Full transcript (14222 words)
But if you can't time the market every single day, then you don't know what you're doing. You're gambling. My only job as a scalper, I would consider myself a scalper because I hold my trades from 5 to 10 minutes, is [music] to be able to predict one singular candle on the chart. Most traders find themselves chasing big risk-to-reward trades. But what if your consistency [music] actually came from doing the opposite? I am not necessarily always waiting for a close and it's a big part of the trading system because sometimes I [music] will enter prematurely knowing that there's more chances of this candle closing that way than closing back above that internal high which is an extremely important concept because in this episode we sit down with Amas. He's a futures trader that has consistently taken four and five figure payouts with his refined approach. He doesn't gamble. There's no randomness in his approach and he doesn't hope for home runs. Instead, [music] he focuses on one thing, highly proven base hits using a onetoone risk-to-reward [music] model. >> The easiest trade that you can ever take. And I always say this, easy money trades make trading careers. So, when that first candle prints, I don't know that I'm going to have a trade. When [music] that second candle prints and I know it's above the previous candle's high, we displace. [music] Buyers are so aggressive that I know I could potentially have a trade. When that 50-minute candle closes, a brand new candle opens up. [music] And this is when the magic happens. Because if you're someone that's been over complicating your trading or you [music] believe that you need massive risk-to-reward in order to make money, this episode is going to completely change [music] your perspective. So, here is my invalidation level. This low, if we close above it, I know we're going to go up. So, here your take profit will be the high and look at what's going to happen as soon as this 15-minute cand will close into the gap. Look at what happens right after. >> Let's get into it. What's up, guys? Welcome back to the prop firm trader podcast. The number one channel in the world for funded traders. I'm your host. I'm Sanjie and I'm here to take you inside the mind and onto the charts with some of the best funded traders in the world. On this show, we don't just talk numbers and payouts. We talk about the mindset, the person, what it takes to actually achieve consistency. On this very special episode, we're diving inside a strategy which has gone on to produce over $200,000 from prop firms. This trader has only been trading for 3 years but found a way to develop high level of consistency in trading the futures market. Without any further ado, it is my pleasure to introduce Amas. How you doing, man? >> What about you? >> I'm very well man. Firstly, thank you so much for being here. >> Thank you. I appreciate you giving us the time and I'm really interested to get inside your strategy. >> Absolutely. >> This is something that obviously I've been doing a little bit of research on. I've been following your approach online. I know you have a big perspective on focusing on onetoone trades, onetoone risk-to-reward. >> Uh so I'm really looking forward to seeing your insights around this. How I normally like to do these sorts of episodes and I think what is going to be most valuable not just for me but for everybody watching is I want you to take us through from kind of a to zed what a trading day will look like for you. And I want to start with maybe what your morning routine is like before you actually get on the charts cuz I personally find consistency starts long before the markets actually open and before you get on the charts. So, are there are there specific things that you're doing to start your day that get you wired to be in the right head space to trade? >> So, when I wake up in the morning, I wake up at around 9:00 a.m. and I never take a trade before 10. Okay. >> Okay. So, what I do in the morning is I take a coffee. That's the first thing. It gets me started and I need it every single day. >> Um, and in terms of what I do and if I have like, let's say if I take a cold shower or do push-ups, not really. I would say I wake up, I have my coffee, I um I walk a little bit and then I get ready for for my session, but not anything special. >> Okay, cool. So, that's a good understanding as to what the morning routine looks like. Pretty short and sweet. Coffee, few steps in the morning. >> Yeah. >> Um give us an insight now as to what it looks like when you actually get onto the charts from a pre-market analysis perspective. How do you frame your bias or your narrative for that particular day or that particular session? >> That's a very good question. So my overall approach is that I use a onetoone risk. Okay, that's the main thing. I use a onetoone ris because it's something that is replicable in the long run and it's something that I can also have a lot of confidence in because I back tested a lot of data on it. >> Okay. >> So when you ask me about do I have a daily bias? Do I find a way to know if the candle the daily candle is going to close bullish or bearish? I never know. >> Okay. >> What I do instead of predicting, I am reacting to what the market is showing me. >> So my job, my only job as a trader, I'm a scalper. I would consider myself a scalper because I hold my trades from 5 to 10 minutes, is to be able to predict one singular candle on the chart. >> Okay? If I can predict one singular candle on the chart and I am able to scalp 10 to 15 handles every single day in the futures market, I knew that I would be free for the rest of my life. So the framework that I use is scalping unfilled for value gaps as soon as they get created. >> Okay, >> first thing, what is it for value gap? >> If a value gap is a three candle pattern, let's say we're going to do the bullish and the bearish. Okay. So let's say here we're going to do bullish gap. So a bullish rally gap is a three candle pattern where the upick of the first candle doesn't touch the down week of the third. Okay, you see here the up wick of the first doesn't touch the down wick of the third. Got >> that creates a fair value gap. >> Okay, >> this for value gap tells me really really good information on the chart because it tells me who's actually in control and which market participant was overpowered. Okay. So here in this case in terms of volume I can see that price displays so aggressively to the upside that sellers didn't have a fair exchange within this range. So in terms of volume if I have the volume profile here it would look like something like this. >> It will be a low volume note. >> I'll begin. And usually for the market to be efficient and for the market to actually rebalance in a healthy way, we need to pull back as soon as possible towards those low volume areas and towards those fair value gaps. >> Okay, >> those value gaps are called inefficiencies and um in some cases it just tells us that when we create them price needs to rebalance in order to be healthy. It's kind of a fuel level >> and I don't know if I missed this. Is this happening on a particular time frame that you're >> Yes, really good question. So, I look at this framework on the 15inut chart. Okay. >> And the hourly chart. >> Okay. >> Okay. That's a very good question because time frame alignment is also a big part of my trading. When I trade a 15minute fair value gap, okay, let's say I want to scalp uh a 15-minute unfilled for value gap. As soon as you get created, >> I want to look at a one minute structure for my entry. And when I see an hourly unfiltered value gap, I want to look at a fiveminute entry. >> Okay. >> Okay. >> I think too many traders are focused on staring at the one minute chart and don't have a good framework in order to be able to replicate those trades in the long run. I think the one minute chart gives you good information on who's actually in control right now, but doesn't give you good information of where price is most likely going to go in the next 15, the next five, the next hour. You know, only the higher time frames will give you that. Okay. >> So, here let's let's show the bearish gap >> and it's also the same exact thing and then we'll talk about the conditions and everything about it because it gets deeper. Of course, it's not just I see a gap and then I try to scalp it. There is a lot of things that I would expect and there's um you know to be able to predict one singular candle on the chart. You kind of need to be very aware of what you're doing. It's it's not it's not an easy easy job. So here we'll do a bearish rally gap. Okay. So same thing I look at a 15minute and an hourly unfilled gap. >> Okay. >> And then we're going to talk about this candle which is the most important concept of of the trading system in a sense. >> Okay. >> The bearish value gap is a three candle pattern where the down wick of the first candle doesn't touch up wick of the third. Got >> meaning it's the same exact thing but reversed. Okay, meaning that here there is a gap between those candles, >> right? >> In terms of volume, what does that mean? It tells me that sellers were so aggressive that buyers didn't have a fair exchange, which means that in terms of volume right here, it would be a low volume area, which it tells me that price is currently inefficient in or in order for price to be efficient, it needs to find fair value within the fair value gap. So, it's kind of a pullback theory. As soon as we create a gap, I would expect price to dig into this gap and give me a 10 to 15 point scalp that is consistent and replicable in the long run. >> Okay, >> you want to skip the long evaluation process and get straight to funded because Tradeify actually gives you that option. Traderify Futures is one of the most trusted prop firms in the industry. They paid out over $125 million to their traders whilst operating consistently for years with stable conditions. And here's the big thing that most traders care about. 