ICT 2023 Mentorship \ ES Live Execution & Mean Threshold Risk Management

all right folks

going along here this is a review this

is actual time

I usually take these executions and

speed them up

and put them around two minutes long for

Twitter usually throw some kind of music

over top of it just for entertainment

value you may or may not like my choice

of music but it's not for you it's for

me

so I'm gonna kind of like walk you

through this before I get into it I

outlined 40 30 as my level in the

weekend commentary before we even

started trading this week

and also I mentioned it as my focus

point for this morning on Twitter if

you're not following me on Twitter you

can find the actual account on my

YouTube channel go to the main page far

right corner you'll see the official ICT

Twitter account that's how you get

things alerted to you real time any

level I'm watching it's pertinent

any draw on liquidity something like

that change of schedule for live

sessions and such

and I went long inside the fair value

Gap

as it was approaching the middle part of

that shaded area and I'm placing my

limit order up here as a best case

scenario in case it was the wildly snap

up there

I always like to use the best case

scenario exit

and the 40 30 level the reason why I

like that if you go to your daily chart

for ES h2023

that is

the closing price on December 14 2022.

okay so open high low and close is all

you need add time elements and

understanding about that

and specific macros that the algorithm

does that delivers price and yes it does

and you'll see proof of that again here

foreign

tweets out stating that the

the 943 candle which is the Shaded

candle big bullish green candle

that's the one I'm drawing everyone's

attention to on Twitter

and then the down close that I entered

on that's an order block

so you can see already we have a

potential volume and balance forming

where there's an absence of any bodies

overlapping one another between two

candles

so in my mind I'm watching that

form and I want to see it stay open

that gap between the present candles

open and the previous candles close

because if I can get a return back down

into that I'll go long additional

contracts and pyramid my position up

I'm gonna be aiming for about ten

thousand dollars

all in one trade built it up from one

entry using the logic now if you look at

the 920 low their sell side stops below

that

so South Side liquidity was purged with

a drop down at essentially 940

and the 40 30 level was the objective I

gave you over the weekend before the

market started trading and I prompted

everyone live on Twitter

I stated that's my next level of

interest I'm

sidelined early on I said you know

there's nothing really exciting to do

he's at the weight

so we waited for the 9 30 opening which

is exactly what I prompted everyone to

deal on Twitter

and we see him sell side taken out and

then the market rallied up

now you're probably questioning

how why am I using that favorite you got

well I'm using

an advanced model and because I'm

expecting expansion

I'm not looking for a trending day I'm

just looking for an expansion up into

the 40 30 level which would close in

the range from December 14th closing

price on the daily chart for esh2023 on

trading wheel

drawing that level out on your chart

you'll get essentially 40 30.

so I'm outlining the reason why my stop

loss is below the mean threshold mean

threshold of the down closed candle the

most

closest to the 94 below

okay so the middle of that candle that's

where I have my stop below that

it should not go back down there why

shouldn't it good in there because we've

taken stops at the 920 low

and your time should always be set to

New York local time

otherwise you're not going to track me

on the recordings

so you can definitely see the volume and

bounce

and I'm just getting some some

measurements here

nothing's really

lining up with

specific levels I like so my attention

primarily is focused on the 40 30 so

I'll be taking the bulk of whatever I

accumulate in lungs

off at 40 30 or higher

right now I have eight contracts long

and the stop loss is based on a hundred

thousand dollar account so if you were

funded with a 100 000 trading account

the risk on this trade is 1.2 percent

foreign

that's the goal I'm reaching for

percentage-wise

so now I'm giving you a reminder that

while you're watching price you want to

be looking at through the lens of five

handles each

every increment move in five handles

because you want to train your eye and

it's returning back to that volume and

balance now

I'll come back in a second season

then figuring out how I want to put the

text inside this rectangle

obsessively compulsive

now five handles is the equivalent of a

move from 4025 to 4020.

that's 20 ticks

okay in terms of money if you were

trading One Mini contract of ES

that would be equivalent to 250 or one

handle being

fifty dollars

profit or loss so you can see we

returned that down into that volume

amounts

from there

don't worry I'll get the next pass down

now I'm thinking I want to see it

have speed and distance through the high

that's already formed

it's already banging around in here and

I'm gonna look to

bring that stop up a little bit but it

has to show me reaction at the volume of

balance which I'm annotating right now

again a volume of balance is my concept

of identifying an area where there may

or may not be an overlap between two

candles with their Wicks or a wick like

we see here

like the candle right to the right of my

entry that up close candle that's

the candle and look at and it turns that

Wick in the very next candle it opens

higher than the previous candles close

so um those trend lines a little segment

right there I'm focusing on that now if

we drop down the midpoint there you go

I'm looking for that as an entry

I'm trying to time the move of

the wick product that you can't know

it's trading right now I wanted to buy

it as it's heading towards the volume

and balance

it may or may not touch the volume of

balance again but I'm trying to trade as

the candles going down notice that

I'm entering long on down closed candles

or down candles and I'm taking profits

on Longs and up candles

that is the market efficiency Paradigm

that I teach

all right so now the risk has been

elevated to 1.3 percent

which is minuscule

and I'm going to be looking to raise the

stop up

but if it gives you another opportunity

to go along

one more pyramiding entry I'll take that

but I'm focusing on the high formed

around the 930 right there I want to see

speed and distance how fast it can get

through that high because I'll be

judging that based on

its willingness to get through that 40

23 and a half level

which is the morning session High

now the candle I entered initially on

inside the fair value Gap

that's shaded blue

back fair value gaps High I have that

level in my mind as a potential area

where you can revisit that

I don't believe it's likely to do that

now because we've traded through the

bodies of the Swing High

that's in price right now so one two

three four candles back from where it is

right now

because it's done that I feel confident

that I can have my stop loss below the

low

of that retracement the the big down

close candle

I don't have the timing

to tell you but uh where I did my second

partial entry to the left of that that

down closed candle

I want to have my stop loss below that

low because it will not return back into

the fair value Gap now

so the volume balance should keep price

at Bay because

there's an order block when I entered in

on initially during the survey Gap

so now remove the risk

and because spending too much time below

that low at 9 30.

