If You Can't Spot Liquidity... You Are The Liquidity

0:00 Hello and welcome back to the PGA Trade Review Series. And we are cranking out the trade reviews here on the YouTube channel so we can help more traders become successful, profitable day traders. It's my goal to hit 100,000 subscribers on this channel and at the same time affect and impact 100,000 people to help them get closer to profitability. If you guys have never been here on the channel, my name is PJ Trades. I'm a 10 year day trader. I found the futures market in around 2019 during COVID 2020. And I've been trading futures ever since full time. I've been utilizing live capital, prop firm capital, and just giving you guys these free trade breakdowns here on the channel. Today's trade setup is another classic continuation model.

0:47 But the theme of this video is going to be liquidity sweeps. and how I was able to identify a fraudulent liquidity sweep that most ICT traders likely got torched on today. Now I'm gonna show you exactly why and explain to you exactly why over the years of experience, I've noticed why these are fraudulent liquidity sweeps. Guys, all I ask in return on this channel is to like, comment, and subscribe. Tell a friend about the channel so they can get closer to becoming a profitable day trader. That is my goal here. is to make you guys profitable day traders and reverse the chains of society back into your favor and gain some freedom in your life. So today's trade review is presented by no other than Tostitos,

1:36 the chip company. So I'm gonna play a little bit of a game here. I want you guys on this one minute timeframe to tell me where you think PJ took a trade today. Now, The person that answers it correctly, I will be gifting a My Funded Futures Rapid plan to. So take the next 10 seconds, figure out where my entry is exactly. And if you need to see the price chart, it's on the right. Type it into the comment section at what price I entered and what price I exited out. If you get it right, you will win a My Funded Futures Rapid plan. compliments of your boy PJ trades. Now I'm gonna reveal where the trade happened today. Let's get on into

2:23 it. Okay, so as you can see, this is where my entry was. Now let's break down something extremely important in this trade review that saves us so much pain and so much money and gets us into this trade set up with zero drawdown. Let's bring it back. to this exact moment in the market. So we are looking at the market quotations sweeping this London low here. Now, in my experience, whenever the market wicks into a major liquidity pool like the London low, but you do not get a candle closure strongly below it,

3:09 and then the V shape, these are fraudulent liquidity sweeps. I will debate you to the end of time on this subject. How many times have you seen this happen where the market slightly wicks into a zone? You get extremely excited about the possibility of a breaker formation here. You're longing into this. Your stops are here. You're targeting relative equals or even higher than that just for the market to completely humble you. just like that. Now, I live communicated this to the Discord today, how I did not trust this London low being a true sweep of

3:55 liquidity. I need a candle closure below, a strong manipulation, and then the V-shape for that to classify. Listen, I don't care if you don't believe me or not. Back test it for yourself. Watch how many times this stuff does not actually truly deliver a reversal trade. So as I see this, okay, in real time, I'm already saying this is not safe. This is not a safe London low. We are likely going to go lower and manipulate below it. If we jump onto the five minute timeframe here, we can see kind of clearly what structure is basically telling us. We have a really big kind of consolidation pattern here that we finally break out of here to make a new lower low. Then we make a new lower high, a new lower low. And now if I'm looking purely at

4:43 structure, a pullback into a five minute fair value, specifically a sell side imbalance, buy side and efficiency like this one, a bearish gap and a rejection here will definitely start to get me very interested in a continuation model towards that fraudulent London low sweep and possibly the Asia low below. Okay. Well, That's exactly what ends up happening. The market pulls back into that five-minute gap. Very nasty WIC rejections here for a couple of minutes. And we finally start displacing, making now a new lower low below the fraudulent London low sweep. This is when I start getting extremely interested in a trade idea

5:32 because I still have an available Asia low and New York PM low below me. Now I just need to find some sort of entry model to take a short into. So here we go. Market comes down and it does the same exact thing that it does at the London low. It does the same exact thing twice. Telegraphing that that is not an Asia low sweep, guys. That is not going to be safe. We are going to pull back up and come even lower than that. Two times in one session, it's like gifting you. If you just

6:17 traded multiple years, you would know this by now. Here it is again. This gives us the same exact idea that the London low gets swept, okay? We sweep Asia this time. We pull back up into a nice sell side and balance right here, buy side and efficiency. And we start to wait for rejection out of this zone, guys. This is like very simple stuff if you've been in the marketplace a while and you know how we trade. So here comes the rejection out of that one minute gap. And now all you need to do, have your eyes locked and loaded on this one minute gap right here. This one minute buy side and efficiency, sell side and balance. Now, Here comes what I call feel.

7:04 You can't be a robot. You could be robotic in your processes and your approach and your risk, but this is where feel comes into the market. This is where I excel in my opinion. I can feel it and I can see that this market is ready to now go manipulate that Asia low and go below this external low that it just put in. So where am I going with this? You see how this one minute right here is the one minute buy side and efficiency that I now need for the market to flip lower? Well, if I wait for that to happen, look where the candle closes. I am now completely chalked on my RR. I have no way of trading this correctly. So

7:51 back to my point. I now take a front run IFVG, giving me... An absolutely beautiful shorting opportunity with zero drawdown and the ability to go break even at the external low to protect our position. And that is exactly what today's trade setup was, guys. It was just clean as day, low, lower high, lower low, lower high, rejection out of sell side imbalance, One minute IFEG front run, bada bing, bada boom. The server eats every single day. This is another one of my favorite setups. I said yesterday that the

8:38 internal to external was my favorite setup. This is also internal to external as well, if you guys are noticing, right? It's just a different variation of it because I'm working off of lower timeframes versus yesterday's 15 minute timeframe. So we get... All of this, the same concept, we go internal liquidity, targeting external liquidity down into the lows for another massive day. Guys, if you're not excited to become a profitable day trader, I don't know what will excite you in life. There's no better job than this. I was done by 9.53 today, okay? And I can enjoy the rest of my day in the beautiful North Carolina sunshine. I hope you guys are enjoying the trade reviews, man. Leave me a like, comment, subscribe. Tell a friend,

9:24 tell your family members. I love y'all and I'll see you guys in the next trade review.