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The [music] link is in the description below. Let's get back to the episode. And this is looking at a trade in the same direction as the existing trend. Is that right? >> It's a counter trend play. >> Interesting. >> So when price, let's say on the bullish gap, >> Mhm. >> price will go up. >> It will create higher highs, higher lows. And then once you create that gap, you'll you'll put a lot of emphasis on that third candle, how it closes and the structure within it and the time in order to be like, okay, >> price is currently so is pushing so um aggressively in one direction and we're creating those inefficiencies below us. Those responsive sellers are starting to step in and we need a healthy pullback right now. And usually this is the moments where we're going to find the pullbacks and price will continue that trend. Okay. >> But usually price will never go one way like this and never pull back. Usually when when you want to find a pullback, it will be towards those gaps. Okay? And it's the same thing if it's if it's a bearish scenario, it's a counter trend play in the opposite direction. So price goes down creates lower lows, lower highs. And then once you create that inefficiency, so you need to be looking at two time frames and have two tabs, the 15-minut and the one minute or the hourly and the five minute. Then right there, as soon as you see um the confirmations that we're going to talk about, I want to scalp the move back towards the unfilled, which is a an area of interest, an area with low volume, an area where I expect price uh to get drawn into because there's low volume. >> Okay, got you. So, all of your trades are based on the idea of trading inside of the fair value gap and the reaction from that. Is that right? >> I want to That's a very good question. A lot of people will use those gaps as an entry model. >> Okay. >> Okay. People will put let's say when you create a gap a lot of people will see those gap being formed >> they will see those gaps being formed and they will be like okay we formed a bullish for value gap let's say like this and let's say the gap is here. Okay let's say this is the 15-minute gap and they will be like all right the trend is bullish we created a bullish gap. Let me enter here, put my stop loss below these scandals low and take profit at a one to two risk toward the upside because we created a gap. There is a lot of aggressive buyers that this pushed price to the upside. So I would expect that price will bounce from this gap to create new highs. >> Okay, >> but do you see I said expect which is um you're kind of predicting instead of reacting. M >> my job is to react to what the market is telling me. Instead of predicting that a fur value gap will hold, why don't you react to it being formed and trade back into it, which is the next draw liquidity the most the easiest trade that you can ever take. And I always say this, easy money trades make trading careers. That's a that's a take that lens. Um I look up to him a lot. Stock trader says a lot. 10 to 15 handles. Those are the B kind of setups, B minus setups. But if you can consistently hit them, those $200 trades that you take today will eventually make you 2,000 if you have enough practice and if you know exactly what you're doing. >> And that's the scalability also within my framework. Uh a onetoone it's like I love the one to ones because it's it's something that is replicable and it's something that >> um keeps me healthy in my life. I don't have that gambling urge. I go for base hits and I let the consistency compound instead of just going for home runs and doing something that is hardly replicable uh mechanically. You know, of course, I know a lot of people have different frameworks. I have one to threes, one to fours and it works. >> But for me, >> I I know how much intuition those kind of systems need in order to work. So, I just never try to trade them. >> Fair. Fair. So, let's get into what I'm actually looking for because this is the framework and it's like the the road map to what I'm looking for. But there's a lot of things um when we talk about the timing >> and the power of three, it gets deeper. You'll see. >> Let's do it. >> So, like I said, my job is to be able to predict one singular candle on the chart. >> Yeah. So if I look at a 15-minute parallel gap being formed, I'm looking to see if I can predict a fivem minute candle. >> Okay. >> And if I'm trading an hourly unfilled gap, I want to be able to predict one singular 15minute candle. >> Okay. >> Okay. And every single candle has an open high low close, which is a concept called the power of three. >> Okay. and you'll see the kind of how far I've pushed that system in order to understand the timing aspect because of course price is good you know price action is king but if you can't time the market every single day then you don't know what you're doing you're gambling okay and it's a big part I think timing is such a important concept when it comes down to scalping and how replicable your your system is in the long run so here let's say I'd be looking to scalp an unfilled bullish rally gap. So, what I'm expecting actually when we create those gaps, this bullish rally gap. >> Yeah. >> What do you think I'm expecting right here? >> You're looking for a pullback into the fair value gap. >> I'm looking to scalp the move back from this candle close to the gap. So, this is my trade. >> Got you. >> Okay. So I'm actually going to be let's say I'm looking at a 15-minute fair value gap M15 and that's my FPG. >> I'll be looking to scalp and predict one singular fivem minute bar. Okay. So I'll be trying to predict this bar right here. >> If I'm predicting that the next candle will be bearish and I know that every candle has an open high low close. Okay, that would be the open of a bearish candle. Okay, that would be the high, that would be the low, and that would be the close. If I'm expecting that the next candle will be bearish because we created a bullish gap. Okay, of course, I need to look at the structure to the left where we're going to talk about it a little bit more. >> Mhm. >> But I want to enter on an uptick of a future bearish candle, okay? to be able to place myself in the best risk-to-reward scenario. Because if you want to have a high win rate, then it's very important to also be consistent with your risk-to-reward because the higher if you want to chase a high win rate, you're going to chase a lower and lower risk toward or you're going to chase a lower and lower amount of trades. Okay? So, um a frequency of trades. So, it's important to always position yourself even within a quick scalp in the best potential uh area. So usually how a bearish candle will operate is that it will open create the high first flip below its opening price. >> Mhm. >> Create the low and then close. >> Right? >> Okay. So open high low close. Exactly like this. Okay. So if I'm expecting that the next 5minute bar will be bearish then >> I use two concepts. Either I enter on an uptick right here. So this would be my entry. Okay. When price goes up within this scandal. Okay. So when price creates the power of three, so accumulation manipulation to the upside, >> this would be my entry. >> Mhm. >> Stop loss would be above this high or somewhere within this uh upwick. >> Okay. >> And then my take profit would be inside the fair value gap. >> Okay. >> Okay. So accumulation manipulation to the upside distribution. Gotcha. >> Okay. And then close. So this would be my AMD. But