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Cable Update (GBPUSD)

  • #730,261
  • Feb 19, 2023 6:19pm Feb 19, 2023 6:19pm
Quoting BigNumbers
{quote} BUY NOW... It is at OTE now!
Hi ..not sure what OTE means but it triggered my entry edge abit ago so I am in!! Thanks my friend!!!

best to your trade
  • #730,262
  • Feb 19, 2023 6:23pm Feb 19, 2023 6:23pm
Quoting BigNumbers
{quote} ICT is the Author of SMART MONEY CONCEPT, ORDER BLOCK, FAIR VALUE GAP, JUDAS SWING and so on and he gives every thing free on his Youtube channel but he talks a lot but does not goof. I'll recommend him, although his concepts are not easy to understand...
Thanks. Something odd with his approach. I followed him on Twitter, and all he posts is a challenging question, if you read the answers, those are hilarious!
Sounds like a special group dragging beginners in to promote them.
I might be wrong, but don't think is for me.
  • #730,263
  • Feb 19, 2023 6:26pm Feb 19, 2023 6:26pm
Quoting ninner
{quote} Hi ..not sure what OTE means but it triggered my entry edge abit ago so I am in!! Thanks my friend!!! best to your trade
OTE is an ICT fib level. Optimal Trade Entry.
  • #730,264
  • Feb 19, 2023 6:29pm Feb 19, 2023 6:29pm
FF used to be a safe haven from larp money concepts
  • #730,265
  • Feb 19, 2023 6:30pm Feb 19, 2023 6:30pm
Quoting BigNumbers
{quote} Its not true man! ICT is one of the best traders out there... ICT does not believe in S/R he hardly mention support and resistance.. ICT is deep... I won't lie but recently his model walks better on US3O, S&P500 and the likes.. If you understand ICT's concept you will be profitable.. He has only one disadvantage... He talks a lot in his videos and that makes it boring I personally don't like SMC concept...
ICT just ripped off Chris Lori’s work to be honest.
That’s where all the concepts come from.
Trading thin liquidity at the boundary of the charts
  • #730,266
  • Feb 19, 2023 6:36pm Feb 19, 2023 6:36pm
Quoting RickM
{quote} ICT just ripped off Chris Lori’s work to be honest. That’s where all the concepts come from.
That could be, don't really know. If he did he at least has a good understanding of it.
  • #730,267
  • Feb 19, 2023 6:40pm Feb 19, 2023 6:40pm
Quoting RickM
{quote} ICT just ripped off Chris Lori’s work to be honest. That’s where all the concepts come from.
If you look closely at all these FVG, IOFED, OTE and all the other crap he "teaches" then all of it is truly SnD, Fakeouts, S/R. He's talking about the time and price concept Well 90% of the time fakeouts occur during London open time, books from 2000 were talking about it already nothing new.
How to succeed in zero sum game?
  • #730,268
  • Edited 7:00pm Feb 19, 2023 6:47pm | Edited 7:00pm
When I was young I got a hobby of attending Traders Expo and asking one question presenters who were selling courses and mentorship programs. What percentage of your income is from trading and selling mentorship programs? One guy threatened to kill me (jokingly), another to permanently injure me, and only one guy said 30%/70%, the rest accused me of being planted by competition.
I'm not against mentorship programs I only ask you, people, to take it with the grain of salt because, at the end of the day, you will need to have 100's hours of screen time to become good at it. No one will do the job for you. Today, every possible concept of trading is posted on the internet. I can say with 99.99999% certainty that learning how to read the structure of the market will take you more than 10-30 minutes.
2B setup busted on Friday. The resistance zone above held. Potential support at green zones.
Edit: updated chart
Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.20 15Mb.png Size: 32 KB
Always trade your own plan...I don't provide trading signals.
  • #730,269
  • Feb 19, 2023 6:49pm Feb 19, 2023 6:49pm
Quoting charlienoble
{quote} OTE is an ICT fib level. Optimal Trade Entry.
ok thanks.
  • #730,270
  • Feb 19, 2023 6:50pm Feb 19, 2023 6:50pm
nzdusd short

