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How to trade discount levels with the ICT forex trading strategy. In this video, I will show you how to trade forex using the ICT forex strategy on discount and premium levels. Discount and premium levels in forex are levels where forex traders buy cheap in order for them to sell higher in the future at premium levels
This forex method was made known to us by the inner circle trader. The discount levels are the deepest part of the Fibonacci retracement tool and vice versa for premium levels. This is essential for every smart money forex trader because it aids in the selection of points of interest.
You’ve been lied to trading retail concepts like support and resistance, trendlines, RSIs, candle patterns, and all the other stuff I spent years unlearning and now am trying to teach to others.
We delve into why price moves to certain areas of inefficiency, and why you often get stopped out of trades without understanding it.
In the next, we’ll cover more concepts of inefficiency like imbalances, voids, and models. Do you ever wonder why you’re constantly losing money in Forex? – Your strategy, your risk management, and your understanding of the market are flawed, and it’s not your fault.
We use concepts of structure, snd-order-blocks, mitigation, imbalance, fair value, voids, inefficiency, buy/sell models, Wyckoff, and others to determine our direction and potential trades for the next month/week/day/hour/etc. based on the type of trader you want to become
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DISCLAIMER: This video expresses my personal opinion only. Trading financial markets carry high risk and may not be suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action and any trades you decide to take are your own. Practice Forex demo accounts first so that you master them correctly before trading with real money.