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ICT Mentorship 2023 - Advanced Theory On ICT Breaker
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ICT Mentorship 2023 - Advanced Theory On ICT Breaker

Introduction and Brief Review

The speaker provides a brief review of the dollar index on a weekly chart, highlighting the inefficiency between certain candles. They mention that last week's trading session for the dollar was lackluster and discuss the range that needs to be proven for a potential upward movement.

  • The dollar index shows inefficiency between certain candles on a weekly chart.
  • Last week's trading session for the dollar was indecisive.
  • The range needs to be proven for a potential upward movement.

Dollar Index Analysis

The speaker analyzes the dollar index on a daily chart and discusses their approach based on its current state. They mention the need for confirmation of an upward or downward direction and highlight key levels to watch.

  • Confirmation is needed for an upward or downward direction in the dollar index.
  • Key levels to watch are the rejection block and previous low.
  • Sitting still without imposing bias until market direction becomes clearer.

Daily Chart Analysis

The speaker continues analyzing the daily chart of the dollar index, discussing its relation to weekly fair value gap and upcoming price action. They emphasize sitting still during an indecisive market phase.

  • Weekly fair value gap is relevant in analyzing price action.
  • Indecisiveness in market direction calls for patience.
  • Price action post-Wednesday may provide cleaner signals.

Euro Dollar Analysis

The speaker shifts focus to analyzing euro-dollar on a weekly chart, noting its opposite behavior compared to the dollar index. They discuss key levels, including inefficiencies and premium areas, as well as their implications for short positions.

  • Euro-dollar shows opposite behavior compared to the dollar index.
  • Inefficiencies and premium areas provide opportunities for short positions.

Euro Dollar Analysis - Daily Chart

The speaker analyzes euro-dollar on a daily chart, highlighting the range and consequent encroachment of previous week's high. They discuss how this range applies to the daily chart and its implications for trading decisions.

  • The range from previous week's high to low affects daily chart analysis.
  • Consequent encroachment of previous week's high is significant.
  • Trading decisions should consider the range and consequent encroachment.

Euro Dollar Analysis - Hourly Chart

The speaker further analyzes euro-dollar on an hourly chart, discussing price action, breakers, and blending different factors such as inefficiency and liquidity. They emphasize the importance of understanding time distortion in analyzing highs and lows.

  • Hourly chart analysis reveals price action patterns.
  • Breakers play a role in understanding market dynamics.
  • Blending factors like inefficiency and liquidity provides insights.
  • Understanding time distortion is crucial in analyzing highs and lows.

Conclusion

The speaker concludes by addressing concerns about time distortion in analyzing price action. They highlight the importance of considering time of day when identifying highs and lows.

  • Time distortion should be considered when analyzing price action.
  • Time of day plays a role in identifying highs and lows.

Cutting Through Candles and Market Trades

The speaker discusses the fallacy of market trades in relation to the range from high to low. They mention reaching into the upper portion of the Shaded Orange inefficiency breaker and discuss the time of day for New York open.

Understanding Market Trades

  • Cutting through candles is a result of not supplying demand.
  • The market trades up into a cranium relative to the range from high to low.
  • Reaching into the upper portion of the Shaded Orange inefficiency breaker allows for further exploration.
  • Consider the time of day, such as New York open, when analyzing market behavior.

Weekly Chart Analysis

The speaker analyzes the weekly chart for E-mini S&P. They discuss reaching up into weekly volume balance and its significance.

Weekly Volume Balance

  • The E-mini S&P tried to reach up into its weekly volume balance but fell short.
  • Weekly volume balance acts as a drawing liquidity area in the market.
  • NASDAQ reached up into its volume balances on its weekly chart, indicating potential upward movement.
  • Understanding where price is likely to expand higher or lower helps predict market behavior.

Predicting Price Expansion

The speaker explains their approach to predicting price expansion on a weekly chart.

Predicting Price Expansion

  • Rather than reacting to price, it is important to predict likely expansion on a weekly chart.
  • Focus on identifying areas of inefficiency between previous week's low and current week's high.
  • Trading down into an inefficiency can lead to an upward rally in price.

