Summary:
– ICT reviews end-of-week price action and emphasizes a trading concept he calls “immediate rebalance” — a price delivery behavior (PD Array) he codified — which recently hit his target precisely on the dollar index and signaled directional moves.
– Dollar strength (immediate rebalance) translated into clear selling opportunities in dollar-quoted FX pairs (EUR/USD, GBP/USD, AUD/USD, etc.); EUR/USD and GBP/USD behaved largely as he expected.
– Technical themes he repeatedly uses: fair value gaps, consequent encroachment (50% midpoint of wicks), rejection blocks, discount/ premium wicks, order blocks, volume imbalances, and gradient levels (quadrants/octants). These guide entries, targets and invalidation.
– Commodities: crude needs a close above the wick midpoint to confirm a run higher; gold remains range-bound with possible lower pullback; silver he expects could be manipulated lower (cites historical precedent) and may fall quickly if key levels break.
– Equity futures (micro E-Mini S&P and micro Nasdaq): he anticipates a weak Sunday open (gap down) and continuation lower toward prior lows; recommends using micro contracts and paper/demo trading given current volatility.
– Trade example: he discussed a micro trade where market structure, fair value gaps and discount wicks informed entry/stop management; TradingView paper-trading glitches limited his ability to modify stops.
– Practical advice and risk notes: use demo/micro to practice, don’t rush to trade live, be cautious over the weekend due to geopolitical risk, and allow trades room to breathe in volatile markets.
– Mentorship/philosophy: he positions himself as a price-action teacher who shares concepts freely, defends his methodology against critics, stresses discipline and study, and encourages community learning rather than drama.
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