Lecture Notes: One Shot, One Kill Trading Model

Overview

• Lesson 8 of the short-term trading module for ICT mentorship.
• Focus on "One Shot, One Kill" trading setups.
• Last content for March.

Requirements

• Macro Conditions: Understanding of macro conditions is essential.
• January Lessons: Proficiency in these is required.
• IFTA Data Ranges: Look back at the last 20, 40, 60 trading days.
• PDA Ray Matrix: Application to time and price.
• Position and Swing Trading Concepts: Understanding from previous modules.
• ICT Short Term Trading Tutorials: Available on the ICT website.
• Power 3 Concept: Applied to weekly candles or ranges.
• Intraday and Day of Week Concepts: High/low formation between Monday to Wednesday.
• Fibonacci for Targeting: Understanding correct price points and entry times.
• Seasonal Tendencies: Impact on directional setups.
• COT Analysis and Commercial Hedging: In-depth understanding required.

Mentorship Approach

• Designed to fill gaps in free tutorials.
• Emphasis on understanding procedural use of information.
• Importance of revisiting free tutorials for foundational knowledge.

Procedural Approach

• Identify current or potential quarterly shifts.
• Evaluate higher time frame PD arrays in IPTA data ranges.
• Analyze interest rate differentials and market profile.
• Use swing analysis from higher time frames down to 60-minute charts.
• Anticipate specific weekly profiles and market maker manipulation templates.
• Determine premium and discount ranges in price action.
• Use Fibs converging with opposing PD arrays for trades.

Case Study: Eurodollar

• Setup: Expected highs and lows of the week.
• Commercial Activity: Tracking commercial traders' net positions and seasonal tendencies.
• Technical Alignment: Aligning technicals with seasonal tendencies.
• Market Analysis: Utilize intermarket analysis for confirmation.

Conclusion

• Practice and Application: Importance of practicing and using concepts.
• Review of Teachings: Encouragement to revisit all lessons and tutorials.
• Integration into Trading: Building a procedural understanding from high-level to detailed analysis.
• Ongoing Learning: Continuous review and practice of concepts for mastery.