Daily Chart Analysis

The speaker examines the daily chart and discusses reference points for trading decisions.

Reference Points for Trading

  • Identify reference points on daily charts, such as inefficiencies and volume imbalances.
  • Look for buy programs and solid liquidity on the buy side.
  • Each day, focus on longs that align with the higher time frame weekly chart's suggestion.

Zooming in on Daily Chart

The speaker zooms in on the daily chart to highlight specific trading opportunities.

Trading Opportunities

  • Observe how price is delivered into candle highs, indicating potential upward movement.
  • Identify premium areas for value accumulation or expansion.
  • Anticipate taking out previous highs and gravitating towards weekly volume imbalances.

Levels and Trend Lines

The speaker discusses levels, trend lines, and market maker buy/sell models.

Levels and Trend Lines

  • Use small trend lines to identify market movements within fair value ranges.
  • Observe expansions from lower fair value to higher premium areas.
  • Consider using different reference points based on trading style (aggressive or conservative).

Expansion and Inefficiency

The speaker explains the concept of expansion through inefficiencies in the market.

Expansion Through Inefficiency

  • Market drops down into lower discount for value area before displacing upwards.
  • Take note of short-term highs as potential breakout points for further upward movement.
  • Expect expansion through inefficiencies when bullish bias is present.

New Section

The speaker discusses the concept of fair value gaps and how they can provide support or resistance in trading. They emphasize the importance of understanding price action and where price is ultimately trying to reach.

Fair Value Gap as Support

  • Fair value gaps should be treated as measuring gaps or breakaway gaps.
  • The area around the fair value gap can provide support, which can be seen in the bodies' close and opening.
  • It is important to understand that not every inefficiency or gap on a price chart is a buy or sell signal.
  • Knowing where price is ultimately trying to reach is crucial for successful trading.

Understanding Higher Time Frame Liquidity

  • To have a bullish or bearish bias, it is important to understand where the higher time frame weekly draw on liquidity is.
  • Watching videos or relying on shortcuts will not provide a comprehensive understanding of price action.
  • It takes time and effort to understand what price is reaching for.

Using Fair Value Gap as a Stepping Stone

  • The red line represents the high of the fair value gap.
  • The fair value gap serves as a stepping stone or rung on the ladder for higher prices.
  • Anticipating market movement towards the fair value gap provides confidence in being on the right side of trades.

New Section

The speaker analyzes specific candlestick patterns occurring at the high end of the fair value gap. They discuss using these patterns as indicators for potential future price movements.

Candlestick Patterns at Fair Value Gap

  • Two candles are occurring and finding support at the high end of the fair value gap.
  • This level acts as an indicator for potential upward movement in price.
  • These patterns provide comfort and confidence in anticipating market reaching higher levels.

New Section

The speaker discusses the relationship between NASDAQ and ES indices and how they can be used to identify periods of accumulation or distribution.

Relationship Between NASDAQ and ES

  • The speaker primarily focuses on ES as part of a "six sister" approach, which aims to catch up with the upside leadership of NASDAQ.
  • Divergence between NASDAQ and ES can indicate potential price movements.
  • Accumulation of logs in periods of divergence suggests that price may go higher.

New Section

The speaker explains why they are trading ES instead of NASDAQ, despite the divergence between the two indices. They emphasize teaching through the "six sister" approach for conceptual understanding.

Trading ES Instead of NASDAQ

  • Despite the divergence, trading ES allows for a better demonstration of the "six sister" approach.
  • By trading ES in sympathy with NASDAQ's upside leadership, it is expected that ES will trade higher as well.

New Section

This section discusses the concept of stronger leadership and its impact on price movement. It also compares the delivery of price between two scenarios.

Buying Stronger Leadership

  • Buying stronger leadership can be a valid strategy as it often leads to rallies in price.
  • However, it is important to compare the delivery of price between different scenarios to make informed decisions.

New Section

This section explores the willingness of the market to move higher and the support behind buying.

Willingness to Go Higher

  • There is a greater willingness in the market to move higher, indicated by rallies followed by retracements touching the high end of fair value gaps.
  • The presence of a bullish breaker extending forward within this range further supports buying.
  • In comparison, NASDAQ shows less sure footing with a slopping consolidation pattern.

