The notes on this page combine the info of Essentials to market structure and episode 11 and 12 of the 2022 mentorship | Click triangles to unfold

• ICT frames things based on a topdown approach starting from the daily because that’s where banks and institutions trade off. Number one question is what is the current market narrative.

• From narrative to market structure

• Two examples of outlined market structure

• Once a ITH/ITL is broken, you have a significant break in market structure(BMS/MSB)

• Your entry should be based on the lowest of the 3 timeframes

• After MSB and you’ve found your entry, you can use standard deviations for target projections

• Once you are in trade use institutional orderflow to know if the move is still good. When you’re bearish, all of your upclosed candles should keep price from going higher than that. So they are your resistance. For bullish price action, downclosed candles should support price.

• High versus low probability trades

Extra:

• Useful book about market structure: “Long term secrets to short term trading” by Larry Williams