ICTcadet:
TRADING IS "MORE HARDER" THAN WHAT YOU THINK !!!

Brace Up !!

omo!
I will be among the < 1%

Petah:
Please, I wan ask for a friend. He just passed the phase 1 and 2 of free 5k alpha capital prop account.
Abeg, na which payment method we go choose as Nigerians, since crypto no dey there?
Thanks for your response.

@don sheddy
@realone
@priceAction
@samfelly
Thanks bosses

Kozimcity hasn't posted in a while. Including boss gabsonfx. How you are good sirs?

ICTcadet:


Stat shows that less than 1% of "prop firms trader's" are profitable (and by profitable I don't mean making it to payout) I mean keeping the account over a year with at least 3 trades a month.

where did the Top 5% came from ?.

Well, I think some of the info given there are very useful , especially newbies and remember we don't have same knowledge of trading. You may start 5 years ago while someone may start 4 months ago, so you are not equal to that person's knowledge. Besides, I think they are referring to top 5 percent of that 1 percent of the successful traders you are referring to. It's easy to comprehend friend. That's what they were referring to in the book, not the losers.

Petah:

@don sheddy
@realone
@priceAction
@samfelly
Thanks bosses

Use Rise

www.riseworks.io

GBP tomorrow, I have a feeling it would be a mix news. GBP sometimes can value an orange news over a red news, I forecast a rebound. I would trade "Closed in" on tiny 0.01 lot, if it goes one direction - I can afford to lose $2... LoL. Rebound can be highly profitable with the most risk... I don't trade rebound.

If all USD news goes one sided, it would be very heavy (300-600+ pips). I can foresee a deflection before a direction. Too many USD news at same time. 0.01 on this.
# TESTING
AUD tonight, AUD doesn't have much effect to me, but I would post this if I am active then.

PriceActionZ:

Well, I think some of the info given there are very useful , especially newbies and remember we don't have same knowledge of trading. You may start 5 years ago while someone may start 4 months ago, so you are not equal to that person's knowledge. Besides, I think they are referring to top 5 percent of that 1 percent of the successful traders you are referring to. It's easy to comprehend friend. That's what they were referring to in the book, not the losers.

Unless they are referring to the top 5% of the %1.

You have been lied to, 96%
of "retail&Day trader's" are not
Losing money on the long run,

99% are !!

ICTcadet:


Unless they are referring to the top 5% of the %1.

Exactly my point. That's what they are talking about.

Samfellyy:


Use Rise

www.riseworks.io

THANK YOU CHIEF

Fundingpips gone for now. Broker delisted from metaquotes. something is happening around these props firm that they are not telling us.
New way of large scales scamming? Manipulations? or hatred? 😔

.

TradingGod:
thank God say you been done already know am, me I been never come across the data before o

🤣🤣🤣 ma pi mi na

Puremark:
have you hit the required percentage .

No not yet

PriceActionZ:

Exactly my point. That's what they are talking about.

Then heavy numbers of trader's are fried .

Petah:
Kozimcity hasn't posted in a while. Including boss gabsonfx. How you are good sirs?

Kozmicity dey school, and boss gabsonfx dey offshores due to work, they'll definitely show up once they are done with work. Shout out to kozmicity hope school is not too stressful, and boss gabsonfx I for one definitely miss your sagely inputs here, and also rhynoemmie it's been awhile bro, and lastly oga charly20 oOoOO, why has thou forsaken us and excomunicado us. not forgetting my personal persin, boss abham, hope your good sir

Davigled:


Kozmicity dey school, and boss gabsonfx dey offshores due to work, they'll definitely show up once they are done with work. Shout out to kozmicity hope school is not too stressful, and boss gabsonfx I for one definitely miss your sagely inputs here, and also rhynoemmie it's been awhile bro, and lastly oga charly20 oOoOO, why has thou forsaken us and excomunicado us. not forgetting my personal persin, boss abham, hope your good itsir

noted boss.

I have said it before and I'll still say it again. But in the event you're waiting for me to say it again, just remember that I have said it before.

#copied

samfelly:
I have said it before and I'll still say it again. But in the event you're waiting for me to say it again, just remember that I have said it before.

#copied

Edakun wetin you talk b4, because ah no dey class d time you dey talk am

samfelly:
I have said it before and I'll still say it again. But in the event you're waiting for me to say it again, just remember that I have said it before.

#copied

PRESIDO NO VESS, WATIN YOU TALK?

ICTcadet:

Then heavy numbers of trader's are fried .

yes oo and thats where the prop firm makes lots of money from. CEO of fundednext once said he has a record of a top trader that has made over $100K net from his firm and has not spent up to, i think $1500 in challenge buying in 6 yrs while another one in his record has spent over $150K over 6 years and yet to cash out $1k. Majority of the traders fall in the later. By the time you calculate how much you have spent over time buying props, especially active buyers, the money will run to 4-6 figures without getting anything meaniful.

What do you guys think about kot4x broker?

