The GxT Model | Weekly Trading Recaps | Part 1

What's up guys, welcome back, it's been a while,

I appreciate you guys for 3,000 subscribers, so

I want to start, one of

my goals is to start being a little more consistent on YouTube this year,

I will get to that when I get better equipment, I

got this new mic, it might sound a little bit better, but at the same time

I don't really like it, so I'm probably going to get a new one, and I got to move soon, once I get settled down and all that, we'll We'll get consistent with it.

I want to go over my indices trades that I've taken this week with my GXT model.

If you guys didn't know, I'm a part of the market lens with AMTrades, TTrades, and I teach my course in there which is an extension to the Fructa model.

So it's my approach to the market with the Fructa model's entry. So let's get into some examples.

So let's start with Monday, my trade on NQ. My one trade on NQ is NQ here.

So let's go over the narrative, right? So here is the previous day. This is Friday.

And as you see, if we want to be bullish, we would respect the upper half of this candle's wick, right?

Because if we want to be bullish, we want to trade within a bullish expansion candle. So that requires a small wick.

So, marking the .5 candles is a mechanical way of measuring wick size, small wick size.

Since we only want to be trading expansion candles, this is kind of like an easy rule for that.

So, when we disrespect this .5 candle and you have a profile that kind of supports that, then you can just trade the other direction.

And we can simply target the previous day's low and objectives past that.

So if I go to the weekly chart, let me just show you something real quick. When

we look here, this is a relevant swing in the market because we cleared out everything, all these failure swings.

When you look here, this is not a failure swing. So when you think

about a new phase of price, you want to be trading around

these relevant swings because this is where you want to see either reversal or retracement because there's really no reason to come back here if we actually are going to reverse, right?

Because it'd be different if you're trying to form a reversal maybe off of these lows, right?

Because there's a reason to return back to this low because there's failure swings below it.

So when you clear out everything to the left, right, every relevant swing, right, there's no reason to return back.

So this would be the week ideally to see that retracement back in the range or

even reversal but the fact that we didn't means we

can start to begin to target this low right

so early week was important because there would

really be no reason to return back down here if it's going to

be a true phase of price back on the range because when

we hit these objectives to the left we want to see price react

quick right we don't want to see this level get broken again we've already traded enough past that level to where we want to see early start to expand away But the fact that we didn't is very telling.

So let's get into the profile. And if you yap. So this is the 4-hour. As you see, this is the relevant swing right here.

Look at the space between this high. So again, if you're not going to

trade through this and you're getting your reaction at this level, which is a relevant swing, that is a good area to look for reversal.

So we get it close to these opposing candles. If you mark out the EQ of this wick, it's much like marking out the EQ of the daily wick.

But intraday price action here, we see price opens low first, comes back up, creates a new wick here because we didn't have one.

So at age of session, we created a new wick, reject the new wick opening gap. And then as you see, we're obviously not respecting the 50% wick.

If you're not going to respect the 50% wick, then you're going to go to the previous day's law.

We have a swing high in the market, candle 1, candle 2, candle 3, and then we can trade candle 4 expansion.

So that's what we're trading within here. So when I drop lower, as you see the 4 hours already aligned as an expansion candle, as well as a daily.

So I'm trading within a daily expansion candle and a 4 hour expansion candle.

And at this point, when we drop lower, look how low we are in this range, right?

I'm trading right here simply to get to here and a little bit past it. So everything's aligned.

It's pretty obvious where we're going to go. And that's lower. So if you ever – this is something that is a common thing that repeats.

So write this down. when you have a high of day or low of day prior to a driver,

you want to see that driver expand away. That