ICT Market Maker Series

Offline sqa

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I think we're behind schedule, so I think we're jumping right into the Market Maker work.  Should, hopefully, have the first one up this weekend.   Frankly, after the live stream yesterday, it's probably more helpful.  Minus the fact this is *easily* ICT's hardest teaching to grasp.  You have to think like someone trying to kill your own trades, plus do detective work to figure out what they're doing.

Still, this is pretty much the "deep truth" of ICT's work.  Now we're really getting into it.

I'm appending my notes from the Live Stream + the Chat.  The Chat probably doesn't help anyone too much, as I didn't take any screen shots.  But he spends a while on USDX and then laying out the Cable trade on August 20.  At the end he goes over the Kiwi trade from Twitter.

@SQA, this is great. Thank you so much for posting the chat and your notes.
I am not able to attend the live sessions and this helps me a lot.

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https://join.me/ICT-042214

ICT doing a live session this morning.

3 of 4 of the Market Maker Series done, btw.

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If you're new, please click on the "Human with #" icon, smear in the "Viewer #" and give yourself a name, it's hard to chat otherwise.

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Just the Chat Log.  The notes can be summed up as:

Weekly Order Blocks, see Sniper #3.  ??? ICT will try to get a video up tonight, so Tweet him questions, if you have some.
Legend.

Offline sqa

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Legend.

If only my trading was that good already, haha.
Just the Chat Log.  The notes can be summed up as:

Weekly Order Blocks, see Sniper #3.  ??? ICT will try to get a video up tonight, so Tweet him questions, if you have some.

This chat text is empty? Possibly copying error?

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I uploaded the wrong file, oops.

Here's the chat text.

Offline SLT

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Do you remember what video ICT talked about L 7 ?

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Offline SLT

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Code: [Select]
http://www.youtube.com/watch?v=lmBY_26taDg
Since I'm the Village Scribe now, he's my notes on his COT Data response.  I thought it was worth posting these.

Quote
2014-09-29


COT Data Question response:

Does the Commercial relationship work the same in Forex as in Commodities?

While a big chunk of Forex is Business Transaction, but the biggest chunk is Institutional Speculation.

It's not always the retail brokers that "stick it to you".

COT Data is the graphic representation of the majority of the big players' actions.

And I think ICT just threw half of his "friends" under the bus, haha.

It's about being ruthless in the market; the big guys protect each other.  If there's money to be taken, it'll be taken.

All of the Central Banks work together.  It's one big, pretend stage.

There's an "ideal" you need to subscribe to when dealing with ICT's tools: there is a certain measure of discernment is needed to understand what is going on.

Primary function of a Central Bank: a storehouse for the Currency.  You're buying, large amounts, only from the Central Bank.

Greed is powerful, but Fear is more powerful.

It's there Game, we're just playing in it.

This is "pure, unadulterated Murder".

59:15 Someone wants to smash your skull, scoop out your brains and eat them.

Every 3 months there is a significant repricing.

Offline sqa

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And, just as a random coincidence to ICT's talk:

http://www.independent.ie/irish-news/politics/revealed-the-troika-threats-to-bankrupt-ireland-30621197.html

For those that don't remember, Ireland bailed out their own banks, when it was a really, really stupid idea to do that. 

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Touching up on a few things...
I have been watching ICT videos again, what video was the "high probability price patterns" video? does anyone remember? its about price patterns inside market maker profiles

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MMP cable maybe
Touching up on a few things...
I have been watching ICT videos again, what video was the "high probability price patterns" video? does anyone remember? its about price patterns inside market maker profiles

I found it in 25days of xmas day 17- great info
There are three kinds of money in the Markets> Strong, Stupid and Sly. If you aren't Strong Money. Don't be Stupid. Become Sly

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I found it in 25days of xmas day 17- great info

is it in PDF? or video

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Video in the Torrent.  Day 17.  1 hour video.

"Day 17 - High Probability Price Patterns.mp4"

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I'm quite looking forward to ICT's full work up on the Market Maker stuff.  I've only been able to see it in hindsight, which isn't too helpful for trading, most of the time.  Though it's probably worth me going back through those videos again, anyway.