ICT Forexmas 2014 / Market Maker Series
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syzygus009
Well-Known Member
Jack said:This should be it's own thread. Nice.
it is fine with me.
Hogarste said:
Nice, there are pockets above and below, i need to see how it shapes up.
I have been trading for just about 3 years, i use live funds though i am not full time, i work for myself and have been for 25 years. i make time to trade, mainly Fiber as that is the pair i focus on the most. I like how we can get in and out of the market leaving no trails behind us.
Thanks!
Your sell is at the Blue Arrow, which is good, though i think if we break the red circle high, we could find support to continue the new swing that has rallied
in the second chart i have moved the circles, these are very important points to future market structure, in my camp.
in short of it, those lows will be taken out but maybe not so soon, i would love to see it hunt that liquidity above 17.00, note ICT's 20 theory for institutional levels, silver has bounced of 15.520 so it could have some support already
Take the past 8 weeks on Silver 5 of those weeks have been bullish counting this week,
this is a buy and sell program
in the second chart i have moved the circles, these are very important points to future market structure, in my camp.
in short of it, those lows will be taken out but maybe not so soon, i would love to see it hunt that liquidity above 17.00, note ICT's 20 theory for institutional levels, silver has bounced of 15.520 so it could have some support already
Take the past 8 weeks on Silver 5 of those weeks have been bullish counting this week,
this is a buy and sell program
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outthislife
Well-Known Member
windorz said:
Files aren't up yet.
Hogarste said:
that's all very good but you have to put things in context. The context is that this is xmas holidays and trading volume is very light hence price can be pushed around easily. Personally I would avoid all trading in holiday seasons. In addition on the 5m how much confidence do you have in the setup? I am just chiming in here as someone who has been trading a long time (15 years). Remember you not only have to wait for price to come to you but also for time to come to you, this means waiting for london / ny session when flows get back. imo you are better recharging your batteries and waiting for the normal flows to resume on 5th Jan. just my 2c but I can assure you I have walked this road many time. good luck.
the golden gun said:
This isn't just a western world problem its a human problem. I have travelled extensively in developing countries and the emerging middle classes there are doing the same thing. Want bigger house, want more expensive cars, want latest gadgets/clothes rinse and repeat. Also nobody forces you to play the same game. There is nothing wrong with wanting more money as long as you are going to do good things with it.
fxsniper said:
I'm happy for all the cents I can get. I don't really trade live that much over the holidays, and I don't think I've traded Silver live yet. But I do like looking at trade set ups and making sure that my reticular system is spotting what it needs to, whether 5M 1W. Your advice is very good, and all advice is appreciated.
Piper said:Dude just between us.. Christmas high?
Btw, anytime, anywhere,any market, including real time!
I either put up or shut up. And yea. If somebody yaks BS continuously i got no problem to calling it out (though noticed that you ICT guys love to yap then bust)
.-P
Hi Lord Piper,
Not sure what an ICT type is, it's been a while but he's ok, he's good at TA and def helped my understanding of that particular discipline. It's still not how I trade, just something I wanted to have some control over, ICT's old videos helped in that regard.
I haven't seen any of the newer stuff since he left BP but I'd imagine that as far as TA is concerned it fits the bill.
Christmas high?, I'd guess you are speaking of alcohol, well hopefully at my age no other form of "high", but you never know
I see you trade a big spectrum, I'm going to disappoint you slightly in that at present I am not trading metals, Fx, or energies. Not saying that I don't know what is happening in those areas, not saying that using some analysis I don't have an opinion to near term direction, it's just that those markets are not where I want them to be for trading.
Now indices, in particular the S&P, that's a different story.
So come Tue at 10.00 ET I take it you will be at your computer if you trade the S&P, there will be some numbers to digest in a thin market, would you play it cool and stay out, go long or see the resistance on the chart and go short.
(Btw good chance these numbers are S&P positive, but are they priced in?).
Then again, playing cool doesn't mean chicken, some of the guys are waiting a little later in the day for the HSBC China data.
Now you know that the HSBC data is very much more respected by the market, you know too that the flash from HSBC had a major negative impact just two weeks ago, it took the Fed to turn that around -
(Btw good chance that these numbers will be S&P negative)
If it happens that the S&P doesn't fit your analysis at present, then just transfer that analysis over to USD/JPY - the same will apply.
So which will it be do you think?.
Could I just add to the mix, 24 hrs later we have the CNY manufacturing PMI (non HSBC) - so what happens if it is negative also - in a thin market. You know how the market has a liking, or not, for these numbers.
Then of course the week will close on a high - the respected ISM data.
Lol, don't even know why I'm engaging, must be this Christmas high.
Piper, keep it simple, just buy the S&P, it may fall back a little, if so then simply add, if it's USD/JPY then buy at 119.55 if it (likely) pulls back - either way in a thin market no SL - that's how the cookie crumbles.
As you rightly say, put up or shut up.
Then of course the week will close on a high - the respected ISM data.
Lol, don't even know why I'm engaging, must be this Christmas high.
Piper, keep it simple, just buy the S&P, it may fall back a little, if so then simply add, if it's USD/JPY then buy at 119.55 if it (likely) pulls back - either way in a thin market no SL - that's how the cookie crumbles.
