2023 ICT Mentorship - Conquering Fear Of Being Wrong Vs. Profitability: February 24

Notes

  • A Market Structure Shift (MSS) is just a short-term change in market sentiment and will deliver on a short-term basis.
  • A Market Structure Break (MSB) is a change in price delivery on higher time frames. Retail traders refer to this as a change in trend.
  • The MSS does not require the price to close above the short-term swing high or below the short-term swing low.
  • When the candle wick is small, Michael marks the Order Block using the candle’s opening price.
  • Michael enters a position gradually. He buys contracts in a 6-3-1 order.
  • A candle wick is the most sensitive part of the Propulsion Block.

ES Trade Example - Trade Executions

Smart Money Technique (Smart Money Tool)

Bullish Order Block

Market Structure Shifts

Bullish Order Block And Propulsion Block

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