We track institutional money, which means that before we move on, we need to know what moves the market-not the moves of retail traders-but rather the major moves. ICT stands for "INNER CIRCLE TRADER." Now, who are the traders in your inner circle? Large corporations, large investors, and central banks. Because they move the market with their large pockets, they are referred to as inner circle traders.
For instance, these financial institutions can place a trade worth approximately $2 billion; Warren Buffet lost $2 billion in one trade in 2014.
You can learn how to spot where central banks place their trades and how they use interest rates and their large pockets to set traps for the retail universe through information and communication technology (ICT).We are referring to you, me, and other small forex market investors as the retail universe. Therefore, you will learn how to avoid falling prey to price manipulation or market maker
traps starting today. One of the greatest traders, Michael J. Huddleson, introduced ICT. He has 25 years of trading experience and is one of the best.
We analyze the market structure and environment of the asset class in which we choose to speculate using the concept of institutional order flow. Prior to relying
on the principles of "traditional technical analysis," we must first ascertain who would gain from such a price shift. We will discuss some of the ideas that Michael used in these books and how I personally use them to make money trading.
Accept yourself right now, as I am not promising miracles but only consistency and discipline. What is required in the forex industry is consistency. With good risk management skills, you are on the right track when you consistently trade because you will know what you are doing, not fear losing, and not be greedy and blow accounts. Before going live, get close to your charts and begin practicing
what I'm about to teach you on a demo account.