Lecture 19: Dynamic Trailing Partials & Futures Expiration Cycles

Title: Dynamic Trailing Partials & Futures Expiration Cycles
Date: August 28, 2024
Mentor: Michael J. Huddleston (The Inner Circle Trader)

---

1. Executive Summary & Core Objective

Lecture #19 details dynamic trailing stop strategies, contract roll-over schedules for Index Futures, and PM session observation protocols [281, 284, 285].

---

2. Core Concepts & Technical Mechanics

A. Index Futures Contract Symbols & Expiration

• Futures contracts expire quarterly [284]:
  • H: March (e.g., NQH2025) [284]
  • M: June (e.g., NQM2025) [284]
  • U: September (e.g., NQU2024) [284]
  • Z: December (e.g., NQZ2024) [284]
• Transition volume to the next contract month during the second week of the expiration month [284].

B. Dynamic Trailing Partial Strategy

• Trail stop losses dynamically behind newly created CSD opening prices or FVG CEs as price expands into major liquidity pools [285].

---

3. Trading Discipline, Mindset & Psychology

A. Patience Through Long Sessions

• Long live-stream observation sessions train traders to endure quiet market periods without forcing low-quality trades [282, 288].

---

4. Step-by-Step Action Plan & Homework

1. Check current contract volume roll-over dates [284].
2. Practice trailing stop losses behind 1-minute CSD levels during active expansions [285].

---

Reference Source Link:
Watch ICT 2024 Mentorship - Lecture #19 (August 28, 2024) on YouTubeWatch on YouTube