The trick is to keep focused 100% on Market Structure, if you don’t do anything else, live eat and breathe Market Structure, keep looking at the market from the point of view of swing and are they higher highs, lower lows etc, take this as the initial basis for any trade, the rest will follow.
I did a quick page this morning that illustrates OTE in the context of MS, I often see traders taking any OTE retracement, but they are not valid unless they agree with MS.
cable far out of its ADR, 50%
can’t help it…
LONG!! 5749
AFX Capital
Can’t see any reason for EURO not heading up until 1.3830 now!!
Had a look and it looks good
Still to run under test
Any tip?
Only thing that seems missing is time based collapse of orders.
is that mt4? or their own platform? is the demo account unlimited (timewise)?
Wow, 100 pips, who told me to sell @ 50? 
I have to thank Rod for his initial post on bonds todays before the drop, I pulled up the chart and drew some Fibs. Do bonds obey the Fib OTE zones? Do they have insitiutional levels? They seem to 
My favourite ICT concept by miles, Market Structure Rules! Great illustration too about the validity of an OTE. Great stuff!
I’m long on cable from 1.5734. I know I probably shouldn’t, since it’s late friday and I already lost a trade today, but price was right at a “big” OTE, from that significant low at 1.5675 to the weeks high! It just seemed too nice to miss 
But I’ve reduced my risk, so if price keeps dropping, it’s not a very big deal
Yes, take it slow, and keep checking your notes (are we still on track???). Totally counter intuative to trade less and make more, but thats how it works (at least for me).
I like long from here too. Both OTE and seasonal tendency point higher, but I will probably wait for Monday LO. If I catch it, I would ride it up to 1.60.
Im down 3% in January, need to go back to drawing board and make adjustments. Congrats to those who have a profitable month.
When you look at the market structure within the market structure on multiple time frames it’s really cool too. You can see that as the 4H chart moves into the lower end of the range and your expecting it to bounce that on the 1H chart you’ll often see the structure break upwards offering an OTE then moving up for the bounce that the 4H structure was offering as an option.
Market structure on the 15m, 1H, 4H, 1D and Weekly is just so simple and mostly correct I have to use it. If you forget everything about stop hunts and other traps and just think about the simple thing that price charts tell us structure is brilliant.
When people buy prices rise, when people sell prices go lower.
That the one certainty in trading. More supply lower prices, more demand higher prices. Buyers are in control then price goes up, sellers are in control then price goes down.
Market structure with higher highs and higher lows shows that the money buying is out weighing the money selling, it won’t tell us why it’s just telling us what has happened.
So combine this idea with key levels and times of day or news events and you can see what the reaction was. If prices break lows at a key level or following a fundamental announcement it’s reasonable to assume the sellers are out numbering the buyers, so a good time to sell.
Personally I refuse to trade without market structure (Not market flow) having broken in my direction. I cannot find an edge in the intraday realm using S&R levels, SMT, Pivots and divergences. I wasted many demo dollars trying to do intraday pivot zone ICT style scalp trades. I can’t do it, will see what I learn through his live trading but I’ve pretty much written off the intraday world for small trades.
installed Bonds… T-Bonds… Capital T-Bonds
on mt4, demo account, recall how Rod mentioned in prior message that demo was limited to 30 days. maybe they allow to open another account when this one expires from the same platform. Time on it is gmt+1
Hi Rod,
There is programming for TP 1 and 2 with different percentages upon Close IF thats what you mean.
Also, Christina Lin has this Video (a third one) on the newest version which I posted the link for.
Here is the Vid. explains more extra’s and all of the Cool invisability from the Brokers options.
V4
CL_M_02_Complete Trade Manager v4 121012.ex4
Regards,
Phoebe
OK Guys,
Here are my 3 Trades today for EURO/USD.
A bit bummed I missed the GBP/USD Electric Slide on the Disco Dollar.
Regards,
Phoebe
Closed for Profit
two EURO/USD Long
One EURO/USD Short
Around 25 Pips
I have been up since 3:00AM and have this feeling that my vision is now comparable to that of the late “Ray Charles.”
Those colours might be OK for the Disco, but not for trading, arrrghhhh.
Now I’ve done my sarcasm bit, how are you getting on with the techniques?
Well, I have an entire notebook of notes from Michaels Vids and am at the moment very fascinated with the COT Charts.
The Trade Mgt. rules have helped ENORMOUSLY.
I can’t believe you don’t like my Chart Couture?
My entire House is painted in this Color Scheme!
Not.
Pippa
It is that simple though and I know that from the past 5 months growing my first account. Anyway I can live with 0% being my worst month yet!
Have a good weekend everyone, I’m going the pub to get purpled!!
I have been to houses with those colours, about 20 years or so ago, then again, they might have been any colours
befor I rabbit on, coz wee is cwking on gaz twnite!
No kidding you azz.
I haven’t posted for a while, so please indulge me, I iz bin wyrcing on DATA!
i broke down the day into Asian zone, LO,morning, NYO, well about 8 zones I think
Anyway - this is for the initiated…
I broke down the days, into the zones, described and logged it in database, got about 4 months in, it keeps telling me that Asian Levels are top priority, forget any other levels, like pivots and even Daily higs and lows, well that’s another pint, I will post more coherently, now I iz promiesed.
In the meantime, look at the attached, good data there, it bloody works, in the way that, it can tell you that 5 out of 6 times, if Asian highs are supported before 9am GMT, the chances are that it will end up higher.
Make of what you will - the data, but the point I want to make is that, I had an idea, well I’ve had millions, but this one worked out, work in progress, but if you have a 25 - 35 pip swing high in Asian, and the highes are tested, the chances are around 86% it will test the lows.
I dont know how effective it may be , but doing the excersie I did, improved my trading…
Download it, see if it makes more sense to you than it does me.
I’m goin 50/50 each Way on Wales in the Six Nations, it’s like a 15 pip scalp, with your SL at 10, and your Grand Slam chances at 200 PIPS, One Championship, one winner, one…
ForexDB - Copy.zip (7.98 KB)
