Why You’re Failing with ICT Concepts — Transcript

How's it going, everyone? In today's video, we are going to talk about why most people fail trading ICT. And it's not due to the lack of knowledge or the lack of understanding of the concepts. It's just the inability to filter through the concepts and focus on one. So, in today's video, we are going to talk about choosing a PD array. So, when I am talking about PD arrays, what do I mean?

concepts and focus on one. So in today's video we are going to talk about choosing a PD array. So when I am talking about PD arrays what do I mean?

I mean the individual concepts such as a fair value gap, an inversion, a breaker block, an order block, or a change in the state of delivery, and even an OT or a Fibonacci tool. Now, it's great to understand all of these concepts and be able to see them, but when it comes down to actually trading with these concepts, is it beneficial or more detrimental to try to use all of them? And let's go take a look at that. If you've seen my

able to see them, but when it comes down to actually trading with these concepts is it beneficial or more detrimental to try to use all of them? And let's go take a look at that. If you've seen my

order of reversal video, you know this is what I look for in a reversal forming. We have a turtle soup, an inversion, a change in the state of delivery, or the formation of an order block, a breaker, and a fair value gap. Now, if I'm looking at this all together, all at once, it's a bit clustered and there's a lot to look at.

Now, if I'm looking at this all together, all at once, it's a bit clustered and there's a lot to look at.

I don't really have my focus on anything, right? So, I need to go ahead and decide on which one I want to focus on. So, how do I go about choosing a PD array to use or to master? And these are

the questions I would ask myself. Which PD array is easiest for you to see on the chart? Which one makes the most sense? And how much confirmation do you need? So, what do I mean by that? So if

the questions I would ask myself. Which PD array is easiest for you to see on the chart? Which one makes the most sense? And how much confirmation do you need? So, what do I mean by that? So, if

down close candles here that sweep out the low and then is closed over. That makes the most sense to me and that is what my strategy is based around.

we go back to this slide here, which one is actually easiest for you to see when you look at this? What is the first thing that you spot? For me, it's a change in the state of delivery. These

prefer more, and some prefer a lot of confirmation. I prefer to trade with more confirmation and trade the continuations as I already have anticipated the trend to have changed and I'm not trying to catch that reversal. So, what does it look like

down close candles here that sweep out the low and then close over. That makes the most sense to me, and that is what my strategy is based around.

more confirmation, if I let a inversion form or a change in the state of delivery after the running of this low that's more confirmation to this reversal to get on side with the move in the other direction. If I want even more

However, if it is an inversion for you, then use that. If it's a fair value gap, then use that. Now, the next thing I want to talk about is how much confirmation you need. Some people prefer a little confirmation, some

Forget the rest. Stop trying to learn and use every single PD array and mark up all the chart. While this is something you can do in hindsight and make sense of price action, it's not something that you're going to be able

prefer more, and some prefer a lot of confirmation. I prefer to trade with more confirmation and trade the continuations as I already have anticipated the trend to have changed, and I'm not trying to catch that reversal. So, what does it look like

combination with highs and lows. So, for instance, if I'm going to use a fair value gap, I'll also look at highs and lows. If I'm going to use a order block I'll also use highs and lows. You really

with a little confirmation? Well, if I was going to be entering below this low, I'm currently entering in a downtrend, and I don't really have much confirmation that a reversal has formed here. However, if I want a little bit

everything away and find something new and shiny to focus on. That's not going to fix your problems. you just need to lock in on one strategy and one concept.

more confirmation, if I let an inversion form or a change in the state of delivery after the running of this low, that's more confirmation to this reversal to get on side with the move in the other direction. If I want even more

we're going to have an order of a reversal, the first thing we have would be a turtle soup, right? So, a sweep above highs and that would have the least amount of confirmation. And what does that mean? It means that if I was

confirmation, that's when I can look for that fair value gap or the breaker formation, as we have then clearly shifted structure and continuing trend in the other direction. So, my final words are to find a PDA that suits you.

catching a winner. It doesn't have a lot of confirmation that the reversal has formed. So the next thing would be an inversion. That would be number two. So if we have a closure below this fair value gap here, that would give more

Forget the rest. Stop trying to learn and use every single PD array and mark up all the charts. While this is something you can do in hindsight and make sense of price action, it's not something that you're going to be able

gives a little bit more confirmation that this high should remain intact as we've disrespected this fair value gap here. Now what would be the next in the confirmation or order of reversal? It would be a change in the state of

to do real-time. And so, it's a lot easier to execute when you're only focused on one PD array. So, the next thing I would say is use the one PD array you selected and then use that in

target those same lows. And you can see now we have more confirmation because we've had the sweep, we've had the inversion and the change in the state of delivery as well as the breaker block.

