Analyzing Market Trends and Price Points
Okay?
Count that day
as one.
One,
two, three, four, five, six,
seven, eight, nine, ten, eleven, twelve,
thirteen, fourteen, fifteen, sixteen, seventeen, eighteen, nineteen,
twenty. So right here, September 22nd, that's
20 days look back.
Now, inside that range
of 20 days,
what we're gonna look at is the highest high and the lowest low.
Very, very simple. It's not complicated.
It's not
ambiguous. It's very specific. So what would that be?
This is the lowest low,
and this is the highest high. So in deference to those two
price points,
there's the 22nd and the candle right before it's the lowest one in all of
these ranges up to that high, this is the lowest one.
So all you gotta do is drop a box on that,
anchor it up there, and this is just for visual representation.
Y- you, you don't need to do this 'cause it's,
it's just lipstick to help me
communicate something to everyone that's watching.
But inside this range,
that is my 20-day look back.
That's all I ever need.
I don't ever look-- I don't ever need to look to 40 days
or 60 days.
Now,
if you're in a market that's running,
for instance, like gold, and we'll talk about gold in a little
while,
but if we're looking at just tell me what the market
needs to be focused on right now, what PD arrays are gonna work right
now, which one's the central focus, withdraw on liquidity is the ones that I
need to be worrying about right now, give me the right now skinny ICT.
Make it short and sweet. I ain't got time.
You know, I'm, you know, I'm only 20 years old.
I ain't got this all the time in the world to learn all this stuff, okay?
This is what I'm looking for right here.
This is my bread and butter when I'm real quick,
kinda like sitting on the
sidelines, you know, waiting for something to pop up.
My go-to is this.
So I wanna go back over the last twenty days.
If it's a mo- market like gold, I almost went over this without saying it.
If it's a running trending market like gold is,
okay, or silver, something like those markets
where they're going parabolic,
then I'll go back 60 or 40 days and, and I'll get the
range there. Okay? And-
End of transcript · 402 words