ICT 2024 Mentorship Lecture 2 Notes pdf free download
In this blog post, we consolidate some key concepts from Lecture 1 of 2024 mentorship and expand on the complications you may face as a precision trader. Whether you’re new to trading price action or already building your system, this post will guide you through the Price Delivery Continuum, framework-based trading, and how to navigate critical intraday movements without losing sight of risk management.
The Price Delivery Continuum: ICT Mentorship 2024
When you’re entering trades on a 1-minute chart, you’re often aiming for laser-sharp entries and tight stop losses. While this is ideal, it comes with a caveat—you might miss out on moves or not get filled due to the precision required.
To overcome this:
- Consider using the 15-second chart to refine your entries beneath the 1-minute timeframe.
- This is part of the Price Delivery Continuum, a concept that helps you zoom in and see the microstructure of price.
- Remember: Missing trades because you’re being precise is a good sign—you’re working toward minimizing risk, and that’s the right mindset for consistent, long-term success.
The Step-by-Step Price Delivery Continuum Framework
Below is a complete breakdown of what to look for after 7:00am EST, using multi-timeframe analysis (15m, 5m, and 1m):
- Mark 7:00am EST with a vertical line on your chart.
- Observe the formation of relatively equal highs or lows on the 15m, 5m, and 1m charts.
- Identify areas that were previously “smooth” but now appear “jagged”—this shows price imbalance.
- On the same charts, mark inefficiencies (Fair Value Gaps).
- Watch for a run on liquidity in one direction, then locate relative equal highs/lows in the opposite direction.
- Mark this area as a “Turning Point”—a potential entry zone.
Prime Time Ranges to Watch
Watch for these key 30-minute windows, where market makers typically induce manipulation:
- 7:00 – 7:30am EST
- 8:00 – 8:30am EST
- 9:00 – 9:30am EST
What to expect:
- A fake-out (stop hunt) in one direction
- Followed by delivery toward relative equal highs/lows
- Ideally, forming in the shape of a manipulation > displacement sequence
Case Study NASDAQ 100
Consider the below image of the NAS 100 USD chart
- The market made a run on stops, then reversed direction.
- Note the Inversion Fair Value Gap (part of the premium array).
- Price retraced into this premium array, forming:
- A bearish Fair Value Gap
- Relative equal lows
- Aggressive displacement followed—price drove through the equal lows.
Key Observations:
- When a breaker forms, look for overlap with an inversion or Fair Value Gap. That’s your sweet spot entry.
- Always spot the “First Fair Value Gap” before the stop hunt—this usually signals a change in the delivery state.
Conclusion
Precision trading isn’t about catching every move—it’s about catching the right move with discipline, minimal risk, and high conviction. This framework, coupled with the understanding of time-based manipulation and price delivery, gives you a strategic edge.
✅ Be proud when you miss a move due to precision
✅ Mark time ranges and structure religiously
✅ Use multi-timeframe analysis to find your turning points
Click on the below download button for downloading the notes of ICT 2024 Lecture 2 Notes
