00:02:56bias that would expand more one-sided
- 00:03:00than the other it doesn't matter if we
- 00:03:01close unchange or even reverse intra
- 00:03:03week all we need for a model like this
- 00:03:07is to know which side is most likely
- 00:03:09going to expand higher or lower relative
- 00:03:12to its weekly chart the very next weekly
- 00:03:15candle before it even starts trading on
- 00:03:18Sunday where is the most likelihood of
- 00:03:21it moving is it moving higher or is it
- 00:03:23moving lower that's the only thing you
- 00:03:28need
- 00:03:30preparation we're going to be
- 00:03:32determining the ipto data range of the
- 00:03:34last 20 trading days now we're not
- 00:03:37needing or requiring 40 or 60 day look
- 00:03:39back only the last 20 trading days and
- 00:03:42again we do not count Sundays we're
- 00:03:45going to be noting the highest high and
- 00:03:47the lowest low in the past 20 trading
- 00:03:49days this is your current dealing
- 00:03:54range inside this dealing range we will
- 00:03:57look for the next draw on liquidity
- 00:03:59where where is Price likely to trade to
- 00:04:01next below which old low above which old
- 00:04:05high we look for a PD array in the
- 00:04:08direction of the weekly range bias
- 00:04:10that's what I just mentioned before
- 00:04:12going into the preparation stage of this
- 00:04:14trade plan in other words we're looking
- 00:04:16for most likelihood in terms of it
- 00:04:18moving and expanding on that Weekly
- 00:04:20candle that's just opened on the next
- 00:04:22Sunday to come is it more likely to
- 00:04:24trade higher or
- 00:04:28lower this is what we'll be using and
- 00:04:30we're going to be targeting external
- 00:04:32range
- 00:04:34liquidity we anticipate price to move to
- 00:04:37an order block that has a fair value Gap
- 00:04:40with it that would support our weekly
- 00:04:42bias on a day and news release found on
- 00:04:45the economic calendar for the current or
- 00:04:47next trading week this volatility
- 00:04:50injection is what we wait for this would
- 00:04:53be a run based on a low resistance
- 00:04:55liquidity run
- 00:04:58condition opportunity Discovery we look
- 00:05:00for 20 pip ranges on a 15minute chart
- 00:05:04that would enable a run to buy side
- 00:05:06liquidity when bullish institutional
- 00:05:07order flow is present or Target the sell
- 00:05:11side liquidity when bearish
- 00:05:12institutional order flow is present as
- 00:05:15you can see here this is a 15minute time
- 00:05:18frame and the idea is we're going to be
- 00:05:20targeting external range
- 00:05:22liquidity using the kill zones and again
- 00:05:26fair value Gap with order block
- 00:05:30and on a five minute chart it would look
- 00:05:34like
- 00:05:34this you have your order block fair
- 00:05:37value Gap New York session and running
- 00:05:41to that 15-minute old high for external
- 00:05:43range
- 00:05:47liquidity trade planning when the market
- 00:05:50is poised to decline we want to look for
- 00:05:53a convergence of both manipulation and
- 00:05:55price opposite to our trade bias at a
- 00:05:58time the economic calendar suggests a
- 00:06:00volatility injection will likely
- 00:06:03unfold we will short 15-minute premium
- 00:06:06fair value gaps with bearish order
- 00:06:12blocks when the market is poised to
- 00:06:14Rally we want to look for a convergence
- 00:06:16of both manipulation and price opposite
- 00:06:19to our trade bias at a time the economic
- 00:06:22calendar suggests a volatility injection
- 00:06:24will likely unfold we will buy 15minute
- 00:06:27discount fair value gaps Plus
- 00:06:30bullish order block
- 00:06:31setups so in other words the order block
- 00:06:35that we're
- 00:06:37utilizing it can occur or form outside
- 00:06:41the Kill Zone but the return to the
- 00:06:44order block must be inside the Kill Zone
- 00:06:47of either New York or
- 00:06:50London okay let me say that again the
- 00:06:53order block can reside or be formed
- 00:06:56during the time of day that is not
- 00:06:57classically defined as an IC Kill Zone
- 00:07:00so other words it could be forming
- 00:07:01between 5:00 in the morning and 7:00 in
- 00:07:04the morning New York time so that would
- 00:07:06be like in our quiet time you know
- 00:07:09London lunch or something like that
- 00:07:11we're not anticipating a lot there but
- 00:07:13we still refer to the price action
- 00:07:15between those two hours 5:00 and 7:00 so
- 00:07:20while that is relatively quiet to us we
- 00:07:23can refer to order blocks that exist
- 00:07:25there same way during the time that
- 00:07:28creates the Central Bank deal
- 00:07:30range uh that is not a time when we
- 00:07:32actually T try to trade but we can refer
- 00:07:35to blocks that occur or fair value gaps
- 00:07:39that occur during that time it's not
- 00:07:41always the case that it forms but I'm
- 00:07:43just throwing this in here as another uh
- 00:07:45point of reference but the return to the
- 00:07:49fair value Gap and the order block both
- 00:07:52bearish or bullish relative to our
- 00:07:54bullish or bearish consideration using
- 00:07:56this trade
- 00:07:58plan the return to the order block and
- 00:08:00fair value Gap that must that absolutely
- 00:08:04must be during an ICT Kill Zone
- 00:08:07otherwise it's not a viable
- 00:08:09trade trade executions when we are
- 00:08:12bearish we will anticipate a 5 minute
- 00:08:16premium fair value Gap coupled with a
- 00:08:19bearish order block to form on a
- 00:08:2115-minute retracement higher now before
- 00:08:24I go any further the stage on this is
- 00:08:26based on that 15-minute time frame
- 00:08:28that's your stage the setup forms on the
- 00:08:315 minute
- 00:08:32chart and it must occur during London
- 00:08:36open and or New York open kill
- 00:08:39zones when we are bullish we will
- 00:08:42anticipate a 5 minute discount fair
- 00:08:44value Gap plus bullish order block to
- 00:08:47form on a 15minute retracement lower
- 00:08:50during London open Andor New York open
- 00:08:52kill