New Section

This section highlights the importance of confirmation and using SMT as a qualifier for bullish bias.

Confirmation and SMT

  • Confirmation is crucial when looking for higher prices, and SMT serves as a qualifier indicating that we are on the bullish side.
  • SMT should not be used as a timing or selection tool but rather as confirmation.
  • Traders can use this insight for strategies like turtle soup patterns or false breakouts.

New Section

This section discusses stop runs, liquidity levels, and correlations in trading decisions.

Stop Runs and Liquidity Levels

  • Stop runs below lows indicate sell-side liquidity, while touches on bullish breakers suggest accumulation.
  • The unwillingness of NASDAQ to make lower lows indicates a cracking correlation.
  • These market inefficiencies persist when prices reach highs and lows.

New Section

This section emphasizes the importance of bias and using SMT as a confirmation tool.

Bias and Confirmation

  • Having a bias for higher prices and observing confirmations through SMT can guide trading decisions.
  • SMT is not a timing or selection tool but rather a confirmation indicator.
  • Traders can use this information to look for lower time frame order flow and make informed trading choices.

New Section

This section discusses the learning process in trading, false breakouts, and the role of SMT.

Learning Process and False Breakouts

  • Learning how to trade involves months of analysis, including understanding false breakouts.
  • Without insights from SMT, it becomes challenging to identify false breakouts or execute trades effectively.
  • Once traders have mastered this analysis, they can confidently execute buy/sell stops based on their chosen entry model.

New Section

This section highlights the significance of reaching relative equal lows for sell-side liquidity.

Reaching Relative Equal Lows

  • Reaching relative equal lows indicates a run on sell-side liquidity.
  • Traders using NASDAQ can consider this as a long entry opportunity.

New Section

This section discusses market magnetism towards specific levels and points of reference.

Market Magnetism

  • The market tends to gravitate towards specific levels such as previous highs or weekly volume balances.
  • These points serve as references for traders to add to existing positions or confirm their bias.
  • Lower time frame order flow can be used to identify specific trading opportunities.

New Section

This section emphasizes the flexibility in using the provided information for different trading models.

Flexibility in Trading Models

  • Traders can use various entry models, such as optical trade entry or fair value gaps, based on their preferred multiplier.
  • The framework provided helps determine market direction and confirmation of bullish bias.
  • The specific trading strategy and multiplier choice depend on individual preferences.

New Section

This section clarifies the purpose of SMT as a confirmation tool rather than a signal generator.

Understanding SMT

  • SMT serves as a confirmation tool, not a signal generator.
  • It provides confirmation that order flow is likely favoring one side over the other.
  • Students often misunderstand its usage and mistakenly look for discrepancies between lower lows to make trading decisions.

Market Analysis and Trading Strategies

In this section, the speaker discusses market analysis and trading strategies for the current week's trading.

Analyzing the Five Minute Chart

  • The speaker shows the five-minute chart of ES (E-mini S&P 500 futures) during regular trading hours.
  • There is a gap between Thursday's settlement price and Friday's opening price.
  • The speaker mentions a tweet from June 30th, 2023 at 9:52 AM, highlighting a specific high level on the daily chart.
  • This high level is considered "juicy" and indicates a potential gravitation towards it.

Using Information for Trading

  • The speaker suggests using fairway gaps, bull shorter blocks, buying sell-side liquidity below the lowest point, and being a buyer in that area.
  • Although opening range gaps can draw prices down initially, there are tendencies for the market to have large range gaps when in a hurry to reach certain levels.

Price Action Analysis

  • The market drops down into a fair value cap after lunch hour and rallies away from it.
  • There is an initial buy-side liquidity followed by a larger pool of liquidity on the daily chart at June 16th, 2023 high level.
  • The market gravitates towards this level but falls short of reaching it by the end of the day.
  • Towards the end of the day, there is an inefficiency between two primary candles which creates an opportunity for trading.

Targeting Higher Prices

  • The speaker emphasizes looking for higher prices based on directional bias.
  • A stop run occurs on sell side before prices go higher into inefficiency.
  • By cycling through different time frames (five-minute, one-minute), traders can identify inefficiencies that may not be apparent on one time frame alone.

