MY ICC UPDATE

0:00 I know I was supposed to make this video and drop it the other day, but not going to lie, I'd rather just give you guys straight educational video right out the books like like old times like old times. Uh with that being said, today is July 30 the 30th at 2:05 the market is going to close in 2 hours and currently we are in a gold setup. As you can see, we are up $1.2 million on gold buys. >> [sighs and gasps] >> Twitter, Twitter, Twitter. If you don't follow me, go follow me on Twitter. That's where I call out the trades. Also, Instagram as well. Instagram and Twitter, follow me on both if you want to. Put notifications on that, put

0:46 notifications on Twitter, put notifications on Instagram, put notifications on on YouTube. Three three apps, that's it. YouTube, Twitter, Instagram. You could do YouTube and Twitter, you could do YouTube and Instagram. Whatever works for you, whatever platform you use. But here I document my trades, Twitter I post my trades, Instagram I post my trades and a little bit of life if you care about my life, but you know, as it is, right? So, with that being said, today I'm going to break down how I trade. I made a video the other day that was going into it and pretty much giving you how I trade now. I'm going to post that one, but I'm also going to post the second part. So, there's going to be part one, part two. So, part one might

1:32 be the same as part two, part two might be the same as part one, but I'm just going to repeat it again because it is it is Ju- Ju- July 30th, July 30th and you still are not trading correctly. Some of you guys I'm proud of some of you guys. I'm disappointed in some of you guys. You guys you guys, you girls, I should say you guys, you girls. you guys, you girls need to understand that you men and women need to understand that I can tell you everything, but you're going to be the ending factor pretty much everything. Oh my god. You're going to be the ending factor of everything. Right? LeBron James can teach you how to play basketball, but doesn't mean that

2:19 you'll be as good as LeBron James because your work ethic might not be the same as his. He can give you the instructions, but are you going to really work and put the hard work into those instructions? So, with that being said, I'm still going to break down everything, tell you how I like to do it word for word, bar for bar, everything, thought process and all. I feel like we've been over this a thousand times and you're just not listening. Anyways, uh yeah, I'm going to do this quick cuz I'm trying to enjoy my I won't even call this a vacation. I'm just chilling. I am currently in Turks and Caicos. Currently in Turks. As you can see,

3:06 >> [snorts] >> I need to be walking the beach right now, but I'm trying to teach you guys how to trade. Like I really should be walking this beach. But I'm going to spend my next 15 minutes trying to teach you guys how to trade just for you not to listen. I'm disappointed. But anyways, let's get into it. Subscribe, like it. I need like I need you guys to like and bro. It's almost the end of the year and y'all asses still blowing accounts, still doing dumb [ __ ] Like the [ __ ] All right, so right now I'm going to So,

3:55 right now I'm going to break down a couple of things that I've changed when it comes to my trading. And it's not going to be dramatic. It's not going to be like the craziest thing in the world, but what I will say is I've focused more on price action when it came to my entries. I'm going to show you guys a little bit of how I break down a charts today. Um whenever we do get a new entry, I'll break down my entry. Um yeah. So, with that being said, let's go ahead and get into it. So, first and foremost, a lot of people know that now I do not use the 15-minute time frame for entries anymore. Uh it just hasn't been like look at this. If I go here If I go here, I'm not really getting too

4:41 much like Let's say if I was to place like Let's say I place like a sell, right? If I place the sell and then I put my stop loss above previous structure, I would have got tapped out just for it to go all the way back down, right? So, it looks different when you're on the 1-hour time frame and you put your stop loss here. So, if we go here and then we put our stop loss above here where this already happened or where all this happened at. And then we look for Let's say a break. And I'm just giving an example. I'm just giving an example. You see how price can fluctuate in between here and do whatever for it wants. Now, that's not a great entry, but just trying to show you that I don't use the 15-minute time frame anymore for any of

5:26 my entries. I basically go off the 4-hour time frame. So, I'll always go off 4-hour time frame for markup. Still. That has never changed. Markups. All right? And what I mean by this cuz a lot of people sometimes get confused. What I mean is I would just go to the 4-hour timeframe, I would come in, do this. Look, I'm going to keep it real simple with you. Boom, do this, be like, "Okay, current price is at 4,036. Let me go up. Okay, this is my high. Okay mark. Okay, this high was created from here. Okay, that's my low. Boom. And that's it. That's all I do.

