Cable&Fiber: Intraday Setups

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Kuzia said:
On demo account I placed 180 trades today to buy and sell I got even better resuts for show :)

Kuzia said:
And everybody missed the most important concept : SUPPORT AND RESISTANCE by Michael this is where 80% of action happens, and if u think hard enough u will understand that it works because majority of the time u draw them on Bottom OF OB and OTE is 50% of OB. BOOM MAGIC!!!!

Yea.. along with a few hundred entries on demo platforms. We all still waiting for your charts yapping troll queen.

-P
 
Cable Blocks

looks to me like the banks are selling 5700.

stops below this week's low look quite vulnerable, as do the ones below last week's low.
 

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Piper said:
Yea.. along with a few hundred entries on demo platforms. We all still waiting for your charts yapping troll queen.

-P

I thought Im not gonna say anything to you but we can meet up have a pack of doritos and you can suck my dick. hows that for a plan?
 
Awww you sound frustrated.. :'(
Kuzia said:
... you can suck my dick...

So you finally withdraw your demo winnings to finance a sex change ?

-P
 
Kuzia said:
I thought Im not gonna say anything to you but we can meet up have a pack of doritos and you can suck my dick. hows that for a plan?

that light Sabre has the potential to cause significant damage, plan may be cut short
 
Re: Cable Blocks

the golden gun said:
looks to me like the banks are selling 5700.

stops below this week's low look quite vulnerable, as do the ones below last week's low.

yeah, order blocks don't really make sense to me. Which ones work? where in the block does it work? lotsa questions, not a lot of answers.
 
Re: Cable Blocks

the golden gun said:
yeah, order blocks don't really make sense to me. Which ones work? where in the block does it work? lotsa questions, not a lot of answers.
I know what you mean, so many of them fail it's hard to pick out the ones which will work. I guess this is all in the MM Series which was release about 2 months ago...or was it??? I've been falling behind on ICT updates lately.
 
Re: Cable Blocks

PipHanger said:
I know what you mean, so many of them fail it's hard to pick out the ones which will work. I guess this is all in the MM Series which was release about 2 months ago...or was it??? I've been falling behind on ICT updates lately.

I've found some genuine utility for them on the 15m/30m chart. Helps pinpoint low-risk entries for an intraday move. That said, I find it to be a frustrating pursuit on the HTF. Guess I'll stick to my market structure and EMA band.
 
Re: Cable Blocks

the golden gun said:
I've found some genuine utility for them on the 15m/30m chart. Helps pinpoint low-risk entries for an intraday move. That said, I find it to be a frustrating pursuit on the HTF. Guess I'll stick to my market structure and EMA band.

Yeah I have spent pretty much all my time on 1 hour and above setups, that might be some of my issue, but with a job that is what I have to do. I just wish ICT would spend more time going over these order blocks, but that is probably asking to much. Like you said a lot of questions, no one to ask them to, which means no answers.
 
Re: Cable Blocks

PipHanger said:
Yeah I have spent pretty much all my time on 1 hour and above setups, that might be some of my issue, but with a job that is what I have to do. I just wish ICT would spend more time going over these order blocks, but that is probably asking to much. Like you said a lot of questions, no one to ask them to, which means no answers.

all we can do is keep trying though.

I think what really matters is that you control your risk and try to get bigger winners than losers.
 
just look at the higher TF OBs as 'potential' reversal zones, hunting grounds for an entry in line with what you perceive the banks are up to. Like all other tools, by themselves they are meaningless.
 
rod178 said:
just look at the higher TF OBs as 'potential' reversal zones, hunting grounds for an entry in line with what you perceive the banks are up to. Like all other tools, by themselves they are meaningless.

just in theory, the order block concept makes perfect sense. There is serious volume moving around these currency markets, and that is a fact. They need a system to conduct their business and it is now easy to see where they HAVE bought/sold in the past. I guess the grey area comes in assuming they will want to buy/sell that level again when reached...
 
the golden gun said:
just in theory, the order block concept makes perfect sense. There is serious volume moving around these currency markets, and that is a fact. They need a system to conduct their business and it is now easy to see where they HAVE bought/sold in the past. I guess the grey area comes in assuming they will want to buy/sell that level again when reached...

All you can do is endeavor to improve the odds for a potential entry in a higher TF (eg H1 to D1) OB

egs
- look for a lower TF (eg M1 to M15) rejection pattern. The Lower the better, as then less risk.
- wait for an entry at a KSR (eg CBDR, Figure or AR etc) during LOKZ
 
Kuzia said:
Piper I bought 1.5740 on Cable today, what about u?

Happy to hear. So today about the 120th demo trade you succeeded with chasing a trend.. :thumbsup: I hope you bought a lot of monopoly lots ;).

-P
 
Piper hows ur trading going are u doing full time already? when ill be so good as you any ideas? maby u can post some pictures? Pictures of your dinner will be good too its fashionable now and im hungry :(
 
Kuzia said:
... when ill be so good as you any ideas...

When you are going to comprehend that working on additional skills , other than yapping stupid shit without backing it up and being retarded, can be beneficial. Then who knows? You might get somewhere..

-P
 
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