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Last modified by Drunk Monkey on 2021-06-10 10:04
From version 1.1
edited by Drunk Monkey
on 2020-11-20 16:23
Change comment: There is no comment for this version
To version 2.1
edited by Drunk Monkey
on 2021-06-10 10:04
Change comment: There is no comment for this version

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2 -00:00:10,950 ~-~-> 00:00:13,890
3 -ICT: Welcome back, folks, this is video number 12 in our
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2 +|1 |00:00:10,950 ~-~-> 00:00:19,890 |ICT: Welcome back, folks, this is video number 12 in our continuing series of 20 videos for the ICT optimal trade entry pattern recognition series. Alright,
3 +|2 |00:00:19,890 ~-~-> 00:00:31,650 |today's example is a commodity futures. And it's a Mexican peso. So we already have our chart trained on the five minute and take a look at what you see here.
4 +|3 |00:00:31,710 ~-~-> 00:00:49,050 |Before I put the annotations on. Pause the video. Okay, so what are annotations and here's yesterday's high, Thursdays daily high. And during the New York
5 +|4 |00:00:49,050 ~-~-> 00:01:01,650 |session, we have an optimal trade entry in here and you can see one half standard deviation. One full standard deviation takes us above Thursday's daily
6 +|5 |00:01:01,650 ~-~-> 00:01:11,640 |high. Why don't have to is a little too rich for today. But that's okay. The model that I'm teaching is simply looking at Iran above previous day's high or
7 +|6 |00:01:11,640 ~-~-> 00:01:28,050 |below previous day's low. And you can see that there is a 47 PIP opportunity here and a four to one reward to risk. So not a bad little trade. You might want
8 +|7 |00:01:28,050 ~-~-> 00:01:39,330 |to take a look at the Canadian dollar today in your own study. And there was an opportunity for a continuation on the dollar CAD. It gave me an optimal trade
9 +|8 |00:01:39,330 ~-~-> 00:01:46,680 |entry today in the New York session. So I'll leave that for your own personal study and homework. And I'll talk to you next weekend. I wish you good luck and
10 +|9 |00:01:46,680 ~-~-> 00:01:47,190 |good trading
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6 -00:00:13,890 ~-~-> 00:00:17,190
7 -continuing series of 20 videos for the ICT optimal trade
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10 -00:00:17,190 ~-~-> 00:00:20,580
11 -entry pattern recognition series. Alright, today's example
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14 -00:00:20,580 ~-~-> 00:00:26,670
15 -is a commodity futures. And it's the Mexican peso. So we
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18 -00:00:26,670 ~-~-> 00:00:30,660
19 -already have our chart trained on the five minute and take a
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23 -look at what you see here before I put the annotations on.
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27 -Pause the video. Okay, so we'll add our annotations and
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30 -00:00:42,600 ~-~-> 00:00:48,150
31 -here's yesterday's high, Thursdays daily high. And during
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34 -00:00:48,150 ~-~-> 00:00:53,190
35 -the New York session, we have an optimal trade entry in here
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38 -00:00:53,220 ~-~-> 00:00:58,770
39 -and you'd see one half standard deviation. One full standard
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42 -00:00:58,770 ~-~-> 00:01:03,330
43 -deviation takes us above Thursday's daily high. And why
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47 -don't have to is a little too rich for today. But that's
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50 -00:01:05,490 ~-~-> 00:01:09,780
51 -okay. The model that I'm teaching is simply looking at Iran
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54 -00:01:09,840 ~-~-> 00:01:14,700
55 -above previous day's high or below previous day's low. And
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58 -00:01:14,760 ~-~-> 00:01:21,510
59 -you can see that there is a 47 PIP opportunity here and a
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63 -four to one reward to risk. So not a bad little trade. You
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67 -might want to take a look at the Canadian dollar today in
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71 -your own study, and there was an opportunity for a
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74 -00:01:34,710 ~-~-> 00:01:39,330
75 -continuation on the dollar CAD. It gave me an optimal trade
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79 -entry today in the New York session. So I'll leave that for
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83 -your own personal study and homework, and I'll talk to you
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86 -00:01:45,120 ~-~-> 00:01:47,190
87 -next weekend. I wish you good luck and good trading.