Finishing lunch at work, and decided to check in. GREAT to see people discussing trading here. I’m gonna try to captue some of the weekly range tomorrow and will try to post a chart tonight.
every now and then i spend some time looking for a new way to consider price action, most of the time it leads nowhere. Other times certain cool things that make sense come up.
This has to do with ICT material so 'm going to post even though it’s a P&F chart and we never discussed PF on this thread. Anyways, some may be familiar with this kind of charting, a eur-jpy PF 5 by 3, does anything appear that looks familiar? -)
what happened to the videos??? Is it coming back online or does any one have a copy of them? Please help!!
MM buy I think
From my point of view, I think the USDX consolidation is still weak. Not that it is bullish or bearish at the moment but I believe a reversal will occur. Why? Wave C. Tomorrow will be an eventful day for the USD. Keep an eye out for those USD pairs! As always, I am not a robot. I am human and am subjected to mistakes.
Be Persistent.
13430 nailed a near perfect TP for the day, the low being 13425
My final TP pick (if in the trade) would have been around 13437, ie AR Low.
Question - why 13430?
I do note that 13430 is the Daily Pivot (NY GMT+2 Pivots), although I tend to only used the Pivots for added confirmation. ie confluence.
The more I study PA on the daily chart the more I have respect for NY Daily Pivots.
New vid up on ICT’s Youtube. Everything he said on that video was exactly what I was thinking in terms of what can happen today. Glad to know i’m learning and understanding. Lets see what happens at LO!
I just recently watched the wolfewave video (I downloaded it before I left for my trip, but didnt really watch it until now…)
and I played around with it a little…
I am not sure if this really is a proper WW… or just coincidence… but pretty cool isn’t it?
If someone is more familiar with WW… please chime in and correct me if I got it all wrong…
unfortunately I wasnt in on the action… flat for the whole week… first week of trading for me for this year thus far (just returned from a 2 month trip) and while some of the levels I noted on my weekly analysis would have paid me… my trigger finger still seems reluctant to accept being back from holidays… hope I’ll get that sorted out soon as well;)
cheers
For those that had issues getting an Oanda MT4 Bond feed - mine all sorted now.
2,5,10 and 30 years US Bond in Oanda’s MT4, although no USDX or German or British Bonds.
The US Bond Feed is currently on NY time.
Oanda also offers USD and EUR and GBP gold CFDs. All NY time. I’ve been planing to investigate currency divergence against a common base ie gold. (refer Currency Trading and Intermarket Analysis - Ashraf Laidi)
Edit (2 year Feed also NY time)
Current NY time = GMT-5
Really for the US? This would be great…
Just apply for a European demo account. Works for me in Australia.
Check whether or not US residents are redirected.
Similar (opposite - to get short) action to yesterday, peak below AR low, not as obvious retest, then down we go…
Too bad I didnt see until after we started to move!
Anyone still short from yesterday?
did anyone get in today?
I briefly talked about that level in this post: 301 Moved Permanently
Its the 62% retracement level of the current trading range. We’ve had some interesting PA around this level last week and all this week. It was also below the AR low for yesterday. I wanted to see a break below that to indicate that we should be starting to look for sells, at least in the interim.
But aren’t we still in the Asian range? London’s not open, Tokyo is still open… I’ve noticed these big moves can happen 7am London time but have kept my Asian range to 8am London open… hummm
I did Richard87… i’m in for buy at 1.34095. That down move is quite strong though so I am a little concerned. We have lots of high impact news coming in today… hmm
I think the Asian range is from 00:00 GMT -> 05:00 GMT (at least, I think this the zone ICT uses). This info may be in Clints post related to all things ICT.
Yep, lots of bad news so far this morning out of Germany @ 07:00. You’d have thought someone must have known when we started to slide so agressively 15mins prior to that 
Careful with the Longs, while your entry seems good (providing the stops are below 1.3364), then you might be OK, should we get some sort of bounce from the ECB statement or overall Eurozone GDP results…
I’m long 1.3388… I am a little worried about how extended that move is. Hope they don’t gun the lows of this week. USDX should find some resistance here unless its looking at those highs on the 12th…
