– Quick personal aside about his wife shopping, then a brief, family‑friendly market review.
– Recap of prior analysis (end of March YouTube/Twitter Spaces): he expected a drawdown to relative equal lows with a possible intraday reversal, warned about May volatility/new Fed chair, and described targets that could accelerate to the relative equal highs if certain levels cleared.
– On the micro NASDAQ intraday, he walked through specific levels: Thursday high (~26,563), all‑time/contract high (~26,859), and the midpoint “event horizon” (~26,711). He also highlighted the regular‑trading opening‑range midpoint (consequent encouragement) and an 8:23 electronic low as short‑term draw targets.
– Streaming issues forced him to call and timestamp trades on X (Twitter); he asks followers to link those tweets to TradingView to verify the real‑time calls.
– Trade actions and rationale: he identified fair value gaps, order blocks, propulsion blocks and a “bolo” defensive PD Array, used these order‑flow visuals to go long in stages (multiple single‑contract adds), took partials at fair‑value gap extremes, raised stops, and was later stopped out by what he characterizes as a manual stop hunt (not algorithmic).
– Main claim: his technical framework (continuous contract, PD arrays, inversion fair value gaps, event horizon) produced accurate targets and worked this week; he defends his bullish positioning and rebuts critics who said he didn’t call it.
– Logistics and sign‑off: he’ll be off Monday for a long weekend, returns Tuesday, thanks his community, and signs off.
– Purpose: Quick market review before a live trading stream, focused on practical teaching for new traders (use Micro Nasdaq instead of minis to avoid excessive volatility and overleveraging).
– Market view and targets:
– Micro Nasdaq (MNQ) buy-side engaged; yesterday’s daily high was called live at 26,562.75 (claimed “to the tick”).
– Intraday objective ~26,711 (midpoint/event-horizon between liquidity pools); next larger target ~26,859.
– S&P (MES) smashed all-time highs; Nasdaq weightier but both strong.
– Dow target ~49,439 with potential acceleration intraday toward its all-time high.
– Technical approach and observations:
– Emphasis on price-action reads: opening price, high/low/close, fair-value gaps, opening-range gaps, “consequent encroachment,” discount/premium sensitivity, time-distortion accumulation, and using short timeframes (1-minute) for entries.
– He maps liquidity pools and uses an “event horizon” technique (0.5 midpoint) to project intraday targets.
– Warns Friday can produce odd behavior: moves during electronic hours might push through levels that close differently in regular hours.
– Commentary on market structure and credibility:
– Argues markets are algorithmically driven and “rigged” by market-making algorithms; claims dealers/algorithms drive price and hunt liquidity/stops.
– Defends his prior live calls and criticizes other commentators who deny algorithmic control or claim his results are cherry-picked.
– Practical notes: platform latency affected live order placement; he will call out entry/exit levels verbally when platform order entry is impractical.
Quiz
1. According to ICT, why was he looking at Micro Nasdaq instead of the mini contracts?
A. Because the micro contract has less volatility and is better for brand new students
B. Because the mini contract was unavailable that morning
C. Because the micro contract moves faster than the mini contract
D. Because he was only trading the Dow that day
Answer Key and Evidence
1. A
Evidence: “I’ve been focusing on teaching how brand new students should be watching price action… let’s be practical about this in the beginning… obviously I can trade minis, but for someone that’s brand new, it’s not advised because the volatility… Look at this. This is violent.”
– Morning livestream focused on trading the opening-range gap and fair value gaps (FVGs). The market opened with a premium gap above the prior regular-hours settlement, giving a short/bearish bias for the first 30 minutes.
– Key tactical concepts: identify inversion FVGs, use the opening price (9:30) and the regular-hours settlement to mark the opening-range gap, watch for consequent encroachment (half-gap) — ~70% probability of a move to the half-gap — and use a negative 0.5 projection outside the gap as a target if price breaches it.
– Practical execution: stage levels before open, wait for the first presented FVG, use if-then rules, and treat the first 30 minutes as the most important timeframe for morning context.
– Coaching philosophy: new traders should do many executions for ~4–8 weeks to desensitize to outcomes, study winning vs losing setups to identify repeatable signatures, and avoid shortcut-seeking. With experience, a 1:1 risk:reward model can be profitable. – Live-demo issues: the presenter experienced significant TradingView lag and poor fills, which interfered with entries and management — a reminder to use reliable execution platforms. – Behavioral advice: make trading enjoyable, keep clear parameters, and focus on disciplined observation and repetition rather than chasing shortcuts.
