sqa said:It's somewhere between "days before NFP" and "first 5 trading days before NFP" that roughly sets the Monthly range.
DrFeelgood said:Hi Sqa,
Would you have recorded the above 2 webinars please. If yes can you please be kind enough as to share a download link. It would be greatly appreciated.
Thanks.
Much obliged.
Hopiplaka said:Question about SMT divergence.
Looking at the screenshot:
We can see the divergence between the DXY and EU/GU.
EU failed to make a higher high, DXY failed to make a lower low, so they are in sync.
GU made a higher high, so it is the "stronger" pair by definition.
Question: If EU is the weaker pair, why is the GU dropping faster? I thought EU would drop more significantly. Or is GU playing catch up?
So the question remains, should the ideal strategy be to short the stronger pair instead of the weaker pair?
Thanks for the info Foreigner, really appreciate your view on this.foreigner said:I would say yes as the stronger pair just cleared stops.
However, In reality strength and weakness cant be determined anymore than supply and demand, not until its too late that is.
As far as I understand it, divergence is an indication of accumulation/distribution although we can never really know which has been accumulated/distributed using divergence alone, only the subsequent move can prove us right or wrong.
As I see it this is the strength of your B2OB set up, the initial break one and two give a strong indication of what they were accumulating or distributing.
Hopiplaka said:You can find a number of B2OB setups but if it's not around a key SR line, you will be burned (I've noticed )
forexchiq said:Hi All, I'm a newbie to ICT and I'm trying to put together the best way to determine the weekly directional bias. Can anyone with experience with this help me out? I understand about the EMA's and also the importance of having a top down approach but I'm looking at the cable today 2 August 2015 and have no idea or am totally second guessing my use of the tools. Any assistance would be really appreciated!!
forexchiq said:Hi All, I'm a newbie to ICT and I'm trying to put together the best way to determine the weekly directional bias. Can anyone with experience with this help me out? I understand about the EMA's and also the importance of having a top down approach but I'm looking at the cable today 2 August 2015 and have no idea or am totally second guessing my use of the tools. Any assistance would be really appreciated!!
PacnyTuH0 said:If you don't see any clear direction - then there is no clear direction. Don't expect someone else to tell you what to see. The more you practice the more obvious it will become, in any situation.