ICT Homework Thread May 18th - 23rd, 2014

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looks like i was wrong on my initial eurusd long. eurusd has now dipped into a 4hour orderblock and its come to the 3rd standard deviation. (for some reason when i switch the 4hour the cdr zones look too big but its correct when i switch to 15min)
 

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I see the same thing... EURUSD H1

70.5% OTE, 1 hr OB just a little away from 300% CDR.
 

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For the GU, I switched to short :)
 

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It seems like a lot of ICT SMT Divergences popping up in recent days for whatever reasons. May be because of low volatility, or may be I didn't look hard enough before, or the "light-bulb" just clicks with ICT's CDR insight and the insights/guidance/tools shared by the awesome members in this forum who studies and applies ICT's tools and concepts to another level. Whatever it is, thank you! :thumbsup:

Here is how I see the ICT SMT divergence on the Fiber and Cable pairs happened in LO session today. I didn't take any of those trades as I normally trade NYO..., there is always another time, another opportunity,...patient, patient, patient. :)
 

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saeedzaman said:
looks like i was wrong on my initial eurusd long. eurusd has now dipped into a 4hour orderblock and its come to the 3rd standard deviation. (for some reason when i switch the 4hour the cdr zones look too big but its correct when i switch to 15min)

To put things in perspective:
We broke the low of March, some clean stops can be seen. The STD3 of the weekly dealer range is at the first level of the reflection pattern.

We might see 1.3580 in my opinion, a clean SR line (red line)
1.3470 if we're pushing really hard :) , maybe at NFP the first Friday of June?
 

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Day 18. News Drops in a few hours, but the important levels are listed. I haven't been listing the daily Order Blocks, as they all line up with the Major-Major HTF levels on the chart.

The CDR could move just a little over the next hour, but it's quite Tight and there is a pretty damn "clean" level right down at the bottom.

I have listed what I would be trading, if I was taking trades. Of course, the Bank of Japan could announce they're raising the interest rate to 3.0% and all hell breaks loose. So it's my "high probability" trade, baring bad puffer fish.
 

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sqa said:
Day 18. News Drops in a few hours, but the important levels are listed. I haven't been listing the daily Order Blocks, as they all line up with the Major-Major HTF levels on the chart.

The CDR could move just a little over the next hour, but it's quite Tight and there is a pretty damn "clean" level right down at the bottom.

I have listed what I would be trading, if I was taking trades. Of course, the Bank of Japan could announce they're raising the interest rate to 3.0% and all hell breaks loose. So it's my "high probability" trade, baring bad puffer fish.

Very impressive sir
X
 
Still interested in these levels for LO.
 

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EU Sell @ 1.3717, TP 1.3580

[list type=decimal]
[*]Sweet spot
[*]1.5 STD
[*]30 MIN Order block
[*]Swing high will be formed, you can pre-see it using CBDR :)
[*]Break of MS to down side
[*]Weekly dealer range High level
[/list]
 

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Hopiplaka said:
EU Sell @ 1.3717, TP 1.3580

[list type=decimal]
[*]Sweet spot
[*]1.5 STD
[*]30 MIN Order block
[*]Swing high will be formed, you can pre-see it using CBDR :)
[*]Break of MS to down side
[*]Weekly dealer range High level
[/list]
Going strong, these are the weekly dealer ranges I'm eyeing
 

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kate682 said:
Very impressive sir
X

Wasn't perfect (especially as I ended up not being at the charts when I wanted to be). They actually made it to the ICT Reflection Pattern "Voodoo" level during London. It was the 1 level (minus strange News) that would stop out that trade. And it would have, but 2 pips. lol.

Such is the nature of things. Was still the right Trade to setup for.
 
Day 19!

Low should be baked in, but this is a big, big order Pairing area (likely for a run up going through to NFP next month). There should be at least a bit more Order Pairing at the major level, see the arrow, but I fully expect some bounding around the levels.

Analysis from yesterday held great, even if I might have gotten stopped out on a "highest possibility" move, which it put in.
 

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GBPUSD H1 gbpjpy H1
 

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Day 20! Completed a full month of no Trades and posting CDR/watching Price Action.

There's some really good retrace levels to come out of the CDR, especially at the 1 to 1.5 Range. I would be hunting longs there.
 

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GBPUSD H1 GBPJPY H1
 

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sqa said:
Day 20! Completed a full month of no Trades and posting CDR/watching Price Action.

There's some really good retrace levels to come out of the CDR, especially at the 1 to 1.5 Range. I would be hunting longs there.

If anyone cares about utility... the USDJPY touched the 1 CDR level, then reversed the other direction 35 pips.
 
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