Ict
BTC/USD Mark up Example Hello Traders!
Here I speak on how I typically mark up all my charts.
1. I always use IPDA look back data ranges on the 1st of every month
2. I Mark off the highs and lows within the look back ranges as those level will be important
3. Mark off our most recent trading range and find equilibrium
4. I look for PD arrays above and below price (i.e., Order Blocks, Old highs, Old lows, Gaps, Voids, Fair Value Gaps)
Market Re-cap & AnalysisHere i give you a break down of 4 trades that I took during last week
-EURAUD / Long
-EURUSD / Long
-GBPUSD / Long
and EURJPY / Long that i am currently still in
Currently down NET 0.5% for the week so not to bad, hoping the market can give us some entries for next week as there are a few pairs that look great to trade
List for next week is
USDCAD
XXX?JPY / Most of the JPY pairs are looking great for longs just need a bit more development in the market. So lets wait and see what the markets have in store for us next week.
Have a great weekend and a great trading week for next week
Any questions feel free to ask and i will get back to you as soon as i can
Take Care
Ben
EURUSD Markup + commentaryWhatsup Traders
I'm breaking down how EURUSD price action performed today.
There were some really nice moves on the 1 minute chart - regardless of which way you decided to trade.
I am still testing some new things and working on reducing the time I spend at the screen trading. I will be talking about some time management in this video as well.
If you have any questions or concerns, please do not hesitate to reach out to me.
Cheers
Dilpreet
Weekly Market Breakdown - My WatchlistHere i go re-cap the trades i took at the beginning of the month and that i was stopped out on Friday
I also give my perspective on what I'm hoping for to happen in the first couple of trading days for next week.
Lets see how the market plays out
If you have any thoughts please do let me know. I would love to hear from you
OTE entry on GBP/USD - NY Killzone ICT concepts, ICT tradersI have been studying forex on and off for about 7 years now, And nothing has created results like developing an understanding of TIME PRICE LIQUIDITY SENTIMENT ( AKA THE ICT OTE )
My learning and studies remind me of a statement made by a previous teacher in my martial arts training, "fighting, When it happens is going to come down to 1 or 2 moves that you know really well and can execute in the worst circumstances"
The brain seeks to understand and simplify things so that we can save our cognitive load, This is essentially the function of the Reticular activation system. Many mentors from all walks of life will teach this concept, And ICT mentions this time and time again in his series on Youtube, Train the brain to see what it needs to see.
I feel as humans, we overcomplicate processes, Turn them into rituals that are blown out of proportion and then worship them, This does not lend itself to success in my opinion.
For me, Forex is simply - Time, price, Liquidity, Logical sentiment direction. This creates the bias that allows me to pull the trigger without emotion.
Disclaimer: yes this is a demo trade, Yes this is a STUDY and share of knowledge for education and collaboration purposes, I have nothing to sell you.
simple example of the ICT OTE working within, And just outside of the NY kill zone, I had already taken a position of the market as seen in the MT4 DEMO account.
the "live trade" was a re entry at a new valid level after I had "made my money" with a smaller position.
YouTube - ICT
www.youtube.com
STUDY OF EUR/USD ICT Concepts, Optimal Trade entries Hi all,
Just a very quick video to give an example of an OTE based on my studies of the ICT concepts on this pair and other pairs.
I thought I would publish this idea not only to help others who may be studying the same thing but also to re affirm my own learning process.
Disclaimer: I did not take this trade, This is simply study of historical data, I am sharing my work for the purpose of collaboration and assisting others with learning if they happen to be on the same journey as me.
If you have any advice questions or comments please feel free, or if you notice anything I'm missing, or could benefit from then please comment.
Would be great to swap ideas back and forth if anyone is also looking similar concepts.
NOTES:
the channel breaks to upside and downside aren't necessary to form an OTE but this helps to build a story of confluence to establish a bias.
Dollar backed currencies - *Dollar backed Pairs*
Inner circle trader
OTE
price action theory
GBPCHF - Perhaps another 1st of month long will play out???The daily uptrend is pretty well established and price broke above a pretty clean resistance area and then tested the trend line with good rejection. Price broke the prev daily high and closed above the last down candles EQ (50% rea) with what appears to be possible buying Risk is 1%
NZD/USD Daily LogHello Traders!
In this video I show what I was looking at and anticipating from the market.
NZD/USD is currently within the Discounted range of the market.
I do see on the Monthly time frame there is a bullish order block and fair value gap that has been filled.
However, it may come back down to the open of the bearish candle and fill in the fair value gap fully then displace
higher.
On the Lower Time Frame we can see price action give hints sellers stepped into the market today.
Overall, I would like to see Wednesday give the low of the week and then displace higher into Thursday and Friday.
This setup is also referred to as the "ICT ATM METHOD". You can check my pervious post on steps on finding the setup or you can go to the inner circle trader youtube channel and search for ATM METHOD on the channel.
ICT ATM METHOD BEARISH NZD/USDHello Traders!
I just recently posted a ATM setup examples for GU and AU.
Right now it looks as if NZD/USD is showing the same setup.
We got a key high to form and a short term low to be broken.
That creates a break in market structure.
This tells us we have large funds who want to push or sell price lower.
Aiming for old lows to be taken out as targets.
Stop loss above the key high or if you scaled in on the Lower time frames Sl above short term high
Case Study #1 How to find Premium and DiscountHello Traders!
I wanted to be transparent and show how I got those two areas of interest, premium & discount.
There is no magic in the Fib retracment or extension tool.
Because price is sitting within the discounted portion of the price range does not mean click buy.
We need more than just this to frame a setup and take a trade.
I will go into further details as I rely more info on the case study.
AUD/NZD - Will it hit the 62??In this vid I point out that we could see a breach of the most relevant low at some point, which is quite near the 62% retracement area of the larger timeframe parent structure. It's interesting that the low and the 62% area are about 20 pips apart, which seem to meet the pip grade concept that ICT so eloquently fleshed out.
AUDNZD - 5 MIN REACP Quasimodo level??Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing signs of going lower. Already took some profit at QM level - Stop to BE.
Sunday Break Down on DXY and EUHello Traders!
I went into a quick breakdown for the Dollar Index and EUR/USD
I did not want to spend much time talking about certain concepts
as time is limited on this platform to 20 minutes.
I gave a quick Higher Time Frame Breakdown on where the marekts
are in respect to certain highs lows and voids.
What forms bullish conditions? Here I spoke on how the phases of the market gives you a buying opportunity.
I spoke on what to look for when we get expansion, retracment, and where to
anticipate a buy to take place on a smart money level.
We must trade with the banks not against them.
Buying is primed at discounted prices not premium.
Hopefully you found this video insightful and give it a thumbs up.
Here at Forensic Forex we do it Better.