ICT Mentorship Final Lecture

Overview

• Focus on ICT short-term top-down analysis from 4 hours to 5 minutes.
• Aim to determine the impact of the 4-hour perspective, identify directional bias, classify PDA rates, and conduct institutional analysis.

Analysis Approach

1. Day of the Week
   • Start analysis on a four-hour chart, considering the day of the week.
   • Often begin with weekend analysis, observing potential gaps and movements.
2. Inclusion of Monthly, Weekly, Daily Analysis
   • Analyze profiles and templates for specific days.

Key Concepts

• IPTA True Day: Focus on setups within True Day hours.
• Kill Zones: London Open, New York Open, London Close, Asia for potential trade setups.
• Central Bank Dealers Range: Incorporate range and look for standard deviations.
• Asian Range: Look for deviations relative to highs and lows.
• Flout: Combination of the Asian range and central bank dealers range.

Intraday Profiles

• Determine price action patterns based on intraday models.
• Utilize PDA raise to identify key levels for entry and targets.

Time Frame Considerations

• Transition from 4-hour to 1-hour, 30-minute, 15-minute, and 5-minute charts.
• Emphasis on finding fair value gaps in lower time frames.

Day and Weekly Influences

• Look for trading opportunities in the context of high time frame biases.
• Adapt strategies for late-week scenarios if early-week expectations are unmet.

True Day and Kill Zones

• Position trades within the defined True Day window.
• Utilize specific kill zones for strategic entries and exits.

Central Bank Dealers Range Deviations

• Use deviations for long/short entries based on higher time frame analysis.
• Incorporate 15-60 minute arrays to frame entries.

Asian Range Strategy

• Enter trades relative to Asian range highs/lows based on higher time frame biases.

Daily Range Projections

• Use standard deviations to predict daily highs and lows.

Intraday Profiles and Scenarios

• Monitor intraday profiles for potential day highs/lows in London or New York sessions.
• Use 4-hour premium/discount arrays for New York session reversals.

Key Levels and Daily Range

• Define market structure for trade ideas using PDArrayMatrix.
• Project daily range extremes for informed trading decisions.

Patterns and Execution

• Focus on single patterns for consistency and confidence.
• Execute based on higher time frame analysis.

Common Patterns

1. Bullish Patterns
   • Pattern 1: Fair value gap play.
   • Pattern 2: Turtle soup (external range liquidity).
   • Pattern 3: Use of bullish breakers for re-entry.
2. Bearish Patterns
   • Pattern 1: Fair value gap play.
   • Pattern 2: Turtle soup.
   • Pattern 3: Use of bearish breakers for re-entry.

Summary

• Analyze using a predefined structure and be flexible with time frames.
• Utilize multiple deviations and arrays for accurate market predictions.
• Consistency and focus on one pattern are key for successful trading.

This lecture emphasizes a structured approach to trading using ICT concepts, providing a framework for analysis and strategy in different market scenarios. The lecture reinforces the importance of thorough analysis and the integration of multiple technical aspects to form a cohesive trading strategy.