ICT Mentorship Core Content - Month 1 - Equilibrium Vs. Discount

Notes

  • The Fibonacci tool itself is useless.
  • Impulse price swing is what Michael also calls displacement.
  • Once a swing high is formed, wait to see if a down candle is created to confirm that the price wants to reach equilibrium.
  • Buys should be made at or below equilibrium.
  • The best buy opportunities provide OTE levels.
  • If we expect higher prices, every time the market takes the last swing low, we should assume it is a stop run/turtle soup setup.
  • The price will often consolidate around the equilibrium level.
  • If the price falls below OTE levels and you still expect higher prices, wait for the turtle soup buy setup.

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