Davigled:


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

Puremark:
I have been disqualified for hitting max dd

Lonestar124:
na private something bro, I think you are one of honest person here I can trust with that...

DCroc:
One trade a day keeps DD away

Geovanni412:


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

RKTexpert:
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

Davigled:


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

Petah:
PRESIDO NO VESS, WATIN YOU TALK?

Ko easy

Peterfx01:
The news is bullish for usdxxx
And bearish for xxxusd

PIPSMARSHALL:
Stay away from the news. Like its extreme gambling

LincolnOnyeabor:
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??

Geovanni412:


Not trading the news on any acct

But to me,

I think it is bearish for usdchf and bullish for eurusd and the likes

I am making this evaluation based on the bearish structure on 4h so far today on usdchf and the lack of consolidation heading into the news.

HeatSeeker:


Very extreme stuff. If today is just gonna be as wild as Tuesday, I will just sit on the sidelines and watch

PIPSMARSHALL:


Market is full of surprises during news

Davigled:


but bossmi if you also look at news from other economies from Japan to even UK this morning you see that other economies are much weaker than the US economy and even their economic data has been reflecting The weakness of their economy so this naturally lend strength to the US economy should retail sales come out stronger

EASYLIFE4US:
See deflection see wayo things

Geovanni412:


Chief, how did it go?

I don't trade news. My data was based on the charts

Hope you weren't stopped out.

EASYLIFE4US:
Which way market go go now hmmm

Davigled:


Na up down be dat oooo, better to just wait for tomorrow sef

Davigled:
US30 tends to rally on strong retail sales and falls on bad retail sales. it's looking like it may drop...

ScarsAreStars:
my third attempt on selling gold.

sl 2009


tp 1978

EASYLIFE4US:

Trade at your own risk
Na demo ooo no go enter live