brians1128 said:
Slightly off topic but I was watching the newest ICT video and about 40 mins in he discussed the use of other entry methods besides fibs. I have been focused on using fibs, and his newest fib concept in using hidden levels to enter during consolidations. Any one care to discuss his other methods I am not to familiar with them and plan on doing some research.
They are;
- Reflection
-ICT Grail
- Type II trend following
- ICT Stinger
Those aren't entry methods... (apart from Reflection) they are divergences.
Reflection is basically a mirror image of OTE.
Usually (for a buy). You take the low on the left and a high on the right and your entry is between 62% and 79%.
Reflection is the following (you keep the same high) you take the low on the left as 79% by dragging the Fib lower and you enter at 100% instead. So basically it's a mirror image that way. It's tough to explain without charts. Let me know if you need clarification.
Once again, in reflection, the low is at 79% or OTE and the entry is lower, at 100% of the fib.