Scout Sniper Basic Field Guide - InnerCircleTrader

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Reality check! Fiber was hitting me right between the eyes making that move up. It was my psychological symptom to decide it's going down and could not see this coming. I'm curious to know was this something I should have anticipate when looking technically. I was blind to this.. or is it just me.. ???

2days.jpg
 
AUDUSD - inverted fib levels from major high to low, look how price reacted around the major fib points on a lower time frame, happens all the time :))
 

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Skipper said:
Reality check! Fiber was hitting me right between the eyes making that move up. It was my psychological symptom to decide it's going down and could not see this coming. I'm curious to know was this something I should have anticipate when looking technically. I was blind to this.. or is it just me.. ???

2days.jpg

Well, it was an entry just demonstrated in the weekly market review video of 20 October :)

First determine a good SR line, which in this case was a hidden OTE @ 1.3620, just touched the 61,8% retracement on the 4H.
You could also use the swing point of last Thursday @ 1.3637, which would give you the 79% retracement.
See attachment 22oct13_4H.png

Next, determine entry point @ 1H, but the ideal entry was in Asia.
See attachment 22oct13_1H.png

So zoom in to the 15 MIN to get in line with the Kill Zone. A beautiful entry was in the London Open:
See attachment 22oct13_15M.png

Take profit was determined on the 4H using the fib extension tool, 1.3780 was a nice figure to get out.
 

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Hopiplaka said:
Well, it was an entry just demonstrated in the weekly market review video of 20 October :)

First determine a good SR line, which in this case was a hidden OTE @ 1.3620, just touched the 61,8% retracement on the 4H.
You could also use the swing point of last Thursday @ 1.3637, which would give you the 79% retracement.
See attachment 22oct13_4H.png

Next, determine entry point @ 1H, but the ideal entry was in Asia.
See attachment 22oct13_1H.png

So zoom in to the 15 MIN to get in line with the Kill Zone. A beautiful entry was in the London Open:
See attachment 22oct13_15M.png

Take profit was determined on the 4H using the fib extension tool, 1.3780 was a nice figure to get out.

Thank you for comprehensive presentation, just what I needed :thumbsup: I will study this and try to get my self-esteem back.
 
Left To Right No Buying No Buying New Order Block Stop Take.

EURUSD 1Hr
EURUSD_zps5be1d93a.jpg


The only thing I dont like about it is that its counter trend so dont expect it to go to hell as Michael says..
 
foreigner said:
Left To Right No Buying No Buying New Order Block Stop Take.

EURUSD 1Hr
EURUSD_zps5be1d93a.jpg


The only thing I dont like about it is that its counter trend so dont expect it to go to hell as Michael says..
I am tracking the same thing :thumbsup:
 
walshman said:
I am tracking the same thing :thumbsup:

Feel free to like the post and follow me on Twitter and Facebook. 8)

Just Kidding :-\

Im in no doubt that the level is very clean and will be raided at some point so I wouldnt marry it..
 
USDJPY - This simple triangle wedge chart i labeled out on the 5th of this month, is actually playing out in the Yen, see before and after charts. So has the sell off just begun to below 0.94? before the next big move to the upside starts, breaking 103.00. The way i see it is, the dollar is selling off fast, in order to make a bigger move to the upside longer term. The ongoing rally from 2011 has been pretty quick, and could prove to resume its move to the upside thinking forward...

This bloke is on the ball, when it comes to fundamentals

http://www.youtube.com/watch?v=5AzUGJxMNHo
 

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the 3 way correction at this point, could provide another short term push to the upside, see what it tells us off this block
 

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Will it ? the high for the week could be in place though...
 

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Do you see what i see? one of the Euro pairs...

Daily MA moving up, clean lines of resistance broken through, break out of trend line, shape of a bull flag, hmmm, it could be a gun!
 
Tansen said:
It`s more of a turtle soup sweep, We had a Z-day Wednesday and that little slip above was the result of a consolidation break
Whatever it is its looking promising on the hourly... Shame about the time of week though.

EURUSD1hour_zpse8bd2273.jpg
 
Remember this chart :eek:

Before and After
 

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Cable - Just some small trades with a 50 pip stop loss would have grabbed you some nice trades off these levels in the past weeks, i grabbed a short this week gone, on cable
 

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