{quote} Sorry mate I deleted the post just as you were replying. I stand corrected on that one. Cheers (Every days a school day)
learning is an ongoing. Even for me !regards
bilal
"Exchange of hands"
- #4,461
- Apr 9, 2022 10:31am Apr 9, 2022 10:31am
- Joined Apr 2020 | Status: Offline | 3,298 Posts
learning is an ongoing. Even for me !regards
bilal
- #4,462
- Edited 6:21pm Apr 9, 2022 6:11pm | Edited 6:21pm
- Joined Apr 2020 | Status: Offline | 3,298 Posts
"Exchange of hands"
- #4,463
- Apr 9, 2022 6:12pm Apr 9, 2022 6:12pm
- Joined Apr 2020 | Status: Offline | 3,298 Posts
"Exchange of hands"
- #4,465
- Apr 10, 2022 3:54am Apr 10, 2022 3:54am
Concepts from 2016/2017 - Mentorship month 8: Day trading {image} Source: https://t.me/Almekkix
*means a simple image to mark OB wick /candle/FVG ?
*sometime Big FVG then what to do ?
*how to know which is valid or stonger OB ? as i am new so i only will follow those stronger OB ..so by this way i will start earning and then continue learning
*What stoploss has to use ? FVG ? or above high 1-2 pips and below low 1-2 pips ?
*what is 3 <<< many users here cannot understand english so Images like above will explain well
*if there are 10 higher low in trend and market start reversal does i have to mark all those 10 Higher low as 10 OB ? or only 2-3 amongh those will mark ?
* marking is still big big confusion
**** Suppose what i do is ... wait for BOS , then market previous high/low as OB then wait for market retest the OB i enter in trade the high os OB is SL <<<< is that what u do too or something i am missing ?
- #4,467
- Apr 10, 2022 5:12am Apr 10, 2022 5:12am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #4,468
- Edited 5:36am Apr 10, 2022 5:22am | Edited 5:36am
- Joined Apr 2020 | Status: Offline | 3,298 Posts
"Exchange of hands"
- #4,470
- Edited 10:44am Apr 10, 2022 8:32am | Edited 10:44am
- Joined Apr 2020 | Status: Offline | 3,298 Posts
{quote} *Bilal can u make some charts like above where show ?
- show what is Breaker?
Keep every thing simple, mark m15 OB inside H4 OB and then see if price shows a BOS then upon return back to breaker or OB wait price to show FVG and enter at OB keeping SL above the OB as shown in this pic.
sometime Big FVG then what to do ?
Mark the FVG open and mid point and OBs and wait for the reaction as shown in above picture to look for entry.
means a simple image to mark OB wick /candle/FVG ?
Mark the OB candles only as bulk of volume lies in candles not wicks, but HTF wicks are important too.
how to know which is valid or stonger OB ?
OB where price has never visited before.
What stoploss has to use ? FVG ? or above high 1-2 pips and below low 1-2 pips ?
Pips doesn't matter it is your lot size adjustment so loss remain fixed, use EA attached in post #1 to find that lot size.
if there are 10 higher low in trend and market start reversal does i have to mark all those 10 Higher low as 10 OB ? or only 2-3 amongh those will mark ?
* marking is still big big confusion
- OB where price has never visited before (means those OB have FVG)
- Mark M15 OBs only inside H4 OBs
- Watch for the pattern picture for entries at:
Round Numbers / Half round number, 00, 20, 50, 80 levels
Above and below of yesterday / Weekly / Monthly
At Asian high / Low
At FVG open and at 50%
At OB open and at 50%
At Breaker open and at 50%
At 5 days daily ADR high low
*** Liquidity: at all these above levels is liquidity/mitigation/FVG balance is happening so only then we look for entries.
Risk Management: if price hit SL it should only reduce 0.50% of your equity, so some times SL will be 3, 5, 7 pips but lot size should be accordingly adjusted so if SL gets hit loss is minimal.
"Exchange of hands"
- #4,472
- Apr 10, 2022 3:37pm Apr 10, 2022 3:37pm
Hi Bilal, How are you brother?
i am new to learning ICT concepts and from this thread i have learned a lot.
