πICT Elements To A Trade Setup
Chapter 1
In this series, I will cover one of the most important topics you NEED to learn as an ICT trader if you want to find success in the markets.
I'll be sharing crucial knowledge about IPDA that you missed while binge-watching ICT.
π§΅
Chapter 1
In this series, I will cover one of the most important topics you NEED to learn as an ICT trader if you want to find success in the markets.
I'll be sharing crucial knowledge about IPDA that you missed while binge-watching ICT.
π§΅
The 4 elements of a trade setup are:
1. Expansion
2. Retracement
3. Reversal
4. Consolidation
One of these will give you that Context and Framework to build a setup around based on the current
market conditions.
1. Expansion
2. Retracement
3. Reversal
4. Consolidation
One of these will give you that Context and Framework to build a setup around based on the current
market conditions.
β Expansion is paired Orderblocks
β Retracements are paired with FVG's and Imbalances
β Reversals are paired with Liquidity Pools & Stop Hunts
β Consolidation is paired with Equilibrium.
β Retracements are paired with FVG's and Imbalances
β Reversals are paired with Liquidity Pools & Stop Hunts
β Consolidation is paired with Equilibrium.
2 Key factors behind a trade setup are:
Context and Framework derived from current market conditions
Pairing that with a preference point in IOF
Context and Framework derived from current market conditions
Pairing that with a preference point in IOF
The market efficiency paradigm describes how "smart money" interprets price and influences speculative, uninformed money.
The Market is manipulated by "IPDA"
The manipulations occurs in form of the previously mentioned elements
β’ Expansion
β’ Retracement
β’ Reversal
β’ Consolidation (Accumulation)
The manipulations occurs in form of the previously mentioned elements
β’ Expansion
β’ Retracement
β’ Reversal
β’ Consolidation (Accumulation)
Expansion, Retracement, and Reversal will offer the Highest Probability of Trading.
While Consolidation brings low probability conditions
While Consolidation brings low probability conditions
Consolidation-Equilibrium
Consolidation is when price moves in a range and shows no movement higher or lower
Consolidation is paired with Equilibrium i.e. 50% of the dealing range
Consolidation is when price moves in a range and shows no movement higher or lower
Consolidation is paired with Equilibrium i.e. 50% of the dealing range
After consolidations, we can always expect an Expansion afterward.
All markets start off with a Consolidation then move into an expansion with an impulsive price swing.
All markets start off with a Consolidation then move into an expansion with an impulsive price swing.
Expansion is where price moves quickly from a level of Equilibrium
If markets start from a Consolidation, a Displacement will be used to break out of the Consolidation.
Price will then create an Order Block while breaking out of the Consolidation.
If markets start from a Consolidation, a Displacement will be used to break out of the Consolidation.
Price will then create an Order Block while breaking out of the Consolidation.
-FIN-
This will be a series I do parallelly with "Pinpointing/projecting" High and Lows of the days" series of threads
I realized I need to cover every basic as well while teaching you in-depth intricacies..
If you enjoyed and learned something new drop a retweet to spread it
This will be a series I do parallelly with "Pinpointing/projecting" High and Lows of the days" series of threads
I realized I need to cover every basic as well while teaching you in-depth intricacies..
If you enjoyed and learned something new drop a retweet to spread it
Stay tuned for a poll later today where youll vote where i take the content i have a metric fuck ton of things to share but im lazy
Special shout out to the sponsor of this thread!
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EARN UP TO 7000$ ON YOUR FIRST DEPOSIT WITH PROMOCODE: marketmaker
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Do you want to trade Forex, Indices, Commodities and Crypto?
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And actually read through the stuff i wrote you lazy fucsk
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