Analyzing ICT Index Futures & Forex Trading Strategies with a Focus on Risk Management
Review of ICT Index Futures & Forex trading strategies, emphasizing market structure analysis and risk management.
00:00:09 A review of the economic calendar for June 23, 2022, including unemployment claims and manufacturing and services PMI. The Dollar CAD experienced resistance and volatility due to the Canadian CPI number. More volatility is expected with upcoming testimony and unemployment numbers.
📅 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.
00:03:09 Review of ICT Index Futures & Forex trading strategies, focusing on dollar CAD. Emphasizes using the 5-minute chart for market structure analysis. Offers conservative approach for shorting.
📈 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.
00:06:08 Review of ICT index futures and forex on 06/22/2022, with analysis of short-term shifts and market structure. Bullish potential identified in stock index futures.
⏰ 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.
00:09:10 A review of ICT Index Futures & Forex on 06/22/2022. The market rallied after Pal's speech, creating a fair value gap. Buying at the drop, expecting a run above the old high.
💡 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.
00:12:08 ICT Index Futures & Forex Review - 06/22/2022: Examining market movement and the impact of Powell's testimony on trading strategies. Focus on price action rather than trying to interpret the chairman's words.
📈 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.
00:15:09 ICT discusses why he is moving away from forex and focusing on index futures due to better trading opportunities and concerns about potential black swan events. He emphasizes the importance of risk management and explains his decision to trade smaller positions.
📈 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.
00:18:07 A review of ICT Index Futures & Forex. The speaker discusses their trading strategy and emphasizes the importance of respecting 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.
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