ICT Homework Thread May 4th - 9th, 2014


Status
Not open for further replies.

ovidiux

Well-Known Member
how's your live feed from the turning point webinar? mine is choppy even on my 20mbps isp connection :(
 

TopFroxx

Well-Known Member
ovidiux said:
how's your live feed from the turning point webinar? mine is choppy even if i have 24mbps isp connection :(
was the same here. closed it after a a few minutes. waiting for the recordings
 

kate682

Well-Known Member
Finally I can see the reasons why price turned where it did. Have never been able to work out why previously that prices suddenly about turn! Yes yes yes! Sorry for being overly excited, its just light-bulbs going off. Ha, maybe i'll move up from my self-enforced £0.10pence a point account!

Micheal, thank you so much. My understanding has just gone up several levels. I have been searching so long to try and understand the why's of the markets. I am a previous indicator queen, knocked firmly off the pedestal. With help from Tro (@therumpledone) as well.

Wow, what a trading idiot i've been :)

hugs
Kate
x
 

Attachments

kate682

Well-Known Member
Gold

I'll post this, however i've set it up as a buy set up, but weekly, daily in sell mode. I need to think about how to do it round the other way. The buy entry is not within std dev by a long way, or within adr. On the HTF we are mid range/consolidation, (where 90% of traders lose money ICT quotes :) ). In situations like this, I am concluding that we can trade the 10 pip strategy above a 40 pip range. Going to have a go at doing a 5 min range trade chart.
 

Attachments

TheRumpledOne

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
kate682 said:
Finally I can see the reasons why price turned where it did. Have never been able to work out why previously that prices suddenly about turn! Yes yes yes! Sorry for being overly excited, its just light-bulbs going off. Ha, maybe i'll move up from my self-enforced £0.10pence a point account!

Micheal, thank you so much. My understanding has just gone up several levels. I have been searching so long to try and understand the why's of the markets. I am a previous indicator queen, knocked firmly off the pedestal. With help from Tro (@therumpledone) as well.

Wow, what a trading idiot i've been :)

hugs
Kate
x
Happy to see it is working for you.
 

AusDoc

Well-Known Member
@sqa

I have watched many hours of ICT's videos (and loved them, so rich...) but am a little vague on those rectangles you have placed above and below PA. Since they look just like ICT uses them would you mind explaining them please?
 

sqa

Village Scribe
AusDoc said:
@sqa

I have watched many hours of ICT's videos (and loved them, so rich...) but am a little vague on those rectangles you have placed above and below PA. Since they look just like ICT uses them would you mind explaining them please?
Double stack of Dealer's Range. Japanese Bank Holidays on Monday & Tuesday, so the Dealer's Range is running around 12 pips. The daily move is still going to be around 40, so I just go up to 2 standard deviations. These are the types of days I don't trade, but still doing my Homework.

There's a relation to the expected daily action by the Dealer's Range setup, but that's for latter. As in, I don't have it all figured out, but it's starting to make sense.

Edit: The money teaching, even if the presentation is awkward. (which is amazing, as it flowed really well in just Chat & Real-time)
http://theinnercircletrader.com/videos/Central_Bank_Dealers_Range.mp4
 

AusDoc

Well-Known Member
@sqa

A million thanks. Yes, I haven't quite gotten a hold of that dealer's range concept and application yet. Perhaps a video on that specific topic will help. Thanks for the pointer (the link fails but I'll search for that title).
 

sqa

Village Scribe
Umm... hrmm... yeah, the link isn't working.

That's kind of bad, actually. As that's the pure insight teaching ICT has been doing for the last two weeks.

Then again, his website just randomly breaks (he's paying someone to give him a better one, but it'll be a bit. "ICT Time" and all that. :) )
 
Status
Not open for further replies.

Top