ICT Core Content Months 1 to 12

This Document Includes…

ICT Mentorship Core Content Months 1 to 12

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Table of Contents

ICT MENTORSHIP CORE CONTENT MONTHS 1 to 12 5

ICTMentorshipCoreContent-Month1-ElementsofaTradeSetup(EP1) 6
ICTMentorshipCoreContent-Month1-HowMarketMakersConditionTheMarket(EP2) 10
ICTMentorshipCoreContent-Month1-WhatToFocusOnRightNow(EP3) 11
ICTMentorshipCoreContent-Month1-EquilibriumVs.Discount/Premium(EP4&5) 12
ICTMentorshipCoreContent-Month1-FairValuation(EP6) 13
ICTMentorshipCoreContent-Month1-LiquidityRuns(EP7) 13
ICTMentorshipCoreContent-Month1-ImpulsePriceSwings&MarketProtection(EP8) 15
ICTMentorshipCoreContent-Month02GrowingSmallAccounts(EP1) 16
ICTMentorship-CoreContent-Month02-FramingLowRiskTradeSetups(EP2) 17
ICTMentorship-CoreContent-Month02-HowTradersMake10%PerMonth(EP3) 18
ICTMentorshipCoreContent-Month02-NoFearOfLosing(EP4) 19
ICTMentorshipCoreContent-Month02-HowToMitigateLosingTradesEffectively(EP5) 21
ICTMentorshipCoreContent-Month02-TheSecretsToSelectingHighRewardSetups(EP6) 22
ICTMentorshipCoreContent-Month02-MarketMakerTrapFalseFlag(EP7) 24
ICTMentorshipCoreContent-Month02-MarketMakerTrapFalseBreakouts(EP8) 27
ICTMentorshipCoreContent-Month03-TimeframeSelection&DefiningSetups(EP1) 28
ICTMentorshipCoreContent-Month03-InstitutionalOrderFlow(EP2) 31
ICTMentorshipCoreContent-Month03-InstitutionalSponsorship(ep3) 32
ICTMentorshipCoreContent-Month03-TheNextSetup-AnticipatorySkillDevelopment(EP4) 35

ICTMentorshipCoreContent-Month03- InstitutionalMarkIeCtTSMtreunctourseh(EipPC5o) reContent-Month03- 35

MacroEconomicToMicroTechnical(EP6) ICTMentorshipCoreContent-Month03- 38
MarketMakerTrapTrendlinePhantoms(EP7) ICTMentorshipCoreContent-Month03- 38
MarketMakerTrapHeadShouldersPattern(EP8) 40
ICTMentorshipCoreContent-Month04-InterestRateEffectsOnCurrencyTrades(EP1) 40
ICTMentorshipCoreContent-Month04-ReinforcingLiquidityConcepts&PriceDelivery(EP2) 42
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ICTMentorshipCoreContent-Month04-Orderblocks(EP3) ICTMentorshipCoreContent-Month04-
45
MitigationBlocks(EP4) ICTMentorshipCoreContent-Month04-BreakerBlock(EP5)
47
ICTMentorshipCoreContent-Month04-ICTRejectionBlock(EP6) ICTMentorshipCoreContent-
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Month04-ReclaimedICTOrderblock(EP7) ICTMentorshipCoreContent-Month04-
53
PropulsionBlock(EP8) ICTMentorshipCoreContent-Month04-VacuumBlock(EP9)
55
ICTMentorshipCoreContent-Month04-LiquidityVoids(EP10) ICTMentorshipCoreContent-Month04-
55
LiquidityPools(EP11) ICTMentorshipCoreContent-Month04-ICTFairValueGapsFVG(EP12)
56
ICTMentorshipCoreContent-Month04-DivergencePhantoms(EP13) ICTMentorshipCoreContent-
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Month04-DoubleBottomDoubleTop(EP14)
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ICTMentorshipCoreContent-Month05-QuarterlyShifts&IPDADataRanges(EP1)
59
ICTMentorshipCoreContent-Month05-OpenFloat(EP2) ICTMentorshipCoreContent-Month05-
59
UsingIPDADataRanges(EP3) ICTMentorshipCoreContent-Month05- 60
DefiningOpenFloatLiquidityPools(EP4) ICTMentorshipCoreContent-Month05-
64
DefiningInstitutionalSwingPoints(EP5) 65
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ICT Mentorship Core Content - Month 05 - Using 10 Year Notes In HTF Analysis and Qualifying Trade Conditions With 10 Year
Yields(EP6&7) 69
ICTMentorshipCoreContent-Month05-InterestRateDifferentials(EP8) 69
ICTMentorshipCoreContent-Month05-HowToUseIntermarketAnalysis(EP9) 71
ICTMentorshipCoreContent-Month05-HowToUseBullishSeasonalTendenciesInHTFAnalysis(EP10) 72
ICT Mentorship Core Content - Month 05 - How To Use Bullish Seasonal Tendencies In HTF Analysis / Ideal Seasonal
Tendencies(EP11&12) 73

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ICT Mentorship Core Content - Month 05 - Money Management (EP 13) 74
ICT Mentorship Core Content - Month 05 - Defining HTF PDA (EP 14) 75
ICT Mentorship Core Content - Month 05 - Trade Conditions & Setup Progressions (EP 15) 76
ICT Mentorship Core Content - Month 05 - Stop Entry Techniques For Long Term Traders (EP 16) 77
ICT Mentorship Core Content - Month 05 - Limit Order Entry Techniques For Long Term Traders (EP 17) 78
ICT Mentorship Core Content - Month 05 - Position Trade Management (EP 18) 79
ICT Mentorship Core Content - Month 06 - Ideal Swings Conditions For Any Market (EP 1) 79
ICT Mentorship Core Content - Month 06 - Elements To Successful Swing Trading (EP 2) 81
ICT Mentorship Core Content - Month 06 - Classic Swing Trading Approach (EP 3) 82
ICT Mentorship Core Content - Month 06 - High Probability Swing Trade Setups In Bull Markets (EP 4) 87
ICT Mentorship Core Content - Month 06 - High Probability Swing Trade Setups In Bear Markets (EP 5) 88
ICT Mentorship Core Content - Month 06 - Reducing Risk & Maximizing Potential Reward In Swing Setups (EP 6) 91
ICT Mentorship Core Content - Month 06 - Keys To Selecting Markets That Will Move Explosively (EP 7) 93
ICT Mentorship Core Content - Month 06 - The Million Dollar Swing Setup (EP 8) 94
ICT Mentorship Core Content - Month 07 - Short Term Trading Using Monthly & Weekly Ranges (EP 1) 97
ICT Mentorship Core Content - Month 07 - Short Term Trading Defining Weekly Range Profiles (EP 2) 103
ICT Mentorship Core Content - Month 07 - Short Term Trading Market Maker Manipulation Templates (EP 3) 109
ICT Mentorship Core Content - Month 07 - Short Term Trading Blending IPDA Data Ranges & PD Arrays (EP 4) 111
ICT Mentorship Core Content - Month 07 - Short Term Trading Low Resistance Liquidity Runs Part 1 (EP 5 & 6) 112
ICT Mentorship Core Content - Month 07 - Intraweek Market Reversals & Overlapping Models (EP 7) 116
ICT Mentorship Core Content - Month 07 - One Shot One Kill Model (EP 8) 116
ICT Mentorship Core Content - Month 08 - Essentials To ICT Daytrading (EP 1)
117
ICT Mentorship Core Content - Month 08 - Defining The Daily Range (EP 2)
119
ICT Mentorship Core Content - Month 08 - Central Bank Dealers Range and Projecting LOD and HOD (EP 3 & 4)
119
ICT Mentorship Core Content - Month 08 - Projecting Daily Highs & Lows (EP 4)
120
ICT Mentorship Core Content - Month 08 - Intraday Profiles (EP 5)
121
ICT Mentorship Core Content - Month 08 - When To Avoid The London Session (EP 6)
122
ICT Mentorship Core Content - Month 08 - High Probability Daytrade Setups (EP 7)
123
ICT Mentorship Core Content - Month 08 - Integrating Daytrades With HTF Trade Entries (EP 8)
127
ICT Mentorship Core Content - Month 09 - The Sentiment Effect (EP 1)
128
ICT Mentorship Core Content - Month 09 - Filling The Numbers (EP 2) 130
ICT Mentorship Core Content - Month 09 - 20 Pips Per Day (EP 3) 132
ICT Mentorship Core Content - Month 09 - Trading In Consolidations (EP 4) 135
ICT Mentorship Core Content - Month 09 - Trading Market Reversals (EP 5) 136
ICT Mentorship Core Content - Month 09 - Bread & Butter Buy Setups (EP 6) 138
ICT Mentorship Core Content - Month 09 - Sell Setups (EP 7) 143
ICT Mentorship Core Content - Month 09 - ICT Day Trade Routine (EP 8) 149
ICT Mentorship Core Content - Month 10 - Commitment Of Traders (EP 1) 151
ICT Mentorship Core Content - Month 10 - Relative Strength Analysis - Accumulation & Distribution (EP 2) 153
ICT Mentorship Core Content - Month 10 - Commodity Seasonals Tendencies - My Personal Favorites (EP 3) 157
ICT Mentorship Core Content - Month 10 - Premium Vs. Carrying Charge Market (EP 4) 161
ICT Mentorship Core Content - Month 10 - Open Interest Secrets & Smart Money Footprints (EP 5) 163
ICT Mentorship Core Content - Month 10 - Bond Trading - Basics & Opening Range Concept (EP 6) 167
ICT Mentorship Core Content - Month 10 - Bond Trading - Split Session Rules (EP 7) 168
ICT Mentorship Core Content - Month 10 - Bond Trading - Consolidation Days (EP 8) 170
ICT Mentorship Core Content - Month 10 - Bond Trading - Trending Days (EP 9) 171
ICT Mentorship Core Content - Month 10 - Index Futures - Basics & Opening Range Concept (EP 10) 173
ICT Mentorship Core Content - Month 10 - Index Futures - AM Trend (EP 11) 175
ICT Mentorship Core Content - Month 10 - Index Futures - PM Trend (EP 12) 179
ICT Mentorship Core Content - Month 10 - Index Futures - Projected Range & Objectives (EP 13) 181
ICT Mentorship Core Content - Month 10 - Index Futures - Index Trade Setups (EP 14) 184
ICT Mentorship Core Content - Month 10 - Stock Trading - Seasonals & Monthly Swings (EP 15) 188
ICT Mentorship Core Content - Month 10 - Stock Trading - Building Buy Watchlists (EP 16) 188

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ICT Mentorship Core Content - Month 10 - Stock Trading - Building Sell Watchlists (EP 17) 19
ICT Mentorship Core Content - Month 10 - Stock Trading - Using Options (EP 18) 0
ICT Mentorship Core Content - Month 10 - Importance Of Multi-Asset Analysis (EP 19) 19
ICT Mentorship Core Content - Month 11 - Commodity Mega-Trades (EP 1) 1
ICT Mentorship Core Content - Month 11 - Forex & Currency Mega-Trades (EP 2) 19
ICT Mentorship Core Content - Month 11 - Stock Mega-Trades (EP 3) 2
ICT Mentorship Core Content - Month 11 - Bond Mega-Trades (EP 4) 19
ICT Mentorship Core Content - Month 12 - Long Term Top Down Analysis (EP 1) 2
ICTMentorshipCoreContent-Month12-IntermediateTermTopDownAnalysis(EP2) 19
ICT Mentorship Core Content - Month 12 - Short Term Top Down Analysis (EP 3) 6
ICT Mentorship Core Content - Month 12 - Intraday Top Down Analysis (EP 4) 20
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ICT MENTORSHIP CORE CONTENT
Months 1 to 12

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 ICT Mentorship Core Content - Month 1 - Elements of a Trade Setup (EP 1)

Elements to a Trade Setup

A. ContextorFrameworksurroundingtheidea.
1. Expansion
2. Retracement
3. Reversal
4. Consolidation
B. ReferencePointsinInstitutionalOrderFlow
1. Orderblocks
2. FairValueGaps&LiquidityVoids
3. LiquidityPools&StopRuns
4. Equilibrium

Market Efficiency Paradigm

The Interbank Price Delivery Algorithm

All markets start with consolidation

All markets move from consolidation to expansion

All markets move from expansion to

- Consolidationagain
- Retracement
- Reversal

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Expansion
What is Expansion?
Expansion is when price moves quickly from a level of equilibrium.

What is the importance?

When price leaves a level quickly this indicates a willingness on the part of the Market Makers to
reveal their intended repricing model.

What do we look for in price?

The orderblock the Market Makers leave at or near the equilibrium.

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Retracement
What is Retracement?
Retracement is when price moves back inside the recently created price range.

What is the importance?

When price returns inside a recent price range this indicates a willingness on the part of the
Market Makers to reprice to levels not efficiently traded for Fair Value.

What do we look for in price?

The Fair Value Gaps and Liquidity Voids.

Reversal
What is Reversal?
Reversal is when price moves the opposite direction that current direction has taken it.

What is the importance?

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When price reverses direction it indicates the Market Makers have run a level of Stops and a
significant move should unfold in the new direction.

What do we look for in price?

The liquidity pools just above an old price high and just below an old price low.

Consolidation

What is consolidation?
Consolidation is when price moves inside a clear trading range and shows no willingness to
move significantly higher or lower.

What is the importance?

When price consolidates it indicates the Market Makers are allowing orders to build on both
sides of the market. Expect a new expansion near term.

What do we look for in price?

The impulse swing in price away from the equilibrium price level that is found exactly in the
halfway point of the consolidation range.

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ICT Mentorship Core Content - Month 1 - How Market Makers Condition The Market (EP 2)

The Market Efficiency Paradigm

● Bulk of traders is uninformed money
● There is a smart money group of traders out there

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 ● Bulk of traders does not move markets, supply and demand zones do not increase
prices, it is smart money that takes price. This is the banks, the central bank, they move
prices.
Elements to a Trade Setup

A. ContextorFrameworksurroundingtheidea.
1. Expansion=judasswing
2. Retracement=newyorksession
3. Reversal=londonswing
4. Consolidation=asiarange

Daily Range Structure

1. Priceequilibrium
2. Manipulation
3. Expansion
4. Reversal
5. Retracement
6. Consolidation
- Afterconsolidationpricealwaysexpands
- Afterexpansionpriceretracesorreverses

Classic Day
1ASIA =consolidationthanexpansion
. LONDON = reversal into expansion
2New York AM = retracement and expansion
. New York PM = reversal into consolidation
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. ICT Mentorship Core Content - Month 1 - What To Focus On Right Now (EP 3)
4
.

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What you should focus on
- Have no expectations
- Throw away all other information

A. DailyPriceActionLogwithpriceCharts
- Daily chart - 12 months
- view 4 hour chart - 3
- months view 1 hour chart -
- 3 weeks view 15 minute
chart - 3 days view
B. ResisttheUrgetoForecastPriceMovementsRightNow
I. Do note where price shown a quick movement form a specific level
II. Do note recent highs and recent low that haven't been taken
III. Do note areas on the chart where price has left equal highs or lows
IV. Do note what days weekly highs and lows form and what killzone it formed in
V. Do note the daily high and daily low every day and what killzone it formed in
- Dropdownfrom 1d-4h-1h-15m

ICT Mentorship Core Content - Month 1 - Equilibrium Vs. Discount / Premium (EP 4 & 5)

Equilibrium
The 50% or half-way mark of the price swing (low to high).
- Pricewillgohigheruntilcentralbankpositionsarefunded,restingabovebuystops
- Pricewillgoloweruntilcentralbankpositionsarefunded,restingbelowsellstops
- Rememberpricelikestoconsolidateatequilibriumandthanexpandtowardsliquidity
- ExplosivemovehappensatOTE(optimaltradeentry)whichisbetween62%and79%.
- Priceshouldnotspendmuchtimeindiscount/premiumaftercomingup/downtoit.
- Rememberconsolidationformsequallowsandequalhighs.

Once that price move happens, note the equilibrium of that price low to high
● Youwanttobuybelowequilibrium(discount)
● Youwanttosellaboveequilibrium(premium)
● Thisisbecausethoselevelsarefairvalueforthebanks,thisiswheretheyputtheir
positions.
○ Oncepricereachesdiscount/premiumonHTF,studyLTFmarketstructure

Impulse Price Swing

This is a strong movement / rally in a direction (lower or higher).
- Buyindiscount

ICT Mentorship Core Content - Month 1 - Fair Valuation (EP 6)

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Fair Valuation

ICT Mentorship Core Content - Month 1 - Liquidity Runs (EP 7)

Liquidity
What is Liquidity?
Liquidity refers to the degree to which a market can be quickly bought or sold in the market
without affecting the assets price.

- Buyordersandsellordersthatareexisting(stoplosses)
1. Longpositionsputstoplossesabovehighs(buystops)
2. Shortpositionsputstoplossesbelowlows(sellstops)

High Resistance Liquidity (not high probable trading condition)

When there are so many old highs or old lows that need to be run through to get to resting
liquidity.

1. To get to the high we have to run through old

lows (resistance) and take out all the highs.

2.To get to the low we have to run through old

highs (resistance) and take all the lows.

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Low Resistance Liquidity (high probable trading condition)
When there are not as many old highs or old lows that need to be run through to get to resting
liquidity above or below.

1.Price expanded down breaking an old low, the

LRLR is the run up until that old low. Every
retracement finds a potential entry.

2. Price expanded up breaking an old high,

the LRLR is the run down until that old high.
Every retracement finds a potential entry.

For Example
Every long is HRLR because price is going
to have a difficult time getting to those highs,
however every low that gets put in
(institutional order flow), gets run through,
shorts are LRLR.

For Example
A Long term low is put in and this old low is
very well protected by other lows. Every
time the market retraces lower it is in the
form of a HRLR. Every long is a LRLR.
Every short term high shows an easy LRLR
and will be easy to run through.

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 ICT Mentorship Core Content - Month 1 - Impulse Price Swings & Market Protection (EP
8)

Market Protraction
Impulse price swing that is highly sensitive to the time of day. There are three and the design is
to fake out buyers or sellers.

Forex Protraction Timings

1 00:00 (impulse price swing that is usually high/low of day, a.k.a London Judas / Swing)
. 07:00 (impulse price swing that usually retraces, a.k.a NY Retracement)
2 - Moveawayfrom00:00inLOandNYretracement
. - YoucanusefibonaccionLondonpriceswingtoestimateNYretracement

ICT Mentorship Core Content - Month 02 Growing Small Accounts (EP 1)

Growing Small Account Without High Risk

1. Whatyouneedtoavoid:
a. Donottrytorushtomakemassivegainsineitherpipsor%returns.
b. Donotopenyourselftolargeriskinhopesofequallylargereturnsorprofits
c. Donotassumetakingsmallriskdefinedtradeswillnotgrowyouraccount
d. Do not sacrifice trading equity for poor planning or lack thereof.

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 2. Whatyouneedtoaimfor:
a. Determine how to realistically anticipate a favorable Reward to risk model.
b. LearntorespecttheRisksideofthetradesetupsmoreovertherewards
c. Identify trade setups that permit 3 reward multiples to one risk or higher.
d. Framegoodrewardtorisksetupsthathavelittleimpactifunprofitable.

The Reality of Reward to Risk to Reward Ratios

What Should You Focus on Initially (Forex)

1. Compounding6%permonth
- Itonlytakes20pipsperweek
- Itonlyrequires1.5%risk
- Itonlyrequires1:1Ratio
- Account:$1000.00USD
- Riskpertrade$15.00USD
- Risk20pipsformentryprice
- Profittakenat20pipsfor1.5%return

2. Wheredo6%permonthsetupsform?
- Dailychartmakesiteasy
- Locateainstitutionalorderblockliketheonehighlightedinthechartbelow
- WaitfortheEntryattheH1CISDthathittheDailyOBtoform.
- Manageyourtradeandtrailyourstoplossat1:1.

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 ICT Mentorship - Core Content - Month 02 - Framing Low Risk Trade Setups (EP 2)

How to Frame Low Risk Trade Setups

1. Whatmakesthesetupwork?
a. Selectingtradesetupsonhighertimeframechatsisideal.
- Todetermineinstitutionalorderflow
b. Largeinstitutionsandbanksanalyzemarketsondaily-weekly-monthlybasis
c. Locatingpricelevelsthatalignwithinstitutionalorderflowiskey
d. Highertimeframesetupsformslowandprovideampletimetoplanaccordingly
2. Whatcanwedotolowertheriskinthetrade?
a. Thehighertimeframehasmoreinfluencesonpricesowefocusthere
b. TheconditionsthatlendtoatradesetuponaHTFcanberefinedtoLTF.
c. TranspiretheHTFlevelstoLTFcharts.
d. RefiningHTFlevelstoLTFchartsallowssmallerstoplossplacementandrisk.

Same trade as the last episode but on a 5 minute chart, greater RR, less risk, more profit.

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 ICT Mentorship - Core Content - Month 02 - How Traders Make 10% Per Month (EP 3)

Taking Partials and leaving runners after.

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 ICT Mentorship Core Content - Month 02 - No Fear Of Losing (EP 4)

Why Losing on Trades Won’t Affect Your Profitability

A. Whattradingwithfearoftakinglossesactuallydoestoyourtrading
1.
Stayingconcernedabouttakinglossespromotesfearbaseddecisionmaking.
2. Equitythatismanagedbytradersthatcannottakealosscantprofitlongterm
3. Losingisinevitable-fearbaseddecisionmakingkeepsfocusontheadverse.
4. Fearbaseddecisionmakingfosterstraderparalysisorinabilitytoexecute
efficiently.

B. Whyprofitsareachievabledespitetakingreasonablelosses:
1. Theprofessionalequitymanagerunderstandslossesarecostsofdoingbusiness
2. Using sound equity management and high probability setups yield handsome $
gains
3. Tradingscenariosthatencouragepotential3:1RRprovideinitialfoundation
4. Definingsetupsthatframe5:1RRormore-efficientlycoverlosses.

