Trend Follower: ICT Gap Filled

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Friday, July 15, 2011

ICT Gap Filled

The Gap in ICT filled. It was rumored to be included in MSCI index last may, so the rally, then the next day, it was excluded, so the Gap.

As I mentioned before, gaps can easily be filled if there is real good news. Otherwise, it will stay there forever. I did not buy ICT, as I mentioned before, I am allergic to gaps.

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Tracer's Trading Rules

1. No Set up, No Trade

2. Plan your stops before entering a trade

3. Let you profits run

4. Never argue with the tape

5. As soon as your price move in your favor, increase you stops.

6. Always be on the look-out for danger signals.

7. In a losing streak, take a vacation.

8. In a winning streak, add more.

9. 3 rules you must always follow, 1. cut-losses, 2. cut losses and rule number 3. cut losses.

10. I do not have targets.

11. Keep Learning. The market is constantly changing. No strategy works forever.

By following these rules, you have limited risk and unlimited profit potential.

Friday, July 15, 2011

ICT Gap Filled

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