Lecture Notes: January 1st, 2023 – ICT Mentorship

Introduction

• Date: January 1st, 2023
• Speaker: ICT Mentorship (YouTube Channel)
• Main Topics:
  • Housekeeping for new subscribers and viewers
  • Recommended workflow for beginners
  • 2023 focuses: Index Futures Trading
  • Daily commentary and live streams
  • Usage of Twitter for alerts and updates

Housekeeping

• Platform: YouTube Channel (various playlists available)
• Common Question: "Where to begin?"
• Recommended Starting Playlists:
  • Market Maker Primer Course
  • Market Maker Series
  • Pattern Recognition Series
  • Geometry
  • High Probability Scalping
  • Scout Sniper Basic Field Guide
• Progression: Month 1 → Month 7 playlists (core content)

2023 Focus: Index Futures Trading

• Commentary: Daily, Monday through Friday
• Instruments Covered:
  • Forex: Dollar Index, Euro Dollar, British Pound
  • Index Futures: ES and NQ
• Materials Provided:
  • Daily chart bias from the speaker’s perspective
  • Intraday engagements on index futures
  • Live streams (two per week; up to two-hour sessions)
  • Real-time price feed education
• Disclaimer: Not a signal service; no trading in front of viewers

Twitter Usage

• Purpose: As a backup system and notification tool
• Location: Upper right-hand corner of the YouTube channel (official ICT Twitter)
• Content: Pinned tweets, economic calendar-related schedule, alerts
• Safety Note: Presence of fake ICT accounts (no Telegram, Instagram, Discord invites)
• Exclusive Focus: Everything is free; no upsells; future books are the only paid content

Review of Videos and Content Structure

• Recently uploaded two videos (PM session trade example; annotated and real-time versions)
• Clarification about real-time data (system time matching shown in the video)
• Example of a day's walkthrough (Dec 30th, 2022 last trading day example on TradingView)

Trading Analysis Example

• Friday's Trading Setup: Inside day expectation relative to Thursday’s range
• Market Conditions: Low institutional activity
• Key Concepts:
  • Sell-side liquidity below old lows
  • Buy-side liquidity above old highs
  • Liquidity voids and inefficient pricing
  • Fair Value Gaps (FVG)
• Four Hour Chart Explanation: Identified imbalances
• Hourly and 15-Minute Timeframes: Precision and expected movements
• Execution Highlight: Use of buy-side and sell-side inefficiency

Practical Trading Insight

• New Trader Guidance: Start with 2022 Mentorship (41 videos)
• Use of Fair Value Gaps (FVG): Seen across multiple timeframes (hourly, 15-min, 5-min)
• Live Trading Example: ES on Dec 30th, 2022
• Key Observation: Consistent market behavior with algorithmic patterns
• Expectation Management: New traders must remain patient and adaptive

Trading View and Timing

• Chart time settings: Always set to New York time
• Time Period Clarification: Daylight savings time considerations
• One Minute Chart Analysis: Final hour breakdown, setup observation
• Session Tips: Look for trades between 3 PM and 4 PM (New York Time)

Future Engagements and Observations

• Real-time Analysis Approach: Moving towards February 7th, 2023
• Preparation Period: Watch recommended playlists and subscribe to Twitter
• Learning Discipline: Emphasis on consistent small gains (e.g., five handles)

Algorithm vs. Traditional Analysis

• Speaker’s Stance: Markets are driven by algorithms, not buying/selling pressure
• Trade Precision: Example showing exact precision in market execution (e.g., liquidity at 3864)
• Final Guidance: Trust in the algorithm's behavior and regularly follow provided content

Conclusion

• Primary Channels: YouTube and Twitter for real-time updates and alerts
• 2023 Learning Path: Consistent engagement required for mastering the provided concepts
• Farewell Note: A wish for a Happy New Year and encouragement for rigorous learning