Wow, you are right! Maybe I should just watch tommorrow and friday from the side line… And watch some of ICT’s videos again!
We shall find out by the end of the week haha
A little tribute to ICT’s Part 7 
No, I’ll show you what I mean, this is what I think of as distribution, this is how ICT teaches it, end of week we have distribution, we have formed a [B]Fractal[/B] on The Daily Time Frame, then on Monday support turn into resistance and like Michael says - BOOM, 250 PIPS 
Arr, right I see. When I spoke of distribution, I was referring to VSA.
That is something I am slowly getting my head around. VSA isn’t price action and ICT uses price action rather than VSA. PPF found that himself as well before finding his way here. He stripped the volume off his charts and could see what was going on via price action on his 15min charts.
Something to be admired when a person can do that 
Nothing to be admired, it’s just following ICT’s methods, it’s more about the levels, and the higher timeframes, than what VSA will give you, and the Daily flow’s, sure you can use VSA, but you want to be zooming out.
I hope you haven’t mentioned it already, because I’ve been looking high and low for an answer :34:
What broker’s MT4 are you using for that USDx chart? I found Forex LTD, but the demo is only active during normal US business hours.
Ok, ICT teaches, Higher Timeframe, Daily, Weekly, Monthly even, what he’s trying to do is get you, is get the major part of the market move, it’s no good saying, yeah I scalped 30 PIPS and made some money great, this should be your minimum target, you don’t want to be trading a Judas Swing and getting 30 PIPS, you want to be on the other side of the trade, for the chunky part of the move, get in sync with the HTF.
I’m not saying I’m doing it quite right, but heck by following this, it’s paying big dividends, you don’t want to be taking profit at 10 - 15 PIPS, you have to have a minimum of 10 PIPS SL, so it’s 50/50 at best, it’s not what you want to be doing (I’m just repeating ICT).
So when you’re struggling and scalping, use this as a reminder
Forex LTD. has USDX and EURX, pretty helpful. Not the greatest feed.
If I take the ATR and set it to 5 on the daily time frame is that the same as the 5 day ADR?? I am currently short AUD/USD and I am gunning for the 5 day ADR like ICT talks about for intraday trading.
Good post PurplePatchForex. One thing that confused me while watching the ICT videos, is the stop. Sometimes he says to place the stop 10 pips above/below the low/high, and sometimes he says 30 pips minimum stop. I’m assuming I am to choose 10 pips above/below the low/high, unless that would make my stop less than 30 pips, in which case I would choose 30 pips.
Is that how you guys/girls are handling it, or are you just skipping those trades?
He said 30 pips MAXIMUM and it depends on how tangible the setup is I go for it like today was a good 50 pips but I missed the 3120 entry I got in at like 3100 with a 12 pip stop and it takes time but I feel 12-15 pip stops is what I’m comfortable with first target at 30 pips or 100% retracementnand then 127 and so on I find as soon as it breaks into atleast 20 pips profit you can atleast set to b/e
I never take trades more than 15 PIP loss, you don’t need to with these techniques, and you can still get 100 PIPS or more.
Inner Circle Trader’s TPDS Part 7 - YouTube (11:50 shortcut)
The above link points to his latest video Inner Circle Trader’s TPDS Part 7, at point 11:50.
Here is a quote as he’s explaining how he likes to position himself with the higher time frame:
And the risk to reward is in my opinion, optimal. Because you’re going to have risk in every session you trade, any type of trading, but for me since I use a standard 30 pip stop, that’s based on the premise that the ADR across the board on the majors is about 100 pips per day. Now obviously it will fluctuate up and down, but generally 100 pips is pretty much a safe bet that that’s pretty much the daily range. So I’m using a third of the ADR for a stop, so if I’m trading with the premise that I’m trying to catch the high of the day, if I’m wrong I’m going to really know I’m wrong, so 30 pips is going to really permit me to do that.
Now if we look at my trade from yesterday, entered at the OTE Entry Point, my 30 pip stop was missed by a single pip. Market forces prevented price from going 30 pips against the OTE Entry point. It has since gone down, and I closed part of the trade at +35. There seems to be something to this…
Had I used a 15 pip stop, then gotten in again at Today’s London Open, I would need a 1:2 Risk:Reward ratio just to get to the same profit I’ve attained by staying in the original trade. But what if the second trade lost as well? I would have lost 4% by entering twice, instead of only losing 2% if my original trade went bust. You’re risking a lot more.
ICT says he only takes a few trades a week, and really you only need one profitable trade a week to attain “explosive profits”. It’s all coming together now 
But it depends what you’re trading, and when you’re trading, if you were going short this morning, you would have seen the turtle soup stop raid and then gone short, totally different trade from going short last night, the time component is so important.
I was just having a look at the hourly chart today, and looked at all the Volume peaks, when are they, invariably? 3PM GMT, I think 9 out of 10 are the peak volume, so 3PM the market peaks, if not at SR then at the next SR, but going into that trade you need to take account of the 2 - 3 day cycle and since the cycle started on Monday morning, the cycle hadn’t completed, now I think we’ve ended that circle I’m long at 1.3070, also a number of other things, I’ll post a chart if I get 'round to it, like we didn’t break yesterday’s low, and we probably won’t before close, so even though the daily candle will bearish, it will also end up with a higher low and a higher high, so forecasting a bullish day, Yesterday’s Asian high/low on USDX and EURUSD, and also EURX at Monday’s Asian high.
Now watch it tank
So yes Dodge it all comes together, takes a while though and I’m not there yet, I want to nail this market, but you’ve been around for while and experience does count and your VSA experience will come in handy.
If the high or low for the week was established by yesterday, how does your white box fit into that?
I’m saying anything right or wrong, but did you take it into consideration?
thanks for posting this. didn’t know Oanda had this tool available
Yes it’s pretty useful:
Historical Open Orders | OANDA fxTrade
Oanda Labs has plenty of useful goodies for us