Constructing the Complete Trade Story Before Price Moves
Narrative building is the highest-level skill in ICT methodology. It is the ability to construct a complete, coherent story about what the algorithm intends to do -- before price does it. Not from indicators. Not from patterns. From understanding the current position in the institutional delivery cycle across all relevant timeframes. When you can tell the narrative accurately, trading becomes anticipatory rather than reactive.
Narrative building: monthly → weekly → daily → session → entry -- one coherent story from top to bottom
// Lesson Content
A trading narrative is a complete written or mental story that answers these questions before you place a trade:
• What is the monthly direction and draw on liquidity?
• What is the weekly direction and draw?
• What is the daily bias and why?
• Which AMD phase are we in on each timeframe?
• What is the session-level sequence expected today?
• Where is the specific entry, and why is this the correct location?
• What is the target, and why will price reach it?
• What would invalidate this narrative?
A narrative is not a gut feeling dressed up in technical language. It is a logical, sequenced argument built from observable price data -- from the monthly chart all the way to the 1-minute entry trigger. Every step connects to the next. If any step does not connect logically, the narrative is incomplete and the trade should not be taken.
📌 A trading narrative is a logical chain from monthly to entry. Every step must connect. If you cannot explain WHY each element supports the next, the narrative is incomplete -- do not trade.
// Test Your Understanding
// KNOWLEDGE CHECK
1. A trading narrative must include...
2. When your narrative is invalidated, you should...
3. A correct narrative with a mediocre setup should be traded at...