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

Market flow broken on hourly.

Cable is giving a lot of patterns right nowā€¦ :33:

Here is a few that I seeā€¦ (besides of the H&S)



waiting for ote on fiber now to get short. ~1.3116

'm taking the other trade, 90 to 16

So, the general opinion about the fiber is that it has made itā€™s top for now, and is heading lower?
Iā€™m very new to forex trading, so I still find it quite hard to gauge when a trend is going to end, and what is going to happen next!
But, this thread and ICT in general is just a GREAT help to newbies like myself!!!

This would be nice :cool:

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With the exception of scalps (eg potential Fiber Short 1.3114) I will wait for confirmation H4 before I consider the Market Structure to be Bearish. So far it is a possibly rather than a probably.

Too much noise on H1 down.

would be, yet for now stalling testing the backside of a trendline. if upward goes, will have to be done soon for the nyo. if not, then bear flag? possibly

oh, 'm a Junior? niiice :slight_smile:

:17:

Why didnā€™t i just follow trough?
I did put it in my trading and after yesterdays setback i have decided to at least use direction of MK Flow on 4 HR and MS and not predict reversals. Never know what is right and wrongā€¦Learning

doesnt seems like forming OTE on fibre soon. may be need to wait till NYO. but cable going towards OTE

The first picture is showing all of the buy and sell limit orders at Oanda. When I think of stop runs, this puts into perspective for me, meaning that todays buying into a pocket of orders looks to me like banks are taking profits leading to exhaustion with a possible reversal.

why did you post that pic. iā€™m really not sure about shorting anymore if it comes back up into range. especially because cable is not willing to break the lows. hmmm, what to do

Fiber

Suspect that this is a late JS, so be wary of going short OTE

If in doubt, stay out :slight_smile:

Hey, yeah me too, I should have done what I said I was going to do, my original blue path forecast was followed quite closely, but first thing on Monday morning, Iā€™m not in gear properly yet, too much discipline!

Purple, thatā€™s classic distribution :wink:

Short at 1.3121 this morning when there was no follow through when it tried to break higher!

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A while back I came across some cot charts on the net that caught my attention. I spend about a couple of hours working on the formulas to get it working to match what I reviewed.

Basically, I took the net extreme high and low for the sample period creating the 0% and 100% levels.

The remaining net qty positions were compared to the extremes and assigned as a percentage of the range and plotted on the graph.

This does not show net short or net long positions, I am just comparing the last extreme level to current levels.

Let me know what you think.


From saxo bank, open positions in fiber are short 55% long 45. Most shorts are in loss, and longs in profit and set up around 1.3000. These longs must have caused the 3000-3040 wicked bar on this weekā€™s open. we could see defense at 3040 against incoming shorts


thats great 60+ pofit until now. more to come