Inside ICT Student's Mind Vol. 12 | Live NASDAQ 3R Trade

Inside ICT Student's Mind Vol. 12 | Live NASDAQ 3R Trade

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thank you okay welcome back everyone  we're looking at NASDAQ here   it's a relatively close here and a bunch of  kind of consolidations I was consolidating   here so this is my drone liquidity I  believe we should seek lower prices um we are in a premium from the current range and C you have this imbalance right here so we are   right now inside of it and we  took out this swing High here right now it's 10 23 so about  an hour since equities open   again everything is always done in real time all right so looking too short on the one minute time frame we'll compare this to s p also you can see that  this swing High actually wasn't broken by SMP um so this candle here 10 15 broke this when I this failed and it's only now approaching to it I think we'll tap into that only could  tap into this high and once we do   I'll be interested in shorts on NASDAQ so this is there is a little bit  of delay in both use as you can see like delay on SMP in this high ER screen I'm looking at SMP foreign so even though my drone liquidity is here I don't need price to go all the way  down here to be profitable right as a   scalper like most of my trades are two to an  F are maybe three so if I find a good setup I don't need price to go all the way  down here to you know capitalize on let's see s p came pretty pretty close  on this candle here but not quite yet   so again I'm just waiting run as s p is  willing to break this high of short NASDAQ because NASDAQ has already broken this  High here the same height and the as   you can see here this imbalance right now  basically what it did was this is your and   support resistance to use this imbalance  I love price section here right so let's wait a few more minutes foreign this is looking good you know that we might not actually I'm  looking at Price section we might not   break this high let's see I just  need maybe one or two more minutes and it's honestly this is a little  bit hard to explain this is just by   looking at these candles what they're  doing here based on my experience like the patterns how they behave okay now we are okay we did that okay good so this   is where okay we just broke the  high so I'm just going to sell I'm going to sell right here and you might wonder why you know I'm basically  not waiting for any other confirmations foreign a little bit Above This high so 21 points I believe that because NASDAQ is  already in such a large premium   and based on my understanding the price action now it's time to seek lower   prices and as you can see here even if I just go  below this one low this will be already as we are   we are so if I hold here this will be a large  trade which you know I'm not going to of course   but okay let's say yeah I like this when low  because this when low started the uh this run up   here so if we just Target this this will be almost  as we are let's make it 3r yep so right here so as you can see s p did break this high okay I  was concerned I was looking at these two candles   uh how they were moving I was concerned maybe  we'll leave it leave it packed but but again   I wanted to see a few more than the surprise  sections so uh we did eventually break break it that's okay now see how it looks on the 15 minute chart like compare this price section with s p  s p is clearly not deny retrace as high and also we had smt on the previous lows on the  previous day so we had this retracement higher   unless that made the lower  low slightly low low right so for the PM session this was a  nice buying opportunity and now I believe this trade is not going  to take a long time because all this   was really so right now it's 10 30 all  right so one hour since Equity is open   so we had what was it I think this  candle so 9 30 is when this uh it went higher price of Trace lower so all of this  to me is a Judas swing when I would do this or   to you know uh induce buyers who use people to buy with the Rio Pi time frame bias is very  well at this point again we don't even   really need the one hour chart you can kind  of see that we have relatively close here um a lot of consolidation here so obviously  first price we'll have to tap this   but all I need from this whole move is just  price to go below these lows and I'll get my 3r d letting me when you remove this also foreign so I think on a day like this it's not the  easiest price action actually but also if   you look at the there's no high impact let me  see I think there's no high impact news today   really that's why you see you  know what you're seeing here   well not for the Dollar Tree so it's  8 30 again I'm looking for my phone   yeah there's no high impact news for the dollar  we do have some kind of FMC member speak but   that's that's at 6 30 p.m Eastern Time um  you know that doesn't even mean anything and yeah I'm just managing as always my uh the  trade on my phone not always not it's really   it might seem easy but it's really not to you  know record the trades uh comment on it and also   you know do executions that you can have  my phone in my left hand and execute   and for all