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Ictstudent

$BTC - Smart Money Technique- Long at Bullish Order Block ***Smart Money vocabulary used so if you are not familiar with Smart Money Technique and you must understand that there is no Supply and Demand, the chart is controlled by an algorithm. Period. If you do not believe that or have an open mind into believing that, you will have a hard time understanding Smart Money Technique. This is what the Big guys with the money don't want you to know that it's an Algorithm**** -SHORT TERM TRADE 53093 IS WHERE THE BULLISH ORDER BLOCK BEGINS, STOP LOSS JUST BELOW THE CANDLE. It could possibly reach to the bottom of the fair value gap at 52844 before moving higher. So if you want to put a s/l there use lower risk, higher risk at the closer stop loss. and then if it hits the stop loss wait until it gets to the bottom of the 15 min fair value gap. It's going to attack the liquidity resting above the short swing highs at 54750. Then it may bounce back from a bearish order block notated by the redlines above (55,100 or 55220) But there are equal highs as well at 55,220 where liquidity maybe resting and there is a redeliver-rebalance candle, tht is the current high skinny candle which creates sort of a incognito gap for the algorithm, th fat bullish candle next to it is that gap and that's where price wants to go first. Once it gets there it may consolidate, retrace even, or just shoot straight up to the top of the 4 hour fair value gap notated by the green box at the top 56011.0, so thats my short term trade from 53093 to 56011.0 P.S. It could appear as if it is going up off the the top of the fair value gap, it may hit a bearish order block first then come back down to the 53093. If it goes up and does come back to the bullish order block, well then I missed out on the trade, but I'm waiting specifically for it to come back to the bullish order block Please forgive my chart, I know it's not the cleanest thing in the world, but you have to keep track of al the little nuances in Smart Money Technique to get it right
BITFINEX:BTCUSDLong
by BodiesXWix
$BTC Hit Bearish Order Block median--- twice. (SMT)***If you don't know Smart Money Technique Vocabulary, this may confuse you as we believe all charts in all markets are controlled by an algorithm, don't believe me? Pay attention to Inner Circle Trader. As his student, I've learned everything I know through him And he's so spot on*** It seems that bitcoin has made. Decent Run and no one can explain it. Well for one, It spent way too much time in the discount portion of the monthly fair value gap. And two it was nearig the end of the month and for the algorithm to work on it to keep going higher we needed to create a bullish order block on the monthly. That didn't happen but the bullish Order Block on the Weekly looks great. Yesterday before the end of the week, the orice dropped to hit the order block which propelled it into today to hit the median of the bearish order block, and that's why it stopped where it stopped (Bearish order block = last up candle before down candle closing below the up candle, measure that (weekly) in half and thats the median Bearish order block, right where BTC stopped) (Too Much time in the Discount portion of the Monthly FVG Chart) (Half the Order Block Stopping the momentum - Weekly) However if we don't get. quick fall like we have been getting when the price hits a bearish order block, but instead it has hit the mediann twice, I believe we're looking at price breaking that median barrier. It will probably zig zag for a minute to confuse people, (people will start chasing a buy, then it may sell off a bit, then they start chasing that) Watch for the lin of the very last bearish order block (4 hour 1 hour 15 min) If it appraches that it will get rejected but it could continue moving up trying to take out the liquidity above tht most recent swing high. That is what I personally believe it is going to do. 4 hour: $51,050 1 hour: $52,515 Above the most recent high lies all the liquidity where evereones buy stops, or sell limits are at, price wnts to get there if it continues to push up. I don't see anything in the form of liquidity on the way down. Mybe we'll get as high as the last weekly beariish order blocks median which is 59136 \ this is all Smart Money Technique, The best way to describe smart Money technique is to think about how you would normally trade, now think about the guy that has 1000000x more money than you knows you would trade, the chart is going with the guy that has 100000000x more money than you. Thanks for reading, Hope this made sense COINBASE:BTCUSD
BITFINEX:BTCUSDLong
by BodiesXWix
ICT OTE - QUICK 3/1 IN NY on EUR USD today Quick example of the OTE playing out with great confluence, Nice opportunity to snipe some pips from the market today and have risk on and off within 1 hour. ICT concepts and OTE play out in the markets often and with great accuracy and results. this trade had: HTF in favour POC sessions in favour OB areas to be mitigated Expectations based on extensive back testing Volume, Time, Price = ( Volume is the by product of correct time and price )
Short
by hunterprotocolFX
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
Short
by hunterprotocolFX
DXY ANALYSIS Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER , As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI). Looking at the chart there is a draw on liquidity I marked which is the LRLR/MONTHLY FVG , I expect price to fill the daily FVG/BISI in the MITIGATION BLOCK area, retest SUPPORT and rally up to seek the LRLR/MONTHLY FVG. I'm expecting bullishness on the Dollar short term from my view.
TVC:DXY
by otegah
$BTC - Equal highs = liquidity draw - Very BullishThere'e be a few fair value gap and berish order blocks along the way to knowc the price down a bit. But you have remotely equal highs which meamns there is. tone of liquidity resting aboveand around these areas of "Resistance" They're not resistance, they're just part of the algorithm themselves that were knocked back due to fir vlue gps and being oversolf on liquidity runs. Think outside the box. Think like. banker. Price will get above these equal highs in. matter of time but should've get any lowere that the 100% that I have (closed candle) if it does maybe look to go short, but this is still bullish to the extreme. COINBASE:BTCUSD
BINANCE:BTCUSD.PLong
by BodiesXWix