ICT Homework Thread May 4th - 9th, 2014

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Day 7: Another Japanese Bank Holiday.

And, yes, it put in the ADR by 2 GMT, lol.
 

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May 4 - 9th week's Homework:
[/quote]

This is becoming so much clearer, thanks everyone & Micheal.
 

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how's your live feed from the turning point webinar? mine is choppy even on my 20mbps isp connection :(
 
ovidiux said:
how's your live feed from the turning point webinar? mine is choppy even if i have 24mbps isp connection :(
Click to expand...

was the same here. closed it after a a few minutes. waiting for the recordings
 
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TRO_HOMEWORK indicator updated for MT4 BUILD 600
 
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
 

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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.
 

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Ftse

Last one :). Any suggestions as to what i'm missing out, or mis-interpreting would be appreciated.
 

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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
Click to expand...

Happy to see it is working for you.
 
todays new assignment.
 

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@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?
 
I've been slacking on my homework lately (just like I did in school). Great confluence here. If price returns there during a killzone I'll put on a demo trade
 

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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?
Click to expand...

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
 
@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).
 
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. :) )
 
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