2022 ICT Mentorship Episode 16

Finance-focused summary (markets/investing context)

The presenter (ICT) explains how to structure intraday “multiple setups” by splitting the trading day into two sessions—morning and PM—and using a confluence framework built around:

• Liquidity hunts
• Discount vs. premium conditions (PD arrays)
• Order blocks / fair value gaps (imbalances)
• Market structure shifts + displacement
• Time-of-day behavior, notably 8:30am and lunch-hour dynamics in New York time

The concepts are illustrated using E-mini S&P 500 futures (S&P futures mini), specifically the June 2022 contract, with a bearish bias after price breaks down from relative equal highs and probes down into a daily bullish order block.

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Instruments / tickers mentioned

• ES (E-mini S&P 500 futures), June 2022 (“S&P futures mini contract for June 2022”)

No equities, ETFs, bonds, FX pairs, or crypto are mentioned in the subtitles.

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Key numbers / levels / targets explicitly stated

Time-of-day (New York time)

• Morning session: 8:30am to 12:00pm
• Split day / lunch hour: between noon and 1:00pm
• Opening price anchors:
  • “opening price is midnight … and then another opening price at 8:30 in the morning”

Price levels (ES June 2022)

• Daily bullish order block level: 4504
• Fib/target levels:
  • 45,01.5 — described as the next target if price goes below the prior low
  • 45,00.25 — described as the deeper target
• Additional upward-retracement / buy-side liquidity region (PM logic):
  • 45,32 / 45,40 (exact formatting is unclear in the subtitles, but these levels are explicitly stated)

Target logic framing

The presenter repeatedly frames a sequence like:

• running to relative equal lows (sell-side liquidity),
• then into the daily bullish order block (deeper draw),
• and later back toward buy-side liquidity during the PM session.

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Methodology / step-by-step framework shared

A) Session framework (multiple setups per day)

• Divide the day into:
  • Morning session (8:30am–12:00pm ET): typically 2–3 setups, driven by opening volatility
  • PM session (later in the day): conceptually involves buy-side liquidity draw / short covering
• Emphasize that the market can show multiple “setups inside the setup” as price revisits:
  • imbalances (FVGs)
  • order blocks
  • prior liquidity levels

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B) Directional bias logic (discount vs. premium + liquidity)

• Determine whether price is in premium or discount relative to higher-timeframe arrays.
• If price is in premium (above prior highs / above key levels), anticipate a downward draw toward:
  • sell-side liquidity (below relative equal lows),
  • and then the daily bullish order block (deeper draw level).
• If price starts bearish and reaches the daily target, expect a reversion upward into buy-side liquidity later (PM).

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C) Entry/target mechanics used in the example

1. Identify daily level(s), especially the daily bullish order block (target area).
2. On a lower timeframe, locate:
   • relative equal highs/lows (liquidity pools)
   • a swing high after relative equal highs to form a short bias
3. Wait for bearish displacement and a market structure break.
4. Look for retracement into:
   • fair value gap (FVG) / imbalance (often the shorting entry region)
   • imbalance rebalancing back toward fair value
5. Use a fulcrum point (a specific swing low) to project how far price can extend lower.
6. For targets, apply a Fibonacci-style measurement anchored to candle bodies:
   • Anchor fib to the highest candle body in the swing up and the lowest candle body in the swing low (explicitly not using wicks).
7. Primary target logic:
   • First objective: run to the first sell-side liquidity / fulcrum low
   • Second objective: deeper probe toward the daily bullish order block
   • Deeper extension targets mentioned: 45,01.5 and 45,00.25

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Risk management / trade management notes & cautions

• Probabilities are not guarantees:
  • The presenter emphasizes that probabilities are not absolute guarantees.
• Timing caution (lunch hour):
  • He states he does not want to take entries during lunch hour (noon–1pm).
  • He may still manage open positions and possibly do partial profit-taking.
• Precision / stop-loss commentary:
  • He notes that price can move within about a quarter point without necessarily stopping him out (context: higher precision/uniformity of index futures vs FX microstructure).
• Position sizing / “velocity” approach:
  • Warns against reckless pyramiding (buying too many/too fast).
  • Suggests adding more safely as price moves in favor:
    • “put on first then smaller position… then smaller position…”

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Performance metrics / results mentioned

The presenter claims live-account performance, including:

• “I took the live account up another thousand dollars today”
• “we’re over fifty one thousand dollars”

He also references a “real money real results series” showing live account outcomes versus demo. (These are claims in the narration; no audited statement is provided in the subtitles.)

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Disclosures / disclaimers

• No explicit “not financial advice” disclaimer appears in the provided subtitles.
• However, he includes cautionary points such as:
  • probabilities aren’t guarantees
  • repeated emphasis on the effort required for backtesting and learning
• He discourages debating DOM (Depth of Market) usage:
  • states he does not use DOM and believes it’s not advantageous for his trading (while acknowledging others may use it).

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Presenter / source(s)

• ICT (Inner Circle Trader / “ICT mentorship”) — the primary speaker throughout the subtitles (no other presenters named).