Fair Value Gaps

Discussion in 'Technical Analysis' started by Dollardogs, Feb 14, 2023.

  1. Sprout

    Sprout

    It would be entertaining to call him out, be forewarned, He has an army of the faithful. He's mostly doing live streams on twitter/youtube rn and claims when Nov comes he'll ghost.

    "Market Making Buy Model, Market Making Sell Model, MMxM" has a devoted following. He's developed quite a specialized vocabulary, keeps folks hooked by a continuous release of "concepts."

    I studied his works for about a year, but listened to one-too-many unhinged rants and just got full. To his credit, he can read price action and makes a fair amount of correct calls; many to-the-tick.
     
    Last edited: Jul 25, 2023
    #31     Jul 25, 2023
  2. The odds are that a tick mean reverts, so tick by tick reading is really not that special. Would guess most people could correctly guess the next tick (and have ran surveys to test). A better evaluation of a trader is their pnl.

    Maybe one day when I retire I’ll start a YouTube channel…
     
    #32     Jul 25, 2023
  3. Dollardogs

    Dollardogs

    Agreed, the ICT guy is a total kook. It seems like all he did was rename S/R etc and repackage them. I've never found much more to it than that. Tried several of his youtube videos and he takes 45 minutes to start to begin to maybe sorta make a point. Cult style hypnosis tactic?
     
    #33     Jul 25, 2023
    longandshort likes this.
  4. Dollardogs

    Dollardogs

    Funniest example is how they 'rebranded' reversals as "change of character" aka "CHOCH." I guess "COC" was already taken?

    https://forexbee.co/choch-in-trading/
     
    #34     Jul 25, 2023
  5. Sprout

    Sprout

    No, not tick by tick reading. Calling a level 1-3 days before and then the market moving to that level To-The-Tick and then reversing.

    Yes, pnl and no I have not seen his.

    As for the YT comment;
    Some of these channels are making bank. What's even more perplexing are the recent NPC streams from TikTok,.. that sh*t is wack and the best are pulling $2-4k a stream for nonsense. Pinkydoll.. gang gang, ice cream so good!

     
    Last edited: Jul 25, 2023
    #35     Jul 25, 2023
    Ironplates likes this.
  6. Sprout

    Sprout

    Yes. Babypips has a glossary of early ICT, folks can work out timestamps from there. I think his earliest posts there were circa 2010ish. Earlier stuff requires digging through a morass of Telegram Channels.
     
    Last edited: Jul 25, 2023
    #36     Jul 25, 2023
  7. tried to call him out to make good on his $5 Million offer to prove his work is not unique. he's not returning my calls.

    his material has helped me improve my own trading system and improve my own trading.

    i am curious about all these claims about the big banks being so instrumental in moving price. i'd think they would have taken all the money out of the world if that was the case.
     
    #37     Jun 4, 2024