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

[newbabyfxx]

Does anyone know if the video (The ICT Swing Trading Method: View Video ) is of no audio explains or it was something wrong to have the sound? Thanks in advance!

[PureMuscle]

Guys, I asked ICT in an email about this and I thought I would post it on here also. We have had a run up the last 2 weeks ending in a short term high form. But, the COT data for the last 2 weeks has been increasing. I ask myself "SELF "why would the commercials still be taking long positions while the market is making new highs? Well if I am wrong so be it. I am am not revising this post. They know something we don't. Yes they trade large amounts of cash an with no margin to worry about because they know where the market is going. Whey would the commercials increase these positions and run up the market to lose money. I don't think so. If what has happened to be true then for them to make money the previous low has to be taken out or the net long contracts will have to be held for a couple of years so they can profit. I do not think the later is the case. They want our a$$ out of the market as well as the large speculators. So, if I am wrong ICT please explain this to everyone.

I don't think you should attach so much importance to the COT data that you end up trading solely based on what the commercials are doing. There have been so very many indications that the market was in for a buy programme, and even if the market does go back down eventually, why not just capitalize on what is happening right here and now? I'm sure if you wait awhile, it will all be revealed

[PureMuscle]

Does anyone know if the video (The ICT Swing Trading Method: View Video ) is of no audio explains or it was something wrong to have the sound? Thanks in advance!

The video has no audio - ICT gave us the silent treatment so that we would use our own minds to figure out the background behind what he does in the video

[Caver]

I am not attaching too much importance on the COT data. I will take what set ups the Market gives me. But, everyone seems that the market is going to breakout. It may, but I would like ICT to answer this simple question. I am trying to appeal to common sense right now. If you were a commercial would you increase your net long positions and not realize a profit just to fake or faint to the left when you are going right.

[georgewhite]

I am not attaching too much importance on the COT data. I will take what set ups the Market gives me. But, everyone seems that the market is going to breakout. It may, but I would like ICT to answer this simple question. I am trying to appeal to common sense right now. If you were a commercial would you increase your net long positions and not realize a profit just to fake or faint to the left when you are going right.

hi caver

this is ict's recommended very insightful book on COT,,,
was reading it,,didnt finished it completely,,,but i tell u, u ll get a complete picture of how it works,,,,but it was a while ago and somewhat better understanding sorta evaporated so cant help u with yr question,,,but there might b margin for anomalies like in everything else...

http://www.amazon.com/Trade-Stocks-C.../dp/0471741256

[NinjaTrader]

Cable short
Entry: .5706
Exit: .5650
+56 Pips

Cable long
Entry: .5647
Exit: .5720
+73 Pips


On my charts I usually draw a blue line where I think that price is going that day ... I called the low within 3 pips!!...
Every day that goes by my understanding of price action grows by leaps and bounds...It's kinda weird I don't really even remember how I found this thread (almost like I was brought here) but I'm glad I did...reading all the posts in the thread watching all of ICT's videos has really begun to unlock my understanding of price action...and there are still more videos to be released !!...when ICT decides to quit torturing us.....

This coming month I think is going to be a interesting month for a lot of us...Buckle up it's going to be a fun ride !!!

[Caver]

Georgewhite,
Thanks for the information. I will look into that book. But if ICT can still comment that would be great.

[InnerCircleTrader]

I will answer this and a few others I received via email... in the this weekend's Video Review.

Georgewhite,
Thanks for the information. I will look into that book. But if ICT can still comment that would be great.

[InnerCircleTrader]

I have inverted the Fiber and compared it to the USDX [Us Dollar Index]

This should make it "easy" to spot the USDX SMT Divergence I teach and trade... now grab your charts kids and dig in...

[PureMuscle]

I have inverted the Fiber and compared it to the USDX [Us Dollar Index]

This should make it "easy" to spot the USDX SMT Divergence I teach and trade... now grab your charts kids and dig in...

Awesome!