RTO
Rentokil Initial plc
stockNYSEADR

When people ask me, I always advise them not to study ICT. And if they decide to pursue it anyway, I warn them that their chances of succeeding are well below 1%. Generally speaking, I always tell people that trading is not a good idea for 99% of people. In my case, what I did was isolate a single setup, the H4 order block traded on the M5 timeframe. That's why I deliberately focused exclusively on H4 order blocks on this post. I found them extremely simple and effective. The only downside is that you have to wait for an qualified H4 order block to form (not any OB, but a qualified one), then for the displacement, and finally for the RTO. That whole process can take weeks. However, if you're scanning multiple assets, you might be able to find a few setups each week. It's the same I shared above. I think it's one of the most simple and effective setups and it does not come from studying ICT, but from my own research. On the other hand, I have a slightly different opinion about ICT. I've studied dozens of different trading methodologies over the years, and I sincerely haven't found anything quite like ICT's methodology, including Wyckoff, Elliott Waves, supply and demand, classical chart patterns, japanese candlesticks, harmonic trading and others that I have even forgot their names. Some of the terminology may be similar, but the methodology itself is fundamentally different. I don't know every trading method out there, but I've studied a lot of them, and I've never come across anything that made me think, "Hey, ICT copied this." Please correct me if I'm wrong.

I think H4 poves ICT right quite easily. I think this is his most simple and one of the oldest classic setups from the ICT. Before all the 2022 methodology etc. The eyes on the RTO effect after a turtle soup produced a displacement. Do you guess where is going price now? Which lows is going to break? If you break the chart down to the m5 timeframe you will find a lot of interesting ideas. The problem with ICT is that it is extremely complex. https://preview.redd.it/cd8azsovt70i1.png?width=3642&format=png&auto=webp&s=7c3a66ed200ab9903e5e60517b4d5a37bfcb6e06

Yeah we tried to unionize in 2023, and they immediately announced the entire company, which was comprised of 90% remote workers, a RTO mandate that had to be carried out in 60 days. Illegal shit. Theyre gonna lose their ass in court probably, waiting on the judgement at the end of the year.