EURUSD Perfect Entries, Low Risk High reward, Simple trading
Simple trading ideas and rules that work, It doesn't have to get complicated.
ICT OTE 3 opportunities in this weeks movements, 3 Trades that after establishing the OTE of a HTF move could have simply been left on order.
Very little "live time" in the market needed to obtain the rewards of these 3 trades this week.
Find the successful trade set up, Study it, Repeat, Investigate, show yourself its been happening for months over, Then study the how and why of the pattern trend or action.
Key things to find out are
does this set up occur (can you make money using this technique) WHAT IS HAPPENING
what is the story behind the engineering of price in this manner? WHERE IS PRICE BEING TAKEN AND WHY
For example in this example you can clearly see price being manipulated out of a channel to reach for
higher time frame liquidity which would have had many stop losses tagged out, Price returns to the Order block, Snatches liquidity which creates momentum for the continuation.
does a low risk high reward opportunity present itself AT THE RIGHT TIME (for OTE this is within London and NY)
are the targets logical? HAS PRICE BEEN TO YOUR TARGET BEFORE? WHAT HAPPENS WHEN IT GETS THERE? for example - (has this price been a spike in volume previously, or does price dance around and range in this area?) HTF TREND IN FAVOUR? LIQUIDITY POCKETS IN THIS AREA THAT NEED TO BE COLLECTED TO CONTINUE THE HTF BIAS?
Long story short.
Find your method
study the why
then study your pair! its not all about the technique, If trading is 90 percent phycology then the study of the actual pair, that brings the same traders and characteristics has to be advantageous. This is the why!
One market and one method can replace a job, Believe that.
ICT OTE 3 opportunities in this weeks movements, 3 Trades that after establishing the OTE of a HTF move could have simply been left on order.
Very little "live time" in the market needed to obtain the rewards of these 3 trades this week.
Find the successful trade set up, Study it, Repeat, Investigate, show yourself its been happening for months over, Then study the how and why of the pattern trend or action.
Key things to find out are
does this set up occur (can you make money using this technique) WHAT IS HAPPENING
what is the story behind the engineering of price in this manner? WHERE IS PRICE BEING TAKEN AND WHY
For example in this example you can clearly see price being manipulated out of a channel to reach for
higher time frame liquidity which would have had many stop losses tagged out, Price returns to the Order block, Snatches liquidity which creates momentum for the continuation.
does a low risk high reward opportunity present itself AT THE RIGHT TIME (for OTE this is within London and NY)
are the targets logical? HAS PRICE BEEN TO YOUR TARGET BEFORE? WHAT HAPPENS WHEN IT GETS THERE? for example - (has this price been a spike in volume previously, or does price dance around and range in this area?) HTF TREND IN FAVOUR? LIQUIDITY POCKETS IN THIS AREA THAT NEED TO BE COLLECTED TO CONTINUE THE HTF BIAS?
Long story short.
Find your method
study the why
then study your pair! its not all about the technique, If trading is 90 percent phycology then the study of the actual pair, that brings the same traders and characteristics has to be advantageous. This is the why!
One market and one method can replace a job, Believe that.
Comment:
FYI the entries between Monday and Wednesday that are plotted were lower time frame entries based on smaller OTEs from recent London impulses within, This lends itself to following the over all HTF trend and looking for reasons to trade with the trend.