the golden gun
RINSE & REPEAT
sqa said:which is where Intermarket Analysis can be very useful.
Keep in mind sqa trades $100 account, I trade that per pip. But he's a good guy, just know who has what experience
sqa said:which is where Intermarket Analysis can be very useful.
Jack said:Welcome to the forum Chrisrocs!
the golden gun said:I think I'm the only student that will be this honest with you, so hope you appreciate it.
sqa said:But the "core" is always: Key S&R, Market Structure, Order Flow. Everything builds off that. Those are the Core Concepts you need to get nailed down, no matter what. They'll let you read price action, which is where Intermarket Analysis can be very useful.
the golden gun said:Keep in mind sqa trades $100 account, I trade that per pip. But he's a good guy, just know who has what experience
joepippin said:lol...
GoldenGun...
Myfxbook? Videos? Pictures? Proof?
Just curious of your "Experience"
sqa said:It's worse! I'm actually back to demo for a little bit while I get comfortable with running multiple pairs at the same time. (And attempt to increase my account funding. Opening an account turned into a hilarious run of events)
Note: Please keep the thread on the topic of learning from ICT's video catalog.
But if anyone does read down to this post, let me reiterate the point I made:
Some of ICT's Tools will "stick". Others will "not stick". The point is to Demo & learn to properly use the Tools that make sense to you. That's where you start. Keep it simple and straight forward. Then use the extension of tools to improve that skill set.
And if a tool doesn't work for you, just admit it, don't fret about it and move on. See Market Maker #2 where ICT pointed out, for probably the 5th time in a video, that he doesn't understand nor read bank reports. He limits his understanding of Fundamentals to what the Fundamentalists are doing in Price & COT data.
the golden gun said:If you find the person that profitably integrates ICT's "teachings" on Intermarket and Fundamental Analysis, please tell me.
I don't even look at the USDX.
whenever I start trying to get any fancier than retracements and stop runs, I start to lose money.
I think I'm the only student that will be this honest with you, so hope you appreciate it.
sqa said:It's worse! I'm actually back to demo for a little bit while I get comfortable with running multiple pairs at the same time. (And attempt to increase my account funding. Opening an account turned into a hilarious run of events)
Note: Please keep the thread on the topic of learning from ICT's video catalog.
But if anyone does read down to this post, let me reiterate the point I made:
Some of ICT's Tools will "stick". Others will "not stick". The point is to Demo & learn to properly use the Tools that make sense to you. That's where you start. Keep it simple and straight forward. Then use the extension of tools to improve that skill set.
And if a tool doesn't work for you, just admit it, don't fret about it and move on. See Market Maker #2 where ICT pointed out, for probably the 5th time in a video, that he doesn't understand nor read bank reports. He limits his understanding of Fundamentals to what the Fundamentalists are doing in Price & COT data.
good post gg ,then try it on 4-6 pairsthe golden gun said:I never made money trying to trade how I thought ICT traded. I only started making anything consistently when I started trying to make 40-50 pips per week, and just let the knowledge seep into my trading wherever it felt natural...
garry said:good post gg ,then try it on 4-6 pairs
totally understand where u are coming from ,and yes the set ups can become endless as well as the pairs traded a close friend just makes his off euro .the golden gun said:i've been closely studying the AUD + NZD combo, because of the ease of which I could adapt my SMT analysis. In fact, I would say the aussie and kiwi are even more correlated than cable fiber.
this ties into another area of developement, regarding my tendency to overtrade. whenever I look at my trade jotter end of week, and see a low % gain, or even a small loss on the week, it is almost always accompanied by numerous trades. small little R-multiples too, start getting _real_ short-sighted. anyways, having more pairs to study, will force me to see & pass even more setups, and really start to flesh out what defines a "creme de la creme" trade.
you heard it from ICT himself, he just looks for one winner, preferably 3R and then sits on it if its a win, or takes one shot at mitigation. Then I presume he is done for the week. It takes Iron will however, especially with the many new tools and concepts coming at me.
I know lotsa people see me as mr.hindsight (lol it's fine) but know that there is a real hard-working trader behind the scope!! I only look for 3% weekly myself, or 10-15% monthly, I think that's pretty modest )
the golden gun said:I know lotsa people see me as mr.hindsight (lol it's fine) but know that there is a real hard-working trader behind the scope!! I only look for 3% weekly myself, or 10-15% monthly, I think that's pretty modest )
outthislife said:Your personality is interesting, TGG - you go from spiteful to hopeful daily.
d16y said:Thanks for the guide sqa, very helpful in getting me started with ICT.
Anyone have any idea of where to access these 2 videos ?
Central Bank Dealer's Range Video
and
Inside the Range webinar
Didn't find them in the torrent and they seem like important concepts.
Much appreciated thanks.
matty44 said:Hey guys, looking for a thread where people are posting their current ideas on ICT concepts on the daily markets...is this it, or is there a better thread?
Just my thoughts on the Fiber.
Price is retesting the weekly +OB at 1.1273, and there is a perfect convergence of 4h +OB at 1.12815 and the 70.5 fib level.
If it were LO I would've already bought, but I'm eyeing higher prices tomorrow. Thoughts????
Matty
matty44 said:Hey guys, looking for a thread where people are posting their current ideas on ICT concepts on the daily markets...is this it, or is there a better thread?
Just my thoughts on the Fiber.
Price is retesting the weekly +OB at 1.1273, and there is a perfect convergence of 4h +OB at 1.12815 and the 70.5 fib level.
If it were LO I would've already bought, but I'm eyeing higher prices tomorrow. Thoughts????
Matty