Looks good but be nimble and quick. On my thread in the comdolls section. I mention the Aussie is approaching resistance. The kiwi is to as you mentioned. Both pairs are also forming ascending triangles. If we see a fake out to the north at LC or NYC. The would leave both pairs perfectly on the resistance levels and I not sure about the kiwi but the Aussie will also set up a perfect OTE on the daily chart. I would expect a fakeout and then price slamming down. I could also be wrong so never take my word for it just be nimble. If you see price make a strong push out of those wedges be ready for the drop.
These concepts are based on āHuman Psychologyāā¦ and if you take a step back and really analyze this thread and the other one where I outline the tools in detailā¦ itās just now that someā¦ not all, of the readers of these methods are profitable. Why is that? Why isnāt there a thousand ICT toolbox Traders posting 250 pips wins week after week?
The straight answer is thisā¦ Humans are the single most impatient species on the planet. I said this before, I could post this approach to Trading in the USA Today weekly and it would go largely unoticedā¦ think about that. It requires āWorkāā¦ time and effort to adapt your mindset to. It goes against the majority viewā¦ and in essence is a Sentiment approach. It WILL NEVER stop āworkingā as it capitalizes on the preying on the weakminded Traders and running with the Alpha Wolfā¦ thatās the only herd or āpackā we follow. If the Smart Money are buyersā¦ we do not sellā¦ if the Smart Money are sellingā¦ we do not buy. Itās amazingly simple, so simple itās intimidating and this alone illustrates the frailty of Traderās minds when viewing the market in light of merely looking at a system or methodās longevity or sustainability. Really drink that last comment inā¦ deeply.
Itās widely understood that Casinoās are riggedā¦ they have the edge or odds in their favorā¦ stackied incredibly so in their favor I might add. Despite this widely understood factā¦ a fresh supply of sheep pay good money daily to fly, stay and frequent these same āSlaughter Houseā operations and like the expression so aptly suggestsā¦ āthere is a sucker born every dayā.
The same applies to Tradingā¦ we read those who stick it out while developing as a Trader in these threadsā¦ I would bet seven digits there are far more of those folks that sincerely tried to make a go of itā¦ tried to learn this for themselvesā¦ but short term adversity was too much for them and they quit. Like a winning Lottery left in their pocket but never redeemedā¦ they walk away feeling itās not for them. This is the result of flawed thinking and unrealistic expectationsā¦ its going to take effort, work, study and like I promisedā¦ it would be very expensive. Ante up friendā¦ are you in?
[B]GLGT[/B] :57:
hey tycoon how do you mark the asian session on your mt4 ā¦is there an indicator to do that or do you do it manually.
With the utmost respect, Michael, I have been using the 00s, 20s, 50s and 80s for over a year now with great success (thanks to your video teachings), but I rather feel you diluted the notion of important numbers when you introduced all the others! You have said in the past that we should give a 10 pip leeway with our various confluences, and that surely renders the addition of all these numbers meaningless. If I see 5707 on a Weekly chart then I am looking for either 00, 20, or even 80 on the lower TFs - whatever other confluences come into play as I move down the charts.
Anyway, I am the student and you are the teacher with the experience, and there is no questioning the 5730 presented a level that price was reaching for. I donāt think I am alone when I ask if you could possibly walk us through how you derived this level in particular. Did you pick out one or two āhard levelsā on the higher TFs (in which case I canāt see which ones, or at least I see what I perceive as more important ones), or did you see clustering of levels either side of the 30 and pulled the level into 30 while still on the higher TFs, or even calibrated it when moving down to lower TFs, which I can understand.
Regards
That is one seriously awesome post ICT! 