these types of Trades that  you've seen in the life of country trades   right the ones that I do recordings all  of them are made on my personal accounts   I don't want to risk when I trade my funded  accounts I'm fully Focus no distractions   and I don't want to be distracted by you know  recording the trade narrating there uh on the   funded account because obviously I want to be very  focused and make sure that you know I will make   some kind of mistakes and that's why I don't  have my funded accounts on my phone I only have   them on my computer that's how I manage them  but on my phone I have my personal accounts   which I'm comfortable with you know creating if you look at s p also  yeah we like to levels High started retracing and you might also wonder why okay why  out of all these eyes why kind of you know   this high and eventually you  can see obviously like you know like these highs too but to me this  was the only significant swing High um an s p if we compare SMP this is the  only significance when I starting from   again from the 705 so starting from seven  o'clock which is kind of the beginning of   you know New York session and to me this was  enough just comparing the price action of high how   s p failed to go much higher than NASDAQ because  if we compare this fractal with 6 cm I'll see   how it's dealt with similar hours so if we look  at the current range right from this when high   uh Superior traced basically you know  a little bit less than 79 percent   while NASDAQ and a much deeper retracement  almost 100 right right almost like 100 but this is what observing price on the one  minute chart over the years this is what gives me   confidence to enter this trade right I explained  my logic this was the important like Community   it's easier to see on the smt this is the only  importance to hide starting from the New York   sessions so I was wanting I wanted to see I saw  how it was already traded with this candle here I   can't see the NASDAQ but they failed to do so it  failed even to break this High here and then um at the same time so I was waiting for price to  just hit that and I was I got a little bit you   know wasn't so sure with this price section  of the scandals here but again like I said   when it waited a few minutes to do a break  so okay once it broke I just sold short um if it is confusing for some of  you that's okay if you're new   you know if you're new to trade  in ICT style that's totally fine   again this is something that just comes from  experience and observing how price behaves and that's why I like being a scalper because  you see so so many subtle price section movements   so many setups on the one minute chart all right  obviously everything repeats on any kind of frame   also but because you can be on Lower time frame  So You observe them happening more often that's   how you train your brain more of more up too you  see those things happening more often and in your   subconscious mind and eventually you know it just  ingrains in your brain those price action patterns   um the sense of repeats in the markets over  and over again and eventually builds confidence it's really there's no other way  around it you know you can study   from someone have the Holy Grail there is  no Holy Grail of meaning in trading but you need to have experience you know how to  filter good setups against bad ones and let   me just comment here also so we are basically  in this this candle is your accumulation candle   before the last top higher all right so we are  retracing inside of this we do have an imbalance   also here all right so you can see messiness  there's no imbalances in these candles but we   have your accumulation and imbalance here so now  I will anticipate to see you know price going low um and uh so while you do see that this imbalance slightly  below the 50 right ideally you would want   to shorten the premium but because from this  fractal because we have this accumulation here and this imbalances inside this accumulation  this is words this is what matters the most to me   not always price will give you a  short in uh you know in a premium I mean this is where I'm comfortable showing so I like this I like how the body is so a little  weak here let me take a few seconds not even like   one second week but look at the bodies how the  body is closed inside here all right this is good so where are we in three four three are so we've been in this trade so  far for about 12 minutes okay and why this here um we showed it  basically on this candle right here right foreign this is looking good nice nice nice very good see this  is why if you were anticipating   price see this is again I keep mixing The Cribs  up so in low swing High this this week happened   like so quick like hit me a second it would be  almost impossible to catch this right one second   and you see that the body is closed here so oh  actually wait I take my words back so I guess this imbalance was slightly above the fifty  percent okay huh see it's hard to manage   trades like narrate this and many trades on  the phone like because I think I uh I guess   my tips were not on this swing low because my  uh maybe 50 was a bit um somewhere here right   anyways now you can