ICT Tip 💡:
LOW PROBABILITY TRADING DAYS:
🔸️50/50 on Daily bias (when you can make the argument for both sides of the market)
🔸️ If the previous day was an overextended large range day
🔸️ NFP, FOMC, and CPI days (and day prior)
🔸️ During a High Resistance Liquidity Run environment
🔸️ During decoupled market conditions (when correlated assets are moving out of sync)
🔸️ When the draw on liquidity is uncertain.
🔸️After the completion of a buy/sell program
🔸️When price is in consolidation around equilibrium (likely to see seek and & destroy profile)
When you're about to enter a trade, ask yourself:
Are there equal highs/lows near my stop?
If so, wait until they're taken, and don't give a shit if the market goes without you.
Dear my fellow ICT traders
You don't need to know everything to be consistently profitable
Just by having a firm understanding of power of three you can clean up make a career out of this
What is power of three?
Accumulation
Manipulation
Distribution
And being able to pinpoint when this is occurring
That is a super power alone and you can get rich just with that simple concept
I just see so many of you trying to juggle a million things and scattered focus leads to scattered results
You're trying to be ICT.... but you're not ICT
That man has been trading longer than alot of you been alive and many of you are trying to learn his wealth of knowledge in one sitting or a short amount of time
It does not work like that
You just get overwhelmed
You can learn several different concepts strategies but it needs to be taken one piece at a time
It's not something you learn over night
Great things take time to acquire
Learn a couple things very well
Intimately
And dominate that niche
Oh, the markets?
I told you what gets me interested. I'm not concerned and I risked nothing. I lost nothing. I didn't stress, didn't hope I was right and didn't have to know what was going to happen today.
See how liberating that is on a Moday?
I want to see it trade up to the FVG then looking for order flow to support a displacement into Sellside later. What I was outlining in the livestream but you were unable to hear me.
Stop looking at structure that's way to the left, and focus on what is happening right now.
Time & liquidity tell you what you need to know about the past.
The typical trader is obsessed with the outcome of a trade.
The professional trader is focused on the process of the trade,
and letting the outcomes take care of themselves. - Mark Douglas
@I_Am_The_ICT I am so appreciative of your advice about single contracts months ago...ever since I've been training myself with 1 con and I've made HUGE strides in my confidence in my strategy AND in my patience. If ppl would just DO it, they would see how amazing it really is for the mind🙏
You can not appreciate profits until you experience the losses. It is tuition and I want my Sons to see they are painless, it is only magnified in the mind and labeled defeat. So much progress today and things to be proud of. Now if only my Daughter could just get onboard!
#NQ Live Execution
Opening Range C.E. Short
Premise 3 Drives High, -MSS, Premium FVGs
Draw On Sellside Liquidity
Music Credit: Nevermind The Name - Clouds