Iām bookmarking that one for future motivation 
That was an excellent answer. And you made me even more determined to see it through and make sure I donāt give up. I traded before and made profit. I discovered some of your methods on my own mostly s&r and trading with the flow of the higher timeframe. I worked but I made very little of what I wanted with a lot more work at that time(I was working 60-72 hours a week at my job then). Also the BOJ intervention wasnāt very nice to me but I rode it out for a few months and came out profitable. Now I understand itās gonna be painstaking in the beginning but the end will be more than worth it. I also really enjoy doing it I could look at charts all day. Theres just something about numbersā¦
EDIT:
It is a good post Iāve saved it might hang it up on my wall lol
EDIT:
Iāve been watching your videos over and over and went Iām at work and canāt watch em I put headphones in and listen very spare minute I get. I even play them through my car stereo while driving lol.
Hey Brink
Itās an mt4 indicator, I believe you can still download it from the first page of the previous thread, "what every new or aspiring trader still wants to know"
GLGT
I will do a Livestream this eveningā¦ 9pm EST. I will post in the thread 15 minutes prior for link and confirmation.
See ya there.
Brilliant! I have downloaded and watched a lot of your older streams were very useful. I am across the pond however so are these streams saved on website for viewing later?
Great! Go easy on me if I am a wreck in the morning (your evening) - it is 9am my time and England are playing their final group match at 4am here. That may mean little to you, but just imagine how you would feel if you had a $2 million dollar position on and it continues to waver between BE and your 30 pip stop while your hands are tied behind your back - there just arenāt any beautiful set-ups when you are an England fan!
Regards
9pm EST? So whatās that in GMT please? Iām so used to you doing your market reviews in GMT, now you switch on us! j/k
EDIT: Converted it. 1AM!!! Sorry I need my beauty sleep! (Is this the part where you tell us we have to make sacrifices? :D)
Iāve just finished watching the 16/06 review on youtube. I noticed that ICT stated that the market would be āunfavourableā until at least Wednesday. Could anyone (or ICT) explain how we could have known this at the start of the week. Was this based on fundamental info or simply on price levels and where price sits currently?
Many thanks in advance
James
I just went looking for the āā¦still wants to knowā thread. Iāve never bookmarked it, because it was always near the top of page 1 in the Newbie Island Forum.
But, ever since the thread was locked (at Michaelās request), it is rapidly sinking out of sight. Itās now near the bottom of page 6 in the Newbie Island Forum, and will probably be on page 7 or 8 before the end of the day.
So, unless (and until) Babypips makes that thread a STICKY, be sure you have it bookmarked.
Hereās the link to post #1 on that thread ā
ā¦and while youāre at it Michael, could do a full Top-Down Analysis (as per the āāpreflight checklistāā I suppose) as promised in March? :D:22:
thanks
It would be a shame that the thread disappears. Iāve written BabyPips an e-mail explaining that this valuable piece of thread shouldnāt be buried amongst all those other inactive topics, but definitely deserves to get a sticky label.
If others share my opinion, here is the link to the contact form:
Forex Trading Online: Foreign Exchange (FX) Trading | Currency Trading
So that 1.573 mentioned earlier about the Cable (May 18), has the second retest and slight penetration of that level changed peopleās opinion on the structure of the Higher Time Frame bias. Tycoon mentioned a stop raid today so was that in preparation of attacking and going above the 1.573ā¦
edit: just seen it hit above
The way i see it, the thread is now a treasure deep in a jungle of other threads, and only we know that it is there AND we have the map to it.
Haha, just joking. Deff worth a sticky
Again not sure if any one care but the Aussie is setting up OTE on the daily. Which happens to be a Weekly S/R level and a retest of the 1.02 figure. Great timing coming into london close. I cant short it as I am at work again. Unless I can get a retest later at Asia open (which I think is promising to get OTE on a smaller timeframe later on the retest). I remember saying a couple weeks ago this was the spot I hopped to see price get to and here we are. Toss in some candle confirmation and not positive but I bet there is a pivot in there also 
Trying this outā¦ seems very coolā¦ allows Smart Phone viewing as wellā¦ crystal clear imagingā¦ no recording that I can tell.
