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

Bounce at .3020 while DX bounces at 80? This would put us in an OTE buy…

Yeah less then 1% of a million every two weeks, yes you could live off this…but you have to get there first and if it takes 50 years to get there then what’s the point…

AK, I did do the math, that is on ICT’s to weeks. so yeah it is only less then 1% for two weeks. that is why i said on a 500 dollar account I would only make less then 10 bucks…what’s the point???

Oh aye, less haste more speed, I’ve learned the hard way, I think most of us have, you just have to wait for those Major SR levels, take my scenario from this morning, most of the analysis was incorrect, but since it was at a big levels there is the reaction there to get your 30 PIPS, that’s your wage, the rest is a bonus.

I know, easier said than done.

It’s all looking very bearish, but we still have the 1.3020 level to contend with.

I’m not sure to say well done, or you were bl00dy lucky for those that went short a little earlier at 1.3080ish, with the base rates, turtle soup at both ends of the Asian Range today, and you can’t really knock profits, and it’s all good learning experience, but not something to do with live money.

But see how the retrace hit exactly 1.3054, the OTE level, yes ICT, it is starting to look like Voodoo, damn cults :smiley:

took the same trade at 1.3072 OTE 62% but close the trade before news event not that much profit

yeah again what’s the point, how likely is it that you get 7.25% every week…not a chance in hell

Fiber

Today’s low was, 13023, so far

Beging retested as I type.

13023 happens to be the Last H4 LTH, set on 31Oct12 high

ITH should be formed by the end of today unless we get a strong up move before close of play today.

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Seems the bonds knew something that we did’nt - I do’nt call the USDX triad divergence my favourite ICT tool for nothing :slight_smile:

peterma, where do you check your USDx triad divergence at? would you mind posting a pic…Thanks

Cool, now you’re talking, when I started with ICT, I was trying to use VSA in it’s context, but you’ve got to kind of submit to the tools, it makes it easier, when you’re trading VSA you still tend to look for something rather than anticipate something, get what I mean? You look at a chart and you analyse as distribution or accumulation or whatever, but it tends to make you react to what you a re seeing, but when you focus on the levels and the fractals just like you’ve shown, you get less errors, you get to be right more of the time, you have more confidence in your SL’s etc etc, you know what I mean.

I still use the Volume indicator and I’ll keep an eye on VSA, but the foundation for any trade now, is ICT, Daily timeframe, and highs and low’s etc.

Those Asian high’s and lows feature so much, I prefer using them to pivots, they are real rather than implied.

Can you explain the chart a bit please? This may lesson for me!

Generally I agree about the ST and my comment was really nothing more than a bit of levity on the ECB press conference . However, Draghi comments like this are also about sentiment vis a vis long term rates policy in the Euro zone and as you can see now as EU breaks the 30 handle they are worth bearing in mind not just as a whipsaw catalysts but as a serious market movers.

Yep, I definitely understand where you are coming from. I’ve been trading for 13 years, so I should get a grasp of the ICT methods pretty damn quickly :slight_smile:

I will keep practising with my £1 a point until the end of the year before I go for it with more funds.

If one thing is proof that ICT is a pro trader, it’s the insane amount of patience he has with you specifically…

A London close long here with a 20 pip stop will do nicely. I’m expecting support.

Long £1 a point at 83.1

I thought about this before entering, with the news on tap, did some research and noticed that the cuts have a low probability of coming out not as projected.

SM was also set up to start the selling pressure well before the news came out, looking suspicious. Price managed to make a close below yesterdays low, the stops were ran on the Asian lows first providing the momentum they needed for the move up. Their target was an extremely large pocket of orders at the 80 level. I was thinking, Why would SM get set up for profit release to the downside if they knew that news was going to cause them to go negative on their positions? I decided to jump on the train… not scared…


Just exited 75% of the new position at +100, and 25% of the old position at +120. Now have 25% of each position going for a ride!

Some people call it negative, some people call it the struggle of learning, some people call it being rachinal (sp?)…

Pip hanger, if you dont want your 500£ then you might as well transfer it to me straight away if your going with this attitude,…
I started my live trading 3 weeks ago with only 150£, now my account has 260£. I try not to risk more than 2% and just use extremely tight SL. The point I am trying to make is, once you get confident in trading, you can always keep on adding money to ur trading account. If you know how to trade, it will not take you 50 years!
Everyone is being optimistic about you, how about you start to show some of that as well :57:

We are back to the wk open 2987