ICT Youtube 2020-08 Notes

===== {{id name="2020-08-07"/}}2020-08-07 - What Journals I Use and An Example Entry =====

===== {{id name="2020-08-10"/}}2020-08-10 - ICT Forex {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} Example - EurUsd =====

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Daily Chart - Day of interest marked

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Short term was bearish on that day with what looks like heading into a period of consolidation.

Questions

* can we confirm via Dxy or EurGbp cross as to what is likely to happen?

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[[image:20200810-EurUsd-1d.png]]

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15m chart - {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} sell entry

Observations:

* Previous Friday's low will act as a bearish draw towards price

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* The equal highs will act as a short term bullish draw towards price

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* {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} setup using the London opening high and the London Intraday Session Low. {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} Sell entry at the 0.62 fib. Targetting the London session low(((

(% class="min" %)

)))

[[image:20200810-EurUsd-15m.png]]

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5m chart - {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} buy entry

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Within the NY {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} session are two {{glossaryReference glossaryId="Glossary" entryId="OTE"}}OTE{{/glossaryReference}} Buy entries that are counter to the daily trend. Second one is marked on the above chart

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(% class="min" %)

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|=Entry|=Stop|=TP1|=TP2|=TP3|=drawdown|=time

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|1.17608|1.17568 (4 pips)

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|1.17624|1.17568 (5 pips)

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