ICT Homework thread

[proximitymines]

Now dissect the move and share on FxGears forum why you believe I traded Fiber and Cable today long and targeted these levels on profit. Go!

EURUSD 14:49
Long 1.0666 -> 1.0734

GBPUSD 14:50
Long 1.4757 -> 1.4795

It looks like you bought at start of LO at yesterdays end of day consolidation for a scalp to the nearest S/R. EU structure and flows were bullish. Simple as that? You could have held for longer but with quick profits you can make a living I'm guessing.

 

[the golden gun]

Now dissect the move and share on FxGears forum why you believe I traded Fiber and Cable today long and targeted these levels on profit. Go!

EURUSD 14:49
Long 1.0666 -> 1.0734

GBPUSD 14:50
Long 1.457 -> 1.4795

It looks like you bought at start of LO at yesterdays end of day consolidation for a scalp to the nearest S/R. EU structure and flows were bullish. Simple as that? You could have held for longer but with quick profits you can make a living I'm guessing.

If the timestamps are accurate, then Mike held that Cable Long for a 70 pip drawdown before coming back into profit!

I assume the times are GMT, but regardless the trades are made on the 19th. It seems you assume they were from the 20th...

 

[the golden gun]

If the timestamps are accurate, then Mike held that Cable Long for a 70 pip drawdown before coming back into profit!

I assume the times are GMT, but regardless the trades are made on the 19th. It seems you assume they were from the 20th...

it looks like he traded a 15m +OB on Fiber,
and a 15m Mitigation block on Cable, based on the entry prices.

oops this was supposed to be an Edit, but oh well i'll just leave it

 

[proximitymines]

I made a typo, GU at 4757 and not 457. He held for ~36 pip drawdown, stop probably below yesterdays low.

 

[the golden gun]

I made a typo, GU at 4757 and not 457. He held for ~36 pip drawdown, stop probably below yesterdays low.

No.

69 pip drawdown if you want to be precise. Check the dates. We operate on the same calender, right?

 

[sqa]

Hrmm... I can't make heads or tails of what Time Zone that set of Time Stamps is from. I think the Server Time is just off in the client on his phone.

 

[the golden gun]

Hrmm... I can't make heads or tails of what Time Zone that set of Time Stamps is from. I think the Server Time is just off in the client on his phone.

Check your Forex Ltd. Demo account. 14:50 lines up perfectly for the Entry he showed in his screen cap.

All those trades made in demo account, y'all know that right? lol

 

[proximitymines]

I see what you're talking about. For some reason, I just assumed he took his trades at london open. But if he took his trades at 14:50 forex ltd time, then it'd be after yesterdays london close. If that's the case, then yeah 69 pips.

 

[Computater707]

Now dissect the move and share on FxGears forum why you believe I traded Fiber and Cable today long and targeted these levels on profit. Go!

EURUSD 14:49
Long 1.0666 -> 1.0734

GBPUSD 14:50
Long 1.4757 -> 1.4795

Some Screen Shots to facilitate discussion and comprehension.
from Forex.com Live account feed = GMT

EU first

 

[Computater707]

GU

 

[Computater707]

It is intuitively obvious to the casual observer that entries and exits were random.

Order blocks, S/R, Liquidity Voids and 20+ years of trading experience had nothing to do with it. (right....)

The slippage on the trades is similar to what I see on my trades.

EU weekly is below

 

[proximitymines]

Yeah so he took a 70 pip drawdown to take 38 pip win. By the way Computater, you seem to be doing your OTEs wrong specifically in your GU chart example. You guys are right that it was probably on demo to make a point. I don't see the GU long but EU I can see why he took it.

 

[the golden gun]

He's trying to pass off yesterday's demo trades as Today's Live market trades.

The rest is denial.

Can't wait for April 1st.

 

[outthislife]

Posting in a soon-to-be epic bread.

Nothing to add. Just love it.

 

[proximitymines]

He's trying to pass off yesterday's demo trades as Today's Live market trades.

The rest is denial.

Can't wait for April 1st.

Haven't you been following ICT for a long time? Not doing well?

 

[the golden gun]

Haven't you been following ICT for a long time? Not doing well?

are any ICT followers doing well?

 

[Computater707]

Yeah so he took a 70 pip drawdown to take 38 pip win. By the way Computater, you seem to be doing your OTEs wrong specifically in your GU chart example. You guys are right that it was probably on demo to make a point. I don't see the GU long but EU I can see why he took it.

Perhaps I am drawing them wrong. Please clarify and expand on what you think I am doing wrong so I can improve.

I am also puzzled by the trades. I can see what he did which I understand as targeting the S/R gap during the FOMC fundie. It makes sense that price would retrace back up through it. It also makes sense to me that while the setup is clearer on the EU the GU would eventually follow along because of their inverse correlation to the dollar and positive correlation to each other.

 

[the golden gun]

Perhaps I am drawing them wrong. Please clarify and expand on what you think I am doing wrong so I can improve.

I am also puzzled by the trades. I can see what he did which I understand as targeting the S/R gap during the FOMC fundie. It makes sense that price would retrace back up through it. It also makes sense to me that while the setup is clearer on the EU the GU would eventually follow along because of their inverse correlation to the dollar and positive correlation to each other.

so if it made sense to you, can we presume you traded it and made pips? ...

 

[garry]

He's trying to pass off yesterday's demo trades as Today's Live market trades.

The rest is denial.

Can't wait for April 1st.

not long now ,starting to see the light i see

 

[the golden gun]

not long now ,starting to see the light i see

yeah i guess i'm the only one that knows how to read a calender. their loss.