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Version 1.1 by Drunk Monkey on 2020-12-09 05:25
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3 ICT: Okay, folks, this is going to be an example of the euro dollar. day trade.
4 This is a London close kill zone. Here's the optimal trade entry levels I'm
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8 targeting, and the retracement inside the range. You'll learn these things in
9 tutorials, but I'm just focusing primarily on examples shown with the
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13 information thus far. Alright, so we have our stop being set. I'm gonna go a
14 little bit above there. Okay, and I want to show you that the target one level
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18 is right around that 117 25 level. And then if I get a runner, if you go down to
19 that level here, but I want to get out a little bit early, so that'd be my, my
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23 final portion be taken off there.
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27 Okay, so I'm going to be drawing your attention down until a little bit closer
28 perspective. And I want you to look at price action like this and train yourself
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32 to see these types of moves. And don't be afraid of selling right into that.
33 Okay, it looks bullish right now, it looks crazy looks like you know, it's a
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37 break in market structure. A lot of folks that use my information, they'll say
38 that this is probably one of those optimal trade entry buys, in fact, as a
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42 scalp, it would be, but you got to know what it's most likely going to do. And
43 what's really gonna be targeting, the algorithm will want to reprice and go to a
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47 specific, larger liquidity pool. Okay, and I'm going to make note of that in a
48 moment here. But for now, look at what price looks like right there. Okay,
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52 that's what it looks like. As a short, it does not feel like a short when you
53 watch it like this, it does not feel safe to be selling that it looks like it
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57 wants to run up and go right for my stop loss. You got to trust the fact that
58 when the market does these intraday retracements, in the higher timeframe daily
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62 chart is implying it wants to go lower, it's going to do what seek the stops, or
63 the movement towards the daily lows. I'm highlighting that here. And I'm telling
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67 you where it's going to be reaching for us as a self stops. So this is a simple
68 little ICT, London, close kill zone trade, you don't see too many of those. But
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72 the second set up just happen to form late in the New York session, and then
73 close time period. So I'm already positioned. And admittedly, I'm recording this
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77 and it's been compressed at a very high rate of speed, for playback purposes,
78 otherwise, it'd be very long video. So it made me very tired during this, okay,
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82 I keep going back and forth to the charts. And I'm closing my eyes, kind of like
83 you do when you're driving tired, you know, you shouldn't be doing it. But I was
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87 closing my eyes tell myself, I'm going to not off if I keep doing this. But keep
88 doing it, keep doing it. And I'm watching that sell stop area. Okay, and I'm
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92 thinking, if it trades down to that level, hopefully I'll see price print at
93 117 25. I'll collapse a portion off, I'll take one lot off as you can see me
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97 doing that. almost fell asleep there. Okay, now I have it set again. And then
98 it's not off. Absolutely not off. And when I come back to the chart, this is
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102 what happens. If I run down below it, I missed the real good opportunity. So I
103 scaled off one. And you can see that I'm going to go and actually go into the
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107 account history, you can see go be applied to the chart after adjustment stop.
108 And I'll go over and try to hopefully see if I'm finesse another portion of the
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112 trade off. But it doesn't do that. And my stop stays where it's at now. And it
113 doesn't give me another opportunity to do anything better than what you saw me
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117 exit with. So it does go down to where I was calling for in the charts. You see
118 they're perfectly 10 pips below the core institutional price of 1735. Okay, and
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122 beautiful, beautiful symmetry for that intraday price swing. Now as a day trade.
123 It wasn't as precise as I would like it to be because life got in the way.
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127 Fatigue got in the way. And I took a portion off here just to protect myself
128 from getting a full stop out at the remaining balance and you can see that here
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132 so funded myself a little bit more. I was hoping it would roll over a little bit
133 more didn't do it. So I have to be proactive and take something off and pay the
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137 position. And ultimately it comes up and stops me out on the last portion and I
138 could be angry I could be in disappointed spend the rest of the day complaining
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142 about it and you be upset or I can say, You know what? The trade panned out,
143 like I liked to have seen. I was able to execute on it, take something
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147 profitable. And with that, I wish you good luck and good trading.