really important to talk about is a concept called the flip. Okay. Okay. Because I it's not true that I always enter on an uptick being, you know, super confident within uh the structure. Okay. Because when we're going to create those gaps, what I'm going to be looking for is the the last candle. How did it close? Okay. This is the candle that will tell me if I have more chances of seeing that internal low >> than that internal high. >> Okay? >> Do you see how mechanical it starts to to get? But it gets uh it gets deeper in terms of the timing and what I expect from the market. >> Okay? >> So the most important thing is to look at the last candle. How did my third candle that creates the gap >> close within the second candle? Okay. So this is going to be the most important aspect because this is going to be my entry criteria and my confirmation level. So let's say we create a bullish gap. Okay. I said that there's two things that I look at. Time on the X and price on the Y. >> Okay. in order to replicate your trading system over the long run inside a market that is so liquid as the the indices market, the futures market, it is very important for you to be able to time the market. Okay? So, look at price and time and align them together. Okay? So, what I'm going to be looking for is trading when that candle prints. >> Okay? So when that second that first candle prints, I don't know that I'm going to have a trade, right? >> When that second candle prints and I know it's above the previous candle's high, then I start to be like, "All right, we displace." Buyers are so aggressive that I know I could potentially have a trade. >> Mhm. >> So then when that 15-minute candle closes, a brand new candle opens up. And this is when the magic happens because I want to see if that candle can open up higher and close back within the range of this candle's high. >> Okay, >> telling me that we are failing to close above the previous candle's high. The buyers are not responsive. The the responsive sellers actually stepped in and we need a healthy pullback within the market as soon as possible. Okay. >> So, here what I'm actually looking for is to see two things. Either a candle, so there's potentially two scenarios. This candle will close back within the range being bullish but having a super small body and a big upwick, >> right? >> Okay. This is your typical uh reversal kind of pattern like evening star or shooting star, how you want to call it, but it actually tells me a lot when I have a gap below me. This is the importance of having a framework. It's of course if you look at those candles and you short every single one of them, you're not going to see uh consistency. But if you have a certain framework where you're always required to have a low volume area below you before you're entering, that makes a little bit more sense. >> Okay. >> So here it's either going to be this kind of candle. to a candle sweeping the previous candle's high, closing back within the range being bullish and having a pretty big upwick or a candle sweeping the previous candle's high and closing back within the range being bearish. Okay, just want to remind people that in those candles need to close back within the range without tapping the upick of the first candle. We need to see >> the fair value gap >> the fair value gap being created and as soon as it gets created this is the moment where I'm expecting a 5m minute bearish candle to operate. >> So at that moment exactly >> so this is looking at a 15-minute chart again. Okay. >> Okay. Or an hourly. >> Yeah. >> So here the structure that I want to require and how I'm expecting the next few candles to print is extremely important because of the timing aspect. Okay. So there's two ways I can potentially play that exact scenario. It's either I'm predicting >> few minutes before the close because I know we are most likely going to close that way because of time which is a concept I think not a lot of people do >> which is uh really important within my system >> or wait for the close and then trade. >> Okay, >> what does that mean? Let's say this candle closed and I know that we have 15 minute for the new 15-minute candle to close, >> right? So, it's it opens up. Okay, we go higher. At that point, I don't really mind. I don't know what's going to happen. I know that if it this candle closes back within the range, we're most likely going to have a trade. Okay, >> so let's say this this is the high. Okay, so then I'm looking at the timing. Okay, the timing being very important. So, let's say there's price pushing to the upside and then price starts to dig down very aggressively back down. This candle is still not closing bearish, but it's creating a pretty big upwick because the high of that previous hourly candle or 15-minute candle uh created a pretty big upwick. Okay. So, then I'm looking at time in order to either potentially position myself earlier before that candle closes if I have enough cues on the one minute chart. >> Okay. um or wait for the close. So let's say I'm going to do the scenario where I'm going to be predicting so premature entry. So let's say here it's a new 15-minute candle opened. We it's let's say there's about 2 minutes left for that candle to close. >> Okay. >> Okay. If I know that we're so far, let's say there's 20 handles separating us from where we are right now to let's say the high which would be right there. And I know >> that the likelihood of us >> creating my shooting star candle is around 90%. Then I'm going to take a premature entry. Okay. So then it will be an entry at around 2 minutes 1 minute before that 15-minute candle closure to then expect that the structure that was created within that one minute chart because this is the one minute structure and those are >> the the 15-minute candles and then I'm going to enter predicting that it will be an open low >> Mhm. >> of the new 5minute bar. >> Okay. >> Within the fair value gap. So as soon as this candle will close, we will dig inside the 15-minute gap. Okay. >> So that candle will be fluctuating. So it will look it will look bullish first, then it will go back down. And as soon as I know that it will close, it has a big likelihood of closing in that way. >> Then I'm going to stab it and then predict that this candle will do this >> back down towards the unfilled gap. >> Okay. >> Okay. >> Yeah. That is the first which is um something that I think a lot of people are not using is premature entry of that 15-minute or hourly. You need to be looking at the time because it's really important those especially when you look at a 15-minute candle or an hourly candle, your narrative could quickly flip. >> Okay? >> If you're entering here on the first inverse, let's say, or you know your first entry, but there's 9 minutes left for that 15-minute candle to close, >> it could look very different. that candle could close bullish and you would not be on side or you will not be able to read the chart in the right way. >> You need to react to what the market is telling you. You see how much of a higher risk toward trade that could be because if it starts running lower then you're in a monster trade >> potentially because you you predicted the upwick which is not what we want to do. We want to make sure that this candle closed or is very close to closing and then we're stabbing the move back down for 5 10 15 handles. You can consistently hit this then you're good. Okay, >> so that would be the first one. Or the second one would be >> um having a sweep of that high, let's say, and the candle closing bearish, which is higher probability in my opinion right? >> Because the opening price is such an important aspect of um my system overall. It tells me who's in control and >> if we have a lot of aggression, the body tells me a good >> um you know, good information. The upwick gives me a good information. The down wick gives me a good information and what's below me also gives me a good information. Okay. So what I try what I'm trying to validate also within those two frameworks let's say the last 15 minute bar or the last hourly bar that will create a gap is the structure within it. Okay. So it's not true like I said that I will always open let's say always enter on um let's say this candle close. >> Okay. It's not true that I will always enter as soon as the new 15-minute bar will open. >> Okay. >> Okay. Because yes, the gap will be created sometimes, but the structure within this one minute chart is actually important. Okay. >> So, there is multiple scenarios that can happen within the one minute chart. Okay. So, let's say we are going to create a 15-minute gap below us. >> Mhm. >> Let me ask you something. Are you actually improving as a trader or are you just making the same mistakes over and over again? I find most traders think that more screen time equals better results. Here's a news flash. It doesn't. What actually does improve your trading is feedback. And that's exactly what Tradezella gives you. It's an automated trading journal that connects directly to your broker and pulls every bit of information. So, there's no more missed data and there's no more missed feedback. From there, it goes on to break down everything for you. 