Again interesting to compare some different date ranges here, Obviously NQ has traded higher overall these last few months (hence larger 🟢 day %'s and smaller 🔴 day %'s in the 3 month report) Nonetheless, in the past 3 months ~88% of days have closed bullish when the first 1h is green (9:30-10:30)** **Relative to the 9:30 open Compare that to a 1 year lookback where the odds are ~73% for that case. Not a huge gap between the two but certainly worth keeping an eye on it when the short term reports are showing such high probabilities

Interesting to compare short vs long-term lookbacks with the Performance by Weekday report The upper charts show NQ's average performance by day of the week, with a 6 month lookback - ranging from 0.48%-0.77% The bottom charts have a 5 year lookback - ranging from 0.8%-0.98% *Keep in mind I'm using RTH here (9:30am-4pm) Both reports can be useful in their own right, but if I'm trading intraday for example then I surely want to keep an eye on shorter dated reports to observe shifts in volatility, and thus how I might want to adjust my expectations (this can also be capture by something like ADR) Obviously a sudden change in volatility might barely be noticeable in a 5y report by comparison - for example, if you take the lower end of the ranges for each report (0.48% vs 0.8%), that's nearly a 2x difference Quite the discrepancy if you're using data like this to frame an expected range, which is why it's good to be mindful of the report length and what suits your style

What's nice about the ICT opening retracement report is that it's extremely customizable Here I pulled up the retracement probabilities of the 6:00 am open on NQ (1y lookback) during RTH (9:30-4:00 ET) But everything about this report can be tweaked: - the session that the retracement should occur - the opening time used (default is 12am) - whether to use the open price or another OHLC value Not to mention the ability to filter by weekday or retracement size as well Lots of flexibility, which means a lot of ways to collect data for your own specific implementations

@edgeful will be hosting a live stream in the Phantom community discord going over all of the exciting features of their most recent up! Join us on February 13! You won’t want to miss it!

The new website dashboard with @edgeful is too clean! Everything you need at a click of a button. Go check out the opening week range report. Here we are looking at $TSLa in the last year. After Monday and Tuesday has traded. If we break the high or low set from the first two days of the week very rarely do we come back and break the opposite side. This can help with nice swing positions to end the week. Last week we took out the lows and continued falling. Simple is better.

Not every setup works. There is no holy grail trading system. We took out the previous days highs on $BTC but we did not get any follow through. There is no secret indicator or system when trading discretionally. Focus on a repeatable process. This is why I love using @edgeful in my trading. I keep it simple and use their data to make my decisions.

New YouTube video is up! @edgeful trade recap on the power of the Initial Balance and how I use it. 🔗👇

ICT Daily Bias Made Easy (@edgeful 70% Accuracy)