One of the most popular trading philosophies out there today is the ICT method. Short for Inner Circle Trader, and utilized by many in traders nowadays, this style of trading is mainly based on price action and incorporates little to no use of trend following or momentum indicators.In this teaching, we’ll go over the basic concepts of the ICT methodology so that you can begin to understand how to utilize it in your trading. Key ICT Concepts The ICT trading methodology consists of some key concepts that every trader must know in order to take advantage of trading in this style. In the sections below, we’ll discuss the key takeaways as well as show how to utilize some of these concepts. Liquidity Liquidity is the first, and arguably the most important concept within the ICT trading methodology. There are two types of liquidity; Buy-side and sell-side. Buy-side liquidity represents a level on the chart where short sellers will have their stop-loss positioned. Sell-side liquidity is just t
BELOW IS THE AUDUSD SETUP, BEFORE AND AFTER, REASON FOR THE TRADE WAS THE QUASIMODO LEVEL EURCAD MAKING LOWER LOWS, COMPRESSION AND FINALY TO FORM A DOUBLE BOTTOM.BEFORE AND AFTER SETUP EURUSD - drop from a base and drop again , quasimodo level, before and after setup GOLD or XAUUSD We had a quasimodo Level in which market makers were going to touch before they go down . Before and after setup NZDUSD , Reason for the trade is quasimodo Level USDJPY - Reason for the trade compression towards the FTB ( First time back) Level Quasimodo Level , it a pattern almost like a head and shoulders, but in this case we consider 1 shoulder and the head. Trade the markets with confidence and “Beat the Market Makers” FREE COURSE you can download below How to pinpoint the highs and lows of the day – get the inside edge to recognize the profitable trends. Find out the exact times to avoid trading at all costs – save your trading accounts from a heart-breaking “crash and burn”.