THE DAILY PRICE CYCLE | Edney Pinheiro

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What is a daily cycle in trading?
Daily Cycle (DC)

The shortest Cycle which we track at The Financial Tap (although shorter Cycles exist) is the Daily Cycle, which is measured in trading days. All Cycles are measured from the low point of the Cycle to the next low point.

What is a cycle in forex?
Most successful Forex traders believe that the markets have a cycle. This cycle is the result of human behavior in the markets. As a result of this innate human behavior, trends seem to repeat in the market. If a trader can chart these trends and predict future movements, a fortune can be made!

What does ICT mean in trading?
Michael Huddleston is popularly known as the Inner Circle Trader (ICT) in forex trading.

What is an ICT order block?
What is an OB? Institutions trade using order blocks. The Order Block is a specific price range or candle where institutions will be buying or selling against the retail trend/dump money.

Is ICT trading legit?
ICT is NOT as bad as reviewers state!

I have been practicing/trading his unique concepts in the forex market for a short period of time now, and I'm impressed with how well it works. It takes A LOT of time and focus to catch a grip of everything he talks about, but the time spent will be very rewarding in the future!

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AVISO LEGAL: Eu não sou um consultor financeiro. Os vídeos em meu canal são apenas para fins educacionais. Estou apenas mostrando a vocês como eu invisto e faço day trade, mas lembre-se de que investir de qualquer tipo envolve risco. Seus investimentos são exclusivamente de sua responsabilidade e não minha.