What Every New & Or Aspiring Forex Trader... Still Wants To Know

[LearninToPimpPips]

I see we need a bit more to stimulate "Effective" study huh?

What did the market do today?
What was the Asian Range in the Fiber and Cable?
See ANYTHING?

I think you are looking for something "new" to pop off the charts and it is presenting a "Mental Block" for you.
I simply have taken you to a specific time of the day to look for what I have shared with you thus far.

For Clint's inquiry, I will walk you though that example Christmas Night in a Video... for now refer to your notes and what we have covered in the Asian Range module.

What is everyone thinking on the Fiber and Cable this week? It went where last week? Public Traders are trying to board the Train... and if they are buying Southbound Tickets... how will the Banks take them on a ride... but to the cleaners?

Think about your tools... it's there and we haven't changed gears too much yet.

Today for example...



First fractal formed was the 02:00 hourly candle for a new fractal low. The fractal was established in the direction of market flow (up). We are within last weeks range, and below the midpoint.. BUT...in no mans land. Price was also above the pivot and the pivot was providing support. Also noting that no hourly candles closes breached a pivot level (It appears quite often that a pivot level provides support/resistance without a breaching in the asian range. It appears LO/NYO respects that direction depending on if the GMT pivot level provides support or resistance. during the asian. IE...LO will break it...but respect it later as S or R.)

Price Zooms up...opposite the first fractal formed in asian. consistent with market flow (market flow was up...fractal low in asian was established higher than prior fractal low). we are within the TT range. and at a support level the gmt pivot..

Only thing off with today and the correlations I've drawn is the OTE formed during 06:00 GMT and not after 07:00GMT...but hey...everyday isn't perfect.

ICT...am I anywhere close?

Still coming up with correlations and using the tools...but I would have caught some massive move days with this...not 100% of course. But clearly profitable.

[TalonD]

I see last night's Asia session in the buy zone of TT, yesterday's consolidation whipsawing too. And if all the street money is onboard south then we know which way it's going to go... but when? I also see something that almost looks like an OTE...
Is the Williams AD going to play a part? just a glance at that and it seems to mirror price like all oscillators do.

I see we need a bit more to stimulate "Effective" study huh?

What did the market do today?
What was the Asian Range in the Fiber and Cable?
See ANYTHING?

I think you are looking for something "new" to pop off the charts and it is presenting a "Mental Block" for you.
I simply have taken you to a specific time of the day to look for what I have shared with you thus far.

For Clint's inquiry, I will walk you though that example Christmas Night in a Video... for now refer to your notes and what we have covered in the Asian Range module.

What is everyone thinking on the Fiber and Cable this week? It went where last week? Public Traders are trying to board the Train... and if they are buying Southbound Tickets... how will the Banks take them on a ride... but to the cleaners?

Think about your tools... it's there and we haven't changed gears too much yet.

[LearninToPimpPips]

I don't know anything about the TT yet...waiting for the christmas video about this topic...

It's featured in one of the August PTC videos. 8/14 I think.

[LearninToPimpPips]

I see last night's Asia session in the buy zone of TT, yesterday's consolidation whipsawing too. And if all the street money is onboard south then we know which way it's going to go... but when? I also see something that almost looks like an OTE...
Is the Williams AD going to play a part? just a glance at that and it seems to mirror price like all oscillators do.

I did load Williams A/D indicator on my chart. Sunday...ICT asked about a strange indicator with a true range and the williams A/D indicator. I thought that might play into this since we all know we are strings on a violin and ICT is our fiddler making us dance and do mental gymnasitcs looking for things in plain sight that everyone has an opportunity to see...but no one notices.

[Flying Rhino]

It's featured in one of the August PTC videos. 8/14 I think.

Thanx for that hint. Currently i'm in april with the PTC videos, so still a bit to go...

[fxnumerouno]

Hey guys,

I'll think I'll try my luck too on the topic of the behaviour of the asian range. I'll use Clint's pic for explaination



Here's what I see:

EDIT: Took a look at that pic, I think I could have got the times wrong. This could actually be only the asian range which I declared as London Trades.