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I use a concept called the flip when the structure is absolutely not tradable and I have no confidence in predicting the next fiveminute bar. >> Okay, >> so let's say this. We have price doing >> this. Okay, so we just accumulated. We have an unfilled gap below us. Every single criteria is met. So let's say we we pushed even higher here, >> right? Let's say we pushed even higher here, let's say, and we actually created a pretty big up within this candle within this 15-minute cycle. >> Do you think I have a high confidence within, you know, shorting this market on basically, let's say this is the close and I would expect that the next fiveminute bar will dig deeper within the fair value gap below me. So, I would enter on an uptick of a future five-minute bar. So, open high. Mhm. >> Low close. Okay. So, my entry would be here. Do you think I'm confident within this play? >> If if this structure accumulated, do you think I would be like do you think I'm able to read what's happening on the one minute chart or do you think it's kind of blurry and I need to wait for the more confirmations? >> Maybe blurry. >> Yeah, absolutely. because the structure within that last candle is what's going to tell me the probabilities of me creating a new 5minute bar to the downside aggressively or if we're going to open up higher within the next candle because you never know what's going to happen. There's two scenarios. It's either this candle close closes and we open up higher to form the upick of a future bearish candle and then we dump back down. >> Yeah. >> Or let me do it again. Let's say this candle closes. It's the first scenario is we open up higher. Okay. Create the upick of a future bearish candle. Then we dump back down towards our draw liquidity. Yeah. Or we open up immediately from that close. Okay. We open up lower into the gap immediately. >> Mhm. >> The structure within this candle is going to tell me if there's more chances of scenario number one or scenario number two of happening. >> Okay? >> You see, so this is why the one minute structure is also important. And of course, >> it is important to know who's actually in control right now. >> Okay. Okay, who's dominating the market right now, but it's not something that I'll use in order to predict future prices if I don't have the 15-minute framework being applied to my system. >> Yeah. >> So, let's get back to this scenario. If price is accumulating, I will use a concept called the flip. >> I will wait for this candle to close. Okay? So, let's say closes that way and it creates some sort of a this candle. Let's say this was um the open >> this way. Let's say this was the open, this was the high. >> Yeah, >> this was the low. And this was, let's say, the close. And it's very close. Okay, >> this candle will close. A brand new 15-minute candle will open. And I use a concept called the flip because it tells me if the sellers regained control of the market. If we create a bullish gap, I'm looking to short it. If we create a bearish gap, I'm looking to long it. Okay? So, let's say we have a bearish gap right below me. One thing that I'll use is a flip. I'll wait for the new 15-minute bar to open, new 15-minute cycle. And if the structure is not good enough, then I will opt for the scenario number one, which is wait for the open high. So, new bar opens up, goes up higher first to create what? The upick of a future fiveminute bearish candle. Sometimes price will go up and it will disrespect my framework. Will I lose in this scenario? know because I did not trade this blindly just because we created a gap that I will short the market back down. Okay, it can easily disrespect my framework but I need to have rules in place in order to make sure that when my framework gets disregarded then um I'm either not in the trade or I protected myself. So let's see here. So the concept called the flip is waiting for the new candle, the new 15-minute candle to open up, >> create the upick of that candle first. Mhm. >> Okay. So, let's say this is the close like I said. Okay. So, the the close of that previous candle is the open of the new one, >> right? >> Okay. So, then I will wait for it to create an open high. >> Mhm. >> Hey, sweep liquidity go back down and as soon as it flips back down here, this is the moment where I'll know, okay, if I had very bad structure within the one minute chart having my framework and I opted for scenario number one, then this is my entry confirmation of what I call the flip. So, a 15-minute bar going from being bullish to bearish. When I have an unfilled gap right below me, it will tell me that this is a protected high. I can put my stop loss right here, entry right there, >> and my takerit within the gap. Okay. >> And I are you waiting for a candle close to confirm the flip or is it just price moving through that level? >> That's such a good question. I would usually wait for a candle to close or I would wait for an entry confirmation within this area. Okay? Okay, which is the one minute chart. Let's get into the one minute chart. Because >> when you apply all this framework, this is when you truly start to understand why >> a break of structure actually makes sense to short or break and retest a head and shoulder pattern. uh let's say for me I use ICT concepts to um you know explain the way that I trade but the breaker block the inversion for value gap the uh order block SMT divergence it all starts to make sense when you apply a framework when you understand a certain market mechanic um and you have rules in place this is where you can truly play around with the metrics in order to you know adapt to the market conditions or actually be profitable >> okay >> so let's get into the entries. Okay, cuz we went over the scenarios where >> what I'm expecting if like I said if this candle closes within the range of the second one. Okay, so candle I call it the candle number one. This is candle number two >> and candle number three. >> Yeah. >> Okay, which is this one. So you know what? Let's do a set of rules. Okay, so people have it. So the rules for this strategy, hey, we need we need that 15 minute for value gap to get created. Okay. >> Okay. So first rule M15 or H1 unfilled. >> Mhm. >> For value gap. The strategy is called the basically scalping and unfilled for value gap as soon as it gets created. >> Okay. Then as soon as you have your 15-minute unfilter gap being created, then you want to make sure that candle three. So if you're bullish, candle three closes back within the range of candle one. >> Okay. uh candle two, sorry. >> Yeah. >> Okay. Candle three closes back within the range of candle two. >> Okay. >> Meaning that you you're failing to close above the previous candle's high. >> Right. Right. >> So you're closing back within the range. If you're bearish, same thing. You're closing back like I said bullish, but let's say you're you're failing to close. If this was a bullish scenario, you're failing to close above the second candle's high. And if it was bearish, failing to close the second candle. Okay, that's click. >> So, um, we can get rid of now, let's let's keep it that way, but even bullish or bearish. >> Mhm. >> Then entry criteria. If the structure within this third candle is bad, then you need to wait for scenario number one, which is wait for a potential flip scenario. Okay? Wait for a power of three to happen. So, >> you need to wait for an open of the new 15-minute candle. a new 15-minute candle if structure is bad and your cont your entry confirmation would be the flip. >> Okay, got you. >> Okay, if the uh candle 3 closing back within the range of candle 2 and we have an unfilled for gap right below us, if the structure is good, this is when I'm predicting an open low. Okay. >> Okay. So then if I'm going for scenario number two which is the open low okay then I need to make sure that I have either a good entry model or a good um you know structure within the range that is telling me all right we have a lot of chances of seeing price displacing down and the structure within this range tells me a lot of information. So then the entries for scenario number two would be an inversion for value gap. I think a lot of people might have talked about this in the past. >> Um would be a breaker block, order block or and I would say end and SMT. >> Okay, >> which