Do you want ME to help YOU with your trading? Learn my proven Volume Profile & Order Flow trading strategies! Get my proprietary indicators and start making progress. We even set the indicators up for you so you can hit the ground running TODAY! Start Learning to Trade Now! Video Transcript: All right, good morning. This is David from Trader Dale, and I’m going to show you a trade that we took on Monday, October 19th. That’s one of my favorite trade setups. It’s basically what you may know as Accumulation, Manipulation, and Distribution (AMD). ICT may call it the Power of Three, or whatever they call it. We’re looking for a specific pattern. First of all, these are the pre-market levels from Monday. The market opens somewhere near here. What I do in the morning is mark all my pre-market levels. Here, I have the London high, which is already marked by a tool. On this day, I also had relative equal highs up here, which I think are great draws on liquidity. So, I had two really good b...
Video Transcript Now, one of the biggest mistakes I made when I started trading was this. I was trading, but I wasn’t recording anything. I only looked at the final result, profit or loss. But if you don’t know why you won or why you lost, you cannot improve. You cannot fine-tune your strategy. You’re just guessing, right? When I was testing new strategies in the past, I did it all wrong. I only watched the equity curve, and if it went up, then, yeah, it was great. If it went down, I threw the strategy away. But this is what I realized later. Many strategies fail not because they are bad, but because we don’t understand their strengths and weaknesses. Maybe the strategy works great on EUR/USD , but not on indices. Maybe it does well on Wednesdays and Thursdays for some reason, but performs terribly on Mondays. Maybe it needs a different time frame. Maybe one small filter could turn it from mediocre to profitable. But the only way to discover that is with a proper trading journal, real ...