see that  yeah this symbol was did in fact   the upper portion of it didn't affect low  about 50 but I'm I don't really use fips   I'm just showing this for you to um so you can  guys see right uh and learn again the biggest price action confirmation to me was  that the price retrades back inside   this humiliation before the last run up here and we had an imbalance inside of it  and you can see the beautiful reaction   how the body is literally closed inside  an imbalanced and started trading role   right so I like this so at this point  uh my stop loss should be everything   yeah we are at one I'm putting my stop  at break even so it's a risk-free trade and by Break Even again I always  mean like slightly in profit so if   it does come back and take me out you  know the commission will be covered and let's see again I don't I don't usually  uh put my take profits uh I was close manually   but the stuff was obviously it's there but they  practice it always just you know close manually and this is good at this point we  are basically at 2R this is good why is it um okay never  mind so just below this low is where I'm going to take my take product and if you look at SMP uh kind  of is doing the same thing   look also accumulation imbalance right there  balance with accumulation there's there were   no imbalances above that so this is where the  price stopped very nice very very nice reaction so again this is also these last  uh these two down closed candles   are accumulation right so the one that  we had we've seen some retracement here that's okay foreign balance here and a tiny tiny imbalance right here and I know this is good enough thank you let's see come on so this is again this is basically how I  talk to myself when I look at Price what   is doing that's how I interpret price I'm  just fully focused Trading right I'm being   uh I'm willing to adapt to the current price  changes and you know sometimes if I feel like   have a certain Target and price is not going to  reach for it I'm going to adjust and close early or you know because or the very least  move my stuff to break human and let it   ride but most of the times I would maybe  close early if it doesn't hit my target   uh but this price section looks good to me or I like the one minute charts  because so much is happening you   can see so many things going on that  this this you train your brain faster   as opposed to if you would say we're just  trading on a 15 minute chart right those   setups obviously also happen but not as often so  in your development and even if you don't want to   be a scalper if you cannot be only one minute  shorts if you don't want to be trading those   I think it's very very beneficial to trade on  the one maybe five minute charts at least but one   minute chart is great to learn because you will  again you'll just learn like that much faster rate   that's at least just my opinion and then  you just everything you learned and the   one in the chart you apply to um you know High  time frames because time and price are fractal foreign this is looking good so far foreign right now so now I need price to break this low of  course and then just go for the next level okay good good good we'll grab this hello what was it I saw this was a three hour trade did  I move something here I don't remember I saw this   was a CR to this level it shows me two and a  half well regardless you can see the execution uh see how price reacts and again maybe  my entry was a little bit Advanced   because I literally just shorted  after seeing s p break that high so that you know that is a  little bit more advanced but   what stops you from let's say if you you know what  stops you from making the trade here let's say   right you see accumulation again imbalance like I  explained this is also your twin low breakthrough   structure so technically this entry here  would be an ICT and right uh ICT YouTube model so you can really look at it however you  want I'm just showing you you know how   I interpret price action based on my knowledge my  experience the things I've learned over the years   both from ICT and from my own personal  observations my own discoveries okay I didn't really like this video  is already almost happened   so this is I noticed also you know I guess a lot  of people don't watch these long videos entirely   and then you know they miss they end up missing  the point uh or missing the entire logical way   but those who do watch entirely you know first of  all well of course I appreciate it and secondly   you know you get the benefit of  understanding completely my thought process   instead of just you know watching  a few minutes seeing what the price   did without really understanding you  know why I'm doing what I'm doing right all right perfect perfect perfect perfect foreign just close the trade on my phone so this was 60 so I got like 63 64 64 points not bad at all right  not bad at all um this was a good trade hopefully   you learned something today again you don't want  to make this video any longer than it has to be   so hopefully you guys enjoy let me know what you  think and I'll talk to you next time take care

2022-10-21 02:44

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