Analyzing ICT Index Futures & Forex Trading Strategies with a Focus on Risk Management

📅 The economic calendar for June 23rd, 2022 includes unemployment claims and flash PMI numbers in the New York session.

💼 Testimony by Fed Chair Pal is expected to have a high impact on the dollar and other markets, causing potential market manipulation.

📈 The daily chart of the dollar CAD shows resistance at a bearish order block, indicating potential downward movement.

📈 Wait for 15-20 minutes after Powell speaks and observe any imbalances or liquidity pools to trade with.

🕐 Use the 15-minute timeframe to analyze the Dollar CAD and predict a potential price drop.

📊 Focus on the five-minute chart for trade signals and market structure shifts.

⏰ The video discusses short-term shifts and market structure in index futures and forex trading.

📉📈 There is a pool of liquidity on the sell side, and the market experiences a drop below this level before rallying aggressively above the opening price.

💡 The speaker highlights the importance of understanding the stock index futures session timings and utilizing specific setups within those time periods.

💡 The market rallied above the opening price after Pal's speech at 9:30 AM, indicating a potential run towards the old high level.

💪 There is no reason to be fearful of the market reversing and going lower, as it has already priced in the necessary business for the day's low.

📈 By strategically buying at fair value during market drops, there is an expectation for the market to surpass the 37.83 level and continue to rally.

📈 The range is expected to expand on the buy side, creating a trading opportunity.

⏰ The speaker's statements may influence market makers but it is important to focus on the price movements.

💰 Trading based on fundamentals is risky during speeches or announcements.

📈 Index futures offer better trading opportunities than forex.

🤔 Concerns about a potential black swan event in forex.

💰 Trading smaller positions in index futures to mitigate risk.

📈 The speaker mentioned a specific level of 37 83 and three quarters for trading.

🤝 It is advised to wait for market manipulation and imbalances before engaging in trades.

⚠️ Respecting the risk and adhering to personal trading rules is crucial to avoid losses.

📊 Tomorrow's trading session may have higher volatility due to upcoming unemployment data.