Lunch Hour Macro and Buy Side

  • Above relative equal highs, there is a buy side opportunity.
  • The speaker mentions a specific time frame (11:50 to 12:10) where the algorithm begins a price run for liquidity.
  • By blending the lunch hour macro and higher time frame bias, traders can anticipate a run towards the June 16th high level.

Higher Time Frame Bias

  • The speaker explains that the current market is in a higher time frame bullish buy program.
  • The shaded blue area represents a weekly volume imbalance and the old high on June 16th, 2023 acts as a buy side target.
  • Large funds have liquidity above this level, creating potential buy stops.

Understanding Price Runs and Inefficiencies

In this section, the speaker discusses price runs and inefficiencies in trading.

Analyzing Price Runs

  • The speaker highlights a specific time frame (11:50 to 12:10) where an algorithm initiates a price run for liquidity.
  • By analyzing price action between two blue lines, traders can target specific levels.

Importance of Cycling Through Time Frames

  • Traders need to cycle through different time frames (five-minute, one-minute) to identify inefficiencies that may not be apparent on one time frame alone.
  • On a one-minute chart, it may not appear as an inefficiency but becomes evident when considering multiple time frames.

Blending Lunch Hour Macro and Higher Time Frame Bias

  • The lunch hour macro reaching for the buy side aligns with the higher time frame bullish bias.
  • This indicates that prices are likely to move towards the June 16th high level rather than reversing lower due to bearish sentiment.

Conclusion

In this transcript, the speaker provides insights into market analysis and trading strategies. They emphasize targeting higher prices based on directional bias and highlight specific levels of interest. Additionally, they discuss price runs, inefficiencies, and the importance of analyzing multiple time frames. Traders are encouraged to consider the lunch hour macro and higher time frame bias when making trading decisions.

New Section

In this section, the speaker discusses the concept of "bearish breaker" and how it can be used to identify entry points for short positions in a bear market.

Understanding Liquidity and Breaker Patterns

  • The speaker explains that liquidity plays a crucial role in understanding market movements.
  • The "bearish breaker" pattern is introduced as a strong indication of potential downward movement in the market.
  • This pattern takes advantage of pending orders and aims to target ill-informed or retail traders who get trapped by breakouts above short-term highs.
  • Liquidity exists at two stages: short-term buy-side liquidity at short-term highs, and higher time frame buy-side liquidity.
  • The speaker emphasizes the importance of identifying these liquidity levels for precise trading.

New Section

In this section, the speaker provides insights into using the breaker pattern effectively and scaling positions for risk management.

Scaling Positions with Breaker Pattern

  • The speaker shares their personal approach to trading using the breaker pattern.
  • They explain that they start with a smaller position (e.g., six contracts) and gradually add more contracts as the trade progresses.
  • By scaling in, they aim to mitigate potential drawdowns if the market quickly reverses after reaching a high point.
  • It is emphasized that this approach may not be suitable for everyone but serves as an example of amplifying the breaker pattern's effectiveness.

New Section

In this section, the speaker addresses misconceptions about using the breaker pattern and highlights its simplicity when applied correctly.

Using Fibonacci Levels with Breaker Pattern

  • The speaker clarifies that there are different approaches being used depending on specific market conditions.
  • They introduce an A to B price lag concept where Fibonacci levels can be applied.
  • By taking the range from high to low and applying Fibonacci retracement, one can identify potential entry points with one standard deviation lower as a conservative approach.
  • The speaker emphasizes that the breaker pattern can be used even before breaking out of the low point, contrary to popular belief.
  • They caution against blindly following breakout or break and retest strategies without understanding the underlying liquidity dynamics.

New Section

In this section, the speaker addresses common misconceptions about trading strategies found on YouTube and other platforms.

Correcting Misguided Trading Approaches

  • The speaker acknowledges that there is a lot of misinformation in online trading courses and videos.
  • They aim to provide accurate information to prevent traders from being misguided.
  • The importance of understanding liquidity levels and using the breaker pattern correctly is emphasized.
  • While more details about PD arrays are available in their books, they provide a simplified approach using A to B price lag for targeting entry points with Fibonacci levels.

