ICT Market Maker Series

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sqa

Village Scribe
I think we're behind schedule, so I think we're jumping right into the Market Maker work. Should, hopefully, have the first one up this weekend. Frankly, after the live stream yesterday, it's probably more helpful. Minus the fact this is *easily* ICT's hardest teaching to grasp. You have to think like someone trying to kill your own trades, plus do detective work to figure out what they're doing.

Still, this is pretty much the "deep truth" of ICT's work. Now we're really getting into it.

I'm appending my notes from the Live Stream + the Chat. The Chat probably doesn't help anyone too much, as I didn't take any screen shots. But he spends a while on USDX and then laying out the Cable trade on August 20. At the end he goes over the Kiwi trade from Twitter.
 

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cskrishna

Well-Known Member
@SQA, this is great. Thank you so much for posting the chat and your notes.
I am not able to attend the live sessions and this helps me a lot.
 

sqa

Village Scribe
https://join.me/ICT-042214

ICT doing a live session this morning.

3 of 4 of the Market Maker Series done, btw.
 

sqa

Village Scribe
If you're new, please click on the "Human with #" icon, smear in the "Viewer #" and give yourself a name, it's hard to chat otherwise.
 

jinirav75

Well-Known Member
sqa said:
Just the Chat Log. The notes can be summed up as:

Weekly Order Blocks, see Sniper #3. ??? ICT will try to get a video up tonight, so Tweet him questions, if you have some.
This chat text is empty? Possibly copying error?
 

sqa

Village Scribe
Precision Trading Volume #3:

http://theinnercircletrader.com/Tutorials/Precision/Precision_3.mp4
 

sqa

Village Scribe
Code:
http://www.youtube.com/watch?v=lmBY_26taDg
Since I'm the Village Scribe now, he's my notes on his COT Data response. I thought it was worth posting these.

2014-09-29


COT Data Question response:

Does the Commercial relationship work the same in Forex as in Commodities?

While a big chunk of Forex is Business Transaction, but the biggest chunk is Institutional Speculation.

It's not always the retail brokers that "stick it to you".

COT Data is the graphic representation of the majority of the big players' actions.

And I think ICT just threw half of his "friends" under the bus, haha.

It's about being ruthless in the market; the big guys protect each other. If there's money to be taken, it'll be taken.

All of the Central Banks work together. It's one big, pretend stage.

There's an "ideal" you need to subscribe to when dealing with ICT's tools: there is a certain measure of discernment is needed to understand what is going on.

Primary function of a Central Bank: a storehouse for the Currency. You're buying, large amounts, only from the Central Bank.

Greed is powerful, but Fear is more powerful.

It's there Game, we're just playing in it.

This is "pure, unadulterated Murder".

59:15 Someone wants to smash your skull, scoop out your brains and eat them.

Every 3 months there is a significant repricing.
 

sqa

Village Scribe
And, just as a random coincidence to ICT's talk:

http://www.independent.ie/irish-news/politics/revealed-the-troika-threats-to-bankrupt-ireland-30621197.html

For those that don't remember, Ireland bailed out their own banks, when it was a really, really stupid idea to do that.
 

SLT

Official GDayFX.com Rep
Touching up on a few things...
I have been watching ICT videos again, what video was the "high probability price patterns" video? does anyone remember? its about price patterns inside market maker profiles
 

Computater707

Well-Known Member
GdayFx said:
Touching up on a few things...
I have been watching ICT videos again, what video was the "high probability price patterns" video? does anyone remember? its about price patterns inside market maker profiles
I found it in 25days of xmas day 17- great info
 

sqa

Village Scribe
Video in the Torrent. Day 17. 1 hour video.

"Day 17 - High Probability Price Patterns.mp4"
 

sqa

Village Scribe
I'm quite looking forward to ICT's full work up on the Market Maker stuff. I've only been able to see it in hindsight, which isn't too helpful for trading, most of the time. Though it's probably worth me going back through those videos again, anyway.
 
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