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Consider These Numbers

- NetProfit=$100.00=2%Return
- ChangeRRto5:1andyournetprofit=$400.00=8%return
- IfyoukeepRRto5:1andyourisk2%,yournetprofitis$750.00=15%return
Make accuracy 40% instead of 30%, net profit = $1400 = 28% return (you can see how small
changes make a big difference. 50% Accuracy is now $2000 profit every month or 40% return.

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ICT Mentorship Core Content - Month 02 - How To Mitigate Losing Trades Effectively (EP
5)

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 ICT Mentorship Core Content - Month 02 - The Secrets To Selecting High Reward Setups
(EP 6)

The Secrets To High Reward Trading Setups:

1 Patience
. Define Trade Environment
2Define Trade Parameters - very very very very defined and structured (if this than this
. Executable Criteria - flow chart , step by step
3Understand Why It Should Pan Out
. Experience For Future Reference
4
Foca.l Point
It is5 crucial to understand that efficiency in Trading comes by way of Process Oriented Thinking -
not .by way of Reactionary or Impulsive Thinking - or rushing ahead to Trade Signals
prem6aturely.
.
a. DefineYourGoal
b. DevelopAPlan
c. TakeAction
d. StickToIt
e. Success

Big Picture Perspective

Focus on at least two of these to come into agreement, not all 4 have to agree, but to arrive at
an agreement, at least two have to agree.

1. MacroMarketAnalysis 2.
InterestRateAnalysis 3.
IntermarketAnalysis 4.
SeasonalInfluences

Macro Market Analysis

a. Inflationary Market
b Deflationary Market
.
Interest Rate Analysis
a. Higher Rates
b. Lower Rates
c. Unexpected Change

Intermarket Analysis
a. CRB Index - Commodities (commodities up dollar index down and vice versa)
b USDX - US dollar index
.

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 Seasonal Influences
a. Bullish Seasonal Tendencies
bBearish Seasonal Tendencies
.
Intermediate Perspective
Focus on at least two of these to come into agreement, not all 3 have to agree, but to arrive at
an agreement, at least two have to agree.

1. TopDownAnalysis
2. COTData(commitmentoftradersdata)
3. MarketSentiment

Top Down Analysis

a. MonthlyChart-lookingforkeylevels
b. WeeklyChart-lookingforkeylevels
c. DailyChart-dailybias

COT Data
a. Bullish hedging by smart money
b Bearish hedging by smart money
. Extreme levels historically
c.
Market Sentiment
a. Extreme market bullishness
b Extreme market bearishness
.
Short Term Perspective
Focus on all 3 of these to come into agreement to arrive at an agreement, at least two have to
agree. Ideally once from each. A.K.A, SMT , daily range, institutional order flow.

1. CorrelationAnalysis
2. TimeandPriceTheory
3. IPDA-InterbankPriceDeliveryAlgorithm

Correlation Analysis
a. USDX SMT Analysis (crack in correlation with dollar index and currency)
b Correlated Asset Analysis (crack in correlation with closely correlated
. assets/pairs)

Time and Price Theory

a. QuarterlyEffect(every3monthsapriceshift)
b. MonthlyEffect
c. WeeklyRange(weeklyprofile)
d. DailyRange(po3-OHLC/OLHC)

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 e. Time of Day

IPDA - Interbank Price Delivery Algorithm

a. InstitutionalOrderFlow
b. LiquiditySeeking
c. MarketEfficiencyParadigm

ICT Mentorship Core Content - Month 02 - Market Maker Trap False Flag (EP 7)

Market Maker Trap: False Flags

a. False Bull Flags In Price Action:

- Notallsuddenpriceralliesthatmoveintoshorttermconsolidationsarebullflags
- InmaturebulltrendsorinHTFdistributionlevels-pricewillpostfalsebullflash
- Retailtraderswillseeclassic“continuationbupattern”butitwillresultsina
reversal
- Understandinghighertimeframechartsandpremiummarketswillassistin
identifying

b. False Bear Flags In Price Action

- Notallsuddenpricedeclinesthatmoveintoshorttermconsolidations
- InmaturebearrendsorinHTFdistributionlevels-pricewillpostfalsebearlash
- Retailtraderswillseeclassic“continuationsellpattern”butitwillresultsina
reversal
- Understandinghighertimeframechartsanddiscountmarketswillassistin
identifying

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What Happened Was…
We went in a bearish orderblock and into a premium, not a bullish indicator.

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 ICT Mentorship Core Content - Month 02 - Market Maker Trap False Breakouts (EP 8)

Market Maker Trap : False Breakouts

A. FalseBreakoutsAbovePriceConsolidations

1. ThisconditiongenerallymanifestsinPrimaryBearishMarkets
2. AtsomemeasureofEqinprice,themarketwillmoveintoatradingrange
3. Breakouttraderswillbracketthetradingrangeinpricewithorders
4. MarketMakerswilltypicallysendpriceabovetherangetoneutralizebuystops

B. FalseBreakoutsBelowPriceConsolidations
1. ThisconditiongenerallymanifestsinPrimaryBullishMarkets
2. AtsomemeasureofEqinprice,themarketwillmoveintoatradingrange
3. Breakouttraderswillbracketthetradingrangeinpricewithorders
4. MarketMakerswilltypicallysendpricebelowtherangetoneutralizesellstops

1. WhenSmartMoneyislong,theyhavetotakeprofitsathighsbecausetherearebuy
stops to fill orders.
2. WhenSmartMoneyisshort,theyhavetotakeprofitsatlowsbecausetherearesell
stops to fill orders.
3. Marketmakershavethejobtoprovideliquidity,themarketseeksliquidity,always
identifies untapped liquidity, otherwise you will be liquidated. Think like this, “if you had
control of price where would you drive price, where are buyers and sellers”, you know
they exist at old highs and lows.
4. Identifyhowthemarketmakersaregonnabookpricesthisday,thisweek,thismonth.

Measured Moves

Measured moves from consolidation, false breakout and

impulse swing.

There are measured moves in impulse swings.

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ICT Mentorship Core Content - Month 03 - Timeframe Selection & Defining Setups (EP 1)

Timeframe Selection and Defining Setups For Your Model

A. TimeframeSelection

1. MonthlyChart-LongTermTrading
2. WeeklyChart-SwingTrading
3. DailyChart-ShortTermTrading
4. 4HourorLess-DayTrading

B. DefiningSetupsForYourModel

1. TrendTrader:Tradingonlyinthedirectionofthemonthly&weeklychartdirection
2. Swing Trader: Trading the Daily Chart intermediate term price action
3. Contrarian Trader: Trading reversal pattern at market extremes
4. Short Term Trader: Trading the weekly ranges for 1-5 days in duration
5. DayTrader:Intradayswingtradingwithexitsintheday

Monthly Chart
● TheLongtermPriceActionreferenceforthelargestPriceActionSwingsintrading.
● Tradingsetupstakeagreatdealoftimetoformonthistimeframebutwhentheyunfold-
they tend to unfold over many months.
● Duetothelengthoftimethischartrequirestopresentasetup,tradinginthedirectionof
the most recent setup can yield low risk and high reward conditions.
● Swingscanbeseveralhundredpipsoveralongtimeperiod.

Example
- Break lower significantly re-
- traced into monthly OB
- bearish FVG in premium we
- took buyside dumped into
- sellside. entire setup takes
- 13 months The entry was 6
- months long.

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Weekly Chart - Same Example
● Theintermediatetermpriceactionreferencefortheintermediatepriceactionswingsi
trading
● Tradingsetupstakesometimetoformonthistimeframebutwhentheyunfoldtheytend
to unfold over many weeks.
● Duetothelengthoftimethischartrequirestopresentasetup,tradinginthedirectionof
the most recent setup can yield low risk and high reward conditions.
● Swingscanbeseveralhundredpipsoveralongtimeperiod.

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Daily Chart - Same Example
● TheshorttermPAreferencefortheshorttermpriceactionswingsintrading
● Tradingsetupstakealittletimetoformonthistimeframebutwhentheyunfold-they
tend to unfold over 1 - 3 weeks
● Duetothelengthoftimethischartrequirestopresentasetup,tradinginthedirectionof
the most recent setup can yield low risk and high reward conditions.
● Swingscanbe50-300hundredpips overashorttimeperiod.

You choose which you like 🙂

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ICT Mentorship Core Content - Month 03 - Institutional Order Flow (EP 2)

The body of the candles have the bulk of the volume, the wicks are for
extreme price delivery however the body represents institutional
order flow.

Discover where the HTF charts are going to seek liquidity, always note
the body of the candles.

Note the up close and downclose candles before an impulse price

move.

30
Note
- The liquidity on HTF and price seeking liquidity
- The institutional order flow (bearish and bullish)
- Orderblocks, liquidity voids, liquidity, breaker blocks.

Bearish Breaker Block (in chart)

high - low -higher high - lower low (anticipate retracement into the low)
Bullish Breaker Block (in chart)
low - high - lower low- higher high (anticipate retracement into the high)

ICT Mentorship Core Content - Month 03 - Institutional Sponsorship (ep3)

How To Identify Institutional Sponsorship in Setups

The impact of large institutions to fund the side of the marketplace you are looking to enter on.

A. Institutional Sponsorship in Long Setups

1HTF Displacement - Reversals, Expansion or Return to Fair Value
. Intermediate Term Imbalance in Price - Move to Discount or Sell Side Liquidity
2Run
3.Short Term Buy Liquidity Above The Market - Ideal for pairing long exits to sell to.
. Time of Day Influence ie. London Open Low Of Day or New York Low Formation
4
.
B. Institutional Sponsorship in Short Setups
1.HTF Displacement - Reversals, Expansion or Return to Fair Value

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 2. Intermediate Term Imbalance in Price - Move to Premium or Buy Side Liquidity
Run
3. Short Term Sell Liquidity Below The Market - Ideal for pairing short exits to buy
from.
4. Time of Day Influence ie. London Open High Of Day or New York High
Formation

Aggressive trades can drop on LTF and look for an entry, but you can also wait and look for
institutional sponsorship.

HTF Price Displacement = institutional sponsorship - breakdown where the sponsorship is (OB)

32
Note how the price returned to the OB + (institutional sponsorship) and then ruy buy stops and
are now bullish.

- Blue line = 00:00 (accumulation of longs - low of day London)

- Black lines are previous OB + -> sponsorship of longs until the objective is reached

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 ICT Mentorship Core Content - Month 03 - The Next Setup - Anticipatory Skill
Development (EP 4)

Identification of the Orderblock (monthly and weekly)

The Daily Chart

Note at the other order blocks on the daily time frame beneath the monthly / weekly

ICT Mentorship Core Content - Month 03 - Institutional Market Structure (EP 5)

Inside Price Action: Institutional Market Structure

A. WhatisInstitutionalMarketStructure?
1. The analysis of correlated assets or the relationship to inversely correlated
assets
2. Thepurposeistodeterminewhatthe“SmartMoney”isaccumulatingor
distributing
3. CurrenciesareeasytoanalyzewithinstitutionalmarketstructurewithUSDX

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 4. Everypriceswingshouldbestudiedtodetermineifmarketsymmetryconfirmsit

B. HowdoweidentifyMarketStructureinForex?
1. Compare every price swing in the USDX with the foreign currency you trade
2. AsUSDXtradeshigher,expectalowerpriceswinginforeigncurrencypairs 3.
IfUSDCoraforeigncurrencyfailstomovesymmetrically-SmartMoneyis
trading actively
4. AsUSDXtradeslower,expectahigherpriceswinginforeigncurrencypairs
5. IfUSDXoraforeigncurrencyfailstomovesymmetrically,smartmoneyistrading
actively

USDX SMT Divergence

In symmetrical market conditions

When the USDX makes a lower low; foreign currency makes a

higher high

This confirms price action and the underlying “trend” is likely to

continue.

The idea of stalking reversal patterns in this condition is NOT high

probability and should be avoided.

When the USDX makes a higher high; foreign currency makes a

lower low.

This confirms price action and the underlying “trend” is likely to

continue.

The idea of stalking reversal patterns in this condition is NOT high

probability and should be avoided.

35
In Non-Symmetrical Market Conditions;
When the USDX makes a lower low; Foreign currency fails to make higher
high - this is USDX SMT

This does not confirm current price action and the underlying “trend” is likely
not to continue

The idea of stalking reversal patterns in this condition IS HIGH probability and
could reasonably be considered

When the USDX fails to make a higher high; Foreign currency makes a lower
low - this is USDX SMT

This does not confirm current price action and the underlying “trend” is likely not
to continue

The idea of stalking reversal patterns in this condition IS HIGH probability and
could reasonably be considered

USDX SMT Divergence

GBP USD - Higher high
USDX - lower high
(non symmetrical market condition), USDX should make a lower low.

We see strength in USDX when we

should see weakness if GBP is
strong.

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Another Example of USDX SMT Divergence
USDX makes a higher low (shows strength) meaning foreign currency should show weakness,
however GBP/USD make a higher high.

That is USDX SMT Divergence.

ICT Mentorship Core Content - Month 03 - Macro Economic To Micro Technical (EP 6)

The Bond Market (30y)

● Every 3-4 months there is a quarterly shift of price ( all markets )
● The interest rates can help dictate where the long term market will go
● If interest rates go higher that will allow the dollar index to go higher
● If interest rates go higher the bond market goes lower
● If interests rates go lower the bond market goes higher
● They are inversely correlated so the inverse SMT Divergence applies
● If one is stronger, the other should be weaker, if the other is not weaker, this anticipates
a reversal and vice versa if one is weaker and the other is stronger, if it is not stronger,
this anticipates a reversal.
The 10 year and 30 year should move in tangent, so if there is SMT divergence can
● implicate a reversal.

ICT Mentorship Core Content - Month 03 - Market Maker Trap Trendline Phantoms (EP 7)

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Trendline Phantoms : False Trendlines

A. DiagonalTrendlineSupport

1. Themarketbeginstomakehigherhighsandhigherlows
2. Themarketappearstohaveimaginarydiagonallineitseemstorepelprice
higher from
3. Retailtraderswillextendtheseimaginarylinestothefutureandattributesupport
theories to it
4. When price hits the extended imaginary diagonal line connecting higher lows -
retail buys then.

B. DiagonalTrendlineResistance

1. Themarketbeginstomakelowerhighsandlowerlows
2. Themarketappearstohaveimaginarydiagonallineitseemstorepelpricelower
from
3. Retailtraderswillextendtheseimaginarylinestothefutureandattribute
resistance theories to it
4. When price hits the extended imaginary diagonal line connecting lower highs -
retail shorts then.

This has no basis

Every single chart is different, every single “trend
line” is different, price does not care about a
trend.

All that matters is liquidity.

38
ICT Mentorship Core Content - Month 03 - Market Maker Trap Head Shoulders Pattern (EP
8)

Head and Shoulders Pattern (false top in price)

Price will form these genuinely at intermediate or
long term highs.

Due to the low understanding of most retail traders

- they seek this classic topping pattern on LTF.

Many times at a significant low in price, but they

marry the pattern.

Inverted Head and Shoulders Pattern (false

bottom in price)
Price will form these genuinely at intermediate or
long term lows.

Due to the low understanding of most retail traders

- they seek this classic topping pattern on LTF.

Many times at a significant high in price, but they

marry the pattern.

Instead, you can look for turtlesoup on the neckline equal lows and pair orders at the buyside.

ICT Mentorship Core Content - Month 04 - Interest Rate Effects On Currency Trades (EP
1)
Interest Rate Effects on Currency Trades

A. Interest Rate EFfects on Currency Trades

1.
InterestRatesarethesinglemostinfluentialdrivingforcebehindmarketmoves.
2.
Understandinginterestrateshiftsandchangescanassistyouinselectedtrades.
management
3. TechnicalAnalysisofkeyinterestratescanunlockprofessionalmoney
4. InterestTriadsprovidea visualdepictionofSmartMoneyAccumulationand
Distribution

B. Interest Rate Triads

1. 30YearBond-keylongterminterestrate

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 2. 10YearNote-intermediateterminterestrate
3. 5YearNote-shortterminterestrate
4. Overlayingorcomparativeanalysisonthese3interestratesunlockspriceaction
5. Failure wings at opportunistic times can validate institutional order flow

What Smart Money Looks Like in Price

Interest Rate Triad

1. 30YearTBondMarket
2. 10YearNoteMArket
3. 5YearNoteMarket

Overlaying these three markets will highlight when accumulation and distribution in the interest
rate market takes places - from a smart money perspective

The three interest rates should confirm each higher high or lower low - at moments when the
USDX is at a significant price point.

Failure swings highlight smart money participation in the markets and trading opportunities are
validated.

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 ICT Mentorship Core Content - Month 04 - Reinforcing Liquidity Concepts & Price
Delivery (EP 2)

Reinforcing Liquidity Concepts and Price Delivery

A. ExternalRangeLiquidity
1. Thecurrenttradingrangewillhavebuysideliquidityabovetherangeorhigh
2. Thecurrenttradingrangewillhavesellsideliquiditybelowtherangeorlow
3. Runsonliquidity-seektopairorderwiththependingorderliquidity-liquidity
pools
4. Externalrangeliquidityrunscanbelowresistanceorhighresistanceinnature.

B. InternalRangeLiquidity
1. Whencurrenttradingrangeislikelytoremain-liquidityvoidswillfillin-GapRisk
2. Whencurrent tradingrangeislikelytoremain-FairValueGaps willfillin-Gap
Risk
3. Orderblocksinsidethetradingrangewillbepopulatedwithnewbuyandsell
orders
4. Market maker buy and sell models will form inside trading ranges

- YoucantradeIRLtoERLorERLtoIRL
- Alwaysnoteyourtradingrange,andtheIRLandERLinvolved.

ICT Mentorship Core Content - Month 04 - Orderblocks (EP 3)

Reinforcing Orderblock Theory (selecting and avoiding)

Bullish Orderblock
Definition

- Thelowestcandleorpricebarwithadownclosethathasthemostrangebetweenopen
to close and is near a support level.

Validation
- Whenthehighofthelowestdownclosecandleorpricebarisraidedthroughbyalater
formed candle or price bar.

Entry Technique
- WhenpricetradeshigherawayfromthebullishOBandthenreturnstothebullishOB
candle or prize bar high this is potential bullish entry

Defining Risk

41
- The low of the Bullish OB is the location of a relatively safe SL. Below 50% of the OB
should be not closed above and can trail your SL there after the price runs higher.

- OB + is validated
- Institutional sponsorship is present with the displacement
- You can send alerts to the high of the OB+ and enter when it retraces

- This trade is IRL to ERL (always dictate what you are aiming for and your risk)

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Liquidity Based Bias
1. Monthlychartbearish
2. Weeklychartbearish
3. Dailychartbearish

Intraday charts H4 or less will be correcting or retracing higher. This is where you
anticipate the market to enter a premium and seek BSL to sell too.

Protective buy stop raids or returns to bearish orderblocks or fair value gaps or filling a
liquidity void. Each offering a potential low resistance liquidity run - shorting for a target
under a recent low.

Liquidity Based Bias

1. Monthlychartbearish
2. Weeklychartbullish
3. Dailychartbullish

Intraday charts H4 or less will be correcting or retracing lower. This is where you
anticipate the market to enter a discount and seek SSL to buy from.

Protective sell stop raids or returns to bullish orderblocks or fair value gaps or filling a
liquidity void. Each offering a potential low resistance liquidity run - buying for a target
above a recent high.

(MONTHLY CHART)
1EQL Highs DOL
. Sell stops raided
2Discount in trading range
. Displacement above monthly bearish candle (use a solid large candle)
3 **price reached support level**
. New OB+ formed
4New OB+ traded too, respected and than DOL met
.
5
. 43
6
.
(WEEKLY CHART)

Refine monthly OB+ into weekly chart for better entry, refine more into daily and potential entry
on H4. Targeting daily objectives.

ICT Mentorship Core Content - Month 04 - Mitigation Blocks (EP 4)

Mitigation Block
- Failure swing paired with a market structure shift from a KEY LEVEL]

44
Your Focus is the last DOWN CANDLE. You short on the retracement.

Example
- High put in
- Failure swing
- Break of short term low
- Last downclose before or
causing the MSS.

45
 ICT Mentorship Core Content - Month 04 - Breaker Block (EP 5)

Bullish Breaker
● Lowerlowtorunstops
● MSS
● LasthighbeforeorcausingtheMSS

Bearish Breaker
● Higherhightorunstops
● MSS
● LastlowbeforeorcausingtheMSS

46
Bearish Breaker Block

In Major to Intermediate Term Uptrends

Is a bearish range or down close candle in the most recent swing low prior to an old high being
violated. The buyers that buy this low and later see this same swing low violated - will look to
mitigate the loss. When price returns back to the swing low - this is a bearish trade setup worth
considering.

47
Bullish Breaker Block

In Major to Intermediate Term Uptrends

Is a bullish range or up close candle in the most recent swing high prior to an old low being
violated. The sellers that sold this low and later see this same swing high violated - will look to
mitigate the loss. When price returns back to the swing high - this is a bullish trade setup worth
considering.

48
 ICT Mentorship Core Content - Month 04 - ICT Rejection Block (EP 6)

You can see significant price swings when anticipate for a new high or low to form to
show some level of rejection
- Turtle soup longs and sells

49
Bearish Run on Buy Side Liquidity (turtle soup sell)
Easy To See but can also be predicted, another example is the Rejection Block.

Ideal Set Up:

Rejection Block

In Major to Intermediate Term Downtrends

Bearish Rejection Block is when a price high has formed with long wicks on the high(s) of the
candlestick(s) and price reaches up above the body of the candle(s( to run buy side liquidity out
before price declines.

50
 This looks like a failure swing however we
closed above the previous highest candle
body.

We do not need to go higher at this point.

This range is a place we can sell from, treating it like a bearish orderblock.

51
Ideal Set Up:

Rejection Block

In Major to Intermediate Term Downtrends

Bullish Rejection Block is when a price low has formed with long wicks on the high(s) of the
candlestick(s) and price reaches up above the body of the candle(s) to run sell side liquidity
out before price rallies.

This range is a place we can sell from, treating it like a bearish orderblock.

