A quick image to illustrate (click for bigger pic) 4H TF:
Thats something that I’d be looking at as a potential trade idea this week to unfold…
Who knows 
I like your analysis Jonnycab! I too think the same! Let’s see.
Jonnycab
Thanks for the two posts on MS, which is, imho, the most important single topic, as well as the most difficult to interpret ‘profitably’. It is a subject that requires more work on my part, so I’ll be interested on anything you are able to share in the future.
Hope that we can keep this thread going, on topic, given the recent unfortunate developments.
PS How did you link your chart to another server, as you have obviously done in your previous post?
Yes makes sense to buy into resistance in MM profile and then down. But hey we are not here to catch every move 
Hey John,
I agree on your statement above…
I would also like to add, this is only my own observation and analysis specially on intraday trading, the first 2 weeks of the month usually a good times to trade. I say that because the majority of the big moved happen when the interest policy changes of major currency pairs such as Fiber, Cable, and Aussie. I am more focus on taking trades on the first 2 weeks because of it. There are so many things going on on the first 2 weeks that you can just see it without going thru the other charts like bonds rate, USDX, etc. Though, sometimes there are exceptions…
You do not need to trade everyday or every week if you are focusing on the consistency (like me )…just find the good ones and you should be ok even if you are only shooting for 100-200 pips a month…focus on consistency then profability later.
Besides, you have more free time in your hands to do something else…like laundry, baking, gardening, all those boring stuff…haha…j/k.
No trade for me today. I might look for 1 trade this week…will see.
Yes, ever since I watched Part 6 (I think - maybe 5) of the TPDS, I have spent a lot of time trying to use Market Structure to determine my directional bias, in both the long and short term. I agree, its the most important topic when it comes to directional bias, but also difficult to call at times, especially on the lower time frames. However, when you get in sync, the results are awesome.
Plenty of good info in this topic, I’d like to keep expanding on it as well!
My ISP provides me with some FTP space that I can link to via HTTP. I store all of my images there.
I use the following code to make the image clickable (the forum automatically scales them):
[url=IMG_URL ][img ]IMG_URL[/img ][/url ]
Remove the spaces before the ] though (I had to have the spaces otherwise it would try and display a clickable img and you wouldnt be able to see the code
You can do this with other image hosts too (like imageshack etc…), just get the direct image link and put it between the above tags (and remove the spaces).
Interesting, if not expected price action today:
Quite a bit of action around that 79% retracement level. New equilibrium well and truly estabilished… Getting ready for the next move? I need to revisit the videos on equilibrium to see what this might mean, but I’ve been trying to get into the habit of spotting this type of PA.
Johny and rod i think you should stop right here cuz ull get atention from all lazy ppl that are just complaining and dont want to do anything themselfs just flame Michael
these are my sentiments exactly. Friday can set up a very nice counter trend move on Monday, look for divergences in equities, bonds, USDX, commodities, etc. It gives you all weekend to study the charts and map out your areas of interest.
QUOTE=jonnycab;459325]When we make fresh lows the week before (especially at the end of the week - classic rally up into OTE, then larger selloff, confirming the bearish MS), I like to see a push higher at the start of the week (price correction) if we are in for the same type of thing. I’d be expecting the smart money to drive prices back up (accumulating their short positions - sell the highs, buy the lows, etc…). This corresponds with the idea that we should form the high or low for the week on Tuesday or Wednesday. We’re in a bearish MS, so we should form the weekly high midweek, then selloff into Thursday and Friday.
Ofcourse it doesnt always work like that, but you can be pretty nicely positioned at the start of the week to capitalise on the move up before the bigger move down and vice versa.
These are some of the things I’ve been looking at recently (and trading them) and it does happen quite a lot. Especially when you do start to have quite a significant trend either starting or continuing. Since the first of Feb we’ve had quite a big move south, with plenty of confirmation on the 1H and 4H that MS is indeed bearish, at least in the short term (Fiber). If we are to continue this leg downwards, I’d be looking at last weeks low to break along with the next higher time frame level of 1.3270/80 to break.
Its kinda hard to explain, but if you look at the charts, it does come up quite a bit. Low risk trade on Mondays and Fridays will keep you right and allow you test these ideas
It’s sort of what I was saying in a post I wrote a while back, if we’re in a bearish MS, then I’d be buying up into the sweet spots (providing that short term MS has turned bullish), then looking for signals to sell once we get there, to hopefully catch a bigger move down than the one we’ve just taken Long.[/QUOTE]
You will get all the answers with experience young padawans
What video was that anyway? I took a long in cable. Turtle soup at 1.545. I was hoping for it to trade up and fill in the Sunday gap but hasn’t done that yet. Stop at break even. Ill wait it out. Nice fiber set up long that you pointed out this morning.
The topic of equilibrium was in a number of different videos, peterma has a good list of them in the Abbreviations thread. I just hope I have said videos saved… (I saved quite a few before they were removed, but not all :()
Nice trade. Cable Long still scares me, but you got in at quite a nice level, good job!
The fact that it was a bank holiday in US, does this mean we should discard the equilibrium/inside day for USDX and eurusd or can we still consider it as an inside day meaning tomorrow look for big moves?
??
No guarantee either way buuuut… I think tomorrow we will break out of the range. I was expecting today to be a rangy day. I am thinking we are in for expansion.
Yeaaaah I want some action
ahaah jk
Lucky you guys, this week im working, no markets for me
Would you possibly be able to make these vids available for download? I got some via torrent, but its just a portion of the massive collection!
ICT has a new video out here: The Inner Circle Trader - YouTube
New webpage here: The Inner Circle Trader | The Official Homepage of The Fx Sniper Michael J. Huddleston
Video mirrored over here in case in gets taken down: The Inner Circle Trader.mp4
Wow, this is great.
Thank you for sharing.