6:12 That's literally all I do. Go from here. Oh, this is current price. This is where it's at right now. Like right now at this moment, it has is at 4,036. Move my cursor up. Until I get to the high. Oh, I see that when it was here, it made it sell down to where it's at now. Okay, mark. Okay, I go from here. Where How did this come up to to this high? How did How was this high made? I go all the way down to see where it came from. Boom, I run into it. Here's the low. If price is in between both of these, this means that this is a no trade zone. So now, >> [snorts] >> I know this is a no trade zone, right? And I can't trade

6:59 anything. So, with that being said, now all I got to do is wait. So then I would come here. So I double click with both my fingers on my MacBook. Click or right click on your mouse, whatever you're on, or hold the screen if you're using your phone. Come here. Crossing down. Trigger every time. You can put whatever you want. I'm pretty sure I forgot how to add the name. I guess you can't do that anymore, maybe. And then I come here, set the alert. Now I have my alert things off, but you if you want to turn it on, you can come here.

7:46 Uh alerts, alert line, boom. I set a lot of alerts, so as you can see, this one got triggered. Let's go ahead and delete this. I set a lot of alerts. I live off of alerts. Look at Look at the side over here. Look. Just look. Alerts, alerts, alerts, alerts. I live off of alerts. I can't I can't function without them. Literally cannot function without them. So, everything I see, if I want it, I'mma set an alert on it. Right? So, set my first alert there. At the support of my no trade zone. At the resistance of my trade zone, set an alert there. Right? Your your trade Let's say your trade should

8:33 always or let's say setup. Setup should always come or let's say start out with a no trade zone. Right? And this is for beginners, cuz you don't always have to trade out of it. You can can trade the continuation of something, but your setup should always start out of a no trade zone. Let's put it this way, too. Your setup should always come out of a no trade zone. Whichever

9:19 way makes sense to you. So, basically, you see my setup. This is my setup. Even if I seen the trade like this, and so let's say I take this. Let's go to ghost feed. Where is the ghost feed? Ghost feed right here. Let's say I was to take this. And this is my indication, right? Or this is my indication. Hold on, let me try it one more time. Ghost feed, boom. Boom. Right? Two inputs, grab this. Let's say this is my indication. Oh, we have an indication. It came out of a no trade zone. Right? It It came

10:05 out of a no trade zone. So, this is our indication. So, basically, if I wanted to get in this trade, I would need to see some type of correction. So, we're just going to take this right here. And we're going to put this and we're going to look for a correction. So, let's say price came here. It gave us a correction. Once it gave us that correction, then we need to get into the trade again. Right? So, all I'm going to do is wait for it to come out of that no trade zone before I place the trade so I can place this trade the next time. So, basically, it'll look like this. Trying to find I need to just go ahead and save some of these on here.

10:53 After all these years, I can't even find the Okay, cool. So, then we'll have our stop loss above here and then we'll target down here where that low is. Right? And that's how That's how I would want to do it. But, basically, why I'm explaining this is your setup should always start out with a no trade zone. So, we got a no trade zone right now. The indication is going to come outside of the no trade zone. Your Your trade is always going to be on the outside of the no trade zone. So, basically, how we get the no trade zone, once again, we look at current price, we go to the high, we go to the low of what created that high, vice versa. So, if it was sales, we would Let me see if I can

11:39 flip it again. So, if it was sales, I would go from the high or I would go here. I'll be like, "Okay, where's that low?" There's a low. That low created off of that high, so the high pushed it down to make that low. All these things, right? So, basically, once again, Okay, this is current price. It's buying, right? Let's just say Oh, it's buying. It's buying. Where did it buy from? That's our low. Where did this low create from? This high. So, once you find the low, go find out where the where that high was, right? Vice versa. So, with that being said, that will create your no trade zone. Now, what will also make this a no trade zone is if price is in between that high and the low. So,

12:25 in between the high and low. Right? And if it's in between the high and low, trade is a zone. Right? So, if it's in between the high and the low, this is in a no trade zone, which then this is great for you. A no trade zone should not be looked at as bad. A no trade zone should be looked at as good because it makes it easier for you to understand where price is trying to go. Right? This no trade zone, if price breaks this and hits this alert, I know that price is selling. If price breaks above and breaks this high, I know that it's buying and it's moving in