- 00:08:56zones short trade management when we we
- 00:08:59are entering a short we will place a
- 00:09:01cell limit order we will execute with
- 00:09:04our demo account we will use the
- 00:09:06institutional order flow entry drill
- 00:09:09minus 5 Pips as our entry price when
- 00:09:12using the sell limit
- 00:09:19order when we're entering along we will
- 00:09:22place a buy limit order we will execute
- 00:09:24with our demo account we will use the
- 00:09:26institutional order flow entry drill
- 00:09:28Plus five Pips as our entry price when
- 00:09:31using the buy limit order again the
- 00:09:34orders are placed relative to a five
- 00:09:36minute chart so your institution
- 00:09:38orderflow entry drill price level is
- 00:09:41going to be derived from the 5
- 00:09:46minute when we're entering a short we
- 00:09:48will place a sell limit order to take 20
- 00:09:50Pips as our objective on a single
- 00:09:52position if you capture a 20 pip
- 00:09:54objective close the order via a buy
- 00:09:57limit order and wait for another op
- 00:10:01opportunity when we are entering along
- 00:10:04we will place a by limit order to take
- 00:10:0620 Pips as our objective on a single
- 00:10:08position if you capture a 20 pip
- 00:10:10objective close the order via cell limit
- 00:10:12order and wait for another opportunity
- 00:10:15long story short we're entering on a
- 00:10:17limit and we as soon as we enter we have
- 00:10:19our profit objective in the form of a
- 00:10:23counter limit and the order sits there
- 00:10:27we don't monkey around with it we don't
- 00:10:29think about it we don't obsessively
- 00:10:30compulsively worry we put the stop in we
- 00:10:33put the limit order in for 20 Pips and
- 00:10:35we let it go it's either going to stop
- 00:10:37you out or it's going to move to your
- 00:10:39profit
- 00:10:43objective stop loss management stop-
- 00:10:46loss opens with 20 pip
- 00:10:48risk when we are in profit 10 Pips of
- 00:10:52our expected 20 pip objective stop loss
- 00:10:55can be reduced by 10 Pips this cuts the
- 00:10:58risk in half worst casee scenario you
- 00:11:02get stopped out from entry at a full 20
- 00:11:04pip stop
- 00:11:05loss a better scenario is as you start
- 00:11:08moving towards your 20 pip
- 00:11:10objective if you get 10 Pips locked in
- 00:11:13you can reduce your stop loss by 10 Pips
- 00:11:16so if you do see a return on your stop
- 00:11:19you're only going to get knocked off
- 00:11:20with half of what your initial risk was
- 00:11:23so you want to be a little bit
- 00:11:25aggressive with this lower time frame
- 00:11:27scalping model and this is one way you
- 00:11:29can do that when we are in profit 15
- 00:11:32Pips of our expected 20 pip objective
- 00:11:35stop loss can be reduced to break
- 00:11:37even that's important and I'll read it
- 00:11:40again when we are in profit 15 Pips of
- 00:11:43our expected 20 pip objective stop loss
- 00:11:46can be reduced by break even now why did
- 00:11:51I add this here well I can tell you when
- 00:11:53I first started practicing and doing
- 00:11:55drills on one and five minute charts
- 00:11:58with a model that was very close to this
- 00:12:00one it offered many times 12 to 15 Pips
- 00:12:05and I'd be expecting those 20 and then
- 00:12:07it would return on me and I would get
- 00:12:09stopped out with a loss so as you move
- 00:12:12towards 10 Pips in
- 00:12:14profit the 20 pip objective that you're
- 00:12:16waiting for and your limit order to you
- 00:12:18know take you out of the
- 00:12:20trade you have reduced with the
- 00:12:22paragraph above stating that if you're
- 00:12:25in 10 Pips profit which is half of what
- 00:12:27you expect to make then you reduce the
- 00:12:30stop loss by 10 Pips
- 00:12:35so that's better than taking a full stop
- 00:12:39but there's many times where if it can
- 00:12:42see 15
- 00:12:45Pips it'll go 15 Pips 16 Pips and fail
- 00:12:48to expand that 20 pip threshold and
- 00:12:51limit you out so I don't like to be in
- 00:12:54those situations where I'm that close to
- 00:12:56profit and not in a position where where
- 00:12:58I can be stopped out with break even so
- 00:13:02I don't care about winning every time I
- 00:13:04am caring more about managing the risk
- 00:13:07because that in itself will take care of
- 00:13:09the bottom line for
- 00:13:14you money
- 00:13:16management position size calculation
- 00:13:20formula position size equals account
- 00:13:23Equity times r% divided by stop- loss in
- 00:13:27Pips position size is the amount of
- 00:13:30Leverage your trade or trades
- 00:13:32assume account Equity is the total
- 00:13:35amount in your trading account R percent
- 00:13:38is the percent of risk you are willing
- 00:13:40to take on per
- 00:13:41trade the difference between your entry
- 00:13:44price and your stop loss is the number
- 00:13:46of Pips you will use to divide the
- 00:13:48result of equity time
- 00:13:52r% all right and our first example of
- 00:13:55our hypothetical account Equity of
- 00:13:57$10,000 risk for trade on this model is
- 00:14:011% and or 10,000 time 1% or
- 00:14:07$100 stop required for the trade is 20
- 00:14:09Pips in micr lots that means every 1K
- 00:14:12Leverage is 10 cents per pip using a
- 00:14:16model like this with 20 Pips as our
- 00:14:18go-to for our standard stop-loss
- 00:14:21threshold 20 Pips at 10 cents equals
- 00:14:252s $100 or % of 10,000 divided by those
- 00:14:30same $ two equals The Leverage of 50
- 00:14:34microts per trade or 1% of the account
- 00:14:36Equity always round
- 00:14:40down in our next example using mini Lots
- 00:14:4410K leverage or $1 per pip everything
- 00:14:48remaining the same hypothetical $10,000
- 00:14:51in our Equity using a 1% risk or $100
- 00:14:55with a stop required for the model at 20
- 00:14:58Pips
- 00:14:5920 Pips at $1 gives us
- 00:15:02$20 that $2 divided into 100 or 1% of
- 00:15:0710,000 gives us the potential to trade
- 00:15:10with five mini Lots per trade or 1% of
- 00:15:12the account Equity again always rounding
- 00:15:18down and lastly this model and the 20
