Cable&Fiber: Intraday Setups

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Piphanger this was my trade setup for GBPUSD. based on ICT concepts what do you see? what was the premise for this trade?

P.S. I've been around also since the babypip days... a year less than AK... :) so, i know the struggle. it wasnt til i stopped live trading and just demo'd the concepts for 6mos did i turn the corner.
 

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syzygus009 said:
Piphanger this was my trade setup for GBPUSD. based on ICT concepts what do you see? what was the premise for this trade?

P.S I've been around also since the babypip days... a year less than AK... :) so, i know the struggle. it wasnt til i stopped live trading and just demo'd the concepts for 6mos did i turn the corner.
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Looks like because you had a drop during London open at a Bullish Order block within OTE, before LO I was looking at a short at your target area which didn't happen until NYO.
 
the golden gun said:
when I was e-mailing you, trying to help you earlier this year... did I ever mention something called 4H market flow? Have you ever heard of that before?

If you remember me talking about that, then please answer me why I have to keep telling you the same damn things over and over and over again.
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I remember that...the reason you have to keep telling me is...I'm not sure, maybe I'm dumb or bullhead or maybe a little bit of both. Some of us need things drilled into our head before they stick...I hope you don't give up and keeping telling me as I need it.
 
PipHanger said:
Looks like because you had a drop during London open at a Bullish Order block within OTE, before LO I was looking at a short at your target area which didn't happen until NYO.
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which was a 2 - 3pips below the CDR range. so my bias was based of the 4hr orderflow being up. so i would expect the judas move to be down.


sidebar: rewatch april 29th joinme session from about 7min mark to about the 13min mark. i think there is a useful tip there. ;) :))
 
Ok so you say 4H was Up...I get that, but look at it this way...

H4 - Yes you are correct as 4 Hour was UP during London Open.

Daily - The Daily was\is DOWN. So you put more weight on the 4 Hour Flow?

Daily-OrderBlock - We are at a Bearish Daily Order Block and yesterday price proved it wanted to go lower, as we had lower prices.

H4-OrderBlock - We are at a Bearish 4 Hour Order Block which reacted to it nicely.

M15 - Everything lines up in my eyes using ICT's tools perfectly for a short. I see them lining up perfectly for a buy also. To me there were more confluences for being a seller. How do I break that habit, what is it that I am missing.
 

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syzygus009 said:
which was a 2 - 3pips below the CDR range. so my bias was based of the 4hr orderflow being up. so i would expect the judas move to be down.


sidebar: rewatch april 29th joinme session from about 7min mark to about the 13min mark. i think there is a useful tip there. ;) :))
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You have a link to this, I did not capture this live session.
 
syzygus009 said:
where did price go first after NY midnight(around 6gmt)?
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Down, but if that is the case then look at Dec 9th...price move up after NY midnight, into 4H order block. I understand 4H flow was up at the time, but Daily was down. So 4H is what we follow?
 
PipHanger said:
Down, but if that is the case then look at Dec 9th...price move up after NY midnight, into 4H order block. I understand 4H flow was up at the time, but Daily was down. So 4H is what we follow?
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you're looking for certainty and you'll never find it. Ever. give up now if that's what you need in order to place bets.
 
the golden gun said:
you're looking for certainty and you'll never find it. Ever. give up now if that's what you need in order to place bets.
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I am not trying to find certainty, maybe in my trading ability, but not in 100% winners.

So if we are going off 4 Hour Flow then it's safe to say by using ICT tools we missed the following setups? OTE and then Turtle Soup...correct?

But didn't I see you take a trade at one of these days or am I mistaken.
 

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PipHanger said:
I am not trying to find certainty, maybe in my trading ability, but not in 100% winners.

So if we are going off 4 Hour Flow then it's safe to say by using ICT tools we missed the following setups? OTE and then Turtle Soup...correct?

But didn't I see you take a trade at one of these days or am I mistaken.
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Cut your stops to 15 pips, and see if that helps.

But you know what I'd really like to see? A myfxbook account where we get to see your risk management skills applied in real time. I'm guessing that is where your REAL problem is, and until I see proof in the form of public stats... I'm not going to go down your dumb little "why didn't this work today" rabbit holes.

With good MM you should be making money by now.
 
im not sure what time frame you trade. but look at light blue line(5gmt open candle) what trades could you have taken? there were premises for trades to be taken both ways based off the open(5gmt) and CDR. At this stage of my trading im only going for 2:1 RewRisk. Mind you i dont trade euro...only trade pound. but there were at least three juicy trades to be had.

even on the 1hr. there were 3 trades to be had this past week.
 

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the golden gun said:
Cut your stops to 15 pips, and see if that helps.

But you know what I'd really like to see? A myfxbook account where we get to see your risk management skills applied in real time. I'm guessing that is where your REAL problem is, and until I see proof in the form of public stats... I'm not going to go down your dumb little "why didn't this work today" rabbit holes.

With good MM you should be making money by now.
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You do know I am a gambling man, you say it all the time, so bet is on...I will do just that. I will setup a demo myfxbook account and it will be open to anyone to see how I trade and manage my trades. Could you at least agree to make comments about my trades to help better my understanding?
 
syzygus009 said:
im not sure what time frame you trade. but look at light blue line(5gmt open candle) what trades could you have taken? there were premises for trades to be taken both ways based off the open(5gmt) and CDR. At this stage of my trading im only going for 2:1 RewRisk. Mind you i dont trade euro...only trade pound. but there were at least three juicy trades to be had.
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I only see 2 good trades. The first one would have been a loss and the last one would have been a loss
 
PipHanger said:
You do know I am a gambling man, you say it all the time, so bet is on...I will do just that. I will setup a demo myfxbook account and it will be open to anyone to see how I trade and manage my trades. Could you at least agree to make comments about my trades to help better my understanding?
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Real money, or don't bother. I don't think you can handle real $ losses appropriately.

I'm only willing to help you with risk management, and I need to see where you're going wrong, mostly emotionally, in order to make suggestions.
 
syzygus009 said:
check again. correction... the 2nd no trade is actually a loss. :-\
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You kind of lost me on this one...why is 1 and 2 no trades and the rest trades? What is the premise behind what you are looking for?
 
the golden gun said:
Real money, or don't bother. I don't think you can handle real $ losses appropriately.

I'm only willing to help you with risk management, and I need to see where you're going wrong, mostly emotionally, in order to make suggestions.
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I'm not going to move money from my current account to another account, I would connect my current account if myfxbook allowed forex.com accounts
 
PipHanger said:
I'm not going to move money from my current account to another account, I would connect my current account if myfxbook allowed forex.com accounts
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Maybe ICT's methods just don't work?

Maybe I've deviated so far from the recommended path that I'm actually trading against ICT ideology more often than not, and that is the only reason I'm profiting?

Who knows, bud. All I know is I can't help you.
 
PipHanger said:
You kind of lost me on this one...why is 1 and 2 no trades and the rest trades? What is the premise behind what you are looking for?
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