ProchargedMopar's Trading Trilogy

[prochargedmopar]

Simplify.

Short below upper line.
Alias said a close above a candle is a Zline.
Yes, closes matter.
Long above up bar.
Big down bar close below something, but not the buy level....short in middle for 1 line.


#aj4.JPG

Why the angry face after quoting me?
Also as a caveat, just because you see a zline doesn't mean you trade the zline. I sure MO said that. I also agree. There can be qualifiers such as other bias indications.

Is there a bullish/bearish sentiment.
Are you currently in a liquidity zone ...supply/demand
Are you actually trading the H4 chart but entering on the 15M.

Is was suppose to be mischievous, not angry.
I thought I'd throw in your statement from the other thread.
I use ONE closed candle a lot. Felt it was a perfect example of what you were saying.

Dude, it held and gave what TRO would call "opportunity". Hahahaha

[prochargedmopar]

Haven't watched yet but let's see what he's got for the masses.

Index teaching with live trades.

[BambinoFlex]

Haven't watched yet but let's see what he's got for the masses.

Index teaching with live trades.

You’re a better alert than YouTube is at notifying me about new ICT videos lol

[prochargedmopar]

I'm pretty sure ICT is about to teach the lower circle price run.
Maybe the upper circle.
We'll have to wait and SEE.

##ICT.JPG

Yup,
Lower circle price run.

[BambinoFlex]

Haven't watched yet but let's see what he's got for the masses.

Index teaching with live trades.

Pro, here's what I understood from this video.
1. Using weekly idea/bias or in his words "is it more likely to go lower or go higher".
2. In the example, it was bearish. Zoom in to daily chart to see a consolidation and then zoom in further and target "old lows or an imbalance or 50% range"

#2 is where it got "complicated." I followed but it seems, as alias put it, he was reinventing the wheel. Using an imbalance as an entry on smaller tf vs a rat zone trade? I haven't found anything better than a rat trade entry...On his example, a rat trade idea would have worked and gotten a better price.
- - - -
I enjoyed the video but it just feels like a whole lotta steps were added. He says "back test" but what good will that do, other than helping you mark up your charts.

Looking right, and using Kreslik lingo, it would be

"trade the illusion" = Current Weekly Candle.

"Enter at a pointy area" = Using the daily chart, sell when price makes a new daily/weekly high if the illusion is to go lower.

"Look left and target a previous low." = Essentially an old low. In his example, he mentions targeting daily or weekly lows but shows the swings created on the 2min tf.

What's your take?

[prochargedmopar]

Haven't watched yet but let's see what he's got for the masses.

Index teaching with live trades.

Pro, here's what I understood from this video.
1. Using weekly idea/bias or in his words "is it more likely to go lower or go higher".
2. In the example, it was bearish. Zoom in to daily chart to see a consolidation and then zoom in further and target "old lows or an imbalance or 50% range"

#2 is where it got "complicated." I followed but it seems, as alias put it, he was reinventing the wheel. Using an imbalance as an entry on smaller tf vs a rat zone trade? I haven't found anything better than a rat trade entry...On his example, a rat trade idea would have worked and gotten a better price.
- - - -
I enjoyed the video but it just feels like a whole lotta steps were added. He says "back test" but what good will that do, other than helping you mark up your charts.

Looking right, and using Kreslik lingo, it would be

"trade the illusion" = Current Weekly Candle.

"Enter at a pointy area" = Using the daily chart, sell when price makes a new daily/weekly high if the illusion is to go lower.

"Look left and target a previous low." = Essentially an old low. In his example, he mentions targeting daily or weekly lows but shows the swings created on the 2min tf.

What's your take?

Well,
That's a deep subject. LOL

A rat zone trade you are taking a breakout when price is moving in your favor.
That in itself is late to the party. ZERO time. Could be early, too early. Could be late if you like to pick reversals to the pip.
But, late to the party when you still have 5hrs to go can be a looooooooong night.
He does show the breakout trade if your to scared to take the up bar into the gap.

There are many things behind what he is showing that he is not saying.
This trade is "safe". Stop is small and price usually moves in your favor quickly and with great distance.
If you only want to take one trade a day and be able to HOLD, which of those shown in circles would you like to take?
Which would you use the most leverage on?
Chick in group made 800+221 in 4 days. That's a lot of pips/ticks.