- 00:15:22Pips and 1% risk does not allow us to
- 00:15:25trade with a standard lot so it's not
- 00:15:27applicable here
- 00:15:32if your demo account takes a loss on a
- 00:15:33trade and it is the full R percent you
- 00:15:35assumed drop the r% by 50% and when the
- 00:15:38loss is recovered by 50% you are
- 00:15:41permitted to return to the maximum r%
- 00:15:43per trade if the reduced R per trade
- 00:15:45assumes a loss reduce the r perc by 50%
- 00:15:49until the previous trade loss is
- 00:15:50recovered by
- 00:15:5450% if you take a series of five winning
- 00:15:56trades in a row drop your R percent by
- 00:15:5950% you are likely to assume a loss
- 00:16:02eventually and this will build in equity
- 00:16:04leveling and reduce the likelihood of a
- 00:16:06large draw down you want a smooth Equity
- 00:16:09curve that slopes or stair steps higher
- 00:16:11not erratic distribution with deep
- 00:16:16declines okay folks start back testing
- 00:16:21collect multiple sample sets with this
- 00:16:22trade plan if you're unclear about some
- 00:16:25of the process rewatch The lessons to
- 00:16:27this price action model
- 00:16:29I will provide sample sets but do not
- 00:16:31rely or wait for mine dig into your
- 00:16:33charts and study what was provided here
- 00:16:35this is model number
- 00:16:3712 algorithmic Theory and lecture for
- 00:16:41the scalping model and it focuses on 20
- 00:16:43Pips per trade this one here is kind of
- 00:16:47like one of those Bread andb Butter
- 00:16:49setups these tend to repeat a lot uh
- 00:16:53there's generally something like this
- 00:16:55every single trading day you'll have to
- 00:16:56look through obviously a lot of the p
- 00:16:58pirs and Futures markets but something
- 00:17:01is running out a previous day's High
- 00:17:05okay or previous day's
- 00:17:07low or making an attempt to do that okay
- 00:17:10so let me make sure you have that in
- 00:17:12your
- 00:17:12notes you may expect the market to Rally
- 00:17:15up to take out a previous day's high but
- 00:17:18if it offers 20 Pips before it gets to
- 00:17:20that previous day's high that fits in
- 00:17:22this model
- 00:17:25so I think if you've been paying
- 00:17:27attention this is what I said before we
- 00:17:29even started the charter membership okay
- 00:17:32before I even started doing price action
- 00:17:34models I've warned all of you in the
- 00:17:37recordings leading up to
- 00:17:39it that you're going to find that these
- 00:17:42models overlap there's a lot of similar
- 00:17:45things and your mind should be thinking
- 00:17:47this looks similar to this and this
- 00:17:49feels like that and because they're all
- 00:17:53connected over time how much time I
- 00:17:55don't know but each of you if given
- 00:17:57enough time working with them studying
- 00:17:59them your mind will start seeing how all
- 00:18:03of them plug together and it gives you
- 00:18:05like this
- 00:18:08tapestry how they all connect when one's
- 00:18:11doing something and when it ends another
- 00:18:13model starts working so there's always
- 00:18:15something that moves and Gates between
- 00:18:18the
- 00:18:20marketplace that's why some days when
- 00:18:23it's really nice in terms of volatility
- 00:18:27I can go in there and I can buy and sell
- 00:18:29and buy and sell and move from one thing
- 00:18:31to the next like Spider-Man you know web
- 00:18:32singing and to a neoy or someone's in
- 00:18:35training for a while and they see that
- 00:18:37in my recordings where I'm doing the
- 00:18:39executions both sides of the marketplace
- 00:18:41getting out at the highs getting short
- 00:18:44going down to the lows covering short
- 00:18:46and going
- 00:18:47long there isn't a market environment
- 00:18:49that sees that repeat a lot but when it
- 00:18:52does manifest
- 00:18:54itself you can use this model for
- 00:18:57intraday web swinging okay it's uh it's
- 00:19:03very fun to practice in a demo doing it
- 00:19:05but I don't want you to think and go out
- 00:19:07there with a live account and start
- 00:19:08doing it because none of you are right
- 00:19:11at that level yet don't be put off by
- 00:19:14that comment trust me when I tell you
- 00:19:16especially in the market volatility we
- 00:19:18have today in the last 18 months or two
- 00:19:21years or so um it's
- 00:19:25very difficult okay to find
- 00:19:29real nice pristine symmetry in the
- 00:19:31marketplace it's really shortlived when
- 00:19:34it happens you got to get it secure the
- 00:19:36money and go okay and try not to be
- 00:19:39thinking at the end of every trade you
- 00:19:41disclosed there should be an alternative
- 00:19:43trade okay that's a neoy that is someone
- 00:19:46that is a gambler and someone that feels
- 00:19:48like they got to be in the market all
- 00:19:49the time because they're afraid of
- 00:19:51missing something or they're addicted to
- 00:19:52winning okay or addicted to just the
- 00:19:54action alone so this model can present a
- 00:19:57Gam a lot of problems and you have to be
- 00:20:00careful that you don't go in here and
- 00:20:03try to abuse this one because it's there
- 00:20:07all the time but you have to be careful
- 00:20:10what you're doing and try not to be uh
- 00:20:13you know a
- 00:20:14gambler or a action Hound or a junkie
- 00:20:17put it that way so this model you know
- 00:20:20it's built on the daily range expansion
- 00:20:22so you're not really relying on anything
- 00:20:24from the weekly and all you have to do
- 00:20:26is try to figure out at the beginning of
- 00:20:28the day is it likely to run for previous
- 00:20:31day's high or previous day's low or
- 00:20:33expand in either one of those
- 00:20:36directions allowing for 20 Pips okay so
- 00:20:40it's really an intraday model that takes
- 00:20:43advantage of volatility without bias
- 00:20:46really uh because you could really flip
- 00:20:48a quarter and heads by Tails short and
- 00:20:52as long as you know what you're looking
- 00:20:53for through Market structure intraday
- 00:20:56volatility chances are can probably find
