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Rezumat la discursul lui Powell de astΔzi β¬οΈ
β€ 1
πΊπΈ SUMMARY OF FED CHAIR POWELL'S COMMENTS (5/14/24):
1. "Overall a good picture looking at US economic data"
2. Inflation was notable in Q1 for the lack of further progress
3. Housing inflation has been a bit of a puzzle for the Fed
4. Restrictive policy may take longer than expected to lower inflation
5. Unlikely the Fed's next move will be an interest rate hike
6. "Credibility is everything for central banks"
π 3
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How to SUCCEED WITH ICT
π‘ 1. Keep it Simple
The BEST WAY TO FAIL WITH ICT
Is to trade complex methods, take the concepts that resonate with you and focus on 1 model
π‘ 2. Focus on your personality
When you trade against your personality, you're definitely going to blow your account. Using SMC won't save you either
π‘ 3. Dis-regard the Algo cult
Look let's be real. If you knew the "SeCrET" algo to Forex, why aren't you worth millions? The truth is there is no 100%-win rate strategy and anyone promising you that is lying to you. You wouldn't even be reading this thread if it was true.
π‘ 4. Concepts DOESNT = STRATEGY
A real strategy has Data, a watchlist, a set of rule. Understand ICT teaches concepts to build strategies but not a set strategy with data.
π‘ 5. Focus on Psychology
Many failing ICT students disregard trading psychology all together and worship charts that are fruitless , charts dont mean ANYTHING if you cant execute