1. The Secret to Trading:
Before you even start learning to trade, see below the Secret question of trading:
What is that secret question?
https://www.forexfactory.com/thread/...4#post13938204
If you have learnt by heart the answer to the secret, only then start learning the method.
2. Discipline
Will keep adding here
3. The Methodology:
HTFs give direction to LTFs, but price turns on LTFs first
My setup rules below:
1. look for a liquidity grab / Imbalance rebalance
2. wait for a BOS (break of structure) with a FVG
3. then Retest of OB (order block) is our entry.
Entry Times (EST | UTC-4)
New York Kill Zone: 7am - 10am
London Kill Zone: 1am - 5am
Asian Kill Zone: 8pm - 00am
London Close Kill Zone: 10am-12pm
This can give easy 10pip with very less draw down i will share charts soon for understanding. (Once make some profit can close 80% of the lot and let the rest play)
Try to always do breakeven once price move away to secure the equity, and book the profit to keep increasing the equity)
we only trade price action with a confluence of break/continuation in market structure and enter only upon retest of OB
Below are the main lessons for Higher time frame Price delivery arrays (PD Arrays) to understand the PRICE from a Premium to Discount point of view.
Lesson #1 Stop Hunts \ Liquidity Purge - old high\low - swing points - Rejection block
Inserted Video
https://www.forexfactory.com/thread/...7#post13595937
Stop Hunt Mastery Book:
https://www.forexfactory.com/thread/...3#post13604053
Lesson #2 Order Block post #1
What is OB: last buy candle in sell trend, and last sell candle in buy
https://www.forexfactory.com/thread/...0#post13591660
Lesson #3 Fair value gap / liquidity void / price inefficiency / imbalance post #124
What is price inefficiency/imbalance/fair value gap
Inserted Video
https://www.forexfactory.com/thread/...6#post13330556
https://www.forexfactory.com/thread/...5#post13591395
https://www.forexfactory.com/thread/...2#post13591422
https://www.forexfactory.com/thread/...8#post13646008
Lesson #4 Breaker Block
https://www.forexfactory.com/thread/...9#post13385929
Lesson #5 Mitigation/Retest of Breaker/Order block
https://www.forexfactory.com/thread/...0#post13332850
Lesson #6 SMT Divergence (Smart money Tool/Technique) - i use RSI for this purpose only.
this can be linked to Lesson no # 1 as a reversal sign
https://www.forexfactory.com/thread/...7#post13490167
Lesson #7 Power of three (AMD) / Judas Swing / Turtle Soup
https://www.forexfactory.com/thread/...8#post13591088
Lesson #8 Round Number / Fibonacci Levels / Sessions opens / Month closing / Quarter closing
New York Kill Zone: 7am - 10am
London Kill Zone: 1am - 5am
Asian Kill Zone: 8pm - 00am
London Close Kill Zone: 10am-12pm
Lesson #9 Seasonality
https://www.forexfactory.com/thread/...1#post13407831
Lesson #10 Daily Bias
https://www.forexfactory.com/thread/...9#post13963249
Lesson #11 Commitment of Traders - Weekly reports / Open Interest (Futures Data)
For Open Interest Data: https://www.cmegroup.com/market-data...fx-volume.html
For COT Data : https://www.cftc.gov/MarketReports/C...ders/index.htm
Read this book:
Trade Stocks Commodities with the Insiders - By Larry Williams
Summary of price:
price does only five things, if one knows them then he can see.
Five Elements of Price, it;
1 - takes liquidity : lesson # 1
2 - respect order blocks : lesson # 2
3 - creates imbalances : lesson # 3
4 - fill those imbalances of other sides
5 - at specific Time (month end/quarter end/sessions opens) and Prices (RN/Fib levels) not price and time
Telegram free course links:
You will find free forex course: (please dont ignore the pdf books attached in the top right attachments link for learning)
https://www.forexfactory.com/thread/...7#post13865647
https://www.forexfactory.com/thread/...9#post13373129
https://www.forexfactory.com/thread/...3#post13481443
https://www.forexfactory.com/thread/...5#post13546845
Pdf to look for:
Market Structure:
https://www.forexfactory.com/thread/...2#post13350932
https://www.forexfactory.com/thread/...7#post13397847
BOS & OB: https://www.forexfactory.com/thread/...5#post13338765
Complete Pdf: https://www.forexfactory.com/thread/...4#post13351854
Vertex Pdfs: https://www.forexfactory.com/thread/...9#post13373129
Credits:
These method i learn from Michael J Huddleston aka (InnerCircle Trader ICT) - Everyone else online learnt from him and tag as their own.
Telegram https://t.me/ICT_Official
Free Youtube channel - https://www.youtube.com/user/InnerCircleTrader
Twitter: @I_Am_The_ICT
FF Thread - https://www.forexfactory.com/thread/562581-trd
Price action drill:
Inserted Video
My Templates and Indicators:
As at 2022.06.22 - New
Attached File
As at 2021.11.16 - Old
Attached File
Order block Marking Indicator and usage: (manual)
OB Indicator:
Attached File
https://www.forexfactory.com/thread/...6#post13784006
How to use: https://www.forexfactory.com/thread/...5#post13784695
Trade Executer-EA: Using Trade Execution: only to execute orders - set fixed amount of stop loss say 25$, it will adjust the lot size accordingly based on SL pips.
Attached File
Back Testing EA:
Attached File
Who is Michael J. Huddleston: (that's how he define himself)
Extend it out in Time !! Faith, Discipline, Patience, Prayers, Hard-work !!