- 00:20:58a 20 pip Runner intraday and really be
- 00:21:02against the daily range expansions I'm
- 00:21:04saying that just to get your gears
- 00:21:06turning because there's a lot of
- 00:21:09volatility in the markets today
- 00:21:12and sometimes it offers that in a very
- 00:21:16choppy range-bound market and if you put
- 00:21:19too much emphasis on daily range
- 00:21:21expansion directional buys uh you could
- 00:21:24miss out on some really nice moves and I
- 00:21:25don't want to lay that in your lap and
- 00:21:28kind of like Inspire more fear of
- 00:21:30missing out okay but I'm speaking to the
- 00:21:34more refined you as the student not
- 00:21:37right now because you just completed all
- 00:21:39the models you have all the algorithmic
- 00:21:42principles you have the trading plans
- 00:21:43you have the the logic and what's going
- 00:21:45to happen now is you're going to go
- 00:21:47through them and you're going to think
- 00:21:50about which one resonates the most with
- 00:21:52you and it may create a hybrid it it
- 00:21:55might blend one or two or maybe even
- 00:21:57three of them with your own unique model
- 00:22:00you're not limited to just this I'm not
- 00:22:02saying that this is all ICT concepts are
- 00:22:05limited to I wanted to give you a pretty
- 00:22:09broad spectrum of what you can do with
- 00:22:12the things that you learn here and
- 00:22:13obviously I just gave another one on
- 00:22:15YouTube this year and you can make it as
- 00:22:18simple as you want it to be and today
- 00:22:21you know everybody without me even
- 00:22:23talking about what to do they were out
- 00:22:25there going short e mini S&P in NASDAQ
- 00:22:29catching the fa fair value Gap after buy
- 00:22:31side liquidity and running to sell side
- 00:22:33liquidity and they're elated much like
- 00:22:37you will be once you settle in on your
- 00:22:40own unique model and it might be that
- 00:22:41one that I've gave to YouTube there's
- 00:22:44nothing wrong with that but for this
- 00:22:46little pattern here this setup or
- 00:22:49model this Dandy here repeats a lot and
- 00:22:54you can trade this in the morning
- 00:22:55session and you can trade this in the
- 00:22:56afternoon session You Can Be One
- 00:23:00Direction in the morning and the
- 00:23:01opposite direction in the afternoon or
- 00:23:03same direction from the morning and same
- 00:23:05direction in the afternoon if you know
- 00:23:07your Market okay and there's a lot of
- 00:23:09volatility in index Futures and I think
- 00:23:12this one here if you treat it instead of
- 00:23:1420 Pips if you did something like 20
- 00:23:16ticks okay um that would be about five
- 00:23:21points okay or five Handles in the NCP
- 00:23:24or
- 00:23:26NASDAQ one a many One Mini that's $250
- 00:23:30there's nothing wrong with that folks
- 00:23:31there's a lot of people that don't even
- 00:23:33make that in a day gross before taxes so
- 00:23:37if you're able to get five handles you
- 00:23:39know in a session once a day trading One
- 00:23:43Mini contract that's awesome like my son
- 00:23:45literally made equivalent to two weeks
- 00:23:49of his income in his most recent trade
- 00:23:52on the 31st of May and his Elation was
- 00:23:55you know Dad this is really incredible I
- 00:23:57mean he had bigger trades obviously you
- 00:23:59know you'll see some of his statements
- 00:24:02but to sit down and say okay I only want
- 00:24:04to do one contract try to do you know
- 00:24:07what would be my weekly income because
- 00:24:11he gets paid I think it's called
- 00:24:13bi-weekly where you get a check every
- 00:24:15two weeks or something that something
- 00:24:16like that in other words he gets two
- 00:24:18checks a month so he has to work two
- 00:24:21full checks before he gets paid and he
- 00:24:23doesn't get paid a whole lot so
- 00:24:24equivalent to like $400 a week and I
- 00:24:27don't pay for his gas I don't do any of
- 00:24:29things and he didn't complain at all but
- 00:24:33he's sick of his job so we kind of use
- 00:24:37this model here in a blend of what I
- 00:24:39taught on YouTube so if for all of you
- 00:24:43asking you know what is he using to run
- 00:24:45that account up he's not using Enigma
- 00:24:48he's just learning folks I mean he
- 00:24:50really doesn't know a whole lot and I am
- 00:24:53sitting next to him and I'm telling him
- 00:24:55what do you see here and what do you see
- 00:24:57there am I pushing the button for him
- 00:24:59absolutely not am I trading his account
- 00:25:00for him absolutely not is he making poor
- 00:25:04decisions before he pushes the button
- 00:25:07yes am I saying something to prompt him
- 00:25:09to second guess that poor decision yes
- 00:25:13okay
- 00:25:14so this model has a lot to do with what
- 00:25:18he
- 00:25:19does this one right here because he has
- 00:25:23a very short attention span he doesn't
- 00:25:24have a lot of experience so he doesn't
- 00:25:26have that oh this reminds me of that
- 00:25:29other trade or this reminds me of that
- 00:25:30one time when the market does this or
- 00:25:32that he is just looking at Old highs old
- 00:25:36lows fair value gaps after short-term
- 00:25:39little shifts in Market structure
- 00:25:42and it's easy for him to spot it so I'm
- 00:25:46trying to cultivate that you may not
- 00:25:50look at this model and see it as
- 00:25:52something that's viable for you cuz you
- 00:25:53want something more heartier more
- 00:25:54beefier uh something like model 6 and 7
- 00:25:58because you've heard me say that's
- 00:25:59closest all of these to what I actually
- 00:26:01trade like
- 00:26:03and I want you to think about how
- 00:26:06often these little short-term moves
- 00:26:09present themselves and if you're able to
- 00:26:12just lower your
- 00:26:14expectations and also reduce
- 00:26:19your
- 00:26:23well pressure on yourself about doing
- 00:26:26bigger trades
- 00:26:28okay bigger is not necessarily better if
- 00:26:31you can find a lot of 10 point moves in
- 00:26:35an index future I mean think about it