so we have a dealing range that it's

operating in between

the 940

3 candle and present

in 9 30 high so it can bang around in

here and I want to see it

move aggressively through this High I

want to see speed not just poke its head

above it otherwise it can potentially

come back down in and retest that volume

imbalance

which is essentially fine it just runs

the risk of you know if there's some

kind of static price action it could

stop me out but right now I feel

confident where my stop is

okay

that down closed candle is a bullish

order block

just to the left of my second partial

entry

that entire range we can use that to go

long another partial to build up the

position or it could be a independent

entry all together by itself

and my mind is we've pierced that 930

High we haven't done it with a great

deal of

energy

so I'm thinking right now it could

potentially trade back down into the

order block

so I'm looking at taking off six or half

of the position I have on if it can run

to 40 30.

any retracements here

going lower I'm not looking at the fair

value Gap that you might be seeing two

candles back to the left I'm looking at

the down closed candle keep going back

to the left a little bit further where

it traded into the volume imbalance I'm

looking at that down closed candle where

it might want to come back down into

that and accumulate more long positions

because remember the stops have already

been cleared at 9 20 slow at 9 40.

so

I'm trusting the idea that that

unrealized objective or premium array at

40 30 which we talked about before the

market opened and started trading this

week

is still a viable Target

no that's not a buy there because even

though we dropped down into what would

look like a volume I'm sorry fair value

Gap I'm taking your attention to this

down close candle right I'm dropping it

wrong here

there it is

that right there is my bullish order

block

okay so I'm focusing inside that candle

and I will

look to participate

on the upside move from that candle as

well

okay so I went long as we entered into

the about the midpoint or mean threshold

of that down closed candle

and I'm trusting all my faith is now on

the volume and balance because price

should not go back below the volume

amount it can touch the top it can touch

the bottom of it

but it should not pierce it now contrast

this rationale

and thinking with Forex because you

would get smoked if you had your stop

loss like this

because it's it's rigged your your

broker is going to cannibalize you I

don't care what anybody says okay they

will cannibalize you

you can't trade this precise with Forex

it can't happen it won't happen not with

real money not size

because they will snatch you

Futures is a much cleaner and more

professionally managed asset class

beautiful retested out look at that

and my stop loss is just still at that

low

on the low candle prior to that run

above the 930 High

so right now it's showing that my stop

is negative for 225 I'm going to correct

that

and I want to see it leave the order

Block Level I have it outlined here

with the plus OB is annotating it's a

bullish order block

so we're inside that entire candle and

I'm expecting it to accumulate

more smart money longs

and then after a measure of time the

algorithm will reprice higher and you'll

see how

tell you when I'm looking for it but

right now buying is not making this go

up

that's not what's going on

the algorithms holding price inside of

that down closed candle

that I've identified as a bullish order

block

and now I'm stating that it needs to

make a new high

and go above the 930 High and the higher

high that it formed

just a few candles back

but it needs to do it quickly and strong

there's a small little city which I'll

annotate

and that level needs to be breached and

this is a trigger it'll tell me when the

algorithm will start firing aggressively

in spooling in price it's not because a

buyer's coming in I'll tell you exactly

the level it's going to have to break

before you start seeing it accelerate to

the upside

this is a signature that's unique to me

once it takes that candles High out it

should accelerate

and not trade below the lowest open or

close of the Swing Low that's already in

place right now

notice where my stop loss is it's at the

low of the volume and balance

there's the one order block right there

but I'm not going to draw it out right

there it's touching the order block

and once it takes that level where it

says needs to rip through once it does

that

the algorithm will start spooling

aggressively and repricing higher it

matters not how many buyers are coming

in no matter how many sellers are coming

in it's going to rip through that level

and then reprice to where the buy side

is which is above the high formed at 9

53 or so 954.

and here we go acceleration like gas on

a fire

and then your focus needs to be at that

40 30 level now because I have 14

contracts on I'm going to take nine off

I'm gonna I'm gonna have a larger

Edition off

I don't see a continuation on the

outside that's why I want to take the

bulk of it off here

and

I'm watching how we stay above the high

that was formed at 9 30 and 9 53 or so

now how many times did it move five

Handles in all of this price movement in

the direction that we were looking for

for 40 30. several one two three times

each one will potentially accumulate to

15 handles for the day which is what I'm

essentially going to be getting here

shortly anyway so you're down to a

mitigation block it should accumulate

new Longs and accelerate through and I

have set to take nine off as soon as it

prints above 40 30.

there's a macro in price that takes

place between 950 and 10 10. and it

usually causes a price run

and liquidity and or an efficient

inefficiency will be retraded to and now

because I'm inside the narrative

correctly I've outlined it this morning

told you what I was looking for you're

watching the execute here

the logic as to why it's going on

and once it starts to rip here

sliding on into home rookie sensation

ICT delivers it once again

nine kind of nine contracts off now

because it it stalled like that I ended

up hitting it again and it puts me

um short now for contracts so I hurry up

and close that

because I was wondering why it was

lagging

so

ten thousand four hundred dollars in one

trade one run risking no more than one

point three percent of the account

highly precise very specific ideas

aggressive and Next Level Superior stop

loss management

and I think one could agree that this

was pretty insightful until next time be

safe