Scout Sniper Basic Field Guide - InnerCircleTrader
- Thread starter TheInnerCircleTrader
- Start date
the weekly Trinity is a overbought or oversold concept based on the previous week's range. When price is closer to the top of the range it is most likely overbought. When it is closer to the bottom of the range it is most likely oversold. When price breaks out of the Trinity we look for the 161.8 and 200 extensions as targets. The 127.1 fib can sometimes act as resistance/support as well.
Re: Long Pound
Long Pound - 2 symbols
You can narrow down time frames, to a 1 minute chart entry, hugely reducing your risk...
Hunted the Swissy swing long, with whats called an ending diagonal, down onto a high time frame High, then waited for the pullback bull flag break out, using a 1 minute chart
Long Pound - 2 symbols
You can narrow down time frames, to a 1 minute chart entry, hugely reducing your risk...
Hunted the Swissy swing long, with whats called an ending diagonal, down onto a high time frame High, then waited for the pullback bull flag break out, using a 1 minute chart
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Hello All,
Quick question.
I watched ICT’s Jan 15th webinar where he explains the way stop raids happen. There he talks about how the “highs are clean”, where the stops reside. After the stop raid happen, I can see how the false breakout and then the price goes in the opposite direction. I understand that but I could not understand the concept of “clean highs” where the stops reside. Can someone please let me know how to identify this kind of highs/lows?
Thank you so much for all your help.
Quick question.
I watched ICT’s Jan 15th webinar where he explains the way stop raids happen. There he talks about how the “highs are clean”, where the stops reside. After the stop raid happen, I can see how the false breakout and then the price goes in the opposite direction. I understand that but I could not understand the concept of “clean highs” where the stops reside. Can someone please let me know how to identify this kind of highs/lows?
Thank you so much for all your help.
cskrishna said:
I didn't see it, but clean highs are usually something that just means if you were to draw a line through there and you could potentially guess that "IF" this place is raided or if price goes back to you can expect a bounce but instead it just goes through it to take out the people who were collecting positions there and after their stops get popped they run it the other way knowing that they just grabbed some liquidity from their stops getting triggered.
I'd have to watch the video later to confirm this though... I'm just going off what I remember and the times I've seen him say these highs are too clean.
It's probably referenced in a Seek and destroy module but I don't remember off hand
Tansen said:
Thank you, Tansen.
In this video he exclusively dealt on this subject. He explains “clean highs”, stop raids and how we need to align our trades around these concepts.
I understand what you are saying. ICT also explains in the same way. What I am trying to understand is, how can we identify these levels before the raid happens? Or do we understand that these levels are clean only after the raid happens?
I am thinking aloud here: in the video he explains the characteristics of such raids based on the time it takes and how quickly it gets rejected. Based on this, can we say that those highs are clean? Is this the only way we know that the highs are clean.
Lazy to draw pictures but If u look at week of 3d of February on Fiber you will see lots of stops and they are kinda not far from each other so it looks like "clean" stops and Thursday they were cleaned by the cleaners that what means clean stops, as well check out stops on Cable for this week u can see 3 stops at 1.6735 so I would consider them "clean".
As well this weeks Fiber level 1.3700 looks clean
As well this weeks Fiber level 1.3700 looks clean
Anyone else finding, via ICT methods, that they just "see" moves coming? So far it's only on my main pair (USDJPY), but once I get a feel for the market the pair is inside, it makes a lot of sense what is going on.
The flip side problem I'm having to work through is being very accurate with my Entrance/Exit. I've gotten nailed on a bunch of Judas Swings lately.
The flip side problem I'm having to work through is being very accurate with my Entrance/Exit. I've gotten nailed on a bunch of Judas Swings lately.
Re: ICT tools
Market Maker Buy program completed on the 4H
Failure Swing on the 1H
Divergence in stock market, some failed to make Higher High
Bonds bounced off off the OTE zone and continue to go higher=lower yields=lower foreign currency prices.
So I'm bearish today. I'm considering 1.3760 to be a resistance point, TP 1.3535-1.3560 level (might not come this week, maybe early next week?)
This is my take on it:GdayFx said:
Market Maker Buy program completed on the 4H
Failure Swing on the 1H
Divergence in stock market, some failed to make Higher High
Bonds bounced off off the OTE zone and continue to go higher=lower yields=lower foreign currency prices.
So I'm bearish today. I'm considering 1.3760 to be a resistance point, TP 1.3535-1.3560 level (might not come this week, maybe early next week?)
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