Sorry Rod - forgot about you - your little cousins coming behind in a line I was thinking about 
yes, thanks. I have added that one to my toolbelt recently, I just havenāt figured out if itās a hammer or a saw yet. I need to spend more time studying it. Do you normally tend to see it mimic the fiber or cable at various times? It seemed to move in lockstep with the fiber this last week.
Anyone recognize these patterns?
Lazy - I have been using the eur/gbp in my business since the eur inception.
Half our purchases are in euro, half our sales in euro, taxes and expenses in GBP, so when forward planning it is this cross we watch (literally on a daily basis).
I have learned that this cross defines buying or selling of euro.
This year to date our purchasing decisions are based on a RISING euro - we only use the daily - now we slow - the daily is saying something different.
It is really can be hard to define - I cannot put rules to it - at the beginning of the year I anticipated the rise in the Euro, not from fibre but from eur/gbp, our purchasing decisions in early Jan were based on this premise.
Our purchasing is now based on the premise that 90.00 may not be reached.
Has ICT played any part in my planning? - I have to admit that he has- his analysis of cot, and especially of seasonal tend, we noticed this tendency this past few years when setting our sales prices.
He called the euro low this past summer (via cot) when we were all being told to pull down the hatches - euro is doomed - set up alternative bank accs (many of us did this) - one of his July 2012 videos.
I suppose you mean Huey, Dewey and Louie.
The Three with Peterma
I realise it has been quite a while since I have posted, and a lot has been going on since my absence from this and other threads (the majority of which I wasnāt around for), but a fellow member contacted me recently wanting my take on the whole affair and to see how I had progressed with the tools. I am sure most of you donāt give a damn, but as I did post a lot in the early days, and my name was there for much of 2011 and some of 2012, I thought it might be useful for some of the new guys coming into this whole fiasco and wondering whether it was worth their time and effort. For those guys I would say this: Do not confuse the tools with the personality that is ICT! Much of what he shared preceded him, and can be found online and in various books. He was good enough to point us in the right direction, and yes, if you find your niche and buckle down to hard study, there is money to be made with this.
My short term trading was hit and miss, and it hasnāt yet taken off in the way that I had hoped (I will continue to work on it through 2013), but I did very well with position trades in 2012, selling the Yen at key points, and taking Cable signals based on COT. I made easily enough to cover living costs for the year, but at the same time I feel that 2013 might be a completely different story. That is the thing with Forex, and potentially with Michaelā¦just because you have lived through the good times, there is no guarantee that you will continue to make it in the future. (Didnāt he preach once about cultivating multiple streams of income? Wise words which I adhere to!)
For all of Michaelās perceived personality faults, there were plenty of gems for you to work with if you just conducted a bit of due diligence with regard to the material. Yes, his presentations were accessible (some will disagree!), but I felt that they also necessitated a āleap of faithā from the student in some respects. For me, more information means more power in my own hands - complexity should not be withheld for my own safety! When the market changes, and it will, what about all the stuff that was filtered out?
Anyway, if you are lurking somewhere, ICT, I want you to know that although I have my gripes, I did in fact spend a lot of time in 2012 doing voluntary work and helping others, which was partly made possible due to the information that you shared. I thank you, and I am sure the people I helped would also thank you, too.
Back to the technicalsā¦
Trying to save these for my MT4. Where do we save these under? ie experts/indicators or experts/scripts? many thanks
Alishijo!
Great to hear this from you, this is the sort of feedback Iāve been looking for as that is my predicamentā¦ Do I invest more time in these tools or drop them & look to move on??
Thanks & good to hear Michaels time wasnāt wasted here.
He had good intentions but let people exploit his weak points Iām starting to feelā¦
Hi, put them in the scripts folder.
Alishijo, Cool to hear from a old timer! This year is going to be interesting!
Thanks Richard. Iāll test this next week and let you know if I need more help.
Alishijo!!!
Your presence was greatly missed (at least by me, ha) around here. I had assumed you had cast aside the distraction that is ābabypipsā.
Glad to hear you are still trading, and doing well at that. I actually have found my niche in short-term trading (well intraday trading to be exact) and I think you might do well to swing by my āCable/Fiber Open Discussion: Intraday Focusā thread in the Daytrading Forum. I donāt aim to teach, just to guide a discussion, and get some quality learning downā¦ not seen on this forum since 2011 haha!
So if you want to polish up your ability to capture 20-30pips as well as the daily range, please drop on by sometime over the next few months 
Very cool to hear from you! I used to hang on your every post back in the day when I was just brand new to this. I actually almost PMd you to see if you were still trading but figured you had given it up. Thanks for checking back in and keep doing it from time to time. Take care.
Alishijo - I second pipmartās post - Iām an old timer and have enjoyed your posts in the past - your experiences can be invaluable to all of us so please call back often.
Hey guys, one question. Iāve heard it thrown around a lot that the material presented by Michael was nothing new and can be found elsewhere. Would anyone care to share what resources?? Iāve tried to search for them myself but am hopeless lol.
Larry Williams, general trading, COT
George Angell, George Douglas Taylor also mentioned
Chris Lori- Asian range
Nick VanNice- hidden divergence
Street Smarts- book
John J Murphy- intermarket analysis
These are a few of the resources I can think of off the top of my head. I added a few more after scanning my notes
Good to hear from you Ali, hope you will come to visit us more often and help with position trading. I echo pipmarts sentiments, I always hung on your posts since your analysis was second to none.
Thanks very much!!!
Added to Lazyās post - check out Clintās thread for various resources - ICT kept saying that all his techniques and terms (tools) are generic - they happen over and over and have been doing since ever - the only diff is that he has put on names and definitions.
When you are in the thick of a trade - all your senses alert to price - you see a pattern, better word - price action - unfold and you say to yourself ā hey Iāve seen that before - that āthingā where price sort of comes back from a previous swing and just somehow doesānt make it back up the whole way, maybe because the htf was down, and I just got in short at the usual area that it makes it back up to ā
Easier just to say ā entered short oteā - thatās ict material.
http://forums.babypips.com/newbie-island/49172-glossary-ict-terms-abbreviations.html
Welcome back Alishijo
Wanted to ask something related to this for a whileā¦are all these terms like jewdas swing just a way of conceptualising a specific form of price action?
Carolyn Boroden - Fibonacci Trading, how to master time and price advantage
It is good discussion about retracements, extensions and projections, which swing is the right one to fib, confluence, has plenty of graphs and examples