GdayFX Price Action Cycles - Day Trades

Discussion in 'Systems and Methods' started by SLT, Jan 22, 2014.

  1. SLT

    SLT Official GDayFX.com Rep

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    03 25 14 Twitter Short USDJPY

    03 24 14 Twitter To The power of 2, eurjpy trade

    03 24 14 Twitter

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    My next video will be posted here, i think it might be a well worth watch to anyone who follows Gdayfx. I think this video will help any trader that is having a bit of difficulty, shed some light. The video will highlight areas of your chart, that need to be easily referred to when panning out/higher time frame. Do you end up having to many lines on your chart? only to find out you deleted an important level away from your chart when you needed it? I have done this to many times, so i have created a way for myself to easily refer back in time and find key levels without having a mess on your chart. If you want me to explain this "process" via video, just like this post or Tweet me, and i will do it up ;) 03 23 14

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    03 21 14 Twitter back in the game GBPJPY 70 pip trade, off order Block & Institutional level

    03 18 14 Twitter Short trade EURJPY as of todays video

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    GdayFX Monthly forecast as of 14th March 2014
    Dollar to turn bullish
    EURUSD to turn bearish
    T note Yield bearish
    Gold to turn bearish
    S&P500 trend reversal into bear market


    Twitter posts

    06 03 14 Twitter EURJPY set up

    06 03 14 Twitter USDJPY finds Liquidity Pockets

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    03 03 14 Twitter USDJPY 60 pip buy signal

    02 28 14 Twitter Day trade set ups

    02 28 14 Twitter Aussie monthly levels

    02 27 14 Twitter EURAUD need to see reversal pattern first

    02 24 14 Twitter EURUSD buy into 5 trade example

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    02 23 14 Twitter USDJPY - alternate view from a Buy Signal, very educational chart!!!

    02 21 14 Twitter USDJPY long into 5, might not last long, decided to close out +20 pips

    02 21 14 Twitter EURUSD possible top forming, then turning long term bearish

    02 19 14 Twitter EURUSD poised to extend lower

    02 18 14 Twitter EURJPY Long Update + 100 pips

    02 18 14 Twitter EURJPY Long Update + 70 pips still bullish

    02 17 14 Twitter EURJPY + 40 for the week

    02 15 14 Twitter DJ USDollar

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    02 14 14 Twitter Long 200 pips EURAUD

    02 13 14 Twitter AUDJPY unemployment C Drop, easy stuff when you are tuned in! i wasn't today!

    02 13 14 Twitter EUSTX50

    02 13 14 Twitter USDX

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    02 07 14 Twitter NZDJPY before and after

    02 07 14 Twitter AUDJPY short, Be nice if we found a weekly high

    02 07 14 Twitter GBPNZD long update

    02 07 14 Twitter EUSTX50 Buy signal

    02 07 14 Twitter GBPNZD long

    02 07 14 Twitter was a good long, until i stopped out after lifting stop to high! :p

    02 07 14 Twitter the most over sold chf symbol

    02 06 14 Twitter Aussie on the run, good trade balance, interest rates on hold
     
  2. SLT

    SLT Official GDayFX.com Rep

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    Re: GdayFX Price Action Cycles Pip Surfin

    EURJPY was the best set up out of USDJPY & AUDJPY ending Feb 14
     

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  3. SLT

    SLT Official GDayFX.com Rep

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    Re: todays EURJPY trade

    EURJPY trade
     

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  4. SLT

    SLT Official GDayFX.com Rep

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    Re: GdayFX Price Action Cycles EURJPY

    EW meets block, meets first extension :thumbsup:
     

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  5. SLT

    SLT Official GDayFX.com Rep

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    Re: GdayFX Price Action Cycles GBPJPY 70 pip trade

    GBPJPY 70 pip trade, off order Block & Institutional level
     

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  6. sqa

    sqa Village Scribe

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    Re: GdayFX Price Action Cycles "ICT made me a far better trader"

    I just realized something, thanks Dan.