ICT Mentorship Core Content - Month 04 - Reclaimed ICT Orderblock (EP 7)

Market Maker Buy Model

Market drops making a price swing level dropping into a HTF / ITF
support level:

- Oldhigh/oldlow
- FVG
- BullishOB+

52
Bullish Reclaimed Block
In Major to Intermediate Term Downtrends
Bullish reclaimed block is a candle that was
previously used to buy price and a short term
bounce confirms minor displacement, In the
buy side of the curve - these “old” blocks will
be reclaimed longs.

Bearish Reclaimed Block

In Major to Intermediate Term Downtrends
Bearish Reclaimed Block is a candle or
bar
that was previously used to sell price and a
minor
displacement.
short term On the sell confirms
decline side of the curve -
these “old” candles will be reclaimed shorts.

53
ICT Mentorship Core Content - Month 04 - Propulsion Block (EP 8)

Ideal Setup
In Major to Intermediate Term Uptrends
Bullish propulsion block is a candle that has
previously traded down into a bullish orderblock
and takes over the role of price support for
higher price movement.

Bearish Propulsion block is a candle that

previously traded up into a bearish orderblock
and takes over the role of price resistance for
lower price movement.

ICT Mentorship Core Content - Month 04 - Vacuum Block (EP 9)

Vacuum Block
Is a “gap” created in price action as a result of a
volatility event. The gap forms by a “vacuum” of
liquidity directly related to an event. NFP can
create a Vacuum Block or in futures a session
open can, like the new day opening gap.
This range can be anticipated as if there was a
candle there, “a vacuum block” that has a high and
low.

If it is filled 100%, it will be a perfect delivery of the

price.

If it stays open, it is a breakaway gap and you can

expect very bullish prices.

54
 ICT Mentorship Core Content - Month 04 - Liquidity Voids (EP 10)

LiquidityVoid
A range in price delivery where one side of the market liquidity is shown in long one sided
ranges or candles. Price will typically want to revisit this range or void of liquidity.

This is a void of buyside liquidity, very little

buying took place in that run down.

We can highly anticipate a move back into

that range.

ICT Mentorship Core Content - Month 04 - Liquidity Pools (EP 11)

Liquidity is the “open interest” of buyers and sellers in the market and can be further defined by
those entities at or near specific price levels.

Our job is to identify where the buy stops, sell stops and
limit orders are.

Buy discount, sell premium.

Sell premium buy discount.

Sell above old highs.

Buy below old lows.

55
Run On A Bullish Liquidity Pool

Definition
The low that is under the current market price action will typically have trailed sell stops under it
on long traders. Or sell stops for trades who wish to trade a breakout lower in price for a short
position.

Validation
When the low is violated or price moves below the recent low - the sell stops become market
orders to sell at market. This injects sell side liquidity into the market - typically paired with smart
money buyers.

Entry Techniques
When the underlying is bullish. Before price trades under the recent low - place a buy limit order
just below or at the recent low. You are buying the sell stops like a bank trader or any other
smart money entity would.

Defining Risk
The low you are buying under can see a swing of 10 to 20 pips in most cases. A 30 to 50 pip
stop loss is ideal if your entry is under the low and not above it - fearing a missed entry. So wait
for it to go below, enter 10-20 pips below it, and buy in with a stop loss 30-50 pips below the
initial low. If it goes lower than 25 pips likely it was not a run on stops, and there's a larger
decline.

56
Example

ICT Mentorship Core Content - Month 04 - ICT Fair Value Gaps FVG (EP 12)

FVG
A fair value gap is a range in price delivery where one side of the market liquidity is offered and
typically confirmed with a liquidity coid on the lower time frame charts in the same range of
price. Price can actually “gap“ to create a literal vacuum of trading this position on actual price
gap.

57
 After taking the Sell stops, it's likely to reach back
into that fair value gap.

ICT Mentorship Core Content - Month 04 - Divergence Phantoms (EP 13)

The indicator that dictates “strength and momentum” for example RSI, is also a market maker
trap. That's all that is important, no indicator matters.

ICT Mentorship Core Content - Month 04 - Double Bottom Double Top (EP 14)

Measured Moves
Running the EQL or EQH, usually seen as support or resistance from retail. If it gets broken,
breakout traders like to go long on EQH and short of EQL. This is how far we can expect it to go
before reversing. Measuring the high to low of EQH/EQL and doubling it.

58
 ICT Mentorship Core Content - Month 05 - Quarterly Shifts & IPDA Data Ranges (EP 1)

Long Term Analysis - Implementing Macro Market Analysis

The Quarterly Market Shift:

A. IPDA Data Ranges
● 3-4monthmajormarketshifts
● ALL SMT FORMULATED ON DAILY CHART

Smart Money Accumulation For Buy Programs

● ManipulationinUnderlying(whatyouaretrading) vsBenchmark(Correlated
asset)

● Benchmarkmakeslowerlow-underlyingmakeshigherlowmakeshigherlow)
- USDXmakeslowerlow-USDCHFmakeshigherlow,bullishfor
USDCHF.

● Underlyingmakeslowerlow-benchmarkmakeslowerhigh
- EURUSDmakeslowerlow-USDXmakeslowerhigh,bullishfor
EURUSD.

● Benchmarkmakeshigherhigh-underlyingmakeshigherlow
- USDXmakeshigherhigh-EURUSDmakeshigherlow,bullishfor
EURUSD

Smart Money Distribution for Sell Programs

● Manipulationinunderlyingvsbenchmark

● Benchmarkmakeshigherhigh--underlyingmakeslowerhigh
- USDXmakeshigherhigh-USDCHFmakeslowerhigh,bearishUSDCHF

● Underlyingmakeshigherhigh-benchmakeshigherlow
- EURUSDmakeshigherhigh-USDXmakeshigherlow,bearishEURUSD

● Benchmarkmakeslowerlow-underlyingmakeslowerhigh
- USDXmakeslowerlow-EURUSDmakeslowerhigh,bearishfor
EURUSD

Quarterly Shifts

A. TheLookBack(lookatthefirstdayofthepreviousmonth),placeaverticalline

- Look at the 60 trading days, 40 trading days, 20 trading days (not calendar days)
- The algorithm will reach back about 3 months back of data

59
 - Comparewhatthemarketwasdoing60daysago,40daysago,20daysago
- LookforRecentInstitutionalReferencePoints
● OldPriceHigh (rejectionblocks->longwickslookatbodies)
● OldPriceLow(rejectionblocks->longwickslookatbodies)
● BearishOrderblocks
● BullishOrderblocks
● FairValueGap
- Anchor Vertical Line to Previous Market Shift
- Look back left in time, determine if it was trading higher or lower in last 60 days, look for
ITH / ITL

60
Quarterly Shifts (daily chart)
● Keybreakinmarketstructure
● Theliquiditypoolrestsbelowprice
● Keymarketstructurebreak
● Anyretracementhigherisseenasaselling
opportunity
● Marketexpandslower ●
Retracesinnextquarter ●
Marketexpandslowertakingoutthelow ●
Thesamethinghappensafter,whenthe
market takes out that low but now on the
buyside of the curve.

This is the Look Back

The Look Forward

● Anticipatemarketshiftin20to60tradingdays ●
Castforward20dayswhenlastshiftwas40daysag ●
o ●
Castforward40dayswhenlastshiftwas20daysag ●
o Projected3monthquarterlyshift
ComparetheshiftwithSMTDivergencetoconfirm.

61
 ICT Mentorship Core Content - Month 05 - Open Float (EP 2)
Open Float
A. The current “open interest” above and below current market price
- Intheformofpendingbuy/sellorders
- Intheformofpendingbuystops/sellstops

62
 - These are placed at STH/STL , 3 month high/low, 6 month high/low, 12 month
high/low

ICT Mentorship Core Content - Month 05 - Using IPDA Data Ranges (EP 3)

63
Trying to figure out the last thing IPDA did
- You may have to go back 20-40-60 days
- Find the most obvious market structure shift
- Use look back and cast forward
- We are trying to mimic what the algorithm is doing. We are looking for fair value gaps
and liquidity in the last 60 days.
- Note the highest high and lowest low in the last 60 days, 40 days and 20 days.

64
ICT Mentorship Core Content - Month 05 - Defining Open Float Liquidity Pools (EP 4)

- Highest high and lowest low in last 20 - 40 - 60 days

- Are we making higher highs or lower lows from those points?
- This is the idea of using open float (liquidity pools) and quarterly shifts

65
 ICT Mentorship Core Content - Month 05 - Defining Institutional Swing Points (EP 5)

Defining Institutional Swing Points

1 Run on
. stops Failure
2 swing
. Breaker Block (most significant and most
powerful price pattern). Because it raids,
stops, and breaks market structure from a
key level (OBs, FVGs, Pools).

The market trades to a key level or just

short of it - but faults to immediately react-
indicating another run deeper before a
reversal

After the reversal - the opportunity is best

taken when the short term market
structure breaking point is retested.

First run on stops is an intermediate term

price wing is ideal - smart money will look
to unseat the aggressive trailing stops

Failure Swing
The market trades through a key level
initially but fails to immediately continue -
after rejecting the new price level - the
marker retraces only to attempt to stage
another drive to retest or overtake the
new price level

After the reversal the opportunity is best

taken when the initial key level is rested.
The second opportunity is after a market
structure shift breaking point is retested.

66
 ICT Mentorship Core Content - Month 05 - Using 10 Year Notes In HTF Analysis and
Qualifying Trade Conditions With 10 Year Yields (EP 6 & 7)

10YearNotesinHTFAnalysis(referringtothefuturescontract)
● Whentreasurypricesincreasetreasuryyieldsdecrease
● Whentreasurepricesdecreasetreasuresyieldincrease
- Largefundsseekyield
● USDXcanrallywhenyieldsincrease
● USDXcandeclinewhenyielddecrease
● UsethistolookforSMTDivergencetoconfirmtradeideas

ICT Mentorship Core Content - Month 05 - Interest Rate Differentials (EP 8)

Central Bank Interest Rates

The macro perspective has to begin with central bank interest rates. These rates are set to
stimulate or instigate inflation in a country's economy.

The long term macro concept is to look for a high with a low interest rate country. The respective
currencies - when couples as a forex pair - is “fundamentally” poised for strength in relative
terms against all others.

The reverse is said for low paires countries with high interest rates coupled with a high interest
rate country. These pairs would be viewed as “fundamentally” poised for weakness in relative
terms against all others.

This is as fundamental as you can get in terms of forex pair - interest rates.

Selecting a Pair for Trading (buying strength against a weaker currency)

1 Select a country with high interest rate
. Select a country with a low interest rate
2 Determine the forex pair couple trades.
. For example; Aus 1.5% vs US 0.75% [AUDUSD]
3
.
67
4. LookforstrongSupportonHTFcharts
5. WaitforSmartMoneycluesitisbeingbought
- Seasonaltendencyandoropeninterest
6. USDXdirectionalconfirmationqualifiesthesetup.

We trade the pair with the higher interest rate

In this cause AUD / USD

We also had a higher high in the USDX and

failed to make a lower low in the AUS/USD
(when it's supposed to be inversely correlated,
this shows strength in AUS).

A+ Setup.

68
Selecting a Pair for Trading (selling weakness against a stronger currency
1. Selectacountrywithlowinterestrate
2.
Selectacountrywithahighinterestrate
3. For example; US 0.75% vs. Japan -0.15% (USDJPY)
Determinetheforexpaircoupletrades.
4. LookforstrongResistanceonHTFcharts
5. WaitforSmartMoneycluesitisbeingsold
- Seasonaltendencyandoropeninterest
6. USDXdirectionalconfirmationqualifiesthesetup.

ICT Mentorship Core Content - Month 05 - How To Use Intermarket Analysis (EP 9)

1. WorldMarketsaredirectlylinkedtooneanother.
2. Understandingthemallcollectivelyaidsinanalysis.

Bonds and Interest Rate

- Bonds and stocks move together

Commodities
- Commodities move opposite to bond prices

Stock Market
- Stocks and bonds move together

Currencies
- Are influences by commodities

69
 ICT Mentorship Core Content - Month 05 - How To Use Bullish Seasonal Tendencies In
HTF Analysis (EP 10)

Bullish Seasonal in HTF Analysis

1 Seasonal tendencies are merely a proverbial “roadmap” of past performance
. They are not to viewed as a panacea or be all end concept
2
.
Example [ USDCAD ]

70
 ICT Mentorship Core Content - Month 05 - How To Use Bullish Seasonal Tendencies In
HTF Analysis / Ideal Seasonal Tendencies (EP 11 & 12)

Bearish Seasonals in HTF Analysis

1. FuturesorCommoditymarketsarenotthesameasforex.Theunderlyingcurrency
market may move in tandem in a forex pair or it may be inverted - based on the pairing
with another currency.

2. New zealand dollar for instance can be tracked in forex with NZDUSD pair. It is the first
currency in the pai’s name - thus is expected to move in tandem with the New Zealand
Dollar futures movement.

3. Seasonalscanprovidetradeconditionsthatmayalignyourtradinginthedirectionofthe
next quarterly shift or it may not. The following example in the Kiwi will highlight the
influences seasonal tendencies can create in bearish setups that lead to unique trade
frameworks or into quarterly bullish shifts after a tradeable drop in price.

If blue line and red line move together, the increase chance in seasonal tendency being
valid is higher, because asset price and future price is in tandem

Blue = 15 year of data -> look where the rallies / declines are (tradeable)
Red = 19 year of data -> look where the rallies / declines are (tradeable)
● Helpslongtermtrading

71
Comparing AUSUSD pair, futures contract and DXY. For long term trading when they all align is
a good confluence

.
ICT Mentorship Core Content - Month 05 - Money Management (EP 13)

Money Management & HTF Analysis:

1Account balance not important
. Not required to use majority of the equity
2 Limit allocation to only 30% of equity
. Determine max risk on 30% of equity.
3 Ideally set 1% risk as the most RISK per trade.
. Target 3:1 RR or higher setups.
4 Low risk high reward permits low accuracy.
. Low risk allows equity for more setups.
5
.
Money Management & Expectations:
61Focus on handsome annual % return
.. Remember a few long term setups form annually.
72 Learn to allow short term drawdown in profits.
.. Stop loss orders are not a measure of ability.
83200 pips risked for 600 pips is still a 3:1 ratio.
.. Do not look to move stop loss so soon,
4 Learn to exit at logical targets and reenter later.
. Long term is not to get rich quick but get rich steadily.
5
.
6
.
7 72
.
8
 ICT Mentorship Core Content - Month 05 - Defining HTF PDA (EP 14)

Price generally moves from some type of support level to some type of resistance level, in the
eyes of almost all traders, however that may be defined.

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 - Old high low above premium (wick)
- Rejection block (above candles body)

ICT Mentorship Core Content - Month 05 - Trade Conditions & Setup Progressions (EP
15)

You can even aim just for equilibrium. If you lose a level, you can expect the next.

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ICT Mentorship Core Content - Month 05 - Stop Entry Techniques For Long Term Traders
(EP 16)

Buying with Stop Orders

The monthly and or weekly should suggest institutional order flow will be seeking a PD array
above daily market price.
The daily should post a bearish candle. The daily chart muscle closes the candle with a down
close - it is not valid while the daily candle is trading or forming.

Buy Stop is placed at Bearish Candle Open.

Selling with Stop Orders

The monthly and or weekly should suggest institutional order flow will be seeking a PD array
below daily market price.

The daily should post a Bullish candle. The daily chart must close the candle with UP close- it is
not valid while the daily chart candle is trading or forming.

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 ICT Mentorship Core Content - Month 05 - Limit Order Entry Techniques For Long Term
Traders (EP 17)

Buying with Limit Orders:

● ThemonthlyandorweeklyshouldsuggestinstitutionalorderflowwillbeseekingaPD
array above daily market price.
● Thedailyshouldpostabearishcandle.Thedailychartmustclosethecandlewitha
DOWN close - it is not valid while the daily chart candle is trading or forming.
● Buylimitisplacedatbearishcandleclose.
● IdeallypairthiswithaPDA.
Selling with Limit Orders:

● The monthly and or weekly should suggest institutional order flow will be seeking a PD
array below daily market price.
● The daily should post a bullish candle. The daily chart must close the candle with a UP
close - it is not valid while the daily chart candle is trading or forming.
Sell limit is placed at the bullish candle close.
●
Ideally pair this with a PDA.
●

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 ICT Mentorship Core Content - Month 05 - Position Trade Management (EP 18)

Bullish Market Conditions

1 Anticipate potential bullish seasonal tendency
. Look for intermarket analysis confirmations
2 Refer to interest rate yield directions to confirm
. Consult HTF monthly and weekly charts for PDA
3 Expect a quarterly shift and intermediate wing
. Use daily PDA to frame your bullish setup.
4 Determine if you will enter by stop or limit.
. Trail stop loss below.
5
.
Bearish Market Conditions
61 Anticipate potential bearish seasonal tendency
.. Look for intermarket analysis confirmations
72 Refer to interest rate yield directions to confirm
.. Consult HTF monthly and weekly charts for PDA
83 Expect a quarterly shift and intermediate wing
.. Use daily PDA to frame your bearish setup.
4 Determine if you will enter by stop or limit.
. Trai stop loss above the highest high in the last 40 trading days.
5
.
ICT Mentorship Core Content - Month 06 - Ideal Swings Conditions For Any Market (EP 1)
6
. is Swing Trading
What
7 The discipline of trading predictable price movements in the market with high degree of
consistency
●
Buying in bullish conditions
. Selling in bearish conditions
8 Swing trading is a form of intermediate term trading with trade durations of 2 weeks or
longer
●
.
The●Goal of Swing Trading
●
● Capitalizeontheeffectsoftargetentitiesmovingintoamarketandcausingsignificant
displacement
● Rewardsareconsiderableduetopositiontime
● Tradeobjectivesof200to500pipsinmagnitude

Every Market Is Not Ideal for Setups

1 Avoid favorite markets in general for swing trading purposes
. Large moves every year rotate in and out of different markets
2 There is no standard swing trading market or pair
. Every 3 months there is a new opportunity forming for swing trading
3
.
4
.
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 5. Whatoncewasabigmoverwillnotalwaysbethenextbigmoverthistime…always
investigate

Market Profile Matters

● Marketmovesfromoneprofiletothenext-inalltimeframes
● Onmonthlyandweeklychartslookforthecurrentmarketprofileforyourmarketsof
study
● Avoidlacklustermarketswithnomovement
- Trendingmarket
- Consolidationmarket
- Reversalmarket

Trending Markets = Large Flows

- Look for trending markets
- Avoid consolidation markets
- Building a watchlist of markets with trending profiles on monthly and or weekly, this is
your high probability behind your setups. Look for markets that expanded away from
consolidation.

Be Willing to Err on the Direction

● Avoid the temptation to pick market tops and bottoms in price action
● It is far more likely to see the existing long term trending market profile to influence price
action over a long term reversal
● Focus on long term trends and the “market tide” will carry your trade to the winner’s
circle more often than not. Like the idea of closing above PMH, we likely will reach for
PMH again.

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ICT Mentorship Core Content - Month 06 - Elements To Successful Swing Trading (EP 2)

Successful Swing Trading Hallmarks

● ObvioustrendinHTFcharts
● CLEARinstitutionalorderflowonHTF
● Interestratemarketsupportsthetrade
● COTdataconfirms(canenhanceprobability)
● OpposingPDAobviousincharts(objectivemonthly-weekly-daily)
● SeasonalTendency(enhancesprobability)
● Supportingintermarketanalysis

Institutional Sponsorship
● Wearebuyingwhentherearesignsinrelativestrengthanalysistosupportthetrade
- ExamplebuyEURUSDonlowerlowandUSDXhigherhigh
● Wearesellingwheretherearesignsinrelativeweaknessanalysistosupportthetrade
- ExamplesellingUSDCHFonlowerhighandUSDXhigherhigh

Bank Accumulation and Distribution

● Are DOWN candles become support and seeing high prices
● Are the swing highs breaking and continuing

● Are up candles becoming resistance and seeing lower prices

● Are the swing lows breaking and continuing

Clear Price Action and Levels

● AboveorbelowthemarketpricethePDAareobviousandeasytoidentify
● Pricenottradedattherecentweeksormonthsleftinimbalancebasismonthlyand
weekly, this is a huge DOL. Ideally moving out of consolidation to this.
● Thecleanestpriceactionarethemostfavorablemarketstotradein.Lesschancefor
erroneous price action to distract or fool you. This will save so many losses.
● Ispricerespectinginstitutionallevels(bigfigures,roundnumbers)?

Rule Based Conceptual Methods

● Everytradeispassedthrougharulebasedfilteringprocess
● Therulesarestandardandstatictoeverytrade
● WedoNOTgivesetups,wedoNOTgiveexpectations
● Ifwepassallrulesandriskandequitymanagementpermitsit,wetakeit.

Probabilities Reward Diligence

● Limiting to 3:1 risk to reward means 34% accuracy is net profitable .
● Framing 5:1 risk to reward trades increase odds of profitability
● The setups that have the most movement potential offer the better R ratio

79
ICT HOMEWORK - Mock Trading Plan
1. Outlinewhatyouwouldlookforinitiallyforopportunities
2. Whatwouldyouidentifyasatradesetupforavalidswingtrade?
3. Howwouldyoudetermineprofitobjectives?
4. Howwouldyouframeyourriskmanagement?
5. Whatwouldyoufilterprocessesconsistof?
- Episode3willaddresstheseandpresentamodelforcontrast.Donotpasson
this exercise, put it in paper form and if you are willing, test it.

ICT Homework
1. Determinetrendingmarketthatexpandedfromaconsolidation(dailyorweekly)
2. Institutionalorderflowmustconfirmthetradeidea.
3. Intermarketanalysismustconfirmthetradeidea.
4. Identifytheequilibriumoftheoriginalconsolidation.
5. Identifythelastup/downclosecandlebeforetheexpansion.
6. Focusonthatpriceactionontheweekly.
7. Identifyadailyorderblocktoenteronthehighof.
8. Enteratthehigh/lowofdailyOBandstoplossattheloworaswinglow.
9. Theordermustbeabove/belowweeklyopen.
10. Aim for a high/low at 3R, with potential targets up to 5R.