Hey, I can be a smart a$$ anywhere on the chart but waiting for this setup would seem to give most traders more confidence.
There is a ZL hit at the very top, Blue arrow. Let's take that!!!
What If you take it and then it pulls back and makes ANOTHER run for the highs, oops, STOPPED OUT, now lets wait for next rat entry.
The problem with the "Rat zone".
You can wait all day for it to stop making new highs/lows.... LOL
Then when it does you'll punch out for 3-5 pips like TRO. hahahaha (OR ME?)

The blue boxes are very important.
When you look back at charts and see a gap after a 123. All it takes is a little wick/tail into it and it's gone.

This is ONE of many many models this dude has to trade. Mind boggling actually.
Be better to teach his students 2 or 3 and let it ride.
But then they wouldn't think they got their money's worth. Better to flounder for years and feel like you got all you could out of every red cent for the Mentorship. LOL

I think I spent a few months back testing JUST The gap on aj and eu when he introduced them in a certain context a few years ago.
There is something that makes em more powerful The setup shown is ONE of those things.
I'm sure he'll get into more of it.

##ICT1.JPG (66.12 KiB) Viewed 1237 times

[prochargedmopar]

M5 example EU on a Friday which will not give good runs most days.

Same thing happened London open too.
Ran lows, ran highs (2nd run of highs is the one that had gap up/gap down, then wicked it for entry).
1st run of highs London consolidated before gap run.
A very simple model:

##ICT1.JPG (130.86 KiB) Viewed 1223 times

[BambinoFlex]

Haven't watched yet but let's see what he's got for the masses.

Index teaching with live trades.

Pro, here's what I understood from this video.
1. Using weekly idea/bias or in his words "is it more likely to go lower or go higher".
2. In the example, it was bearish. Zoom in to daily chart to see a consolidation and then zoom in further and target "old lows or an imbalance or 50% range"

#2 is where it got "complicated." I followed but it seems, as alias put it, he was reinventing the wheel. Using an imbalance as an entry on smaller tf vs a rat zone trade? I haven't found anything better than a rat trade entry...On his example, a rat trade idea would have worked and gotten a better price.
- - - -
I enjoyed the video but it just feels like a whole lotta steps were added. He says "back test" but what good will that do, other than helping you mark up your charts.

Looking right, and using Kreslik lingo, it would be

"trade the illusion" = Current Weekly Candle.

"Enter at a pointy area" = Using the daily chart, sell when price makes a new daily/weekly high if the illusion is to go lower.

"Look left and target a previous low." = Essentially an old low. In his example, he mentions targeting daily or weekly lows but shows the swings created on the 2min tf.

What's your take?

Well,
That's a deep subject. LOL

A rat zone trade you are taking a breakout when price is moving in your favor.
That in itself is late to the party. ZERO time. Could be early, too early. Could be late if you like to pick reversals to the pip.
But, late to the party when you still have 5hrs to go can be a looooooooong night.
He does show the breakout trade if your to scared to take the up bar into the gap.

There are many things behind what he is showing that he is not saying.
This trade is "safe". Stop is small and price usually moves in your favor quickly and with great distance.
If you only want to take one trade a day and be able to HOLD, which of those shown in circles would you like to take?
Which would you use the most leverage on?
Chick in group made 800+221 in 4 days. That's a lot of pips/ticks.

Hey, I can be a smart a$$ anywhere on the chart but waiting for this setup would seem to give most traders more confidence.
There is a ZL hit at the very top, Blue arrow. Let's take that!!!
What If you take it and then it pulls back and makes ANOTHER run for the highs, oops, STOPPED OUT, now lets wait for next rat entry.
The problem with the "Rat zone".
You can wait all day for it to stop making new highs/lows.... LOL
Then when it does you'll punch out for 3-5 pips like TRO. hahahaha (OR ME?)

The blue boxes are very important.
When you look back at charts and see a gap after a 123. All it takes is a little wick/tail into it and it's gone.

This is ONE of many many models this dude has to trade. Mind boggling actually.
Be better to teach his students 2 or 3 and let it ride.
But then they wouldn't think they got their money's worth. Better to flounder for years and feel like you got all you could out of every red cent for the Mentorship. LOL

I think I spent a few months back testing JUST The gap on aj and eu when he introduced them in a certain context a few years ago.
There is something that makes em more powerful The setup shown is ONE of those things.
I'm sure he'll get into more of it.

