ICT Homework Thread June 22nd-July 4th

Discussion in 'Systems and Methods' started by Tansen, Jun 23, 2014.

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  1. Tansen

    Tansen Well-Known Member

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  2. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    closed my cable short today around ADR at 1.697.

    will be watching tomorrow morning 1.695 for a long.
     
  3. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    AUDUSD - do you consider this a break of MS?

    It runs up into resistance (previous support) and makes a low followed by a second lower low. Wondering if this qualifies. Took the short from .9367 which is 61.8 retrace from previous high on 15m TF.

    Edit: it is 15 mins before USD news release i.e. maybe not the best time but let's see
     

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  4. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    So maybe it wasn't (stopped). Does look like retest of .9388 high.

    Cable long from 1.6957 working though
     
  5. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    Couldn't find much on USDCAD tweet from Michael around 1.0750

    Couple of things I do think I see here:
    1) USDCAD hovering above support 1.07 area
    2) There's a daily buy order block we are entering (in blue)
    3) Could do a reflection pattern to pick the bottom (brown smaller box)
    4) It is at the 79% line from 1.0566 to highs
     

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  6. ovidiux

    ovidiux Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    I think he meant we could've sold at 1.075
    A reversal tomorrow would be nice :)
     

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  7. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    Brings me to the topic I don't completely understand. It looks like USDCAD breaks market structure after that bounce meaning we could be in for a reversal.

    But as my AUDUSD post from this morning shows, this MS is somewhat elusive still for me.
     
  8. ovidiux

    ovidiux Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    I'm not so good at following steep trends (or at english :) )
    I allways wait for price to retrace deeper. Looking at your picture with the AUDUSD, I would've traded short only up near previous day's high, at 0.9400 or 0.9420, not at the bottom of the range.. if you watch the 1H chart (0.9444-0.9320).
    The price would've likely stopped going down beyond the june 18th consolidation.
    For market structure, I watch for the bigger swings to be broken, the ones I see easily without the fractal indicator (1H chart maybe), and then I watch on the left side to see if price has room to move or could pause or reverse in some kind of consolidation or key s/r level
    The difference between market structure broken and fakeouts, I still find it difficult to see..
     
  9. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    Thanks for your insights. I see your points regarding retrace and consolidation. Will watch out for that next time.
     
  10. sakib717

    sakib717 Never apologize for confidence...

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    Re: ICT Homework Thread June 22nd-27th

    Looks like USD index in support............
     

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  11. Tarri

    Tarri Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    Looks like MM buy model on 15 min TF. Expect the highs to be taken. Can't say when but if I see a sharp sell off during LO will be looking to get long.
     

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  12. sqa

    sqa Village Scribe

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    Re: ICT Homework Thread June 22nd-27th

    I'll run together everything a bit later, but this is "this weeks" work. Though this is mostly just in case I don't delete it like I tried to last week... :eek:

    ICT Homework - Week 4


    #2:

    Monday: 2:00 EDT/6:00 GMT
    Tuesday: 3:30 EDT/7:30 GMT



    #3:

    Wednesday: 3:00 EDT/7:00 GMT & 4:15/8:15 (Identical on my feed)
    Thursday: 3:15 EDT/7:15 GMT



    #4:

    Low: Wednesday, 3:00 EDT/7:00 GMT & 4:15/8:15


    #5:

    High: Thursday, 23:45 EDT / 3:45 GMT


    #6:

    Monday, Tuesday



    #7:

    wednesday, Thursday


    #8:

    Monday: 8:30 EDT
    Tuesday: 12:15 EDT


    #9:

    Wednesday: 8:45 EDT
    Thursday: 8:45 EDT or 23:45 EDT (something weird that Asian Session)

    #10:

    See Picture.

    #13:

    100 Pips on the week.

    #14:

    Monday: 46%
    Tuesday: 66%
    Wednesday: 52%
    Thursday: 82%
    Friday: 39%
     

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  13. markkus22

    markkus22 Follow your dreams ALWAYS .......

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    Re: ICT Homework Thread June 22nd-27th

    Last week of Cable's Drill..
     

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  14. fredfresh

    fredfresh Well-Known Member

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    Re: ICT Homework Thread June 22nd-27th

    Here's my data.
    Since none would be able to read my handwriting I re-did the thing digitally.
    Please allow for a nice margin of error, as I was fighting a mean flu these past few weeks.

    I don't see, at this point, if I learned anything drastically new from this exercise.. but it did proof many of the things ICT has taught us these past few years about killzones and Tuesday-Thursday having the biggest likelihood for nice moves..

    edit:
    I can't seem to get my attachments posted... how do you guys do that?

    edit2: agh now I got it;)
     

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  15. sakib717

    sakib717 Never apologize for confidence...

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    Re: ICT Homework Thread June 22nd-27th

    whats happened in cable ? really weird to me...................can anyone explain it ?
     
  16. Hopiplaka

    Hopiplaka My thanks go out to ICT - the life changer

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    Re: ICT Homework Thread June 22nd-27th

     

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  17. Roaray

    Roaray Member

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    Re: ICT Homework Thread June 22nd-27th

    Hi Everybody, here is my take on the homework. Some of the things are quite subjective but it's the same for everybody.
     

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  18. sakib717

    sakib717 Never apologize for confidence...

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    Re: ICT Homework Thread June 22nd-27th

    thanks Hopiplaka but i was wondering usd index in support and this swing will weaken in 162 %
    so i was targeting 50 level for sell, also CDR 3 STD were there..... i was expecting to go lower but its growing higher ! you know why its happening ?
     
  19. Hopiplaka

    Hopiplaka My thanks go out to ICT - the life changer

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    Re: ICT Homework Thread June 22nd-27th

    Hi Sakib717,

    Unfortunately I cannot answer that one :)

    My goal is to go with the flow, so I'm not trying to pick tops/bottoms anymore. I've burned myself way too much in the past doing that :)
    So I just go with the 9/18 ema in most cases. This was a nice example, Wednesday low, order block, ote area, ...
     
  20. markkus22

    markkus22 Follow your dreams ALWAYS .......

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    Re: ICT Homework Thread June 22nd-27th

    Hi everybody,

    What do u think, am I dreaming or we see a possible mk maker sell model in place at Cable 1H Chart? Cons : just made a new fresh high at early LO 1,71783. :eek:
     

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