ICT Mentorship Core Content - Month 06 - Classic Swing Trading Approach (EP 3)

The PD Array Matrix

When defining market conditions we think in terms of where the price can reach for (DOL). Both
in a rally and in a decline. This is the foundation to determining likely market conditions.
The PDA that have been traded to or executed on most recently indicated the opposite PD array
spectrum will be reached for.

If discount arrays have provided support - probabilities increase that the premium arrays will be
sought above the market price

If premium arrays have provided resistance for price - probability increase that discount array
will be sought below market price.

The Order in which you look for PD Array from Market Price.
- You will look at the monthly , weekly , daily and 4 hour the same way in this outline
below determining the PD Array Matrix
- Look for which side of market price has recently showed displacement (massive push by
smart money)

80
Swing Trading Shorting Opportunities
1. Monthlychartsellprogram(marketmovesawayfromresistancelevel)
2. Weeklychartsellprogram
3. Dailychartsellprogram
4. 4hoursellprogram(executabletimeframe)
You want all aspects of time to be in alignment seeking discount arrays.

Swing Trading Buy Opportunities

1. Monthlychartbuyprogram(marketmovesawayfromresistancelevel)
2. Weekly chart buy program
3. Dailychartbuyprogram
4. 4hourbuyprogram(executabletimeframe)
You want all aspects of time to be in alignment seeking premium arrays.

81
The General Concept

The Market is Poised to Trade Higher on HTF

1 Seasonal Tendency
. Interest Rate Driven
2 Commitment of Traders
. Intermarket Analysis Supports Bullishness
3
. ● Marketrallieshigherthanretraces
4
.
● Marketexpandsuptohigherhighs

The Swing Trade Procedure

1. Determine the 9 to 18 monthly market profile on the monthly and weekly
- Lookforconsolidationorexpansion(ifitconsolidationwaitforittoexpand)
2. DeterminingtheMonthlyPDArrays-refertoactivediscountarrays
3. Ifmonthlydiscountarrayissupportingpricedeterminethepremiumarrays
4. IfmonthlydiscountArrayisactive-Movetoweeklychart
5. DetermineweeklyPDArrays-refertotheactivediscountarrays
6. Ifweeklydiscountarrayissupportingpricedeterminethepremiumarrays
7. IfweeklydiscountArrayisactive-Movetodaily chart
8. Determinedaily PDArrays-refertotheactivediscountarrays
9. IfdailydiscountArrayisactive-Moveto4hchart
10. Determine 4 hour discount arrays - refer to active discount arrays

82
 11. Buy all 4 hour discount arrays and scale out at daily, weekly and monthly premium
arrays.
- Oldlows(turtlesoup)
- Rejectionblock(wicksaboveoldlows)
- Bullishorderblocks
- Bullishfairvaluegaps
- Liquidityvoids
- Bullishbreaker
- Bullishmitigation
12. Look to trade setups that offer at least 3 times the range between your entry and the
closest premium array on all time frames. Take profits and leave runners along the way.

Setup Failure Protocol

1. Ifthebuysetuponthe4hourdiscountarrayfailsandtraderesultsinaloss-lookfora
lower priced 4 hour discount array to buy at
2. Ifthe4hcharthasnomorediscountsarraystobuyat-refertothedaily-weekly-
monthly discount arrays to buy at below price
3. Atthelowerdiscountarray-buywith50%ofthepositionsizetheinitialor previous
failed trade utilized
4. Donottrytowinallthelostequitybackinsubsequenttrade
5. Alwaysconfirmlowertimeframe4hourpremiumarraysgivewayorfailaspricemoves
in your favor - and new discount arrays support price as it moves towards the premium
arrays on the HTF charts.

The Swing Trade Expansion

83
Note the smaller time frame (Monthly - weekly - daily - 4h)
- Smaller impulse swing retracement expansion
- This is a buy program

The General Concept

Market is Poised to Trade Lower on LTF

1. SeasonalTendency
2. InterestRateDriven
3. CommitmentofTraders
4. IntermarketAnalysis
Supports Bullishness

Market declines lower than

retraces

Market declines lower to lower

lows

84
The Swing Trade Procedure
1. Determine the 9 to 18 monthly market profile on the monthly and weekly
- Lookforconsolidationorexpansion(ifitconsolidationwaitforittoexpand)
2. DeterminingtheMonthlyPDArrays-refertoactivepremiumarrays
3. Ifmonthlypremium arrayissupportingpricedeterminethediscount arrays
4. IfmonthlypremiumArrayisactive-Movetoweeklychart
5. DetermineweeklyPDArrays-refertotheactivepremium arrays
6. Ifweeklypremiumarrayissupportingpricedeterminethediscountarrays
7. IfweeklypremiumArrayisactive-Movetodailychart
8. Determinedaily PDArrays-refertotheactivepremiumarrays
9. Ifdailypremium Arrayisactive-Moveto4hchart
10. Determine 4 hour premium arrays - refer to active premium arrays
11. Sell all 4 hour premium arrays and scale out at daily, weekly, and monthly discount
arrays.
12. Look to trade setups that offer at least 3 times the range between your entry and the
closest discount array on all time frames. Take profits and leave runners along the way.

Setup Failure Protocol

1. Ifthesell setuponthe4hourpremiumarrayfailsandtraderesultsinaloss-lookfora
higher priced 4 hour premium array to buy at
2. Ifthe4hcharthasnomorepremiumarraystosell at-refertothedaily-weekly-
monthly premium arrays to sell at above price
3. Atthehigherpremiumarray-sell with50%ofthepositionsizetheinitialorprevious
failed trade utilized
4. Donottrytowinallthelostequitybackinsubsequenttrade
5. Alwaysconfirmhighertimeframe4hourdiscount arraysgivewayorfailaspricemoves
in your favor - and new premium arrays resist price as it moves towards the discount
arrays on the HTF charts.

ICT Mentorship Core Content - Month 06 - High Probability Swing Trade Setups In Bull
Markets (EP 4)

Bullish MWD Sequential

Monthly bullish - > weekly bullish -> daily bullish

Monthly - discount array has shown to induce buying as evidenced by price moving higher.
Weekly - discount array has shown to induce buying as evidenced by price moving higher.
Daily - discount array has shown to induce buying as evidenced by price moving higher.

Buy H4 Discount Arrays

85
Bullish MWD Sequential
Monthly bullish - > weekly bullish -> daily bearish

● Buy daily bullish arrays at or “nested” in weekly

● Buy 4 hour bullish discount arrays daily and or “nested” in weekly bullish discounts
arrays.
● avoid buying daily discount arrays if daily has just posted a higher high and rejected - as
a bearish breaker.

Bullish MWD Sequential

Monthly bullish - > weekly bullish -> daily bearish

● Buy daily bullish arrays at or “nested” in monthly discount arrays

● Buy 4 hour bullish discounts arrays at weekly and or “nested” in monthly bullish discount
arrays
● Avoid buying weekly discount arrays if weekly has just posted a higher high and rejected
- as a bearish breaker.

ICT Mentorship Core Content - Month 06 - High Probability Swing Trade Setups In Bear
Markets (EP 5)

The PD Array Matrix

When defining market conditions we think in terms of where the price can reach for (DOL). Both
in a rally and in a decline. This is the foundation to determining likely market conditions..
The PDA that have been traded to or executed on most recently indicated the opposite PD array
spectrum will be reached for.

If discount arrays have provided support - probabilities increase that the premium arrays will be
sought above the market price

If premium arrays have provided resistance for price - probability increase that discount array
will be sought below market price.

86
Bullish MWD Sequential
Monthly bullish - > weekly bullish -> daily bullish

Monthly - premium array has shown to induce buying as evidenced by price moving higher.
Weekly - premium array has shown to induce buying as evidenced by price moving higher.
Daily - premium array has shown to induce buying as evidenced by price moving higher.

1. Oldhigh/low
2. Rejectionblock
3. Bearishorderblock
4. Fairvaluegap
5. Liquidityvoid
6. Bearishbreaker
7. Bearishmitigation

Sell H4 premium arrays

Bullish MWD Sequential

Monthly bullish - > weekly bullish -> daily bullish

● Sell dailybullisharraysator“nested”inweeklypremiumarrays
● Sell4hourbearishpremiumarraysdailyandor“nested”inweeklybearishpremium
arrays.
● avoidsellingdailypremiumarraysifdailyhasjustpostedalowerlowerandrejected-
bullish breaker

Bullish MWD Sequential

Monthly bullish - > weekly bullish -> daily bullish

● Sellalldailybearishpremiumarraysatornestedinmonthlypremiumarrays
● Sell4hourbearishpremiumarrayweweeklyandornestedinmonthlybearishpremium
arrays
● Avoidingsellingweeklypremiumarraysifweeklyhasjustposedalowerlowand
rejected - bullish breaker

87
Monthly

Weekly

88
Daily

ICT Mentorship Core Content - Month 06 - Reducing Risk & Maximizing Potential Reward
In Swing Setups (EP 6)

Reducing Risk
1. Behindwithknowingyourmaximumriskpertradesetup
2. Youshouldnotallowhighrisk%pertrade(Gambling)
3. Professionalslooktoframesetupswithlow-riskhighreward.
4. WithswingtradesONLYframesonmonthlyorweeklylevelsideally.
5. HTFPDArraysand4hourentriespermittighterstops.
6. Usenothinglessthan3:1Rratioconditions
7. Leverageistheholygrailintrading,controlitnotmaxit.

Maximizing Reward
1. KeyisonlytradeonHTFmonthlyandweeklylevels
2. Timing4hourentriesonHTFlevelsoffersmaximumRmultiples
3. HTFlevelsthatofferarangesof200-500pipscanyieldupto10Rwins
4. Remembertherearetypically1-2swingtradesper4-6weeks
5. Considerleveragesof3:1and10Rsetupscanyield15%
6. Managedfundswith1.5%riskand3:1leverageusing50pipsstops
7. Focusingon6swingsperyearalonethatoffer10Rcandoableequity.

89
90
 ICT Mentorship Core Content - Month 06 - Keys To Selecting Markets That Will Move
Explosively (EP 7)

Hallmarks to Explosive Swing Trades:

1. Majormarketanalysisonesided-trendingprofiles
2. Intermediateanalysisconfluences
3. COThedgingprogramalignment
4. Openinterest
5. Seasonaltendency
6. Volatilityfilterconfirmscontraction
7. Majornewsheadlines
8. Marketsentiment

Intermediate analysis confluences

COT Hedging Program Alignment

91
Seasonal Tendency

Major News Headlines

Market Sentiment

ICT Mentorship Core Content - Month 06 - The Million Dollar Swing Setup (EP 8)

The Million Dollar Swing Setup

1. SeasonalTendency
2. MajorMarketAnalysis
3. IntermarketAnalysis
4. TopDownAnalysis
5. TradeSetup
6. TradeManagement

92
Step1 - Seasonal Tendency
Is there a seasonal tendency to buy?
IF YES… then proceed to major market analysis process
IF NO … consider another asset or market that does

- Waitforaseasonaltendency

Step2 - Major Market Analysis

Are the interest rate markets and or currency markets [USDX] trending?

If YES… then proceed to the commodity and stock filter process

IF NO… then consider short term or day trades for now. Wait for swing trading conditions.
Are the commodity & stock market trending?

IF YES… then proceed to the intermarket analysis process

IF NO… then consider short term or day trades for now. Wait for swing trade conditions.

Step3 - Intermarket Analysis

COT Hedging Program: are commercials buying or selling currently?
For foreign currency or metal bullish swing trade setups-

IF BUYING… then proceed to the correlation analysis process

IF SELLING… then consider short term or day trades for now. Wait for swing trade conditions.

Correlation Analysis Process: Is the USDX supporting bearish price action for US dollar

IF YES… then proceed to the commodity filter process

IF NO… then consider short term or day trades for now. Wait for swing trade conditions.

Commodity Filter Process: Are commodities rallying higher, breaking old highs/rejection lows?

IF YES… then proceed to the open interest filter process

IF NO… then consider short term or day trades for now. Wait for swing trading conditions.

Open Interest Filter Process: Is Open interest dropping 10-15% or more (short covering)
IF YES… then proceed to the top down analysis process
IF NO… then consider short term or day trades for now. Wait for trading conditions.

Step 4 - Top Down Analysis

1Note 9-18 month history
. Identify all PD arrays on Monthly - weekly - daily - 4 hour and transpose to h4
2Note IPAD Data Ranges on the daily chart 20-60 days back from today.
.
3
.
93
 4. If all the IPDA data ranges are exhausted or traded for the 20 day lookback - move out
to 40 and 60 day lookback
5. Look for IPDA data ranges and PD arrays to converge with one another to determine
high probability institutional order flow and levels
6. Based on the bullish or bearish stance or premise you are trading - focus on the
respective PD arrays for trade setups.
- Ifbullish-focusonmonthly-weekly-dailydiscountarraystoframelongs
- Ifbearish-focusonmonthly-weekly-dailypremiumarraystoframeshorts
-
Step 5 - Trade Setup

Buy Setup
1.Note all monthly and weekly discount arrays, the best odds are seen with these levels
offering an explosive really.
2Confirm a MWD Discount Array Entry with USDX weaknesses for SMT divergence
. If USDX confirms bearishness while trading at a discount array on currency … execute
3
. Trade Entry
1. If buying a bullish breaker or mitigation block - ideal entry technique is buying on
a stop
2. IfbuyingabullishliquidityvoidorFVG-idealentrytechniqueisbuyingonastop
3. If buying a bullish orderblock, rejection block or below an old low - ideal entry
technique is buying on a limit
- Usepositiontradingentrytechniqueforlimitandstoporders

Trade Management
1. LookforcontraryMWDpremiumarraystoreachforwhilelongif
applicable look for fib extension confluences with premium arrays.
2. Leavestoplossforinitialplacementuntilpricehasmoved⅓ofintended
direction
3. Iftrademoves¼ofintendedobjective,takeoff20-30%
4. MoveprotectiveSLtoBEafter1stprofit
5. Whentrademovesto50%ofintendobjective,lookfornewbuystoadd
back the ¼ taken off (AFTER short term decline)
6. Takefullpositionoffattheintendedpremiumarrayor75%andtrailstop
loss below the most recent h4 low.
7. Bemindfulofthemarketcanandwilllikelymakearunforsellstopsator
just above 50% of the range you hold through. Don't rush to a trailing
stop.
8. If stopped out - reconsider original trade, if valid - reenter at new MWD
discount array.

94
Sell Setup
1.Note ALL monthly and weekly premium arrays. The best odds are seen with these levels
offering an explosive rally.
2.Confirm a MWD discounts array entry [ resistance ] with USDX strength for SMT
divergence.
3. If USDX confirms bullishness while trading at the premium array on your currency of
trade… execute.

Trade Entry
1. Ifshortingabearishbreakerormitigationblock-idealentryissellingonastop
2. Ifshortingabearishliquidityvoidorfairvaluegap-idealentryissellingonastop
3. Ifshortingabearishorderblock,rejectionblockoraboveanoldhigh-ideal
entry is selling on a limit

Trade Management
1. LookforcontraryMWDdiscountarraystoreachforwhileshortif
applicable look for fib extension confluences with discount arrays arrays.
2. Leavestoplossforinitialplacementuntilpricehasmoved⅓ofintended
direction
3. Iftrademoves¼ofintendedobjective,takeoff20-30%
4. MoveprotectiveSLtoBEafter1stprofit
5. Whentrademovesto50%ofintendobjective,lookfornewbuystoadd
back the ¼ taken off (AFTER short term decline)
6. Takefullpositionoffattheintendeddiscountarrayor75%andtrailstop
loss below the most recent h4 high.
7. Bemindfulthemarketcanandwilllikelymakearunforbuystopsator
just above 50% of the range you hold through. Don't rush to a trailing
stop.
8. If stopped out - reconsider original trade, if valid - reenter at new MWD
premium array.

ICT Mentorship Core Content - Month 07 - Short Term Trading Using Monthly & Weekly
Ranges (EP 1)

Short Term Trading

1. Thepracticeoftradingadurationofoneweektofewdays 2.
Usingbothmonthlyandweeklychartstoframethesetups 3.
Wetradeinthedirectionofthepresentornextweeksrange 4.
Understandingoftheweeklyrangeisessential 5.
Theshorttermmodelcanbebothtrendorrangebased 6.
Tradesthatarecleartoseeformingarethegoal-notforced 7.
Shorttermtradingisthehighestprobabilitydiscipline 8.
Frequentsetupsandconsistencyprovidesaplethoraoftrades

95
PD Array Matrix

If discount arrays provide support for price - > premium arrays sought
If premium arrays provide resistance for price -> discount arrays sought

HTF Sequence (monthly to h1)

HTF

Sequence (weekly to h1)

96
The General Concept

Market is posed to trade higher on HTF

1 Seasonal tendency
. Interest rate driven
2 Commitment of traders
. Intermarket analysis
3 - Marketrallieshigherthanretracesmondaytowednesday
. - Marketexpandsuptohigherhighs
4
.

97
Monthly Ranges
● PriceisfractalandHTFanalysisbenefitsusasaresult
● Wenotethehighandlowoneverymonthlycandle
● Notethepresentrangeintermsofpremiumanddiscount
● Considerwherethepriceonthemonthlycoulddrawto
● Thereisgenerally4weeklycandlesineverymonthlycandle
● Eachweekwestudywherethemonthlywilllikelytradenext
● Usingmonthlyrangesweframetradesontheweeklyranges

98
Weekly Ranges
● Priceisfractalandmonthlyanalysisbuildsontheweekly
● Wenotethehighandlowoneveryweeklycandle
● Notethepresetrangeintermsofpremiumordiscount
● Considerwheretheweeklywilorcoulddrawto
● Thereisgenerally5dailycandlesineveryweeklycandle
● Eachweekwestudyhowtheweeklytradesinmonthlyrange
● Usingweeklyrangesweframetradesonthedailychart.

Monthly Chart
- Range
- Premium array
- Discount array

99
Weekly Chart

Daily Chart

100
Monday - Wednesday, if we break above the high or low intra-week, we are very aggressive,
bullish or bearish.

ICT Mentorship Core Content - Month 07 - Short Term Trading Defining Weekly Range
Profiles (EP 2)

Weekly Range Profiles

1.a Classic Tuesday Low of Week

Profile
- bullish
Manipulation:
- hovers above a HTF Discount Array Monday then drops into the HTF Discount
Array on Tuesday to form the Low of the Week, odds are Tuesday will drop lower
London or NY Session.

101
1.b Classic Tuesday High of Week
Profile
- bearish
Manipulation:
- hovers above a HTF Premium Array Monday then rises into the HTF Premium
Array on Tuesday to high he Low of the Week odds are Tuesday will drive higher
London or NY Session.

2a. Wednesday Low of Week

Profile
- bullish
Manipulation:
- Hovers above a HTF discount array monday and tuesday then drops into the
HTF discounts array on wednesday to form the low of the week.
How to Anticipate
- Know the HTF discounts arrays and when the market fails to drop into that array-
odds are Wednesday will likely see the drive lower Wednesday London or NY
session. Monday and Tuesday can be down days as well and form this profile.

102
2b. Wednesday High of Week
Profile
- bearish
Manipulation:
- Hovers below a HTF premium array monday and tuesday then rises into the HTF
premium array on wednesday to form the high of the week.
How to Anticipate
- Know the HTF premium arrays and when the market fails to rise into that array-
odds are Wednesday will likely see the drive higher on Wednesday London or
NY session. Monday and Tuesday can be up days as well and form this profile.

3a. Consolidation Thursday Reversal

Profile
- Bullish
Manipulation
- Consolidates monday through wednesday then runs intra-week low and rejects it
forming a market reversal
How to Anticipate
- Know the discount arrays and when the market fails to drop into that array- odds
are Tuesday will likely see the drive lower on a market driver news or rate
release late NY session around 2:00pm EST.

3b. Consolidation Thursday Reversal

Profile
- Bearish
Manipulation
- Consolidates monday through wednesday then runs intra-week high and rejects
it forming a market reversal

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 How to Anticipate
- Know the premium arrays and when the market fails to rise into that array- odds
are Tuesday will likely see the drive higher on a market driver news or rate
release late NY session around 2:00pm EST.

4a. Consolidation Midweek Reversal

Profile
- Bullish
Manipulation
- Consolidates Monday through Wednesday then runs the intra-week high and
expands higher into Friday
How to Anticipate
- When the market is bullish and has yet to run to the premium array on the HTF
and it has recently rallied from a discount array and simply paused without any
bearish reversal price action. Indicating price is about to expand higher for the
premium array.

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4b. Consolidation Midweek Reversal
Profile
- Bearish
Manipulation
- Consolidates Monday through Wednesday then runs the intra-week low and
declines lower into Friday
How to Anticipate
- When the market is bearish and has yet to run to the discount array on the HTF
and it has recently declined from a premium array and simply paused without any
bullish reversal price action. Indicating price is about to decline lower for the
discount array.

5a. Seek and Destroy Bullish Friday

Profile
- Neutraltolowprobability
Manipulation
- Consolidatesmondaytothursday-runningshallowstopsunderandabovethe
intra week highs and lows- then runs the intra week high and expands higher into
friday.
How to Anticipate
- WhenthemarketisawaitinginterestrateannouncementorNFPcancreatethis
profile in the summer months of July and August. Better to avoid trading these
conditions.

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5b. Seek and Destroy Bearish Friday
Profile
- Neutraltolowprobability
Manipulation
- Consolidatesmondaytothursday-runningshallowstopsaboveandunderthe
intra week highs and lows- then runs the intra week high and declines lower into
friday.
How to Anticipate
- WhenthemarketisawaitinginterestrateannouncementorNFPcancreatethis
profile in the summer months of July and August. Better to avoid trading these
conditions.

6a. Wednesday Weekly Reversal

Profile
- Bullish
Manipulation
- Consolidates Monday and Tuesday - drives lower into HTF Discount array to
induce sell stops than strongly reverses
How to Anticipate
- When the market is trading at a long term or intermediate term low - price will pair
institutional buying with pending sell side liquidity (stop raid)

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6b. Wednesday Weekly Reversal
Profile
- Bearish
Manipulation
- Consolidates Monday and Tuesday - drives higher into premium array to induce
buy stops than strongly reverses
How to Anticipate
- When the market is trading at a long term or intermediate term high - price will
pair institutional selling with pending buy side liquidity (stop raid)

ICT Mentorship Core Content - Month 07 - Short Term Trading Market Maker Manipulation
Templates (EP 3)

1.Classic Tuesday Low / High of Week

107
2.Wednesday Low / High of week

3.Consolidation Thursday Reversal

4.Consolidation Midweek Rally / Decline

108
5.Seek and Destroy Friday

6.Wednesday Weekly Reversal

ICT Mentorship Core Content - Month 07 - Short Term Trading Blending IPDA Data
Ranges & PD Arrays (EP 4)

Time and Price

109
Example - Time (20 - 40 - 60 Day Lookback)

ICT Mentorship Core Content - Month 07 - Short Term Trading Low Resistance Liquidity
Runs Part 1 (EP 5 & 6)

Define a market by:

1 Trending (expansion, retracement, reversal)
. Consolidating (range bound)
2
.
One Shot One Kill Intro - Short Term Trading Model

Step 1 - Time

110
Step 2 - Range

Step 3 - EQ

Step 4 - Premium and Discount

111
Step 5 - 50% of Upper Range

Step 6 - 50% of Lower Range

Step 7 - MWD PD Array Matrix

112
Step 8 - PD Ranges Inside PD Ranges

One Shot One Kill - 4 Hour Chart

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 ICT Mentorship Core Content - Month 07 - Intraweek Market Reversals & Overlapping
Models (EP 7)

ICT Mentorship Core Content - Month 07 - One Shot One Kill Model (EP 8)

One Shot One Kill Setups Require Knowledge Of:

1. Knowingmacroconditionsandallmonthonceconcepts
2. IPDAdatarangesandPDArrayMatrixconcepts
3. Positiontradingmodelconcepts
4. Swingtradingmodelconcepts
5. Shorttermtradingconcepts
6. PO3appliedtoweeklycandle/range
7. Intradayconceptsfromdaytradingmodel
8. Dayofweekconcept(highorlowformsmon-wed70%oftime)
9. Fibonacci for targeting and understanding correct price points
10. Time of day / ICT Killzones for entries on OSOK setups
11. Seasonal tendencies
12. COT Analysis and commercial hedging programs

OSOK Trade Procedure

1 Determine current or potential next quarterly shift Identify
. HTF PD Arrays in the IPDA Data Ranges Refer to the interest
2 rate differentials and market profile of rates Scout seasonals
. throughout calendar year that offer odds
3
.
4
114
.
 5. SwinganalysisonthepriceactiononHTFdownto60minute
6. Anticipatspecificweeklyprofilethatmayunfold
7. Prepareformarketmakersmanipulationrespectivetoprofile
8. Determinepremiumanddiscountranges
9. Waitforvolatilitytosignalahighoddsoflargeranges
10. Refer to COT and open interest to confirm smart money action
11. Frame a LRLR with opposing PD arrays.
12. Use fib’s converging with opposing PD arrays and time and price
13. Confirm trade setup with intermarket analysis

ICT Mentorship Core Content - Month 08 - Essentials To ICT Daytrading (EP 1)

Essentials to Day Trading

Opportunities for Day Trading

● Aimtocaptureonthemovementexistinginasingleday ●
Notalldaysareidealfordaytrading ●
Generallytherearetwosetupspertradingonaverage ●
Thedailyrangeisthegoalforthedaytrade ●
Typicallythedailyrangewillbeclosetothe5dayADR. ●
DirectionalbiasframesalargeportionofALLdaytradesetups ●
Theidealscenarioistodaytradeinthedirectionoftheweeklytimeframe. ●
MoreHTFideasyoucanfindtosupportthedaytradethebetter ●
Daytradespermitthetradertolimitthestoplossonalltrades. ●
Itisimportantnottotakemanydaytradesinasingle24hourday ●
IPADdatarangescombinedwithPDArraysarethefoundation ●
FOMCandNFPdayskeepusonthesidelines-nolivesetups

What Frames The Daily Setups

1. HTFInstitutionalOrderFlow(MWDPDArrayinlast20-40-60days)
2. IPDAseekingnewlevelsinpriceforliquidity
3. Weeklychartcurrentcandledirection(forecastingweeklycandle)
4. Dayofweek
5. Timeofday
6. Volatilityexpansionorlargedailyranges

Time of Day
1 London Session (sometimes tradeable)
. NY Session (best)
2Asia Session (hard trading conditions)
. Lunch Session (hard trading conditions)
3
Day. of Week
41.Sunday - opt out daily range is too small
.

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 2. Monday-usuallyasmallrangetypically
3. Tuesday-usuallyagooddaytodaytrade
4. Wednesday-usuallyidealdaytodaytrade
5. Thursday-generallyideal-canreverse
6. Friday-typicallysmallrangeclosingaweek(fridaycanhavealargemoveifobjective
not reached)

Weekly Range Framework

Sunday
- Determines the new trading week opening price. This will aid us intra-week with day
trade directional bias to work with.
- Note this sunday open through your 60 minute chart up to Thursday
- Sunday opening price filter: we look for price to trade above this level early in the week
during bearish weekly directional bias, and above it for bullish weekly directional bias.

Key Point Large Range Expansion

- Weekly range candles that are large have the opening price and closing price at
opposite ends to the candlestick range.

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 ICT Mentorship Core Content - Month 08 - Defining The Daily Range (EP 2)

Defining the Daily Range

The Retail 24 Hour Trading Day

- The IPDA 24 hour trading day is very different
- We have to view the market in the same manner is IPDA

ICT Asia Killzone (forex)

- Starts 8:00pm EST
- Ends 12:00 EST

ICT London Killzone (forex)

- Starts 1:00am EST
- Ends 5:00am EST

ICT NY Killzone (forex)

- Starts 7:00am EST
- Starts 10:00am EST

IPDA True Day (all markets)

- Everyday at 12:00am EST begins the IPDA true day
- Everyday at 3:00pm EST ends IPDA true day

ICT Mentorship Core Content - Month 08 - Central Bank Dealers Range and Projecting
LOD and HOD (EP 3 & 4)

CBDR
● The time period between 2:00pm and 8:00pm New York Time
● The ideal range is less than 40 pips - preferably 20-30 pips total

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● Directionalbiasistobeusedinconjunctionwithprojection
● TheCBDRstrengthisaidingwithLODorHODselection
● Therangeinpipscanbecalibratedbetweenthehighandlow
● Alternativelytherangeinhighestbodyandlowestbodyaswell
● Directionalbiasistobeusedinconjunctionwithprojections
● TheCBDRstrengthisaidingwithLODorHODselection

ICT Mentorship Core Content - Month 08 - Projecting Daily Highs & Lows (EP 4)

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 ICT Mentorship Core Content - Month 08 - Intraday Profiles (EP 5)

Intraday Market Profiles

1. Sell Profile: London Normal Protraction

The CBDR is less than 40 pips

The asian range is 20 to 30 pips.

The market rallies up after 12:00am NY

to 2:00am NY.

Protraction Stage or “Judas Swing” wil be

a 1-2 STD of CBDR

2. Sell Profile: London Normal Protraction

The market may or may not have a

favorable CBDR.

The directional bias is bearish but the

protraction is delayed.

The IPAD will enter a protraction stage at

or shortly after 2:00am NY.

Look for intraday premium arrays to short

on - retracement.

119
 3. Buy Profile: London Normal Protraction

The CBDR is less than 40 pips

The Asian Range is 20 to 30 pips

The market declines down after 12:00am

NY to 2:00am NY

Protraction stage or “judas swing” will be

a 1-2 STD of CBDR

4. Buy Profile: London Delayed Protraction

The market may or may not have a

favorable CBDR.

The directional bias is bullish but the

protraction is delayed.

IPDA will enter a protractions stage at or

shortly after 2:00am NY

Look for intraday discount PD arrays to

buy at - retracement.

ICT Mentorship Core Content - Month 08 - When To Avoid The London Session (EP 6)

When is the London Session Not Ideal?

● After a large range day greater than 2 times the 5 day ADR
● After a series of 3 consecutive up closes - avoid longs
● After a series of 3 consecutive down closes - avoid shorts.

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 ● AfteraFOMCeventthatproducesextremewhipsaw.
● AheadofNFPrelease
● Thesamedaytradingisheadingintoalongweekend-holiday
● Multiplehightomediumimpactnesdriversforthatmarket
● Anabsenceofanynewsduringlondoncanbea“wildcard”day

What Characteristics to Look for?

● TheCBDRisgreaterthan50pips(possiblypassonLondon)
● TheAsianrangeisgreaterthan40pips(considerdelayedprotraction)
● Themarketstartsasustainedrailordeclinefrom8:00pmEST(poorconditions)
● IfCBDRandorasianrangeisnotvisuallyconsolidated…avoidLondon.
● Weaimfordayswhenthebankwill“hold”themarkettobuildanopenfloat.
● Ifthemarketistrendingfrom8:00pmEST,themarketisconditionedforLondonSlop-
sleep in and trade NYO.
● Idealconditionsforintradaydaytradesareaccumulation,manipulation,distribution.

When is London Open Killzone Ideal?

● ThedailychartisclearingrespectingPDArrays
● ThemarkethasrecentlyrespondedoffaHTFPDArrayandnotmetanopposingPD
array.
● WhenthemarketispoisedtotradehigherontheDailytoPremiumArrays
- Londonlongsareideal
● WhenthemarketispoisedtotradelowerontheDailytoDiscountArrays
- Londonshortsareideal
● Whenthedailyrangehasnotrecentlyexceededits5dayADT-expansiondayisdueto
form.

ICT Mentorship Core Content - Month 08 - High Probability Daytrade Setups (EP 7)

What Makes Daytrades High Probability? - London Trades

The highest importance is placed on the HTF Daily or 4h direction

When Daily and or 4h direction is bullish:

- Use previous day’s low to high for retracement entries
- Use previous day’s NY Session low to high for retracement entries
- Use previous day’s low for sell stop raids to accumulate longs.
- Focusing on the anticipated move from HTF discount to premium arrays.

When Daily and or 4h direction is bearish:

- Use previous day’s high to low for retracement entries.
- Use previous day’s NY Session high to low for retracement entries
- Use previous day’s high to buy stop raids to accumulate shorts.
- Focusing on the anticipated move from HTF premium to discount arrays.

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When do I Look to Buy Daytrades?
● Ideallyinseasonallybullishperiodsoftheyear*notrequired*
● Whenthecurrentquarterornewquarterisexpectedtobebullish.
● AfterthedailycharthasreactedpositivelyonadiscountPDArray.
● Whenpricehasaclearunobstructedpathtoanopposingpremiumarray.
● Theidealdaysoftheweektobuyare:Monday,TuesdayandWednesday.
● RefertotheCBDRanddetermineifitislessthan40pipsideally.
● Demandtheasianrangebeina20piprangeaheadofFrankfurtopen.
● Buyingbetween2:00amto4:00amNYTimeseekingLOD.
● Buy1-2STDofCBDRandorAsianRangecoupledwithdiscountPDA.
● ThetimeframetoexecuteisM15orM15.

Where do I Look to Buy Daytrades?

● Underasianrange+5pips.
● FVGbelowashorttermlowfromthepreviousday’sNYSession.
● Bullishorderblockbelowashorttermloweitherpreviousdayortoday
● IfIamverybullish-1STDwithANYdiscountPDArrayinLOKillzone
● Insidetheprotractionlowerpost12:00amto2:00amwithPDA.
● Fillingofaliquidityvoidthatcompletesunderashorttermlow.
● Ifaftertherallypost12:00am-buythe1stretraceinto15or5minute+OB.
● Ifshorttermlowistakenouttwicewithnoupside…buyturtlesoup.

Placing Stop-Losses in Buy Daytrades

● Whateveryouuseasinitialstoploss-donotrushmovingit.
● IfyouaretradingtheCBDRoverlapwithPDA-stopis30pipsunder
● Ifyouaretradingarunundertheasianrange-stopis40pipsunder
● IfyouaretradingANYsellstopraid-30pipsunderthelow/entry
● Ifyouaretradingthe1stretracementinto+OB-10pipsunderLOD
● Ifyouaretradingsecondreturnforsellstops-30pipsundertheLOD
● Ifyouaretradinganyothersetupabove-use50%ADRofthelast5dayssubtracted
from the Asian Range Low

Taking Profits in Buy Daytrades

● ALWAYS try to take something off in gain at 20-30 pips. Always.
● Look to scale something off every 2 STD of the Asian Range or CBDR.
● Take something off at the previous day's high +5 - 15 pips.
● Take something off at 50% of the price range you are trading inside 60 minutes.
● Take or have 60-80% off at 5 day ADR projections… ALWAYS
● If trading higher than previous trading week high -take something off
● In Time of Day- scale out at 5:00am NY time
● In Time of Day- scale out at short term high prior to 7:00am NYO
● In Time of day- scale out at 10:00am to 11:00am NY time in rally
● Ideally any of the above scenarios couples with a Premium PD Array

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When do I Look to Sell Daytrades?
● Ideallyinseasonallybearishperiodsoftheyear*notrequired*
● Whenthecurrentquarterornewquarterisexpectedtobe bearish.
● AfterthedailycharthasreactedpositivelyonapremiumPDArray.
● Whenpricehasaclearunobstructedpathtoanopposingdiscountarray.
● Theidealdaysoftheweektosellare:Monday,TuesdayandWednesday.
● RefertotheCBDRanddetermineifitislessthan40pipsideally.
● Demandtheasianrangebeina20piprangeaheadofFrankfurtopen.
● Buyingbetween2:00amto4:00amNYTimeseekingGOD.
● Sell1-2STDofCBDRandorAsianRangecoupledwithpremiumPDA.
● ThetimeframetoexecuteisM15orM15.

Where do I Look to Buy Daytrades?

● Above asian range +5 pips.
● FVG above a short term high from the previous day’s NY Session.
● Bearish orderblock above a short term high either previous day or today
● If I am very bearish - 1 STD with ANY premium PD Array in LO Killzone
● Inside the protraction higher post 12:00am to 2:00am with PDA.
● Filling of a liquidity void that completes above a short term high
● If after the rally post 12:00am - sell the 1st retrace into 15 or 5 minute -OB.
● If short term high is taken out twice with no downside… sell turtle soup.

Placing Stop-Losses in Buy Daytrades

● Whateveryouuseasinitialstoploss-donotrushmovingit. ●
IfyouaretradingtheCBDRoverlapwithPDA-stopis30pipsabove ●
Ifyouaretradingarunabovetheasianrange-stopis40pipsabove ●
IfyouaretradingANYbuystopraid-30pipsabovethehigh/entry ●
Ifyouaretradingthe1stretracementinto-OB-10pipsaboveHOD ●
Ifyouaretradingsecondreturnforbuystops-30pipsaboveHOD ●
Ifyouaretradinganyothersetupabove-use50%ADRofthelast5dayssubtracted
from the Asian Range high

Taking Profits in Buy Daytrades

● ALWAYS try to take something off in gain at 20-30 pips. Always.
● Look to scale something off every 2 STD of the Asian Range or CBDR.
● Take something off at the previous day's low +5 - 15 pips.
● Take something off at 50% of the price range you are trading inside 60 minutes.
● Take or have 60-80% off at 5 day ADR projections… ALWAYS
● If trading lower than previous trading week low -take something off
● In Time of Day- scale out at 5:00am NY time
● In Time of Day- scale out at short term low prior to 7:00am NYO
● In Time of day- scale out at 10:00am to 11:00am NY time in rally
● Ideally any of the above scenarios couples with a Discount PD Array

123
Buying Daytrades

Selling Daytrades

124
 ICT Mentorship Core Content - Month 08 - Integrating Daytrades With HTF Trade Entries
(EP 8)

Daytrade Entries in HTF Setups

● WecanusedaytradingentriestopositionourlongertermHTFtrades
● Thereisamethodthatemploysverylittletimeandanalysis
● WedonotNEEDtousetheLondonKillzoneifyouareunabletotradeit.
● TherearetwoessentialtimesofthedayIPDArefersto“reset”
● Thedailycandlecanpointtotheidealentrypointsforallstylesoftrade.

The Openings

There are two session “openings”

1 00:00 GMT (8:00pm EST) - standard platform on Forex Ltd Demo for calibration globally
. 00:00 EST - Midnight NY
2
. ● ThereareveryrefinedentrypointsthatcanbehadintheLondonOpen.
● TheyarenotrequiredtopositionwithdaytradingconceptsonHTFsetups.
IPDA True Day Open - Reset

● Buy/sell at0GMT(8:00pmEST)+/-20pips
● Use5DayADRasstop

125
 ICT Mentorship Core Content - Month 09 - The Sentiment Effect (EP 1)

When are Buying or Selling Probability Highest?

● ForDayTrades:theuseoftheAsianRangeandOpeningPricearekey.
- BearishShortDays:ideallyabovetheopeningpriceandorAsianRangeHigh
- BullishLongDays:ideallybelowtheopeningpriceandorAsianRangeLow

● Themarketwillhaveashorttermshiftin“Sentiment”andlessinformedtraderswill
chase price on the impulse or initial swing intraday.
● Focusingonstrictconditionslikedailyor4hdirectionbasedoninstitutionalorderflow
and combining the PD Array MAtrix for next level objectives, will provide you the highest
probability setups.
● Wewaittoenteronopposingmarketdirection-forhighoddssetups

Buy Conditions: Proper Setup for Long Entries

● IPDAsuggestsadailyorminimum4hdiscountarrayisinplay.
● Thereisasufficiencyrangeinpipsbetweenmarketpriceandopposingpremiumarray
found on the daily or 4h chart.
● Pricedeclinesunderthe“openingprice”andtheAsianRangeLow
● Ideallythedeclineundertheasianrangelowwillbetoalogicaldiscountarrayonthe15
min time frame.
● Typicallythepricewillnotspendmuchtimeatthediscountarrayonthe15min. ●
Expectpricestosharplytradehigherawayfromthe15minutediscountsarray. ●
Thelongerpricestaysorhoversthenearthe15mindiscountarray-oddsdrop ●
Shorttermsentimentwillbemostbearishatthetimeweenterlongtrades.

126
Sell Conditions:ProperSetupforShortEntries
● IPDA suggests a daily or minimum 4h premium array is in play.
● There is a sufficiency range in pips between market price and opposing discount array
found on the daily or 4h chart.
● Price rallies above the “opening price” and the Asian Range High
Ideally the rally above asian range high will be to a logical premium array on the 15 min
●
time frame.
Typically the price will not spend much time at the premium array on the 15 min.
● Expect prices to sharply tradelower away from the 15 minute premium array.
● The longer price stays or hovers the near the 15 min premium array - odds drop
● Short term sentiment will be most bullish at the time we enter long trades.
●

127
 ICT Mentorship Core Content - Month 09 - Filling The Numbers (EP 2)

IPDA Looks to Fill Four Numbers Daily

● The daily range will seek to fill or trade to four specific levels each day
● Previous day’s high or low
● Above the central pivot
- M3=midpointor50%ofthedistancebetweenCPPandR1
- R1=resistancelevelforstagedorders
- M4=midpointor50%ofthedistancebetweenR1andR2
- R2=resistancelevelstagedfororders
- M5=mid-pointor50%ofthedistancebetweenR2andR3
- R3=resistancelevelforstagedorders
● Below the central pivot
- M2=mid-pointor50%ofthedistancebetweenCPPandSI
- S1=supportlevelstagedfororders
- M1=midpointor50%ofthedistancebetweenS1andS2
- S2=supportlevelstagedfororders
- M0=mid-pointor50%ofthedistancebetweenS2andS3
- S3=supportlevelstagedfororders

1.Central Pivot
- Use the order flow direction and PD Array matrix bias
- The entry point you use for the trades you look for the number will fill:
● Iflongentry-lookaboveyourentrypointforthesequential4levels
● Ifshortentry–lookbelowyourentrypointforthesequential4levels
- On large range days - more than four levels can be filled (general rule)
- Ideally, the majority of positions are taken off after four levels fill.
- Leave a portion on for the potential for a large range day - if time permits it.

2.CBDR
- Using the order flow direction and PD array matrix bias
- Utilizing the CBDR when you are shorting the market 0 selling above the CBDR
you count the low of the CBDR as level one to four to fill.
- Expect the market to trade down to four CBDR lows - see chart
Reverse for buying
-

128
 3.Asian Range
Using the order flow direction and PD array matrix for
specific bias

Utilizing the asian range when you are buying the market -
buying below the asian range- you count the high of the
asian range as level one four to fill.

Expect the market to trade up to four asian range highs -

see chart.

Reverse for shorting.

4.Flout Range
Using order flow direction and PD array matrix for
specific bias.

Utilizing the flout when you are shorting the market -

shorting above the flout equilibrium - you count the
equilibrium of the flout range to the high as one SD. The
equilibrium of the flout range to the low is one SD.

The total flout range is *projected* on the basis of 50% of

its complete range – between 3:00pm EST and Midnight
EST.

Expect the market to trade down for flout range lows -see
chat

Reverse for buying.

Which Number to Focus On? - you never know for sure before the trading day begins.
1 CBDR
. Asian Range
2 Central Pivots
. Flout Range
3
.
4
129
.
The NY Session will generally provide the measurements IPAD is presently using for the
engineering of the daily range.

We look for confluence between one or more possibly more of the tools we measure for the four
levels. Coupling these with the present trading environment, time of day, direction and PD array
matrix … you will unlock the likely daily high or low

.
ICT Mentorship Core Content - Month 09 - 20 Pips Per Day (EP 3)

Targeting 20 Pips per day

130
 - You will not make 20 pips everyday… period
- Ideally you will want to bank 20 pips in any day trade you take.
- However there are few ways one can use to ferrer out a 20 pip scalp almost every day
(almost)
- The trader still needs to do their homework and determine what the current market
environment is (4 stages of price delivery)
This lesson teaches scalping for 20 pips.
-

Trading the 15 Min NY Session Stops

- AUS / KIWI

Buy Setup
- During the Asian session up to 12:00am NY time scout short term lows formed in the NY
Session - trading long after Asia probes the lows.

