All of ICT teachings revolve around the understanding of IPDA. The Interbank Price Delivery Algorithm that makes price move.
In order to reach profitability we as traders need to understand how this algorithm works.
A thread 🧵
In order to reach profitability we as traders need to understand how this algorithm works.
A thread 🧵
Price moves always begin with consolidation, and as ICT teaches, there is a sequence in how price changes its market profile.
Take a look at the image below.
Take a look at the image below.
A consolidation is always followed by an expansion.
If you aren't sure what is a consolidation, read below the necessary details to understand this market behavior.
This is how a consolidation looks. It is basically when the price becomes rangy and not trendy.
If you don't know what is an expansion, then read below.
This is how an expansion looks. Notice it has a very obvious trend.
An expansion can be followed by a retracement.
This is what a retracement looks like. When price fills a FVG after a structure break, that move is considered a retracement.
And finally, the reversal. Which is when price changes its trend and goes in the opposite direction.
We provide many services to the ICT Trading community. All the details can be found here:
ictprivatementorship.com
We can provide access to all the private videos with their Study Guide, all the private forum discussions, a discord full of curated clips & charter study notes.
ictprivatementorship.com
We can provide access to all the private videos with their Study Guide, all the private forum discussions, a discord full of curated clips & charter study notes.
Loading suggestions...