##ICT1.JPG

For me, the rat trade, if done within the levels he's referring to, is a "price turn" idea. I implement it on the hourly candles during Asia, few hours before London. If implemented during NY, it's more of a reversal play. If done before the expansion, it's a "trend" play. By trend meaning you can catch a large majority of the daily range. Reason I "trust" the rate trade is because the edge is that most candles, if they break a previous low, tend to not create an outside bar, where the high is broken.

I'll check out the imbalance, was trying to make it work a few months ago but using hourly rate entry during before the expansion was what I adopted.

[aliassmith]

Pro, here's what I understood from this video.
1. Using weekly idea/bias or in his words "is it more likely to go lower or go higher".
2. In the example, it was bearish. Zoom in to daily chart to see a consolidation and then zoom in further and target "old lows or an imbalance or 50% range"

#2 is where it got "complicated." I followed but it seems, as alias put it, he was reinventing the wheel. Using an imbalance as an entry on smaller tf vs a rat zone trade? I haven't found anything better than a rat trade entry...On his example, a rat trade idea would have worked and gotten a better price.
- - - -
I enjoyed the video but it just feels like a whole lotta steps were added. He says "back test" but what good will that do, other than helping you mark up your charts.

Looking right, and using Kreslik lingo, it would be

"trade the illusion" = Current Weekly Candle.

"Enter at a pointy area" = Using the daily chart, sell when price makes a new daily/weekly high if the illusion is to go lower.

"Look left and target a previous low." = Essentially an old low. In his example, he mentions targeting daily or weekly lows but shows the swings created on the 2min tf.

What's your take?

Well,
That's a deep subject. LOL

A rat zone trade you are taking a breakout when price is moving in your favor.
That in itself is late to the party. ZERO time. Could be early, too early. Could be late if you like to pick reversals to the pip.
But, late to the party when you still have 5hrs to go can be a looooooooong night.
He does show the breakout trade if your to scared to take the up bar into the gap.

There are many things behind what he is showing that he is not saying.
This trade is "safe". Stop is small and price usually moves in your favor quickly and with great distance.
If you only want to take one trade a day and be able to HOLD, which of those shown in circles would you like to take?
Which would you use the most leverage on?
Chick in group made 800+221 in 4 days. That's a lot of pips/ticks.

Hey, I can be a smart a$$ anywhere on the chart but waiting for this setup would seem to give most traders more confidence.
There is a ZL hit at the very top, Blue arrow. Let's take that!!!
What If you take it and then it pulls back and makes ANOTHER run for the highs, oops, STOPPED OUT, now lets wait for next rat entry.
The problem with the "Rat zone".
You can wait all day for it to stop making new highs/lows.... LOL
Then when it does you'll punch out for 3-5 pips like TRO. hahahaha (OR ME?)

The blue boxes are very important.
When you look back at charts and see a gap after a 123. All it takes is a little wick/tail into it and it's gone.

This is ONE of many many models this dude has to trade. Mind boggling actually.
Be better to teach his students 2 or 3 and let it ride.
But then they wouldn't think they got their money's worth. Better to flounder for years and feel like you got all you could out of every red cent for the Mentorship. LOL

I think I spent a few months back testing JUST The gap on aj and eu when he introduced them in a certain context a few years ago.
There is something that makes em more powerful The setup shown is ONE of those things.
I'm sure he'll get into more of it.

##ICT1.JPG

For me, the rat trade, if done within the levels he's referring to, is a "price turn" idea. I implement it on the hourly candles during Asia, few hours before London. If implemented during NY, it's more of a reversal play. If done before the expansion, it's a "trend" play. By trend meaning you can catch a large majority of the daily range. Reason I "trust" the rate trade is because the edge is that most candles, if they break a previous low, tend to not create an outside bar, where the high is broken.

I'll check out the imbalance, was trying to make it work a few months ago but using hourly rate entry during before the expansion was what I adopted.

Those high tech graphics are leading edge
I would do turns like that on the 5M if it was in a H1 liquidity zone

[BambinoFlex]

@alias yup! I consider those turns as necessary elements of what people call price action. You can’t have price reverse unless you get candles closing in the opposite direction. When done with an idea of the time, it can be a good tactic