Quiz
1. What did ICT say about the first 30 minutes of trading? A. It is not important compared with the lunch session B. It only matters when using a 5-minute opening range C. It is highly important and gives the rhyme and reason for the morning session D. It should be ignored until the afternoon session
Answer Key with Evidence
1. C Evidence: “That first 30 minutes is going to give you the rhyme and reason for the entire morning session” and “The first 30 minutes of trading, highly highly important. That’s the opening range.”
ICT reviews an Asian-session trade they shared on X, explaining the setup, execution, and rationale. Working off a macro window around 9:50–10:10 and using daily as their highest actionable timeframe, they identified a key wick/premium area and an inversion/fair-value gap (FVG) as a higher-timeframe turning point. Dropping to a 1-minute chart they hunted a Turtle-Soup–style entry into two stages of buy-side liquidity, then used a bearish FVG to short into deeper liquidity pools. They recorded the entire trade live (not market replay) and posted it for verification. They scaled out with partials near the swing low and closed the remainder near the targeted liquidity; price later reclaimed the lower FVG and rallied. Main lessons: treat wicks/gaps and FVGs as important levels, combine higher- and lower-timeframe context, and manage entries/exits into liquidity.
– This was a live trading “drill” session meant as practice, not trade advice. The instructor repeatedly warns viewers not to copy these live examples with real money and to use demo/paper accounts for drills.
– Focus and method: working mainly on 1-minute charts with a sub‑1‑minute executable frame (15‑second) to practice entries into fair value gaps (today) and order blocks (upcoming). The aim is to learn how to spot small inefficiencies, liquidity pools, relative equal highs/lows, and consequent encroachment.
– Objective and trade sizing: treat drills like “leg day” — uncomfortable but necessary. Target small, low‑risk moves (roughly 10–15 handles), use a one‑for‑one model, place stops, and accept that outcomes don’t matter for the exercise.
– Mindset and psychology: primary goal is to desensitize to fear/need-to-be-right. Record emotional reactions, keep a journal, narrate and review your screens, and build repetition/experience rather than seeking instant profits or highlight trades.
– Market commentary: the session’s market was “sloppy,” choppy and fast, with decoupling between indices and occasional order-fill glitches on TradingView. Such hard conditions are exactly where practicing is most useful.
– Practical tips: do drills for short periods (15 minutes/day minimum), screenshot glitches/fills, record yourself narrating price action, focus on process not outcomes, and keep edge sharp by ongoing practice even after profitability.
– Final point: there are no shortcuts — consistent practice, honest journaling, and accepting short‑term failure are required to develop reliable trading skills.
Quiz
1. According to ICT, what should traders do when there is nothing on the chart to work with?
A. Enter anyway to stay active
B. Wait and do nothing
C. Increase position size
D. Trade the opening bell only
2. What did ICT say is the purpose of these drills?
A. To make money quickly
B. To build a highlight reel for social media
C. To practice participation in price action without fear or money pressure
D. To predict every market move correctly
3. What target range did ICT repeatedly say he was looking for in these drills?
A. 1 to 3 handles
B. 5 to 8 handles
C. 10 to 15 handles
D. 25 to 30 handles
4. What did ICT say about using live trading accounts for these drill examples?
A. They are meant to be copied directly into funded accounts
B. They should only be used on futures contracts
C. They are not trade entries to copy into live or funded accounts
D. They only work during the London session
5. What market condition did ICT say would make him reluctant to participate?
A. Clean price action with open traffic
B. Fast, loose, low resistance liquidity run conditions
C. Messy, choppy, range-bound price action with shared candle ranges
D. A market with large clean imbalances and expansion
Answer Key with Evidence
1. B. Wait and do nothing
Evidence: “So if you have nothing to work on, you sit still.” He also said, “If there’s nothing in the chart, don’t force it.”
2. C. To practice participation in price action without fear or money pressure
Evidence: “You’re just simply looking for something to engage with to get accustomed to the watching price action… You got to get that baseline foundation of experience. And don’t be afraid.” Also: “Drills are simply looking for small little participations in price action with no monetary hope of making money and no fear of losing.”
3. C. 10 to 15 handles
Evidence: “think about how, say for instance, 10 to 15 handles. Okay? So, that’s a really good small low-hanging fruit objective to look for”
4. C. They are not trade entries to copy into live or funded accounts
Evidence: “please don’t take these as trade entries for you to put on your funded accounts. Do not try to copy them for your live account trading. If you’re here to do that, I promise you I’m going to hurt you.”
