ICT Mentorship 2023 Ep 01 Summarized:
Before starting the 2023 mentorship ICT recommends going through these playlists:
ICT Forex - Market Maker Primer Course
ICT Market Maker Forex Series
ICT OTE Pattern Recognition
ICT - Mastering High Probability Scalping Volume 1 - 3
ICT Forex - Market Maker Primer Course
ICT Market Maker Forex Series
ICT OTE Pattern Recognition
ICT - Mastering High Probability Scalping Volume 1 - 3
ICT Forex Scout Sniper Basic Field Guide Series
2016 Premium ICT Mentorship Core Content Lectures Month 1 - 12
2016 Premium ICT Mentorship Core Content Lectures Month 1 - 12
ICT will be doing market commentary every day Monday - Friday.
He will be covering:
DXY
EURUSD
GBPUSD
NQ - Nasdaq - NAS100
ES - S&P500 - US500
The macro view, daily chart, and bias will be shared from ICT's perspective.
He will be covering:
DXY
EURUSD
GBPUSD
NQ - Nasdaq - NAS100
ES - S&P500 - US500
The macro view, daily chart, and bias will be shared from ICT's perspective.
Plus, 2 live streams per week covering real-time price delivery algorithmically (not a signal service).
As a side note, ICT has 4 books coming in the future after this mentorship (1 fiction, and 3 educational/non-fiction).
As a side note, ICT has 4 books coming in the future after this mentorship (1 fiction, and 3 educational/non-fiction).
The last trading of the week tends to not have a big move higher or lower.
Institutional funds will be on the sidelines not doing very much at all.
When the markets are not looking for liquidity they are seeking imbalances.
Institutional funds will be on the sidelines not doing very much at all.
When the markets are not looking for liquidity they are seeking imbalances.
On an inside candle day liquidity is not sought after but imbalances are filled and rebalanced.
On an outside candle day liquidity is purged and sought after.
Bias is which direction are you trading.
On an outside candle day liquidity is purged and sought after.
Bias is which direction are you trading.
The narrative is: how is the day going to trade and what is it likely to aim for as a result of?
Trade narrative is a game plan/road map as to what it should do.
Trade narrative is a game plan/road map as to what it should do.
The market can be seen as a living 'breathing' organism and will move based on the people that run it, not buying and selling pressure.
Nested PD Arrays are powerful tools in trading - as an example, a 1-hour fair value gap (FVG) within a 4-hour FVG. And then a 5-minute and 15-minute FVG within that 1-hour FVG.
Using these nested PD Arrays you can refine the correct level to use whilst trading.
Using these nested PD Arrays you can refine the correct level to use whilst trading.
When trading, always use New York time (EST).
The 3-4 pm EST window or final hour of trading for US Indices is an easy window of time to trade - looking for just 5 handles.
It is easy to trade this window once you know what you are looking for.
The 3-4 pm EST window or final hour of trading for US Indices is an easy window of time to trade - looking for just 5 handles.
It is easy to trade this window once you know what you are looking for.
During this time period look for an obvious pool of liquidity price will trade to.
Price will be ready to move quickly once it shows an unwillingness to trade under key levels outlined (think 1-hour FVGs/Balanced Price Ranges) and their 15m - 1m children PD arrays.
Price will be ready to move quickly once it shows an unwillingness to trade under key levels outlined (think 1-hour FVGs/Balanced Price Ranges) and their 15m - 1m children PD arrays.
After this occurs you can expect a breakaway gap to occur especially in a balanced price range because it doesn't need to rebalance.
A breakaway gap is a fair value gap unlikely to be traded back into.
Start with aiming 5 handles, then build your way up from there.
A breakaway gap is a fair value gap unlikely to be traded back into.
Start with aiming 5 handles, then build your way up from there.
After getting that consistently a few times per week then you can aim for larger movements to capture.
90% of the time new traders are not ready to start live trading, because they want to make money and think it will be the cure to their depression.
90% of the time new traders are not ready to start live trading, because they want to make money and think it will be the cure to their depression.
Trading should be undertaken from the perspective of discipline - when to do something and when not to do something.
Between 3 - 4 pm EST is a sweet spot for trading a setup in US Indices when you know exactly what you are looking for directionally (imbalance/liquidity).
Between 3 - 4 pm EST is a sweet spot for trading a setup in US Indices when you know exactly what you are looking for directionally (imbalance/liquidity).
You can watch the first episode here: youtube.com
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If you liked this tweet subscribe to my FREE telegram channel where I provide:
- Trade Reviews & Psychology
- Trading Education & Market Analysis
- Tweet Expansion, Memes & Articles
Join now 👇
t.me
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- Trading Education & Market Analysis
- Tweet Expansion, Memes & Articles
Join now 👇
t.me
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