Lonestar124:
Pls chat me up on my WhatsApp sir...+231776975125

Sorry for the late reply, how may help you sir, pls drop your request here on the group, and I'll respond ASAP...

Oil prices dropped to a low of 76.09 from a high of 78.41 on yesterday's market. Tuesday's inflation report showed the consumer price index (CPI) rising 3.1% in January, year-over-year, up 0.3% from December and higher than expectations. That report dented the U.S. stock market on Tuesday and suggested to investors that the Fed may delay the start of interest rate cuts.

This News coming out today, Bosses in the House, what should we be Expecting??

Boss Davigled, Geovanii, Peteregwu and co, wetin una dey anticipate??

Will it be like CPI or what??

Some time around October 2023 or there about, a very notable figure who very much happens to be a retail trader here; asked me how can I tell as an ICT student, when a long rangebound market is about to break off and jet away from the muddy price range after he saw me posted a eurusd chart showing off my buy entry just when a whole lotta traders are sitting out the rangebound except for scalpers of course, lol...

To the limit of my own understanding, I brought up a BPR - balance price range excuse and that i just placed my buy at the spotted two fvgs overlapping eachother bla bla bla but after much research into some intricate ICT concepts, I get to understand the concept of the NWOG. And took some mental notes as regards to whenever we have converging NWOGs that are real close to one another, the market is gonna be real likely to consolidate and go sideways all throughout.

NWOG is the closing price on Friday (5PM NY Time) and the opening price on Sunday (6PM NY Time).

How crucial NWOG is on the chart and how powerful a single or multiple of it can be used to not only forecast when price would enter a long rangebound market but when it could most likely snap out of it and be used as an overall draw on liquidity. On the next few long notes explaining further this very ict concept I will leave you to @mindful_ICT's own words and explanation of NWOG... Happy trading y'all


Hello Fam !!

Hope you all had great weekend and now ready to take charge of the markets .

I think on Monday, it will be nice if we revisit ICTs NWOG ?

What is ICT New Week Opening Gap?

NWOG is the Sunday opening price minus the closing price on the previous week's Friday.

NWOG is a real liquidity void that reprices into it and can refer back to it weeks ago, months ago, or more.

A minimum of four new week opening gaps should be on your chart for proper perspective of large fund fair valuation.

Why Have Multiple Weeks' Worth of NWOG?

Having at least five weeks worth keeps a dynamic four-month perspective and gives you a little bit of overlap.

Referring back four weeks ago provides insight into what we've seen for this week.

Once filled, gaps are generally discarded but holding onto them allows algorithms delivering price to refer back to these price points.

Anchoring Fibonacci Levels to New Week Opening Gaps

Use Fibonacci levels anchored to Friday's closing price and Sunday's opening price.

If Sunday's opening price is lower, drag the Fibonacci down to it and anchor it there.

The 50 level represents consequent encroachment for an inefficiency or gap.

A fully dressed new week opening gap includes the high, low, and consequent crochet in the middle.

Labeling New Week Opening Gaps

Label each new week opening gap with its corresponding Sunday date for future reference.

This helps keep track of multiple gaps on a chart and makes it easier to identify them later on.

Adding Quadrants

Splitting new week opening gaps into quarters can help with analysis.

Add quadrants by finding the midpoint between the high and low of the gap, as well as between the 50 level and low/high of the gap.

Using New Week Opening Gaps as Support/Resistance Levels

Having at least four or five new week opening gaps on a chart provides a rolling 30-day look back period.

These gaps can act as support/resistance levels that indicate fair value for an asset.

Price often refers back to these levels over time.

Importance of New Week Opening Gaps

New week opening gaps indicate whether the market is range-bound or trending.

Price often gravitates back to previous week's new week opening gap as support or resistance.

It's important to keep track of new week opening gaps on your chart and use them as a template for future trades.

How to Identify New Week Opening Gaps

Place a trend line on Friday's closing price and measure the difference between that price and Sunday's opening price.

Use two approaches: "new week opening gap actual" (Friday close to Sunday open), and "new week opening gap" (Friday close to Monday open).

Having both templates allows you to see different new week opening gaps and how fair valuation is utilized throughout the weeks.

@Mindful_ICT

Petah:
What do you guys think about kot4x broker?

kot4x has been operating for long perhaps 4-5yrs now and just like sway market they are unregulated too but accept crypto deposit and withdrawal

ICTcadet:
TRADING IS "MORE HARDER" THAN YOU THINK !!!

Brace Up !!

Hmm...na to find another hustle wey go pay in addition

Petah:
What do you guys think about kot4x broker?

Run ooo. Not straight forward. You can try fusionmarkets or fp market , both Australian firm and do accept crypto too. Also swaymarkets is good but offshore.

PriceActionZ:
Fundingpips gone for now. Broker delisted from metaquotes. something is happening around these props firm that they are not telling us.
New way of large scales scamming? Manipulations? or hatred? 😔

They will be back. It is a temporary issue from their broker

They need to switch brokers and move to other platforms like ctrader etc

That is what their ceo is saying on twitter

Davigled:


No not yet

I have been disqualified for hitting max dd

.