The Break of Structure (BOS) is similar to Robert Evans' Shell Diver's Tragedy story (using the Wyckoff Method)... ~ from Gary Dayton's Chart Reading Mastery. the chart, and the Stock Market Institute (SMI)'s YouTube Channel, the drawing. You can ...

1M Price Action System

Trading is like a game of soccer. You rarely shoot for goal while you are still in your own keeper's box. Firstly you look at the Context (being near your opponent's goal post - in a shooting range) and then you go for the Signs/Signal (possibility ...

1M Price Action System

Go to H4 and look to the left and you will find the answer. It is not an ICT concept but it something that I have observed. On the Highs of the 5 and 8 May there were possible Buy stops there. On the 1 and 2 June those were absorbed. The Price ...

1M Price Action System

Damian Castilla aka Mr Pip on Projection (thrust), Depth and Momentum... video

1M Price Action System

If you go back to the Daily time-frame you will find that there was a change of behaviour in price movement (the up move is longer than the previous). This kind of change of behaviour can sometimes go with the BOS (like in this case) and sometimes ...

1M Price Action System

The brutal truth of day trading according to Richard D. Wyckoff: "Success in day trading usually results from years of painstaking effort and absolute concentration upon the subject. It requires the devotion of one's whole time and attention to - ...

The brutal truth of day trading

The point I was trying to make is not the number of traders/bankers or the majority. It can be 1 or 2 of those who influence the price to move to a certain direction at that particular time (depending on their pocket). Whether it is 1 or 2 or more ...

Flying Dutchman

I think you might have misinterpreted the idea of an algo being a computer program perhaps in some mainframe. Or perhaps those who are pushing it might be giving that kind of an idea. The algo idea is not new - Richard D. Wyckoff talked about it ...

Flying Dutchman

Is it correct to say the intent can be seen after one has observed a change in behaviour of the price movement? The change in behaviour is the widening of the depth or opposing move (compared to the similar previous wave) and it can also include the ...

Flying Dutchman

I switched back to the LTF for that possibility - looking for a change in behaviour.

1M Price Action System

Did you have a look at the HTF (H4) before considering that entry?

1M Price Action System

A very important quote. And GU is sitting at the very same position.

1M Price Action System

[ Personally I don't know what Wyckoff is, but I think that the volume is the most and only important thing we don't have. And by coincidence, only volumes data on Forex are not available [/quote] I have shared this before "You have to ask ...

The brutal truth of day trading

"If you are following a future, remember that the future is a derivative of the cash market - the equity lies in the cash market and not the future. The future will move first, however, because the main players will know in advance if the cash ...

The brutal truth of day trading

In chess we used to think that computer chess programs will never be able to play like humans because we can think irrationally at times until AI came along (back in the days I used to choose variations that were not logical to the computer just to ...

The brutal truth of day trading

It works if you get the context right.

1M Price Action System

Have a look on M1 and see where more aggressive buying started the up move that left a FV gap. Price returned to the OB.

1M Price Action System

I think go back to the older posts of this thread. We have touched the volume part. Otherwise we might find ourselves moving around in circle.

The brutal truth of day trading

I always find some Wyckoff in your analysis (as if it was taken straight from the Wyckoff books). Thanks for the analysis.

1M Price Action System

The demo plays its own part - being the primary and high school. Then after you go for the university - where life begins - and that is where one's fears and greed is tested through the live account. So I wouldn't say demo is a waste of time. Before ...

The brutal truth of day trading