This is a short but good thread here on babypips(if you haven’t already seen it):
http://forums.babypips.com/newbie-island/45248-ict-market-flow-structure-help-please.html
This is a short but good thread here on babypips(if you haven’t already seen it):
http://forums.babypips.com/newbie-island/45248-ict-market-flow-structure-help-please.html
I’ve never seen that before. that’s pretty good, thank you. You too Robert C. PPF your posts are in the BP iPhone app description. You’re immortalized now.
Looks like MS is helpful for establishing longer-term pushes. But I like to see how to be able to be use it on a shorter time frames like 15 and 30 minutes, If applicable. Either way some screenshots are the way to go.
Here is EUR/USD. ICT Market Structure indicator applied - default settings. Blue are Long Term High/Lows, Red are Intermediate Term High/Lows.
Daily - Market Structure down.
H4 - Market Structure up.
H1 - Market Structure up. An ITL has happened above the previous LTH.
M30 - Market Structure down.
M15 - Market Structure down.
Please correct me anywhere that I am wrong.
Very nice. So if I get this right the criterion for breaking market structure is to break an intermediate-term higher low? Market flows only concern with the fractals and doesn’t designate long-term short-term or intermediate-term h/l. That’s why market flow can be down but market structure can still be up?
In ICT’s last video he was using market structure on a 15 minute chart To allow him to get into a trade trading off the big figure. Would love to have that fleshed out a little bit.
My knowledge level sounds like it is about the same as you. Your question prompted me to revisit the subject - which I feel is like a bottom rung on a ladder that is missing and I have continued to try to climb without getting straight.
Hopefully some of the more knowledgeable posters can add their input.
The posts on this page do a good job of laying http://forums.babypips.com/show-me-money-daytrading/43211-inner-circle-traders-millionaire-traders-guild-65.html
I have learned a lot from ICT’s live trade video - I know I would have missed the break in MS on the 15min, I def would have trailed sl to b/e and have been stopped out or I probably would have been watching the profit amount and bailed from the trade early - it was great to see and hear ICT’s thoughts as he was actually in the trade - many thanks.
Ahh, that’s the key sentence
Market flow , is based on just breaking swing highs and lows
Read more: 301 Moved Permanently
I was looking at it right, terminology, don’t know about you guys but it’s a necessary evil for me at times.
Taking another look at the EUR/USD 15M chart:
Market Structure is UP - Rightmost blue dot.
Market Flow is UP - Price is trading above the rightmost red dot.
Purple lines are previous day high and lows.
Moving averages are trending down - blue is 18 period, red is 40 period.
Price has climbed up to the previous days low as resistance and stopped rising.
High and low trendlines are light blue - price looks like it attempting to break above the upper trendline.
Edit: Don’t know how to delete the extra old image at the bottom of the post.
Videos that feature MS/MF:
At 08.45 mins
Inner Circle Trader’s Market Review 03/26/12 - YouTube
at 58 mins
Inner Circle Trader’s Weekly Price Action Review - YouTube
at 03.40 mins
Inner Circle Trader’s Market Review 05/20/12 - YouTube
02.30 mins
Inner Circle Trader’s Market Review 06/01/12 - YouTube
14.35 mins and also 22.20 mins
InnerCircleTrader 11/04/12 - YouTube
Market structure explained 27.30 mins
Inner Circle Trader’s Trade Plan Development Part 6 - YouTube
at 11.00 mins
Inner Circle Trader 11/07/12 - YouTube
at 30 mins
Inner Circle Trader’s Market Review 06/24/12 - YouTube
at 12.30 mins
Inner Circle Trader 11/12/12 - YouTube
Hope this is not over the top
Yes, but on The 4h, mf is down, it broke the previous swing low, so I think we will reach for1.2970, take out some stops and go lower
It will not take much longer before you are acquired by google to complement the search results with fx specific info.
Taking a look.
Hopefully I am not coming off as trying to come off as posting with authority. Trying to learn by posting.
Of course not. One of the most frustrating things about studying ICT’s material is it is so spread out over the past year or two that he has been posting.
Go for it, show’s confidence, and confidence is good.
That’s what I’m trying to do mostly on my site, a kind of index, catalog, a structure, unfortunately by the time I get round to doing what I want to do with it, you’ll be too experienced to make use of it, still be handy for reference though I hope.
EDIT: Actually come to think of it, it’s handy for me:) if only as a glorified bookmarker.
That sounds great.
You’re doing great
It was just an observation from my side, and I just started to integrate these concepts into my trading.
This together with the weekly range and pick top/bottom on tue/wed just fuelled my account.
I agree with you, it was really helpful to watch ICT trade live. Wish he could do it more often and give us more examples if possible. I just want to learn to see how he goes about doing his business in real world. Although saying all this he did mention that in 2013 he will be doing live events , not 100% sure what they will be all about, but i think ICT has a grand plan for it all, maybe something like when he was trading in 1991 if memory serves me correct, but only a guess… who knows exempt ICT him self.
ICT this a question that i keep on seeing pop up and think a lot of people are unsure including me the market structure concept and how it is applied in real trading environment?
With Market flow as i understand it all we are looking for is a break of most recent fractal.
Market Structure is alluring me a little i will refer to the trade that you posted last night. You took the trade based on the fact that we broke the structure when price went above that first small bounce of the 1.6000 big fig. That was a confirmation to you that if price comes back in to ote area it is a anticipated pull-back to continue higher because ShortTerm M.S. is Bullish after the swing high of the big fig was broken. I hope i understand this correctly.
You where talking about this very same thing when you took the Aud/USD trade.
1)You identified a KEY S/R line
2)You anticipated a price reaction
3)Price bounced at key level rallied creating point 3 and came back for retest
4)Price bounced again breaking point 1 (see pic
5)why not take the retrace when price broke past point 1, it did give a nice ote?
5)You patently waited for it to do it’d thing and sure enough price heads north breaking point 2 and if i am not mistaken you took the trade when it came back in to ote( because MS turned Bullish ? Am i correct in my reasoning?
The point 3 was mentioned in webinar several times and it was the turning like a key point that need to be broken.
The reason i brought this all up is when does MS turn bullish in that example at point 1,2 or 3? and why.
Hope you can find the time to address this topic time permitting…
Thanks for reading
I’m waiting for it to go to 1.2960 and then shorting for at least a 150 pip fall. I only trade off the daily but hit target of at least 5 confluence points: