Leaderboard
Popular Content
Showing content with the highest reputation on 07/22/21 in all areas
-
Please see if this is the missing file. [spoiler=on medi@ fire] file/fm3indvct0fdm2m/Week_7_1_Trading_Counter_Trends_Professionally.ts/file1 point
-
What Happened to the Forum?
⭐ monkeybusiness reacted to ⭐ gadfly for a topic
It looked to me like the Ezoic "AI" advertising platform ( ww.ezoic.com ) was interfering with forum page loading and functions, only their ads loaded properly. May the ezoic robot rest in virtual peace.1 point -
I don't believe that Linda's Wealth365 webinar was recorded but this one is very good: LBR Stock Charts Webinar -7/13/21: vvww.youtube.com/watch?v=69Irb4Or-Aw1 point
-
@Darkz0r I still think that ICT and supply/demand zones drawing methods are just wishful thinking (as in drawing and extending rectangles and hoping price will bounce from them), there is WAY more to successful forex trading than that, as in gauging strength of each currency based on it´s price action (the daily territory breaches, as taught in Urban Forex courses, specially the 4CB) and also the fundamentals. And you gotta do it for each currency, so you always be looking at at least 49 charts to check this stuff and select the best pair to trade at a given day. You gotta create profiles for each currency so you gonna have 7 charts for each currency. You gotta also keep track of the high impact news for each currency and crate a table of Strong Vs. Weak based on the news, that sentiment will linger til the markets change direction. Using the same example you posted, that trade would actually have a high chance of working because: 1 - You are in fresh sellers territory, and the previous buyer failed to make a higher high 2 - You are in a range, and you got a lopsided V-Formation inside of the range after a choppy pullback (meaning the big boy seller is most likely back). So taking a short at the upper side of the range has high odds. You still have to break the low of the range, though, price can bounce back to the upper side too one more time. (after the V-Formations we wait for the tests, but since it´s happening inside of the range we can try and short at the best price - which would be the top of the range of course, or an upthrust of that range) So you see, there is a logic involved here, it´s not drawing a rectangle and extending from an "order block" and hoping price will react. If the price action of this image was happening in a different context then the trade would probably wouldn´t work out (for example not in sellers territory/trying to trade outside active hours (london or NY opening hours)/strong fundamental for the currency you are trying to short/currency is weak against others after correlation analysis; etc, etc,....)1 point
-
WIFXA - Institutional Scalping and Intraday Trading
birdshoof reacted to ⭐ sapperindi for a topic
MEGA thanks to the origin uploader1 point -
I'm reposting this again, since my last post was flagged and sadly moderation seems non-existent in this forum. Well, I have traded with both SMFX and Cointrader96 in the past, very good consistent traders. SMFX learned from Cris Lori and Cointrader96 from ICT and they both trade very similarly. (Also, Cointrader96 trading system is based on ICT's free YouTube videos, not on the mentorship videos.) So the thing to keep in mind is, there isn't one exact way of trading "Smart Money Concepts" (SMC) and this is why people struggle with the way Inner Circle Trader (ICT) teaches, because he teaches many SMC models and therefore you have to pick what suits you and disregard the rest. You have to create your own trading system and this requires you to backtest and actually put in the work. You pair this with his unnecessary long videos teaching you more about colognes than trading itself and you start to realize why people don't like his teachings. Now, the reason people don't like the man himself is a whole different discussion... You see, there's nothing new under the sun, it all comes back to Wyckoff, Elliot Waves, Dow theory and WD Gann. These traders understood how the market moved +100 years ago and all recent technical analysis are, in one way or the other, inspired in these methodologies. ICT however insists that he invented all the "SMC" stuff himself and even made bold claims such as Richard Wyckoff would be his mentee if he was still alive. Most people outside ICT's group think differently and this is where all the drama stems from. Those ICT traders will, more often than not, find themselves entering the market at the same time as Wyckoff traders. Wyckoff at its core is nothing more than liquidity creation + manipulation (shakeouts) and return to supply and demand zones. So one can argue that it's the same thing, but different perspectives. Whether he learned from Chris Lori, Larry Williams or directly from Wyckoff it doesn't matter. ICT brought what was was already available everywhere to the forefront. He took what he learned, packaged it, made words for it and taught it. The other SMC traders who learned from Chris Lori and/or ICT simply refined it. In the end, you have to find what resonates with you. Some people prefer to go back and learn directly from the books of the great traders I mentioned above and others prefer to learn from someone else's interpretations. Being refined doesn't necessarily mean it's a bad thing, there's always room for improvement. So to end this long reply, this is how the timeline goes like: Wyckoff > Larry Williams & Cris Lori & ICT > ProficientFX & IML > RC Visionaries & WWA > All other SMC mentorships/courses I'm not sure which courses you watched, but remember, the market is fractal no matter how you look at it: Wyckoff, trendlines, equal lows, supply and demand, Order Blocks, etc. We are essentially trading Market Structure here, the Order Blocks are just for Entries. If the Order Blocks aren't holding price, chances are your Market Structure analysis is wrong. More often than not, this is due to the Top Down Analysis. I recommend that you watch this video: Again, if you are interested in "SMC", I recommend Vertex or VVS Academy (Smart Money Source) for this. I personally like when my Order Blocks leave an imbalance behind, this is a good confirmation that price needs to come back and mitigate it. And just like you said, they are also good when used as targets. As a matter of fact, Levi from ProficientFX trades like this. You can trade from Orderblock to Orderblock. Basically, you go to the H4 or H1 and mark the imbalances and liquidity as to where price could potentially go, and then look for a clean Order Block (by clean I mean, engulfing candle that took EQH/EQL, with no wick/small wick, and left imbalance behind) targetting liquidity on the way to another OrderBlock. Example: 1 point
-
https://fex.net/s/lz0lmna1 point
-
Delta Neutral Trading
starion reacted to incomehack for a topic
Sale page: https://bitcointradingpractice.com/product/delta-neutral-trading-course/ Download: https://www.mediafire.com/file/bc15d22r2exb4q4/Neutral_Delta.rar/file Please make mega link too. Will share options course later when have time. Thank you1 point -
Alternative link: https://sundryshare.com/11sv1 point
-
Jeff Swanson - System Development Master Class (2GB)
⭐ al2008 reacted to ⭐ insaneike for a topic
Fresh link [spoiler=Links]https://mega.nz/file/oFhymSqB#6-5HzcDjBk7vCndfC3Y7pYTaWMYljQ2yFjkydAHfoLk1 point -
0pt!0n5 P!t-9@mm@ Tr@d!n9 Cl@55-M@rk 53b@5t!@n [spoiler=g@mm@] [email protected]/folder/SRh3TaSL#8jya382K_se21CiCKJGuRg1 point
-
Nick Radge - Equity Investing with Relative Momentum -8/22/18 (1 hour) Link: https://www.mediafire.com/?5q5ihwdtabk6jiw This is a Market Technicians Association Webinar1 point