This summary covers only a small portion of the entire video.

Risk Management Strategy

The speaker discusses a risk management strategy for dealing with losing trades and emphasizes the importance of experience in making informed trading decisions.

Risk Management Approach

  • When facing a loss, consider if the market still has potential to go lower.
  • If nothing has changed and you want to re-enter the trade, use half of the position size from your first trade.
  • Losing trades are inevitable in trading, but experienced traders can identify favorable scenarios based on market dynamics and their years of experience.
  • The speaker relies on their 30 years of experience to make predictions and share insights on Twitter.
  • It takes time to develop skills and understanding of market tools, so don't get frustrated if it takes longer than expected.
  • Trading in financial markets is challenging due to its ruthless nature.

Identifying Opportunities in Market Inefficiencies

The speaker explains how their approach allows traders to identify opportunities by exploiting market inefficiencies or imbalances.

Reversal or Continuation Patterns

  • A pattern can indicate either a reversal or continuation in an existing bull market.
  • Liquidity plays a crucial role in identifying opportunities.
  • Two levels of sell-side liquidity are observed: short-term created during a rally up, and more significant liquidity at a lower drop level.
  • The speaker anticipates lower drawn liquidity close to the price level before a rally, enticing traders to go long.
  • If analysis indicates that the market will go higher, buying sell stops after taking out the lower liquidity can be considered.

Bread and Butter Setup for Trading

The speaker introduces a simple yet effective setup for trading using standard deviations between two price levels.

Standard Deviation Setup

  • Use the low-to-high range (A to B) as reference points for calculating standard deviations.
  • The easiest setup is to go long somewhere within the range, with a fair value gap for institutional order flow entry.
  • Set a target based on support and resistance levels within the price range.
  • This setup can be used as a standalone strategy or combined with higher time frame analysis for more accurate predictions.

Supercharging Trading Strategies

The speaker explains how traders can enhance their trading strategies by aligning them with higher time frame analysis.

Aligning with Higher Time Frame Analysis

  • By understanding where the market is likely to go on a higher time frame, traders can use patterns to synchronize their trades.
  • Standard deviations between two points (A and B) can be compared with larger liquidity pools from higher time frames for better accuracy.
  • Examples will be provided to demonstrate how this approach can be applied effectively.

Current Market Analysis

The speaker provides an overview of the current market situation and discusses the importance of analyzing opening prices.

Current Market Analysis

  • The transcript refers to July 2nd, 2023, at five minutes after six in New York.
  • Analyzing opening prices and market trends is crucial for understanding the current market situation.

New Section

In this section, the speaker discusses the concept of buying inside a price leg and using breakers as a trading strategy.

Buying Inside a Price Leg

  • The speaker explains that instead of waiting for a breakout and retest, traders can anticipate market movements and trade within a price leg before it happens. This approach is different from traditional break and retest trading.
  • Traders should consider the liquidity run within the price leg and understand that time distortion and manipulation may occur during drops.
  • When long positions get stopped out due to price drops, traders can wait for an imbalance in the market to occur before re-entering their trades.
  • Standard deviations can be used to measure price legs and identify potential entry points.
  • The speaker demonstrates how Fibonacci retracement levels can be used to determine measured moves within a price leg.

New Section

In this section, the speaker explains how to use up-close candles and disruptions in price runs as indicators for buying opportunities.

Using Up-Close Candles

  • Traders can use down-closed candles as indicators of disruptions in price runs.
  • By analyzing these disruptions, traders can identify ranges where they can enter trades as buyers.
  • The speaker annotates specific levels on the chart to illustrate this concept.

New Section

In this section, the speaker discusses how understanding market narratives and factors such as day of the week can help determine when to buy inside a price leg before a breaker occurs.

Market Narratives and Factors

  • Traders should consider various factors such as day of the week, liquidity draws, weekly volume imbalances, and algorithmic repricing when deciding whether to buy inside a price leg before a breaker occurs.
  • Understanding these factors allows traders to differentiate their approach to using breakers and adapt to specific market conditions.
  • The speaker emphasizes that his teachings provide a language for traders to understand how the algorithm delivers price and respect specific price levels.

