Summary
Highlights
ICT welcomes new students and guides them on where to start with his extensive video content. He recommends beginning with the Market Maker Primer Course, Market Maker Series, Pattern Recognition Series, then Geometry High Probability Scalping, and Scout Sniper Basic Field Guide before diving into the core monthly content.
The 2023 mentorship will primarily focus on index futures trading (ES and NQ), with daily macro-view bias shared. Two live streams per week will demonstrate real-time algorithmic price delivery on 1 and 5-minute charts, not as a signal service, but for educational purposes. These 2-hour sessions will be uploaded for those unable to attend live.
Subscribing to ICT's official Twitter account is crucial for schedule changes and important alerts. He clarifies that he will not use Telegram, Instagram, or Discord, and will never DM. All 2023 content will be free, with the exception of four upcoming books (one fiction, three educational) which will serve as his 'final soiree' in paid mentoring.
ICT reviews his December 30th PM session trade on ES, highlighting a sped-up version and a real-time playback at 0.25 speed. He demonstrates the authenticity of the live data by showing his system time matching the TradingView platform's data. He encourages viewers to refer to his Twitter thread for pre-market analysis and levels.
ICT explains the concept of an 'inside day' based on Thursday's high and low for Friday's trading. He differentiates between narrative (how the day will trade) and bias (directional trading). He defines liquidity as sell stops below old lows and buy stops above old highs, and discusses inefficiencies and liquidity voids like the Buy Side Imbalance Sell Side Inefficiency (BISISI).
He stresses the importance of setting TradingView's time settings to New York time for accurate analysis, regardless of global location. This is crucial for alignment with his approach and the market's algorithmic delivery, especially for index futures.
Focusing on the PM session (3-4 PM EST), ICT outlines how to find 'five-handle' moves. He explains the market's algorithmic drive towards liquidity pools, specifically referring to the 3864 buy-side liquidity pool he identified on December 30th. He clarifies that market rallies are algorithmically driven, not solely by buying pressure, and debunks the 'short covering' explanation as a default outcome rather than a primary driver.
He details his entries within the PM session, using the 60-minute fair value gap as a support level and demonstrating extreme precision. He showcases how price exactingly rebalances and moves without falling prey to retail trading concepts, emphasizing that the market's behavior proves the existence and predictability of its algorithm.
ICT advises new traders against reversing positions if their initial analysis is wrong; instead, they should observe or wait for the next session. He warns against falling for 'broken wing tricks' by the market and encourages a patient approach. He also criticizes instructors who teach 'smart money concepts' without proper understanding or crediting his original work, asserting his authority as the author of these concepts.
During upcoming live sessions, ICT will focus on annotating 5-minute and 1-minute charts, with all reference points pre-marked. He will not execute live trades himself to avoid influencing others or appearing to 'front-run,' having already demonstrated profitability in a live account in 2022. He prepares students for the consistent analysis that will begin on February 7th, 2023, while emphasizing the importance of diligence and continued study of previous materials before then.