5. C. Messy, choppy, range-bound price action with shared candle ranges
Evidence: “when the candlesticks are all parked next to each other it’s like you trying to go northbound or southbound on interstates. And it’s frustrating.” Also: “When it’s like that… you’re more prone to see a lot of continued consolidations.” He described it as “high resistance liquidity run conditions” and “very messy.”
Here’s a concise summary of the livestream content and main takeaways:
– Purpose: The session is a practice/drill demonstration—not trade advice. The instructor emphasizes using drills to build experience, desensitize to fear, and learn entry mechanics (like leg day in training).
– Timeframes & tools: Focus on the 1-minute chart with sub‑minute execution (15‑second) to practice entries, fair value gaps (today’s topic), and order blocks (scheduled for tomorrow).
– Approach to trades: Use paper/demo accounts only—do not copy live. Target small, repeatable objectives (roughly 10–15 handles) and use a simple 1:1 risk/reward stop model for drills.
– What to practice: Enter small, well-defined liquidity pools (gaps, imbalances, relative equal highs/lows, consequent encroachment/inversion fair value gaps), place stops, record outcome and emotions, then repeat.
– Mindset & risk management: Train indifference to outcomes—focus on repetition, not being right or making money. Journaling and recording trade narration help expose emotional issues and accelerate learning.
– Market commentary: Today’s market was messy—high resistance, choppy, decoupled between indices (MNQ vs. ES). Such conditions are hard but valuable for practice because they reveal problematic price signatures.
– Meta-advice: Real skill requires hands-on repetition; there are no shortcuts or paid fixes that reliably replace deliberate practice. Even profitable traders continue to practice off-account to retain edge.
– Logistics: Disclaimer—this is educational; trading with real money is separate. The instructor plans more drill sessions and a review later.
Bottom line: Use controlled, repeatable demo drills on short timeframes to build real-world experience, manage emotions, and develop pattern recognition before risking live capital.
Quiz
1. What was ICT’s main purpose for the session?
A. To provide live trade signals for funded accounts
B. To demonstrate drill practice in difficult market conditions
C. To predict the exact daily high and low
D. To teach only order blocks
2. What did ICT say you should do if there is nothing in the chart to work with?
A. Enter anyway to stay active
B. Wait for the market to move first
C. Sit still and do not force a trade
D. Switch to a higher time frame and trade immediately
3. What was ICT’s suggested target range for these drill trades?
A. 1 to 3 handles
B. 5 to 7 handles
C. 10 to 15 handles
D. 25 to 30 handles
4. What did ICT say about the mindset needed during these drill sessions? A. Focus on being right and making money B. Avoid all losses by only trading perfect setups C. Be indifferent to the outcome and use the session for experience D. Trade only when social media can verify the setup
Answer Key with Evidence:
1. B
Evidence: “I want you to think about how say for instance 10 to 15 handles… that’s a really good small lowhanging fruit objective… today we’re going to work with fair value gaps… please don’t take these as trade entries for you to put on your funded accounts… we’re going to look at how you can go in on a day-by-day basis… these types of little drills, little exercises”
No timestamp available.
2. C
Evidence: “So far, no gaps to work with. So, if you have nothing to work on, you sit still. This is all part of it, knowing what you’re looking for. If there’s nothing in the chart, don’t force it.”
No timestamp available.
3. C
Evidence: “I want you to think about how say for instance 10 to 15 handles. Okay? So that’s a really good small lowhanging fruit objective to look for…”
No timestamp available.
4. C Evidence: “It’s not about being right or wrong… You don’t care about being right… the outcome is not imperative. It’s not important. You don’t need it to be right. You don’t care.” No timestamp available.
– Market context: the market found support after dipping into the lower 30% of last week’s range and rallied strongly. The broader bias remains bullish with upside targets on the continuous contract near ~26,399.5, 26,562.75 and the all‑time adjusted high ~26,859.
– Key intraday concept: the “lunch macro” is a common intraday retracement that can begin as early as 10:30 (effectively the first-hour/first dealing‑range completion after the 9:30 open) and often pulls price back into the range established since the open.
– Trade framework: watch for higher highs into the macro window, then look to sell into buy‑side imbalances/sell‑side inefficiencies, inversion fair value gaps and bearish order blocks formed just before those highs. Target external range liquidity and wick midpoints as exits.