is the divergence between ES and ENQ. That would be an extra one. It's not necessary, but it gives you a little bit more confidence to enter the trade. Okay. But these would be the rules. So, you're waiting for price to close back within the range of candle three. So, candle two, sorry. >> Yeah. >> You have you need to have a gap below you or above you. Yeah. Then if you have the right structure, you predict that price is either going to open lower very aggressively towards a bullish unfilled 50-minute for gap or open up higher within a bearish 15-minute unfilled gap. Okay? If the structure is bad, you wait for the new candle to open, drive back down. Let's say we're up, create the upwick of a future bearish candle, flip, give you an entry, put your stop loss above the high, then see the take profit being hit. >> Okay. And when you So, this is all really clear to me. You're doing a great job here of mapping out exactly what you're looking for. Couple questions that I have, and I think this will kind of solidify everything that we've been talking about here. Are you more of a a set and forget person after you've got your entry on or do you have any form of active trade management? Whether that's trailing your stop-loss, whether it's scaling uh out of a position or scaling into a position further. Uh what does that look like for you? That's a very good question because you will be you will have scenarios within the unfilled for gap strategy that will be you know the close will be so strong and you will not have a lot of time to react that you will be in a scenario of a negative risk toward. >> Okay. And when you're in a scenario of negative reward, which you could have easily been here if you did not predict, let's say you were in a scenario where it was very hard for you to either predict because you were way too close to the previous candle's high >> or uh let's say the price action actually started to move at within the last 2 minutes of that 15-minute candle closing. Then sometimes you are in a negative risk toward scenario which means that let's say the unfiltered value gap is your target. Okay, which is let's say here. >> Let's say the gap being formed is your target. >> Then if you short from here to here, which is your your edge in a sense, but your stop loss was here, sometimes you'll be in a 0.7, 0.8, maybe 0.6. >> Not the best thing. >> Mhm. >> What you want to do there in those kind of scenarios is as soon as we dig into the gap, you put your stop loss to break even right there is to your entry. >> Yeah. and then you try to let it ride a little bit more few points and uh basically manage it in a way that okay you already hit the target but your risk parameters were not met so you're forced to ask a little bit more from the the downward push okay and you want to use the slow the 15-minute low as stops in order to push price lower >> these are the kind of scenarios where sometimes it's even a little bit better to >> be more patient and not force a 0.6 six trade >> ris trade than actually being involved in this trade and if because there could be two things happening. You see, even if price gives me, you know, a very good entry model and, you know, gave me the right structure in order to predict that price was going to go lower and not higher on the new candle, it could still do the scenario number one. Okay? It can do whatever it wants to. It can open up fill the entirety of that wick and then give me a move back down. So, if I'm in a scenario where I I don't have >> the right stop-loss placement. >> Yeah. >> In some market conditions, it will be barely possible to actually make it, right? >> You know. >> Yeah. Yeah. Gotcha. Well, that that was a very good question. Let's get into these entry models and what I'm actually looking for within this candle in order to predict the next move. Okay? Because we we got into a lot of the framework, which is what I said, the market mechanics, how you actually see the chart and expect a new bar to to open or close. >> Okay? >> Um, which you know, I said the 1 minute is not a good indicator of future prices. It's a good indicator of who's in control right now. But price is already within those markets that are so liquid. Price is already fared like is already priced at its fair value. When you see the one minute bar printing, it's its fair value. >> Does it give you a good indication of where price will go just because it broke structure? >> It might just broke break structure to the upside and go back down right after, you know. So that's why a framework is so important. I think a lot of people are lacking that within their system. And you see did you did you see how that time >> timing aspect got introduced? >> You see cuz it's very important to to understand this. I am not necessarily always waiting for a close. Yeah. And it's a big part of the trading system because sometimes I will enter prematurely knowing that there's more chances of this candle closing that way than closing back above that high >> which is an extremely important concept because I know how to um position myself before a candle closes. >> Okay. And it's it's hard to see sometimes and it's hard I would say sometimes you need to make a decision that will quickly get reversed within a one minute bar. >> Got you. >> So psychology wise sometimes trading a a lower riskreward system or trading in that sense um >> it's a little bit more high paced and it will be hard for you to accept let's say uh a loss that ended up not even respecting your framework. You see, if you enter, let's say >> a 15-minute candle, they all close >> um either they close at 14 and 59 seconds, 29 and 59 seconds, 44 and 59 seconds, and the hourly. Okay, so 59 and 59 seconds. >> So, if you're entering at the 43 candle and the candle closed at 49, 44 and 59 seconds and the 44 candle ended up being an aggressive big bullish candle that ends up closing above the high. >> Yeah. >> Then you're like, damn. >> Yeah. I I entered a trade that was not even valid for my framework. But you need to accept it. Okay. You need to be like, "All right, there will always be another trade. I got cooked on that one, but let's let's get into the business of the next one." >> Yeah. Okay. Nice. >> So, let's talk about entry models and when I expect either scenario one, which is open high, or scenario two, which is open low. >> Okay. So, the entry models, >> so you start to see how all of that starts to make sense. Um, and here I will use entry models that will tell me a good a good, you know, they will they will give me good information of what's happening on the one minute chart and who's actually in control. Okay, so I have one of my best entries, which is the breaker block, which is a better entry than the order block. Okay, so let me explain it that way. Okay, there's four entries. I said there's the order block, the breaker block, which is a better version of the order block. There is the um fair value gap. >> Mhm. >> Entry or the inversion for value gap which is also inversion for value gap is a better version. >> Of the fair value gap in my opinion because it gives you more context and it gives you a squeeze area. And we also have an extra confluence which would be the SMT but not required. >> Okay. >> Okay. It just gives you a little bit more information of what's currently happening. Yeah. >> What is an order block? An order block is a regular breakup structure. Okay. We create let's say >> if I want to short the market since we created a bullish gap. Let's just use the scenario since we started it from the beginning. If I want to short the market and this candle closed back within the second candle's height. An order block is just this, a breaker structure to the downside. High, low, lower high, lower low. And then what you would want to expect is if you have a gap right below you, I use this. Let's say there's a bullish gap below you. We're going to map it out that way. Fair value gap. and please short towards me because we just created it >> and a new 15-minute cycle just started. So, I put a magnet because this is my next draw on liquidity that I deal with. >> So, good. The first entry would be an order block high low, lower high, lower low. >> Okay. >> Okay. What do you want to do there? Enter on the pullback entry stop-loss. You're trying to have the widest stop loss possible within that range because you would want to cover most of that 15-minute candles range. Okay? Because if it does the scenario number one, which is that candle closes and we end up opening up higher to form the upick of a future 5minute bar, then you want to stay in the trade. Yeah. Okay. Cuz it is something that will happen a lot of times. Okay. So, >> usually that would be the first, which would be the order block would just be a regular