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ICT Mentorship Core Content - Month 10 - Index Futures - Index Trade Setups
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ICT Mentorship Core Content - Month 10 - Index Futures - Index Trade Setups

Introduction

The speaker introduces the topic of commodities and futures trading, reminds viewers to read the disclaimer, and clarifies that he is not a licensed commodity trade advisor.

Lesson 5: Index Trade Setups

The speaker discusses index trade setups and provides specific strategies for identifying opportunities in the market.

Two Session Up Close

  • Look for an index smt divergence on the lows when the am trend returns down to a discount array.
  • Compare lows from London session into the 9:30 AM session.
  • Hold out for time of day which is 10:30 to 11 o'clock in the morning.
  • Compare lows at specific price points on S&P, Dow, and NASDAQ.
  • If NASDAQ fails to go lower, it supports the idea that S&P should rally and go higher.

Lunch Hour Consolidation

  • Look for retracement back down below lows formed in lunch hour or return back to fair value gap or bullish order block scene inside of lunch hour at lows formed in lunch hour.
  • Rely on time of day going into close to get maximum daily range in your favor.

Premium Array

  • Aim for a premium array (15 or 60 minute PDA array).
  • Look for additional ramp up last hour going into close until it reaches premium array.

Conclusion

The speaker provides valuable insights into index trade setups by discussing specific strategies such as comparing lows at specific price points on S&P, Dow, and NASDAQ. He also emphasizes holding out for time of day to get maximum daily range in your favor.

Trading Strategies for the E-mini S&P

In this section, the speaker discusses trading strategies for the E-mini S&P and how to identify short-term highs and lows.

Identifying Short-Term Highs and Lows

  • Look at NASDAQ and Dow futures against the S&P to identify a return back to fair value gap or a bearish order block.
  • After lunch hour, look for weakness immediately after lunch hour closes to project a two-session down close profile.
  • Hunt and stalk short-term high from 1 pm in New York time. Look for reasons to suspect a fair value play for selling short or bearish order block.
  • Intraday lows are many times lined up with a 15 to 60 Minute PD array.

AM Session vs PM Session

PM Session

  • Hold on to profit until 3 pm Bond close or even better, hold on until 4 o'clock.
  • Anticipate rally in the afternoon session to sell into.

AM Session

  • Look at three averages NASDAQ Dao against the S&P and compare index smt on lows.
  • Hold until very close to 11 o'clock or just past it as we get into lunch hour.
  • Refer back to discount array in AM session that caused initial rally. If it blends well with higher time frame discount rate, expect short-term bounce maybe back into consolidation or resuming higher.

Market Reversal

PM Session Reversal

  • Anticipate move outside of lunch around one o'clock in the afternoon New York time.
  • Look for overlap or a nested premium array vaccine on the 15 or 60 Minute and daily or four-hour so that higher time frame confluence with nested ideas of Premium array would be our Catalyst for this PM session reversal.

AM Session Reversal

  • Look for index smt diversions on highs going from London session into the 9:30 am equities opening.
  • Hold until very minimum 10:30 am and closer to 11 o'clock at 11 o'clock anticipate some measure of consolidation or retracement going into lunch hour.

Intraday High and Low

This section discusses the intraday high and low, and how they can be used to anticipate market reversals.

Anticipating a Lower Low in the Afternoon

  • The AM session low suggests that the low forms above a 15 or 60 Minute PD array.
  • A lower low could be expected in the afternoon trading down into these 15 minute or 60 Minute PD array.
  • If that discount array is also a nested higher time frame for our daily discount array, it further bolsters the idea of a market reversal in the afternoon.

Consolidation AM Decline PM Rally

  • Initially when the market makes an attempt to rally up into a premium array, we're gonna be looking at the indices to diverge bearishly at the highs comparably.
  • We'll be holding for again ideally around 10:30 to 11 o'clock in the morning New York time then anticipating after 11 o'clock some measure of consolidation to retracement higher going into lunch hour.
  • After one o'clock is seen in New York we would anticipate some measure of a rally again and we would be comparing s t diversions at the highs comparably across three averages.

Anticipating an Expansion on Upside

  • We will be relying on time updates so generally around two o'clock in the afternoon it creates that comparable high in PM session.
  • The afternoon high is going to be seen with a 15 or 60 Minute PD array and we would anticipate not further upside but a retracement and gravitation back to equilibrium price point of day basically back to middle.

Consolidation AM Rally PM Decline

This section discusses how to anticipate a market reversal in the afternoon and how to trade it accordingly.

Comparing Index SMT Divergences

  • In the morning, we're going to be comparing the index smt diversions at the lows comparably against the Dow and NASDAQ with the s p mean Mini.
  • After 11 o'clock, we would anticipate some measure of consolidation and or retracement down into lunch hour.
  • We would be comparing s t diversions at the highs comparably across three averages.

Anticipating Short-Term Lows

  • We will be holding for again around two o'clock minimum looking for a run into short-term lows.
  • The AM session High will be a 15 or 60 Minute PD array or premium array.
  • The afternoon low again reaching into the two o'clock hour as many times it's going to be a 15 minute to 60 Minute discount array.

Determining Which Low Will Be Taken Out

  • The afternoon low could run just a lunch low or it can run the intraday low formed in the AM session.
  • If that am session bounces into lunch off of a higher time frame nested level that's also seen on a 15 or a 60 Minute discount array then we don't expect the intraday low to be taken out in PM session.
  • If that am session low is forming above a higher time frame discount array then we would anticipate a lower run on intraday low in PM session.

PM Trend or Afternoon Session for Equities

In this section, the speaker discusses the PM trend or afternoon session for equities or indices. The Dow made a lower high and was unable to rally above it in the PM session and went lower. The NASDAQ made a higher high than that which was seen in the lunch hour, while the S&P was unable to make a higher high that was seen in the lunch hour.

  • The Dow made a lower high and was unable to rally above it in the PM session.
  • The NASDAQ made a higher high than that which was seen in the lunch hour.
  • The S&P was unable to make a higher high that was seen in the lunch hour.

Using 15 to 60 Minute PD Array as Objectives and Targets

In this section, the speaker talks about using 15 to 60 minute PD array as objectives and targets. He also explains how these intraday swings occur when looking at S&P.

  • Using 15 to 60 minute PD array as objectives and targets.
  • Explaining how these intraday swings occur when looking at S&P.

Short-term Trading in Swing Trading with Stocks

In this section, the speaker talks about short-term trading in swing trading with stocks on a month by month basis. He also mentions that July's content will be focused on Mega trades across all asset classes.

  • Talking about short-term trading in swing trading with stocks on a month by month basis.
  • Mentioning that July's content will be focused on Mega trades across all asset classes.
Playlists: 2017 ICT Private Mentorship Core Content Month 10
Video description

2017 Premium ICT Mentorship Core Content Video Lectures Audio and visuals are exactly as they were distributed in June 2017. 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.