– Execution notes: prefer obvious, visually clear fair value gaps/imbalances (don’t force ambiguous setups). Use market orders for entry, pyramid into positions, and exit at defined liquidity points; the author shared a live short that hit targets and exemplified these rules.
– Teaching points: this is a repeatable, rule‑based approach (not the Turtle Soup method despite historical references). The author apologizes for a missed recording, praises student application, and will provide further live analysis tomorrow morning.
Quiz
1. What time window does ICT say the lunch macro can begin as early as? A. 9:30 Eastern B. 10:30 Eastern C. 11:30 Eastern D. 1:30 Eastern
2. According to ICT, what is the default direction of the lunch macro in a bullish market? A. It runs to the upside B. It stays flat until closing C. It runs to sellside / lower prices D. It reverses only after 1:30
—
Answer Key with Evidence
1.B. 10:30 Eastern Evidence: “the lunch macro can occur slightly earlier… it can begin around the 10:30 hour.”
2. C. It runs to sellside / lower prices Evidence: “So, that’s the target. So, that’s the that was my maximum objective for the macro… I was looking to go short there.” Also: “What’s the macro? The lunch macro. It’s a retracement inside of the range from 9:30… It can aim for this low.”
– This was a follow-up market review after Saturday’s live stream: the June contract target (~25,715) was reached using the morning PPI print, validating the prior analysis.
– Main teaching: don’t rush back into trades once your targets are hit — be content with “enough” and watch price for further confirmation instead of chasing short-term excitement.
– Key technical concepts explained and reinforced:
– Suspension block and breaker: use these daily-chart reference points to anchor where liquidity and objectives are likely to sit.
– Continuous vs. delivery-month contracts can show different nearby objectives; prefer the target closest to market price.
– TGIF framework: weekly range behavior often retraces ~20–30% into Thursday afternoon/Friday close; failure to do so has predictable follow-up behavior the next week.
– Fair value gaps, wick midpoints and body placement (bodies staying above the midpoint of a gap) are practical signs of institutional order flow and bullish continuation.
– Multi-timeframe work: move from daily/weekly context down to 1-minute, 30s and 15s charts to capture entry/price-action clues; screenshot and journal setups for study.
– Market structure and inter-market context: annotate liquidity pools across correlated indices (NQ, ES, Dow) and favor trading the weakest/strongest index as appropriate; focus on one market to build skill.
– Practical stance: rely on price/time structure and simple candlestick evidence rather than paid indicators or gimmicks; study repeatedly and test the methods on demo before trading live.
– Overall market read: strong bullish behavior validated targets, but reasonable intraday/near-term retracements are healthy; watch the highlighted liquidity and consequent encroachment levels for next directional clues.
– Hosting a live tape-reading session focused on price action around the regular trading-hours opening range and the opening gap. The main technical hooks: opening range gap, consequent encroachment, fair value gaps (FVGs), inefficiencies, and buy/sell liquidity pools. – Market context: peace negotiations failed over the weekend (geopolitical risk), which created a big gap lower at the open. ICT remained neutral and observational—no trade taken—because price action was ambiguous and low probability. – Key technical thesis: watch whether price reclaims the consequent encroachment and closes the full gap. If it closes and accelerates higher, the speaker expects continuation up; if bodies close into the upper half of inefficiencies or fail to reject key levels, that supports a bearish retracement. – Practical entry criteria: prefer one‑sided, high-probability setups (clear imbalances, reclaim/inversion FVGs, confirmed lower‑timeframe FVGs). Don’t trade “tries” or guess—wait for confirmation on the body close, not just wicks. – On stop hunts and liquidity: algorithms hunt stops and engineered liquidity; recognize stop hunts and then look for opposing liquidity as the next target instead of panicking. – Teaching focus: live demonstration of tape reading in difficult/mixed conditions to build anticipatory skills rather than reactive guessing. Emphasis on learning to identify warning signs (“canary” analogy) when price is reluctant to behave as expected. – Process advice: take shorthand notes while watching, later annotate charts and keep a study/journal of observations, emotions and outcomes. This builds experience and improves anticipation. – Psychological guidance: accept uncertainty; don’t force trades for ego or social media clout. Avoid copying signals or chasing influencers who “try” trades without conviction. – Performance goal: aim for repeatable, high-probability setups (targeting ~70%+ edge), not constant activity. Expect to sit out many sessions until criteria align. – Macro view: speaker expects cleaner, more one-sided markets when a new Fed chair is installed, which could draw sidelined money back in; but current event-driven volatility requires extra caution.
