GxT | Trade Recap | Breaking Down Price With Logic

Finance-Focused Summary

The presenter reviews three intraday trades using a top-down price-action framework rather than relying on a standalone entry pattern. The approach combines liquidity targets, price gaps, intermarket divergences, and candle structure to assess whether price is reversing or merely retracing.

Assets and Instruments Mentioned

• Gold (GC) and silver
• RTY (Russell 2000 futures)
• YM (Dow futures)
• NQ (Nasdaq futures) and ES (S&P 500 futures)
• The video also refers generally to correlated assets and index futures. It does not clearly identify every instrument involved in the first Asia-session trade.

Trading Framework

• Start with higher-timeframe context: Review the prior day’s range and daily, four-hour, and six-hour candle structure to establish the directional narrative and likely liquidity target.
• Assess reversal versus continuation: Look for price to expand away from a key level after a reversal, with a change in price delivery and gaps that hold. A reversal without follow-through may instead indicate consolidation or a retracement.
• Use intermarket divergence and relative strength: Compare correlated markets for SMT divergences—for example, when one asset takes a high or low and another does not. The presenter cautions that divergences can be misleading when multiple assets are reversing together. He looks for a “strength switch” or a lagging asset catching up to a leading one.
• Identify relevant swings and liquidity: Spaced highs or lows are treated as relevant swings. Sweeping one can create a “protected” swing. Highs, lows, and gaps are the main reference levels in the framework.
• Require confirmation: A reversal may be confirmed by a two-stage correlation break, using variations such as a key-level divergence followed by another divergence, consecutive-candle divergence, or a price swing pattern (PSP). The presenter also looks for a V-shaped reversal, candle-structure shifts (CSDs), and gaps that hold without body closes through them.
• Refine entries and exits: Use a higher-timeframe gap or another key level as the entry area, then seek an entry near the upper or lower half of the relevant candle range, depending on the expected direction. Place the stop near the invalidation level and target the identified liquidity draw.
• Match the setup to the session: Different sessions require their own framework. The presenter advises against assuming that every session is tradable every day.

Trades and Performance Figures

• Asia-session trade: The recap is labeled January 5, but the presenter says the trade occurred during the Asia session on January 6. He describes entering at a gap and targeting a nearby high or equal highs. The instruments are not completely clear in the subtitles.
• RTY trade: The presenter says he woke up late but still took the setup after observing a divergence and strength shift relative to YM and other index markets. He reports taking profit at 2.7R and says in hindsight he could have held a runner to a farther target.
• Later trade: He describes another setup based on a gap, an SMT fill, and a strength switch, exiting at 2R to a high.

No exact entry prices, stop distances, dollar P&L, win rate, or account-level performance are provided.

Cautions and Disclosures

• Opposing divergences may represent retracements rather than trend reversals, especially before the broader price objective is reached.
• The presenter recommends studying and backtesting the framework and says session-specific conditions matter.
• No explicit “not financial advice” disclaimer is stated. The presenter makes strong promotional claims about the model’s consistency and superiority; these are his opinions, not independently substantiated performance data.

Presenter and Sources

• Presenter: Garrett, associated with GXT / GXT Trading.
• Other sources or references: AM Trades is credited for the “protected swing” logic. ICT concepts are also referenced, though Garrett says he does not consider himself primarily an ICT trader.