If you scroll up this forum page you will see a tool bar with chat room tab just underneath the School & Blog tabs. Click on this and it will takes you into a chat room window.
ICT usually tweets his followers to let them know he is in the chat room and he can be follow on Twitter with this tag line @ICT_Babypips. In addition, on Twitter you can set cell phone txt alerts against people you follow this proves to be a very useful tool if you want stay on top things and best of all it’s a free service from Twitter
At last! New S&R levels Mine were a bit off as i can see. Tweaked them, and now focusing more on them. It seems i was sooo into those small levels that completely forgot to stack the HTF. Thanks ICT!
I am stalking the 5900 level for this week to get short…
Obviously we have hit this level today, waiting for LO to get an entry for a short at the high of the day.
I did all my analysis on the Daily Charts and they are telling me we are going to have lower prices.
Need a Judas UP, but would prefer a judas down first and then back up for an OTE right at the 5900 level.
Scoping out SMT and USDX Divergence during or before this trade to get conformation.
I am struggling with ICT’s concepts now for way to long, I am going to start posting all my trades in this thread for hopefully some good feed back and a helpful hand from the experts.
Once I get my entry I will take screenshot and more detail, until then off to bed to rest so I can focus on the trade if we get a setup in the morning.
I took a short last night on the EU… The Daily / 4H gave an OTE at yesterday’s daily high almost hitting the sweet spot to a tee… I entered in at 1.3140, woke up in the night and took off some profit at around +28… Hoping this will be the start to the strong push down to the floor of 1.3000… Could look like a big level to break, i think we’ll get some heavy demand around there:
Big fig
Daily low
Weekly low
Monthly low
Got a big uni presentation to do today so no time to throw a chart in atm, will try get one up later today…
I was just thinking about the judas swing concept and a question came up.
If the big money is raiding stops, it has to put in alot of money to drive price higher --> wouldnt that show in the tick volume indicator as a big bar?
(lets say they want to raid stops on the upside to go lower)
Okay so I dont normally post but thought this may help with me not closing out a trade prematurely if profitable.
Just entered at 9gmt on eu/gu short… hoping to see significant lower prices towards the end of the week. Who knows…
Mate, ive beem having the same problem - enter too soon and get stopped out just before the actual move i look for starts; then for days after my limts dont get triggered trying to avoid the first scenario…
Rinse and repeat
ICT, you were in BP’s chat saying you would not have entered short on the move up in cable. I was curious what your reasoning was. (you had to leave before I could ask) I went short and took a loss obviously. But at the time of my short we were in an OTE sell with good 1 hour USDX bearish divergence. Also we had a stinger on the 1hr at the time with reflection from the previous swing point. short at 15930 resistance level which also had several previous asian range levels. I realize you cant win them all, but just curious what your thoughts were. I realize MF was bullish on all timeframes, but was anticipating a turning point. Maybe too aggressive? Time of day wasnt really ideal for me either. Should I have been patient until a NYO setup?
ICT, it was also interesting to see a 100% move up today (of that big move yesterday on cable), adding it on to that correction resistance flag breakout. At the moment it looks like 100% of that move, time will tell as always.
At last, we are little by little have active one thread instead of 3 ICT observation would make this day super wide range wise. That would me my first giga day :))
Mine were a bit off as i can see. Tweaked them, and now focusing more on them. It seems i was sooo into those small levels that completely forgot to stack the HTF. Thanks ICT!
