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

[Jason_Rogers]

@DroneTrading

I have the ClarkFX’s ICT tools with the EX4. files. Could someone tell me what charting / broker platform uses these files. I am currently using FXCM but I would like to switch to whatever charting / broker uses the EX4. file.
thanks

@rod178

MT4

ex4 files are the compiled mq4

Hi DroneTrading,

Welcome to the forum

As Rod mentioned, .ex4 files are for the MT4 platform. Since you’re currently using FXCM, you might like to know that you can convert your existing account via MyFXCM.com, so that it will work on MT4. FXCM’s MT4 logins actually work on both MT4 and the Trading Station, so you will be able to use both platforms. If you need further assistance with this, feel free to hit me up in the Broker Aid Station.

Jason

[peterma]

Dr Peterma, what does the encyclopedia say on this?

Just back from a long lazy break in London - fantastic city and people - very few bank traders about ( all away on holiday I guess - ) anyway - back to work - earphones on, ICT video running, pen in hand

[peterma]

I’m sorry Ibepippin, I did a bad job explaining what I meant. I think I misexplained my thoughts. I understand ote is between 50%-100% ote, the sweet spot is 70.5ote. I guess, my question is, if were going long for example, and we buy at the sweet spot 70.50% on fib, we’d hope to see our long reach the 50% level on the fib then the 38% level and the 0.0 level( the 0.0 level being a 100percent swing in distance from the swing low that we used to place our fib on going long). I’m not sure, but I’m sure I’ll find it again on ICT’s videos, if its there, is that while going long if the trade pushes through the 50% level clearly, it will get to the 0.0 level or within a few pips of it most if not all the time. The main point here I guess is that it would definitely get through the 38% level on the fib, if this was a long, and reach at or near a 0.0 on the fig. Any insight is helpful and thanks again

Possibly this video at 13.00 mins - although he is talking about a seek and destroy scenario where price will run back to between the 50 and 38 fib after taking out the stops.

Inner Circle Trader’s PTC 09/19/12 - YouTube

[TommyL]

Just back from a long lazy break in London - fantastic city and people - very few bank traders about ( all away on holiday I guess - ) anyway - back to work - earphones on, ICT video running, pen in hand

Trading must be paying you too well

Welcome back!

[mapman]

Does anyone have a take on what happened today with the fiber, a couple of hours after NYO? The market didn’t really do anything yesterday, and hadn’t really done anything all day, and then suddenly price jumps up by 50 pips, what the hell?
And do you think we have made the high for the week as Michael mentions often happens on tuesdays, or do you think we will go higher tommorrow?
It’s always of great help to me, to hear your guys thoughts on the market!

Hi Esser

Strikes me that Fibre was waiting for a good reason to make new levels, everything has been suggesting a long scenario for while now. Then at 5pm we had Boehner (forgive possible misspelling) on the wires sounding a bit hopeful that the US fiscal cliff will be settled. Well actually when I listened to him , he didnt sound that confident, but the equity markets took it as a sign that all will be well in the world. That and the fact that the Usdx has got clear space down to 79.00 and EU has no real resistence until 3280 lit the touch paper! In a nutshell we had a strong technical story, supported by news. I can almost hear ICT saying “watch out for the 3280 level guys and keep an eye on the usdx 79 level”.

Have a good one

[hopiplaka]

@"sparky897"

Wondering the same, I just hope everything is well with him!

Tomorrow he will release a new episode:

()

[cskrishna]

Could anyone download the livestream presentation by Michael of Mon Nov 19 2012?
Thank you.

Csk.

[ineedtolearn]

Possibly this video at 13.00 mins - although he is talking about a seek and destroy scenario where price will run back to between the 50 and 38 fib after taking out the stops.

Inner Circle Trader’s PTC 09/19/12 - YouTube

Thank you Peterma

[jinirav75]

Could anyone download the livestream presentation by Michael of Mon Nov 19 2012?
Thank you.

Csk.

I thought its on YouTube now?

[cskrishna]

I could not find it in ICT’s channel.
Do you think someone else may have posted it?

Thank you.

I thought its on YouTube now?

[minidiez]

Yep, I felt the same, this will help you start getting up to speed - Traders Development

WOW! This is really nicely outlined! Thank you!

[Candianpip]

Can anyone point me to ICT 's mention of market structure rules or give me a synopsis? I am having trouble identifying when MS changes. As I under stand it MS in a bull/buy market I am looking for higher highs and lows, but what changes MS? Does it shift if I get a new STL that is lower than the last STL or am I off the mark.

I have marked what I beleive to be the ITLs and ITHs and some S & R levels but I am not sure if MS is broken down to the bearish side after the STL on May 16th is lower than the April 5th?

I am working way back in time as an excercise to improvement. Thanks for any insite you can give me.

[IyaJenkei]

COT data is looking bearish also very close to a major resistance level. Just stuff to keep in mind. Especially for longer term traders.

[peterma]

Could anyone download the livestream presentation by Michael of Mon Nov 19 2012?
Thank you.

Csk.

You’ll get it here

Babypips.com Inner Circle Trader - live streaming video powered by Livestream

[TopFroxx]

too bad it’s not “trading season” anymore. easy long on fiber and e/g. my demo account is happy though. wanna cash out please.

[jonnycab]

too bad it’s not “trading season” anymore. easy long on fiber and e/g. my demo account is happy though. wanna cash out please.

Yeah, that was a decent setup this morning, took the Long from 1.3230, most of the position closed at 30 pips, will hold out for 1.3280 to see what it does…

I suspect we’ll see it get a bit higher, looks like 79.00 on the USDX will get tagged too.

[TopFroxx]

Yeah, that was a decent setup this morning, took the Long from 1.3230, most of the position closed at 30 pips, will hold out for 1.3280 to see what it does…

I suspect we’ll see it get a bit higher, looks like 79.00 on the USDX will get tagged too.

exactly my view and my trade spoooooooks!

[hopiplaka]

Also took the trade @ 1.3230, but closed most of it @ WR1: 1.3270

Yeah, that was a decent setup this morning, took the Long from 1.3230, most of the position closed at 30 pips, will hold out for 1.3280 to see what it does…

I suspect we’ll see it get a bit higher, looks like 79.00 on the USDX will get tagged too.

[jonnycab]

exactly my view and my trade spoooooooks!

I just wish it was on my Live account

Still, this type of analysis in these conditions do serve their purpose well, if you can still call the moves and anticipate price, 2013 will be another good year

[jonnycab]

Also took the trade @ 1.3230, but closed most of it @ WR1: 1.3270

Yep, this is why I took most off at 30 pips, my feed was reporting the WR1 @ 1.3263