I’ve seen every PTC at least once, every skills, concepts and strategies videos (Asian Range etc) at least twice and the entire Trade Plans series three times. Market Mapping is now 6 times. I feel like I’m sitting in ICT’s living room on the couch and letting him describe why he thinks trading is easy. So I take off my shoes and keep my mouth shut. That experience is worth what ever price you would want to charge. If you want to be successful, hang out with successful people.
personally, I look at all time frames and use it as follows:
Daily- a change of tide could be coming in the next week or so. What other signs are pointing to a change
4 hr- a change could be happening in the next day or two, look for signs to confirm, start planning your trade
1 hr- a move is coming soon, plan your trade- S/R and OTE, reflection, or entry method of your choice
15 min- the move is imminent, are we at a level of S/R, are we in OTE, reflection, etc
the reflection pattern is the market review video on 6/1/2012. I think MACD is introduced in the How Professionals use Indicators video from Day 15 ForexMas 2011. I’m sure Peterma can chime in with more videos where MACD is used
thanks for the SMT responses. Even though I have watched most of the videos, and some 2 or three times. I am trying to learn the info, but some times I feel like portions of all the concepts are floating around in my head. Now I just need to get them in order and marching to the same beat.
Yup i have 3229 as my final tp, and will look to short from there, also currently possible trade is at 3216 level on 1min tf, bur i think will go north bit more.
peterma (is that Peter moving average?) - great stuff, thank you. Please can you start a new thread for this and keep the first few posts reserved for future additions.
This is all good stuff but just be careful you guys are not over trading and make sure you journal everything. You shouldn’t really be longing then shorting then longing … just aim for a small number of pips consistently every week, that’s all you need to make enough money to live a VERY good life.