Sell Setup
- DuringtheAsiansessionupto12:00amNYtimescoutshorttermhighsformedinthe
NY Session - trading short after Asia probes the high.s

Timing by way of a 5 minute chart. Target is 20 pips fixed. Stop 20 pips.

131
Trading the NY Expansion
- All forex pairs

Buy Setup
- during NY Session up to 10:00am NY time scout short term lows formed in the NYO -
trading long after NY probes the lows while the London session posted daily low and 5
day ADR pending (5min).

Sell Setup
- During NY Session up to 10:00am NY time scour short term highs formed in the NYO -
trading short after NY probes the highs wil London Session posted daily high and 5 day
AR pending.

Timing by way of a 5 minute chart. Target is 20 pips fixed. Stop 20 pips.

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 ICT Mentorship Core Content - Month 09 - Trading In Consolidations (EP 4)

The Secret Behind Consolidations - Daily or 4H Order Flow Subordination

Retail Traders: will look for breakouts to establish a directional “bias” Smart
Money: will engineer or fade breakouts out of a consolidation. Retral Trades:
will buy previous low and sell previous high (support or resistance)
Smart Money: buys under old low and sells above old high.
Retail Traders: Chase expansions that originate from the equilibrium
Smart Money: Fade the expansions that originate from the equilibrium

133
 ICT Mentorship Core Content - Month 09 - Trading Market Reversals (EP 5)

Eight Effective Reversals

1Previous day high buy stop raid
. Previous day low sell stop raid Intra
2 - week high buy stop raid Intra -
. week low sell stop raid
3 Intermediate term high buy stop
. raid Intermediate term low sell stop
4 raid NY Session Reversal London
. Close Reversal
5
.
PDL Reversal
6
● In this example we see price was moving high as part of a
. larger expansion swing. During a normal retracement lower -
7 into a fair value gap - price inds a buyer under the PDL
●
8
. UsingthePDLandanticipatingamarketreversalafterPDLis

● raided - one can buy intraday

. WelookforconfluencesofPDArraystosupporttheideaof
buying under a PDL.

PDH Reversal
● In this example we see the price was moving lower as part of a
larger expansion swing. During a normal retracement higher -
after a fair value gap was filled. Price finds sellers above the
previous day high.
● Usingthepreviousdayhighandanticipatingamarketreversal
after PDH is raided - one can be a seller intraday.
● WelookforconfluencesofPDArraystosupporttheideaof
selling above PDH.

Intra - Week High Reversal

● InthisexampleweseethepricewastradingaboveEQHon
Thursday of this week. Price raided BSL as a premium array.
● Usingintra-weekhighandanticipatingameerkatreversal
after buy stops are raided - one can be a seller intraday.
● WelookforconfluencesofPDarraystosupporttheideaof
selling above an intra-week high.

134
Intra - Week Low Reversal
● In this example we see the price was trading
below EQL EQH on TTuesday of this week.
Price raided the SSL as a discounts array.
● Usingintra-weekhighandanticipatinga
meerkat reversal after sell stops are raided -
one can be a buyer intraday.
● WelookforconfluencesofPDarraysto
support the idea of buying below an intra-week
low.

ITH / ITL Reversal

● Inthisexampleweseepricewastradingina
large consolidation. The periods when the
market is not trending one direction offer ideal
conditions - for shorting above old highs and
buying below old lows from a previous week or
longer.
● Studyingoldhighsandlowsandincorporating
PD array matrices can assist you in finding
higher odds day-trades. These setups tend to
present the most dynamic reactions and that is
always a bonus trading intraday.
● Thelackofdirectionaltrendenvironments
occur more often than not; raiders that identify
this range bound condition will have little to
gear when fading the moves beyond the old range extremes.

NY Session Reversal
● Usingtheweeklytemplateprovidedtoyouand
studying the current market structure - one can
anticipate a NY session reversal.
● Whileareversalcanoccuronanydayofthe
week, we learn that certain weekly templates
are more likely to unfold over another.
● KnowingtheHTFPDArraysandIPADdata
ranges the market is presently respecting -
scenarios can be outlined in our analysis. If
there is an HTF discount array that is below
the market price but has yet to be met - the
day it trades down during London’s move and
crosses over to NYO is a classic NY session
reversal. Reverse for bearish.

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London Close Reversals
● London close can be used for intraday
reversals on large range days for scalps.
The large range day that exceeds its 5
ADR tends to retrace about 20% of its total
daily range at 10:00am to 12:00pm EST.
● Inlongertermconditions,theLondonclose
can time a market reversal that can lead to
a series of days of one -sided direction.
This is best determined with the use of the
weekly templated and study of the current
market structure
● Asseeninthisexamplethereversal
occurred on the wednesday and at london
close. This price occurred at a
HTFdiscount array and is expected to
trade higher as a result. London, like NYO,
can reverse the market.

ICT Mentorship Core Content - Month 09 - Bread & Butter Buy Setups (EP 6)

Daily Opportunities in Scalping

In Buy Programs IPDA will perform one of two price engine models:

1. Accumulate SSL by repricing under an old law.

- Sellstopswillbetriggeredinducingcounterpartysellerstopairlongentrieswith
- Pricewillseekahighershorttermpremiumarraytooffsetpositions.

2. Reaccumulate fair value in retracements lower at discount arrays.

- Weaklongholderswillbesqueezedintheretracementlower.
- Pricewillseektoexpandhighertoashorttermpremiumarraytoofferpositions

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Offset Accumulation

IPDA will reprice the market below an old low to promote sell stops that
would be residing there for current long holders. This is essentially
“engineers' ' sellers at deep discount prices. The open float below that old
low may also have sell stops for breakout systems that wish to sell on
weakness.

This model is called offset accumulation. Its primary purpose is to “offset” current long holders
and or induce more sellers at discount pricing. The model is seen frequently in bullish market
conditions and while HTF institutional order flow is suggesting higher prices.

Typically, offset accumulation models unfold quickly and you must learn to anticipate them at
key lows intraday.

Reaccumulation

IPDA will reprice the market lower to a fair value price array to provide
smart money discount pricing for long entries. The market will be bullish
from an institutional perspective and many times unfolds after a recent
sell stop raid. The retracement lower in price will place pain on current
long holders and tends to induce selling - thus providing sell side liquidity
to pair smart money long entries with.

This model is called reaccumulation. Its primary purpose is to “reaccumulate” new long entries
and or induce more sellers at discount pricing. The model is seen frequently in bullish market
conditions and while HTF institutional order flow is suggesting higher prices.

Typically, reaccumulation models fold quickly and you must anticipate them beforehand.

Realistic Objectives
Trade Duration: Typically 1-2 hours or less
Pips Per Trade: 15-30 pips on average
Timing Chart: 5 minute

Frequency of Setups
Per Week: 15+
Per Day: 2-3
Per Session: 1 per session (London, NY, London Close, Asia)
RR: 1:1 but typically better
Risk: 0.5 to 1 %

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Killzone Specific
● AllscalpingdoneduringICTKillzones
● Sincethedurationandstyleoftradingissoshorterminnature,weneedthemost
volatile times of the trading day to ensure we “get a move”.
● Therearetimeswhenusinglimitordersanentrymayexecuteoutsideakillzone.This
tends to happen in London Lunch… or post NYO. It is best to be actively following the
market if you are going to scalp intraday.

The Daily Range - Upclose Days

● Whenthemarketispoisedtotradehigherbasedon
HTF institutional order flow - in essence we expect the
open to be at or near the low of the daily range.
● Therecanbeasmallpricebelowtheopenprice.
● Londonopenpoststheinitialleghigherintradaythen
waits for NYO.
● NYO seesacontinuationhigherinpriceto10:00am
NY.

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Scalping the London Session

The London Open

1. WhenHTFinstitutionalorderflowisbullishweanticipateLondonsessionlowofday
formation.
2. Theopenat0GMT/12:00amESTcanseeaprotractionphaselower.Thiscanbe
scalped from the open or just above it prior to 1:00am NY time but is difficult.
3. ClassicLondonJudasSwingcanbescalpedeveneasier.
4. Themarketretracesbetween5:00amand7:00amNYOtimeandthiscanprovide long
scalp entry - once a discount array is hit.
5. Evenaftertheidealjudasentryhaspassed- a5minuteretracementcanbeentered
long on to scalp the remainder of London open to 5:00am NY time.

Scalping the NY Session

1. When London open confirms institutional sponsorship on the long side and posts the
daily low - we expect to see NY pen to continue higher - unless a HTF premium array
has been reached and or ADR is reached.

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 2. Welookfortheintradayswingshighertodeterminediscountrangearraystogolongat
in the NYO killzone.
3. Usingthe8:20amNYtimeforCMEopentoanticipatetheNYjudasswingtofade.
4. Targetswillbethe5dayADRhighandthenextpremiumarrayfoundona4H,60min
basis.
5. If ADR high is reached prior to 10:00am - take off 80% off and leave a small portion on to
capture any range expansion that might fill.

The Scalping The London Close

1. When the NY and London session have moved in tandem and the 5 day ADR high has
been reached and it is at least 10:30am NY time expect a retracement off the day’s high.
10:30am - 1:00pm.
2. Ideallythepriceshouldexceedthe5dayADRrange.
3. Lookfora5minutefRisking10pipsabovethedayshighandtarget20-30%ofthetotal
daily range in a retracement lower.
4. Keep in mind this trade can be very difficult to see pan out some days as the range can
and could expand far more than ADR high
5. Ideallytake1:1targetbasedonrequiredstops-nomorethan20pips.

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 ICT Mentorship Core Content - Month 09 - Sell Setups (EP 7)

Daily Opportunities in Scalping

In Sell Programs IPDA will perform one of two price engine models
1.Accumulate buy side liquidity by repricing above an old high
- buystopswillbetriggeredinducingcounterpartybuyerstopairshortentrieswith
- Pricewillseekalowershorttermdiscountarraytooffsetpositions
2.Reaccumulate fair value in retracements higher at premium arrays -
Weakshortholderswillbesqueezedinhigherretracement -
Pricewillseektoexpandlowertodiscountarraytooffsetpositions

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Offset Distribution

IPDA will reprice the market above an old high to promote buy stops that
would be residing there for current short holders. This in essence
“engineers' ' buyers at premium prices. The open float above that old high
may also have buy stops for breakout systems that wish to buy on
strength.

This model is called offset distribution. Its purpose is to “offset” current

short holders and or induce more buyers at premium pricing. The model is seen frequently in
bearish market conditions and while HTF institutional order flow is suggesting lower prices.

Typically, offset distribution models unfold quickly and you must learn to anticipate them at key
highs intraday.

Redistribution

IPDA will reprice the market higher to a fair value price array to provide
smart money premium pricing for short entries. The market will be bearish
from an institutional perspective and many times unfolds after a recent
buy stop raid. The retracement higher in price will place pain on current
short holders and tends to induce buying - thus providing buy side
liquidity to pair smart money short entries with.

This model is called redistribution. Its primary purpose is to redistribute new short entries and or
induce more buyers at premium pricing. The model is seen frequently in bearish markets and
while HTF institutional order flow is suggesting lower price.

Typically, redistribution models unfold quickly and you must learn to anticipate key premium
arrays intraday.

Realistic Objectives
Trade Duration: Typically 1-2 hours or less
Pips Per Trade: 15-30 pips on average
Timing Chart: 5 minute

Frequency of Setups
Per Week: 15+
Per Day: 2-3
Per Session: 1 per session (London, NY, London Close, Asia)
RR: 1:1 but typically better
Risk: 0.5 to 1 %

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Killzone Specific
● AllscalpingdoneduringICTKillzones
● Sincethedurationandstyleoftradingissoshorterminnature,weneedthemost
volatile times of the trading day to ensure we “get a move”.
● Therearetimeswhenusinglimitordersanentrymayexecuteoutsideakillzone.This
tends to happen in London Lunch… or post NYO. It is best to be actively following the
market if you are going to scalp intraday.

The Daily Range - Downclose Days

● WhenthemarketispoisedtotradelowerbasedonHTFinstitutionalorderflow-in
essence we expect the open to be at or near the high of the daily range.
● Therecanbeasmallrallyabovetheopenprice
● LondonopenpoststheinitialleglowerintradaythenwaitsforNYO

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Scalping the London Session

The London Open

1. WhenHTFinstitutionalorderflowisbearish anticipatelondonsessionhighofday
formation
2. Theopenat0GMTor12aminNYcanseeaprotractionphasehigherinprice.Thiscan
be scalped from the open or just below it to 1:00am NY time. 3.
TheclassicLondonJudasSwinghighercanbescalpedeveneasier. 4. The market retraces
between 5:00am and 7:00am NY time - and this can provide a short
scalp entry - once a premium array is hit.
5. EvenaftertheidealJudasentrypointhaspassed-a5minuteretracementcanbe
entered short on to scalp the remainder of London Open to 5:00am NY time.

Scalping the NY Session

1. WhenLondonOpenconfirmsinstitutionalsponsorshipontheshortsideandpoststhe
daily high - we expect to see NYO to continue lower - unless a HTF discount array has
been hit intraday or ADR is reached.
2. We look for intraday swings lower to determine premium range arrays to go short at in
the NYO killzone.
3. Usingthe8:20amNYtimeforCMEopentoanticipatetheNYJudasswingtofade.

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 4. Targetswillbethe5dayADRlowandthenextHTFdiscountarrayfoundona4h,60
min basis.
5. IfADRlowisreachedpriorto10:00am-take80%offandleaveasmallportiononto
capture any range expansion that might fill.

Scalping the London Close

1. WhenNYandLondonSessionshavemovedintandemandth5dayADRlowhasbeen
reached and it is at least 10:30am NY time 10:30am - 1:00pm
2. Ideallypriceshouldexceedthe5dayADRrange
3. Look for a minute failure swing at the low and a bullish orderblock to enter on.
4. Risking10pipsbelowtheday’slowandtarget20-30%ofthetotaldailyrangeina
retracement higher.
5. Keep in mind this trade can be very difficult to see pan out some days as the range can
and could expand far more than ADR low.
6. Ideallytake1:1targetbasedonrequiredstop-nomorethan20pips.

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The Average Daily Range
1 The ADR does NOT have to fill for the day
. ADR can be expected to as as ½ of the actual ADR in some conditions
2 a. When a long term trend is underway and an intermediate term swing has begun -
. a large impulse swing can surge the daily range twice the ADR especially when
the ADR is under 60 pips
b. When an intermediate term swing is completing a HTF array and on the strength
of high impact news - capitulation
3 ADR not filled at NYO but during London Close are ideal.
. If ADR fills at or before NYO - ADR will likely be exceeded - if high impact news is due
4 out after equities open.
.

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The Scalping Model - In a Nutshell
1. Essentially the setups are micro-setups on the 5 minute charts we outline on the HTF
charts.
2. The elements of time of day are essential to framing the intraday price swings in every
daily range.
3. The HTF PD Arrays will draw price and intraday the LGTF PD arrays will provide the
timing and price levels to enter on.
Ideally we use scalps to fill in slow periods or entry trades that may have already started
4.
and the lowest risk entry has long passed.
If you spend your time studying whether the HTF is moving higher or lower and wait for
5. small range days to form - the market will reward your patience and supply you with daily
ranges that expand and form clear intraday swings perfect for scalping.

ICT Mentorship Core Content - Month 09 - ICT Day Trade Routine (EP 8)

Economic Calendar
- Consider the economic calendar for the day you are trading
- Look for low , medium , high , very high impact news drivers.

IPDA Data Ranges

- 20 - 40 - 60 day look back
- Look for current or previous quarterly shift

PD Array Matrix
- Look at all PD Arrays in the 20 - 40 - 60 day look back
- Look at the high and low for each lookback day

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Price Extensions / EQ / Premium / Discount
- Look at premium and discount ranges
- Look at equilibrium
- Look at fib price extensions 1.27 / 1.62

ICT Day Trading Daily Routine - Summarized

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 ICT Mentorship Core Content - Month 10 - Commitment Of Traders (EP 1)

Commitment of Traders Report

The Raw Data

- Found on www.CFTC.gov (weekly)
- CME - Chicago Mercantile Exchange

Example : Japanese Yen Futures Contract

●
Commerciallongpositions:143450contracts
●
Commercialshortpositions:76426contracts
●
Commercialnetposition:67024contractslong

This tells us NOTHING about their current hedging program … but let's look deeper.

Tracking the Three Main Class of Traders

- Found on www.barchart.com
- Plot daily chart with net traders position line in char
- Duration displayed = one year of price action

Commercial trades are shown in RED

Large traders are shown in GREEN
Small speculators are shown in BLUE

I want you to visually see the hedging programs by the commercial traders.
- To hedge, in finance, is to take an offsetting position in an asset or investment that
reduces the price risk of an existing position. A hedge is therefore a trade that is made
with the purpose of reducing the risk of adverse price movements in another asset.

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 - 0 Line determines if we are net long or net short
- Commercials have been net long for 6 months
- It means they are in a buy program, not a hedging program, they will hedge by selling.

The Commercial Hedging

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 ICT Mentorship Core Content - Month 10 - Relative Strength Analysis - Accumulation &
Distribution (EP 2)

Commodity Trading Concepts

1 Agricultural
. Financial
2
Agri.culture
Grains - corn , wheat , soybeans
Livestock - feeder cattle, lean hogs, live cattle
Foods - cocoa, orange juice, coffee, sugar
Fibers - cotton

Financial
Debt - T Bonds, 10 Yr. Note, 5 Yr. Note
Currencies - Aus $, Can $, Yen, Pound, Franc, Euro, NZ $
Metals - Gold, Silver, Copper
Energies - Crude Oil

1.Institutional Sponsored Rally

The market tends to trade higher energetically as a leader. Market and establish the underlying
direction opposite to USDX.
These markets are extremely profitable - our aim is to focus on these markets as they'll be the
strongest upside movers.

Short term highs are seen broken and declines are shallow in nature. The upswing and
upswings and up closing candles re typically much larger than that close lower to move lower

● Keyfocalpointisafiltertotradelower-divergence,thereareoppositetoUSDX
● Focusoncommoditiesthatfailtomakelowerlow,divergingwithUSDX(professional
accumulation or institutional sponsorship)

USDX should go lower and commodities

higher.

The commodity that fails to make lower

lows is the one to focus on.
Find the leadership in the group of
commodities.

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2.Sympathetic Rally
The market tends to trade higher in sympathy to the leader
market that establishes the underlying direction.
While these markets are potentially profitable - our aim is to
focus on the leadership market for the strongest rally.

Short term highs are seen broken and declines are shallow in
nature. The upswings and up closing candles are typically
much larger than those that close lower or move lower.

3.Institutionally Sponsored Decline

The market tends to trade lower energetically as a leader
market and established the underlying direction opposite to
USDX.

These markets are extremely portable - our aim is to focus on

these markets as they’ll be the strongest downside movers.

Short term lows are seen broken and rallies are shallow in
nature. The downswings and down closing candles are
typically much larger than those that close higher or move
higher.

● Keyfocalpointisafeaturetotradehigher-divergence

4.Sympathetic Decline
The market tends to trade lower in sympathy to the leader
market that establishes the underlying direction.
While these markets are potentially profitable - our aim is to
focus on the leadership market for the strongest decline.

Short term lows are seen broken and declines are shallow in
nature. The downswings and down candles are typically much
larger than those that close higher or move higher.

Examples Below Comparing USDX / Commodity Daily Charts

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154
 ICT Mentorship Core Content - Month 10 - Commodity Seasonals Tendencies - My
Personal Favorites (EP 3)

Seasonal Tendencies and Commodities

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157
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 ICT Mentorship Core Content - Month 10 - Premium Vs. Carrying Charge Market (EP 4)

Barchart.com as Resource- Carrying Charge Market

Look at the nearest month contract and look for a premium.If there is no premium we have a
carrying charge market. A carrying charge market is an increase in that premium / closing price
in the very next market. It is carried to the next month since it was not seen this month. Look at
contract premiums.

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 ICT Mentorship Core Content - Month 10 - Open Interest Secrets & Smart Money
Footprints (EP 5)

Open Interest in Commodity Markets

Open interest is the total number of outstanding contracts that are held by market participants at
the end of each trading day. Where volume measures the pressure or intensity behind a price
trend, open interest measured the flow of money into the futures market

For each seller of a futures contract there must be a buyer of that contract. Thus a seller and a
buyer combine to create only one contract. Therefore, to determine the total open interest for
any given market we need to only know the total from one side or the other, buyers or sellers,
not the sum of both.

The commodity markets have a built in advantage or “additional insight” shared by way of open
interest. The study of open interest can provide a trader a very important perspective in a
commodity.

Two Ways to View Open Interest as a Trading Tool

1. Measuringthestrengthofatrendofpricemove
2. Trackingthefootprintsofthelargecommercialhedgers.

Using Open Interest in Trends and Swings

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 ● Ifpricesareinanuptrend,openinterestisrising,thisisabullishsign.Thereareshorts
who are being stopped out, but new sellers are taking their place. As the market
continues to rise, the longs get stronger and the shorts get weaker.
● Igpricesareinadowntrend,andopeninterestisrising,thisisabearishsign.Weak
longs are being stopped out, but new buyers are taking their place. As the market
continues to fall, the shorts get stronger and the longs get weaker. Put another way - as
long as the open interest is increasing in a major trend, it will have the necessary
sponsorship to continue.
● Ifpricesareinanuptrendandopeninterestisfalling,thisisabearishsign.Theold
longs, the “smart money” are banking gains as they are liquidating. They are replaced by
new buyers, who will not be as strong on balance but the declining open interest is an
indication the weak shorts are also exiting They will be replaced by new shorts who are
stronger than the old shorts.
● Ifpricesareinadowntrendandopeninterestisfalling,thisisabullishsign.Smart
money, the shorts are covering or liquidating profitable shorts. They will be replaced by
new shorts not as strong as they were, but the declining open interest indicates the
squeezed longs are bailing. They will be replaced by new longs who were not as
weakened by the lower prices as the old longs were. Put another way - when the supply
of losers is exhausted, the downtrend ends.

