*** PASSIONATE *** PATIENCE *** DISCIPLINE ***
as i was going through the 2022 ICT mentorship youtube, i wondered whether it will be too daunting for a newbie trader.
so i pick some ideas from there hopefully that a newbie trader can understand easily.
1. 3 candle swing (d1 and above for directional bias)
2. premium (above fib 50) and discount market (below fib 50)
3. time of day (europe and new york sessions)
4. around key support n resistance, use lower time frames 3 candle swing to be in alignment in the same direction as d1 (or higher).
5. a higher time frame 3 candle swing may appear as head n shoulders in lower time frames.
when can you be wrong?
when the trend changes.
when there is major news events.
as i was going through the 2022 ICT mentorship youtube, i wondered whether it will be too daunting for a newbie trader.
so i pick some ideas from there hopefully that a newbie trader can understand easily.
1. 3 candle swing (d1 and above for directional bias)
2. premium (above fib 50) and discount market (below fib 50)
3. time of day (europe and new york sessions)
4. around key support n resistance, use lower time frames 3 candle swing to be in alignment in the same direction as d1 (or higher).
5. a higher time frame 3 candle swing may appear as head n shoulders in lower time frames.
when can you be wrong?
when the trend changes.
when there is major news events.
ITB - Seeing Orderliness amongst 'Randomness'