break of structure. You're entering on the retest. This is the entry. This is the stop loss. And this is the takerit within the unfilled per 15-minute per value gap. >> Okay, >> good. >> Why do I say that a breaker is a is a better entry model than the order block. >> It gives you something that I call a squeeze area and gives you a little bit more information of what's currently happening on the one minute chart. I use ICT concepts in order to describe what's happening but I initially started trading with the market auction theory. Okay. Okay. I used the footprint chart, the TPO chart, I used volume profile. So most of my understanding also comes from aggressive buying, passive selling etc. So if I see a move up, if price goes up for me buyers are the one controlling the market. >> Mhm. If price goes down, the sellers are controlling the market. Okay. But then if that move, that last down move before uh going, you know, before breaking structure to the upside again. Okay. What does it tell me? It tells me that buyers were the one controlling the market. Sellers tried to control the market, but then buyers regain control of it. So then this part right here is um where the sellers the trapped sellers will be located at. >> Yeah. >> So usually what do we expect from bullish breaks of structures? We'd expect them to hold that area in order to create a new high. >> Okay. That's what I would expect. And this is also called a bullish order block which is the let's say the uh the inverse of that. >> Yeah. So usually when I see a bullish break of structure like this, I would expect us to create a new high. What do I want to see though when I have an unfiltered for value gap right below me is I want to see if this order block is going to get disrespected. Okay, so let me frame that again. Buyers are controlling the market, we push up. Sellers are controlling the market, we push down. We buyers regain control of it. We expect that the sellers that got squeezed within this range will cover their position. >> Okay? >> So if they clicked on sell right there to push price down, then if they're currently in draw down right now, if they get the chance to go break even, they will click on buy, which will create a lot of aggression to the upside again. Okay, that's what I wanted to talk about with the market auction theory. Yeah. So here the best way in my opinion to enter would be to wait for a failed order block to actually happen. Okay, with this exact pattern having an unshield fell gap right below you meaning that you have a breaker block high low higher high lower low >> those sellers that should have um basically >> defended I would say the those um those sellers that got squeezed that should have covered their position didn't cover it right >> and we actually sold off below it and those buyers that should have defended their position also to create new highs >> absolutely got squeezed. So now there's a lot of information, good information happening right there. And this I will use this little >> um box right here, which I call a breaker to predict that price will go back down towards the most recent low. >> Yeah. >> Usually this will be a better confirmation to predict that price will do scenario number two, which is opening up lower. >> If we create this, it's a little bit weaker. So, I might need to have a wider stop and might need to wait for extra confirmations to see price going up, create the uppick of a five and then go down. You see how I use those? >> It's a better entry confirmation. It gives me way more details >> within the chart and I know that, >> you know, I can read the market participants while price is going up or down, breaking structure and re-breaking back down. Yeah. So, you know, >> a lot of people will only use this blindly. You see how much it all starts to make sense. You can you can also trade prematurely here >> because there's 2 minutes left. You are at let's say uh 1 113 p.m. and you're you're seeing us closing back within the range. You have the breaker block. Enter. Put your stop loss take profit. It can happen on any time frame. Got >> literally any pairs. >> Yeah. >> In Asia, London, New York session. >> So we covered it. This is the breaker block. So, if I want to short back down towards an unfilled bullish rally gap, I need to either have a bearish order block or a bearish breaker block. >> Okay. >> Okay. A bearish breaker block is a failed bullish order block. Okay. >> And a bearish order block is just a bearish breakup structure. >> Yeah. Got you. >> Good. Got you. >> All right. Now, we're going to get into the last entry confirmation, which is one of the best entry confirmations that we have currently on ENQ. Okay, let's specify that this is an ENQ kind of system. >> Okay. >> Um, of course it happens on a lot of pairs and happens in a lot of moments, but uh I found better success with an ENQ because price is uh is very aggressive within those one minute bars. Um, and it's also an asset that likes to pull back a lot. >> So another kind of entry that you have is a fair value gap. Okay, what is a fair value gap? same thing but you will have let's say a bearish reval gap being formed let's say right there and you will try to short back down towards the unfilled okay is this good is not bad it tells you that a lot of aggressive sellers are located between this candle's low this candle's high within the one minute chart and then you're trying to use them to predict that price will uh see some downside into the unfilled gap >> right >> it is still a prediction are predicting that the gap will hold in order to create new lows. >> Instead of doing this, there is this is the f value gap. Instead of using the f value gap, there is a better way to use it, which is the inversion for value gap. Okay, what is the inversion fail gap? It's waiting for something called a 180. Okay, a lot of those older uh OG traders will understand this, but it's when price goes up very aggressively creates a bullish value gap. So, what am I expecting here? If we create a bullish gap within the leg that went up. Okay, >> it's >> it's the exact same thing as the order block. I'm expecting that the aggressive buyers located between this candle's um let's say this would be a one minute bar that will close that way, this candle's up wick and the third candle's down week. There's a lot of aggressive buyers located within this area. If we are truly bullish, we should hold this area in order to create new highs. Okay. If we're bearish though and we will create my 15-minute bar like this and we have an unfilled gap and everything is aligning together, I will use this as a covering area. >> Right. >> Okay. So, if this gap gets disrespected and I have the right timing, then all those aggressive buyers that should have defended the position are currently in draw down. So, if they bought in the first place, >> Mhm. But they're in draw down. Usually they will manipulate price back up towards their break even spot and they will click on sell. But there's a lot of aggressive sellers also within this leg down that will create downward pressure. So why does this pattern >> apply so well within the market or is so good currently? It's because it tells you a where a squeeze happened and a covering area actually is located. So here if you sell which would be my my entry stop loss will be somewhere within this candle's range and take profit will be here. Okay because I expected that the buyers would defend their position they got squeezed and everyone will sell at the same time. The buyers that got disrespected right here okay they will click on sell to get out of their position and the aggressive sellers will also defend their position within the inversion for LA gap. Okay. And inversion for value gap will be you know a gap being created which is exactly like this one if for value gap and version for value gap would be this. Let's say you have this that would be on a one minute chart confirmation. You have a gap being a bullish gap. >> Okay. >> Yeah. >> First candle's up doesn't touch the third candle's down. >> Right. value. What is an inversion? Is when that fourth candle that opens up disrespects it. >> Got you. >> So then all those buyers that should have defended the position are currently cooked. >> Got you. >> And we need to sell back down towards wet the unfilled. >> Yeah. Got you. >> So that makes sense. >> That's pretty much the the uh overall aspect of my trading. >> Nice. All right. This was amazing. Honestly, super super detailed breakdown as to exactly what you're looking for. And from my perspective, looking at this for the first time, there's actually so much more emphasis on the context of what price is doing rather than just the entry model itself. >> Absolutely. >> And I think that's been a real