Full transcript (2966 words)
YouTube, what's going on, guys? Welcome back to a brand new IntraEquity trading video. Today, I have a wicked, wicked video for all of you. So much value and knowledge is going to be packed into this one. We're going to be utilizing the higher time frames all the way down to the lower time frame, so nothing changes there. But, there's going to be a few things maybe we haven't discussed before that you guys need to stick around to. I hope you guys enjoyed today's video. If you do, please don't forget to drop a like. Leave a comment down below. Again, we read all of your comments, and it gives us an idea into what videos we should make into the future. Let's hop right into the video. All right, guys. So, we're going to start off here on NQ. We will be using the daily chart to begin with, and there is lots to cover in this piece of price action in front of us right now. So, what can we see? Starting off all the way on the left-hand side, let's zoom in so we can look at everything here. What has happened? So, from this point here, you can see we had a bullish candle, right? From low to high in the market, okay? We ended up trading up into new highs. We had a pullback. From this point, okay? We went long, and we went long for quite a bit. If you look at this, this was May 19th, and then we topped out. So, we had 15 days of price just moving to the upside. If we focus on this low down here, okay? Take your eyes to the left. What did it respect? And we can use literally just a daily chart alone here to make things as easy as possible. Get this red box, drag it over. You can see this low here, May 19th. We tapped into this level, this area, this price over here to the left-hand side. From that point, we again, we moved bullish for 15 days. So, this is important. This is relevant to us. Why? Because now we have left a level of liquidity, so we can mark that out. Grab this low here, May 8th. Again, May 19th is respecting this level to the left-hand side. We move bullish. I grab the low, drag it over. Simple, straightforward, nothing changes here. Again, once we topped out here June 3rd, we had a slow day following that and then a massive bearish candle. From that point, I posted charts in my community on this, but I anticipated price to trade above Monday's high. So, we trade above Monday's high, which Tuesday ended up doing, and then we sell off to the downside. We have lows here, and also it would have been another target here, Friday. So, if I can just actually I'll just rewind this a day, but in live time this is what it looked like, and I just referenced people to keep an eye on Monday's high. We could possibly trade above it and then sell off into Friday's low and eventually lows in the left-hand side. So, that's what it looked like beforehand, and then price ends up having a wild day. We spike the highs, hunt the lows. Now, this is Tuesday. Tuesday finishes off like this. Now, we have Tuesday's high intact and Tuesday's low intact. Typically, this following day, aka Wednesday, is going to be no trading for me, okay? Cuz I anticipate price to have more of an inside day, meaning we're going to trade below previous daily high and above previous daily low. And typically in those conditions, not my favorite to trade cuz it's just going to be small in and out scalpy kind of trades. Don't get me wrong, it's not that I'm I never trade it, but typically I'm on the back foot, right? I'm I'm usually on the on the brakes. So, I'm not really too eager to look for opportunity, okay? Again, sometimes it does come as we know, but me having that approach, I feel like adds a big advantage to my trading, okay? Understand it is going to be an inside day, maybe I cut the risk a bit. Um and I don't anticipate too much to occur. Big sell off on Tuesday, we spike those lows off in the left. Now that we have spiked these lows out, there was liquidity here, right? We can all agree there was a level of liquidity here. Buyers stepped in, move bullish, and we left these lows intact. Price now sells off, takes that liquidity, grabs that buyer liquidity. Okay, I'm anticipating price to the upside now. Hey [music] guys, let's take a quick break to talk about the sponsors who make this channel possible. Everything [music] we put out at inter equity trading, all of the free content to help you become a better trader is made possible because of Alpha [music] Capital and Alpha Futures. And I genuinely couldn't think of better partners. I've been with [music] them since the very beginning of my own trading journey and the reason I keep talking about them is simple. I work with companies I actually trust [music] and use myself. Here's how I think about which one is right for you. If you trade CFDs, Alpha Capital is your firm. If you trade futures, Alpha Futures is where you [music] want to be. And if you're on the path to becoming a full-time trader, both sit inside a wider ecosystem that includes Alpha Prime, the best [music] route to live trading in the entire prop space. The best discounts they're currently running is [music] linked in the description below. Can Wednesday open up and hunt for the lows? Sure. If it does, awesome. Maybe