I don’t think there is one available. I’m sure PurplePatchForex putting something out awhile back. There is also an indicator on the MQL4 website - InstLevels_20_80 - copy attached.
Hope this helps.
InstLevels_20_80.zip (1.3 KB)
I don’t think there is one available. I’m sure PurplePatchForex putting something out awhile back. There is also an indicator on the MQL4 website - InstLevels_20_80 - copy attached.
Hope this helps.
InstLevels_20_80.zip (1.3 KB)
Hey Guys! i’m back from a 4 day intensive Chris Lori Workshop! not sure if this is the best place to write this review but let me know if you guys have any better ideas and i can take it down or copy and paste if somewhere else.
i had a couple of private messages before i left asking me to let them know what i thought of the workshop so i thought it would be easier to write a review and more beneficial for the ICT community to get a students opinion on it.
First off i can’t teach you what i have learnt, 1 because i cant condense the 4 days into a 5min email ;-), 2 because i signed an agreement not to teach it, 3 because i feel its unethical to teach it while its still being sold anyway.
Also a quick mention that the hotel was excellent!! and food was great!! certainly helped being very comfortable when you have to concentrate for 4 days.
Anyway lets get to the meat of the review! I must say i really thought there would be more overlap with ICT material and Chri’s teaching but there wasn’t! I did spend some of my time learning and at the same time looking at how i would use it to compliment my current methods that we have all learned from Michael and i can say that what you learn can be used with probably any method or of course on its own!
A key thing you will take away from the workshop is the …how can i explain it… You will have to connect with the market and more importantly price, and the way to do it is through the exercises that he gives you. A quick example… you may be a London open trader and there are a few exercises you can do in this session to study what price does and how it reacts, you will then look at previous and future live data at that specific time and record the reactions.
These exercises will give you the confidence to know what is most likely to happen and help you make a unique trading model and risk plan to trade with. Also the point of exercise is that, as i did and i’m sure most do when starting trading, you get a method and you start trading it, then you have a few losess and think this is crap i’m moving on to the next thing, but that method hasn’t really been tested properly. Let me give you a different example, ICT teaches us a method or gives us a trading plan, we then start trading that plan, we have some degree of confidence obviously because we trust the source, then we take some winners and some losers then we don’t understand why we lost the trade or if we are doing it right, well its simply because we haven’t done it enough times! Test it first, not 1 to 10 times but 100-500 times! At this stage everything is second nature, you know when to get in, you know when to get out, you know your risk parameters and you are not sweating about pushing the buy/sell button lol.
What else can i talk about… PRICE ACTION…its pretty F’ing cool! if you are a bit geeky like most of us on here anyway lol
Now, a lot of the content is taught on a intraday basis and it was a little bit difficult adjusting to 1min and 5min time frames, but not that difficult. You do have to understand that the reason for this is because the smaller time frames will help you interact with the market quickly and often, however all that you learn is fractal in nature, same as Michael’s!. Just to clarify when i say fractal i mean that you can use the same concepts on any time frame.
Here’s another thing i noticed, if you have been to any other workshops, free seminars or Gurus sharing their secrets you will notice that everyone in the room is fresh (not much experience) and they will usually give you some crap system with indicators or try upsell you onto a more expensive course or mentorship programme. Alarms bells should be ringing in your head, well they will do after you have been ripped off a couple of times lol. Here’s the difference on Chris Lori’s course, you feel a lot more confident for a few reasons, 1 you don’t get an upsell, 2, You can tell the content is quality (well i can after seeing all the crap from others lol) 3, in the room you have a few students that started a couple of years ago that are actually making money and they are happy to share their experiences with you.
Ok this email is getting pretty long so i’ll cut it short here and if there are any questions feel free to ask and i’ll do my best to reply soon.
In short, if you are serious about trading, i mean serious! and you are willing to do the exercises given then Yes it is totally worth going! It has certainly changed how i look at price!
