5 ICT CONCEPTS THAT ARE PRESENT IN EVERY ICT TRADER'S STRATEGY
I use them, your mentor(if profitable) uses at least two of them, I'm going to break each of them down with examples attached
A treat for Pro and intermediate traders and a great place to start for beginners:
@TradebyAdi This is one of those scenarios where price still keeps selling even though there's low resistance liq at the highs
I'd say you entered early, CISD was not the best entry model here, waiting for an IFVG was, the CISD just took liquidity into the IFVG, no order flow shift here
New month candles just takes us straight to all time highs on #NQ
Look like we'll be leaving those 4hr equal lows for later
Hopefully PA becomes cleaner now at ATH
Most traders misunderstand what makes an FVG worth targeting
FVGs are great for targets, you want to short/long with TP at an FVG at equilibrium
It's 10x as likely that FVG will get hit if it has lows/highs resting inside it
Set your targets for these levels✅
#NQ trade
@SRxTrades Minimize downside while maximising upside
People skip the downside minimisation part
When a month didn't work out for your strategy and all you lose is a few bucks, it was a great month,
The metric for that month wasn't how much you made, but how much you didn't lose✅
@BrettSimba Good to see all these firms trying to outperform each other
@vestmarkets might turn out to be the most well executed Ponzi ever, or not, but I believe it'll eventually bring the best out of all these other props
@EliteOptions2 The mastery of self is still under emphasized even as trading psych is preached everywhere
Trading psychology is not cramming your head twitter quotes and videos
It's self mastery, what are YOUR habits and tendencies? How do you short circuit YOUR bad decision loops??
@jtrader Accept the risk, do your due diligence by taking the setup that your model has presented to you,
This is how you get to that point where you take a loss, log off, stretch and get off the charts, no fuss
You have that ease when you know you did everything you were supposed to do
@OmarAgag6 Yes, Lucid, Tradeifu and MFFU too
I feel like even if they end up dissolving and can't keep up @vestmarkets will give already existing props a run for their money and push them to make their rules more consumer appealing
Prop industry might yet shift in favour of traders
@_Ash_Trades_ We need more of simple positivity in this industry, less show boating, less of this ICT Vs S&Rtraders, less fakeness, less self promotion
We need people more interested in value giving and lifting others
It's sad that twitter is the home base
Twitter never inspired much good
@Liquidity_Thry This is great man, like how the picture sums it up nicely
What would you say to those that say it's no different from open and close of the hourly candles that was just renamed?
@Benjamin_SMC Sells were the only A+ thing in the market today
All those aggressive open longs 9:30-9:32 trades people have been taking today and all week? Not for me
Open trades feel too much like luck for me to take them consistently
@DodgysDD I can relate man 😅
When I started learning, charts were all I wanted to look, it felt so encompassing, I cared less and less about social media
I think as I continue to refine my strategy though, my goal is to gradually spend less time thinking/staring at charts
The #NQ A+ short I've been calling on for two days now
Liquidity sweep into a 1hr/4hr FVG
10am 4hr candle manipulates
Internal SMT at the highs, CISD + IFVG
I think this is the first distribution leg, we could still go lower, towards those marked 4hr EQL
Goated✅
@Benjamin_SMC It's ember month price action, late Sept to December PA is usually messed up from backtesting and my 4 yrs experience
It's the time of the year to lift your foot off the pedal in my opinion
Every reason to sell since 10:00am, but unholy chop, stayed out and watched, no trades
@t0mbfx I believe the key is not fighting yourself constantly, but creating a system where making wrong decisions is hard
Put obstacles in your way: exit your office, hard press the power button, leave your room
Don't sit in front of the charts and expect you'll be on good behaviour
@bobbthetrader This morning, I went to my WhatsApp chat and had started a conversation about a few things concerning my trading and very quickly found that I was actually talking to myself about myself
Trading will force you to introspect, confront your habits and your tendencies
@DodgysDD Exactly
20% a year is a pretty healthy target and is sustainable
I only saw a YouTube video where floor traders working in a firm were talking about how much they made and I remember 15-30 percent made good years for them
Don't add size, scale up instead, get a bigger account
I said yesterday that shorts were the active play, and scalpers banked off the sell from the 1hr C.E I marked earlier,
But honestly, we're still just building liquidity for a dump, like I said, I want to look for the sweep into the 4hr FVG before a short
That's the A+ play
#NQ 4hr outlook
Looking for those 4hr relative equal lows inside the 4hr FVG to get raided, could be today or sometime in the week,but sooner or later, we dump through those
Testing the 1hr C.E currently, but I favour the 4hr bearish FVG above for shorts💙