We know that SM is likely to trap the Street Money. So on 1 price moved down till the asian session, where it began to raise. Stops of Asianrange high was blown and provided an OTE for LO short. Street Money thought Asian is moving it up, trend up day! Trapped!

On 2 price was down the whole day. Price consolidated in asian and shot up after it, signaling an upmove trend reversal but the it moved down again. Trapped!

On 3 prive moved down as said. It went higher into the zone and began a move down in the zone into an OTE, providing the signal to go long. Street money would like to follow down on the strong asian move, thinking price went up to trade down and .. Trapped!

On 4 it was up, consolidated in the zone and after that it moved down and gave an oppurtunity to go long. TRAPPED! Again the counter direction after the marked zone.

On 5 price went down into the zone and kept going down. And you guess it. Same scenario as the ones before. Countered and trapped.


So basically I would look at how the price is moving into the zone and in the zone.

If it's moving in up into the zone and down in the zone, it's going to be an upday. And vice versa.

If it's moving up into the zone and consolidates and after that moves down, it's going to be an upday. And vice versa.

Like if it consolidates in the zone and moves strong in a direction after it, don't thrust it.
If it moves in a direction in the zone, don't thrust it.


I hope you get the idea I had And I hope that I'm not completly wrong hehe And these are just my thought without taking higher TF analysis in.





And for the 2012 targets:
I will not limit myself by a weekly goal. But the recent time changed my tradingstyle and psych that I only trade real good setups and prespotted setups. If it happens like I expected it, I'll trade it. It doesn't matter if I'm up 1200 pips. BUT I won't sit down in front of my charts and think "Okay, it's LO, I'm here, I've got time. Where's my entry point and it which direction should I trade?" anylonger. I did this too often and made a fast decision, which was eventually wrong. I've got the templates, the hints, the "manuals" of ICT and I want to trade them and only them! Nothing else I think I see at my charts right at the moment, I want to see setups before they occur and be ready to trade them. I've already managed to trade profitable and I hope I'm able to keep it up with a higher amount of cash on the table. More cash means like I already stated earlier that I'll start with 2000€ and increase If I'm up at the end of the month by 500€. This is my plan, I think I'll post my results If I have enough time to trade when I start my day job in mid february.


greetings

[InnerCircleTrader]

Think about where the open and close appear on the daily ranges on volatile days...
Think about the cycle we learned about open to close relationships in "bullish" conditions...
How can we utilize this in conjunction with the insights we learned last night?

Think folks...

[PerchTird]

Just got home - and just marking the open of the day with a horizontal trend line - extending about 8 hrs - - running through - there is high there is low for the day - within that period - - :_)

So I was coming back here to find the statements about and the indi for the first five hours and asian range - and asian module-

you guys shouldn't be teaching all this during 'normal' work hours - -now I gotta spend all night trying to catch up- aarrhg

[Flying Rhino]

Just got home - and just marking the open of the day with a horizontal trend line - extending about 8 hrs - - running through - there is high there is low for the day - within that period - - :_)

So I was coming back here to find the statements about and the indi for the first five hours and asian range - and asian module-

you guys shouldn't be teaching all this during 'normal' work hours - -now I gotta spend all night trying to catch up- aarrhg

Lol...my time is GMT+1 so its midnight here...not normal work time for most people...

[PIPhanger]

Think about where the open and close appear on the daily ranges on volatile days...
Think about the cycle we learned about open to close relationships in "bullish" conditions...
How can we utilize this in conjunction with the insights we learned last night?

Think folks...

Open and close are at extremes on volatile days...
Open is at or near the low of the day and close is at or near the high of the day in bullish conditions...

Price broke the high of the asian range to trip dumb money's longs and then pulled back into the asian range to scare them off...this gave us the smart money an OTE near the low of the day...which then took off like a rocket...

This was formed in the TT buy zone and at the pivots CPP which can be either buy or sell zone...

This all happened after the higher time frame market flow bias was turned bullish on the 16th...

What do you think ICT...?