GdayFX Price Action Cycles - Day Trades

SLT

Official GDayFX.com Rep
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
 
Re: GdayFX Price Action Cycles Pip Surfin

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

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Re: todays EURJPY trade

EURJPY trade
 

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Re: GdayFX Price Action Cycles EURJPY

EW meets block, meets first extension :thumbsup:
 

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

GBPJPY
 

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

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Re: Fiber Short

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

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Re: Fiber Short

GdayFx said:
Decided to short Fiber due to this set up... also short EURJPY

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.
 
GdayFx said:
Who can tell me what the arrow to the left, or the resistance level is kind of representing?
What happened around those levels where price bounced from?

http://fxgears.com/forum/index.php?action=dlattach;topic=140.0;attach=2551;image

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?
 
sqa said:
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?

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
 
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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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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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?
 
omfx said:
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?

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