https://www.youtube.com/watch?v=-Qag-99u_BM
Summary:
– Topic: NASDAQ review of Friday’s nonfarm payroll (NFP) action and a short lesson on the instructor’s “TGIF” trading concept.
– TGIF concept: measure the weekly range (low→high) and expect a 20–30% retracement after a large or one-directional week. These retracements often show up late Thursday or during Friday and can be anticipated using Fibonacci levels (he noted 20% ≈ 29,549 and 30% ≈ 29,471.25 for the week reviewed).
– Price structure and execution: on NFP the wicks rallied above short-term highs but candle bodies did not close above them; fair value gaps, the new-week opening gap (Thursday close → Friday open), and the “lunch macro” (around 11:30 ET, looking left to the 10:00 hour high) were important reference points. He abstained from aggressive shorting because of NFP/long-weekend risk, manually closed a short to avoid a stop-out, and the market later retraced down to his target (including the 20–30% weekly retracement and Thursday’s first fair value gap).
– Teaching and philosophy: he emphasizes that price action is not random, promotes his PD-array framework and rules-based process, and urges students to keep records, build charts that track key gaps/levels, and learn independence rather than copying trades.
– Personal/ethical points: defends his free teaching, responds to critics, stresses discipline over chasing money, and encourages generosity and using success to help others.


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