Using Open Interest in Consolidations

● Ifpricesareinarange,andopeninterestisrising,thisisabearishsign.Thereasonis
that “Street money” plays the long side. Rising open interest in a trading range that
commercial hedgers and professionals are taking the short side, and the uninformed
money will likely fall victim to the downside break in price.

● Ifpricesareinarangeandopeninterestisfalling,thisisabullishsign;Thereasonisthe
commercial hedgers who are most likely shorting - are covering. The “street money” will
be shorting and or expecting a breakout lower in price.

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Ideally we want to look for long term or HTF levels in price to anticipate this open interest
concept. In times where price is trading at a key support level (discount array) on a HTF basis -
open interest will drop while price is ranging at or near the HTF support or discount array as we
outline the institutional reference points. This will be bullish and anticipate an up swing in price.

Ideally, we want to look for long term or HTF resistance levels in price to anticipate this open
interest concept. In times where price is trading at a key resistance level (premium array) on a
HTF basis - open interest will rise while price is ranging at or near the HTF resistance level or
premium array as we outline institutional reference points. This will be bearish and anticipate a
down swing in price.

Open Interest vs Seasonal Average

● Givesinformationonwhatthecommercialsaredoingasawhole
● Comparetheblackline(actual)anddottedline(average)

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Open Interest Drops at Support (bullish orderblock) and in Consolidation
- This is a very bullish signature in price (+1500 point move)
- Can look for intraday positions below 00:00 and / or look for one shot one kill

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 ICT Mentorship Core Content - Month 10 - Bond Trading - Basics & Opening Range
Concept (EP 6)

T Bond Trading Basics

● Tradesymbol:[ZB]
● Bond:30yeartreasurybond
● Tradingsession:NYSession8:20amto3:00pmEST
● Contractdeliverymonths
- March[H]
- June[M]
- September[U]
- December[Z]
● Format:ZBU17(september2017contractfor30yeartreasurybond)
● Amountpertick:$31.25
● Fullhandlemove:32ticks($1000percontract)

Bond Opening Range Concept

● Highestvolumeis8:00amand9:30amNYtime
● Truedayis8:00amto3:00pmNYtime
● Openingrangeis8:00amNYtimeto9:00amNYtime

Focus
The opening range between 8:00am and 9:00am NY time tends to create the bond market high
or low of the day. IT can be a run on stops or fair value setup. It is the location of liquidity pools
built around stock market open raids.

Example 1 - Opening Range T Bond (ZB)

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Example 2 - Opening Range T Bond (ZB)

ICT Mentorship Core Content - Month 10 - Bond Trading - Split Session Rules (EP 7)

T Bond Split Session Rules

● Traditionalovernightsession:London
● NYAMSession:8:00amto12:00pm
● NYPMSession:12:00pmto
3:00pm

Trending days can see the complete

trade day be one-sided in both AM and
PM Sessions.

Consolidation days can see opposing

directions in the AM and PM Session. Or
it can see one Session produce a swing
and the other can consolidate.

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 ICT Mentorship Core Content - Month 10 - Bond
Trading - Consolidation Days (EP 8)

Consolidation Days
● Overnightpriceactioncanbetendingorrange
bound
● NYSessioncanlackofnoteworthyreportsdue
● EconomicCalendarcanshowhightomedium
impact US reports due to release on another
trading day or days later in the week.

Formation Characteristics
● After a HTF premium or discount array is met
● At equilibrium of a HTF price swing (mid-point pause)
● Bank holidays in the US
● Ahead of holidays in the US
● Bond auction day before and the AM Session on the day of.

Consolidation Days
● ScalpingAMSession:5-10ticksiftheopeningrangeissmall
● ScalpingPMSession:5-10ticks*ifAMhasNOTranstops*
● AvoidtradingAMSession:onbondauctiondays
● AvoidtradingPMSession:oninterestratedrivers
● FocusonTradingWhen:HTFPDArraysaremet
● RecallSmallRangesPrecedeLargeRangesonthedaily
● Alwaysallowlimitexitsthatexceedyourtargets-*Bonus*.
● KeepovernightshorttermhighsandlowsinmindforLRLR.
● UnlessPMSessionNewsDriverDueOut:consolidationdaystypicallyoffersetupsin
AM Sessions most of the time. Avoid “forcing” PM Session trades routinely.

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Consolidation Brings Expansion
When we identify the market is likely to trade in a small range “consolidation day” - we
should immediately note the next trading day or a day not long after it - will produce a
“long range” or trending day.

While the bond is held in a narrow range - this will create a stranglehold on volatility for the other
asset classes - on average.

The use of this observation serves us well as Forex Trades - in that we can reduce or limit our
expectations on the Fx Pairs movement and operate in a more reserved fashion. Sticking to low
hanging fruit and small gains.

ICT Mentorship Core Content - Month 10 - Bond Trading - Trending Days (EP 9)

Trending Days
● Overnightpriceactioncanbetrendingorrangebound
● NYSessionNewsisavolatilityinjection

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 ● Economic Calendar has high to medium impact US reports due to release at 8:30am NY
Time

Formation Characteristics
● Aftersmallrangedayorseriesofsmallrangedays
● DirectionallydrivenbydailyPDArrayMatrix
● LiquidityseekingmovementPDArrayandorderflow.

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 ICT Mentorship Core Content - Month 10 - Index Futures - Basics & Opening Range
Concept (EP 10)

Index Trading Basics

● TradeSymbol:[ES]E-miniS&P500
● TradingSession:NYSession9:30amto4:00pm
● ContractDeliveryMonths
- March[H]
- June[M]
- September[U]
- December[Z]
● Format:ESU17(S&P500E-MiniSeptember2017Contract)
● AmountPerTick:$12.50
● AmountPerHandle:4ticksor$50.00

Spooze Opening Range Concept

● HighestVolume:between9:30amto10:00amNYTime
● TrueDay:9:30amto4:00pmNYTime
● OpeningRange:9:30amNYTimeto10:30amNYTime

Focus
The opening range between 9:30am to 10:30am tends to create the Spooz market high or low
of the day. It can be a run on stops or fair value setup.

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 ICT Mentorship Core Content - Month 10 - Index Futures - AM Trend (EP 11)

The AM Trend
● TraditionalOvernightSession:London
● NYAMSession:9:30amto12:00pm
● Thetruedayhighorlowwilltendtoforminbetweenthehoursof9:30amand10:30am
NY Time.
● Betweentheopenat9:30amand12:00pmNYTime-thereistypicallyatrendorprice
swing daily [AM Trend].
● TheAMTrendcanbeacontinuationofovernightdirectionoranoutrightreversalof
direction right from the open.
● Youwanttostudymanydaysofintradaypriceatontolearnhowconsistentthismorning
price swing is.
● TheAMTrendcanendat10:30amto11:00ambutanticipateitcontinuingupto12:00pm
or the “NY Lunch Hour”.

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The Index SMT
Between 5:00am and 9:30am NY Time
relative highs and lows should be
compared.

When institutional order flow is bullish =

compare lows.

One index will fail to confirm lower lows in

all three.

When institutional order flow is bearish =

compare highs.

One index will fail to confirm higher highs

in all three.

Typically there will be an index SMT

Divergence to qualify the AM Trend
setups a few times per week. When it is
not obvious - assuming it's not there.

ICT Mentorship Core Content - Month 10 - Index Futures - PM Trend (EP 12)

The PM Trend
● AftertheNoonNYLunchHour
● NewYorkPMSession-1:00pmto4:00pm
● Thetruedayhighorlowwilltendtoforminbetweenthehoursof3:00pmand4:00pm
NY Time
● Between1:00pmand4:00pmNYTime-thereistypicallyatrendorpriceswingdaily.
[PM Trend]
● ThePMTrendcanbeacontinuationoftheAMTrenddirectionoranintradayreversal
into the close.
● MeasuredmovesintheafternoontendtobefasterthanAM.
● Typically2:00PMNYTimeseesthemovebegin.

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178
The Index SMT
Between 12:00pm and 3:00pm NY Time
relative highs and lows should be
compared

When institutional order flow is bullish =

compare lows

One index will fail to confirm lower lows in

all three.

When institutional order flow is bearish =

compare highs.

One index will fail to confirm higher highs

in all three.

ICT Mentorship Core Content - Month 10 - Index Futures - Projected Range & Objectives
(EP 13)

1.Two Session Up Close

Institutional Order Flow

- Bullish

AM Trend
- Returns to a discount array then
rallies.

Lunch Hour
- Consolidates with shallow
retracements.

PM Trend
- Runs the lunch hour lows [sell
stops] or drops into a FVG
discount array then reallies into
close.

179
2.Two Session Down Close

Institutional Order Flow

- Bearish

AM Trend
- Returns to a premium array then
declines.

Lunch Hour
- Consolidates with shallow
retracements.

PM Trend
- Runs the lunch hour highs [buy
stops] or rises into a FVG
premium Array then declines into
close.

3.AM Rally PM Reversal

Institutional Order Flow

- Bullish under HTF premium PD
Array

AM Trend
- Returns to a discount array then
declines

Lunch Hour
- Consolidates with shallow
retracements

PM Trend
- Runs the lunch hour highs - then
reverses into close or runs the
intraday high into close.
- Can resume higher if AM Session
discount = HTF

180
4.AM Decline PM Reversal

Institutional Order Flow

- Bearish above HTF discount PD
Array

AM Trend
- Returns to a premium array then
declines

Lunch Hour
- Consolidates with shallow
retracements

PM Trend
- Runs the lunch hour laws - then
reverses into close or
- Runs the intraday lows - then
reverses into close
- PM Trend can resume lower if
AM Session premium = HTF

5.Consolidation AM Rally PM Decline

Institutional Order Flow

- Neutral
AM Trend
- Returns to a discount array then
rallies or
- Expands higher form equilibrium
to run London Buy Stops
Lunch Hour
- Consolidates with shallow
retracements
PM Trend
- Runs the lunch hour highs - then
reaches for day’s sell stops or
- Runs the intraday high - then
reaches for intraday or London
sell stops
- PM Trend can simply consolidate
into close after Lunch Hour

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6.Consolidation AM Decline PM Rally

Institutional Order Flow

- Neutral
AM Trend
- Returns to a premium array then
declines or
- Expands lower from equilibrium
to run London sell stops
Lunch Hour
- Consolidates with shallow
retracements
PM Trend
- Runs the Lunch Hour lows - then
reaches for day’s buy stops or
- Runs the intraday low - then
reaches for intraday / London
buy stops
- PM Trend can simply consolidate
into close after lunch hour

ICT Mentorship Core Content - Month 10 - Index Futures - Index Trade Setups (EP 14)

1.Two Session Upclose

182
2. Two Session Downclose

3. AM Rally PM Reversal

183
3. AM Decline PM Reversal

4. AM Decline PM Rally

184
5. Consolidation AM Rally PM Decline

6. Consolidation AM Decline PM Rally

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 ICT Mentorship Core Content - Month 10 - Stock Trading - Seasonals & Monthly Swings
(EP 15)

Stock Seasonal Tendencies

Seasonal Influences Per Calendar

1. JAN=bearish 2. FEB=bullish 3.
MAR=consolidation 4. APR=bullish 5.
MAY=bearish 6.
JUN=consolidationendingbearish 7.
JUL=bullishintomid-yearhigh 8.
AUG=consolidation 9.
SEP=1sthalfbullish2ndhalfbearish 10.
OCT = bullish 11. NOV = bullish 12. DEC =
bullish

ICT Mentorship Core Content - Month 10 - Stock Trading - Building Buy Watchlists (EP
16)

186
Building Buy Watchlists
Filter #1 - The Stock Market should be poised to rally
Filter #2 - During bullish months - select higher low stocks

● TheFEBtoMAYmonthsareideallongswingsetups
TheOCTtoJANmonthsareideallongswingsetups
●
Majorityofindexstockswillrisewiththemajormarket
●
Stocksthataretrendinghigherontheweeklyprior,areideal.
●
●
Avoid“safestocks”likeVZ,GEandKO Strongstockswillhaveobviousbullishstructure.
● ThediscountarrayswithindexSMTwillhighlightcompaniesthatareunderheavy

accumulation during seasonally bullish months

● Trytonarrowtheselectionto2-4companiesduringyourstockselectionprocess.
● Leadershipstocksthatareaggressivelyboughtbyinstitutionswillbefoundtofailtodrop
lower during bullish months when the three major stock indices decline until one fails to
post a lower low comparably.

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ICT Mentorship Core Content - Month 10 - Stock Trading - Building Sell Watchlists (EP 17)

Building Sell Watchlists

Filter #1 - The stock market should be poised to decline.
Filter #2 - During bearish months, select lower high stocks.

● ThemonthsofJAN,MAY-JUNareidealshortswingsetups
● Majorityofindexstockswilldeclinewiththemajormarket
● Stocksthataretrendinglowerontheweeklyprior,areideal
● Avoid“safestocks”likeVZ,GE,andKO.
● Weakstockswillhaveobviousbearishstructure.
● ThepremiumarraywithindexSMTwillhighlightcompaniesthatareunderheavy
distribution during seasonally bearish months.
● Trytonarrowtheselection2-4companiesduringyourstockselectionprocess.
● Leadershipstocksthatareaggressivelysoldbyinstitutionswillbefoundtofailtorally
higher during bearish months when the three major stocks indices rally until one fails to
post a higher high comparably.

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 ICT Mentorship Core Content - Month 10 - Stock Trading - Using Options (EP 18)

Investors Business Daily (IBD)

- Valuable resource for stock trading

CANSLIM
1. C = current earnings (look for +25% in their latest reported quarter)
2. A=annualearnings(up25%ineachofthelast3years)
3. N=thenewfactor(newproducts,services,managementetc…)
4. S=supplyanddemand(reasonablefloatsopricecantrendeasily)
5. L=leadervslaggard(leadersintheirindustry,buyhighandsellhigher)
6. I=institutionalsponsorship(funds,banksaccountfor80%oftrading,lookforthis)
7. M = market direction (stocks follow market trend, buy stocks in confirmed uptrend and
protect capital against correction)

Major Market Timing Points

189
 ICT Mentorship Core Content - Month 10 - Importance Of Multi-Asset Analysis (EP 19)

Multi - Asset Class Analysis

- Bonds
- Currencies
- Commodities
- Stocks

ICT Mentorship Core Content - Month 11 - Commodity Mega-Trades (EP 1)

What are Megatrades?

● Largepriceswingsortrendsthatcanproducemassive“potentialgains”-thathen
compared to relative markets - outperforming all others
● Theyarehistoricallyeasytospotinpatpriceactioneeriecalendaryear
● Hugeinstitutionalsponsorshipcoupledwithstronginfluencesfromactualsupplyand
demand fuel these moves

Commodity Specialist
● Whenfollowingthecommoditymarketitisbesttoavoidbeinga “specialist”orone
market trader
● Afavoritecommoditycanprovideplentyofsetupstoconsiderbutitmightbea“sleeper”
while other markets are on fire
● Commoditiesofferasmalluniverseofmarketstoanalyzeandseekmegatrades.

Agricultural Markets
● Thefirstareawelookforannualmegatradesisagriculture.
● Thesearemarketsthatfeedtheworldandasaresultwillhaveevengreatersupplyand
demand factors that move them
● Droughts,insectdamage,frostorjumpercropswillhaveenormouseffectsonpricesin
these markets

Grain Markets
- Soybeans/ Soybean meal
- Wheat
- Corn
- Oats , canola , rice (thin - dont trade)
Livestock Markets
- Live cattle
- Feeder cattle
- Lean hogs

190
Soft Market
- Coffee
- Cocoa Sugar
- Orange juice
-

Fiber
- Cotton

Financial Markets
● Thenextareawelookforannualmegatradesisthefinancials
● Thesemarketsarehardinnatureandindustrious.Industrialsupplyanddemandfactors
move them.
● Wars,economicdrivers,interestrates,importsandexportswillhavegreaterimpactson
these kinds of commodities.

Metal Markets

Precious
- Gold
- Silver
- Palladium and Platinum (thin and don't trade)
- High Grade Copper (industrial - not precious metal)

Energy Markets
- Crudeoil
- Heatingoil
- Gasoline
- Naturalgas
** I have no experience trading futures in Natural Gas - it has been active in recent years

Fundamentals Matter
● Commoditiesrequireameasureoffundamentalconsiderationinouranalysis ●
Wedonothavetowadethroughdry,boringcropreportsorcattleheadreports. ●
Asimplenewspaperheadlinemightbeallthat’sneededtodrawafundamental
conclusion

Fundamental Starting Point

● Aquickandeasyfirststepistoconsultthedeliverymonthclosingprices
● Noteifanycommodityhasapremiumoverdistantmonthsout.Thiswillbeourprimary
search every year - for explosive bull markets.
● Wedonotrequireapremiumtobebullishacommodity-itmerelyaddstothelikelihood
of a “strong” price rally.

191
Dollar Based Analysis
● Generally,whenUSDXisdeclining-thisallowcommoditypricestorise
● Conversely,whentheUSDXisrallying-thispressurescommoditypricelower
● TherecanandwillbeaperiodlastingaslongasayearwhenCommoditypricesandthe
US Dollar move in tandem. We can never be 100% accurate.

Sector Group Leaders

● Whenweareexpectinghighercommoditypricesingeneral-wewillseektofilterthose
markets that exhibit very bullish characteristics.
● Whenweareexpectinglowercommoditypricesingeneral-wewillseektofilterthose
markets that exhibit very bearish characteristics
● Therecanopportunitiestobecontrarianineitheroftheconditionsexplainedabove

192
Seeking Megatrades
The process in simple terms

1. Searchheadlinesforcommodities
2. Selectpremiummarkets
3. ConferwithUSDXdirection
4. Filterleaderfromeachsector
5. Trytofollowoneleaderfromeach
6. Useoptionpricesforpapertradestoo
This is an overview that will be refined in detail
in the August PDF files for Commodity Top
Down Analysis.

The Commodity Basket

● NoteveryCommoditySectorwillperformwell.Noteverselected“leader”willperformor
outperform as expected.
● Duetothelackofperfection-outdiversifiedapproachinallthesectorwill-intheory-
increase the odds of capturing a megatrade in one or more sectors
● Themagnitudeandenergyseeninthe“winners”willmanytimescoverthecollateral
damage the underperformed will generate post trade.

The Treasure Seeker Mindset

● Somemightfeelthismayperhapsbealotof“work”tofindamarketmove.Ormaybeit
might seem boring to sift through charts for generic conditions

193
 ● From my first day looking for the annual big movers - I likened it to a treasure hidden that
I have to find. Like most anything - if you turn it into a game … It makes it fun!
● Every new calendar year presents a new treasure hunt.

Homework:
1. Withthebenefitofhindsight-lookat2016
2. Study the big movers of 2016 in the commodity markets. See if you can see the things
described in this lesson.
3. We will review 2016 examples this coming Friday and teach how to get back data for
practice in a Live Webinar for your learning. Get into those treasure maps… I mean price
charts.

ICT Mentorship Core Content - Month 11 - Forex & Currency Mega-Trades (EP 2)

Quarterly Shifts
● The impact of quarterly cycles in the markets as a whole - can never be overstated
● Every 3 months or so, the markets will tend to form an intermediate term turning point
● The overlapping of megatrade conditions - coupled with this effect is crucial to finding the
next explosive market moves.

194
Seasonal Tendencies
● Seasonaltendenciesareimportantformegatradeselectionsaswell
● Wehavecoveredallthesalientseasonaltendenciesforeachmarketandassetclasses.
● Theseasonaltendencymayormaynotbeafactoronallexplosivemoves-butmost
tend to be in alignment with this market phenomenon.

The US Dollar Index

● Everysignificantmoverintheforexorcurrencymarketswillhaveitsrootintheprice
action of the US Dollar Index.
● Whileintheveryshortterm-andespeciallywhenitcomestoIntradayTrading-the
USDX can consolidate and still see currencies trade stronger or weaker against it.
● Thesearchformegatradesincurrencieswilldependonthesupportofthetradeideain
the USDX - or it’s not a qualified megatrade setup.

Focusing on the Majors

Whether you like to trade the Majors or the Crosses - you need to focus on these Majors for
Megatrade selections
● EURUSD-Fiber ●
GBPUSD-Cable ●
AUSUD-Aussie ●
NZDUSD-Kiwi ●
USDCHF-Swissy ●
USDCAD-Loonie ●
USDJPY-Yen
All major moves can be determined with these 7 pairs and they are all you ever need to trade.

195
Relative Strength Analysis
● There is two approaches to performing relative strength as i define it
● The first is to use the underlying futures price action comparably - measuring respective
highs and lows.
● The second is to use an overlay tool in the forex market - measuring perspective highs
and lows.

196
Seeking Megatrades
The process in simple terms:

1. Searchstrong(weak)currencyfutures
2. Studyforexpairsrespectively
3. ConferwithUSDXdirection
4. UserelativestrengthinEachCurrency
5. Filterleadershipcurrencies
6. Trytofollowoneortwocurrencies
7. UseOptionpricesforpapertradestoo
**This is an overview that will be refined in detail in the
August PDF files for Commodity Top down Analysis.

197
 ICT Mentorship Core Content - Month 11 - Stock Mega-Trades (EP 3)

Quarterly Shifts
● The impact of quarterly cycles and earnings in the markets can never be overstated
● Every 3 months or so, the markets will tend to form an intermediate term turning point
● The overlapping of megatrade conditions - couples with this effect is crucial to finding the
next explosive market moves.

Seasonal Tendencies
● Seasonaltendenciesareimportantformegatradeselectionsaswell
● Wehavecoveredallthesalientseasonaltendenciesforeachmarketandasset
● Theseasonaltendencymaynotbeafactoronallexplosivemoves-butmosttendtobe
in alignment with this market phenomenon.

198
The Major Market Direction
● Everysignificantmoverinthestockmarketwillhaveitsmomentumincreasedbythe
general market direction
● Strongstockscanrallyhigherwithouttheassistanceofthemajormarket,bttypically
accelerate when the broad markets move higher
● Thesearchformegatradesinstockswilldependonthesupportofthetradeideainthe
major market direction - or it's not a qualified megatrade candidate.