- 00:26:37One Mini that's
- 00:26:39$500 10 Handles in One Mini contract on
- 00:26:42S&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
- 00:26:49your job How about if you're able to do
- 00:26:51that once a
- 00:26:53day say you get five Pips or not five
- 00:26:55Pips but five Handles in the morning set
- 00:26:57session and five Handles in the
- 00:26:59afternoon session that's 10 or $500 a
- 00:27:02day or $10,000 a month how many of you
- 00:27:05make $10,000 a month so when I'm looking
- 00:27:08at this model I'm teaching it with the
- 00:27:10perspective that don't think it's just
- 00:27:1220 Pips it might be 20
- 00:27:15ticks in the spoze market in Min
- 00:27:19S&P that would be the equivalent so you
- 00:27:21can scale that 20 pip part of it to
- 00:27:24whatever you want it to be don't be
- 00:27:26afraid of saying oh you know I'm going
- 00:27:28to just try to do 10 Pips in Forex
- 00:27:31there's nothing wrong with that you can
- 00:27:32do five 10 pip trades a week and make 50
- 00:27:35Pips a week it's done you've met your
- 00:27:38objective who's going to complain about
- 00:27:41that I just think it's a lot of work you
- 00:27:44know it depends on what you have in
- 00:27:45terms of your time what you have in
- 00:27:47terms of
- 00:27:51your
- 00:27:54well what's the what's the schedule like
- 00:27:56for you do you do you have a whole lot
- 00:27:58of time to do this do you want to be in
- 00:28:00front of the charts all the time do you
- 00:28:02look at this and not see it as stressful
- 00:28:05because a lot of you are going to
- 00:28:07discover that being in front of the
- 00:28:10charts while it can be profitable and I
- 00:28:12can make a whole lot of money if I sit
- 00:28:14in front of these charts all day long I
- 00:28:15can do that but it wears me out and it's
- 00:28:19tiring because in my mind I'm racing to
- 00:28:21get every single price swing how I want
- 00:28:24it so what I like to do is
- 00:28:28go into a specific time of day and
- 00:28:30that's why I created the kill zones so
- 00:28:32if you limit yourself to any one of
- 00:28:34these
- 00:28:35models try to
- 00:28:38emphasize time management because when
- 00:28:40you start getting good you will start
- 00:28:43pushing everyone and everything away and
- 00:28:46you'll just be wanting to be in the
- 00:28:47markets and all of a sudden your
- 00:28:49children will grow up and you don't know
- 00:28:50who they are and that happened to me
- 00:28:53literally
- 00:28:55so if
- 00:28:58you're comfortable with trading index
- 00:29:00Futures you can use that
- 00:29:0220 as a 20 tick or 20 handles or 10
- 00:29:08handles okay whatever you want it to be
- 00:29:11or you can use it as Pips for Forex or
- 00:29:13it could be 20 ticks in the bond market
- 00:29:16okay $31.25 each
- 00:29:18tick that's a good that's a good chunk
- 00:29:20of
- 00:29:21money so if you're doing that over
- 00:29:24multiple contracts as your Equity grows
- 00:29:27you can turn this into whatever your
- 00:29:30imagination can come up with There's No
- 00:29:33Limit but many of you are going to be a
- 00:29:35rush to do this because you've seen many
- 00:29:37times me take small accounts run them up
- 00:29:40real quick it break neck speed and
- 00:29:43honestly I wish I could go back in time
- 00:29:45and undo that I wish I wouldn't have
- 00:29:47done it now because it's made a lot of
- 00:29:49you feel like that that's what's
- 00:29:51expected of you because you're my
- 00:29:52student or you've gone through this
- 00:29:53mentorship and that is not what I want
- 00:29:55any of you to think I don't want you to
- 00:29:58think that okay um could it be a goal
- 00:30:01for some of you absolutely sure you get
- 00:30:03in there and you know go crazy win no
- 00:30:05Robins cup do something you know
- 00:30:06spectacular I would be the first
- 00:30:08cheerleader for you I want to see it but
- 00:30:13some of you just don't want that and you
- 00:30:14just want to make an income guess what
- 00:30:16that's this one here this one right here
- 00:30:19it's easy it's shortterm you don't have
- 00:30:21to hold over day the the whole entire
- 00:30:23day you don't have to hold for it uh you
- 00:30:24don't have to hold overnight no weekend
- 00:30:26Trading you know it's you're in and out
- 00:30:30just like that hit and run trading okay
- 00:30:32that's kind of like what this is really
- 00:30:34specializing in so really looking for
- 00:30:37the daily range
- 00:30:38expansion and that might be just is the
- 00:30:42next session in London going to be a
- 00:30:46session where it expands higher or
- 00:30:48lower or you look at London overnight
- 00:30:51what did it do does it look like it
- 00:30:53wants to run continuously in the same
- 00:30:55direction that London did in New York
- 00:30:58and that range expansion inside the
- 00:30:59daily range okay it doesn't need to be
- 00:31:01the full Daily range you just need the
- 00:31:04expansion inside that same daily candle
- 00:31:07much like we were discussing throughout
- 00:31:09the entire mentorship with these price
- 00:31:11action models we are looking for an
- 00:31:13expansion on the weekly range but we're
- 00:31:16not trying to pick the closing price you
- 00:31:18know what I mean so it's like we're
- 00:31:19looking for a flurry of action like this
- 00:31:22little moment of excitement where it's
- 00:31:25going in a direction we are looking for
- 00:31:27but the technicals and time and price
- 00:31:29all come together perfectly then we can
- 00:31:36engage so I'm going to take you into an
- 00:31:38example here and kind of walk you
- 00:31:39through something that would have been
- 00:31:41feasible with this this is the dollar
- 00:31:43swissy and this is a pair I midly can't
- 00:31:45stand but I know some of you in here
- 00:31:47trade it here is the daily chart and
- 00:31:50looking at the daily chart here you can
- 00:31:52see that we have a fair value Gap here
- 00:31:54we have what will be equivalent to a
- 00:31:56potential swing low forming in here and
