ICT Mentorship EP4 Summary

EPISODE 4
ICT MENTORSHIP 2022

EP4
Summary
Please, refer to ICT original content
In this episode
1 example (of 2)
Step by Step process
Process summary
Journaling
Step 1
E-mini S&P 500 futures
Open your own chart for: Wednesday, January 26th 2022
Trading View - link in the description below, it is free!
Set it up at 2 minutes
In your lower left corner you should have the minimum
price level (which happened at around 2:30am). This low
is important!
You should be able to see the low and the high of that
specific day.
That is our range! From low to high.
First thing to do is to find the Equilibrium price point - the
mid range - how do we do that?

The Equilibrium price point of a day is simply the
mid-point of the price range in that specific day.
Step 2 The middle point.
Equilibrium
To find it precisely, we
can use the Fibonacci
Retracement (also a
tool on Trading View,
found on the left of
your chart)
Step 3
The story of the price
Now, no rush, and let's focus on the story that

the price is trying to tell us
look at the price from the lowest point to the

highest
A) The price gets pushed up, it forms quite a

few highs, it gets pushed into the premium.
B
A
A
Equilibrium
Now, no rush, and let's focus on the story
that the price is trying to tell us
B) It gets really expensive. And it is in an

interesting time frame for us..
C) We want to wait and see:

1. Is the price gonna break down below the old
high levels? --> Yes! It does!
2. Does it create a Fair Value Gap (FVG) in this
break? --> No! It doesn't!
(Which means that we do NOT enter!)
B
A
A
C
A
Equilibrium
zoom in - point C
D) the price rallies up one more time.

1. Is the price gonna break down below the old
high levels? --> Yes! It does!
2. Does it create a Fair Value Gap (FVG) in this
break? --> YES! (red circle)
And then, the price sells down at / below

Equilibrium.
D
B
A
A
C
A
Equilibrium
E) The price touches the point, below

Equilibrium, where we can see an old low price
level (the purple dotted line in the graph)
D
B
A
A
C
A
Equilibrium
E
ICT Markups
We take a look to
the blue area -
zoom in
At 8:30 in the morning, at a time that is

interesting for us, we see this high forming. It
starts the hunt!
1. The lightbulb, the candle where it forms
the FVG, signs a Bearish Market Structure
Shift. Why? Because it breaks underneath the
previous low.
2. Then the price trades lower, and then it deeps
into the FVG just formed.
FVG
Where would you enter the trade?
What would be your target?
Where would you enter the trade? (shorting)

Enter the trade where you get a "discount" -
when the price deeps into the FVG.
What would be your target? (take profit)

1. Look at old lows
2. Look where equilibrium is
Enter the trade
Possible
Target 1
Possible
Target 2
We have to do the work
It is not enough to have understood this
Journaling example!
Find YOUR OWN example

on TradingView

Follow the process described in these slides

(find PDF in link below)

And write down the answers to the following

questions...
To become good hunters (and traders) it is fundamental to understand
TIME.
We have to become "deer-hunters".

We first need to know how a "deer" looks like to be able to find it and
Journaling spot it.
Start in hindsight (replay button on Trading View) and use the 5

minute time frame.
First find a day in which the price was bullish (to copy exactly the
process, step by step, explained here by ICT. Repeat the steps.
answer the following questions.
Find a day that was bearish: could you repeate the same steps in a
similar way? Train!
QUESTIONS:
How long did it take for the price to go from the Shift in Market
Structure to the FVG?
How long did it take for the price to go from our entry to our target?
TO DO:
1. Find the low of that day.
2. Find the high of that day.
3. Mark the Equilibrium.
Step by Step 4. Find the highs (if you can spot the buy-side liquidity).
5. After a high that occurs at an interesting time, look and check: Is
(aka The Process) the price gonna break down below the old high levels?
6. (if the answer is yes) Does the price create a Fair Value Gap (FVG)
in this break?
7. (if the answer is yes) It is the time to look for an entry for a short
Example of extra content available for position.
free in PDF - link below 8. Sign the enter of your trade on the graph (we enter when the price
taps back into the fair value gap, we enter at discount).
9. Find a price target, take profit (old low in price, FVG, Equilibrium).
10. Journal / Screenshot it
QUESTIONS:
How long did it take for the price to go from the Shift in Market
Structure to the FVG?
How long did it take for the price to go from our entry to our target?

Keep going. Do not give up!

This is the Way.

2nd ICT example:
can you follow the steps
and the markings on your
own?
ICT MENTORSHIP 2022
Summary of episode 4

Link in the description below

@aviona.forex

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EPISODE 4

ICT MENTORSHIP 2022

Step by Step process

Open your own chart for: Wednesday, January 26th 2022

Trading View - link in the description below, it is free!

In your lower left corner you should have the minimum

price level (which happened at around 2:30am). This low

That is our range! From low to high.

First thing to do is to find the Equilibrium price point - the

mid range - how do we do that?

Step 2 The middle point.

Now, no rush, and let's focus on the story that

look at the price from the lowest point to the

A) The price gets pushed up, it forms quite a

B) It gets really expensive. And it is in an

C) We want to wait and see:

D) the price rallies up one more time.

And then, the price sells down at / below

E) The price touches the point, below

At 8:30 in the morning, at a time that is

Where would you enter the trade? (shorting)

What would be your target? (take profit)

Find YOUR OWN example

Follow the process described in these slides

And write down the answers to the following

We have to become "deer-hunters".

Journaling spot it.

Start in hindsight (replay button on Trading View) and use the 5

Example of extra content available for position.

Keep going. Do not give up!

This is the Way.

Link in the description below

Was this useful?

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