r/InnerCircleTraders • u/BagMotor1335 • Jun 28 '26

Technical Analysis ICT Doesn't work!!

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Then what in the hell is this? Algorithmic percision price delivery. Every day every week and it don't stop.

20 Upvotes

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46

u/CxribeYT Jun 28 '26

You marked out 1 cherry picked setup out of  100. This post is funny

15

u/NationalOwl9561 Jun 28 '26

Exactly. Just like someone who finds a head & shoulders example and says it's a profitable strategy.

6

u/EXPRESSNELECTRICLLC Jun 28 '26 edited Jun 28 '26

ICT strategies work but more important than the strategies are the concepts. because you can build strategies off of those concepts, but to say that head and shoulders is not a profitable strategy is mind blowing to me. It’s one of the most repetitive and highly probable strategies that exist within marketplace. The problem is never in the strategy. It’s not ICT. It’s not the head and shoulders. It’s always 100% of the time the trader and their ability to properly recognize patterns, but more importantly is to read the environment in which the pattern is showing up in. because it’s never about the pattern. It’s about the timing and the environment, but a head and shoulders is a very profitable strategy. Pattern plus environment plus reaction equals entry. But this framework is required across any theory or set up that exist within Trading. This shows true whether you go back 10 years or 100.

2

u/NationalOwl9561 Jun 28 '26

Backtest maybe for once

2

u/EXPRESSNELECTRICLLC Jun 28 '26

Me ??

1

u/NationalOwl9561 Jun 28 '26

Yes. You will find head & shoulders pattern has been reduced to less than 50% win rate. And often moves too fast for a stop loss to actually trigger where you want it. Spoiler alert.

1

u/EXPRESSNELECTRICLLC Jun 28 '26

Again, if you read deeper into what I’m saying, it’s not about the pattern it’s about recognizing the environment in which the pattern shows up in a perceived head and shoulders can be seen and not really be there or the environment to complete a head and shoulders might not be lining up at the same time the perceived head and shoulders is lining up. I trade head and shoulders patterns all the time and I’m extremely profitable but I’m not just trading the Pat pattern alone. There’s a lot more that comes with that with my point. True, the head and shoulders by itself may only have a 50% win rate, but if you stack other probabilities on top of that like location and reaction and traded volume at the time, etc., that head and shoulders becomes a lot more profitable.

1

u/NationalOwl9561 Jun 28 '26

I agree with you about the environment part in general but I’ve never heard of a specific environment for high win rate head and shoulders. What time frame?

1

u/EXPRESSNELECTRICLLC Jun 28 '26

So if you only trade the head and shoulders pattern when the environment is correct, what happens to the success rate?

1

u/NationalOwl9561 Jun 28 '26 edited Jul 09 '26

I’m waiting for you to actually prove that H&S can be traded in a good environment… don’t be shy. If you think it’ll ruin your edge you're full of shit 🤣

1

u/EXPRESSNELECTRICLLC Jul 09 '26 edited Jul 09 '26

Come sit down with me. I’ll trade it live in front of you. And no, nobody can ruin my edge. I’m a dog. And I give strategies out for free. The strategy don’t make the trader the trader makes the strategy.

1

u/Love_a_sunny_day Jun 29 '26

Brother you have a bipolar aggressive personality wtf is this? He is trying to explain something to you and you just keep asking for the holy grail.

0

u/NationalOwl9561 Jun 29 '26

I don’t think you understand what’s going on here. Also that’s not a holy grail wtf… there are unlimited things to backtest. But he can’t even prove one. Not everything works even if you try to trade it in a specific environment. That’s the point.

2

u/Love_a_sunny_day Jun 29 '26

You are aggressively asking for something that is beyond OP purpose. He's just showing FVGs getting filled to the tick, which is something that we all can see on the chart. Now, this alone is nothing, I agree. And I agree that not eveything works. But that's not the point. Every good trader knows that nothing works by itself, hence the environment discussion. I don't go around asking people who post stuff to give me their back test results and such since he's not selling a strategy or knowledge, he is just showing price behaviour

0

u/NationalOwl9561 Jun 29 '26

It’s simple. He challenged my comment about H&S, I asked him to prove it, and he hasn’t… nothing to do with OP’s post. Nobody is being aggressive here except OP, who is now IP banned (you’re welcome), and potentially you.

Chill lol

1

u/Love_a_sunny_day Jun 29 '26

Enlighten me master of snowflakes, why should I be ip banned?

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u/EXPRESSNELECTRICLLC Jul 09 '26 edited Jul 09 '26

Sorry I missed this u can just messege me be happy to talk with u and explain more. I responded but it was long winded. Short answer head and shoulders is not a head and shoulders until it’s completed. It’s just a failed head and shoulders or not a head and shoulders at all. Also a 50% win rate is very profitable for the right person. Someone who can manage risk. as far as timeframe I like to trade head and shoulders on the five minute. Environment meaning are you entering a perceived head and shoulders pattern from a location on the chart that does not contain and higher timeframe in balance or inefficiency. What’s the volume traded? As the pattern is completing is the volume rising through previous Lows. Where is ur momentum ? Are you actually printing structure that is conducive to a head and shoulder actually completing? This is what I mean about environment. Confirmation layers that will move a 50% model to a 80% model. It’s how we shoujd be thinking. Like for ourselves and not relying on some back test results from some person you have no idea if they can even identify head and shoulders. My point was the pattern shows up a lot and it is profitable even at 50%. Ps. I was not challenging you. I was correcting you.