SIMPLE ICT CONCEPTS FOR TRAADING SYNTHETIC INDICES The Inner Circle Trader (ICT) concept for trading Deriv synthetic indices involves using sophisticated market analysis techniques and proprietary trading strategies. It focuses on understanding market mechanics, price action, and order flow to make informed trading decisions. ICT strategies leverage advanced tools and ICT knowledge to predict synthetic market movements, optimizing entry and exit points for higher profitability and risk management.
Ict
FAIR VALUE GAP OR ORDER BLOCK ENTRYA fair value gap (FVG) and an order block entry are concepts used in technical analysis within financial markets to identify potential trading opportunities.
### Fair Value Gap (FVG)
A fair value gap refers to a price range on a chart where there is an imbalance between buyers and sellers, often resulting in a quick movement through this area without much trading activity. This gap can create a zone of interest where price may return to fill the gap, presenting a potential trading opportunity. Traders look for these gaps to predict price movements, expecting that the market will revisit these areas to achieve a fair value.
### Order Block Entry
An order block is a consolidation area where significant buying or selling has taken place, often by institutional traders. These blocks are typically identified by a cluster of orders that create a strong support or resistance level. When price returns to this level, it often reacts due to the presence of unfilled orders, providing a strategic entry point for traders. Order blocks are used to predict where the price might reverse or continue its trend, offering a high-probability entry signal based on historical price action.
Both concepts are used by traders to make informed decisions based on the past behavior of price and volume, aiming to identify areas where significant trading activity is likely to influence future price movements.
R2F Weekly Analysis - 26th May 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. Without any prior preparations on the chart, I'm going to go through various pairs, and giving a real-time view of how I perform my analysis on the weekends before the new week. I'll give my take on what has been happening, and what i'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
If you are lazy to watch the video, which is your loss as you will miss how I analyse the market.
Currently, the sentiment is still the same as last week's analysis. I am mostly keen to see how this monthly closes on the DXY. If we can close above the nearest Monthly gap and create new Weekly gaps higher, I would be keen to hunt for a short on XXXUSD pairs and longs on USDXXX pairs. If we do expand higher before the month is over, via a news event or convincing manipulation, then I would also be interested in the same as sooner or later I am anticipating a bullish USD.
- R2F
Implementing SEASONAL TENDENCIESHi guys,
In this video I go through what are "seasonal tendencies", and how you can implement it into your analysis and strategy(ies).
Seasonal tendencies in the context of financial markets are basically what the particular market or asset has historically done throughout the years in terms of bullish or bearish movement. For example, in April-May the US Dollar is usually bearish, and from May-June it is usually bullish. This is useful information because it can add confluence to your bias/analysis. However, you do not want to solely use this information as a reason to get into a trade. The data is based on the past, and is not indicative to the present/future and also does not represent how much a market or asset can move because the data is only measured relative to what it has previously done. The best approach is to use this as an additional thumbs up if it coincides with your analysis, and if it does, then it allows you to be a bit more cautious or risk averse.
A simple analogy is the weather. If you were planning a holiday to Thailand for a sunny getaway, the best times would be from March to July. Most likely you are not going to book a holiday in November during the monsoon season, unless you actually wanted it to rain every day. However, some years have had very little to no rain during the monsoon season. That being said, you would most likely choose to go during a time that seasonally has hot and sunny weather. This is how you can use seasonal tendencies to add an additional layer to your analysis.
I hope that was insightful and gave you some ideas to test if you've never heard of seasonal tendencies. You can implement this both as a technical or fundamental analyst (or both).
Til next time, happy trading.
- R2F
Ethereum to Lead The Alt Season!Hi guys,
Related to my recent analysis on ETH/BTC, we could very likely see ETH/USD(T) making some big moves, which is already starting to do. This would be very bullish for alt coins as Ethereum leads the alt market.
Check out my analysis in the video to see how I break things down using ICT's Concepts in a very simple and easy way to determine bias and narrative. This works in Forex, Commodities, and of course, Crypto.
Happy trading!
- R2F
Weekly Forex Forecast May 20-25th... Part 1This 2 part video covers ...
- USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY
- S&P500, NASDAQ, GOLD, SILVER, CRUDE OIL
Thank you for viewing!
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
May profits be upon you.
Ethereum About to Make a MONSTER MOVE??Hey everybody,
Hope all is well.
Today I take a look at the ETH/BTC chart as there is something significant on it. Price has just reached a YEARLY FVG. Yes, you heard that right. For ICT traders, you know what i'm talking about. This is significant in that large moves can occur. So let's dive in as I do my analysis, clean and simple stuff.
Basically, ETH/USD may be a better choice than BTC/USD in terms of returns. As usual, do not over-leverage or get greedy. This is the yearly chart that I analyzed so patience is paramount.
- R2F
Weekly Forex Forecast: May 20-25th Part 2This 2 part video covers...
- USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY
- S&P500, NASDAQ, GOLD, SILVER, CRUDE OIL
Thank you for viewing!
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
May profits be upon you.
ZEEL Buys from the gap. As predictedWe have seen significant liquidity purged and already seen a 10rs rise in price since that level. Look for a retracement to fill the gap on the daily for longs.
The 3-Step Method For High-Quality AnalysisIn this video I give you the 3-step method I use to do my analysis.
By incorporating these steps, it is also how I do my top-down analysis. You can think of it as a checklist as well.
First, I have my Bias, which determines where I believe price is drawn to. For example in the case of SMC/ICT Concepts, we observe where the liquidity is in the market and use that to frame where price is likely going to go to sooner or later.
Secondly, I have my Narrative, which is on a lower timeframe, and paints the picture of HOW price is going to form in order to initiate the move to that price target. This usually includes more engineered liquidity on lower timeframes, and manipulation to happen.
Thirdly, I have my Confirmation, which is where I want to enter a trade. This is the lowest of the three timeframes, and is the final point in which I will frame a trade setup. Usually I will look for the exact same things I look for in my Bias and Narrative, but on this timeframe. I also tend to include the factor of time, such as Killzones, Seasonality, and News Drivers.
Note that the timeframes can be anything you want them to be, and you are not restricted from moving from timeframe to timeframe. But, the important thing is to be consistent with WHERE you believe price is going, HOW you think it may get there (this can change as price forms), and again WHERE you are going to enter a trade.
- R2F
Trade Like A Sniper - Episode 7 - ETHUSD - (16th May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing ETHUSD, starting from the Monthly chart.
- R2F
Trade Like a Sniper - Episode 6 - XPDUSD - (15th May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing XPDUSD, starting from the Monthly chart.
- R2F
R2F Weekly Analysis - 13th May 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. Without any prior preparations on the chart, I'm going to go through various pairs, and giving a real-time view of how I perform my analysis on the weekends before the new week. I'll give my take on what has been happening, and what i'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
If you are lazy to watch the video, which is your loss, the TLDR is that I am still bullish Dollar and waiting for the manipulation and reversal back to the upside, potentially this week with CPI/PPI/FOMC red folder news occurring. All my analysis of other pairs revolve around this.
I did not go to the sub 4H timeframe in this video, but how I do my analysis on the higher timeframes is the same as how I would look for entries on the lower timeframes. The only difference is that I would consider the ICT Killzones and weekday tendencies along my usual techniques.
Hit me up if you want to learn more or are struggling to find your footing and need help.
- R2F
When Are You READY to Trade with REAL MONEY?Hello hello, R2F here with another discussion.
Today, I'd like to go over the question, 'when do you know you are ready to trade with real money?'
Too many traders rush into trading with real capital before they are ready, and end up losing more money than neccessary on learning journey. People are generally impatient creatures and want to get into actions as soon as possible. Perhaps they want to find out if they are magically a trading savant before wasting time on all the usual work that is required.
However, trading is extremely simple, albeit not easy. The difficult part comes in the form of the investment of time and experience, and refining yourself as a person. Once you had that in the bag, trading offers the potential for generational wealth that comes with the freedom of time.
Without further ado, I share my thoughts on how to approach this burning question.
- R2F
Trade Like a Sniper - Episode 4 - XAGUSD - (10th May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing XAGUSD, starting from the Monthly chart.
- R2F
GBPUSD - Short Trade Idea, Analysis, and ICT EducationHi friends,
I hope everyone is doing well.
In this video I share my analysis and bias with GBPUSD, I show you how I come up with this analysis, and I advocate additional confluences in your analysis as well as demonstrate what I mean. But please note, I am using ICT Concepts. If you aren't familiar, then it wouldn't make sense to you. However, you will probably have your mind blown anyway. No other concepts allow you to predict price action with accuracy before patterns form.
As you know, I've been expecting a stronger USD and Weaker XXXUSD pairs. We have quite a few confluences going on which give me faith in this bias and narrative. You'll have to listen to me ramble in order to find out the sauces that I use for my bearish dish. Apologies to the lazy folks ;)
I implore you to go into your own charts and study the same thing. If not, you'll be cheating yourselves.
- R2F
"The Bodies Tell The Story.. The Wicks Do The Damage" - ICTIn this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear him say that the wicks are painting outside of the lines, which he sees as permissable when he is trading his PD Arrays. So without further ado, I'll try my best to provide some insight.
For illustrative purposes I'll use his Market Maker Sell Model. Just to note that this is not a video teaching about his market maker models, so the focus will not be on that or his other concepts. If you don't understand a certain term or concept, please check out ICT's YouTube Channel or the countless other resources online. This video will be predominantly shedding some light on candle bodies and wicks.
I urge you to go into your own charts and do your own study. This will truly be something eye opening if it is the first time you've actually decided to take notice.
- R2F