logicgate

The Tradingview version was made available for free, if anyone is interested. Just give it a boost and a comment:
 
https://www.tradingview.com/script/6J8kSoH8-The-Master-Pattern-Indicator/

You know that a while ago I decided to go through the whole ICT mentorship on youtube, to have a "refresher" on SMC, and I realized how I completely skimmed over almost all of it when I watched it a couple of years ago (when it wasn't public yet).
 
I had learned most of the SMC from the copycats, because I did not have the patience to go over every single ICT Mentorship video (you know how he likes to ramble on and on sometimes), and now I see how it was a big mistake learning from the copycats.
 
They teach the stuff completely wrong, damn. The order block stuff, which swings to use, market structure break, etc.. They teach all completely wrong!! If you wanna study the SMC stuff, go straight to ICT. I think I even bashed him here at some point, gonna have to bite my tongue now.
 
I took the time to watch his mentorship with patience and attention and there is a lot of stuff there that the copycats don't teach and that are very important for high probability trades, like doing the correlation analysis with USDX, Bonds market, the IPDA stuff, interest rate differentials with COT report, to name a few.
 

Interesting, haven´t checked this one yet. Sometimes you find one bit of usable stuff to improve your trading.
 
I have just checked the index and I already see what I don´t like: 17 trading setups!!! I mean, that is too much, and lot using the ****py moving averages system for entries.
 
Compare to VSA where you have the spring, the upthrust, low volume pullbacks (no demand/no supply test bars), and that is it. Easy to remember and detect, it is like 4 setups that happen almost all the time. Anyways, let´s see if there stuff in there to make just a tiny improvement to one´s trading.

He made his whole mentorship available for free on YouTube, just check his channel's playlists.

The Tradingview version was made available for free, if anyone is interested. Just give it a boost and a comment:
 
https://www.tradingview.com/script/6J8kSoH8-The-Master-Pattern-Indicator/

The Tradingview version was made available for free, if anyone is interested. Just give it a boost and a comment:
 
https://www.tradingview.com/script/6J8kSoH8-The-Master-Pattern-Indicator/

The Tradingview version was made available for free, if anyone is interested. Just give it a boost and a comment:
 
https://www.tradingview.com/script/6J8kSoH8-The-Master-Pattern-Indicator/

You know that a while ago I decided to go through the whole ICT mentorship on youtube, to have a "refresher" on SMC, and I realized how I completely skimmed over almost all of it when I watched it a couple of years ago (when it wasn't public yet).
 
I had learned most of the SMC from the copycats, because I did not have the patience to go over every single ICT Mentorship video (you know how he likes to ramble on and on sometimes), and now I see how it was a big mistake learning from the copycats.
 
They teach the stuff completely wrong, damn. The order block stuff, which swings to use, market structure break, etc.. They teach all completely wrong!! If you wanna study the SMC stuff, go straight to ICT. I think I even bashed him here at some point, gonna have to bite my tongue now.
 
I took the time to watch his mentorship with patience and attention and there is a lot of stuff there that the copycats don't teach and that are very important for high probability trades, like doing the correlation analysis with USDX, Bonds market, the IPDA stuff, interest rate differentials with COT report, to name a few.
 

He made his whole mentorship available for free on YouTube, just check his channel's playlists.

He made his whole mentorship available for free on YouTube, just check his channel's playlists.

avdst
 
I have been on this road for 4 years already, blown 3 accounts, I have read practically 90% I think of all books on trading ever published and probably watched almost all relevant courses. I tell I wish I had learned about the median lines way earlier instead of ditching them, I thought it was just a fancy trendline and channel, but actually is a way better when you learn it's origins and the proper way to use it. There is one webinar by Tim Morge (don't remember the name now, but watch all Tim Morge previously recorded webinars at interactive brokers site) where the demonstrates how you can't find the path (or frequency) of the market by trying to draw channels the wrong way (like most people do and I used to do it also, and lost money).
 
I recommend you having a serious look at it.
 
A canadian mathematician called George Marechal did a 15 years forecast of the Dow Jones (back on the old days, the 30's) with extreme accuracy. No one knows how he did it, he was a friend of Babson and Andews and it is suspected that Andrews developed his median line concept from Marechal's approach. It is all very intriguing:
 
http://time-price-research-astrofin.blogspot.com/2017/10/george-marechals-stock-market-forecast.html
 
 
If you start studying the charts with the median lines you can see that it always forecast the price direction with high accuracy. Study the Action Reaction concept by Babson, you will see there is something to it, I couldn't believe at first, it is crazy. For example, when you choose a center line and it is a down sloping line, then you clone the line to find action lines (to the left, the past) and you align this line with down pivots (where price formed support). Then you clone the line again and move it to the right of the center line this time (to the future, to find reaction lines), you place them symmetrically opposed to the action lines. When the price reach the reaction lines it's gonna form up pivots (resistance). It is better to label the action reaction lines like A1, A2, A3 , R1 , R2, R3 and then study what happens. Sometimes is like a mirror image.
 
