Live Trading GBPJPY Potential Trend ChangeWe have observed a significant development on the daily chart known as a Structural Failure, indicating a potential shift in the trend. The price experienced a notable pullback beginning on Friday, and today, analyzing the daily candles using the 4Bar rule, we have noticed a stronger downward conviction on the 5-minute chart.
If the price remains below the 1DH (1-day high) throughout the day, there is a high likelihood that the downward slide will persist.
We hope you find this information insightful and enjoyable!
Livetrading
Live Trading Session 217: GOLD, Range and OE(3/5)In this live trading session video, we are looking at the GOLD trade and going through the Range or OE stats in correlation to the open price. We then look at this across the other instruments like S&P 500,EURUSD and OIL. In the next few videos, we will go into further detail on how this powerful cross-transferrable stretch principle can be aligned with the VSA methodology and applied onto intra-day strategies.
Live Trading Session 216: BRTUSD and What is BRO(2/5)In this live trading session video, we are looking at the Brent Oil trade and going through the BRO principle. We then correlate the BRO onto the lower timeframes. In the next few videos, we will go into further detail on how this powerful cross-transferrable principle can be applied onto intra-day strategies.
Live Trading Session 215: S&P and What is Stretch(1/5)In this live trading session video, we are looking at the S&P 500 e-mini futures and going through the Stretch principle. We then correlate the stretch onto the lower timeframes. In the next few videos, we will go into further detail on how this powerful cross-transferrable principle can be applied onto intraday charts.
Live Trading Session 204, Price and Volume Analysis USDCHFThrough this live trading analysis on price and volume, we are looking at how we took these 2 live trades by a 3 step process analysis using time frame correlation and the 2 bespoke indicators, SMI and VSA. We have included the video below to Trader Thiru's previous live trading post.
Trader Thiru is the head trader and part of the trading team at Master The Markets.
Live Trading Session 213: Stretch Principle and EOD positionsIn this live trading session video, we are looking at the reasoning behind our live EOD positions which are just under £400 in unrealised profit, the stretch principle for our intraday position and how to diversify your portfolio to reduce your drawdowns.
Live Trading Session 212: One profit and one lossIn this live trading session video, we are doing a post trade analysis of our 2 trade short positions on GBPPUSD where one trade was a profit and the other a loss. We go through the reasons for importance of executing consistently to realize your edge.
Live Trading Session 211: Trade ManagementIn this live trading session video, we are looking at how we are managing our short trade position on GBPUSD based on stop taking and continuation move patterns. We also take a slight look on the stretch principle and how it correlates onto the higher timeframes for the bar range to form.
Live Trading Session 209: Understanding T&Bs and TFCIn this live trading session video, Trader Thiru explains the concept of capturing a weekly bottom on a daily timeframe before it confirms on the weekly. He looks at real time trade examples of this occurring on AUDUSD,EURUSD and GOLD. He also shows a live trade of EURJPY that he and his team at Master the Markets are currently on based on this concept.
Live Trading Session 208: Price and TFCIn this live trading session video, we look at the daily and weekly correlation of USDJPY and AUDUSD to analyse the open equity left and place our trade orders with specific entry,stop loss and target levels. The principles taught here can be cross transferred to any other instruments.
Live Trading Session: SMI,VSA and Stretch PrincipleOn this live trading session, we are looking at how we used the 3 principles of SMI,VSA and Stretch to take a trade and exit it especially by looking at the most important stats of how much move is left upon point of entry,otherwise known as open equity.
EURUSD Live Trading - Short OTE ProfitHi all, Its been a long time since I posted, I've been doing the deep work behind the screen to finally formulate my rule set and investigation. Very excited to take this one to a live funding scenario soon as I have seen great success on a macro and paper trading level.
The concepts I use are ICT OTE, Adapted, Adjusted however you want to refer to it but bottom line, I only trade via the concepts I learn from ICTS channel which is all free.
I combine this with a "combined technical scoring system" = This gives me my qualified entries onto market.
Nothing more than that to it for me, I like to keep it as simple as I can, Utilise time and price and market sentiment.
I Don't think It needs to be more complicated than that, So if your trading is maybe take a look into it.
Things started working nicely for me when I stopped over complicating the process and focused on learning to find the set up in the charts ( THIS DOES NOT MEAN MAKE A TRADE FROM NOTHNG) It simply means to train the reticular activation system of your brain to see your set ups in market both historically and in live scenarios. This is why paper trading and practice is a must.
Ignore the monetary values they aren't real money.
Also - Small edit, I meant to say LOWER highs and lower lows is a good sign for a bearish market.
If I find more success with my method, I might share via YouTube, Not because I have anything to teach (ICT trader) for this, Simply because I might be able to help some people filter out the noise and focus on the concept of building a rules based system that is qualified by CTS score.
A rising Tide lifts all boats -
Stay perspicacious
Hunter.
GOLD : What Should Be Ideal Risk Reward Ratio OANDA:XAUUSD
A good risk/reward ratio could be seen as greater than 1:3,
where you would risk 1/4 of the overall potential profit.
For trading to prove profitable in the long term, a trader should not typically risk their capital for a lower risk/reward ratio,
as this will mean that half or more of their investment could be lost.
The risk/reward ratio marks the prospective reward an investor can earn for every dollar they risk on an investment. Many investors use risk/reward ratios to compare the expected returns of an investment with the amount of risk they must undertake to earn these returns. A lower risk/return ratio is often preferable as it signals less risk for an equivalent potential gain.
Consider the following example: an investment with a risk-reward ratio of 1:7 suggests that an investor is willing to risk $1, for the prospect of earning $7. Alternatively, a risk/reward ratio of 1:3 signals that an investor should expect to invest $1, for the prospect of earning $3 on their investment.
Traders often use this approach to plan which trades to take, and the ratio is calculated by dividing the amount a trader stands to lose if the price of an asset moves in an unexpected direction (the risk) by the amount of profit the trader expects to have made when the position is closed (the reward).
KEY TAKEAWAYS
The risk/reward ratio is used by traders and investors to manage their capital and risk of loss.
The ratio helps assess the expected return and risk of a given trade.
In general, the greater the risk, the greater the expected return demanded.
An appropriate risk reward ratio tends to be anything greater than 1:3.
GBPUSD :Moving Average Trading strategyOANDA:GBPUSD
Gbpusd is trading in Bullish pattern now
After breakout from channel down , Market retested the channel line
Now market is making higher high
breakout of current resistance level will make it more bullish
Our target will be buying dip's
Target 1.2285
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