Scout Sniper Basic Field Guide - InnerCircleTrader

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walshman

ICT has shown me PATIENCE is the KEY!
StackingPip said:
I have a similar projection. I really think that the market may reverse this week. We have hit the 62% retracement on the Daily. If we look at 'it without considering the wick, it is an OTE for short.

Now, my question to the market is the following:

- Will you rally up and make a false breakout or Turtle soup pattern?
- Will you just simply head for lower level?

I guest LO will show the momentum on monday.

Seb
My thought was that we would possible drop to below 1.3600 to nail stops below and then up to nail the stops above 1.3800. ;)
>:D I think this is called a Judas swing? >:D
 

Piptricia

Member
Hi guys! :)

May I ask: Who of you is already trading profitably? How did you learn ICT's concepts? I don't know where to start and how to do it. How did you guys learn and use all the things ICT teaches? Has anyone of you written a trading plan with trading systems according to ICT's teachings?
He is obviously a very good trader and I would love to learn all the things he teached and teaches, because I am sure that I will become profitable once I learned his concepts. ;)

Thanks a lot for your advice! :count:
 

Kuzia

Well-Known Member
Piptricia to all ur answers I answered YES. ICT is not a good teacher... he is genius :) idk how he came up with ideas and understanding of what big boys are doing but when I see how other ppl trade with trendlines and indicators im just laughing. Well I started from the basics back in the day in babypips school and then straight to ICT school. I would suggest you do the same. It took me some time to understand all the concepts but now I feel unstoppable lol. Anyway good luck on your journey and don't listen to other ppl and do your own research and studying ;)
 

Hopiplaka

My thanks go out to ICT - the life changer
Hopiplaka said:
Great graphs Walshman. I'm with you. I thought we were going to see the stop run @ 1.3680 last week during NFP, but I guess we'll have to wait a bit longer :)

Almost there. Today we might see a classic LO Sell or Z-day. Clear (some of )the Asian range stops low (1.3650/60 is a region on my radar), move towards 1.3685/1.3690 region and move lower.
Possibly a false swing higher to confirm the downtrend.
 

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Hopiplaka

My thanks go out to ICT - the life changer
Piptricia said:
Hi guys! :)

May I ask: Who of you is already trading profitably? How did you learn ICT's concepts? I don't know where to start and how to do it. How did you guys learn and use all the things ICT teaches? Has anyone of you written a trading plan with trading systems according to ICT's teachings?
He is obviously a very good trader and I would love to learn all the things he teached and teaches, because I am sure that I will become profitable once I learned his concepts. ;)

Thanks a lot for your advice! :count:
After 2 years of continuous learning - just Like Kuzia, first babypips school afterwards ICT school, I can't say I'm doing too bad. But it has been a though ride to say the least ;D

And I'm rewatching some of the (to me key) video's every one to two months.

I'm not saying you need to put all the vids on your iPhone and let it play during your sleep to let him enter your subconscious mind, but I came close :eek:
 

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Hopiplaka

My thanks go out to ICT - the life changer
Hopiplaka said:
Almost there. Today we might see a classic LO Sell or Z-day. Clear (some of )the Asian range stops low (1.3650/60 is a region on my radar), move towards 1.3685/1.3690 region and move lower.
Possibly a false swing higher to confirm the downtrend.
And this I consider the end of the MMBM. Now, I'll wait for a nice sell signal, i.e. a false swing higher and break in MS
 

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Hopiplaka

My thanks go out to ICT - the life changer
Hopiplaka said:
And this I consider the end of the MMBM. Now, I'll wait for a nice sell signal, i.e. a false swing higher and break in MS

Bigfoot left his trail... Short from now on
 

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foreigner

Est. 12480 Hours and Counting
I was short up 40 pips but closed out at b/e following the strong hourly close.

Either Ive been manipulated or theres liquidity 85-90 that the market still wants.

I dont think we'll see the move until Thursday..
 

Hopiplaka

My thanks go out to ICT - the life changer
foreigner said:
I was short up 40 pips but closed out at b/e following the strong hourly close.

Either Ive been manipulated or theres liquidity 85-90 that the market still wants.

I dont think we'll see the move until Thursday..

