---
title: 'I Waited... Then This Happens'
source: 'https://youtube.com/watch?v=cSjV64CYM7k'
video_id: 'cSjV64CYM7k'
date: 2026-08-05
duration_sec: 65
---

# I Waited... Then This Happens

> Source: [I Waited... Then This Happens](https://youtube.com/watch?v=cSjV64CYM7k)

## Summary

The video is a trading tutorial where the presenter demonstrates a short trade on the E-mini S&P 500 (ES) futures, focusing on entry signals, trade management, and exit strategies. The presenter explains how they wait for a value gap to be filled and a close below a certain level before entering, and how they use the Nasdaq (NQ) as a signal to exit their position.

### Key Points

- **Entry Signal** [00:02] — The presenter looks for a change in the start to get ran through to the downside. They wait for a value gap to be filled and a close below it before taking an entry.
- **Entry Execution** [00:14] — After the close below the value gap, the presenter waits for the next candle to fill around that area. The stop loss is placed above the fair value gap.
- **Price Targets** [00:29] — The first price target is the low of the day, and the external price target is the recent low. The presenter scales out at the first target and manages the rest.
- **Exit Signal** [00:44] — The presenter uses NQ as a signal to exit. If NQ looks like a good long (e.g., a break to the upside), they take off the last 10% of their ES position.
- **Exit Outcome** [00:56] — The exit was great because if they had held, the rest of the position would have been stopped out at break even.

### Conclusion

The video emphasizes the importance of patience in waiting for specific price action signals and using correlated instruments like NQ to manage trades effectively.

## Transcript

am I looking for to now take an entry on ES? I'm looking for a change in the start to get ran through to the downside. For value gap gets ran and this is where I take my entry. So we start to close below it. I'm still
waiting. Once we finally close below it here, I wait for this next candle that getting filled around here. And then my stop loss is above this little fair pretty quickly. So my first price target is low of day and then my external price
target is all the way back down to this recent low. ES goes pretty quick. I here. I scale more right here and then I end up taking off my last position right this is all about trade management, right? A sign for me to take off my
position is if NQ is looking like a good long, right, which NQ was looking like a lows for valley gap here gets ran through and we have this one minute break towards the upside. So as soon as that happens on NQ, I take off the last
10% of my position on ES and I just call it a day there. And it this actually a great exit cuz if I held it, the rest of my position would have been stopped of my position would have been stopped at break