2022 ICT Mentorship Episode 16

We had relative equal lows and Daily OB+ (discount array) make it high probability for this level to be visited

We’re looking for a PO3 setup to go down into Daily OB+

1HR

30m

https://youtu.be/EpGQnhjXBq8?list=PLVgHx4Z63paYiFGQ56PjTF1PGePL3r69s&t=541

Explaining how to project swings with standart deviation

We should use wick’s to find our dealing range discount and premium

-1 STD below our level of interest got hit precisely

To the tick on respectable contract during that time (daily low)

15m provide the framework so we need to take higher tf into consideration

on 5m instead of waiting for this gap to be filled to enter - we should use 15m one as a narrative

1ST SETUP

2ND SETUP

3RD SETUP

Because of:

• Daily Objective Hit
• It’s the last day of the week (Friday)
• AM session has been super bearish

THERE WILL BE SOME TYPE OF RETRACEMENT FROM DISCOUNT TO PREMIUM

ICT suggests that Buyside Liquidity for the PM session is at that pink box because of the most energetic run to the HTF target has started there

Also it’s at premium when you look at it from the high that formed inside 15m SIBI right around the opening price

It was also a 1hr SIBI at premium on a larger scale

Smart money buys the extreme discount levels of the day to sell them to willing buyers at a higher price (in the form of Buy Stops)

PM Session Long

ICT called this blue shaded box a mitigation block (LOOK INTO THAT) Looked like a BB+ to me

2nd long opportunity

Old high is at the left of the chart that we can’t see here
AM session chart can show it

After the BSL target is reached we can see a retracement and even though this setup was there for a scalp short
I’d not rather taking this trade because it was Friday PM session

Same PA on a higher TF