all right so i'm going to do a execution i got requested to show how i use this model here you got there we had a market structure shift to the upside i'm looking for a gap fill from friday's close so i'm going to go long here 12 micros of the mini nasdaq or i'm sorry micro nasdaq futures contract so i'm going to look for price to drop down into that fair value gap and look for a run above fourteen thousand one sixty right now i have my initial interest at fourteen thousand one eighty i'm thinking
fourteen thousand two twenty is possible today there's my limit entry okay and i'll show you where we're at so there's the closure of the fair value gap now i'm watching price i'm going to see it start expanding on the upside i'm not watching the number underneath that profit okay that's not what i'm watching i'm watching the candles is it constantly going towards that small little fair value gap around fourteen thousand one twenty two fourteen thousand one thirty eight or so i wanna see it go through that now they can start to consolidate in that area
and reaccumulate for new longs kind of like a pausing maybe like think like a bowl flag that's kind of like what i anticipate forming between 14 1 20 14 [Music] 140 in that area similar to what we just watched right there so far the expansion on the upside solid it looks good i'm thinking i might take the limit order up to 14220 but we'll see how we trade above the short term high made prior to 10 o'clock in the morning little run above new equity high nice placement on the entry that's probably random all right
by side sitting right around that 14160 level that's in the crosshairs right now typically you'll see it usually consolidate around here maybe small little retracement gets everybody thinking it's time to sell short remember resistance ideas from retail are going to see that 160 and say okay i'm gonna get short because it went down from there the last time so i'm not thinking that i'm thinking it's gonna like swat bust through the door and run up into that 14 180 i might adjust that in here okay so that's kind of like my best case scenario and
this is what i'm going to try to take six contracts off above here so i'm thinking if it runs there i'll take six off to fund the position roll the stops to even and then see if i can get that limit order at fourteen thousand two twenty smaller consolidation around that fair va gap level as i mentioned before reaching into an order block now looking at e-mini s p micro just to get a feel looks like it wants to run as high as well so it kind of like gives me fuel or confidence that this
is going to run up into that level so i'm going to take my six contracts off and i'm gonna change my mind and close it here because it's getting real close to the closure of that gap i might be wrong but uh just for general principles 14220 i think is doable all right there's the business limit order filled again i'll hover over top the entry so you can see it all right there is your entry and that's not bad it's the low candle that's what i like to show you guys there's the limit order exiting
there so hopefully found this insightful james there's your example until next time be safe
