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Last summary: Oct 2, 2026

The speaker discusses non-farm payroll price action, focusing on a regular trading hours chart that shows a gap formed on Friday, a shadow sharing space with Monday's opening range gap, and Thursday, Wednesday, and Tuesday's market activity. He explains that by using a template that includes new day, new week, and regular trading hours opening range gaps, one can observe shared spaces that become significant. He points out that on Thursday afternoon, the market traded to the high of Tuesday's regular trading hours open range gap, then oscillated between the consequent encroachment of Thursday's gap and Monday's high. Early trading hours on Friday saw a significant upward movement. The speaker references a previous projection for higher prices on the daily chart, specifically mentioning the June 22nd, 2026, December NQ (NASDAQ futures) contract daily high of 31,285. This level is crucial for lower time frame analysis.
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The speaker initiates a long trade, targeting an inversion fair value gap anchored to an octant from Tuesday's open range gap. The expectation is for the price not to drop back down into the current area but to ascend towards a pool of liquidity. A partial profit is taken just above this liquidity pool. The speaker expresses a desire for the volume imbalance to remain open, allowing the price to surge, but states that if it retraces, it should immediately rebound higher. Upon entering the trade, the speaker adds three more contracts, explaining the "double tap" strategy: one target at the "head" (higher price) and one at the "chest" (center mass or torso). The center mass target is considered easier, allowing half the position to be closed there, with the remaining half aiming for the "head shot."
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Good evening. Today's review focuses on price action during different trading sessions. The London session showed trending behavior. From 7 a.m. to 9 a.m., price consolidated, failing to break the initial low. The morning session, 9:30 a.m. to 11 a.m., saw a reversal followed by consolidation and a break lower into the New York lunch break (11:30 a.m. to 1:30 p.m.). During lunch, price drifted lower, taking out London session liquidity, then rallied back into Tuesday's regular trading hours opening range gap. The speaker highlights a gap low at 9:30 a.m. and how price moved outside it before returning. Notably, the 9:30 a.m. opening price acted as a magnet. Price then dipped below a low, clearing liquidity, before rallying back into Tuesday's opening range gap and a fair value gap. It then moved to the high of that gap and rallied to the regular trading hours opening price for the day. The speaker anticipates price may move higher, potentially towards Monday's open range gap and its midpoint, targeting liquidity pools above recent highs. The session concludes with a brief outlook for tomorrow.
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The speaker, having returned from a road trip, shares insights into NASDAQ price action, focusing on daily and one-minute charts. He discusses two trades executed today, one of which was a deliberate challenge to social media pundits who deny the existence of macro influences in trading. The speaker aims to demonstrate the simplicity of his approach. He begins by examining a specific portion of the daily chart. Playing devil's advocate, he considers a bullish outlook, which was his initial expectation for the day due to indications like relative equal highs and buy-side liquidity, as well as price's reluctance to move lower recently. He references a wick on the daily chart and a volume imbalance, which from a bullish perspective suggested upward movement. Price had traded down last Thursday and then closed higher.
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The speakers discuss market movements following a holiday, emphasizing a cautious approach by using paper trading to gauge market sentiment. They note a 100-handle premium gap opening and analyze price action relative to Friday's closing. Key elements include monitoring a wick's half, setting stop losses just above the second wick high, and aiming for sell-side liquidity within a suspension block, which is also a discount array. Nasdaq is observed to be softer than ES. The strategy post-holiday involves starting with one contract, even in paper trading, to align with price expectations. The importance of observing if the "sibi" (likely referring to an indicator or specific price level) remains open, even after retracement, is highlighted. Liquidity resting below a low and full gap closures are also points of interest.
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The speaker reviews last Friday's trading, focusing on fair value gaps (FVGs) and their distinctions. He explains the difference between a "first presented fair value gap" and a "first presented fair value gap with displacement." The latter, characterized by being part of a price run that takes out a high or low, is given more emphasis, especially if it's the first one after 9:30 Eastern time. This concept was previously discussed in the Trader's Roundup spaces. He introduces a new concept: the "first presented reflection fair value gap." If the first FVG after 9:30 AM is a buy-side imbalance, sell-side inefficiency (BISI), then the "reflection" is the very first opposing FVG, a sell-side imbalance, buy-side inefficiency (SIBI), that forms afterward. This reflection FVG is crucial, particularly when it aligns with a macro timeframe inefficiency, as it helps in trading the day's high or low. He illustrates this with an example from Friday, where the first BISI was followed by the first SIBI (reflection FVG) at 10:01 AM.
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This video, part five of a series, aims to simplify smart money concepts for trading, emphasizing practicality and personal engagement over complexity. The speaker addresses common complaints about overcomplication, asserting that the concepts are simple but require effort, not laziness. A significant portion of the discussion focuses on backtesting and the importance of real-time price action observation. The speaker strongly discourages the use of "market replay" features, which only show the opening and closing ticks of a candlestick, arguing that this does not accurately represent the "breath and lifespan" of a candle's formation. Instead, he advocates for watching recorded, even delayed, price feeds to observe the entire development of each candlestick. This method, he explains, allows traders to see how prices move, create highs and lows, and ultimately settle, which is crucial for understanding market dynamics across all timeframes. He suggests using Windows' built-in screen recording feature (Alt + Windows key + R) for video backtesting, allowing users to record their observations in their own voice, which he considers a superior method for learning.
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The speaker analyzes Nasdaq's September 2026 FOMC trading, focusing on daily and one-minute charts. They highlight Monday and Tuesday’s highs and lows, noting that prior to Wednesday’s FOMC, the market had not traded above Tuesday’s or Monday’s highs, nor below their respective daily lows. This created "inside days back-to-back," indicating a potential for a large range expansion, which the speaker predicted yesterday at 9:21 a.m. The analysis emphasizes the importance of a "daily suspension block" and an "inversion fair value gap" in post-FOMC trading. The speaker demonstrates how the market pierced Tuesday’s daily high and rallied back above it, then used an inefficiency that formed prior to that as an inversion fair value gap. They point out a volume imbalance between candlesticks, which was drawn on their recorded execution posted on X.
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