As you rightly say, put up or shut up.
I have a theory on why ICT is taking his time. He has a time line on when he is going to stop trading and he keeps adjusting that line. He does not want to release all his material before that. Every couple months he gives us a piece more. Now he has adjusted his time line and he has to do the same with the content of the release.
I have followed one of these guys for a while now...
this website is excellent to say the least,
read and learn http://www.deflation.com/
this website is excellent to say the least,
read and learn http://www.deflation.com/
OK, here is my last post and I will be unfollowing ICT from here on out...He did say get lost so I will just do that...
It's not the fact that he is late to produce the series, but the fact that he counted down the days until their release and hyped it up as much as he could even knowing for a FACT he would not produce them on Christmas day. It's his way of thinking, that has me all bent out of shape and I understand most wont understand, since they have just started following.
Its like this each year, same old bullshit. He hypes up the series then poof he disappears. Everyone has excuses for why he did or didn't release the series and it obvious you are falling into his trap. The true fact is he knew he didn't have the series ready and that he still counted down the days for it's release in advance, for what? To get our hypes up and to trap us into his desire. He knew about it and did it for you...why?
Now lets put this into an example, I do a lot of free work around town such as computer work, house demolition, roof work, brick work, etc...I do my fair share of helping out the people that need help. Now what do you think would happen if I told someone I would be out to their house at this date and time to do this work and then never show up, a couple days later when they call to ask why I tell them O it's the holidays now shut up and just relax I will be there when I get there.
Now the people without common sense would say well it is the holidays just relax and be patient. Where the people with common sense would say yea it's the holidays but why would you say you would be there if you knew it was the holidays and had no desire to be there in the first place. By me saying I would be there changes their plans for the whole day or maybe week. They have to schedule around me, but do you think as a good human I would ever do that to someone...NO...so this just shows what type of person ICT really is. Is it someone you should really have this much faith in??? I don't know it's up to you to decide and depends on the type of person you truly are.
This type of attitude shows in his family, look at his son which started multiple threads on babypips and never went anywhere with them. It show how spoiled they have become and what type of attitude they carry, I'm sorry but I finally realized that if this is what happens when money hits the bank I truly don't want anything to do with it.
I want to thank Golden Gun and ICT which made me realize this and make my decision for me to quit this venture. I thank you again and appreciate that I do not want to be the person you guys have become. Thanks much appreciated, I hope you enjoy it because I realize how few of friends you guys truly have. I don't have that many but also realize I don't want to lose the once I currently have. It seems like the same trait each pro trader has once they become successful, each losing friends at the same rate and can only make new by posting on the internet.
Enjoy life and what comes from it, I have officially logged out of this account and others and WILL NOT BE RETURNING, so fill free so say the same old bullshit, I DO NOT CARE AND WILL NOT SEE IT...Peace I'm Out!!!
It's not the fact that he is late to produce the series, but the fact that he counted down the days until their release and hyped it up as much as he could even knowing for a FACT he would not produce them on Christmas day. It's his way of thinking, that has me all bent out of shape and I understand most wont understand, since they have just started following.
Its like this each year, same old bullshit. He hypes up the series then poof he disappears. Everyone has excuses for why he did or didn't release the series and it obvious you are falling into his trap. The true fact is he knew he didn't have the series ready and that he still counted down the days for it's release in advance, for what? To get our hypes up and to trap us into his desire. He knew about it and did it for you...why?
Now lets put this into an example, I do a lot of free work around town such as computer work, house demolition, roof work, brick work, etc...I do my fair share of helping out the people that need help. Now what do you think would happen if I told someone I would be out to their house at this date and time to do this work and then never show up, a couple days later when they call to ask why I tell them O it's the holidays now shut up and just relax I will be there when I get there.
Now the people without common sense would say well it is the holidays just relax and be patient. Where the people with common sense would say yea it's the holidays but why would you say you would be there if you knew it was the holidays and had no desire to be there in the first place. By me saying I would be there changes their plans for the whole day or maybe week. They have to schedule around me, but do you think as a good human I would ever do that to someone...NO...so this just shows what type of person ICT really is. Is it someone you should really have this much faith in??? I don't know it's up to you to decide and depends on the type of person you truly are.
This type of attitude shows in his family, look at his son which started multiple threads on babypips and never went anywhere with them. It show how spoiled they have become and what type of attitude they carry, I'm sorry but I finally realized that if this is what happens when money hits the bank I truly don't want anything to do with it.
I want to thank Golden Gun and ICT which made me realize this and make my decision for me to quit this venture. I thank you again and appreciate that I do not want to be the person you guys have become. Thanks much appreciated, I hope you enjoy it because I realize how few of friends you guys truly have. I don't have that many but also realize I don't want to lose the once I currently have. It seems like the same trait each pro trader has once they become successful, each losing friends at the same rate and can only make new by posting on the internet.
Enjoy life and what comes from it, I have officially logged out of this account and others and WILL NOT BE RETURNING, so fill free so say the same old bullshit, I DO NOT CARE AND WILL NOT SEE IT...Peace I'm Out!!!
the golden gun
RINSE & REPEAT
PipHanger said:
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http://www.onlinegambling.ca/legal.php
hey, I think i'll open my first online poker account! it's probably easier than FX anyway...