Here’s a concise summary of the ICT livestream:
– Logistics: Host apologized for oversleeping, noted YouTube translation delays, and joked about dogs distracting him during the stream.
– Trading approach and tools: He emphasizes trading visual order-flow concepts—inefficiencies, fair value gaps (FVGs), wicks, PD arrays, octants/quadrants—and prefers watching bodies vs. wicks, using higher timeframes (5-min vs 1-min) to clear “time distortion.” He criticizes black‑box indicators and level‑2/footprint reliance, urging traders to learn real price mechanics.
– Short-term trading stance: Current market conditions are volatile and manipulated; he recommends surgical, short-duration trades or sitting out. He won’t teach aggressive “one-shot, one-kill” approaches until conditions return to being more predictable.
– Macro calendar and risk: CPI/PPI and Fed minutes are imminent and likely market-moving. He warns these events produce quick, violent moves and advises strict risk management and low leverage.
– Market views (selected instruments):
– EUR/USD and GBP/USD: Trading within daily inefficiencies; bias to lower if price remains in the lower half of ranges, but chop could persist.
– NASDAQ / MNQ: Shows intra‑day manipulation signatures; opening‑range midpoint and FVGs are key reference levels.
– Crude oil: Bullish bias; expects event-driven volatility and possible stop‑cleaning moves before strong upward continuation.
– Gold/silver: Neutral-to-down until key PD arrays are taken out; would need clear breaks above specific levels to turn bullish.
– Grains/agricultural commodities: He expects these to be a major bullish theme later (months ahead) due to fertilizer/supply shocks—important to study as they affect real demand.
– Bitcoin/crypto: He is skeptical of crypto’s long-term value and states a personal bearish view (even extreme calls like “to zero”) and is not actively trading it.
– Broader themes & warnings: Expects 2026 to be a particularly difficult trading year with increased manipulation and severe drawdowns for ill-prepared traders. Recommends preparing households (supplies) as macro shocks could be severe. Cautions against hyped social-media traders and easy-money narratives.
– Tone and closing: Stern, precautionary advice—protect capital, be selective, study institutional order‑flow logic. He hopes to be wrong about the worst-case scenarios but insists traders must plan for them.
1) What did ICT say about trading around CPI and PPI news?
A. He likes to predict the exact move before the reports
B. He avoids being ahead of the marketplace on those reports and waits for the market to reveal its direction
C. He ignores the reports completely and never trades afterward
D. He says CPI and PPI are always bullish for all markets
2) What did ICT say about crude oil’s likely direction?
A. He expected crude oil to go lower immediately
B. He thought crude oil was likely to go higher
C. He said crude oil had no clear technical setup
D. He said crude oil would remain flat for months
Answer Key:
1) B Evidence: “I don’t care about the data. I don’t care where it’s going to go. I’m just thankful it’s going to go somewhere. And then after a few minutes, then I’ll go in and I’ll start looking for setups…”the market will continue moving lower.”
2) B Evidence: “So we have higher prices in order for crude oil. I think it’s it’s very tricky for like doing short-term trading… I’d be looking for a lot of shenanigans, a lot of manipulation… but I would like to see it… go higher.”
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