foreigner said:
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ICTs turtle soup proves this point.
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1st ICT Turtlesoup is Linda Raschke's tourtlesoup.
2nd Its a pattern where price is turning above a after a previous turn. If the price turned on a certain heigh/low because a move before,it doesn't mean that there aren't left a sh*tload of orders above/below that level that will trigger and drop price down/up.Hence there sometimes "stairstep" s/d areas
3rd your whole reasoning/understanding is faulty.
foreigner said:
I see supply and demand as a historic function.
1st ICT orderblock is Sam Seidens s/d(1st one takes it all)
2nd You got s/r lines on your chart because when you were still in diapers the price turned, because there was a liquidity pocket for some reason.What does have to do with the present liquidity pocket's?(s/r's function greatly to clutter a chart, that's the only usefulness in them in my opinion) The fresh s/rs that haven't been touched will turn/drop price. the retouched/sliced ones will probably not,since no liquidity left.And an s/r by ICT and every tradebook is only confirmed if it's been touched twice at least. Hence the whole s/r line concept is crap.It represents history that's got nothing to do with the present,depleted liquidity pocket's that retail like to stack up and lose their money. Unlike a fresh s/d. Check ur charts s/r's only worked at the times when you had a fresh so called "ICT Orderblock" near that area (s/d).
Don't forget that i'm deeply familiar with ICT's methods too. Reconsider everything that anybody saying to you,ask at least if it's even making sense. Don't be a blind drone.
I seriously would suggest that you'll go and learn some market fundamentals,and grab some understanding of price. And try to understand the tools you using,if they even make any sense. After you'll finish come back and preach us about your freshly aquired wisdom.
And
if you want a pissing contest i'm ready
anytime,anywhere,any asset for a period of week,if you promise to stfu after you'll loose, via myfx monitored demo/real account,let the results speak
I'll even let you win if you promise that :thumbsup:
(no disrespect meant to Michael,even he states that he didn't invented the wheel,unlike you.learn from a humble successful trader)
-P