Got an entry today at 1.6807, tp is TP1 (127 ext) @ 1.6630-40.Hopiplaka said:USDx cleaned the stops. 1H Market structure was broken.
We might see a retrace to 80.40 and continue higher, meaning a Judas sell swing up for GU/EU and than down remainder of the week.
See that small order block 26th of May act as support?
Also the 90% kill level, I remember ICT talked about it in one of his earlier video's (2012).
See how the KILL zone aligns with the 50% of the order block, which he like to see respected?
Hopiplaka said:Got an entry today at 1.6807, tp is TP1 (127 ext) @ 1.6630-40.
See the Market Maker Sell Model on the GU, together with the yearly dealer range indi
The yearly indi is just a concept I came up with,based on the CBDR. I apply it to a weekly, monthly and yearly basis. It's pretty accurate.Simr said:Hi ,
I dont know wht the yearly dealer range is..... but... on the GU from end jan on D1..there have been only two levels move up.
As I write this...we are moving down from our 2nd MM level.
Would love your opinion on this... Just cos of this concept.... else i have ..1.6422 on the radar.
Chugs said:Took cable short Today 0.5 pips from the high.
Daily order block, OTE, MM sell model, CDR(+1). Thought it was pretty textbook.
Unfortunately couldn't monitor the trade so set TP at CDR(-1).
Still got 34 pips!
When you draw a fib from Monday High to yesterday low, you are in the OTE zone.Tarri said:so we reached 3 STD but no reaction. We had SMT divergence during NYO. Looks like a bull flag is forming. I'm in the short from 1.679.
Could be one of those instances where the tools just don't work or I missed something.
Price tends to move back to the weekly opening price in the middle of the week, which is 1.6804.Tarri said:Indeed might still pan out. Trying to do day trades therefore was expecting more of a reaction.