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1M Price Action System

  • Linked: I am ICT | Demo Account XXXXXX40 Starting Nov 12, 2021
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  • #4,141
  • Mar 23, 2022 7:48am Mar 23, 2022 7:48am
AUDCAD in play, dont know how it goes ( demo)
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Learning is a never ending Journey
  • #4,142
  • Mar 23, 2022 7:55am Mar 23, 2022 7:55am
Quoting PranithR
AUDCAD in play, dont know how it goes ( demo) {image}
liquidity is above.
fib 50 going for 50.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,143
  • Mar 23, 2022 7:58am Mar 23, 2022 7:58am
Quoting Inthebox
{quote} liquidity is above. fib 50 going for 50. {image}
Thanks mate, I didnt see the bigger picture
Learning is a never ending Journey
  • #4,144
  • Mar 23, 2022 8:16am Mar 23, 2022 8:16am
Quoting Inthebox
{quote} liquidity is above. fib 50 going for 50. {image}
Took the equal highs already I think, which is enough for short term scalp followed by lower timeframe (BOS) impulsivness.
So he had a really nice key level marked already in confluence with lower timeframe wheter he knew it or didnt.

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  • #4,145
  • Mar 23, 2022 8:34am Mar 23, 2022 8:34am
Quoting ChrissK
{quote} Took the equal highs already I think, which is enough for short term scalp followed by lower timeframe (BOS) impulsivness. So he had a really nice key level marked already in confluence with lower timeframe wheter he knew it or didnt. {image}
you are right.
i missed the double top liquidity already taken.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,146
  • Mar 23, 2022 8:48am Mar 23, 2022 8:48am
Quoting Inthebox
{quote} you are right. i missed the double top liquidity already taken.
it's hard to read GU price action, i don't see a GU opportunity today, should I trade multiple pairs?
C? h?i v?n còn ?ó, ch? có ti?n là m?t ?i.
  • #4,147
  • Mar 23, 2022 8:48am Mar 23, 2022 8:48am
Quoting 7stnam
{quote} it's hard to read GU price action, i don't see a GU opportunity today, should I trade multiple pairs?
GU is a pain to trade at this moment, consolidating.
to move up it has to go pass previous week's high.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,148
  • Mar 23, 2022 8:49am Mar 23, 2022 8:49am
Quoting ChrissK
{quote} Took the equal highs already I think, which is enough for short term scalp followed by lower timeframe (BOS) impulsivness. So he had a really nice key level marked already in confluence with lower timeframe wheter he knew it or didnt. {image}
I am a newbie to ICT, I have to learn to look at the bigger picture, what I am playing for now is looking for the recent highs and lows before the NY session opens and price action after the session open.
Learning is a never ending Journey
  • #4,149
  • Edited 11:14am Mar 23, 2022 9:36am | Edited 11:14am
Quoting 7stnam
{quote} it's hard to read GU price action, i don't see a GU opportunity today, should I trade multiple pairs?
GU is pretty easy at the moment I reckon.

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Result: At London close now, but was good for 30 pips.

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  • #4,150
  • Mar 23, 2022 9:38am Mar 23, 2022 9:38am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,151
  • Edited 1:36pm Mar 23, 2022 10:11am | Edited 1:36pm
Quoting ChrissK
{quote} Took the equal highs already I think, which is enough for short term scalp followed by lower timeframe (BOS) impulsivness. So he had a really nice key level marked already in confluence with lower timeframe wheter he knew it or didnt. {image}
Nice observations guys, however i also think the strong daily impulsive bullish candle yesterday paused a caution for more upside (liquidity grab) and since by now that equal high formed today hasn't dumped maybe more momentum needs to be picked from 50 50 Fib levels like ITB denoted.
Face 'ur fears & tame 'ur greed
  • #4,152
  • Mar 23, 2022 11:14am Mar 23, 2022 11:14am
Quoting Paulscaff1
{quote} GU is pretty easy at the moment I reckon. {image} {image} {image}
We will see.

I looked at GBPUSD and seen crossed winds......usually means first 'reversal' is the trap, longs all jump in and get stopped out, and then comes the reversal.

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I shall start hunting a long on the 2nd reversal.
  • #4,153
  • Mar 23, 2022 11:47am Mar 23, 2022 11:47am
Quoting MatDerKater
{quote} We will see. I looked at GBPUSD and seen crossed winds......usually means first 'reversal' is the trap, longs all jump in and get stopped out, and then comes the reversal. {image} I shall start hunting a long on the 2nd reversal.
the first trap was done during new york exch open. no? too small?
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,154
  • Mar 23, 2022 1:10pm Mar 23, 2022 1:10pm
Quoting Inthebox
{quote} GU is a pain to trade at this moment, consolidating. to move up it has to go pass previous week's high.

M15 Chart - alot of confluences and then our SL to save us being wrong.
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"Exchange of hands"
  • #4,155
  • Mar 23, 2022 1:22pm Mar 23, 2022 1:22pm
on Daily - Perhaps the job is done or even the 18 pips will be going to closed be filled, we will see tomorrow. price stays below todays open we are bearish just a guess.
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"Exchange of hands"
  • #4,156
  • Mar 23, 2022 1:30pm Mar 23, 2022 1:30pm
Quoting lostup
this was also wrong mark ? or this SL was right ? {image}
Before entries follow the three step, a pending order at OB wont work and even than price can hit SL, use stop loss.
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.
"Exchange of hands"
  • #4,157
  • Mar 23, 2022 1:50pm Mar 23, 2022 1:50pm
Enjoy both the music and small clip: (i dont know why but seeing charts are no way less than a thriller/action movie)

Inserted Video
"Exchange of hands"
  • #4,158
  • Mar 23, 2022 1:51pm Mar 23, 2022 1:51pm
Quoting bilal1947
{quote} M15 Chart - alot of confluences and then our SL to save us being wrong. {image}
Hello Bilal, your london open candle is my frankfurt session open . Could you have marked it wrong or it's a shift in the different time zones internationally that causes such a difference.
Face 'ur fears & tame 'ur greed
  • #4,159
  • Mar 23, 2022 1:59pm Mar 23, 2022 1:59pm
Quoting JereMi256
{quote} Hello Bilal, your london open candle is my frankfurt session open . Could you have marked it wrong or it's a shift in the different time zones internationally that causes such a difference.
London open 8:00 am is newyork 04:00 since i like actual london open since volatility starts from here. However as per Michael london kill zone start 02:00am NY time.


Link of time zone tool used from play store:
https://play.google.com/store/apps/d...imezone_viewer
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"Exchange of hands"
  • #4,160
  • Mar 23, 2022 2:11pm Mar 23, 2022 2:11pm
Quoting bilal1947
{quote} London open 8:00 am is newyork 04:00 since i like actual london open since volatility starts from here. However as per Michael london kill zone start 02:00am NY time. Link of time zone tool used from play store: https://play.google.com/store/apps/d...imezone_viewer {image}
Coincidence! That is my time zone and location, I use that but it doesn't match your Open price.
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Face 'ur fears & tame 'ur greed
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