- 00:31:59there's been two up Clos candles and it
- 00:32:02might want to expand up into that fair
- 00:32:04value Gap now I do not need and you
- 00:32:06don't need it to actually get up there
- 00:32:08but that's enough to build in a
- 00:32:10short-term bias going into the next
- 00:32:12trading day and if we open below this
- 00:32:15candle's high does it give me an
- 00:32:18opportunity to run that high and get 20
- 00:32:22Pips as you can see the market does in
- 00:32:25fact open it trades down to an order
- 00:32:27Block Level here hits it rallies up
- 00:32:31expands through the previous day's High
- 00:32:33it does not get the fair value got
- 00:32:35discount low it does not need to do
- 00:32:39that all right and on the five minute
- 00:32:41chart here here's the example of what
- 00:32:44this model is looking for and it's
- 00:32:45something you've seen many many times
- 00:32:47it's nothing new I'm not creating
- 00:32:49something new I'm not Reinventing the
- 00:32:51wheel of ICT you've seen this before
- 00:32:53many times but we have the previous St
- 00:32:57high you can see we swept that and then
- 00:33:00it comes back down in to an order block
- 00:33:02here we wait for an expansion swing it
- 00:33:05creates it it breaks a swing high up
- 00:33:08here so all the structure here is broken
- 00:33:12to the upside so we have a shift in
- 00:33:14Market structure it trades back down
- 00:33:15into the fair value Gap that's created
- 00:33:17right here this low is taken out by one
- 00:33:20pipet right there guess what that is
- 00:33:22that is your institutional overflow
- 00:33:24entry drill but the pattern is what fair
- 00:33:26value yeah so you can be a buyer there
- 00:33:29run to the previous day's high so if
- 00:33:33you're buying here at we to say you got
- 00:33:35filled at uh 9605 worst case scenario
- 00:33:38you got slippage you were slow this just
- 00:33:41it is what it is 9605 was your fill
- 00:33:44okay 965 is 10 Pips 9625 guess what that
- 00:33:49is that's your 20 Pips and it doesn't
- 00:33:51even take out the relative equal High sa
- 00:33:52here and you can leave a small portion
- 00:33:54on to see if you can catch a runner and
- 00:33:57there you go so this is like one of
- 00:34:01those always in your back pocket model
- 00:34:04where you know if you want to do an
- 00:34:07exercise with yourself okay go into
- 00:34:11a random pair that you don't like to
- 00:34:13look at you know a lot and during the
- 00:34:16New York session or during the London
- 00:34:18session open it up and do a quick
- 00:34:20exercise on what you think it's going to
- 00:34:22do running out what direction and then
- 00:34:24look for this pattern and I promise you
- 00:34:26you will will be surprised how easy it
- 00:34:28is to find this just like that because
- 00:34:31you know what you're looking
- 00:34:33for what makes this pattern and this
- 00:34:36whole model here not as sexy is because
- 00:34:39it doesn't have Central Bank dealers
- 00:34:40range an Asian session range and flout
- 00:34:44and it doesn't have any standard
- 00:34:46deviations across the chart and it
- 00:34:49doesn't
- 00:34:51have Breakers it doesn't have all the
- 00:34:55things that you want to apply to it it
- 00:34:56doesn't have C
- 00:34:57it doesn't have seasonal tendency
- 00:34:59because you want a PhD at the end of
- 00:35:02your ICT student
- 00:35:03name phds are not required to be
- 00:35:06profitable in the
- 00:35:07marketplace all you need to do is have
- 00:35:09something that works that really
- 00:35:12resonates with your
- 00:35:14personality and this is one of the
- 00:35:17stripped down
- 00:35:18versions of all of them the only thing
- 00:35:21that's less than this one is what I
- 00:35:23showed on YouTube so the most simplest
- 00:35:26one is YouTube and then this one here
- 00:35:29both of them can create a career where
- 00:35:31you don't need to do anything you don't
- 00:35:33need to look at anything else you don't
- 00:35:34need to complicate
- 00:35:36anything where's it likely to draw to
- 00:35:38next and some of you like that's the
- 00:35:40problem if I could just know what the
- 00:35:41bias is I've already taught you bias the
- 00:35:44problem is you haven't done the work to
- 00:35:46practice and get good at it and guess
- 00:35:48what some of you want bias to be
- 00:35:49perfectly accurate for yourself every
- 00:35:52single day and I'm not that way either
- 00:35:55I'm not accurate every single day
- 00:35:59I'm requiring things that to support the
- 00:36:02ideas I'm looking for sometimes I get it
- 00:36:04sometimes I don't and I know when I'm
- 00:36:06likely to get it wrong which is nonfarm
- 00:36:08payroll weeks after Wednesday New York
- 00:36:11session I'm probably going to get it
- 00:36:14wrong so if I know when that's likely to
- 00:36:16occur guess what I'm doing I'm sparing
- 00:36:18myself the
- 00:36:19grief I'm going to be focusing on times
- 00:36:22when I feeling more in tune with the
- 00:36:24marketplace and the Market's more likely
- 00:36:26to get me what I'm looking for
- 00:36:28regardless of what model I'm
- 00:36:31using so now because you have all these
- 00:36:34models in front of
- 00:36:35you some of you probably still feel
- 00:36:37confused that's
- 00:36:39normal because you have to go through
- 00:36:41the work of going through each one of
- 00:36:43these models or one of them and figure
- 00:36:45out which one you want to work on and it
- 00:36:48may build your expectations about
- 00:36:50something else that's not specifically
- 00:36:53taught in one of these models and you
- 00:36:56might blend something from another one
- 00:36:58and then that becomes your unique model
- 00:37:00it's happened already folks I got
- 00:37:02students that have done that or a
- 00:37:06framework from one model but an entry
- 00:37:08strategy in logic with another or maybe
- 00:37:11two and blending that together because
- 00:37:14all these concepts of mine again are
- 00:37:16like that jigsaw puzzle where it just
- 00:37:18they all
- 00:37:19connect and all you need to know is this