13:11 that direction. Because remember, there's buyers here, so buyers are pushing price up. They're buying price. When you buy something, the value of it goes up. When you sell, the value of it goes down. Sellers are here. Right? So, I know if price breaks here, there's no more buyers in the market to hold this up. There's no buyers that want to buy price. There is losing value. Right? So, when it breaks in one direction, I know that this direction is very strong. Right? It is very strong. So, with that being said, I do all of this off the 4-hour time frame because this will help me set up my my trades. Right? It will help me get my setups. That's how I find all my setups. So,

13:56 with that being said, let's go ahead and take a picture if you want. This is how your setup should be. Go ahead and take a picture, screenshot, fast forward, fat pause, whatever you need to do. I'm going to even take a picture for you. All right. All right, cool. So, anyways, remove all this, bring this back. Boom. Boom. From there, the 4-hour time frame is going to give me that indication, give me the correction. When it comes to entries, all I'm doing So, if the 4-hour is doing this, let's

14:42 go here. Let's go path. Let's go here. If 4-hour is doing this, matter of fact, it's not going to do that. Sorry. The 4-hour is going to do this. It's going to be one candle, two candles, three. Then coming back is going to be one or two. Right? And as it comes down, all I'm doing is when I start to see prices back under that level, all I'm doing is switching from the 4-hour to the 1-hour. Right? The 4-hour to the 1-hour. And all I'm doing on the 1-hour is making sure the 1-hour looks like this. That's all I'm doing. The 4-hour is going to probably be one candle or two. All I'm doing is making sure there's

15:29 multiple candles in the 1-hour that looks like this. And verifying if I see some lower highs and lower lows under this blue line, I'm entering a sell because now the 1-hour and 4-hour match. And that's it. You only need two time frames. I can remove all this. This this this this. Don't need this. Don't need this. You really don't even need this, but you can keep it just in case. This is the only time frames you need, right here. This is it. Like this is it right here. And I kid you not, like you you guys seen my stats when it comes to this. Don't confuse yourself with trading. Don't make it over complicate Don't over complicate it at all. Like literally don't over complicate it. So, with that being said,

16:18 this week we're sitting in a huge no trade zone, but we'll see how everything goes. Maybe price ends up selling off and we can get that sell off. I'm down for whatever. If it sells, I'll sell it. If it buys, I'll buy it. You know me, I don't care. Wherever the money's at, I'm at. Uh with that being said, thank you guys for watching the video, and yeah. All right, so we're going to break down pretty much how I like to trade. If you've watched part one, it's going to be similar to that, but I'll break it down once again in the the same video. So, with this being said, everything I do is off of the 4-hour and 1-hour time frame. These are the only two time frames that I use. I no longer use the 15-minute time frame for entries.

17:04 Um the reason why I don't use 15-minute time frames for entries is because sometimes the volume is a little bit excessive throughout New York session, break structures a lot on the 15-minute time frame. So, a lot of the noise is cleared out by trading on the 4-hour and 1-hour time frame. So, with that being said, I mark up on the 4-hour time frame. So, basically what that means is whenever I'm looking for a setup, I'm basically going off of those levels. I'm not going off of anything else but the 4-hour. So, if it's above a 4-hour level or below a 4-hour level, that will determine my entry, which comes off of the 1-hour. So, with this being said, 4-hour markup. Right? 4-hour I mark up. So, basically

17:51 what that looks like is I'll come here, I'll look at where current price is at, and I will say, "Okay, what created or how did price get to this level?" So, normally I would go back, drag down a little bit, or if it's coming down, I would drag up. So, in this point, I would be dragging down, and I would be looking for the level that it bounced off of. So, we could use this level, we could even use this level, but that's how I would do it. Now, how did I get into this setup? I'll mark that up for you. So, what I basically did was I had already these levels marked out. So, the reason I had these levels marked out is because price was on a downtrend, and then it started to pick back up. Then we had a bullish push above a high level. So, these are lower highs cuz these

18:36 highs are lower than the previous ones. Lower highs only happen in downtrends, right? So, the fact that price broke above that told me that this could get bullish above this blue line. Now, with all that being said, since I have this 4-hour marked up right here, anything above this level is considered bullish to me. Now, also, when it comes to levels being marked up, it's what I'm If I'm looking for an entry point, if I'm looking for a setup, I also have to look at the things that could be going against my setup. So, in this case, already have the indication, the correction, right? That correction, this level can no longer get broken, and I have to pay attention to that because

