Inner Circle Trader's Pro Traders Club 2012 - 2013 Series

Here are my reasons - 2013 Jan 22 Volume Spike

Sorry I can’t maintain my site and post a full analysis and on here at the same time.

I’ll be posting on Twitter, or do you Tweet on Twitter?

https://twitter.com/PPF_Forex

Hi PP, are you using the MT4 Volume indicator?

Perfect analysis although i dont use Volume :wink:

Yes on IBFX, except I use my own colourful take on it, just to highlight the trading zones easier.

Indicators

Yes - in retrospect a Short at the beginning of LOKZ on a TS was a “no brainer”, except my brain was stalking a Long, so missed that big pip haul.

Have taken first TP 30 pips
Final TP 13380

PP, I just can’t see this, the volume increase always seems after the event to me, could you explain a bit more please.

I’m still thinking of the T-Rex during the AS.

Suspect that Fiber may go a lot higher, although I’ll be all out at 13380 due to my other suspicion of a Z Day

It’s the amount of change, a spike, it will always be subjective as everything else, but it’s anything that stands out really.


i would say that you are not far wrong - compare the 2 Asain Sessions - the fibre and Us 10YR price - remember they usually act inverted.

notice the sharp rise in the 10yr WHILE fibre also was rising - this divergence very often indicates a false move, often I’ve seen that the bond market is right.

Also notice the doji on the 10yr up at the asian high later on, guess what time that is - 9.00 -9.15 gmt,
Now check the 9.15 candle on mt4 on fibre - checking my feed in my live a/c - that fibre action was 15mins later.

There were 2 heads up this morning from the 10 yr divergence - the first after AS that the fibre rise was judas and the second was at 9.00 LO that the fall had reached an end.

Yes Sir :smiley:

OK. Thanks I will keep watching.

Well, this was decent, closed out remaining position @ 75 pips.

Its days like these that really illustrate the importance of using a tight SL to achieve big reward to risk.

Trading today:

15 pip SL @ 2% risk.

50% closed @ 30 pips, giving me 2% return.
50% closed @ 75 pips, giving me a further 5% return.

I think we’re going to continue up, but Im sure we’ll get another opportunity to get Long :slight_smile:

Is it just me took Cable long?

Im with you :slight_smile:

Does not t market structure is Bullish in 4hr/dly USDX? So, what’s make foreign currency go up? Even ICT also expecting a bullish move in fiber! Can anyone post the dollar index analysis please? Which part am missing?



imgur: the simple image sharer

Awesome!!! Glad I’m not the only one who is reaping the rewards today :slight_smile:
Daily chart is already oversold… We shall see where this is heading…

Looking for the correction after the topside break for leg 2. Weekly Low printed???
Caught the ITL daily swing low right shoulder, missed it by a few pips on the low :slight_smile:
Closed out to reset on the correction if NY takes it back down…


From Philippines I see…Glad to see another Filipino Trader here.

I am born and raise in Bulacan :slight_smile:

Cool, not from PI lol, I am US Navy Retired living in Dau. My wife grew up in Bulacan.