The ICT "$ Stops Here" Thread

[palmy]

Good. How many pairs are we gonna track?

[555shoe]

Hey,

I am in too.

Cheers

[anon10665397]

Shaunfx,
For this exercise, if the conditions are met, do we trade in the Asian range too or only LO and after?

Yes the full trading day.

Good. How many pairs are we gonna track?

Just track 1 for yourself, It can be any pair.

[jonnypips]

I’m going to choose the Cable, i think that is where most of my future trading will take place?! But who knows…

Thanks for doing this, is it exactly the kind of directional start i need as i feel like i’m drowning in the ocean of information out there!

[palmy]

What about Monday? Do we take Sunday only or Sat/Sun as one candle?

[cskrishna]

EURUSD
Date: Oct 19, 2012
PWH: 1.3020 PHL: 1.2820
PDH: 1.3126 PHL: 1.3050

1. Price traded to PDL bounced back by about 20 pips
2. Price went down the PDL and reaches the PDL. Now the PDL becomes the resistance. Price goes down by about 30 pips
3. Price hits PWH which is now support. Bounces off PWH and gains around 20 pips

2012-10-19_1654 - Cskrishna’s library

[PIPhanger]

I use imageshack.us for all my images…Very easy to use…

After you upload an image you just click on the share it button.

It already has the code for posting to a forum. You copy this into the babypips Reply window, highlight this and click the Link button…You then paste the Link line into the window that come up in babypips.

This gives you a perfect image for the forum, plus allows anyone to click on the image so they can see the full sized image.

I hope this helps and should save you some time once you get the hang of it.

I’m looking forward to do this exercise once again. Practice makes Perfect…

[555shoe]

Do we start today with the data from Friday or do we start tomorrow with the monday data?

I will take the swissy

[anon10665397]

Do we start today with the data from Friday or do we start tomorrow with the monday data?

I will take the swissy

We start today with the high and low formed on Friday

[anon10665397]

What about Monday? Do we take Sunday only or Sat/Sun as one candle?

You want to use Friday’s PDH and PDL. Dont worry about Sunday/Saturday

[anon10665397]

[B]WEEK 1[/B]
[B]Monday[/B]
PDH 1.3075
PDL 1.3012
PWH 1.3138
PWL 1.2896
Result: PDH +20

EURUSD Monday

EURUSD Monday Result

[555shoe]

We start today with the high and low formed on Friday

OK, thanks!

[555shoe]

Hey Shaunfx,

how do you draw these lines which end at one point? I can find only “endless” lines in my mt4…

[anon10665397]

Hey Shaunfx,

how do you draw these lines which end at one point? I can find only “endless” lines in my mt4…

Trendline

Uncheck Ray

[555shoe]

[B][U]Week 1 - USDCHF[/U][/B]

Monday:

http://imageshack.us/a/img40/1218/usdchf1g.jpg

Results for Monday:

it was close, but no trades were triggered

http://imageshack.us/a/img89/4352/usdchf2.jpg

[Tailung]

What is that indicator you are using to plot the days of the week. Can you provide the source-code?

Yes that is correct.

Here is an example to clarify.
The new trading day starts at NY midnight (00:00EDT)

Purple line are last weeks high and last weeks low
Red lines are ofcourse previous days high and previous days low

EURUSD EXAMPLE

[anon10665397]

What is that indicator you are using to plot the days of the week. Can you provide the source-code?

Sure. I use the manual text tool. :eek:

[Tailung]

That is so cool :35:

[PIPhanger]

[B]WEEK 1[/B]

EURUSD Monday

Will update with results at the end of each trading day

Can you see if you can make this larger? Even though I know what your doing it would just make it a little easier on the eyes…Thanks

[sladhaFX]

Can you see if you can make this larger? Even though I know what your doing it would just make it a little easier on the eyes…Thanks

Just click the link immediately under the image.