A smaller OTE from recent swing going into today’s asian session;
OTE lines up perfectly with HTF 127 extension
ICT Stinger tool
H4 stoch pointing down move.
We have daily fractal high, h4 fractal high and 1h fractal high.
Trinity Sell level
Pivot sell zone
Fiber already showed its weakness; 80 level yesterday held like a boss thats why there should be a lot of stops. I was trading yesterday from 80 myself.
Thanks ICT for the latest video… especially the last part Now where did i put that 3180… lol
Okay 3180 - 3182 is my shorting area. htf S ‘n’ R, ote yesterday’s high/low, and other fib levels. KZ etc etc
Assuming it gets there…great… if it’s a loss then oh well .
20 pips in the bag from both cable and fiber… they can do what they want now
Okey, right now we have SMT between cable and us dollar. Yeah it was above that level, still in the trade. God damn it! TANK already
Edit: This price action we are seeing right now. It doesnt go lower. And i beleave we’ll pop higher from there on. But as am in the trade not much i can do…
“Whiplas then Calapult short at the predetermined Key Price level 3210 [high of the day - go figure] and range expansion lower into the NYO-LC time period”
Had my trigger finger ready at cables 1.6160 level (would be still the high of the day so far) but I noticed a spread of more than 20 pips at that moment (oanda- currently trying out a few different brokers;)) and got a bit spooked hahaha (not sure if it was a news release at that time to drive the spread up…? - anyways… Im currently not too sad about being flat for the day until now…
NY is coming up… lets see what it will bring;)
but like you, I’m not so sure about my short anymore… could be a bull flag on cable OR it could be meant to look like a bull flag to drag dumb money (like me;)) into the wrong direction HAHAHA
By the way, not sure if you noticed that… but if you compare cables action of the previous months with the Seasonal tendencies template, it is quite accurate! (well its my first year of trading and therefore the first year I can notice if its accurate or not…so bare with me ;)) that is also the reason why I was only looking to hold my short down to 1.6060 and then probably look for longs again until early may… but I know we can’t take the seasonal tendencies as the gospel…
Even with all the help we get its so so hard. one and a half years on and I am no further forward with making money. b/e b/e b/e make a bit lose a bit again and again. {Still not giving up tho}:}
So on the HTF (Daily) the EUR/USD and GBP/USD have both hit Highs on the turn of the month (for March and April) but with the GBP hitting HH’s and the EURO only managing LH’s…is anyone expecting some similar conclusion to this divergence between these two pairs (end of this month?) as both of them seem to be in bearish chart patterns…? Might be interesting to see if the US Dollar Index breaks out of that triangle.
Yeah I find my best trading when I do all my analysis and if I come to a conlusion that today is going to be a buy day, I know I need to sell…well not really but this is what I feel like I should be doing…
Since I started trading, if I would of went the opposite way of the OTE’s I find, I would be rolling in the money…
I’ve been asking myself this very question for last 6-8 weeks now, no matter what I do, always will end up on the loosing side…
today, yet again… sell setup in LO, I sold fiber being weaker recently… didnt move much, closed before NYO around BE, then at NYO buy setup forming, I buy cable being stronger recently, damn fiber flaying, i got stopped at cable, WTF?!? coin flippin probably will give me better chance of winning as Ake suggests… :20:
Have all of you guys tried to replicate the same parameters you are looking for when taking a trade and apply it historically for at least 1 year ?
If you can narrow down a specific set of trade parameters to look for and replicate trades historically over and over and note the outcome, you may very well not be surprised at some of these losing trades as they can just be normal variation.
If on the other hand you end up with negative results after months of trade data, something else is wrong …
am with you. down 10% for april. Done trading for the month… i just feel like am being ignored. whatever setup i have it always always goes against me. Whole month didn’t have a winning trade. This is hilarious…
Am in the same boat as you guys, went from being up 5% to being down 2%, total of -7% this month. Don’t worry guys, keep your head up. Manage your trades using money management as taught by ICT. We can all do this. If someone can, everyone can. It just takes time, patience and definitely perserverence. The market has been tough lately or we are not seeing the big picture but either way, we can do this. I believe in the methods and I believe that as a human being it is possible to make money this way.
Guys, Guys my brothers, don’t give in so easily! :o It may seem like a casino sometimes guys, but try looking back to the left on your charts and chances are, you’ll be able to explain virtually every setup that occurred with a full ICT analysis. The trick is obviously being able to read these things in advance. Now I don’t mean to be pessimistic or anything, but one must remember that ICT has been doing this for two decades! So we need a lot of screen time to be anywhere near his level. Everything he teaches is golden, but the real trick is keeping it all basic as can be. Work on the higher timeframes, stop worrying so much about divergence and Judas swings etc etc, just focus on the overall trend, which is currently highly bullish in a market where everyone is focusing on going lower.
It’s not impossible guys, remember what Yoda said to Luke: Do or do not, there is no try! So stop trying and start doing!
Don’t worry, ICT said he is not going to help correct anyone’s mistakes, we need to learn on our own…
The only thing I don’t understand from when he said this comment, was if the blind keeps leading the blind how far will the blind actually get, I guess they will eventually figure their way out unless they die before they get there.
I’m not mad at ICT for anything, I’m mad at myself because I spent 2 years trying to figure this out and seem to be back at square one. I was hoping I would pick this up before it started taking a toll on my family and friends relationship. Looks like it’s getting to the point where I have to choose which way I want to go, keep studying forex which looks like an endless battle or make my family and friends happy that they have me back in their lives instead of me up at all hours of the night and then tired as hell when it goes to spending time with them.
Looks like I’m starting to see the end of the tunnel with forex, just to bad it’s the wrong end…
Wow… You’ve been two years here?.. man this sucks. i really feel for you. Especially when forex was your dream for two years, and it just falls like that. This month i feel the same way. And am so scared that it will end just like this…
I just hope ICT could start making live session or live chat sessions. Dunno. I just beleave we have to trade online than just look at history (left part of the chart). Its easy to do that, and see all the levels where it ran to, reversed and so on, but while you do that live its way different. When ICT started making live sessions i thought this will be the real deal, finally i can watch PRO doing this live and when it stoped… its just…
Regard ICT story about jade master (if it was jade) taught the young guy. Its more or less the ancient greek teaching way. But the different is that students lived and saw their teachers work at the same time, thats how you become a specialist at something. You do what your teacher does at the moment and try to figure at the same time why. Just saying i wish live sessions would be back…
One more example for last week, ICT said that it might be short and at the last minute he change gears, i just wanted to be at the same moment and SEE what ICT saw…