- 00:37:22one little thing like this where it goes
- 00:37:24here and it's probably going to go above
- 00:37:25there you don't need to know it's going
- 00:37:27to go up there don't be like the yahoos
- 00:37:29over there on Instagram Twitter and
- 00:37:31Facebook who want to make you believe
- 00:37:34that they knew this high was going to
- 00:37:35form or they're always doing 200 to1 R
- 00:37:39multiple trades or 50 to1 R multiple
- 00:37:41trades but yet they're still showing
- 00:37:43examples where they're only trading with
- 00:37:44one micro
- 00:37:46lot does the math support that
- 00:37:49no no so all you're looking for is these
- 00:37:54small little surgical strikes with this
- 00:37:57model small little get in and get out
- 00:37:59hit and run trading okay that's what I
- 00:38:01used to call it on a miracle online get
- 00:38:04in get your money and run and let them
- 00:38:08have all the extra you leave on the
- 00:38:09table who cares this pattern repeats so
- 00:38:12many times you don't need the full move
- 00:38:14but you understand how to leave a runner
- 00:38:17on after taking the bulk of your
- 00:38:18trade-off so if you took this long here
- 00:38:20and you know you're looking for this
- 00:38:21previous days high to be taken out but
- 00:38:23you also have these relative equal highs
- 00:38:2580% of your trade comes off as soon as
- 00:38:26it crosses that candle's High one pip
- 00:38:29head just one pip head above that you're
- 00:38:32done 80% of the trade comes off bang you
- 00:38:34roll your stop to something plus you
- 00:38:37know Break Even you don't want to be
- 00:38:38just that break even you want to put
- 00:38:39something in in your pocket in case it
- 00:38:41comes back against
- 00:38:43you and let's see what it
- 00:38:47does in this event it goes above this
- 00:38:49High here we'll call it 25 it's 10 20 30
- 00:38:54Pips well you know about that right
- 00:38:5810 20 30 Pips above an old high or below
- 00:39:00an old
- 00:39:02low there it is that's where you can
- 00:39:06take your scaling 80% comes off here so
- 00:39:08that means you got 20% right well it
- 00:39:10runs up 10 PS more take another partial
- 00:39:13off let the runner go to another
- 00:39:16objective of 10 or 15 or 20 and then or
- 00:39:20Trail your stop loss underneath the
- 00:39:23candles when they close squeeze it up
- 00:39:25air that's out of Alexander Elders book
- 00:39:28trading for a living I did that a lot as
- 00:39:30a commodity Trader and it always used to
- 00:39:31come back and knock me out because
- 00:39:33institutional Oro entry drill that I
- 00:39:35didn't know about then and it would take
- 00:39:37me out and then it would continuously
- 00:39:39move up and I'd be mad I didn't get that
- 00:39:41last four cents in the grain
- 00:39:45market I missed $200 and I was mad about
- 00:39:48that and sometimes I would get stopped
- 00:39:49out and go back in mad because they
- 00:39:51stopped me out not realizing that it's
- 00:39:53about to turn around go the other
- 00:39:55direction so
- 00:39:57anyway I
- 00:39:59digress I believe that you have been
- 00:40:02equipped with in my opinion and I'm
- 00:40:05obviously biased but I believe I have
- 00:40:08equipped you with the absolute best in
- 00:40:11terms of technical
- 00:40:14understanding uh I've given you skills
- 00:40:17and Concepts that will hopefully serve
- 00:40:21you and your family exceedingly
- 00:40:25well will all of you become millionaires
- 00:40:29no will you be better than the average
- 00:40:32person out there trading I believe yes
- 00:40:36but I'm biased if you've been fumbling
- 00:40:38around through the content and not
- 00:40:40really been serious about doing it just
- 00:40:42Netflix watching you know just putting
- 00:40:45videos in and watching them and seeing
- 00:40:47what happens and thinking that's going
- 00:40:49to do it hopefully by now you've
- 00:40:51discovered that's not what it is look
- 00:40:54around everybody that's doing these
- 00:40:55trades and showing you examples they're
- 00:40:57in there working really hard they're
- 00:41:00hungry they want to get it and learn it
- 00:41:03and because some of you are acting all
- 00:41:05bougie like you're in here like this is
- 00:41:07the you
- 00:41:09know there's a place down in Florida
- 00:41:11called 30A and uh we frequent it a lot
- 00:41:15down
- 00:41:16here and these these people are very
- 00:41:19snobbish like very snoody
- 00:41:24and for Life me I don't understand why
- 00:41:26body think that way about themselves but
- 00:41:28I'm walking through there I probably got
- 00:41:29more money than all of them
- 00:41:31and that's sometimes the attitude that
- 00:41:35my veteran students have here okay it's
- 00:41:38like well you know I don't need to do
- 00:41:41that but if you're not really doing well
- 00:41:43in the content just because you're part
- 00:41:45of our community you're really not doing
- 00:41:47what it is you should supposed to be
- 00:41:49doing so what's holding you
- 00:41:53back you have to do it and it might be
- 00:41:56you don't want to feel like you've done
- 00:41:59it wrong so it just feels better to
- 00:42:01entertain yourself watching videos and
- 00:42:03keep telling yourself oh well you know
- 00:42:05there's something will happen he'll
- 00:42:06teach something easy and it'll be like a
- 00:42:08push a button it'll jump off the page
- 00:42:10and there it is that has never happened
- 00:42:12yet has it the closest thing is what
- 00:42:15I've given on YouTube that's the closest
- 00:42:18it's going to get there's nothing else I
- 00:42:19can make it any easier than that like
- 00:42:21that is the limit of ICT making it
- 00:42:24simple I cannot make it any more planer
- 00:42:27than that so if none of these models
- 00:42:30here have scratched that itch and the
- 00:42:32YouTube model hasn't scratched the it
- 00:42:34for you I'm tapped Out folks okay
- 00:42:38there's nothing else I can do to make it
- 00:42:41happen for
- 00:42:42you you have to put the work behind you