Down sloping center line will have down pivots on action lines and up pivots on reaction lines. Up sloping center line will have up pivots on action lines and down pivots on reaction lines.
 
But don't take my word for it, nor anyone's opinion, the worst thing you can do in this business is listening to others blindly. You gotta gather the knowledge, and more importantly TEST the knowledge, and then after some time you gonna see what makes sense to you and what doesn't, you will know how to filter books and getting from them only what you want, but first you gotta know what you are looking for. This way you start to weave your own approach, which is unique to you. No one ever will trade exactly the same.

You know that a while ago I decided to go through the whole ICT mentorship on youtube, to have a "refresher" on SMC, and I realized how I completely skimmed over almost all of it when I watched it a couple of years ago (when it wasn't public yet).
 
I had learned most of the SMC from the copycats, because I did not have the patience to go over every single ICT Mentorship video (you know how he likes to ramble on and on sometimes), and now I see how it was a big mistake learning from the copycats.
 
They teach the stuff completely wrong, damn. The order block stuff, which swings to use, market structure break, etc.. They teach all completely wrong!! If you wanna study the SMC stuff, go straight to ICT. I think I even bashed him here at some point, gonna have to bite my tongue now.
 
I took the time to watch his mentorship with patience and attention and there is a lot of stuff there that the copycats don't teach and that are very important for high probability trades, like doing the correlation analysis with USDX, Bonds market, the IPDA stuff, interest rate differentials with COT report, to name a few.
 

You know that a while ago I decided to go through the whole ICT mentorship on youtube, to have a "refresher" on SMC, and I realized how I completely skimmed over almost all of it when I watched it a couple of years ago (when it wasn't public yet).
 
I had learned most of the SMC from the copycats, because I did not have the patience to go over every single ICT Mentorship video (you know how he likes to ramble on and on sometimes), and now I see how it was a big mistake learning from the copycats.
 
They teach the stuff completely wrong, damn. The order block stuff, which swings to use, market structure break, etc.. They teach all completely wrong!! If you wanna study the SMC stuff, go straight to ICT. I think I even bashed him here at some point, gonna have to bite my tongue now.
 
I took the time to watch his mentorship with patience and attention and there is a lot of stuff there that the copycats don't teach and that are very important for high probability trades, like doing the correlation analysis with USDX, Bonds market, the IPDA stuff, interest rate differentials with COT report, to name a few.
 

You know that a while ago I decided to go through the whole ICT mentorship on youtube, to have a "refresher" on SMC, and I realized how I completely skimmed over almost all of it when I watched it a couple of years ago (when it wasn't public yet).
 
I had learned most of the SMC from the copycats, because I did not have the patience to go over every single ICT Mentorship video (you know how he likes to ramble on and on sometimes), and now I see how it was a big mistake learning from the copycats.
 
They teach the stuff completely wrong, damn. The order block stuff, which swings to use, market structure break, etc.. They teach all completely wrong!! If you wanna study the SMC stuff, go straight to ICT. I think I even bashed him here at some point, gonna have to bite my tongue now.
 
I took the time to watch his mentorship with patience and attention and there is a lot of stuff there that the copycats don't teach and that are very important for high probability trades, like doing the correlation analysis with USDX, Bonds market, the IPDA stuff, interest rate differentials with COT report, to name a few.
 

You know that a while ago I decided to go through the whole ICT mentorship on youtube, to have a "refresher" on SMC, and I realized how I completely skimmed over almost all of it when I watched it a couple of years ago (when it wasn't public yet).
 
I had learned most of the SMC from the copycats, because I did not have the patience to go over every single ICT Mentorship video (you know how he likes to ramble on and on sometimes), and now I see how it was a big mistake learning from the copycats.
 
They teach the stuff completely wrong, damn. The order block stuff, which swings to use, market structure break, etc.. They teach all completely wrong!! If you wanna study the SMC stuff, go straight to ICT. I think I even bashed him here at some point, gonna have to bite my tongue now.
 
I took the time to watch his mentorship with patience and attention and there is a lot of stuff there that the copycats don't teach and that are very important for high probability trades, like doing the correlation analysis with USDX, Bonds market, the IPDA stuff, interest rate differentials with COT report, to name a few.
 

@bulak
 
I will reply your PM here: I could never make this Order Flow approach work in a consistent basis. You are wasting brainpower watching numbers that don't really help you, at least they didn't help me at all. Footrprint and DOM trading is insane stuff. I even dropped the volume analysis which I Was very into, I am trading using 100% price action nowadays using the forex master pattern approach and it's what has been working out for me.