New Section

In this section, the speaker discusses relative equal highs and how they can be used as qualifiers for new breakers.

Relative Equal Highs

  • Traders can identify relative equal highs on the chart and anticipate liquidity above these levels.
  • By analyzing whether these buy-side levels have been taken out, traders can determine if a new breaker is forming.
  • This information can be used to frame potential retracements or target levels in trading strategies.

The transcript provided does not include timestamps beyond 2969 seconds.

New Section

This section discusses the details of a high and how it relates to trading inside a range or as a pullback.

Using Highs and Breakers for Trading (0:50:43 - 0:51:06)

  • The high of a candle at 44.96 and a half is significant in determining trading levels.
  • If the high doesn't break above this level, it creates a breaker.
  • Observing these breakers can help determine if the market will reach higher or if there will be a pullback.

Identifying Mohawks and Coloring Outside the Lines (0:51:27 - 0:52:02)

  • Mohawks refer to levels identified on the chart that indicate potential price movements.
  • While trading, it's important to anticipate some measure of coloring outside the lines, meaning deviations from expected patterns.
  • Determining where these deviations are likely to occur can improve trading decisions.

Precision in Analyzing Highs and Lows (0:52:21 - 0:53:14)

  • Analyzing highs and lows helps identify potential price movements.
  • By focusing on specific highs and lows, such as A to B legs, traders can anticipate future market behavior.
  • Standard deviations confirm price levels, indicating whether prices will go higher or lower.

Understanding Breakers and Inefficiencies (0:53:37 - 0:54:20)

  • Breakers play an important role in understanding market dynamics.
  • The range within which breakers can pull back into the low is crucial for making trading decisions.
  • Inefficiencies within breakers provide opportunities for profitable trades.

The ICT Breaker on One-Minute Charts (0:54:53 - 0:56.01)

  • Utilizing the upper portion of an ICT breaker on one-minute charts helps identify potential buying opportunities.
  • The last up-close candle within the breaker range is crucial for fine-tuning entry points.
  • Observing price action and order blocks can provide valuable insights for trading decisions.

New Section

This section focuses on utilizing the ICT breaker on a one-minute chart and understanding price ranges.

Utilizing the ICT Breaker on One-Minute Charts (0:55:04 - 0:55:44)

  • The upper portion of an ICT breaker on a one-minute chart can be used to identify buying opportunities.
  • The last up-close candle within the breaker range is important for refining entry points.

Understanding Price Ranges and Gradients (0:56:01 - 0:56:45)

  • The ICT breaker's high and low range provides insights into market dynamics.
  • Gradients within the upper quarter, midpoint, and lower quarter of the range indicate different thresholds.
  • Smart traders analyze price levels to determine optimal entry points.

Timestamps are approximate and may vary slightly.

New Section

In this section, the speaker discusses the importance of understanding order flow and how it can help predict price movements in the market. They emphasize the need to identify real order flow and utilize precise levels for trading decisions.

Understanding Order Flow

  • The speaker emphasizes the importance of understanding order flow to predict price movements.
  • They mention that inefficiencies in order flow can lead to false trading signals.
  • The speaker warns against blindly following others who suggest shorting based on perceived inefficiencies.
  • They teach how to identify real order flow and understand algorithmic repricing.
  • The speaker provides specific levels and precision for buying positions based on order flow.

Utilizing Reference Points

  • The speaker compares reference points in trading to rungs on a ladder or anchor points for climbers.
  • They explain how they accumulate long positions based on reference points and support levels.
  • Specific examples are given where buying is done at different levels within a price range.

Breakers and Distortions

  • The speaker identifies breakers as entry points for trades, utilizing them within larger price legs.
  • They mention distortions and manipulations within certain price ranges.
  • Examples are provided where short-term price legs are used for trading decisions.

Macro Times and Liquidity

  • The speaker mentions specific macro times where algorithms start reaching for liquidity.
  • They caution against relying on arbitrary macro times suggested by others without proper understanding.

Mentorship Approach

  • The speaker clarifies that they provide mentorship rather than paid mentorships with upsells later on.
  • They emphasize the importance of learning correctly from reliable sources.

