Thanks for the videos ICT
learning a lot
dont think its luck - lol
Have you seen all the Asian levels from last week too?
Yes - that was all part of my SR analysis; plenty of nice confluences
so far so good
Funny enough I was reviewing one of the older ICT videos where he counselled āFocusā - I too am doing like you - only trading fibre but anyalsing cable, usdx and bonds - the results have surprised me big time, sure weāll make the odd slip but as you say the key is in recognizing the reason for the slip.
Thereās so much of getting it right going one here, so great to see, one step at a time, a bit like learning a language, would you try and learn a language all at one time? No, of course not, you first of all learn a few words, wonāt get you very far, and youāll make a few errors, then after while you get to put a few sentences together, then you start to get by, then you get fluent in sentences, then you get into discussions and after a while you get capable with that, youāll still make errors, but all the time you will get more fluent.
The good thing with ICT is that just a few sentences is enough to make a damn good profit.
Ok, if even the master himself killed the trade, I should not feel too bad collapsing the trade 
Cable long was liquidated 1.6040
But I guess he meant 1.6140
12/12/12 Congratulations everybody!
while we are mostly technical traders hereā¦ I am trying to connect the fundamentals with my technicals
So short term I expect a bearish reversal in cable/fiberā¦ but longer term still rather bullish.
In reality I struggle being bullish in neither dollar nor any other fiat currencyā¦ but thats not the point hereā¦
So with the Fed coming up soonā¦ with uncle ben announcing continued low interest rates and QE-X (X as a variable for indefiniteā¦) it should realistically drive dollar down and gold up, which should also drive foreign currencies upā¦ but as a reaction to the announcement and further empty promises and some rigged numbers and statistics coming out in a few hours, market could react bullish on dollarā¦
this could make my technically-expected bearish retracement on fiber/cable possibleā¦ albeit the downward retracement would probably be a short oneā¦ (short as reference to timeā¦)
OR the fiscal cliff psycho babel could lead to a down trend in USDā¦ but Benny doesnt seem to fancy to deliver any bad news (or truthful statement, or smart decisionsā¦)
OR everything will be completely different;)
I am not big on fundamentalsā¦ just trying to find out which scenarios could spark the move I expect from technicalsā¦
please chip in anything I forgotā¦
cheers
Lesson Learned for todayās fiber 30 pip loss. I was stalking LOKZ, all went as planned, reflection hitting a figure at Monthly and weekly pivots. However, reviewing after the loss, I remembered from a video hearing to look left to see where price is reaching, of course after the trade, some old lows that were not tested were right there in front of me the entire time and that resistance was sitting at 70.5. I was focused on the now on the right with a weekly high stuck on the brain, not always the case, need to keep thinking outside of the box.
Look left for the reachā¦
Yep! This was why I had such a tight SL in place, I knew we had more space left to fill, but chose to ignore it!
Id be way more comfortable getting in for a short now, but no revenge trading allowed
statement from last friday. not even a week later now. combine it with chris loriās concept of inefficiencies and look at the fiber. viola
ah yeah.
This is the last time the numbers are going to match until the next century.
I will be still posting on this forum trying to master trading in 13/13/13 
One of the unlucky ones then 
Hey ICT
Maybe you have covered this in one of your videos or posts - and if so I apologise, but I wonder if you could explain why the 70.5 OTE works so well
Just looking at the eu short today at 1.3050 as context
I guess my theory is
First smart money likes to move the market around sufficiently to induce traders to enter - therefore you get volatility - the more traders that enter the market, the more potential liquidity to be manipulated
Second a deep retracement will induce traders to go against the HTF trend and some may get caught by entering late in the retracement
Third it will likely trip stops of those still short from the original high (in the case of HTF trend down)
Fourth it will bring price back to an area where those who originally went short will āperceiveā value and are prepared to re enter the market; ie smart money moves price up to an area where it expects more smart money to come in and push price down - so they manipulate price up to suck in longs and accumulate short positions
thanks
haha In fact, 21 December 2012 is supposed to be the end of the world, how do you think this will effect Fiber and Cable? Buy the rumour, sell the fact?! LOL
Iām definitely going short! The end of the world canāt be good for foreign currencies! But then again, it canāt really be particularly good for the US dollar eitherā¦? What to do? We need ICTās help on this one!
LOL Only ICT and/or George Soros have the answers to this questionā¦
In times of crisis we look for safe heaven, hence the USD, a risk off situation.
But with the end of the world approaching, better take all the money out of the forex account and spent it at <insert your favorite pass-time here>
This is all the answer you need - it just does!