What is ICT Killzone?
Inspired by the work of ICT (Inner Circle Trader - @ICT_MHuddleston) What are ICT KillZones: All ICT students know that certain moments of the day are more indicated to search for good frameworks. These moments are indicated like "Kill Zones".
ICT stands for Inner Circle Trader who is a forex guru named Michael J Huddleston, who was VP (Patrick Victor) mentor.
What is a “Kill Zone”? To put it very simply; the price action kill zone is a high probability zone for price action traders to hunt for price action trades in a certain direction.
The idea is, the market makers will rally or sell price, normally just above or below the Asian session high or low (depending on institutional order flow bias) tricking buyers or sellers into the market to follow its direction. As the Judas swing high or low...
ICT is NOT as bad as reviewers state!
I have been practicing/trading his unique concepts in the forex market for a short period of time now, and I'm impressed with how well it works. It takes A LOT of time and focus to catch a grip of everything he talks about, but the time spent will be very rewarding in the future!
ICT Trading Strategy Backtest : High Profits (ICT Mentorship) - YouTube
The Sniper trading strategy breaks some of the Price Action principles in some way. It is designed for short, 5-minute intervals within a day with a short range of profit for one trade, so the strategy can be referred to as scalping in a way.
Sniper Entry Strategy - Forex Trading - YouTube
The term market maker refers to a firm or individual who actively quotes two-sided markets in a particular security, providing bids and offers (known as asks) along with the market size of each. Market makers provide liquidity and depth to markets and profit from the difference in the bid-ask spread.
The Turtle Soup trading strategy delivers what its author, Linda Bradford-Raschke, set out to create: a strategy based on a trend-following approach but which only trades on false break-outs (i.e. when it appears the trend has changed) and short-term reversals.
What is SMT divergence?
The smart money tool (SMT) divergence is used by traders to determine if the trend is getting stronger or weaker, which may lead to a shift in the market sentiment. If we compare Bitcoin (BTC) and Ethereum (ETH), we can notice that one is stronger and the other one is weaker.
Fair Value Gap (Experimental)
Fair value gaps can be a very useful concept in price action trading. They detect instances in which there are inefficiencies, or imbalances, in the market. In this case, we define imbalance as an instance in which buying and selling is not equal.
Anthony Amicucci - Co-Founder - ICT, LLC [International Commodity Traders] | LinkedIn.
#1 - George Soros
George Soros is the world's best currency trader. Born in 1930, the Hungarian trader is known for his 1992 short trade on Great Britain Pound (GBP). He sold short $10 billion and netted more than a billion dollars.
ICT INSTITUTIONAL ORDER BLOCK THEORY. What is an OB? Institutions trade using order blocks. The Order Block is a specific price range or candle where institutions will be buying or selling against the retail trend/dump money.
Each school selects 4 ICT Mentors and each mentor will coach two teachers to become effective users of ICT for learning and teaching. The ICT Mentor Programme is implemented over 5 phases, from 2010 to 2012 with the ICT Mentors being trained and supported for a one-year period. good ideas and practices.
Smart money is capital placed in the market by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money also refers to the force that influences and moves financial markets, often led by the actions of central banks.
A market maker is the one who continuously buys and sells a currency at an openly quoted price in the OTC market. By doing so, a market maker acts as a counter-party to most of the trades made by retail traders. To put it simpler, whenever a retail trader buys a currency, the market maker sells, and vice versa.