19:22 that is a level that I need to make sure that my trade is validated. A lot of people don't look at They only look at what they're looking for and never look at what could go against them. So, that way I know exactly how to think whenever price is Let's say breaking that level. So, with this being said, now everything in between here is considered a no trade zone. And the reason why it's considered a no trade zone is because price is in between two levels, buyers So, buyers down here and sellers. Now, basically what that means is price here has sellers. And the reason why I get or where I get that from is the fact that sellers pushed at this level down to this level. So, sellers are in control, but also with

20:08 buyers buyers push from this level back up to this level. Push from this level back up to this level. So, it's in fluctuation of buyers and sellers in the market. You need price to be on one side. It needs to take out So, in Let's put it this way. In order to place a trade, in order to place a trade, it has to break past either buyers or sellers. Let's just say it like that, right? So, it has to break past either one, right? And the reason why I say

20:55 this is because once it breaks past something, that lets you know that price has full control until it reaches that level again, right? So, in this scenario, sellers got taken out. So, these guys are sitting at this level. These guys got taken out, so buyers were controlled to the what? Next levels. So, sellers are always going to be at highs. This is a high. This is technically considered a high. These are going to be where sellers are at. So, price is always going to go buy here to here. Buy here to here. It's going to move a zone to zone. When it's in a no-trade zone, that means buyers and sellers are in control. But, when price is breaking above a zone, it's just moving zone to zone to zone,

21:41 right? Until whenever it finishes, right? And with that being said, a lot of people confuse this um for some reason, I don't know why. A lot of people do get this confused. All I'm doing is looking at where price went from buying to here to here, and I'm just looking for it to repeat. I'm not looking for anything special or fancy. The moment that price comes above this blue line, I press buy. The moment price comes below this blue line, I press sell. That's it. Nothing else. I see that price bought from here to here, so if it does it again, I'll buy it. The reason why I didn't place this trade is because it was a Sunday. Price just opened. It gapped all the way up off of the 6:00 opening on Sunday.

22:26 That's not something I want to get into. I need New York session to bring some volume. As you can see, it was the great decision to make. Once again, go follow follow me on Twitter if you don't. Uh @tradesbysai. I pretty much call out every movement that I'm making, whatever I'm looking at on the charts. As long um also on Instagram, too, as well. But, with this being said, price built up, or not even built up, gapped up, and then ended up falling short later on during New York session, which I'm glad I made that decision. That just comes off of trading instinct of trading for It's been 5 years for me, so it's something that I'm used to. Not something that I can just be like, "Hey, every Sunday if price gaps up this way, don't get in that No, that's not what I'm saying. It's just I didn't feel 100% confident,

23:13 and then my trading intuition ended up being right, so boom. I could have been wrong. It could have kept going up. Huh. And then I would have won if I would have gotten into a trade, but I didn't feel 100% confident, so I stayed out of the markets. No specific reason of why. I just didn't really feel too confident about the gap up. It was Sunday. The volume is normally a little bit different. So, I just ended up not getting into that trade. So, with that being said, the following Tuesday, Wednesday, I ended up looking for a trade. Price came back above this level, and I got on the 1-hour time frame. So, for me, a lot of things here cuz uh people on Twitter started freaking out and everything. So, for me, I got into this trade once price already gapped all the

24:00 We're not even going to say gapped up. It pushed up super heavy cuz of FOMC. I got into the trade right around here, and I was floating in profit for a bit before it sold off pretty heavy. Now, this is the thing that separates me from other traders. Of course, me and you or me and your risk is going to be different, but also as well, you're so used to traders telling you you got to have the smallest stop loss to be profitable, X, Y, and Z, and they call me a high-risk or whatever the case may be. You're taught to have like that little bitty stop loss so you can protect your capital and all this. I'm protecting my capital regardless because I'm using a a proper risk management for myself, right? If you can't put whatever lot size you want,

24:45 lower your lot Or you can't put whatever stop loss you want, lower your lot size. A lot of people can swing trade, but they're just so like they're so like fixated on having the smallest stop loss and tight stops and all this and that where they don't even allow their room they don't allow room for their trades to even breathe. They don't even allow price to do what it needs to do cuz price can fluctuate as much as it wants as long as it doesn't break structure is still valid. Nothing makes this invalid. Just because price sold off, that doesn't make it invalid because remember that 4-hour time frame is where price is trying to pick up at. That 4-hour time frame is exactly what price is going off of. Once again, I mark up off the 4-hour because that is where everything plays a part,

