ICT Actual Case Study

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jupiter_peak said:
NU is probably giving a second chance for a short entry thru ID OB.
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It might run until the 0.7782 15M order block, but I think it's a great trade.
Hope the flu is getting better as well.
 
jupiter_peak said:
Next obvious question is: Will it take the lows today? USDx did take out the highs...
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Maybe this answers your question for the very short term?
Also look at the 1H divergence between GU and EU

Puhq0Bwl
 
Hopiplaka said:
Maybe this answers your question for the very short term?
Also look at the 1H divergence between GU and EU

Puhq0Bwl
Click to expand...

Not too sure since EURUSD hs reached a bullish OB on weekly, support and 79.0 retracement level. Therefore, it looks like it could put on a fight.
 

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Hopiplaka said:
Maybe this answers your question for the very short term?
Also look at the 1H divergence between GU and EU

Puhq0Bwl
Click to expand...
Sorry, that's what I ment as well :) Short term bullish prices.

We also reached the ADR for today
 
Hopiplaka said:
Sorry, that's what I ment as well :) Short term bullish prices.

We also reached the ADR for today
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Yes, but unemployment data later on. Notice how banks pushed prices closer to the lows. They usually push prices close to either key support or key resistance to make their moves.

Happens day in, day out.
 
I see a seell model on EURUSD
EURGBP reached a resistance zone and I think will reverse down along with EURUSD
The next level for USDX is up at 87.80

The question is the price wil give another oportunity to sell?

Makes sense? :D
 
I have given up this blog. Might erase it almost all, since I have completely changed my trading style from those days (read the first page on this thread). However, have a look at the predictions I made in 2011:

http://mcapitalmarkets.blogspot.com.br/2011/10/us-dollar-and-commodities.html
 
jupiter_peak said:
I have given up this blog. Might erase it almost all, since I have completely changed my trading style from those days (read the first page on this thread). However, have a look at the predictions I made in 2011:

http://mcapitalmarkets.blogspot.com.br/2011/10/us-dollar-and-commodities.html
Click to expand...

Here is another one. Timing is perhaps the hardest part to be precise about brain exercise and TA. Timing is obviously off. However, everything under way as predicted.

http://mcapitalmarkets.blogspot.com.br/2011/06/is-us-dollar-really-doomed.html?m=1
 
jupiter_peak said:
Anyone short the pound?
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Going into the Week, I was looking for a short above 1.6060. That, obviously, hasn't materialized. But the run of that Swing Low from November 2013 might be a while still.
 
Hopiplaka said:
Sorry, that's what I ment as well :) Short term bullish prices.

We also reached the ADR for today
Click to expand...
Short term bullish prices are over I guess, we hit a 15MIN order block inside the OTE zone
 
Hopiplaka said:
Short term bullish prices are over I guess, we hit a 15MIN order block inside the OTE zone
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I would have entered short if price hit H4 Bearish OB but it never reached it.... GBP/USD on the other hand reached the H4 orderblock and 79% OTE level so a nice sell is in progress.
 
AnDDe said:
I would have entered short if price hit H4 Bearish OB but it never reached it.... GBP/USD on the other hand reached the H4 orderblock and 79% OTE level so a nice sell is in progress.
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I think we have a bull trap setup on GBPUSD similar to the one we had in AUDUSD a few months back. Look at daily and you will see we had a fake breakout south, made a new low. Market structure is bearish. Price is back inside a very tight range. Clean stops above current highs. I would not discard a run to 1.6120 this week for another, perhaps final, sell on GU.
 
AnDDe said:
I would have entered short if price hit H4 Bearish OB but it never reached it.... GBP/USD on the other hand reached the H4 orderblock and 79% OTE level so a nice sell is in progress.
Click to expand...

At least a 2:1 return on that trade already.
 
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