Still i need to polish my entries and exits as many times i get hit by SL.
I am posting EU chart just to show you if this is right overview i am having as yours, this will give me insight if i am doing it incorrectly
RSI showing Divergence, SSL is grabbed, Structure is broken, OB is marked with FIB levels. (FVG and Imbalance is seen right above the marked OB
Thanks a lot for creating such an amazing thread
Regards
i am new to learning ICT concepts and from this thread i have learned a lot.
Still i need to polish my entries and exits as many times i get hit by SL.
I am posting EU chart just to show you if this is right overview i am having as yours, this will give me insight if i am doing it incorrectly
RSI showing Divergence, SSL is grabbed, Structure is broken, OB is marked with FIB levels. (FVG and Imbalance is seen right above the marked OB
Thanks a lot for creating such an amazing thread
Regards
- #4,473
- Apr 10, 2022 4:08pm Apr 10, 2022 4:08pm
- Joined Apr 2020 | Status: Offline | 3,298 Posts
Hi Bilal, How are you brother? i am new to learning ICT concepts and from this thread i have learned a lot. Still i need to polish my entries and exits as many times i get hit by SL. I am posting EU chart just to show you if this is right overview i am having as yours, this will give me insight if i am doing it incorrectly
Welcome, yes, price can return back and reverse from the open or 50% of OB, fvg or breaker... So observe where you get your entry.. price will generate the Liquidity at any of these levels then grab it taking out SL and reverse.
Please note i dnt use rsi anymore but at this particular place it seems correct. I see the divergence by comparing GU and EU.
"Exchange of hands"
- #4,474
- Apr 10, 2022 11:08pm Apr 10, 2022 11:08pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #4,475
- Apr 11, 2022 12:30am Apr 11, 2022 12:30am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #4,476
- Apr 11, 2022 9:00am Apr 11, 2022 9:00am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #4,477
- Apr 11, 2022 10:44am Apr 11, 2022 10:44am
I have a few things on my mind:
Does anyone know where ICT talks about mitigation blocks in more detail? Huge ask since there's so many long form videos to remember which one it's in if any.
Do mitigation blocks act like breaker blocks?
If price didn't break a previous H or L for a MSB and equalled it, would that technically be considered as a MSB? For example, previous HL = 1.0000 but price went down to 1.0000 and reversed.
Last one is probably a silly question but I have OCD, same as ICT
TIA
Does anyone know where ICT talks about mitigation blocks in more detail? Huge ask since there's so many long form videos to remember which one it's in if any.
Do mitigation blocks act like breaker blocks?
If price didn't break a previous H or L for a MSB and equalled it, would that technically be considered as a MSB? For example, previous HL = 1.0000 but price went down to 1.0000 and reversed.
Last one is probably a silly question but I have OCD, same as ICT
TIA
- #4,478
- Edited 4:04pm Apr 11, 2022 3:46pm | Edited 4:04pm
- | Joined Feb 2021 | Status: Trader | 717 Posts
I have a few things on my mind: Does anyone know where ICT talks about mitigation blocks in more detail? Huge ask since there's so many long form videos to remember which one it's in if any. Do mitigation blocks act like breaker blocks? If price didn't break a previous H or L for a MSB and equalled it, would that technically be considered as a MSB? For example, previous HL = 1.0000 but price went down to 1.0000 and reversed. Last one is probably a silly question but I have OCD, same as ICT
Breaker block follows a liquidity grab/successful swing.
Mitigation block follows a swing failure.
They were once Order Blocks that price has traded through, showing a potential change in delivery/market structure break.
They are both treated as PD Arrays along with Order Blocks, Fair Value Gaps etc etc, so could be considered as similair just a different narrative behind them.
{quote} In a nutshell mate. Breaker block follows a liquidity grab/successful swing. Mitigation block follows a swing failure. They were once Order Blocks that price has traded through, showing a potential change in delivery/market structure break. They are both treated as PD Arrays along with Order Blocks, Fair Value Gaps etc etc, so could be considered as similair just a different narrative behind them. {image}
Thank you, Paul.
- #4,480
- Apr 11, 2022 6:59pm Apr 11, 2022 6:59pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'