    I had noticed that each major move creates at least 1 Hidden SR zone. Most can be found by looking back at collection points, but I hadn't realize those areas are going to be confluence points of Fib Extensions + Consolidation. (The point normally drives roughly through an "average" value that's near the Institutional levels) Those'll be a lot easier to find now.

    I know it wasn't your point, but it is something I just noticed. Also, great trade!
     
  7. SLT

    SLT Official GDayFX.com Rep

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    Re: GdayFX Price Action Cycles "ICT made me a far better trader"

    GBPJPY
     

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  8. SLT

    SLT Official GDayFX.com Rep

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    Can you see the Buy signal forming from Wednesday into the Thursday weekly low?
     

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  9. SLT

    SLT Official GDayFX.com Rep

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    Re: Fiber Short

    Decided to short Fiber due to this set up... also short EURJPY
     

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  10. Tansen

    Tansen Well-Known Member

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    Re: Fiber Short

    It punched down quite lower, I took at short on EUR/USD at 1.3841 but I cut it at +15 pips because it was just taking too long lol.
     
  11. SLT

    SLT Official GDayFX.com Rep

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  12. sqa

    sqa Village Scribe

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    First note is that it's a Big Figure, and by the recent Price Action, there is a massive accumulation there.

    So there's actually 3 Order Blocks stacked there, on just that picture. I won't pull up a chart (done for the next day), but I imagine there's also a weekly block there. The Week Open & at least 1 Day open are stacked there. It's also a rejection of a Market Structure shift to the downside. Also looks like a shift into a consolidation, with the rejection to a Retracement.

    I miss anything? Aside from the likelihood of a Central Bank buying around that level?
     
  13. SLT

    SLT Official GDayFX.com Rep

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    I think you found more than i did, Lol
    Also the NZ rate decision was made just after where the left arrow is pointing, creating the big drop.

    I have watched ICT's advanced concepts number 1 now.
    And i can see that when he talks about price reacting to order blocks, there is a "type" of order block that price reacts to very well. he kind of explains what he see's in it, but doesnt really say it. What i mean is, if an order block is created, then price has an Extrapolated move from that area, when price returns to the order block, it has more of a chance to resuming/reacting to the block. So i went to a monthly chart on EURNZD, and can plainly see this happening from the order block highs created last year 2013 Feb & March. Price has reacted exceptionally well to just those two Block High levels, leaving an excellent range. 2013 might have been trying to tell us something about this pair, but i would think price could go much lower again, before becoming a "Buy" market only. So using the ICT Block concept on higher time frames is very useful indeed.
    thanks for the reply! have a great weekend
     
  14. SLT

    SLT Official GDayFX.com Rep

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    Monthly Bull blocks & Bear blocks
    Continuation of the ICT advanced price action concepts series
    Thank you for sharing your tools Michael...!
     

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  15. SLT

    SLT Official GDayFX.com Rep

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    40 pips, first i found the Elliottwave buy signal, then used ICT tools to confirm the Block, clean lines and liquidity, that's what i call a tool box trade, holding the full trade for the 40 pips to the No:4 high
     

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  16. SLT

    SLT Official GDayFX.com Rep

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    EURJPY
     

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  17. SLT

    SLT Official GDayFX.com Rep

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    Re: GdayFX scalping lessons

    How i use liquidity runs and order blocks to scalp the Asia dealing range, and out of.

    Currently long after this video was produced, break even stop

    https://www.youtube.com/watch?v=VGrsUwlXhYw
     

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  18. SLT

    SLT Official GDayFX.com Rep

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    Re: GdayFX scalping lessons

    Back in the game...
     

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  19. omfx

    omfx Well-Known Member

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    G'day Dan,

    That's a great scalping video. I like how you use ICT's concepts to supplement your EW concept. It's much better with the audio. Please keep up with the efforts and thank you for sharing and teaching. Do you have a thread explaining EW concept and how you uses it?

    BTW, can you please explain where did you draw that H4 Order Block from?
     
  20. SLT

    SLT Official GDayFX.com Rep

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    https://www.youtube.com/watch?v=F9_KefmRdvw
     

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