EPISODE 3 ICT MENTORSHIP 2022 EP3 Summary Please, refer to ICT original content In this episode 1. Rules of the trades & definitions 2. Homework review 3. ICT trading live There is a right moment to trade and other Rules of *our* games times to watch the price forming highs/lows Always set up your charts to NY local time 3 daily sessions (London, NY and Asian) are useful to check the price levels (resistance) that will then be swiped up / taken away London session from 2am to 5am NY session from 7am to 10am Asian session from 7pm to 10pm ICT does not trade between 12 and 13:30 NY local time Checklist when trading ICT strategy It needs to go with the trend 15min for buy-sell side liquidity pool zones Mark out zones to know where liquidity is Download PDF version in the description Wait for stop-hunts Get to low timeframe for confirmations Wait for the gap & buy on the pullback Stop loss above the retracement wick of the value gap for good risk management Take profits beneath/above liquidity levels Homework review Let's review what we see in this chart Homework review 15 min Where you see the esclamation points (!) is where it is likely that we see a *shift* in market structure, so we look closely in a shorter time frame Homework review 2 min Here (arrow) we see a swing-high forming, then the price taps into a liquidity pool, then the market takes away the swing-high just formed = break in market structure Significant because we took out liquidity from the marketplace, and this is the moment in which the price will start searching for the liquidity on the opposite side zoom in Homework review 2 min FVG First we want to see if a FVG will be formed on the following candle to the one that breaks the structure (red arrow). FVG forms and it runs up right away! zoom in Homework review 2 min The same happens later but in the opposite direction Find here the candle the broke the structure, the FVG, monitored and the candle after it to be a few definitions Internal range liquidity = looking for short term lows or highs inside a price-leg that we are retracing back Download PDF version in the description into Order block = change in the state of delivery of the price TradingView ICT Broker Example of ICT live-trading in green and in red the FVG ICT expects the price to first go into the green FVG and tap into it. And then to go to the red FVG Example of ICT live trading We expect the price to go first to the green, then to the red We do not know if the price will get even to the green arrow FVG - so we could enter when it hits the green-box FVG ICT enters the trade when the price is here: Then you wait - this is scary! Watch the chart, not the numbers/ profit/ loss It is possible that the price touches again the FVG where we entered, but it should not go lower than the green-arrow FVG He closes the trade here: ICT MENTORSHIP 2022 Summary of episode 3 Link in the description below @aviona.forex Was this useful? Follow my journey LINKS to all the MATERIAL YouTube https://linktr.ee/avionaforex https://www.youtube.com/c/AvionaForex
