SUPPLY & DEMAND!!!

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Mr. Hyde
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Tue Mar 22, 2022 7:50 am

What do the blue lines represent Pro, in your chart. Im guessing the purple box is a FVG

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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Tue Mar 22, 2022 8:37 am

The orange line is EU price. Saw in one of ICT videos that he uses price divergence as away to predict price action. Kinda interesting.
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Mr. Hyde
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Tue Mar 22, 2022 8:44 am

We broke yesterdays low. Then we had a FVG. Aimed for the rebalance at the 50 level. Quick 2R. Now setting up a potentail QM pattern. Plus we have a QM on the 4 hour. Potential target just short of 3400 if we break the high
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Mr. Hyde
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Tue Mar 22, 2022 8:51 am

Mr. Hyde wrote:No way i would have held over the weekend. But i like how the head of the QM ran the highs.


It offered another bite of the QM apple. I had put the trade on. But it was right before Powell was supposed to talk. I knew if i took it off nothing would happen and if i left it on it would have spiked 100 pips and blew my s**t out. So i played it safe and took it off. It sucks seeing it go in my favor, but hey thats trading.
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Mr. Hyde
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Tue Mar 22, 2022 8:56 am

So i took a short on EJ yesterday. Looking at PA you can see we were in a rectangle. But what caught my eye was the move down and then that little spring at the top. Normally that little bump is a good way to get short. So i started looking for a reason to short, so i used a BZ and inside bar on the 1hr. But price just kept moving up and down. Normally i would say *censored - swear word* it and just leave it on CUZ THE REWARD IS SO HUGE IF IT REVERSE!!! But trying to break bad habits. So i took it off. Also that V in the middle of the rectangle just had me believing that it would move higher. And we did. I almost took a long this morning but didnt.
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Re: SUPPLY & DEMAND!!!

Postby Mr. Hyde » Tue Mar 22, 2022 10:07 am

So as far as I can see, a ICT breaker is just the last up or down candle in the left shoulder of a QM

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prochargedmopar
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Re: SUPPLY & DEMAND!!!

Postby prochargedmopar » Wed Mar 23, 2022 2:42 am

Mr. Hyde wrote:So as far as I can see, a ICT breaker is just the last up or down candle in the left shoulder of a QM


Think it is the candle that started the swing and broke the last high/low before reversing the other way to break market structure.
Don't get me to lying. LOL

Appears as a breakout retest to me as long as the above PA is confirmed.
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Re: SUPPLY & DEMAND!!!

Postby prochargedmopar » Wed Mar 23, 2022 2:48 am

Mr. Hyde wrote:So as far as I can see, a ICT breaker is just the last up or down candle in the left shoulder of a QM


He preaches you ONLY need a Zeroline(ob), a Gap, a Breaker, a fill in the blank.

Just like YOU only need a QM pattern.

Guess he is saying what tro says about ONE method.
Wash, rinse, repeat.
#1BODY in direction of profit #2INCREASE lot size Obsessively
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: SUPPLY & DEMAND!!!

Postby prochargedmopar » Wed Mar 23, 2022 2:52 am

Mr. Hyde wrote:The orange line is EU price. Saw in one of ICT videos that he uses price divergence as away to predict price action. Kinda interesting.


Only time I've ever looked at SMT is when he first presented it back in early 2010's ish.
Since then I just watch the vids and move along. Some people can use it with great success but I also see people in the chat go down rabbit holes that are deeper than Alice in Wonderland. :shock:

I'm sticking to BASICS.
#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

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Re: SUPPLY & DEMAND!!!

Postby aliassmith » Wed Mar 23, 2022 2:55 am

prochargedmopar wrote:
Mr. Hyde wrote:The orange line is EU price. Saw in one of ICT videos that he uses price divergence as away to predict price action. Kinda interesting.


Only time I've ever looked at SMT is when he first presented it back in early 2010's ish.
Since then I just watch the vids and move along. Some people can use it with great success but I also see people in the chat go down rabbit holes that are deeper than Alice in Wonderland. :shock:

I'm sticking to BASICS
.


Good Idea =D>
Trade Your Way as Long as It Makes Money!

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