MM Sell program on the 5 min combined with SR. But overall bearish, they just want more shorts
 

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Simr

Well-Known Member
Anyone noticed the footprint ?.. USDX did not make a lower low.. but GU made a higher high whilst EU did not break LO high...

Same with EJ and GJ..

Cheers.
 

Piptricia

Member
Kuzia said:
Piptricia to all ur answers I answered YES. ICT is not a good teacher... he is genius :) idk how he came up with ideas and understanding of what big boys are doing but when I see how other ppl trade with trendlines and indicators im just laughing. Well I started from the basics back in the day in babypips school and then straight to ICT school. I would suggest you do the same. It took me some time to understand all the concepts but now I feel unstoppable lol. Anyway good luck on your journey and don't listen to other ppl and do your own research and studying ;)

Hi Kuzia, thanks a lot for your answer! :) GLGT! :thumbsup:
 

Piptricia

Member
Hopiplaka said:
After 2 years of continuous learning - just Like Kuzia, first babypips school afterwards ICT school, I can't say I'm doing too bad. But it has been a though ride to say the least ;D

And I'm rewatching some of the (to me key) video's every one to two months.

I'm not saying you need to put all the vids on your iPhone and let it play during your sleep to let him enter your subconscious mind, but I came close :eek:

Hi Hopiplaka!

Thank you very much for your answer! Great results! :thumbsup: GLGT! :)
 

sqa

Village Scribe
At its basis, ICT's methods is derived Psychology, overlaid on the "logic of the system".

Which is a fancy way of saying "ICT has spent a lot of time looking at graphs, realizes that Commercial Traders move the Market, so he looks at *how* and *in what ways* they do." Which means the system is based on finding what "is not there" rather than reading "what is there". This is why the OTEs exist and will *always* exist.

On specific pairs, if anyone is a USDJPY or GBPJPY trader, I'm looking for a retracement down to 101.50 (USDJPY) sometime this week, likely NYO or London Close Wednesday. The fundamentals are for a lower Yen, stronger (mildly) dollar for the time being. The Commercials bought up everything between 100.80 & 101.00, so they won't want it to go back down below 101.50 range. The next upper pocket of Liquidity is around 103.50, so there's some work to get back up there. (GBPJPY has lined up with the USDJPY this week, which is why I mentioned it. That spike in Oil prices at the end of Last Week is doing a lot of the work.)
 

roland_s

New Member
This is what I'd like to call ICT's typical "One Shot, One Kill"....
Closing out my last portion of the trade. I think 300 pips is more than enough. >:D
Thank you ICT.
 

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sqa

Village Scribe
For reasons of "not chasing price" practice, I didn't actually chase the trade, but I called the USDJPY downspike correctly. My setup was all of 9 pips below where it dropped to. Right on time, as well, as it was NYO. Wednesday it consolidated, so the move was Thursday, but I actually got to watch it in real-time.

It's pretty enjoyable to "know" when something is going to happen and camp on it. If anyone thinks ICT doesn't know what he's talking about, I found this after all of 2 weeks. ICT is worth the time to listen to and learn from. Keep up the good work, Mike.

sqa said:
At its basis, ICT's methods is derived Psychology, overlaid on the "logic of the system".

Which is a fancy way of saying "ICT has spent a lot of time looking at graphs, realizes that Commercial Traders move the Market, so he looks at *how* and *in what ways* they do." Which means the system is based on finding what "is not there" rather than reading "what is there". This is why the OTEs exist and will *always* exist.

On specific pairs, if anyone is a USDJPY or GBPJPY trader, I'm looking for a retracement down to 101.50 (USDJPY) sometime this week, likely NYO or London Close Wednesday. The fundamentals are for a lower Yen, stronger (mildly) dollar for the time being. The Commercials bought up everything between 100.80 & 101.00, so they won't want it to go back down below 101.50 range. The next upper pocket of Liquidity is around 103.50, so there's some work to get back up there. (GBPJPY has lined up with the USDJPY this week, which is why I mentioned it. That spike in Oil prices at the end of Last Week is doing a lot of the work.)
 

SLT

Official GDayFX.com Rep
Stops cleared, then go! Trade of the week for me... 200 pips, and keep em comin! 15 pips or 200 pips, i will take any set up that presents itself, large or small.
It was ICT who alerted me to stop raids! and there you have it
 

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