What Every New & Or Aspiring Forex Trader... Still Wants To Know

[system]

:57:

@Flying_Rhino

Well, sometimes it can fail, but i think that is due to data feed differences between the brokers…one person might have that little wick on the candle that makes the divergence and someone else doesn’t have it. It’s a lot more obvious when you use line charts as they don’t show the wicks. So, line charts can fail more often.
I thought of this “pimping” as of improving or adjusting our beloved filter tool to make it more precise.

So, you talked about that already, hmm? Does that mean i have to invent something else? :17:

[PureMuscle]

@InnerCircleTrader

:57:

Nice, I was just going to ask if you could show that

So who is looking forward to the new week? I know I certainly am!!

I would’ve never thought that I’d ever be excited for Mondays like I am nowadays

[tycoon83]

Hi Michael
so is this the same smt diverence i mention on the 4hr chart?

Hey guys/gals

Just doing a bit of chart studing for the week ahead and have noticed divergence on the 4hr charts between Cable and Fiber. Sorry I cant post the charts here but if you take a quick look at the charts from 6th Jan to now you should be able to see it. Could this suggest we are going to see an itermediate or long term low?

just wondered if anyone else had seen it.

Its going to be an amazing year for us all !!!

[kubio]

@InnerCircleTrader

:57:

Michael, while we are on SMT topic… I was watching an old webinar from the summer earlier today, where you explaining how to use the SMT tool on US stock market. So, I was thinking how would, that concept be ‘‘translated’’ to the UK stock market? Obviously one of the indexes to plot will be FTSE100, but which the other two would be?..
thanks in advance

[Flying_Rhino]

@InnerCircleTrader

:57:

I never leave the house without my killzones, captain.

Btw haven’t noticed this big divergence…nice one

[PeteSchweaty]

Could someone please point me to where the SMT Divergence and tool are talked about?

[sladhaFX]

Nice, I was just going to ask if you could show that

So who is looking forward to the new week? I know I certainly am!!

I would’ve never thought that I’d ever be excited for Mondays like I am nowadays

I sure am.

Just an FYI. US Bank Holiday tomorrow - 1/16 - may affect liquidity & volatility…
Forex Calendar @ Forex Factory

[PIPhanger]

Could someone please point me to where the SMT Divergence and tool are talked about?

Pete, have you been through all the videos on the first page?

[PeteSchweaty]

Pete, have you been through all the videos on the first page?

I haven’t made it through all the pro traders club videos yet. But I thought I watched all the others.

[poca]

Yea USD holiday tommorow, also I can’t see ICTs most recent picture enough to tell what pairs are posted.

[Flying_Rhino]

Yea USD holiday tommorow, also I can’t see ICTs most recent picture enough to tell what pairs are posted.

These are our favourites fibre and cable.

[system]

In case you haven’t done it, I suggest you watch the COT video to find the following info (and more…). You can (only) find it under 4.1 on the front page since the video is unlisted on YouTube. The devil is in the details :48:

• Look at large non-commercial traders (funds etc.). They are trend following so they will be wrong at the edges; they will let the market take them out.
• Commercial large hedgers are best. They know the Supply/Demand situation because they trade on fundamentals. They are selling into the market going higher and buying into the market going lower.

Looking at my notes, large hedgers are those who are currently net long. They are the Smart Money.
We trade with the large non-commercials until the COT data tells us the Smart Money is moving to the other side. That’s when the fundamentals shift.

Comments welcome; hope this helps ! :44:

Thanks for your input, I have watched this video, will re-watch as each time you do this you reinforce what was learned before and notice something else. Your comments re-inforce ICT’s knowledge and helps me learn.

[NeedyPips]

whats the name of the skype group?

This MAY work…

skype:?chat&blob=GcTCAnuoeVlIyrIpcVDkCcQSS2P8t6BhBVQPfv-cpwllNhIstwXmfpU18XUWHaKcdKkMDbfCZrBYqXlyIw

If not I should be able to invite you if I have your skype name.

[NinjaTrader]

Is there a way to search/lookup the skype group, I can’t get that link to work for some reason ??

This MAY work…

skype:?chat&blob=GcTCAnuoeVlIyrIpcVDkCcQSS2P8t6BhBVQPfv-cpwllNhIstwXmfpU18XUWHaKcdKkMDbfCZrBYqXlyIw

If not I should be able to invite you if I have your skype name.

[fury]

Could there possibly be an SMT divergence at the lows? Stay tuned for this mondays London Open.

[NeedyPips]

Is there a way to search/lookup the skype group, I can’t get that link to work for some reason ??

I don’t know why the link fails and can’t figure out what you would search for, but I or any current member should be able to invite given a skype name…

[NinjaTrader]

I just signed up for Skype the name is “ninjatrader1015” if somebody could please invite me…

I don’t know why the link fails and can’t figure out what you would search for, but I or any current member should be able to invite given a skype name…

[system]

I don’t know why the link fails and can’t figure out what you would search for, but I or any current member should be able to invite given a skype name…

Type link in in picture… Won’t get changed posting it then.

[NorwegianBlue]

The link works for others (in browsers other than Chrome). Not for Ninja for some reason.

[NinjaTrader]

Can’t get the Skype link to work the Texans lose to the Ravens this day just sucks…