My Model On NQ NFP Friday

Market Analysis and Predictions 05:06

"I think we're going to go down and take out that regular trading hours opening range gap low and gun for the low formed from non-farm payrolls price run."

• The speaker suggests that the market will likely decrease to reach the low of the regular trading hours opening range gap.

• This prediction aligns with the context of the non-farm payrolls, which is a significant market influence.

• The discussion reflects a strategic approach to reading market trends and specific price levels to determine where future movements may occur.

Trading Strategy and Risk Management 08:16

"Never market replay. If you're teaching with a market replay, you don't know how to trade and you should not be charging people at all."

• A strong stance against using market replay for trading education is emphasized, indicating a preference for real-time trading experience over simulations.

• The speaker reinforces the importance of understanding practical trading rather than relying solely on theoretical or simulated approaches.

• This highlights a call for genuine trading skills and the ethical responsibilities of educators in the trading space.

Psychological Perspective on Market Movement 13:21

"Why would you let them have that? You know you wouldn't do that, and they're not going to do it either. So, just relax and watch it happen."

• The speaker critiques the idea that market participants would allow traders to keep their stop losses intact, suggesting a need to remain calm and observant amid market fluctuations.

• This perspective shines a light on the psychological aspects of trading, where anticipation and emotional responses play a critical role in decision-making.

• It underscores the importance of strategic patience and the observation of market behaviors rather than immediate reactions to price changes.

Targeting and Liquidity Concepts 21:34

"It takes 6470 out of that. And if it goes down, it goes to my target."

• The speaker expresses confidence in reaching their target if the market moves as predicted, indicating a strong understanding of liquidity levels and their significance in trading.

• This approach reflects a calculated strategy where pre-defined targets help guide decision-making processes in trading activities.

• The mention of potential gains implies a focus on financial objectives and the importance of clear goals in trading strategies.

Analyzing the Trading Model 22:42

“This is a good picture of everything that’s happened today.”

• The speaker reflects on their trading activities and expresses a lack of interest in further participation at this moment. They highlight their focus on a specific trading model, referring to it as the "Market maker sell model," which they describe as being in its second stage redistribution phase.

• They outline their trading strategy, emphasizing aspects such as original consolidation, smart money reversal, and low-risk selling opportunities. The speaker identifies certain patterns within the market that align with their trading model.

Importance of the Trading Framework 23:14

“If you’ve ever studied the mentorship level stuff I put on my YouTube channel, you know that I teach a universal model.”

• The speaker clarifies their trading approach by noting that their model is grounded in the market maker framework. They mention that their preferences lie with both the second stage distribution for selling and the second stage reaccumulation for buying.

• They make reference to past mentorship playlists they’ve established, indicating a commitment to sharing comprehensive trading strategies. The speaker aims to educate their followers about the intricacies involved in their preferred trading methodologies.

Non-Farm Payroll Considerations 24:39

“I have to wait for the first hour of trading on non-farm payroll when we're on a holiday week.”

• The speaker discusses the impact of non-farm payroll announcements and expresses caution regarding trading activity during these times. They stress the need for a more significant assessment of market conditions before engaging in trades during specific periods, particularly leading into holiday weekends.

• They highlight their practice of waiting to observe market behavior, leading to considered trading decisions, rather than impulsive actions based on immediate market moves. This reflects their understanding of market dynamics and the inherent risks involved in trading around major economic reports.

Advice on Trading During Specific Weeks 25:37

“Just listen to the old man; trust me when I tell you that certain things are going to be more adversarial towards your productivity.”

• The speaker provides candid advice regarding trading strategies during non-farm payroll weeks. They advise against trading after a specific time on Wednesdays, suggesting that this period can be particularly difficult for traders.

• The speaker emphasizes learning through caution and advocates for newer traders to heed the experiences of more seasoned individuals to avoid unnecessary losses and to enhance their development in trading effectively.

Closing Thoughts and Weekend Plans 26:52

“Wishing you all a very pleasant weekend on top of it.”

• The speaker shares their plans for a long weekend, including personal moments with family, which illustrates a balance between work and personal life.

• They express good wishes to their audience, promoting a sense of community and care while underlining the importance of taking breaks for mental wellbeing in the fast-paced world of trading.