we can start looking for longs again below PDL. If Wednesday opens up and we just trade below previous daily high and above previous daily low, typically not going to be trading that. We can go into the hourly chart and make sense of what happens during this day again. So, this is Tuesday's high and low. Let's move this over, okay? Just like this. And now we're showing up to the charts. We're going to try and emulate this in live time as much as possible, but this is going to be Wednesday's price action we're looking at now. So, we'll fast forward through. I'm going to mark on the next day so we don't skip too far here. Okay, something like this. And then we can analyze what price did on Wednesday. Kind of squeezy, inconsistent, not a lot to trade, right? And again, anticipating this kind of price action before it actually happens will help you tremendously. But, there's still things to talk about. So, we'll go into the 15-minute chart. We'll open up the hourly using the 15 and we'll talk about a couple things here. So, what can we see that occurred on Tuesday? Price tapped into this level on the left-hand side. So, we'll use a red box, drag it over, tapped into this level, moved away. So, this now tells me this is a level of liquidity. Simple. Just like we talked about on the higher time frames here. All right? Now again, go back to this current price action. Level of liquidity to the upside, we all know that. Now, in New York on Wednesday, again, the day we typically probably aren't going to be trading, we have a bullish move to the upside to induce buyers. Very, very important. We can add a little bit of a eye emoji here. Okay? Keep an eye on this. This is red flaggy to me. We have a move to the upside, but what don't we do? We leave the high to the left-hand side. This high still remains below this high over here. So, we did not grab any liquidity. All we've done from low to high, think of the the purpose of this move, right? The the volume injected into the market like this. This will induce buyers. So, maybe buying opportunities down here for retail, even down here maybe. Okay, look how we hold the low for quite a bit, right? This is a 15-minute chart, so we come down here and hold the low for about 3 hours, right? So, a lot of buyers are trying to step in above this low. Again, we induce buyers. Typically, what after that, we want to see price below this low now if we want to look for buy opportunities. Don't forget about the daily chart. Okay, what do I mean by that? Let's go back to the daily chart so I can remind you of what we're looking at here. Okay, so now we're back to the daily chart. Wednesday ended up finishing a inside day, we can call it, right? High and low inside, don't forget Tuesday's high and low. Now, what I want to anticipate now is since Wednesday has closed up, we have a PDL that we have yet to run. We can actually drag this like this. I don't believe Tuesday's low needs to get ran. Why? We just ran that level of liquidity. This low down here can act as a liquidity block. So, what I'm anticipating just off the daily chart alone is Thursday to open up, we spike down below Wednesday's low, we hold Tuesday's, we use it as an LB, and eventually we can trade higher. Okay? And if we we run Wednesday's low, don't forget Wednesday's high could be a target or an intra like an intraday target. And if of course, if you have more of a swing target, possibly Tuesday's high, and then maybe some highs in the higher time frame. But this is based off the daily chart alone. So this alone holds so much value for you guys. So we're going to mark these on here as Wednesday low, Wednesday's high. We're going to hop off the daily chart and look more into the lower time frames here. All right, so let's clean this up. Now again, we have Wednesday's high intact, Wednesday's low intact. Remember what we did on on Wednesday here? Bullish move up to induce buyers, leaving a liquidity to the upside. So that's a hint, right? It's almost like a breadcrumb. Follow this. You want to be able to identify these things in live time. So again, we induce buyers, we sell off to trap them. We should hold this low. If you're not sure, simply wait for a reaction. And that's what we're going to be doing here. So next day opens up, and we're going to go on to more of an intraday time frame. So we're going to be getting lower and lower. We're We're on the 30 here. Next day opens up and look at that. We have traded below previous daily low. So let's just clear the text here. So we have clearly traded below it, just like this. This is right off the back of market open. We have Asia session sitting here at 8:00 p.m. So I can plot that on for you as a time confluence. We're still trading below it, and look at that. Now we're starting to get some bullish momentum here. One close. Okay, so it's indicating, okay, this low might hold now, right? Tuesday's low. AKA, we would typically call this a liquidity block. So Tuesday's low should hold. We've spiked below Wednesday's. We've had a buyer trap occur, and we have left liquidity to the upside. Very, very important. Let's drag this all the way over into live time. Cool. Okay, so now we're approaching