The Fundamental Screen

● Tosomedegree-thereisafundamentalimpacttostockpricesandtheirrespective
movements
● Havingasystematicapproachtoscreeningstocks“fundamentally”isadvantageousto
your bottom-line
● Itisbesttokeepthescreeningprocessshortandsimpletoavoidwastedtimeand
energy. Use today’s institutional tools.

Relative Strength Analysis

● Thestockmarketsectorsandtheindustrygroupsthatmakeupthosesectorscancreate
a daunting task to sort through
● Whethersearchingforindexstocksorgrowthstock-astherearemegatradecandidates
- it is crucial your stocks lead their respective industry groups
● ThiscoupledwithindexSMTisgold.

199
Seeking Megatrades
The process in simple terms:

1. Anticipatenewearningsleaders
2. Planseasonaltendencyoverlapsannually
3. Referrodirectionofmajorstockindices
4. Performfundamentalscreening
5. Userelativestrengthtofilterleaderstocks
6. Useoptionpricesforpapertradestoo
This is an overview that will be refined in detail in the August PDF
files for Stock top Down Analysis

Stock Resources
Barc1hat.co
Inve.storsdaily.com
2
.
ICT Mentorship Core Content - Month 11 - Bond Mega-Trades (EP 4)

Seasonal Tendencies
● Seasonaltendenciesareimportantformegatradeselectionsaswell
● Wehavecoveredallthesalientseasonaltendenciesforeachmarketandassetclasses
● Theseasonaltendencymayormaynotbeafactoronallexplosivemoves-butmost
tend to be in alignment with this market phenomenon.

200
Interest Rate SMT
● Thetreasurybondmarketisroutinelya“trending”markethistorically
● Whenseekingmegatradesinbonds-itiscrucialtorefertothe5year,10yearnotes
comparably with the 30 year bond market
● Thisapplicationof“relativestrength”analysiswillaidintimingwhenthesmartmoney
actually steps in and buys the bond market in large magnitude.

Seeking Markets
The Process in Simple Terms

1. WaitforMAY-JUNbondlow
2. Identifyinstitutionalorderflow
3. Allowbondstomovetodiscount
4. PerformdailyscansforSMT
5. Iflongerentry-anticipatefallhighs
6. Donotovertradebonds-trend
*This is an overview that will be refined in detail in the
August PDF files for stock top down analysis.

201
 ICT Mentorship Core Content - Month 12 - Long Term Top Down Analysis (EP 1)

Focus of this Episode

1. Determinetheimpactofthemonthly
perspective on an asset or market
2. IdentifythedirectionalbiasfortheHTF
monthly chart.
3. ClassifythePDArraysaccuratelyto
assist in key levels.
4. Completeaninstitutionalanalysisona
monthly basis.
Transpose this to the weekly chart.

Long Term Top Down Analysis - Step 1 (Seasonal Tendency)

1. Startwiththecalendarmonthweareinorabouttobegin
2. Refertotheseasonaltendenciestaughtinthisprogram
3. Noteverymarketorassetclasswillhaveaseasonalnow
4. I want to focus on the markets that - “historically” at that some time of year - will likely
move in similar fashion
5. The seasonals are specific and have been delivered for the four asset understudy these
past 12 months

Long Term Top Down Analysis - Step 2 (Quarterly Shifts)

1. I refer to the long term 9 - 18 months trend in the market
- Ifthedirectionisbullish:Ijustifywhythenextquarterlyshiftmightbeabuy
- Ifthedirectionisbearish:Ijustifywhythenextquarterlyshiftmightbeasell
2 Avoid trying to pick the end of the 9 - 18 month trend
. Long term trends tend to remain in place for some time.
3 If the 9 - 18 month trend is not clear or consolidation - I will elect to anticipate the
. direction of the previous 3-4 months' direction to reverse.
4
.
LongTermTopDownAnalysis-Step3(InterestRateDifferentials)
1. I use websites like investing.com to locate and compare central bank interest rates for
differential trades (investing.com/central-banks)
2. I look for high rates to pair with a low rate country to form a Forex Pair to adopt a
“fundamental” bias.
3. Ideally, both seasonal tendency and quarterly shift expectations are in alignment with the
interest rate differential trade idea. It may not; all three should agree.

202
Long Term Top Down Analysis - Step 4 (Market Structure)
1. CurrentmarketstructureIclassifyrecenthighsandlows
2. Icomparetherelationshiptothehighstorecenthightodetermineifalong-intermediate
- short term high is in control of price presently
3. Icomparetherelationshiptothelowstorecentlowstodetermineifthelong-
intermediate - short term low is in control of price presently.
4. Tradesselectedinthedirectionofthecurrentmarketstructurearegoingtobefavoredin
my analysis.

Long Term Top Down Analysis - Step 4 (Intermarket Analysis)

1. If I have a bullish market structure determined in my market of interest:
- Ilookforintermediateanalysistosupportthisideainpositivelycorrelated
markets and opposed to it in negatively correlated markets
- Example-BullishDollar-WeakGoldMarketTechnically
2. If I have a bearish market structure determined in my market of interest:
- Ilookforintermarketanalysistosupportthisideainpositivelycorrelatedmarkets
and opposed to it in negatively correlated markets
- Example-BearishEuroDollar-StrongDollar

Long Term Top Down Analysis - Step 5 (Market Profile)

1. Is the market under study - consolidating?
- IfYES:expansionsarelikelytoshowevidencepriortobreakout
- IfNO:trendmightbereachinganextreme-retracementlikely
2. Is the market under study - trending?
- IfYES:lookforcontinuationtrades-avoidtheTopandBottompick
- IfNO:lookforsignstosupportadirectionbreakout-intermarket.
3. Is the market under study - retracing?
- IfYES:lookforsignsofcontinuationtrades-postretracement -
IfNO:determineifconsolidationortrending-useaboveideas

LongTermTopDownAnalysis-Step6(PDArrayMatrix)
1. OnceIarriveataportionofpriceactionIwishtoanalyze-Ibreakdowntheselected
price range into premium and discount.

203
 2.Not every price range will have every possible premium and or discount array. I just note
the ones obvious in the price range. Both the premium and discount arrays.
3. Look to build potential trade ideas based on the PD Arrays and referring to all the
previous analysis points thus mentioned in this presentation.

Long Term Top Down Analysis - Step 7 (Key Price Levels)

1. Once I determine the portion of market structure I want to use for my trade ideas:
2. IroundeachPDArraytothenearest.10levelor.5level
3. The premium arrays above market price are rounded down to the nearest adjusted
number [calibration].
4. Thediscountarraysbelowmarketpriceareroundeduptothenearestadjustednumber
[calibration].

LongTermTopDownAnalysis-Step8(MonthlyBiasDefined)
After referring to Steps 1-7 arrive at a directional based analysis on the monthly timeframe -
which gets transposed to the weekly.

ICT Mentorship Core Content - Month 12 - Intermediate Term Top Down Analysis (EP 2)

Focus of This Presentation

1 Determine the impact of the weekly perspective on an asset or market
. Identify the directional bias for the HTF weekly chart
2 Classify the PD Array accurately to assist in key levels
. Complete an institutional analysis on weekly basis
3
.
4
.

Step 1 - Relative Strength Analysis

1. If the monthly analysis is not as helpful as I hope - I begin my weekly analysis with
relative strength analysis across all asset classes

204
 2. For commodities, currencies and stocks - I determine what markets lead ins strength by
failing to make lower lows and lead in weakness by failing to make higher highs
3 I look for stocks in the top 30 industry groups for strong stocks - ranked by IBD.
. I look for longs in commodities that lead their respective futures group with higher lows
4 relative to the others.
I look for longs in the currencies that fail to make lower lows relative to other currencies.
5..

Step 2 - Commitment of Traders

1. I look for the commercials to be at 12 month or 6 month extreme in net holdings. I also
sort makes that are at 2 and 4 year extremes.
2. Using my proprietary COT Hedging Program concept - I look for signs the commercials
are buying or selling a market.
3. I like to sort commodities that have extremely large net holdings compared to the future
group they are in.

Step 3 - Market Sentiment

1. Using headlines from financial publications like, Investors Business Daily, Barron’s, WSJ,
Bloomberg … I like to fade the “big story”.
2 I haunt the forums for “retail thinking” to further build my market sentiment opinion
. As a technical market sentiment reading I use a Williams %r indicator on the weekly
3 chart in periods of 20,14,10. I look for which more accurately overlaps with previous
important highs and lows. Nothing is perfect.
.

Step 4 - Market Profile

1. Is the market under study consolidating?
- IfYES:expansionsarelikelytoshowevidencepriortobreakout
- IfNO:trendmightreachinganextreme(retracementlikely)
2. Is the market under study trending?
- IfYES:lookforcontinuationtradesavoidtheTopandBottompicks
- IfNO:lookforsignstosupportadirectionbreakout(intermarket)
3. Is the market under study retracing?
- IfYES:lookforsignsofcontinuationtradespostretracement
- IfNO:determineifconsolidationortrendingusingaboveideas

Step 5 - Intermarket Analysis

1. If i have a bullish market structure determined in my market of interest
- Ilookforintermarketanalysistosupportthisideainpositivelycorrelatedmarkets
and opposed to it in negatively correlated markets
- Example:BullishPound=WeakUSDollarMarket
2. If i have a bearish market structure determined in my market of interest
- I look for intermarket analysis to support this idea in positively correlated markets and
opposed to it in negatively correlated markets
- Example: Bearish US Dollar = strong EURUSD

205
Step 6 - Market Structure
Current market structure I classify recent highs and lows
1. Likeonthemonthly-Icomparerelationshiptothehighsandtorecenthighsto
determine if a long - intermediate - short term high is in control of price presently
2. Likeonthemonthly-Icomparetherelationshiptothelowstorecentlowstodetermineif
a long - intermediate - short term low is in control of price presently
3. Tradesselectedinthedirectionofthecurrentmarketstructureandmonthlydirectional
bias - are going to be favored in my analysis.

Step 7 - Key Price Levels

Once I determine the portion of market structure I want to use for my trade ideas:
1. Likeonthemonthly-IroundeachPDArraytothenearest0.10levelor0.5level
2. The premium arrays above market price are rounded down to the nearest adjusted
number [calibration].
3. Thediscountarraybelowmarketpriceisroundeduptothenearestadjustednumber
[calibration].

Step 8 - End with a Weekly Bias

Ater referring to steps 1-7 you should end with a weekly bias. Transpose this to the daily
timeframe.

ICT Mentorship Core Content - Month 12 - Short Term Top Down Analysis (EP 3)

Focus of this Episode

1 Determine the impact of the daily perspective on a given asset or market
. Identify the directional bias for the HTF daily chart
2 Classify the PD Arrays accurately to assist in key levels
. Complete an institutional analysis on a daily basis
3
.
4
.

206
Step 1 - Commercial Hedging
1. In the process of developing an opinion of Smart Money and their respective actions in
the market - I refer to the last 12 months of the commercial hedgers commitment of
trades net holdings (6 months if narrow range).
2. I determine the highest and lowest readings in the COT line chart and then visually
divide that range in half.
3. I consider their net position bullish if above the halfway mark of the 12 month range and
bearish if below the halfway mark of the 12 month range.

Step 2 - Open Interest

1. Oncemyanalysistakesmeintothedailytimeframe-Iconsidertheuseofopeninterest
2. Iwanttoseeopeninterestdeclineabout15%ormorewhenpriceistradingataHTF
discount array - bullish.
3. Iwanttoseeopeninterestincreaseabout15%ormorewhenpriceistradingataHTF
premium array - bearish.
4. In between either of the above conditions - open interest is not considered in my
analysis.

Step 3 - Institutional Order Flow

1. Whenthemonthlyand/orweeklytimeframeisbearish-Iwanttoseethedailyfinding
resistance at up close daily candles and breaking through down close daily candles - this
is bearish.
2. Whenthemonthlyand/orweeklytimeframeisbullish-Iwanttoseethedailyfinding
support at down close daily candles and breathing through up close daily candles - this
is bullish.
** The daily order flow is the most important to know.

Step 4 - Weekly Profile

1. Whenthemonthly,weeklyorjustthedailytimeframesuggeststhemarketisbearish-I
start looking for scenarios that might produce specific bearish weekly profiles.
2. Whenthemonthly,weeklyorjustthedailytimeframesuggeststhemarketisbullish-I
start looking for scenarios that might produce specific bullish weekly profiles.
3. Keep in mind the weekly range typically forms between Tuesday and Thursday. Using
the calendar for drivers will assist but there is no cookie-cutter one way that fits all here.
See March content for details. I dial in one the weekly open for power of 3 - influences
on the weekly range.

Step 5 - Intermarket Analysis SMT

1. If I have a bearish market structure determined in my market of interest
- Ilookforintermarketanalysistosupportthisideainpositivelycorrelatedmarkets
and opposed to it in negatively correlated markets.
- Example-BullishPound-WeakUSDollarMarketTechnically
2. If I have a bearish market structure determined in my market of interest

207
 - Ilookforintermarketanalysistosupportthisideainpositivelycorrelatedmarkets
and opposed to it in negatively correlated markets
- Example-BearishUSDollar-StrongEuroDollarTechnically
Scan for SMT Divergence to confirm an opinion on price.

Step 6 - Market Structure

Current market structure I classify recent highs and lows.
● IscanforHTFdiscountarraysthatmightpresenttheformationofmarketmakerbuy
models. This will stage multiple entries for longs on the lower time frames.
● IscanforHTFpremiumarraysthatmightpresenttheformationofthemarketmakersell
models. This will stage multiple entries for shorts on the lower time frames.
● Ilookforbreakersinthedailytimeframemorethananyother.Knowingwheretheseare
can alert you to the next intermediate term price swing.

Step 7 - PD Array Matrix

● OnceiarriveataportionofpriceactionIwishtoanalyze-Ibreakdowntheselected
price range into premium and discount
● Noteverypricerangewillhaveeverypossiblepremiumandordiscountarray.Ijustnote
the ones obvious in the price range. Both the premium and discount arrays.
● IwilllooktobuildpotentialtradeideasbasedonthePDArraysandreferringtoallthe
previous analysis points thus mentioned in this Daily to H4 presentation.

Step 8 - Key Price Levels

● OnceIdeterminetheportionofmarketstructureIwanttouseformytradeideas:
● Likeontheweekly-IroundeachPDArraytothenearest0.10levelof0,5level
● Thepremiumarraysabovemarketpriceareroundeddowntothenearestadjusted
number [calibration]
● Thediscountarraysbelowmarketpriceareroundeduptothenearestadjustednumber
[calibration].

Step 9 - Daily Bias

After referring to steps 1-8 you should come to a daily bias. Transpose the daily bias onto the 4
hour timeframe.

ICT Mentorship Core Content - Month 12 - Intraday Top Down Analysis (EP 4)

Focus on This Episode

1. Determinetheimpactofthe4Hperspectiveonagiven
asset or market
2. IdentifydirectionalbiasfortheHTFintraday4Hchart
3. ClassifythePDArraysaccuratelytoassistinkeylevels
4. Completeaninstitutionalanalysisona4Hbasis.

Note: All monthly - weekly - daily is included

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Step 1 - Day of Week
1. Usingthepreviousdaily,weeklyandmonthlyanalysis-Ilookforreasonstotradeinthat
HTF directional bias
2. IfIambearishfromtheHTF-IlookforshortsonMondays,TuesdayandWednesdays.
3. IfIambullishfromtheHTF-IlookforlongsonMondays,TuesdayandWednesdays.
If I am expecting the MTW influence and it does not materialize - I look for late week scenarios
on Thursday and or Friday. The economic calendar will assist in this.

Step 2 - IPDA True Day

1 I look for setups from the HTF Analysis within the hours defined by true day
. The bulk of the daily volume will be between 3:00am to 10:00am
2 I want to either position myself correctly ahead of this window or during the first half of it.
. After NYO - I have to lower my expectations and be content with smaller objectives
3 intraday.
.
4
Step 3 - Time of Day ICT Killzones
1.. Utilizing the HTF Analysis - I will look for a trade setup in the London Open Killzone. I am
for the low of the day when the HTF is bullish. If I fail in London - I look for a NYO setup
to reposition or get a position.
2.Utilizing the HTF Analysis - I will look for a trade setup in the London Open Killzone. I am
for the high of the day when the HTF is bearish. If I fail in London - I look for a NYO
setup to reposition or get a position.
3. I look to collapse the bulk or all my intraday positions starting in the 10:00am to 11:00am
NY Time window.

Step 4 - Central Bank Dealing Range (CBDR Deviations)

1. When the HTF analysis suggests I should be bullish - I will use -1,-2 oe -3 STD ot eh
CBDR for long entries
2. Ilookfor15to60minutediscountarraysthatoverlapwiththeseSTDstodetermine
which I will frame my entry on.
3. WhentheHTFanalysissuggestsIshouldbebearish-Iwilluse+1,+2or+3STDofthe
CBDR for short entries.
4. Ilookfor15to60minutepremiumarraysthatoverlapwiththeseSTDstodetermine
which I will frame my entry on.

Step 5 - Asian Range

1. If my HTF analysis is bullish - I will look to entry long below the asian range high -
preferably under the low.
2. If my HTF analysis is bearish - I will look to entry shorts anova the asian range low -
preferably above the high.
3. If I am bullish - I expect the asian range high to be retested - for my entry or adding to
open positions long.
If I am bearish - I expect the asian range high to be retested for entry or adding to open
4.
positions short.

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 5. For daily range projections - look for STD to overlap with CBDR for low and high of the
day.

Step 6 - Flout and CBDR + Asian Range

1. If I am bullish - I look for overlapping in the total range of the CBDR and Asian range that
has been divided in half as 1 STD.
2. Looking for confluences of FLOUT -STD and CBDR and AR with discount arrays on the
60 minute to 15 minute for ideal entries
3. If I am bearish - I look for overlapping in the total range of CBDR and asian range that
has been divided in half a 1 STD.
Looking for confluences of FLOUT +STD and CBDR and AR with premium arrays on the
4.
60 to 15 minute for ideal entries.

Step 7 - Intraday Profiles

1. WhenIambearish-IlookforhighofdayinLondon
2. WhenIambullish-IlookforlowofdayinLondon
● WhenIambearishandthe4Hhasnotyettradedtoadiscountarray-Iexpect
NYO to continue lower.
● WhenIambullishandthe4Hhasnotyettradedtoapremiumarray-Iexpect
NYO to continue higher.
See April content for more specific intraday profiles.

Step 8 - PD Arrays Key Levels

1. Once i determine the portion of market structure I want to use for my trade ideas:
2. Likeontheweekly-1roundeachPDArraytothenearest0.10levelor0.5level
3. The premium arrays above market price are rounded down to the nearest adjusted
number [calibration].
4. Thediscountarraysbelowmarketpriceareroundeduptothenearestadjustednumber
[calibration].

Step 9 - ADR Projections

1. I use a 5 day average daily range to help me determine possible intraday range
extremes for a single day
2. If I am bullish - I look for the market to trade to the ADR high. If broken - I use the Fib on
the ADR range high and low for 1.27% and 1.62% extensions as targets.
3. If I am bearish - I look for the market to trade to the ADR low. If broken - I use the Fib on
the ADR range high and low for 1.27% and 1.62% extensions as targets.

Patterns for Consideration

● As a technical trader - we only need one setup or “pattern” to trade on
● I will share a few with you in the coming slides to illustrate the simple yet effective
approach can be - only searching for one setup for speculation in your Demo Account
Practice.

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 ● These are by no means possible patterns for use of this mentorship. I include my
personal favorites and a few others to stimulate your interest and inspiration.

ICT Bullish Pattern #1

Condition
- HTF Bullish
Stage
- Price bounce off HTF discount array. Impulse swing
creates a FVG near the swing low. A short term low
forms in the market structure and fails to rally higher
after EQH or higher high is formed. Price drops down
- into the FVG and under the short term low forming
after the impulse swing forms. Sell stops are
triggered - Smart Money uses Offset Accumulation
to pair long entries with sell stop raids. Discount
entry.

ICT Bullish Pattern #2

Condition
- HTF Bullish
Stage
- Price bounces prior to HTF discount array. Price
drops lower into the anticipated HTF discount array
and raids sell stop liquidity pool.
- Sell stops are triggered - Smart Money uses offset
accumulation to pair long entries with sell stop raids.
Discount entry. ICT Turtle Soup Entry.

ICT Bullish Pattern #3

Condition
- HTF Bullish

Stage
- Price bounce prior to HTF discount array. Price drops
lower into the anticipated HTF discount array and
raids sell stop liquidity pool.
- Sell stops are triggered - Smart Money uses offset
accumulation to pair long entries with sell stop raids.
Discount entry. ICT turtle soup entry.

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 - If I missed the lower entry on turtle soup long - I wait for the bullish breaker to entry long.
Or If I have long on and wish to pyramid my original entry - the bullish breaker provides
the stage for my entry.

ICT Bearish Pattern #1

Condition
- HTF Bearish
Stage
- Price bounce off HTF premium array. Impulse swing
creates a FVG near the swing high. A short term high
forms in the market structure and fails to drop lower
after EQL or lower low is formed.
- Price rallies up into the FVG and above the short
term high forming after the impulse swing forms. Buy
stops are triggered - Smart Money uses Offset
Accumulation to pair short entries with buy stop raids.
Premium entry.

ICT Bearish Pattern #2

Condition
- HTF Bearish
Stage
- Price bounces prior to HTF premium array. Price
rallies higher into the anticipated HTF premium array
and raids buy stop liquidity pool.
- Buy stops are triggered - Smart Money uses offset
accumulation to pair short entries with buy stop raids.
Premium entry. ICT Turtle Soup Entry.

ICT Bearish Pattern #3

Condition
- HTF Bearish

Stage
- Price bounce prior to HTF premium array. Price rallies
higher into the anticipated HTF premium array and
raids buy stop liquidity pool.

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- Buy stops are triggered - Smart Money uses offset accumulation to pair short entries
with buy stop raids. Premium entry. ICT turtle soup entry.
- If I missed the lower entry on turtle soup long - I wait for the bearish breaker to enter
short Or If I have shorts on and wish to pyramid my original entry - the bearish breaker
provides the stage for my entry.

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