ICT Homework Thread June 22nd-July 4th

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Re: ICT Homework Thread June 22nd-27th

markkus22 said:
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:
On the other hand, 9/18 EMA still are BUY related
Draw a (hidden) fib from 1.7120 to the high of today, see where the sweet spot is.

Also check out the Hourly order block where you see the bounce in the LO KZ.
Check the low of 2nd of July.

And the fib ext 200% of 18th to 19th of June comes in @ 1.7210

So also a lot of reasons to be long :)
 
Re: ICT Homework Thread June 22nd-27th

Possibly. I would look at it if we break the purple area on the left and then get in when it retraces into this support.

By the way the red line in attachment is the monthly open (on my price feed) which as long as we remain above it I would be bullish.
 

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Re: ICT Homework Thread June 22nd-27th

Hopiplaka said:
On the other hand, 9/18 EMA still are BUY related
Draw a (hidden) fib from 1.7120 to the high of today, see where the sweet spot is.

Also check out the Hourly order block where you see the bounce in the LO KZ.
Check the low of 2nd of July.

And the fib ext 200% of 18th to 19th of June comes in @ 1.7210

So also a lot of reasons to be long :)

Long term Bulish Bias is clear for me, I hope that possible mk maker sell model to drive somewhere around 1,70 level for a better long entry.... ;D
 
Re: ICT Homework Thread June 22nd-27th

Hi Guys,

I was just wondering, based on the the ICT_ADR indicator, how is the ADR high and low of the day calculated ?

I originally thought that the ADR start would would be the origin point and then if say the ADR is 60 then it would be 30 pips on each side of this ADR start area but that is not the case.

Can someone please explain to me how this indicator works? I understand the forumla for how the ADR is calculated but just not just why the High and Low is where it is at.

Cheers.
 
Re: ICT Homework Thread June 22nd-27th

AnDDe said:
Hi Guys,

I was just wondering, based on the the ICT_ADR indicator, how is the ADR high and low of the day calculated ?

I originally thought that the ADR start would would be the origin point and then if say the ADR is 60 then it would be 30 pips on each side of this ADR start area but that is not the case.

Can someone please explain to me how this indicator works? I understand the forumla for how the ADR is calculated but just not just why the High and Low is where it is at.

Cheers.

Hello and welcome AnDDe! :)
 
Forgot, adjusted the title to the 4th.

Time just flew by

2mi3nls.gif


New Thread: http://fxgears.com/forum/index.php?topic=374.new#new
 
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