Wiki source code of ICT YT - 2017-10-29 - ICT Pattern Recognition Drill - OTE UsdChf New York Session 102717.srt
Show last authors
| author | version | line-number | content |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 00:00:15,389 ~-~-> 00:00:33,239 | ||
| 3 | ICT: Okay, what do you see? Okay, this is an optimal trade entry short at the | ||
| 4 | point of inception. Okay, now pay no attention to that this is a market maker. | ||
| 5 | |||
| 6 | 2 | ||
| 7 | 00:00:34,019 ~-~-> 00:00:48,569 | ||
| 8 | So model Pay no attention that the ICT breaker here below comes in exactly at | ||
| 9 | 1.0011. And the high the candle for optimal trade entry comes in at 1.0011 Pay | ||
| 10 | |||
| 11 | 3 | ||
| 12 | 00:00:48,569 ~-~-> 00:01:02,009 | ||
| 13 | no attention to that. Okay? It's just coincidence. Okay, so what we're going to | ||
| 14 | do is, I want you to focus primarily on this swing high in this low, okay, | ||
| 15 | |||
| 16 | 4 | ||
| 17 | 00:01:02,039 ~-~-> 00:01:03,269 | ||
| 18 | that's going to frame the set up. | ||
| 19 | |||
| 20 | 5 | ||
| 21 | 00:01:09,690 ~-~-> 00:01:22,980 | ||
| 22 | Okay, here's our setup. During the New York, ICT kill zone. Here's your entry | ||
| 23 | optimal trade entry, your risk is the high and your first scaling is the old | ||
| 24 | |||
| 25 | 6 | ||
| 26 | 00:01:22,980 ~-~-> 00:01:36,690 | ||
| 27 | low. Then you have target one, which is hit here. And ultimately target two for | ||
| 28 | a nice little handsome swissy trade. Now, if you were to miss this setup, and | ||
| 29 | |||
| 30 | 7 | ||
| 31 | 00:01:36,810 ~-~-> 00:01:45,360 | ||
| 32 | say you missed this ideal entry right in here, okay, you could have gotten in on | ||
| 33 | this retest of it right here. Okay, so if you missed this one, the problem it | ||
| 34 | |||
| 35 | 8 | ||
| 36 | 00:01:45,360 ~-~-> 00:01:56,790 | ||
| 37 | gave me no chance to get in here in the same parameter had been used for scaling | ||
| 38 | out. Okay, real simple, nice approach to using price action and stick to the | ||
| 39 | |||
| 40 | 9 | ||
| 41 | 00:01:56,790 ~-~-> 00:02:04,290 | ||
| 42 | rules. If you miss your entry, it might give you another opportunity. If it | ||
| 43 | doesn't, no problem because you're going to take the next setup Don't try to | ||
| 44 | |||
| 45 | 10 | ||
| 46 | 00:02:04,590 ~-~-> 00:02:15,180 | ||
| 47 | force yourself into taking every single trade or chasing price. Let it come to | ||
| 48 | you know in advance what you want to be doing. And then trade accordingly. | ||
| 49 | |||
| 50 | 11 | ||
| 51 | 00:02:16,740 ~-~-> 00:02:23,670 | ||
| 52 | Alright, so this is going to be it for this example real short and sweet and | ||
| 53 | this one must be swissy for October 27 2017 |