- 00:42:44got to roll your sleeves up and say you
- 00:42:46know what I want to get in here and do
- 00:42:48it because there is no other
- 00:42:53videos now you're listening to the last
- 00:42:57one this is the last ICT mentorship
- 00:43:00video anything that goes on inside of
- 00:43:02our mentorship now will be posted in the
- 00:43:04Forum it'll be posted by me as a chart
- 00:43:07there won't be any of that tonight
- 00:43:09because you have had a number of these
- 00:43:11videos these price action model
- 00:43:13algorithmic uh videos posted to the form
- 00:43:16tonight so you all have them they I'll
- 00:43:17be downloading them watching them or
- 00:43:19whatever or completing the rest of your
- 00:43:22downloading I've extended the grace
- 00:43:24period to Friday
- 00:43:27at 9:00 at 9:00 The Forum will have only
- 00:43:31the charter member area in it there will
- 00:43:33not be any commentary section threads
- 00:43:36there will not be any kind of price
- 00:43:38action model threads so you need to
- 00:43:39download these videos folks okay
- 00:43:43and put them where you feel secure in
- 00:43:46having
- 00:43:48them and then we'll continue obviously
- 00:43:50on our journey together in the form much
- 00:43:54like it was on baby Pips where it we all
- 00:43:56communicated typing out things and
- 00:43:59sharing charts trust me I love that
- 00:44:03because it's quick it's easy it's
- 00:44:05efficient and I don't have to do all
- 00:44:07these videos
- 00:44:09anymore and I don't want my life to
- 00:44:13be all this okay I want to teach I want
- 00:44:16to enjoy teaching but I need my time
- 00:44:19back and you'll have your time back too
- 00:44:22you won't be sitting and listening to
- 00:44:23these long-winded droning on
- 00:44:26you messages that you probably don't
- 00:44:28want to listen
- 00:44:30to but for all of you that have come
- 00:44:32this far I want to congratulate you you
- 00:44:36have
- 00:44:36endured some of the hardest things to
- 00:44:40learn you may not have them underneath
- 00:44:42your belt yet you may not be proficient
- 00:44:45with all of it yet but you have endured
- 00:44:48what many people have come into
- 00:44:52my company and started to learn and for
- 00:44:58whatever reason tapped out and said I
- 00:45:00can't do
- 00:45:01it you
- 00:45:03didn't that
- 00:45:05deserves an applaud because it's so easy
- 00:45:10to tap out because it's not easy
- 00:45:13learning it it's not easy encountering
- 00:45:16those demons that every one of us have
- 00:45:19and these charts are mirrors they're
- 00:45:21going to reflect back what you have
- 00:45:24inside
- 00:45:27if you're angry impatient you're going
- 00:45:29to see that in these charts and it's
- 00:45:30going to manifest in your
- 00:45:32actions if you're scared and
- 00:45:34apprehensive these charts are going to
- 00:45:36show that and it's going to manifest in
- 00:45:38your
- 00:45:39traits if you're
- 00:45:42grounded you're not moved by emotion you
- 00:45:45don't fear missing anything and you're
- 00:45:47not
- 00:45:48greedy it's going to manifest itself in
- 00:45:50your traits and you're going to be
- 00:45:53consistently moving in the right
- 00:45:54direction with that mindset
- 00:45:57it's been my goal and will remain to be
- 00:45:59my goal to have all of you get aligned
- 00:46:02with that latter mindset however you
- 00:46:05have to prune all those bad habits that
- 00:46:07you know what they are when you're
- 00:46:09journaling you keep the bad toxic stuff
- 00:46:11out when you're in form you don't post
- 00:46:14anything negative not because I want a
- 00:46:16sugary sweet and bubble gums and you
- 00:46:18gumdrops in
- 00:46:20here but there's a way of talking about
- 00:46:23adversity you know being all emotional
- 00:46:27about it or angry and venting that's
- 00:46:30this is not where you do that you don't
- 00:46:32do it in your Journal either take
- 00:46:34yourself a drive and talk to yourself
- 00:46:36say you know I need this I need this
- 00:46:39this this this to be handled but then
- 00:46:41get it out of your your system but then
- 00:46:43go back to your journal and then selft
- 00:46:46talk cheerlead yourself go back into do
- 00:46:49the charts and you'll see that it is
- 00:46:54therapy or don't and stay exactly how
- 00:46:59you are right now because unless you
- 00:47:02make
- 00:47:03changes in the order of what you do in
- 00:47:06the processes that you do you're not
- 00:47:09going to get better at this because you
- 00:47:12have to take action you have to put
- 00:47:15effort behind it and the amount of
- 00:47:18effort that you think you've already put
- 00:47:20in it's probably not even close to
- 00:47:22what's required for your unique
- 00:47:24experience
- 00:47:26so are you going to quit you're going to
- 00:47:28tap out and say it's too hard it didn't
- 00:47:29happen for me I already went to the
- 00:47:31Charter level went to the last price
- 00:47:33action my model you know he gave us all
- 00:47:36this stuff and I don't know how to do it
- 00:47:38yet when there's other people already
- 00:47:40doing it so the question is is why are
- 00:47:43they able to do it and you're
- 00:47:45not they're doing something that you
- 00:47:47aren't what is that continuously trying
- 00:47:51to improve and that's all you need to do
- 00:47:54it'll happen for you you just got to
- 00:47:56trust the process and it may take longer
- 00:47:59than what you originally thought exactly
- 00:48:01how I promised it would
- 00:48:03be so I'll talk to you next time in the
- 00:48:06Forum not in video obviously you'll
- 00:48:09probably hear me in YouTube tomorrow
- 00:48:10night but in the for we will be
- 00:48:13communicating by way of threads the
- 00:48:15thread will be locked down for me only
- 00:48:16so that way you won't be cluttered up
- 00:48:18but it'll be my post that way everybody
- 00:48:20can track what I'm doing on a day-by-day
- 00:48:21basis and I think that's going to be it
- 00:48:24until I talk to you next time be safe
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