SUPPLY & DEMAND!!!
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Re: SUPPLY & DEMAND!!!
Wasnt trading, but im assuming i would have taken this trade for sure. Orderblock run up, followed by a huge momo down. Then you have a island reversal or spring or spike and ledge, whatever you want to call it. Creates momno down/FVG. Would have shorted it for sure.
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Re: SUPPLY & DEMAND!!!
Normally i would be looking for a reason to short GJ. But we still have 3 levels of liquidty above. So no shorts until we run them, cuz thats were price wants to go. Lets see.
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Re: SUPPLY & DEMAND!!!
Pro. Where you say h1 liquidity was taken, isnt that what ICT calls a market shift and what we wait for before we take an entry?
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Re: SUPPLY & DEMAND!!!
So in one of the videos ICT shows just using a orderblock kinda as a S/R trade. And maybe Pro called it a 2nd level buy. Looked at this one this morning. Blocked it off on the one hour. Then it formed a market shift with a FVG. Targets would have been the next FVG + fib levels. Next target could be the previous high, cuz we have liqudidty that needs to be ran at 4490. Then maybe look for shorts.
Plus a good reason for the long was that i normally would have been looking for a short, haha
Plus a good reason for the long was that i normally would have been looking for a short, haha
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Re: SUPPLY & DEMAND!!!
Gameplan for ES. Just had a huge momo move. We still have buy stops above that we could run. Then we target the FVG and then possibly look for a nice reversal. The only thing i dont like is Nas already ran the buy stops. So lets see how this plays out
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Re: SUPPLY & DEMAND!!!
2nd level sell? Then FVG on the 1 min after running those highs to the left.
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Re: SUPPLY & DEMAND!!!
No way i would have held over the weekend. But i like how the head of the QM ran the highs.
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Re: SUPPLY & DEMAND!!!
Ran the stops. Market shift. Entries might be a little far. Lets see
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prochargedmopar
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Re: SUPPLY & DEMAND!!!
Mr. Hyde wrote:Ran the stops. Market shift. Entries might be a little far. Lets see
So, how many points did you take?
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: SUPPLY & DEMAND!!!
prochargedmopar wrote:Mr. Hyde wrote:Ran the stops. Market shift. Entries might be a little far. Lets see
So, how many points did you take?
##ICT1.JPG
Think the average was like 40. Was going to hold and try to run it down. But instead threw the fib on and found a FVG at the 50 level and took my money and went home. Judging by how you marked your charts looked like i was right