ICT concepts applied to the AUD/USD

Discussion in 'Systems and Methods' started by fxsailor, Mar 29, 2015.

  1. fxsailor

    fxsailor Member

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    In MM6 ICT mentioned that the AUD has more activity during the Asian session. I have not looked the AUD very much.

    To apply ICT concepts to the AUD what could you use for a correlated pair SMT divergence? Would the Yen be the other pair?

    Is the Asian session where the major move can happen? (sort of like GBP and London open)

    What should be expected during other kill zones?
     
  2. sqa

    sqa Village Scribe

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    AUD & NZD are the highest correlated of the Majors.

    AUD, NZD & JPY are the pairs that do their major setups in the CDR/AR period for the day. Though there is the occasional late London Reversal. (You'd expect reversals in NYO, generally, as that's the "end of the day" for the pair)
     
  3. fxsailor

    fxsailor Member

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    Thanks Sqa,

    I had not thought of the NZD as a major because most people don't talk about it much.
    I will watch to see for manipulation similar to the GBP and EUR.
     
  4. SLT

    SLT Official GDayFX.com Rep

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    For multiple ways to look at Ozzy using correlation, yeah what sqa said kiwi & also AJ & USDOLLAR from fxcm
    this chart shows the USDOLLAR correlation inverted to AUDUSD, look at the divergence lines, though make sure you use other factors also,
    before taking any trades on this concept. I am Short at the Red circle, today Asia CDR
     

    Attached Files:

  5. walshman

    walshman ICT has shown me PATIENCE is the KEY!

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    Nice trade Dan :thumbsup: :thumbsup:
     
  6. osirus210

    osirus210 New Member

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    Hey Man that is a very good trade I really like the way you applied the concepts. that is a pattern that I see is starting to show up everyday.
     
  7. manfloy

    manfloy Member

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    really nice charts, very informative keep updating, cheers :thumbsup:
     
  8. Bladefx

    Bladefx New Member

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    Hi SLT
    Do you mind sharing those two custom indicators in the picture 36 correlation
     

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