Overall: read price action patiently, rely on clearly defined FVG/imbalance criteria and lower‑timeframe confirmation, journal everything, and only trade when the market shows one‑sided, high‑probability behavior.
Quiz
1. According to ICT, what is a warning sign that a trade setup may have lower probability? A. Price immediately respects the PD array and runs in the expected direction B. Price hesitates, wicks around, and does not show one-sidedness C. Price moves cleanly with strong follow-through D. Price closes beyond the expected target
Answer Key with Evidence:
1. B — “If you can see the PD arrays in price action and they’re not really adhering to the logic… that’s usually indicative of a lower degree of probability in your favor.” Evidence: “If you can see the PD arrays in price action and they’re not really adhering to the logic that would be implemented with them as I teach it, that’s usually indicative of a lower degree of probability in your favor.”
– Topic: using the continuous contract (vs front-month/delivery contracts) when analyzing micro E-mini NASDAQ futures (MNQ). The speaker demonstrates why he toggles the continuous contract on/off: not to find fair value gaps, but to reveal volume imbalances (suspension blocks) and historical price structure that the front-month data can miss when contracts roll.
– Practical reason: the continuous contract smooths historical gaps and can show different important levels (breakers, volume imbalance highs/lows, consequent encroachment, half-gap). He compares the two views and uses whichever set of levels price respects for intraday decisions.
– Key technical points: read candlestick bodies and wicks as order-flow footprints (wicks often indicate the first-presented fair-value gap; bodies indicate heaviness/strength). Use PD arrays, suspension blocks, octants/quadrants, and “event horizon” midzones to measure targets and sensitivity.
– Trading approach: focus on index futures and the first hour of regular trading (9:30–10:30). The opening-range half-gap/consequent encroachment is a high-probability intraday objective (he cites ~70%); prioritize low-hanging fruit (smaller, higher-probability targets) rather than chasing large moves. Use lower timeframes to practice entries, place proper stops, and build a repeatable model.
– Pedagogy and warnings: don’t over-rely on fundamentals, indicators, heatmaps, or paid gimmicks; learn to read price/time and develop your own model through journaling and disciplined practice. Expect the market to be noisier and manipulated at times; risk-manage and avoid overleveraging.
– Logistics/upcoming: he recorded this live, will post further material (a lecture on journaling and sessions on practicing entries, order blocks and fair-value-gap strategies), and asks students to refer others to this video when asked about the continuous-contract function.
Quiz
1. What does ICT say he primarily uses the continuous contract for?
A. To find fair value gaps only
B. To look for volume imbalances and compare key levels
C. To analyze forex pairs
D. To identify earnings reports
2. Why does ICT say he toggles the continuous contract setting on and off?
A. To change the chart color scheme
B. To compare different contracts and locate volume imbalances
C. To remove all historical data
D. To draw trendlines more easily
3. According to ICT, what is the first draw or initial bias for the session when price opens above the consequent encroachment level?
A. Look for sell-side liquidity
B. Look for buy-side liquidity
C. Ignore the opening range
D. Trade only gold
4. What does ICT say a wick can indicate when price cannot leave bodies above a key PD array in bullish conditions?
A. Bullish continuation
B. Premium sensitivity
C. Bearish heaviness
D. No useful information
5. What does ICT recommend new students focus on first when developing a model?
A. The first 60 minutes of trading, especially the first 30 minutes
B. Yearly charts only
C. Earnings season
D. News headlines
Answer Key:
1. B Evidence: “I predominantly start my analysis on the continuous contract… I’m only toggling on the continuous contract. I’m only using this function here to see where those volume imbalances are.” 2. B Evidence: “The only time I’ve ever utilized this function here is when I’m looking for volume imbalances… I’m looking for where volume imbalances exist.” 3. B Evidence: “If we have a market that has a discount opening range gap… my initial bias for session… I’m going to be looking for price to go up to the half gap. So I’m going to be looking for what? Buy side liquidity.” 4. C Evidence: “When it does that, that’s proving heaviness. Heaviness is bearishness. It’s not showing strength to continue higher.” 5. A Evidence: “What is a good way of starting… to help you understand at least the first hour trading?… Between 9:30 and 10:30, that first hour’s dealing range…”