big eye opener for me. I would love to see this on some real charts now. So, if you're open to it, um let's jump onto Trading View. Let's have a look at some real examples, maybe both winners and losers, and see exactly what this looks like. >> Absolutely. Let's go. >> All right. Perfect. So, now we're on to some actual charts. Uh, I want you to give me a breakdown. We've obviously seen a lot of this in theory. I know exactly kind of what you're looking for here. Show me what this looks like on some actual charts with some trades that you've taken. >> Absolutely. So, as I said, I'm looking for to scalp unfilled 15-minute gaps or unfilled hourly gaps as soon as they get created. Okay. >> So, the first information that I will have is how the second candles the second candle will close above the first candle's high. So here as you guys as you guys can see um this is going to be an indicator that will show me um the last four 15inute bars and how the current one will be printing. Okay. So let's go on the one minute chart and this will be the the one minute chart and these will be the 15-inute bars. So like I said there was one scenario that I will potentially um you know short it short the market if we have an unfilled gap below us prematurely and one that I will wait for the close. So let's see what happens. We displays very aggressively. So here I know that if the new candle opens up right there, drives higher, sweeps the previous candle's high, closes back within the range without touching the first candle's up week, I will have an unfilled gap right below me. This will give me the information that buyers were so aggressive within this range that sellers didn't have a fair exchange. This will be an area with low volume. And for price to be efficient, we need to find fair value within the fair value gap. Okay. >> Okay. So here, let's go on the one minute chart and let's see what happened. >> So here you can see we opened up higher. Okay, that's good. >> And I also look at time. Okay, so there's price, there's time. So here I'm looking at all right, it's there's 5 minutes left for the 50-minute candle to close. So if I'm sure that we're far away from the previous candle's high, that I can take a premature entry in this case. Okay. So what do we have here? A fair share value gap that got disrespected. A bullish value gap that got created. If we were truly bullish, we should we should have created a new high from here. Okay. We should have respected that gap in order to create a new high. We have already whatever of our confirmation which is an inversion for gap. And for us to be extremely extremely confident within the play, it would be if we close below this low here, which would be a breaker block. Okay? Because we have a low high higher low higher high and if we break below this lower low >> got true. >> So then right there this is the exact moment where there is 3 minutes left for that candle to close. We created an inversion for value gap. We're displacing below the opening price of that 15-minute bar and we are not >> touching the first candle's up wick right there. So we will have most likely an unfiltered r gap scenario. So there is two things that can happen. Either price closes exactly like this, opens up higher, >> forms the upick of a future 5minute bar, goes back down, which would be scenario number one. Or scenario number two, which I would favor in this case because we have the right structure and this candle is closing back bearish. I would expect us to close and go back down. Okay. Okay. So here, let's let's see if we can have a confirmation. This would be a pretty good short area. Okay, how do you manage to enter within this position? If you created the gap, let's say the gap is right below you, but it's very close um to your initial entry, >> right? >> What I like to do in a lot of cases where the riskreward is not the best is scale in within my trade and enter while price is going up if I have a lot of confidence that price will shoot down right after. So I initiate my position uh when I have the confirmations but as if price goes up it's even a better entry for me which is uh counterintuitive for a lot of people. So let's say I will stack up my entries um within this range and basically have better and better um entries. So here I will put my takerit within the unfilled gap and my stop loss will be around this high. Okay. So then this is the 58. Okay. So if price can pick me up in other contracts right here within um >> got >> you know the breaker here I will enter again. Okay. >> Which is not doing it in this case goes back down and feels my take profit for a one to one. >> Nice. >> You see it's very quick scalps >> but very detailed and really replicable over the long run. Yeah. >> Okay. >> If price wanted to go up very aggressively at first, then I would have either scaled in a little bit more within my trade and have a wider stop. And this is why you can't also enter too heavy, too low within this range is because you would get forced to get out of a position that would potentially be a winner, but that just wanted to retrace deeper. >> Got you. >> You see? >> Got you. Uh let's get into another setup that happened on the same day. Okay, which if I just go on this 15-minute chart, you can see how that setup forms. Yeah. Okay. And also, I did not touch on the SMT divergence, which is a concept that will give you a little bit more details, but if ES, which is the S&P 500, >> sweeps, let's say, the high formed at 11:00 a.m., but ENQ doesn't sweep it, >> it creates a divergence within the market, which gives you a little bit more context of why price is currently reversing. If you have an unfilled gap right below you, then it's a pretty good um you know extra confirmation to to be able to scale in even a little bit more within the trade. >> Nice. >> So that would be the first. >> Okay. You can see how those candles when they're displacing they as soon as let's say this candle displaced I am potentially going to look for price to open up go lower slip right above the opening price and not touch the second uh the first candle's down wick here in this case. >> So let me just go right into the other scenario which is exactly right there. >> Okay. So here we're displacing down very aggressively. sellers are the one controlling the market, but I know that since we're displacing so aggressively, responsive buyers will step in. We will have some sort of pullback. >> And if I want to see a pullback, I need a fair value gap to form. And I need the third candle to close back within the range of candle 2. So, I need this to happen. >> Yes. >> And then a gap right above me. I'm logging into that bearish unfilled 15-minute gap. >> Good. I go on the one minute chart and this is my last four 15-minute candles. And this is the new one's going to open at the close of the previous one. And we're looking at 15 minute cycles. So here it's 129 p.m. >> Yeah. >> This candle, this new candle will close at 144 and 59 seconds. So I could potentially enter at 143, 142 depending. >> Right. Right. What the candles look like. >> Exactly. Yeah. >> So here we open up lower. Okay. At that point, I'm not thinking a lot about what's going to happen >> when price starts to displace. And then I'm looking at price. I'm looking at time. I'm like, all right, I need to start thinking about a potential long if we have more chances of closing above the previous low. >> Okay, so here is my invalidation level. This low, if we close above it, I know we're going to go up. So here if I enter exactly like we talked about if I enter here but there's again it's 137 there's literally eight minutes left for that candle to close this candle could easily dump back down aggressively and the framework would be invalidated which is what a lot of people are doing wrong is predicting react to that candle closing or the last two minutes of that candle closing. So here I'm going to wait and right there. Okay, you see when price starts to displace very aggressively, what do we create? We create an inversion for value gap. We create a breaker block. Okay, so we have that 180 formed exactly here >> right there. We also have that breaker block. So the sellers um that created a low high lower low should have respected basically should have um defended their position to create a new low. We did it. We created a new high. So now I have a lot of context and I can see all right how far are we away from that previous candle's low. Okay. We are about 15 17 handles away and there is 5 minutes left for that candle that 15-minute bar to close. Can I initiate an entry? >> Yeah. Yeah. >> You see? So here I can start scaling in my trade. I'm not I'm not forced to enter full size because if that candle comes back very aggressively then I'm just going to cut