New Section

In this section, the speaker discusses buy-side liquidity, daily candle patterns, and their approach to teaching accurate trading strategies.

Buy-Side Liquidity

  • The speaker refers to buy-side liquidity on a specific date and emphasizes its importance.
  • They mention the possibility of price drawing up into the buy-side liquidity and weekly volume balance.

Teaching Approach

  • The speaker explains their teaching approach, emphasizing accuracy and engineering in their strategies.
  • They express the desire for learners to understand concepts correctly without misinformation from others.

Standard Deviations

  • The speaker mentions three and four standard deviations, but further details are not provided in this section.

Standard Deviation and Liquidity Range

The speaker discusses the relationship between standard deviation levels and liquidity ranges in the market.

Understanding Standard Deviation and Liquidity

  • Standard deviation levels can indicate potential price movements.
  • When standard deviation levels align with a range of liquidity, it suggests that the market is likely to reach up into that liquidity range.
  • The speaker provides an example of how a negative 6.5 standard deviation aligns with the daily high of June 16th.

Learning Market Language

The speaker emphasizes that learning about the market is like learning a language, starting from basic concepts and gradually building knowledge.

Learning Market Expectations

  • Just as we learn letters in kindergarten before forming words, understanding market expectations requires starting with basic concepts.
  • The speaker teaches about having expectations for the market to reach up into liquidity above certain levels.
  • An example is given of expecting the market to reach up into liquidity above a specific high at 44.

Using Range for Targeting

The speaker explains how to use a range, specifically weekly volume balance, for targeting purposes.

Utilizing Weekly Volume Balance Range

  • A range on the chart represents weekly volume balance.
  • By using breakers based on standard deviations within this range, one can identify potential target levels.
  • Confluence of levels within this range increases confidence in targeting decisions.

Identifying Price Levels for Exit

The speaker discusses specific price levels that can be used as exit points based on confluence and confirmation.

Exit Points Based on Price Levels

  • Two price levels are identified: 44.95.75 and 44.96.50.
  • Either of these two price levels can be considered as a good point to exit a trade.
  • The speaker factors in the spread when determining the exit range.

Dynamic Levels and Algorithmic Pricing

The speaker explains that the levels discussed are dynamic and how algorithms use this information for pricing.

Dynamic Levels and Algorithmic Pricing

  • The levels discussed are not based on harmonic patterns, white call stuff, supine, or Elliott wave theory.
  • Algorithms used for pricing commodities, index futures, forex, etc., utilize the information presented.
  • Understanding time of day and algorithm behavior helps predict price movements.

Managing Trades Based on Time and Liquidity

The speaker discusses managing trades based on time of day and liquidity levels.

Managing Trades Based on Time and Liquidity

  • Trade management involves considering time of day and liquidity levels.
  • Algorithms reprice against existing liquidity during specific times of the day.
  • Resting stops above relative equal highs can influence trade decisions.

Real-Time Market Executions

The speaker emphasizes that the trade executions shown are real-time market executions, not simulated replays.

Real-Time Market Executions

  • The trade executions shown are not simulated replays but actual real-time market executions.
  • Details provided in the video demonstrate real trades being executed using the strategies taught.

Progression Towards Precision

The speaker highlights that achieving precision in trading requires time and practice.

Progression Towards Precision

  • Achieving high precision in trading takes time to master all the concepts taught.
  • Starting with simple setups is sufficient initially before progressing towards more advanced techniques.
  • Building knowledge gradually leads to better precision in trading decisions.
Video description

Live Executions: https://twitter.com/I_Am_The_ICT/status/1674858173126135808?s=20 Government Required Risk Disclaimer and Disclosure Statement CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person’s investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Past performance does not guarantee future results. Simulated performance results contain inherent limitations. Unlike actual performance records the results may under or over compensate for such factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses to those shown. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. If you purchase or sell Equities, Futures, Currencies or Options you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain your position. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice in order to maintain your position. If you do not provide the required funds within the prescribed time, your position may be liquidated at a loss, and you may be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market makes a “limit move.” The placement of contingent orders by you, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.