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

Fiber outperforming the Cable
significant divergence
waiting to see what transpires LOKZ


I am using fractal and stochastic indicator on a 4 hr. Chartā€¦when I went longā€¦ yes, we shall seeā€¦

Sorry for not posting snapshot on my chartā€¦

Oh Iā€™m having a love hate relationship with Volumes, elements of VSA are appearing to be more useful in the context of ICT, if anyone else is using volumes, - Iā€™m looking at the last Doji on 1Hr on EURUSD with a volume spike as a confirmation to go short, in conjunction with S/R, Turtle Soup Asian and OTE.

to stand infront of a train or not stand infront of a train that is the questionā€¦

65 Pips, thank you fiber <3

Yes, 80 PIPS and counting, and thus I conclude I love Volumes.

The thing is though, where you use volumes for analysis or not, every substantial change in volume precedes a substantial move in price, that in itself is worth taking note of.

I see the dancing girl spin both ways.

The black squares are more interesting.

  1. Could see the grey dots between the squares. Tried to follow them and the central focus part of my eye didnā€™t have a grey spot
  2. Focused on just the black squares and a diagonal pattern emerged like a shadow in the background.

They both remind me of the Young Woman Old Hag pictureā€¦what do you see.

Would post a link to a site full of theseā€¦just not sure if external links are allowable under the posting rules. :rolleyes:

can someone tell me why you all went short fiber?

Unfortunately these days I mostly see only Old Hags.

Volume - very high on current H candle. ie the big wick down.

Entered Long on the wick

Suspect that this will be a Z Day

I can see the 1H / 4h OTe, But I usually look for a 5m confirmation. Was there 1 that Iā€™m just not seeing? or do you not use that as an entry confirmation?

Its the main point of Michaels teachings, wait for price to reach S&R then wait for retracement into OTE and Go :stuck_out_tongue:

I was stalking a Long.

Came within 5 pips of being stopped out, although now, so far, looks like genius LOL

I did see some divergent, and was imagining it to come back down to me a ote to go long. So I decided to stay out and made an order. Guess what, got smacked in my face twice, instead of making some pips, I got stopped out.
As I look at it now, I once again made a mistake and should have taken into account the ā€œtoo cleanā€ areas and the bigger range from 16 January up to today. In addition it looks a like a Z-day where both ends have been taken out.
Now looking at cable and fibre, cable failed to make lower low, therefore I think we are ready to go back up north for the week.
Just my opinion, feel free to ignore it :57:

There was an ote (79%) on H1 (Fri high / low) just out of Asia session. However, I supct the big move was more down to rumours that Weidmann was going to resign from the Bundesbank and some vague talk of the Bank asing a couple of other German banks to look at what would happen in the event of a split in the Euro zone. Resignation now refuted as ā€œutter garbageā€ by Bundesbank!.

Likewise, but I went long @ 1.3280, 15 pip SL, came close too, but 50% off at 30 pipsā€¦ I think Iā€™ll probably be stopped out, as im now at BE, but Iā€™ll be watching NYO for another chance for a Long.

Some divergence too, lower highs in the USDX, lower lows in the Fiber, higher lows in the Cable (only just)ā€¦

Here are my reasons - 2013 Jan 22 Volume Spike

Sorry I canā€™t maintain my site and post a full analysis and on here at the same time.

Iā€™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 ā€œno brainerā€, except my brain was stalking a Long, so missed that big pip haul.