thanks mate,
yes, quite a bit of symmetry! this one you mention, and i was following the inside abcd… Notice how top range is about 120 very close to the double 115, and we thus have the two patterns linked
Hi Shaer and crew…
Im still around 
My first week back in trading in 2013, wanted to get stuck in last week but Uni deadlines kept me busy!
I still have a huge interest in trading, so you can bet im not going anywhere anytime soon! Coming up to my one year “anniversary” since i actually started to practice trading this February… Currently running a small live account since around the mid/end of September 2012 - pretty much at break even…
Had a good first week back in 2013 so far… My current position: Short Fiber 1.337
Im in agreement with ICT at this point, ideally dont want to see the highs taken out at 1.332, and if they are, i think we are likely to go higher so have trailed my stop to a little above there locking in +35 pips… Have already scaled out of my position a long the way and looking for final profits at around the 3150 area…
As always, you can follow my progress here:
SanJ System | Myfxbook
Had a bit of a rubbish end to 2012, the final week involved a a revenge trade and pretty much wiped my profits for that week out the window. Back in 2013 with a fresh slate and ready to get at it again
Its a long journey, but i feel coming close to a year ive already come a long way…
Planning to post weekly updates on my progress
:57:
niice! high five bro
that line ‘htf - ote perfect place’ it was, ote on higher frame, to the left notice resistance turned support on the upswing, and the ABCD’s for exit. Market structure broken yes, and also on the way up after structure break was a head and shoulder, with the right shoulder swing at ote.
a good situation
After some more study, Wolfe Waves 1-3 and 2-4 must converge for best results as in the picture below. The rules get changed allot around the web, but the original rules show an apex on all of Wolfes examples. Testing so far has proven to me that WW’s with an apex are more profitable than waves that are equal or expanded.
I noticed after testing over 100 channels that do not converge will not make the WW 1-4 target over 50% of the time.
Price projections in a continuation channel/flag should be measured from the flag pole and extended from the high/low of the flag. (In short, WW is not reliable for channels)
For me, I like to see WW5 show a false break. If this condition does not exist, probably a good reason to pass.
Some of these trades are not in alignment with MS and sometimes the target line is a set up for another ITL or ITH.
At first when ICT threw this pattern out there, I was thinking, what the heck. But like all tools, I tore it apart and found out why I should look at this more. It all comes down to R:R. Most of these set ups will produce greater than 3:1.
Today’s example produced 4:1, risking 2% that is an 8% gain.
Winning this set up only 50% of the time, no need to come out of retirement…
Using fib extensions, reflection, Judas, S&R, OTE, Turtle Soup, and Stochastic Divergence, seem to be all that I need to look for when locking down on W5. The priority going to S&R first.
Shaer,
Still around, still lurking, still trading, just not as often as I used to. I found the forums and volume of posts to be a little too over whelming, causing me to often second guess trade ideas because of what others thought or believed. I’m sure many of the other names may tell you the same thing.
Still working on finding my “niche” trading if you will. Not consistently profitable, but not losing either. Just enjoying the journey.
Craig
After the cocoon, maybe they fly away. PPF sounds like he’s doing great and hasn’t been writing much either. I personally find that I am more accurate in my analysis if I don’t read the forums. Maybe they are experiencing the same thing.
good pips?..
anyone for 350 pip ride? lol
unfortunately it was a demo trade and with only 0.25% risk, but this is my biggest pip haul in single trade to date, so another milestone reached…
reasons for the trade are mostly shown in the shots above, plus 162% extension on the up swing (daily), basically a lot of S&R congestion in that area, plus oscillators divergence and nesting Reflection patterns.
had a small limit order to sell fiber at 1.3308 for london close kz, got hit, 28 pips in profit as of now, stop to BE, letting it go through the bottom or just stop out. we’ll see. reasons: mf bearish, still think that there are price inefficiencies to 1.3150, ote, previous monthly high, ~asian session high, and to my surprise also a grail formed on the h1. limit orders (and leaving for the gym) are nice 
Hi!
