The ICT Fair Value Gap entry mentorship
If you’re an active trader in the financial markets, there’s no way you haven’t come across Smart Money concepts. This innovative approach to price action analysis allows you to identify liquidity pools and trade like the “smart money” professionals. Not only is it incredibly accurate, but it also provides a deeper understanding of the underlying factors driving price movements. However, there are a few challenges to consider.
Firstly, many people are unaware of the mastermind behind these concepts—Michael J. Huddleston, also known as the Inner Circle Trader (ICT). Although the exact history of his mentorships remains unclear, it’s known that he led private groups as early as 2016, teaching his students these groundbreaking strategies. Unfortunately, some students went on to rebrand and sell his content as their own without fully understanding the concepts, leading to misinformation.
But there’s good news! ICT has since made many of his teachings available for free on YouTube and has even launched new mentorship programs for all to access. His 2022 YouTube mentorship, for example, focused on the Fair Value Gap entry model—a game-changing approach that has revolutionized my perspective on the financial markets. I chose to set aside my previous understanding of Price Actions and fully dedicate myself to his teachings.
So, you might ask, what are we doing here if ICT is offering all of this valuable information for free? After countless hours of watching videos, backtesting, live trading, experiencing losses and learning valuable lessons, I realized that something crucial was missing—a personal touch, a guiding hand when things get complicated. As passionate educators in the financial markets and trading, we feel compelled to help others grasp the ICT concepts with clarity and confidence.
How this "mentorship" works?
It’s like I can read your mind, right? OK, jokes aside. We just finished our first pilot in Dutch. I liked the results, but there’s a reason for why we called it a pilot. This was our minimum viable product and we wanted to get as much feedback as possible, so we did.
Because of the fact that some just join the group and then don’t do anything, we decided to be a little more strict with the application criteria. We want motivated people that actually engage and try to make something out of this. Most don’t realise how much money you can make learning these concepts…
Below you’ll find an application form. Make sure you ad a short paragraph with a testimony that you’ll put in the effort for 8 weeks. Don’t worry about your exams, we’ll respect your unavailability in that period. Believe it or not, some students from the past mentorship have become profitable already and just started their funded challenge!
Workload
ICT Videos
Homework consists of 5 videos every week. This is the most important task every week.
If you're ever in a busy week, at least do this. (5 - 6 hours)
Discord
We share charts, ideas and knowledge over discord. This is where you learn from one another so make good use of it.
(2 -3 hours)
Live Streams
I'll be live-streaming the New York Open with the team almost every trading day.
Live markets, live trades, live accounts. (3 - 6 hours)
Mentorship calls
Every Sunday night we do a mentorship call, where we discuss the past week's learnings. This is where I deliver value, so be there. (1 - 2 hours)
What is this "fair value gap entry model"?
Let’s get started with the basics. For this mentorship and this model, we’re assuming that the market is moved by a “price smoothing algorithm”. An algorithm that’s focused on taking excess liquidity and delivering nice price action. I have discussed this with many friends that work in Investment Banking and they keep telling me that it’s very unlikely that this is actually the truth. It’s hard for me to argue with them, since they have more knowledge about the industry and all that. But truth is, wether it’s true or not doesn’t really matter, since it just works and makes it a heck of a lot easier to explain as well.
So assuming that there is an algorithm, what can we do with this information? Excellent question! One pattern that ICT has discovered and is also a general rule of thumb in trading: Liquidity has to get taken. Where is liquidity resting? Right next to your stop loss, my dear retail friend. That’s the exact reason why your stop loss gets triggered before your Take Profits level is reached. So what do we do about this? We wait for liquidity to be taken, look for a shift in market structure, indicating that the tide has turned and then we take a confirmation entry with minimum risk and a very high succes rate if done properly. Want to learn more? Join de Discord 😉