@bulak
 
I will reply your PM here: I could never make this Order Flow approach work in a consistent basis. You are wasting brainpower watching numbers that don't really help you, at least they didn't help me at all. Footrprint and DOM trading is insane stuff. I even dropped the volume analysis which I Was very into, I am trading using 100% price action nowadays using the forex master pattern approach and it's what has been working out for me.

@bulak
 
I will reply your PM here: I could never make this Order Flow approach work in a consistent basis. You are wasting brainpower watching numbers that don't really help you, at least they didn't help me at all. Footrprint and DOM trading is insane stuff. I even dropped the volume analysis which I Was very into, I am trading using 100% price action nowadays using the forex master pattern approach and it's what has been working out for me.

hermanhess does not have a clue, must be one of those folks who can´t follow a method and blame the method, not themselves. BTMM is legit, combine that with Urban Forex and you are set.
 
If you combine the above also with smart money concepts, that will give you great insights. The problem I had with SMC was the wishful thinking relying on those order blocks to hold price to the tick, which order blocks to choose out of a gazillion that prints? Using BTMM method I see I can filter which order blocks will probably hold.
 
Combine that with the price action ninja stuff (better supply and demand concept) will also refine the methods to find high probability zones.

I have studied all this and can tell you, if you wanna use market profile effectively, stick to Peter Steidlmeyer book (Steidlmayer on Markets: Trading with Market Profile) and Tom Alexander book "Practical Applications of Market Profile", also our friend gadfly posted a couple of days ago a seminar by Tom Alexander which covers all his book and more.
 
Don´t waste your time with Dalton bulllshit.

@EminiTrader
 
I suggest that you watch Alexander Trading market profile material, he will dispel all those myths involving market/volume profile as a magical tool... There is this "cult" out there called "profile traders" who uses the market profile as a trading setup machine using all sorts of lines and standard deviations of those lines coming out of it, and this is not the correct way of using market profile.
 
First read his book called "Practical Trading Applications of Market Profile"
 
https://www.sendspace.com/file/ldd64x
 
 
 
And after you read the book, watch this seminar here which is basically his book in video format:
 
http://www.mediafire.com/?zbo5ly6gwhc09xy
 
 
This is the correct way of using the market profile / auction market principles as intended by Steidlmeyer. It is a tool that gives you a bird´s eye view of the market and situates where the market is in the auction process, it is not a trade signal generator thing, as a lot of people try to use it as.

So I stumbled upon this video by accident, and just by the title I knew it was some scam. This one is so ridiculous, a "strategy" with zero loss!! LOL
 
Ok I Watched the video, and this girl here is "trading" binary options like she is playing coin toss, and wins every single time. She loads an alligator and CCI indicators on the chart, but not even mention what she is looking at. She only goes "oh gonna open a put here", in places that do not even make sense. You have see this thing lol. What makes me mad is the absurd amount of views and subscribers she has, and a LOT, I mean A LOT of noobs in the comments praising her "trading". Imagine how many people already lost a fortune...
 
Check it out:
 
Since she is making advertisement for this Quotex binary options site, my guess is that she has a special version of the platform where she is able to replay the market, so she just memorizes where to take those "trades"
 
This is NOT trading, people.

So I stumbled upon this video by accident, and just by the title I knew it was some scam. This one is so ridiculous, a "strategy" with zero loss!! LOL
 
Ok I Watched the video, and this girl here is "trading" binary options like she is playing coin toss, and wins every single time. She loads an alligator and CCI indicators on the chart, but not even mention what she is looking at. She only goes "oh gonna open a put here", in places that do not even make sense. You have see this thing lol. What makes me mad is the absurd amount of views and subscribers she has, and a LOT, I mean A LOT of noobs in the comments praising her "trading". Imagine how many people already lost a fortune...
 
Check it out:
 
Since she is making advertisement for this Quotex binary options site, my guess is that she has a special version of the platform where she is able to replay the market, so she just memorizes where to take those "trades"
 
This is NOT trading, people.

ECN "raw spread" accounts charge commission per trade and very tight spreads, specially the most liquid markets such as EURUSD, but that is during regular active trading hours during London and NY.
 
Minor pairs are gonna have fluctuating spread, it can be very tight, or it can go to 1 pip, sometimes even 2. I don´t know about exotic, there is no reason to trade those pairs, why? There are enough pairs in the majors already, you should specialize in one or focus on only two, three tops... Don´t fool yourself thinking you can keep track of all of them. Most of the time they are kind doing the same moves, sometimes with a bit of delay or at the same time. While you are checking one, the opportunity in another is gone when you go to check that other chart, and while you are checking the other chart, then you might missed the opportunity in the chart you were just checking, and so on.