Notes
- In this lecture, Michael discusses his OSOK trade from September 6, 2024.
- Lunch macro starts at 11:30 a.m. and ends at 1:30 p.m. (EST).
- During the lunch macro, the price makes some form of retracement against the prevailing movement of the AM session.
- Important PD arrays form during the first 30 minutes after the start of the AM session (9:30 a.m.) and PM session (1:30 p.m.).
- According to Michael, Candle Range Theory (CRT) is bullshit.
- The name for the Turlte Soup setup comes from the book Street Smarts: High Probability Short-Term Trading Strategies. It refers to Linda Raschke’s stop-hunt strategy, which targets so-called “turtle” traders.
- According to Michael’s observation, women outperform men in trading. They are more focused, effective, and avoid unnecessary distractions.
- We should not begin with ICT concepts if we are not ready to commit to the long learning process.
NQ OSOK Trade Example - Daily Chart
NQ OSOK Trade Example - Turtle Soup And Real FVG
NQ OSOK Trade Example - Hourly Chart
NQ OSOK Trade Example - Balanced Price Range
NQ OSOK Trade Example - 15-Minute Chart
NQ OSOK Trade Example - Closing Prices Respect Daily FVG On 15-Minute Chart
NQ OSOK Trade Example - Closing Prices Respect Daily FVG On 5-Minute Chart
NQ OSOK Trade Example - Market Maker Sell Model
NQ OSOK Trade Example - First And Second Stage Of Re-Distribution
NQ OSOK Trade Example - Trade Executions
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