Hi Dekk,
Just using the yield chart you posted up I see a couple of divergences that may prove useful in the coming days / weeks.
First chart you can clearly see GER / UK rallying whilst the dollar fails to make a higher high. In the second chart we can clearly see UK making a higher high with...
Haha! Yes, I've also noticed many times that the COT appears to do the opposite. I think it is a good future prediction of where the markets could head but many times its given me confusing signals!! :o Anyone else got some good views on this?
Re: Pop Quiz Scout Sniper Basic Field Guide - InnerCircleTrader
They look suspiciously like points of origin but I'm having trouble seeing exactly how you came to have these specific price blocks. Would you be able to draw your lines where the shift in market structure happens to help clarify...
Thanks Piper and Foreigner :)
Both your answers do make sense... I think I just need to go back over some past price action and train my eye a little better ;)
Back to the charts...
Hi all,
Have been away so first post in a while and unfortunately is another question. Hopefully I can contribute to the forum a bit more constructively in the future.
Anyway, at the end of ICT's latest video (Ep 4) he showed the following slide. Is someone able to explain to me why market...
Hi all,
This question might come a bit out of left field (in the context of current forum) but it was in one of ICT's earlier video's - regarding using barcharts.com (or any such service) to check the open interest and the Commercial positions. He mentioned setting the chart - can be a currency...
Thanks again jinirav75,
You're information is really useful. To be honest I don't know enough about the SMT Divergence theories though, so need to do a bit of homework there ;)
I'm just glad I was able to see the market down turn before it happened - baby steps, baby steps :)
Thanks again
A
Thanks jinirav75,
I really appreciate the explanation and screenshot :)
Sorry for another question but what made you feel there was weakness at that level? Only reason I ask is that I was also able to predict a decline in the euro but when I see price trading to a previous SR level I worry it's...
Hi jinirav75,
I'm interested in learning what you used as your entry signal to enter at that price. I see a possible OTE drawn from high (1.3408) to low (1.3354)?
Cheers