Trend Line Traders - Build Points
- Thread starter GdayFx
- Start date
Computater707
Well-Known Member
Re: Trend Line Traders
I have been reviewing ICT's latest video 082715 with the refined entry zone. Your post reminded me of earlier trend-line studies I have done where I had noticed that ICT Optimal Trade entries often coincided with trend line returns after a trend line break. This gave me the idea of looking for a refined entry zone as further confluence for a high probability low risk entry. It will require further study but it looks promising at a first glance.
TX for the idea SLT
I have been reviewing ICT's latest video 082715 with the refined entry zone. Your post reminded me of earlier trend-line studies I have done where I had noticed that ICT Optimal Trade entries often coincided with trend line returns after a trend line break. This gave me the idea of looking for a refined entry zone as further confluence for a high probability low risk entry. It will require further study but it looks promising at a first glance.
TX for the idea SLT
Attachments
Re: Trend Line Traders
Look at cable here, two sell signals from the Build Point line after smt divergence for the second sell signal
As you say, confluence
I have seen build points work fantastically in conjunction with other concepts, I call them build points, as that is where any reversal takes place for a future price channel to develop
Many times the build point will be the low risk buy or sell
You can also you this in conjunction with fib extension for profit targets
If ICT subscribers like trend lines, even though he doesnt like them, this is the place to implement trend lines, if he or she is curious. The newbie trader wont understand it, though once you have the background knowledge, a trend line becomes a "reminder" to start focusing on smart money
Look at cable here, two sell signals from the Build Point line after smt divergence for the second sell signal
As you say, confluence
I have seen build points work fantastically in conjunction with other concepts, I call them build points, as that is where any reversal takes place for a future price channel to develop
Many times the build point will be the low risk buy or sell
You can also you this in conjunction with fib extension for profit targets
If ICT subscribers like trend lines, even though he doesnt like them, this is the place to implement trend lines, if he or she is curious. The newbie trader wont understand it, though once you have the background knowledge, a trend line becomes a "reminder" to start focusing on smart money
Attachments
100 pip day trade
https://www.youtube.com/watch?v=GfQFPG-ZAHU
https://www.youtube.com/watch?v=GfQFPG-ZAHU