2022 Ict Mentorship Episode 2

Trading, oh sweet volatility! The stock market is a carnival, with each trade setup a ticket to the most thrilling rides. In this first teaching video, we're diving into the heart of trading, specifically exploring the wild world of Nasdaq E-mini futures. Buckle up because this is no ordinary merry-go-round; it's a rollercoaster of perplexity, burstiness, and unpredictability.

The Dance of Handles and Paper Trading

Ever wondered about the handles in index futures contracts? No, we're not talking about doorknobs; we're entering the realm of trading jargon. Our mentorship journey kicks off with a focus on these handles and a promise: we're not here to lure you into a live fund frenzy. Instead, we're taking a stroll down the paper trading avenue on tradingview.com. It's a virtual playground where risks are imaginary, but learning is real.

Compare your trading notes with other educators, they say. We're not afraid to showcase live executions, warts and all. And let's tackle the skepticism head-on—check our community tab for updates on the trading account. We're transparent, bold, and ready to shake the trading floor.

Unveiling the Mystery: Reading Price Action

In the maze of trading strategies, our compass points towards independent thinking and understanding price action. Forget the small increments; we're hunting for larger price movements. Trading is an art, and we're the brushstrokes, creating a masterpiece of financial success.

Enter TradingView charts, our artistic canvas. Analyzing weekly candles becomes our ritual, foreseeing market directions like fortune-tellers reading the stars. The focus is on finding setups, not just any setups, but those that scream opportunity. We're not dancing to the market's tune; we're composing our melody.

Riding the Volatility Wave: Spanish Serenade

El mercado está experimentando mucha volatilidad. Fear not if your Spanish is rusty; we're about to unravel the mystery. The market, like a flamenco dancer, sways with gains, losses, and the underlying market tone. The weekly candle, our flamenco guitarist, strums towards the lower end, promising a gravity-defying performance.

Keep your eyes on the prize, where the market sways and the price pirouettes. The weekly candle sets the stage, and we're the eager audience awaiting the grand reveal. It's not just about theory or supply and demand; it's a unique dance of price predictions, with highs, lows, and a touch of flamenco flair.

The Hourly Rendezvous: Market Tango

As we dive into the hourly chart, we witness a captivating consolidation around ancient levels. The market, a suave tango partner, hints at a return to those levels. This is not just any dance; it's a tango of trends and twists, signaling a market headed for the familiar.

Hmm, uncertainty creeps in like a mystery note. What's the significance of this consolidation? It's the market catching its breath, preparing for the next move. The hourly chart reveals the nuances of this dance, and we're here to decode the steps.

In the grand ballroom of trading, we've explored handles, danced with weekly candles, and tangoed with hourly charts. The market is our partner, and every move is a step towards unraveling its secrets. So, grab your trading shoes, join the dance, and let's waltz through the unpredictable, bursty, and perplexing world of trading!