ICT Short EURUSD OTE Entry (just mute, I cannot disable laptop mic)
Another example of an NY trade today, Shorted the higher time frame bias, Have marked the chart up to show my logic, When you determine what you are looking for to fit criteria pre market and pre trade IE ( A rules based system) its much easier to sit back and wait for the boxes to tick themselves, I dont force trades and I don't make the market give me something, I just ride the wave.
This is another FTMO DEMO ACCOUNT pass for me while still testing this Strat, in just this trade. The market is making these moves everyday, Deciphering the chart and looking for evidence is all I do, It doesn't need to be more complicated, I truly believe that, I know my chart looks dirt but I've written all over it for this video and I'm also colour blind so trust me, In my eyes its beautiful (lol) -
Side note, If your studying ICT or OTE etc etc hit my inbox to join a discord with me, I'm not selling anything I'm not looking for anything other than to exchange ideas with like minded people as trading is a lonely game, What ever stage of your journey you are at. Hit me up lets start a conversation, Especially if your a London / NY session trader..
OTE
Trade Idea for Feb 8 - AUDUSD & GBPCADAussie dollar has tap into H1 and has rejected aggressively and also creating another FVG which can be used as an entry going short. GBPCAD has rejected from a FVG and I'm looking to take an OTE going longs on the pair after yesterday's trendline liquidity was cleared.
EUR/USD Where next? Possible Bullish scenarioLooking over the daily on EURUSD, I noticed that it appears the ICT concept of the market maker buy sell model has been completed, This is something I need to revisit so that I can utilise better in my analysis however, From what I remember it would appear that all stages have been completed, Including the final "break of structure initial consolidation" stage.
Another thing to notice, This final stage on the right appears very similar in a fractal pattern to the original stage on the left. Notice the candles tell the same story in the same stages
1. Initial downward impulse
2. Consolidation (accumulation of orders maybe?)
3. A break of structure that would have taken liquidity (stops for anyone who went bullish and rolled stops to recent structure, A typical retail scenario)
4. Break of structure to the upside that did the same.
5. price runs above the relative equal highs and continues in the bullish trend.
Another thing to pay close attention to here, The green boxes through the larger fractal, these are imbalance candles ( an area where price was pushed through without the candles entire print being revisited for mitigation etc) Price seems to always return to these areas to draw on liquidity or re accumulate orders.
What is interesting is, On our last stage and recent two boxes, we have 2 daily candles that have these areas.
Does this result in EURUSD continuing to the upside from next week?
We will see, However, Some great points to visit here to refresh knowledge.
ICT Concepts Trade OTE_Asian Range_Spot High Probability SetupsHello everyone,
In this tutorial, we're looking at ICT precise concepts that can be spotted few days a week for a high probability setups.
I will post trade ideas as they are forming so that everyone shall consider taking and learn from...
Keep updated there is much to come..
Don't forget to ▶️ LIKE AND ▶️ FOLLOW for precise ideas and....
Do let me know what you want to learn more about or if something is unclear to you...
Your comments are welcome!
ICT OTE EUR USD - BACKTESTING when you are back testing, Make sure you are actually seeing what you are doing, its so important to look for things that you aren't necessarily trying to see, For example, I spend way more time studying my losses during a back test so that I can try to identify something that may have saved me from pulling the trigger.
but in this instance, Something I have never really spotted before with the OTE set up, Look at that correlation between price movement and divergence on the volume. Volume tells the story here, Price pushing hard to our level, Then volume strikes out, Unfortunately I cannot provide a lower time frame image, But feel free to look at NY session 10 NOV 21 and see it yourself.
ZB Bullish Setup 12-06-21A little scalp in the market on a Monday for a 2:1 R-multiple. I am not risking more than a percent given it's Monday and price did not dig into the price zones I was expecting, I demand my price. The setup in NY open is a Turtle soup and OTE setup.
No USD news High or Medium today.
Judas Swing | London Killzone | "Optimal Trade Entry" Explained Hello Folks hope you're all doing great as usual,
Today, I will explain something very basic in ICT teachings that repeats just so much and is super easy in fact..
This strategy combines multiple concepts of ICT teachings and is as follows:
1_we wait for the formation of Judas Swing(as defined by ICT) after New York midnight and it simply is waiting for manipulation to occur.
2_we wait for price to show inclination to go in the opposite direction
3_it is very important to enter in London Session(preferably in Killzone)
4_there are a lot of ways to find possible entry, and in this example show how to enter using OTE(optimal trade entry) pattern (it is a retracement to at least %61 (preferably %75 or %79) of the most recent price swing..
You can most probably hold the trade till end of London Killzone, so apply risk management and SL(below recent low/high) and you should be fine...
Don't forget to ▶️ LIKE and ▶️ FOLLOW to get more of a lot of useful explaination and good strategies to become profitable and just forget about what is called (technical analysis).
Your comments and opinions DO matter a lot! So let me know what you think!
+Thanks!
ICT OTE example breakdown, Looking at the chart as evidence. here we go again another ICT OTE in the NY session.
I know the charts a bit messy so lets simplify.
1. Order block is in higher TF structure
GREEN BOX
2. we are working against a HTF trend (pushing up when the Daily and 4 hour bias is down)
3. We are at extensions of the Sunday range, (price is looking for that sell high discount)
4. price shows us it has the backing to extend back to mitigate the order
5. price hits the order, DISCOUNT, HTF BIAS IN FAVOUR 79 percent entry (some people use this as a more reserved entry, Even the 62 is still not stopped out, could have entered again at 79 better price depending on Risk management and your flavour.
6. short break of structure to upside again, Trend line broken and stops hunted.
7. 3-1 easy.....5-1 if you held it.
Simplify, Things are easier to see when you simplify....
money doesn't care about your fancy indicators or rituals or mathematical calculations, The trade is an investigation, The chart IS THE EVIDENCE LEFT IN THE CRIME SCENE..
ill keep dropping them in, so that people can see examples, Drop a like and let me know they are helping.
designate target, Aim ... fire.
NY Open Setup for 11-10-2021Assets traded AUDJPY, EURUSD & AUDUSD
AUDJPY Bias is Bullish: Reason is because price is inside a Monthly Bullish Orderblock, H4 shows a Break in Market Structure, AUD interest rate is higher than YEN.
AUDUSD & EURUSD: Reason I bought is due to DOLLAR in a H4 Bearish Orderblock and below rests equal lows, hence DOLLAR objective intraday is Bearish and foreign currencies Bullish. AUD has a higher interest rate than EUR so it's highly favored in buying.
AUDUSD at a Bullish OB Mean Threshold and M1 shows a willingness to buy by creating multiple OTE and eventually breaks a significant intraday high, seeking equal highs from previous days.
EURUSD Perfect Entries, Low Risk High reward, Simple tradingSimple trading ideas and rules that work, It doesn't have to get complicated.
ICT OTE 3 opportunities in this weeks movements, 3 Trades that after establishing the OTE of a HTF move could have simply been left on order.
Very little "live time" in the market needed to obtain the rewards of these 3 trades this week.
Find the successful trade set up, Study it, Repeat, Investigate, show yourself its been happening for months over, Then study the how and why of the pattern trend or action.
Key things to find out are
does this set up occur (can you make money using this technique) WHAT IS HAPPENING
what is the story behind the engineering of price in this manner? WHERE IS PRICE BEING TAKEN AND WHY
For example in this example you can clearly see price being manipulated out of a channel to reach for
higher time frame liquidity which would have had many stop losses tagged out, Price returns to the Order block, Snatches liquidity which creates momentum for the continuation.
does a low risk high reward opportunity present itself AT THE RIGHT TIME (for OTE this is within London and NY)
are the targets logical? HAS PRICE BEEN TO YOUR TARGET BEFORE? WHAT HAPPENS WHEN IT GETS THERE? for example - (has this price been a spike in volume previously, or does price dance around and range in this area?) HTF TREND IN FAVOUR? LIQUIDITY POCKETS IN THIS AREA THAT NEED TO BE COLLECTED TO CONTINUE THE HTF BIAS?
Long story short.
Find your method
study the why
then study your pair! its not all about the technique, If trading is 90 percent phycology then the study of the actual pair, that brings the same traders and characteristics has to be advantageous. This is the why!
One market and one method can replace a job, Believe that.
ZB Bullish setup 10/14/2021ZB was clearly Bullish based on the Daily bias. I was trying to sell today in NY and my position got stopped out.
ZB had a Daily sell side liquidity and formed a Bullish market structure shift on Monday but stalled till the next day, moved in Asia but I am inactive during that time. NY open Tuesday formed a Bullish OTE, and today price hit the Relative Equal Highs (Previous week highs).
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
GBPJPY Trade IdeaThis isn't really an analysis nor a tutorial. In the process of studying, I was playing around with my setups and how they react to my fibonacci settings and GOOD LORD!!!!
They line up almost perfectly with my points of interest (order blocks, imbalances). With this setup, I just want to see how price responds.
Bearish Setup FOMC Wednesday 08/18/2021Supporting my idea of Bearish trend on US Equities during FOMC new release. As shown, on the H4 there is a Bearish shift and I look for Bearish OTE setup on lower timeframe to trade my idea/bias. Although I missed my optimum entry due to outside activities I still found an opportunity to trade my idea with a larger risk than I wanted but remaining within 2% of my capital. Time and time have I seen this formation setup and I am beginning to gain confidence each day I experience the markets.
GOLD ready to make a decision? | TRADE IDEA
Gold fell on Monday in step with a stronger dollar as investors cautiously looked forward to U.S. inflation data that could influence the Federal Reserve’s timeline for easing its bond purchases.
However, a gold recovered before NY closed and continued the rally during ASIAN session.
Possible pullback on gold around 1801-1798 (OTE) before further upside continuation.