it out for a small loss. Okay? But if I don't enter here, then price could run out, run away without me. So here you have an entry within the breaker block. Price pushes up 42. What does that mean? 3 minutes left for that candle to close. >> 43. You see how that candle is fluctuating and going bullish and bullish and bullish. So now >> usually that is what I call a distribution cycle, which would be you're forming higher and higher highs within that candle. >> Okay. So the 44 candle which is the 15-minute close will be the high of that 15-minute bar and will be the target >> within the for value gap. >> Got you? >> Understood? So here >> the new candle will print boom 44. You see the gap is going to get created in 1 minute literally 1 second. So either right now you're taking profit because >> there could be an open low to form the down week of a new five. >> Yeah. or if price opens up lower, you're adding to your position because you're so confident that you're going to dig within this gap. But the most important thing is the target. You have a target which is your unfilled gap. But here you did not scaling, you did not scale in very aggressively within that trade. So >> you can even add another one on this breakup structure right here. Okay, which is a totally different scenario. But here you see you were forced to enter prematurely within this trade. So there was there was a case that there is going to be times where you're going to enter at 42 3 minute left before that candle will close and it will be the high of that candle that will close bearish. >> Yeah. >> Okay. And at that moment you close your laptop and you will just walk away. Okay. >> Um so here your take profit will be that high and look at what's going to happen as soon as this 15-minute account will close. >> Pop into the gap and look at what happens right after. >> Yeah. Daps that we need to fill in fuel to continue that downtrend. >> So in this in this day >> we created >> one bullish unfilled gap. We as as soon as this candle closed back within the range bearish we went immediately back towards the unfilled. Same thing here. Okay. Of course there is going to be losers. There will be frameworks that will get disrespected disrespected. Sorry. But if you have a good stop-loss, if you have risk management, if you have rules in place and you have a business plan, >> then you have a set of rules that you know you can rely on. >> I love it. >> So, here's another scenario. This is the 15-minute candles, last four 15-minute candles, and a new 15-minute candle is going to open. So here like I said if this candle closes back within the range of the previous candle. Okay. So the candle number two this is number one. This is number two. This is number three currently printing. >> Yeah. >> I will have an unfilled gap right below me. And this will be my drawn liquidity which will be know my target. Okay. And the reason why I'm taking this trade. >> Mhm. >> Look at what's going to happen. We go down first. And you can see the difference between this setup and the other one. >> Yeah. >> Is that we didn't sweep this high. >> We have what we call an inside bar candle. Yeah. >> Which is a candle that I judge being accumulation. A candle that is not going anywhere. Mhm. >> But here it is lower probability to short an inside bar candle rather than waiting for this candle to sweep the high and close back within the range because you don't have um you know the confirmation of the sweep of liquidity. Okay, right there. So here timing wise right now it's 56. So there's 4 minutes left for that candle to close on the 15-minute mark. >> Okay, what did you create right there? A bullish one minute fair value gap. If you're truly bullish, for me, you should respect this gap in order to create new highs. >> If you're bearish though, you will disrespect it and your next draw will be this unfilled 15. Okay? So, I'm using the one minute candles to tell me the story, the lower time frame story, but I'm using the 15-minute candles to tell me the overall direction. >> Got you. >> So, here, if we disrespect this gap, it will give me a really good confirmation that sellers are the one controlling the market. And right there, this is the moment where I disrespect this gap. >> Okay, >> when I disrespect this gap, usually what I'll do is I'll either enter half size on the close and wait to enter full size on the pullback to have a better risk-toreward. >> Yeah. Or what I'll do is uh if if I really like the price action, I'll enter full size. But usually uh my stop loss will be within this this candle's high and my take profit will be within the unfilled 15 which will be my target for one to one. So in this case like exactly like the scenario I talked about um >> you're forced to enter in a scenario that if you want to target the internal unfilled you will be at a 0.6. >> Okay. So here if you tap the share value gap then you need to be break even. >> Yeah. Yeah. >> Okay. So here let's say I'll be shorting the market right there. Let's wait for me to get tapped. >> I'm in. Stop loss will be above the high. Take profit will be here. >> Okay. Let's look at what happened. We opened up on the new bar. This is the new candle opening up. So here it is looking a little bit more like an accumulation like I talked about a little bit more like okay it's it's lower probability because we did not sweep that high. So I could see price opening up higher sweeping that high which is going to be my stop loss is going to be liquidity and then dumping back down. Yeah. >> Okay. So let's look at what happened. went back down again, swept me. And let's see. This was a huge consolidation. And let's see the beauty of it right there. Oh, the chart is acting up right now. >> Okay. So, right here, >> you see it swept me and then price consolidated. It's not favorable market conditions. But you can see it's 57. What does that tell me? >> It's going to be the hourly close. >> Got you. If >> I go on this hourly chart, >> this candle is going to close in 3 minutes. And we have the same exact pattern. What do I want to do? >> I want to scale down to the five because the five is aligning with the one. Yeah. >> The the 1 hour chart. >> And what do we have here? A break of structure to the downside, which is a lot of accumulation, but you could still expect us to hit this internal low before the internal high. So let me put this indicator into the 1 hour chart. >> And you can see we have an 1 hour unfilled. We go here. We have an 1 hour unfilled for value gap that is going to be created in 2 minutes. So here I could potentially re-enter, >> put my stop loss above that high, take profit within this range. >> Gotcha. And then you see as soon as we create the new opening of that candle then price dumps back down towards the unfield. And here since um let's say you entered really aggressively within this candle close there you should be break even. Let's see what's going to happen right there. >> And eventually you either hit the target or get stopped out. >> Nice. So yeah. Nice. That was awesome. Honestly, that was a super detailed breakdown and kind of give just giving you an insight as to exactly what you're looking for on the charts. Um, I really appreciate it. I think the viewers, the audience at home that are watching this have got a really good insight as to what you're looking for. Uh, honestly can't thank you enough for your time, your expertise, your knowledge, your experience in this. >> I think it's going to be super super valuable for everyone at home, man. Thank you so much for coming on today. >> Thank you, brother. Guys and girls, what an absolute masterclass of an episode. I think there has been so much value that's been shared. Let us know in the comments below what was your biggest takeaway. What was the thing that Amar shared that has helped to transform how you look at the markets? Maybe it's time, maybe it's price, maybe it's a mixture between the two. Maybe it's one of the entry models. I know for sure there's going to be something in there that helps you to refine your edge in the market and improve your consistency in terms of what you're doing. That is it for this episode. Thank you all so much for tuning in. Make sure you give this episode a like. Subscribe to the channel for more episodes like this and check out some of the other ones on the screen around you. I'll see you guys in the next one. Take care. Welcome to the Prop Firm Trader YouTube channel, the number one channel in the world for funded traders. The best way to continue to support us is make sure that you're subscribed to the channel and you like this video. That's going to help us to continue to reach the best prop firm traders and best prop firms in the game. 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