I love this book everyday a bit more.
My most used „tools“ while reading price action, helps me to stay patient. 🤷♂️
Not the cleanest #MMxM from NY AM session today $ES
But I took some things into account we learned the last couple of weeks from @I_Am_The_ICT Mentorship 2023 so far. Still lots of things to learn but step by step…
Mellow Market - @TradingView Chart color scheme
Introducing the Mellow Market @TradingView color scheme - a soothing and eye-strain free palette perfect for charts. With the help of AI, I created a beautiful combination of colors that enhance readability and reduce fatigue. Mellow Market is a calm and soothing color scheme for charts, designed to prevent eye strain. The light grey background is complemented by soft, relaxing shades of green for upclose/bullish candles and a harmonious tone of red for downclose/bearish candles.
From todays @I_Am_The_ICT live stream
“Implied FVG” - 1min $NQ
Large Bodies, measure the wicks between a large body candle to get C.E. of both wicks/tails that “engulf” that large body candle.
You have to watch it and take your own notes, pretty crazy :)
You can clearly see, the rare occurence when the unicorn appears where price is supported! That’s it’s called the 🦄 model (BRK + FVG) $ES 5min Example ;-)
Finished reading: The New Trading for a Living by Alexander Elder 📚
Recommended reading, I liked the first few chapters about psychology and risk management. I skipped the technical indicator section because that’s not what I trade or like to trade.
I found the first few chapters extremely helpful and and I pulled out more value compared to Trading In the Zone from Mark Douglas.
So if you are searching for a trading related book that covers psychology in trading and risk management I can recommend it.
Had fun with MindMaps this weekend and the @I_Am_The_ICT Bridge Builder video. I love MindMaps and used them years ago very successful, so trying to implement them more in my learning process.
If you search for a Futures Prop-Firm (no CFD) have a look at APEX.
This promo is interesting because 50% is also valid for recurring months (eval). No time limit. Trade Copiers allowed.
Code: IZUCSMVN
$ES Entry Model Long 1min…
Can’t be unseen, once it’s burned in.
5 min & 1min chart on #TradingView