Start with this:
Then this:
Play around a little, zoom out, use different timeframes…
And finally some thoughts about today
Best regards
Roger
Ahah! You & I are playing the same game I’ve noticed… except my entry was way crappier @ the 62% ote, I almost closed out but then noticed the divergence as it approached 79%, was hoping the big boys would come out & play the game like yesterdays LC… not so!
Beige book is been opened in 30 minutes or so, so I might tighten my stops for that.
USDX seems to be climbing out of the ditch it’s been in for the past few days, here’s hoping… :51:
I’m still here
I’m working on my own thing, laying low, and helping out newbies where I can. My social life has cranked up several notches in the past couple of years, and with it the demands on my time…so while I’m still watching the charts and demo trading, I’m not as active in posting and writing out my trade analysis here in the forum as I once was. However, I’m soon to be an empty nester as my youngest son moves out this week (sob) so will I will get back some time from not having to deal with his issues. So I’ve been thinking of starting a new thread in the Journals section for my own reference which won’t involve much of ICT’s methods per se, but they did give me some insight which is always helpful
One thing: LOL
GLGT
There are some things to consider… This Indicator is based on MA price, and as default the MA_type is set to “Close”. The lines we see are based on closed prices. In order to catch SMT Divergence on spikes, we need to adjust this Parameter.
See following chart:
Here is a chart setup that can provide us with decent information, use this as a separate chart in addition to your other pricecharts.
I have a template but dont know if I can upload here. Just open a new EURUSD chart. Add ICT Overlay Chart, default GBPUSD and change MA_price to "High", Then "dragn drop" change to EURUSD, change color and MA_price to “High”. Repeat the process with a new Indicator window, change MA_price to “Low”. Add txt with “Insert” - “Text Label” Make sure that the little box for “Draw object as a backround” is checked/filled.
There are some work to do, but once finished, save as template!!
And remember: Only look for Divergence around Key S/R, during LO NYO LC Killzones, in conjunction with Reflections Otes etc, You know the story, it`s a game of probabillities! This is only another tool in our ICT toolbox.
BSTW! (Be safe, trade wisely)
Best regards
Roger
Hey Sweet,
I am soooo glad to hear from you and that you are still around I felt like I am the only one women left in this “jungle”…lol.
Looking forward on your future thread and I sure will follow along
Take care hon.
Hey guys a question for you! What do you do if u see OTE on fiber or cable but on USDX there is something that says NO, do you follow USDX or pair? If you say in percentage how much you think USDX have more advantage over fiber and cable. Thnks
if usdx says “no” for whatever reason: no trade. period.
Good discipline - I saw the SMT div on fobre/cable at LO - fibre was dipping down to take yeaterday’s stops while cable was waiting up for it.
In this scenario often the difficulty is knowing where will it stop - I judged around 3250 mark - limit order set and tp at central pp - worth around 65 pips.
My limit did’nt get tagged - so cancelled the order - this is discipline and therefore a success - I do not regard it as something missed, instead I regard it as sound anaylsis and good trade action, I would rather miss a good trade that join a bad one.
Hi guys, Im just been looking a little at the Aussie and kiw pairs(is that right? NZDUSD and AUDUSD?) and it seems a little clearer than Cable and fiber…
Is there anyone in here that are trading these pairs mainly, and if so, what killzones do you suggest for these?
Thanks
AUD/USD - There is a Employment Change/Unemployment Rate coming out tonight at 7:30PM EST so I would definitely will watch this pair… I have not usually trade this pair but I am curious to see what will happen tonight. I will use S/R for this but will see…
Just thought I’d post the current US 10yrs
First this past 3 days, 15 min chart
Then the ONE hour
And lastly the 4 hour
Remember these are prices (invert for yields) - foreign currencies chase yields.
An easier way to remember is the USDX would often follow the bond price.(or vice versa)