Other FAVORITE PAIR
NZDJPY LONG 37 PIPS AWAY FROM OTE
USDJPY LONG @ OTE
NZDUSD SHORT 30 PIPS AWAY FROM OTE
GBPUSD SHORT
EURUSD SHORT
GBPCAD SHORT 41 PIPS AWAY FROM OTE
CADCHF LONG
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD_2023-02-19_16-48-10.png Size: 29 KB
My telegram: https://t.me/avidforex
  • #730,271
  • Feb 19, 2023 6:54pm Feb 19, 2023 6:54pm
Quoting BigNumbers
nzdusd short Other FAVORITE PAIR NZDJPY LONG 37 PIPS AWAY FROM OTE USDJPY LONG @ OTE NZDUSD SHORT 30 PIPS AWAY FROM OTE GBPUSD SHORT EURUSD SHORT GBPCAD SHORT 41 PIPS AWAY FROM OTE CADCHF LONG {image}
i am already short NZDUSD from last week.....curious where is your target for USDJPY???
  • #730,272
  • Feb 19, 2023 6:56pm Feb 19, 2023 6:56pm
Quoting charlienoble
{quote} OTE is an ICT fib level. Optimal Trade Entry.

Although, I wasn't referring to ICT Fib's OTE... I have my own optimum Trade entry.. The most suitable level to get take a trade...
My telegram: https://t.me/avidforex
  • #730,273
  • Feb 19, 2023 6:59pm Feb 19, 2023 6:59pm
Quoting ninner
{quote} i am already short NZDUSD from last week.....curious where is your target for USDJPY???
Note. these level..

TP1 135.700
TP2 137.435
My telegram: https://t.me/avidforex
  • #730,274
  • Feb 19, 2023 7:02pm Feb 19, 2023 7:02pm
Quoting BigNumbers
{quote} Note. these level.. TP1 135.700 TP2 137.435
ok thanks....way up there...we will see if it starts to trend more on the 4 hour ...bias is bullish!!!
  • #730,275
  • Feb 19, 2023 7:06pm Feb 19, 2023 7:06pm
Quoting ninner
{quote} ok thanks....way up there...we will see if it starts to trend more on the 4 hour ...bias is bullish!!!
Once it crosses 134.548 the H4 resistance... It will still start flying up.. I like getting in before it gets to the h4 level so i can move my stop to break even...

Now we are currently at 45min resistance 134.415 it will take it out soon
My telegram: https://t.me/avidforex
  • #730,276
  • Feb 19, 2023 7:13pm Feb 19, 2023 7:13pm
Quoting BigNumbers
{quote} Once it crosses 134.548 the H4 resistance... It will still start flying up.. I like getting in before it gets to the h4 level so i can move my stop to break even... Now we are currently at 45min resistance 134.415 it will take it out soon
that is where I want to see how it acts. 4hour is still ranging however one of the better pairs at the moment.

thanks
  • #730,277
  • Feb 19, 2023 7:23pm Feb 19, 2023 7:23pm
CLOSED NZDUSD ( It will range)

NZDJPY LONG
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY_2023-02-19_17-22-27.png Size: 37 KB
My telegram: https://t.me/avidforex
  • #730,278
  • Feb 19, 2023 8:01pm Feb 19, 2023 8:01pm
Quoting Kimmymore
GU now {image}
Now Sell : Closed.

------------------
Buy GU

TP = 1.217XX
Attached Image (click to enlarge)
Click to Enlarge Name: closed.jpg Size: 162 KB
  • #730,279
  • Feb 19, 2023 9:46pm Feb 19, 2023 9:46pm
Markets are ranging and dead right now!!
  • #730,280
  • Feb 19, 2023 9:49pm Feb 19, 2023 9:49pm
Quoting eyefeelsix
{quote} Failure red zone, hanging in the air lol {image} Next week will be a different story, Have a nice weekend Cable!
when I know I'm wrong, time to escape - close BEP
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 20 KB
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