Risar
130 posts

Risar
@Risar06
20 y/o Indian 🇮🇳 everyday is a new learning
Katılım Nisan 2024
37 Takip Edilen18 Takipçiler

ICT Wisdom🔥
The Opening Range goes from 9:30 to 10:30am (NY Time)
In the first 60mins the market tends to create the high or low of the day relative to the True Day Range.
- It can be in the form of a run on stops or rebalance an imbalance.
- The CME Open brings volatility and at 10am we get the next 4H candle open.
These first 60 mins are the time of day with the highest volume and the most trading opportunities.
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@fx4_living He taught this during 2024 mentorship ,as you said "good reminder".
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Nyse has become only a mean reversion session for indices. ICT traders are getting slaughtered because their main focus is expansion. If you hold more than 1:1-1:2 max you are cooked.
My suggestion. Wait on a sweep of one side of the range then look for price to go back into the range and take 1:1 then close your computer for the day.
Or choose another pair that’s expanding. People will tell you this is how the market is supposed to be. I don’t agree with it but that’s how it is for the unforeseeable future.
This was the market last year this time compared to now. It’s night and day difference. We were never taught to trade 1:1 rr as an ICT trader but my previous experience lets me know what type of market this is. Adjust or quit trading until we go back to expansion.


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@Hydra_Thahmid Well I was in that too ended up break even after es created bearish smt
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