25:32 right? So, the fact that the 1-hour time frame came above this level told me that price on the 4-hour time frame is looking to later go bullish, right? So, with that being said, we ended up getting a rejection. Price came down, stayed at this level once again. So, once again testing these levels like it did before. As long as it didn't break, price was still valid. Ended up pushing off of this level and then coming back above here, which is where we're at currently. So, right now price is stalling at this high, but that's okay, right? Because at this point I could either take partials or I could look for price to push for more. It's up to me at that point. As long as price does not break the levels on the 4-hour time frame, everything is a okay. And if we was to mark up, this is the

26:19 4-hour candle close. I use candle closes for when I'm marking up because that means to me it's a closed deal. That means that price is saying, "Hey, this is where we're finally stopping at." A wick to me is not really the same because a wick is like price attempted to but failed to do so. I like when everything is certain, right? When things are certain, that's how you know that you're in a good trade. So, with that being said, the 4-hour did close above here. So, we do got closed candles um above these highs. So, that's a good. This next one could possibly just be dragging back to retest, dragging back down to here to just give a correction just for it to go up and create a new high. So here it could make a higher low. We could see possibly like

27:04 something like this. Where it ends up making a a higher low and then progressing a higher later on. So see that higher low and then we can see something like this may this created. So higher low, boom, and then price goes up and creates a higher high. Things like that can happen. So with that being said all I got to do now is just be patient. Now it just it's down to patience and trusting the higher time frame. A lot of people can't even trade this week cuz they don't trust the higher time frame and they're rushing to make money. In order to trade like this, you have to trust the higher time frame. You have to trust the basic fundamentals

27:51 of price is doing what it needs to do. Right? If price makes a high, you have to trust that it's going to make a higher low. If price makes a low, you have to trust that it's going to make a lower high. It's not something that you can do overnight, but just taking that deep breath and being like, "You know what? Okay like I got to I'm just going to let it I'm just going to let whatever happens." Cuz you already placed the trade. Once you placed the trade, your money is already on the line regardless. So you might as well just put your trust into the whole chart at that point because hey, you already risked. Right? It's like it's like I don't know, something crazy.

28:37 Like it's like going into the bank with a gun. Even though you haven't robbed nobody yet, even though you didn't rob nobody yet you might as well just do it. You might as well just go with the whole plan cuz you walked in with a gun. So now everybody thinks that you're going to rob them. So you might as well just do it. You might as well. You might as well because you're in there. So it's like you might as well. So the same with trading like once you place that trade, you might as well just trust the whole trade and just let it let it do its thing at that point. Yeah. With that being said, I keep it as simple as that. 1-hour time frame for uh entries. 1-hour time frame for entries. And the reason why I look for entries on the

29:23 1-hour time frame is because it just matches with the 4-hour. As long as the 1-hour and 4-hour are combined together and they look identical or so and they correlate, sorry. That's the word I was looking for. As long as they correlate, I know that the 1-hour is building up into the 4-hour. So if I'm seeing bullish so if I mark up and I say, "Okay, above this blue line for the 4-hour time frame, anything above that blue line, the 4-hour is going to be bullish." If the 1-hour is above that level, that 4-hour level, I know that 1-hour is trying to build for me to see the 4-hour is going to be bullish. Right? So with these being said, I keep it very simple. What entries is nothing. It's literally nothing. All you're doing is going to that 1-hour time frame. Oh, price made a new high. It broke above

30:08 here. Right? It broke above this high. It broke above this high. I see that it's bullish. It's going back above here. That's it. Nothing. Nothing else. Is the 1-hour bullish? Okay, it broke a high. It's back above that 4-hour level into the trade. That's it. Nothing else. I try not to overcomplicate it. If I lose, I lose. That's a part of the game. If I lose, I lose. I'm already in trading. So I'm not going to sit here and be so scary where I don't take trades or I don't take a risk. Take the risk. You're already in a trading like you're already in the trading space, trading industry. You're taking a risk regardless. So, you might as well just go all in. Not saying go all in on your account, but hey man, that could work too, but regardless of the fact you're in trading, stop being a [ __ ] just get

30:55 into the trade. If price is breaking above a high, take it. If price is breaking below a low, take it. Especially if price is already repeated it once before, just take it. Take it. Like Diddy, just take it. Anyways, love you guys.