I agree it’s less stressful it’s just the mental shift to hold the positions for longer. But taking partial profits on this should help. But my preference is Daily for direction, 4HR & 1HR to narrow the entry.
Also looking at the SMT and Stochastic divergences too with my primary tool the OTE.
Anyway night night for tonight Hurt Locker just started so off to watch that and get some kip. Speak to you later.
Yea I was taking 10% at support levels. That way it doesn’t retrace and stop me out and I’m left with nothkng
Hello all.
I have been lurking for quite some time here. First off, I’d like to give thanks to Babypips and ICT for the shared knowledge, as well as the teamwork between members in the sharing of ideas. It has been an excellent learning experience. Now, I am interested in giving something back.
I am ready to go live. I have been trading using a real account (VERY SMALL; $10) for quite a while. Due to my performance and consistency, I am ready to utilize the funds I have had in waiting. Still very small, but it is all I can afford to lose.
In order to keep myself grounded, I had planned to write down some of my thoughts and such; however, then, I had a thought. Opening up always helps one get to know oneself better. Also, it can help others get to know themselves better.
I am thinking of starting a blog/journal on a site like blogger, blogspot, etc. This blog would not report my trades or the dollars. It is not even to say how much I won or lost, nor is it to state/show my analysis. I want to share the emotion of the experience. I haven’t seen anyone doing quite what I have in mind. I have seen people stating their analysis, some of how they feel, and what their trades did, but not just the pure emotion. I would like to share the journey of starting with what I have (basically nothing), how that feels, how it feels to win/lose etc. And how it feels to succeed or blow up the account should that happen (although, I am usually smart enough to know when to quit and go back to the drawing board).
I don’t know how well this would work. I also don’t know if anyone would be interested in reading something like that, or if it would be something that would be helpful in understanding your own emotions. I just know that often times when I am reading how others are feeling, or when I hear others speak about how they are feeling, I am able to discover more about myself.
Opinions? I am going to do something like this for myself regardless, as I feel it will help me. However, if people are interested and/or think it could help them, I would be happy to make it public.
DM412, Opening a blog is a cool way to track your progress. I would encourage you to open one here on babypips. There are several that fallow ict’s work that have one here. Its an easy way for us to compare notes. 
Way to go on taking small steps in building your account.
I’m probably doing something really stupid but anyway:
Does anyone know how Barchart.com calculates the OI for the COT?
The OI showing for this week is 34,404 but that doesn’t tie in with the actual COT Data. It doesn’t match the OI stated on the weekly report neither does it match the OI less Commercial Spreading, which is another way of calculating it.
I know that generally speaking its the change rather than the actual figure that’s important but the figures are out by almost 25% - by the OIs mentioned above?
On Bloomberg, when comparing cross country yields, that is, GER, UK, US
What do you look at normally, the 5 year yields??? I ask because I considered looking at the german triad 2, 5, 10 and it´s crazy some going up some going down :O!!! Idk how i´ll get insight from this.
Do you normally just look at the 5 year or 10 year yields when making a cross comparison?
You will find a lot of useful info on the bond markets on the ICT videos - see the list under ’ divergences in the bond market’ page 5 of Clint’s thread here:
http://forums.babypips.com/newbie-island/49172-glossary-ict-terms-abbreviations.html
Is anyone here good on Excel?
What I would like is can someone prepare an Excel spreadsheet that has a formula to add the starting capital and another field that can adjust the monthly gain (IE 5,10,20% etc) so that it automatically calculates the gain and new account balance.
Even better would be instructions, then I can do it myself and will know for future. Shocking I don’t know this already as I use Excel daily and have done so in work for over 6 years. 
I would love to know how to put in the formula for the % as well!
I’m sure someone will be along shortly. Off to watch the football or (soccer) for the Americans amongst us.
Tommy
If col 1a is your starting amount and col 1b is your account percent increase then in col 1c put
=1a * ( 1 + 1b )
Basically you initial amount multiplied by 1+percentage.
I’ve attached a simple spreadsheet that will do this for you (download and unzip - I wasnt sure I could upload an XLS file directly).
You put in your starting balance and monthly compound percentage and it will calculate account growth up to 20 years.
Don’t let it get to your head though 
monthly_compounding.zip (5.68 KB)
Thanks Akhor. Appreciate the code.
Thanks Jonnycab,
Millionaire in 5 minutes of LO tomorrow. Haha.
Thanks for the spreadsheet.
Forgot to mention that this code assumed that the number you enter into percentage is a decimal number (ie “0.20”). If you want to enter “20” then you need to adjust the code as follows:
=1a * ( 1 + (1b / 100) )
probably most of you guys have seen the video (at 8.00 mins) where ICT give a preview of the ORO pattern.
There is more info to follow, but what I’ve seen it looks an ideal entry pattern for a limit order - seems like a confluence of two well known patterns.
I have been experimenting with the value of limit vs market entries - limit wins hands down.
yeah, in my eyes the oro pattern is “just” a reflection into ote. don’t know if the kz (lokz) is relevant for his definition. BUT, the funny thing is. this very pattern, reflection into ote in LOKZ has been my favorite for quite some time. i actually drew a picture of that setup for my notes a couple of weeks ago. combine it with smt + stoch div and you win. period.
ICT mentions in a recent tweet not to forget the prior weeks range and how he trades it. I thought I had gone through every video but this went over my head. Can someone point me in the right direction please?
I’ve not watched this video yet but from what Michael spoke about it in the recent livestream, sounds very similar to something I had been doing during my trading over the past few months so really looking forward to it.
Interesting, do you have a picture you could post as a visual?