Ok guys I am going to show yet another trade using these concepts. The trade I was in last week since the gap was pretty big coming into this weeks open. Knowing ICT and experience gaps like to close but not guaranteed I set my stop at 50% of the gap coming into the open. That way If the gap closed I got out at a decent price and if it didnt I survived to ride it out. Well it closed so I got stopped +120 pips. Not bad but have had better. There was 2 reasons for this tightening of my stop. 1 gap like to close and since it was a wide gap why ride it out just get stopped and look for new setup. 2 if the gap closed it sets up OTE from friday so why not get stopped and not take the draw down and just get in then. Well again stop closed and OTE set up. Not only that daily trinity sell zone almost a pivot and my favorite pin bar setup. I will show the trade since a lot of folks seem to think its a gamble to have stops as small as mine using these concepts I will have to show that there wrong again and you can do it in a bull market (shorting). So off of whats above I will post some charts. Again trade from last week got stopped. To do so had to set me up in OTE for a short.
Here is the 4hr where my trade was based on my trading plattform.
More to verify I had a little bigger than normal stop since it was off the 4 hr (20 pips). Because of that I went 2 lots. This is where me and ICT differ a little he states take some profit at 25 pips I use a 1:1 ratio. Meaning I entered 2 lots at 20 pip stop. So I am looking for 40 pips to cash 1 lot and set stop to BE (now dont get me wrong a little wider I will just set stop to BE). Let the other run till stopped out.
Now here is my reasons for entry on the 15 min
As you can see in the sell portion of the daily trinity mid pivot and OTE along with the 50% mark of the pin bar on the 4hr (as you can see I was late as always and it went back up higher but failed to break the pin bar happens but I lived). There it is. Now keep in mind I had a strat comming into this thread and was profitable so I will not fix whats not broke however ICT concepts work> they have fine tuned my strat in ways I never expected coming into this thread. Thats what I want to say here and have said before. I see you al using the same tools over and over every day. I am here to say he gave you so many more tools than that. Use them all. Its up to you to break out the tools you need when and where. Thats why he has tried to tone down you alls trades. All you need is 1 a week. Look at mine if I get stoped what does it matter. If I did before what does it matter. Hell I could quit trading for the rest of the year (almost) and hit all targets. Keep in mind guys this is one pair one direction. Simple easy and works. Dpes not matter what markets want to do ICT gave you the tools to do what you do no matter what. Last year I went long and short this year I read what ever post he has with happy faces on it saying that it does not matter what the market does. I am here to tell you it is one of the first videos but is true from the very beginning. Its all how you look at the ammo you have been given.
If you do not help us noobs we will grow.