Asia session. Uh there is typically actually a lot of people that do trade Asia session, but there's something to cover here, something to talk about. So I'm going to remove this ray. We'll turn it into a line so it's just a little more clear. And this is going to act as PDL. We just traded below it. Cool. So, we trade below PDL. Now, we have a possible entry cooking up. And if you guys aren't new to my videos, you guys should probably see that this is typically an entry for me, especially on the higher time frames. A very, very powerful entry model. Okay, we've built a liquidity block down here after sweeping out lows. Now, the 30-minute is about to close and just like we did on the daily chart, this is where things get very, very interesting. We allowed Wednesday to close up. Thursday now opened, spiked PDL, look at my cursor. Same thing's now happening on the 30-minute chart. 30-minute closed up. We've left the previous 30-minute unran. The next candle comes in and boom, we spike out the previous 30-minute low. Boom, that is your entry right there. Stop goes below the low on the left-hand side here. Okay, just like this. And now, what can we target? Your daily high. Look at that RR. The RR potential is insane. You're looking at a 1:9 capturing the whole daily range, right? From PDL to PDH. And of course, your confluence on a lower time frame remains at these highs on the left-hand side. Remember, that's how everything basically started. Wednesday has a big bullish move up. We induce buyers, okay? With the momentum leaving the highs on the left-hand side. Okay, so we can move this over here. Our eyes go to here. So, that could be a great target for yourself course, if you want to look for this thing even further to the upside, we have plenty of targets up here. But we're just going to use this as an intraday, okay? Intraday, intraweek, whatever you want to do, um whatever you want to call it. But there's your entry in Asia session, okay? As soon as that 30-minute gets spiked out, we have this low acting as an LB. Great timing confluence right at Asia open. So, everything lines up perfectly. And look at that right next right after the entry, 30-minute closure to the upside and we should continue off from there. That was Asia. Now, let's move over into New York and talk about a lot of cool things that happened in New York. Just fast-forwarded price action into New York session, and this is going to be right after stock open, actually a little bit after, but we're at 10:00 a.m. right now. Same thing is occurring that we literally just spoke about here. Remember, bullish move to the upside inducing buyers. Look what's happening right now. Bullish move to the upside inducing buyers. That's what you want to see. When you see this move to the upside, understand, okay, buyers are being induced right now. Now, we want to trade after they get trapped. So, where's the liquidity going to be lying? You can mark out these lows to make things easy for you, or if you want to identify the very bottom, look to the left. Right? This could have been an area of buyers are buying from, like this. Very easy. So, you can plot this low on. So, you can wait for price to sell off just like this, trade below that low to the left-hand side, and then wait for price to move swiftly to the upside. So, couple things to look out for. Again, inducing buyers, you want to see price below the lows now, okay? Cuz that's where the liquidity is going to be lying, and of course, you have the low from the left as well. Cool. So, let's play price out. We get a rapid sell-off to the downside, small pullback here, and then boom, just like that. And look at the precision, guys. This is no joke. So, I'm going to remove this red box to bring as much clarity as possible, but look at that. We spiked these lows, but not only these lows, the one from the left-hand side, which is very important. And I'm sure all of you guys can probably see what's going to happen next, but look, if I play out price action, boom, rocketed all the way back up to the highs. So, this is a perfect example for you guys to just wait sometimes, right? If we go back to the daily chart, okay, and we talk about a couple things here. Remember what I told you guys the very beginning of the video. Typically, once we have a candle like this, the next day, aka Wednesday, is not a day I typically like to trade. So, you wait. Very easy. Next day opens up. Look at this. We spike out previous daily low and look at the bullish move you have from low to high. Okay, and this is again off the daily chart alone. You're capturing a whole daily candle. You go to the one-hour chart. Or sorry, actually we'll open this up into the 15. And of course, you have your liquidity also left to the left-hand side. Okay, so I hope you guys are starting to see everything I'm showing you here. Bro, man, oh man, we have so much value packed into this one. I hope you guys enjoyed today's video. If you did, as always, please, please please drop a like. It's free. Hit that thumbs up for us. It means the world. Drop a comment if you guys have an idea of videos you want to see from us in the future. We will see you guys soon. All the best.