combination with highs and lows. So, for instance, if I'm going to use a fair value gap, I'll also look at highs and lows. If I'm going to use an order block, I'll also use highs and lows. You really

as we go from the turtle soup to the breaker block and fair value gap, there is more and more confirmation that this has formed a high and is starting to trade away from it. So letting this play out, let's see what

have to use highs and lows or liquidity in combination with the selected PDA. And then the last thing is to stop jumping around to new things. When you hit a little struggle in your trading, it doesn't mean you need to throw

trying to consistently use all of these PD arrays, where is your actual entry? When are you going to take an entry?

everything away and find something new and shiny to focus on. That's not going to fix your problems. You just need to lock in on one strategy and one concept.

want to trade it. For me personally like I said, I use the change in the state of delivery. So, what would I do?

So, let's get into the charts, and I'll show you what I mean with this presentation. So, here we are in our first example, and you can see we have went and taken out these highs to our left or our previous day's highs. Now, if

In this case, it's one. And what does this do for me? It gives me a simple and repeatable way to gain entry into the market and collect data. So, if you notice, if I'm looking for an entry on

we're going to have an order of a reversal, the first thing we have would be a turtle soup, right? So, a sweep above highs, and that would have the least amount of confirmation. And what does that mean? It means that if I was

again, with a continuation, how do I anticipate that? Well, instead of just entering on a fair value gap here, I'm always going to be looking for what? The series of up close candles into an important level. And I'll be looking for

going to look to take an entry in here, I have no protected high or anything like that to be trading off of. So many times price, unless it's going to reverse right here, will go ahead and stop that out numerous times before

use inversions? Well, if we clean this up here, we take a look at using only inversions and marking that out. You can do the same thing, right? We're just looking for bullish fair value gaps that then get inversed, right? And you can

catching a winner. It doesn't have a lot of confirmation that the reversal has formed. So, the next thing would be an inversion. That would be number two. So, if we have a closure below this fair value gap here, that would give more

to do the same thing over and over. The whole point of this video is trying to get across the point that you don't need to know more. You just have to focus on less and master that. So, digging a

confirmation that a reversal or this high has been put in. So, as we let this play forward, you can see there we get the closure below. And so, an entry like this with my stop on the high,

continuation lower as long as price respects these areas. So, if we're taking a look here, what do we have? We have an opposing candle here or a move higher, close below. And I'm expecting this to hold instead of just taking a

that gives a little bit more confirmation that this high should remain intact as we've disrespected this fair value gap here. Now, what would be the next in the confirmation or order of reversal? It would be a change in the state of

minute and that is my time frame alignment. So as we drop down here into the 3minut time frame, what do we notice? We can see we have that sweep out which would be the turtle soup. Then we have what? The inversion. And then we

delivery. So, waiting for the closure below there. Here, we get the closure below forming a change in the state of delivery. And at this point, I can look to put my stop on the bodies or above these swing highs or up here looking to

we have fair value gaps? Well, we also have fair value gaps in here being respected. So you can see I could go ahead and mark all those things out. But does that really help me? Is that going to show me more information or is it

target those same lows. And you can see now we have more confirmation because we've had the sweep, we've had the inversion, and the change in the state of delivery as well as the breaker block.

anticipate a continuation. And then what do I look for? I just look for these opposing candles. So, you can see it's a lot more simple. Instead of marking out five different things, I'm just focusing on mastering one. So, as we let that

So, from this swing high to this swing low, you can see we also have a breaker block. Now, what else do we have? We have a fair value gap in here. And so now this is more confirmed. So, you can see

this price action. Could you understand this price action using a different PD array? Sure, you could. You can use fair value gaps. You could use breaker blocks. You can use whatever you want.

as we go from the turtle soup to the breaker block and fair value gap, there is more and more confirmation that this has formed a high and is starting to trade away from it. So, letting this play out, let's see what

this video and you take a look back at my model, you realize that's exactly what I did. I use highs, lows, and opposing candles or the change in the state of delivery. And that's all it is.

happens. You can see we reach into that fair value gap and then we eventually trade lower to this low. So, what do I want to talk about here? Well, the main thing I want to talk about is if you're

different things and that doesn't overwhelm me and allows me to have a clear mind to actually execute on my analysis. So, I hope you enjoyed the video. I know it's a bit shorter. I know it's a bit different than my normal

trying to consistently use all of these PD arrays, where is your actual entry? When are you going to take an entry?

Specifically, if you are thinking that you don't understand enough about technical analysis or ICT, you most likely do. It's just you're trying to do too much. Instead of trying to add to your strategy, look to refine your strategy. Remove things instead of

Where is your stop-loss? How are you going to start to get consistent data in journal and refine your model if you're taking entries that are always different? So, with this, how do I clean it up? Well, I'm going to decide how I

see you guys next time.