Hi Tycoon, thks for posting.
Do you know whether the various courses on his web site would be similar in content to the workshop?
Thanks for sharing Tycoon, nice to hear positive stuff from a forex seminar.
Good job guys!
Long @ 1.3430 here (limit order after the drop this morning), usual 15 pip SL, with 50% off at @ 30 pips (manually closed @ 25 pips when we failed to hit 1.3460 by 0.5 pips!). I wanted to pay myself incase we got a big retracement heading into NYO.
same target at 3490. stops at 1.3486 from old high of the 24th of february 2012 could well be the target.
I am actually short… maybe not the right time but here’s why:
As you know I spent my first 6 months studying scott carney’s chart patterns. Only recently (5 months or so) have I taken following this thread to try to understand how to determine a directional bias.
Thanks for the input. I know I need to learn to zoom in and study entries.
Cheers
Sleep trading… the ultimate “dream job”
Nice to see you turn things around akeakamai, WTG!
waiting to go long 1.3405-1.3410 NYO, reflection and previous congestion.
With the Workshop i received '‘Pro Traders Club Complete FX course’ which was more basic than the workshop and was really to get everyone to a certain level of understanding before attending the workshop. The content was certainly a higher level at the workshop.
I also received ‘‘inside the banks’’ which is more on the fundamentals, it wasn’t covered at the workshop and is really used more for positional trading rather than day trading.
hope this helps
Thank you Tycoon for the great review! Wish I would have had the finances to attend it.
Oh well, that’s the life of a student. Will just learn it the hard way :33:
I have just realised after staring at the G/U charts, that we might be seeing a reversal at the 1.568-1.57.
My reasoning would be Overlay of two fibs,
Firstly from 27.05.2012 to 30.12.2012 gives you 62%
Secondly, from 08.07.2012 to 30.12.2012 gives you a nice sweet spot.
Thirdly, it has been dropping very deeply for the past weeks, therefore some pull back is likely.
Fourthly, You can also find a nice Bullish Gartley if you zoom out enough
And to finish it also lines up with my trend lines.
Looking forward for any criticism or comments!
Cheers
Hey, I also attended a chris lori workshop (recent one in sydney) and the most valuable thing I took away; is regarding the process that you need to go through to formulate a valid expectancy of price reactions - ie. partly done by using the exercises. The w/s really highlighted how important it is to focus on the process of trading and not just the market itself…
But also, Chris is extremely knowledgable on price action behaviour and there’s a lot to learn from him on PA.
You could be right - but if I was trading it I would want to see the bounce first, then ms break upside, then buy on ote retrace.
I can see where you’re coming from but I’d be wary of the GBP at present. For what its worth I think we will get a bounce a little closer to Carneys appointment but it might go down a fair bit further in the meantime. Take a look at the drop from the April top to the June bottom last year. Maybe we will get a harmonic shift down of the same magnitude as we dont seem to be able to break any new top ground on two attempts in the interim.
First wait for the selloff
I’m suspecting the price will spike down to 13380 to 13400. My preference being the 80
Waiting for PA signals approaching those prices
So Far at the 80. OTE (79), Reflection, dS1, Figure, ADR Low, 3 weeks ago High. Thur AR Hi
The Fib OTE Friday Low to last Hi.
Had to go out, got back just after NYO, trade stopped out & missed getting back in Grrrrr!
Off she goes to the moon without meeeeeee!!! :17:
sorry bro. if it helps: i got out of 30% at 30 pips ealier. then reentered those positions at 1.3430. well, how should this help you? i dunno, i’m just happy sorry man, i’m being a d***
nice trade for those who got in on the long. I went short 1.3450, expecting a reflection down to 1.34 area. got out at 1.3438 after i saw it failed to break 1.3430. +10 pips is always better than -30 pips.
Yes I was been aggressive on my S/L & knew it at the time, but look! The market listens to me & it’s since come back!