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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

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

Ahaaaa!🙆🏽

Still in business

👉🏽🔥🚀🤾🏽

As football don tire me, I say mek I try basketball 🤾🏽693Odds
Sportybet: 9AAF3428

Kaybee7000:
Today is 6th of January na,why can't u test run it this month? Abi this month own don sup

I dey consider my mental health and stress level; I no do January own buh Feb I won turbo-charge myself with enough determination and besides a free 10k dragon challenge account dey the finish line

TFT Feb competition would be rewarding a 10k dragon challenge account to whoever that hit the 25% profit target; I go like participate so that I can test-run us30 & gold only.

Smileall:
It's only showing arbitrum network, is it the right thing?

yes it is right...click on the arbitrum network> then copy the displayed address...to paste on the already opened XAI referral link. Choose airdrop & paste the XIA-arbitrum wallet address you initially copied from binance

Cyril009:
I was trying to markup the Asian range

noticed there's a difference In the pips in the high and low on tradingview and meta trader 5 (mobile)
is this normal?

note there's a difference in timezone.
I'm GMT +1 blackbull is two hours ahead so I add 2 hours to metatrader's time

tradingview is converted automatically to my time zone.
10pm - 6am GMT +1 on tradingview is 12am - 8am GMT +3 on metatrader

is this normal ?
your thoughts 🙏🏽🤲🏾

account is a fundingpips 5k evaluation account

I dey wait for mega promo to hop on tradingview; as a wannabe ICT/dr&idr trader; I usually take mental notes of market sessions, session overlaps, macros, KZ etc. before I draw my clumsy chicken-scratch chart on Mt5..so here is wat I think is the answer to your question.
But first the time convertion this way is wrong;

tradingview is converted automatically to my time zone.
10pm - 6am GMT +1 on tradingview is 12am - 8am GMT +3 on metatrader

Mt5 for now is GMT+1 ahead of nigerian time; if we are in 2.30pm in your house clock, then your mapping shld be 3:30pm in Mt5: you don't go looking for 2:30 in your Mt5, your focus should be on 3:30 in Mt5 in synchronization to your house clock time. Since tradingview already adjusted to your local time; which is 10pm - 6am GMT +1 on tradingview, you should put both TDV & Mt5 on m5 chart for instance;


Asian Range = (10pm to 6am NGN local time which same as your tradingview) should be in sync with (Asian Range = 11:00pm to 7am on Mt5) while on your Mt5; look for the high and low within this time range and do your markups from there

We are open for ps4 & ps5 business

Eurusd was on a strong bullish push-up all thru-out London session probably bcuz of this red folder all-day news EUR German Prelim CPI m/m; I take it to imply that my ICT strategy may not go as planned.

But I knew what I was expecting and patiently waiting for, since 'm looking to go bearish today on eurusd; thus contrary to every thursday's expansion move already painting its bullish footprints on eurusd since today's market open obviously; so I targeted a HTF PD Array already formed as my poi like; yesterday's high sweep near +D FVG sibi.
I then zoomed into a 1min chart to look for a liquidity sweep n 1min MSS, jumped into its fair value gap; basically I would have held the trade to hit both TPs: but holding a SELL position on a Eur red folder news all day?🤦🏻

I don't think so; bcuz from my experience, the trade will more likely reverse to take both my StopLosses out and still continue its manipulative bullish move since its overall weekly bias is strongly bullish.

Happy new year to you all: i wish everyone all the best in their endeavors

Modified
See last pic as eurusd dump like kilode😥; we move🤕

Still waxing stronger by the day

I go soon change my DNA, carry my offsprings go implant them for another country...permanently

Do you need a ps4 slim
Version 9.0
For more business enquires,
contact on main post

Be gaming on ps4 & ps5

More ps4 games titles

Still waxing on strong

ps4 games added today

Moment of truth on NAS100. I'm expecting a sell, sell sell; see my chart attached;
Modified
Traded closed I'm getting tired as B.E wan force my hand to reset SL....buh I'm OK with dz little peanut. Too much spikes up and down already....as I can't seem to identify a proper market structure shift🤦🏻.

New ps4 games added

dmahn:
Okk.. Another topic.. I don't think there's anything like manipulation in these business, I will rather call them traps instead..It's a break of structure, yes I agree, what if its a false break.. Pls bring in your arguments

OK, why don't you try and keep trading the London session only; 7am - 11am daily perhaps manipulation might just be so unreal🤕

geedot:
people can't handle small movements in currency pairs yet without getting drawdowns, but one way or the other they think gold/us30 should be their next favorite pair worthy of trading. Go on, this business will teach them by force by fire.

what are you insinuating here? first off, there's nothing wrong with some folks trying to trade or are trading non-currency pairs. Just bcuz trading currency pairs work for you doesn't mean you have gotten everything figured out; major, minor and exotics included; from your long cryptic post; you are saying non-currency pair traders are obsessed with the euphoric inclination to trade gold/us30 and other non-currency pairs, given its speedy movement and volatility.
Are you saying non-currency traders are toying with fire and trading dangerously? Are all non-currency traders still not aware of the growing propaganda of implementing proper risk and money management in their everyday tradings.

You are ringing it loud as if folks trading only currency pairs ain't gonna ever breach their account or something; keeping drawdown at bay is how we progress in this line of work.

The goal is to make progress and upscale regardless of the kind of instruments we trade. If trading certain specific pair works for anyone, who cares. Once again the goal of every trader is to make progress in his trading journey and not the other way round.

Us oil still stuck in range-bound as it swings btw 69. 66 and 68.11 price levels...from my observation so far, WTI current RDR high level is techinically yesterday's RDR high😨 e shock me small cuz I can't frame one side of the market with dz knowing an old weekly low is yet to be taken out, even if it bulls now, it won't be for long...

Modified
Trade closed $50 added to the account, I don't want be caught inside the range, buh tomorrow is certainly thursday expansion day...should it trade up, I will definitely hold my entry position

Yessterday I was frustrated at US Oil as it was stuck on a range-bound past my dr killzone, buh today WTI aka US Oil puts a smile on mi face during the NY session...recovered yesterday loss and added some few cherry tops. Thank you ict, dr/idr & us oil🙏🏽

New ps4 games added to the list👉🏽💯✅💪🏽

We move