https://www.youtube.com/watch?v=e6XwTK4hVqI

Summary:

– Review of a short-term NASDAQ trading session (1-minute chart) focused on Sept 2026 delivery, with emphasis on a large gap up from prior settlement (~450 handles).
– Core rule taught to Caleb: use the opening-range gap bias for the first hour—if the gap is sufficiently large (20–40+ handles), bias toward the midpoint/half-gap (short on gap-up, long on gap-down). If the gap is small, don’t trade.
– Decision framework is simple: pick a bias, wait for price to interact with key hourly reference levels (swing lows, “buy-side efficiency” from the hourly chart) and relative equal highs/lows, then execute with defined stops and partial exits.
– Trade recap: initiated shorts into resistance, got stopped, re-entered, took partial profits, later stopped out again—overall a difficult, choppy session but managed drawdown by scaling and exits.
– Observations: price formed an inversion fair-value gap and failed to reach the half-gap; market was indecisive and traded around hourly reference levels without clear follow-through—advice: often best to sit out during such conditions.
– Near-term view: could revisit today’s opening range gap overnight or continue higher; geopolitical news could change setup, so stay cautious and watch the opening-range and hourly reference levels tomorrow.