Doctor - Trader - Turtle soup/CRT inventor - Mentor of your Mentor.
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Dec 26, 2023 • 4 tweets • 1 min read
Dumb money vs smart money.
A proper 🧵:
It’s not a pattern, it’s sound logic.
Dec 23, 2023 • 81 tweets • 30 min read
Mega-thread highlighting the trading year of 2023.
Take your cup of coffee and enjoy the masterpieces below:
🧵
Apr 11, 2023 • 5 tweets • 2 min read
🎬 Paid groups/services:
1- Are they good or bad?
A- Depends who is hosting them, they could be a waste of time and money; or they could be the best thing you did with the $ of the fees (ICT had a paid group).
2- Are they a scam?
A- Depends who is hosting them.
3- Are paid group leaders so shit at trading that they need an additional source of income?
A- Depends.
There can be an excellent trader who has emotional issues leading to bad trade management. He can use his price reading skills as an additional source of income.
(2/3)
Mar 1, 2023 • 4 tweets • 1 min read
I admire low frequency traders more than pure scalpers, it takes a level of conviction and sticking to your guns.
Will filter out many "false " market structure shifts.
Feb 25, 2023 • 7 tweets • 2 min read
• That's why the C.E is important.
Once price breaks through a breaker it's a true sign of weakness/strength.
• And that's why FVGS are included in the main mechanics of price:
"Price moves only to do two things; Attack a high/low, or rebalance an imbalance. (Liquidity pool)"
The chart is a time machine,
When you backtest... live in the moment you are backtesting.
Do this in two phases:
(1/2)
1- Ask yourself what would you have/not done? Where would you have placed your stoploss? When partial? Would a sharp retracement scare you away? 2- After you're honest with yourself; start lying to yourself that you had seen this and that, and managed it in so and so manner.
Feb 22, 2023 • 5 tweets • 1 min read
Like any other school of analysis, whether it be Wycoff, Gann, Elliot, Harmonic, Supply and demand, classical price action, ..etc
ICT simply sat down and observed how price moved, and in addition to his "retail" knowledge; he refined it more than any other school of thought;imo.
There is no secret algorithm which he coded.
Lol.
That's either his mental way of coping with all the trauma he went through on his path to discover the truth behind the candlesticks;
Or it's his way of branding his hard work.
Either way he's not wrong.
Feb 22, 2023 • 4 tweets • 2 min read
Utilising HTF pd arrays to catch expansions; that's where you'll find proper LRLRs.
• Approach HTF pd array (no touch)
>
• False bottom (bottoms in Carl, sell your wife and long)
>
• Dig DEEP into htf pd array (scare Carl away, accumulate longs, turtle soup, FALSE BREAKDOWN)
>
• Expansion.
Feb 21, 2023 • 5 tweets • 1 min read
Marrying a bias will hurt you in two ways:
1- You will lose money, but that's the easy part. 2- It will cloud your judgement for the foreseeable future depending on how attached you were to it.
Listen to the market.
The market does whatever the fook it wants.
A Fine detail on number 2:
If you were really motionally attached to a bearish bias... & the market turned out to be bullish; you may feel like the market still might come back to your original idea and go lower = you will be afraid of turning bullish and following the market.
Feb 18, 2023 • 5 tweets • 2 min read
• OTE
• TSxM
• Hoc/Loc
• MMxM
• SMT
• Brk
And so on...
They are all encapsulated inside the OHLC > OLHC.
TIME, is a factor that has been affecting candles since they were first invented, and shall affect them as long as they exist.
Which market? A Candle is a candle.
Take a closer look..
Feb 17, 2023 • 6 tweets • 1 min read
I was a very talented person since I was a young kid;
My brother (1 year older) used to tell me that I was gifted.. I should try and make my talents even better than they already were; I used to dismiss him telling him he's nobody to give advice to me cuz I'm better than him.
This applied to a number of areas in our lives at the time (hobbies & interests we shared)
He kept working hard while I was on cruise control cuz I "didn't need to improve"
Fast forward a couple of years; and he is literally one of the best people in the WORLD at what he does.
Feb 16, 2023 • 4 tweets • 1 min read
Do you remember what it was like to not be able to ride a bicycle?
Do you remember what it was like to not be able to drive a car?
A motorcycle?
Me neither.
That's the feeling you get; once you see what cannot be unseen.
You know why?
Because you're tapping into the basic human instinct of pattern recognition.
• I see gazelle > I use spear > spear hits and kills gazelle > I eat.
No spear hit = no food.
• I see pattern > I press button > trade works > I make money.
Wrong pattern = no food.
Feb 15, 2023 • 7 tweets • 1 min read
At the specific times mentioned, you will look for a turtle soup scalp to form.
• 10-30 pips every day in fx
• 5-20 handles every day in futures
That's the model.
Timeframes used:
• 1d, 4h, 1h for pd array.
• m15 for structure.
• m5, m1 for entry.
Feb 4, 2023 • 5 tweets • 1 min read
Breakers prevent fvgs from getting filled in.
When you're bullish and you see a breaker and an fvg below it, anticipate the fvg to be left open.
You think someone who delved as deeply as he did won't think about the number of candles from an important top to an important bottom?
The number of candles a correction takes?
Common sense.
That tweet was for bitcoin^
Jan 29, 2023 • 5 tweets • 1 min read
Work on your model everyday, to make it better.
What is it?
When does it occur?
How does it occur?
Where does it occur?
I'm not saying don't trade any other model,
But your model... the one that jumps out at you from the chart as soon as you look at it.
That one.
That's the one that needs to be sharpened everyday, you have to know it inside out.
You can have the ability to trade 10 other models and strategies..
But that ONE model is yours.
You built it.
You know it like the back of your hand.
Jan 28, 2023 • 4 tweets • 1 min read
The terms "London" " New york" ..etc are just fancying up terms of already existing candle open and close timings.
They have existed every since the beginning of the 18th Century.
As long as candlesticks and charts exist,
The so called "algorithm" will never change.
As to the question that plagues beginners: when shall the markets "finish" and stop "working"?
Nobody knows.
• Rule number 1 of financial markets: anything is possible;
Oil went to Zero.
The so called "Satoshi"'s shitcoin went up 500 million times.
A+ 
