Scout Sniper Basic Field Guide - InnerCircleTrader

FTMO Trader Scouting
ICT high probability price patterns. Tansen is still sharing a torrent file on 4shared with all the ICT vids. The torrent worths its price in gold!!
 
Piper said:
ICT high probability price patterns. Clark is still sharing a torrent file on 4shared with all the ICT vids. The torrent worths its price in gold!!

Link? Or perhaps someone can attach the torrent file here?

Also, torrents are technically a free thing, so being worth it's "price in gold" means 0 oz. :p heh (no worries, I know what you meant)
 
Lol got a point.. But in this case u can translate the megabytes to kg's, not oz's.. :))
https://thepiratebay.sx/torrent/8039253/ICT
 
kongzz said:
Trying longs at the 1.33450 level which was last months high.
Looking at the daily weekly and monthly, structure and flow still seems bullish to me
Also retail traders are extremely short both the EUR and GBP. So to highlight the trade reasons:

1) Bullish market flow and structure on the higher time frame'
2) major S/R level
3) ICT Stinger/Holy Grail setup
4) Possible Weekly low formed yesterday?
5) Very bearish sentiment by retail.
6) SMT Divergence.
7)Pivot Buy zone
8) Market structure broken on USDX so short on retracement at major S/R 81.50 level + ICT Stinger sell signal

let me know what you guys think! :D

-Ivan

*Updated stops moved from -30 pips to -20 pips at break of previous hour high.

*Updated2 50% off at +20pips, stops tighted to -10 pips.

Mmm what do i think?
Probably ur up to a kind of surprise.. But who knows.. ;)
 
U need a torrent client. Try utorrent, it works with macs if i recall correctly.
 
Actually not to sound prudish I don't think Clark Seeds the torrent anymore after the first few got them.

I was the one who uploaded the torrent to 4shared that I know for sure because I shared it with the late comers of BP and people kept badgering me for it
 
brians1128 said:
nope piper .exe file i will run it on pc
thanks for the help man

Very curious as to why all the "CDs" were stored as .exe's.. perhaps they are self extracting archives.

The rest of the archive seems to be in flash or other formats at least.
 
ArtificialTrader said:
What is the ICT stinger / holy grail? Could somebody explain or direct me to a video?

Hi artificial trade,

ICT Stinger is basically a type 1 reversal stochastic divergence(Price makes lower low while indicator makes higher lows, or vice versa) followed by a type 2 trend following stochastic divergence (Price makes higher lows while indicator makes lower lows.

ICT Holy Grail setup is a Type 2 Trend following stochastic divergence with confluence of OTE.

attached a file of an example of an ICT Stinger.
 

Attachments

  • Capture3.PNG
    Capture3.PNG
    34.3 KB · Views: 198
Piper said:
Mmm what do i think?
Probably ur up to a kind of surprise.. But who knows.. ;)

Got stopped out on the remaining lol...

just following ICT's main principal...

Only take trades at supports or resistance and give precedence to the HTF.
 
Tansen said:
Actually not to sound prudish I don't think Clark Seeds the torrent anymore after the first few got them.

I was the one who uploaded the torrent to 4shared that I know for sure because I shared it with the late comers of BP and people kept badgering me for it

Stand corrected.
Not prudent at all.Where credit's due,should be given. ;)
 
foreigner said:
Yes but what am I looking at specifically? can you give one example to study?

Hi Foreigner,

Go to this site: http://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalCompressed/index.htm

Now download this:
ranp61.png


Extract and open the excel file. Click the arrow in the top left corner to select all cells. Double click in between two columns to automatically adjust the width of the columns so that you can see what is written in the header:
2rr8c1y.png


Now delete all the unwanted cells and columns:
2z6gpab.png


These columns are all that you need to see:
2vnfjfq.png


I have prepared one for you where I have removed everything but GBP USDx and EUR and deleted all the other columns. You can download it here: http://www.files.com/shared/521eebf151495/Example.xls

Now look at the dates and compare how positions are opened then in the next week closed and compare the data between the currency pairs. You should now be able to see what I am saying by how you can actually see how they move the money around. Also note that they sometimes open new positions in the opposite direction before taking profits on their old ones. You can download the history all the way back to 1986 so feel free to dive into this if you want.

This is the only REAL indicator in the markets that I know of. I would love to find another one :) This is not a SMA or Stochastic. It is real money being moved around by the commercials. You can set bar chart up this way to get a visual presentation on this data: http://www.barchart.com/chart.php?sym=E6U13&style=technical&template=&p=WN&d=L&sd=&ed=&size=M&log=0&t=CANDLE&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=COTLC%2813369344%2C26112%2C153%29&chartindicator_2_code=COTLC&chartindicator_2_param_0=13369344&chartindicator_2_param_1=26112&chartindicator_2_param_2=153&addindicator=&submitted=1&fpage=&txtDate=

If you are still unclear on the basics, go watch ICT's video: "Trade Forex like the insiders" or go out and get yourself a book by Larry Williams called: "Trade Stocks and Commodities With the Insiders - secrets of the cot report"

I can unfortunately not make sense of these numbers for you, you will have to make sense of them yourself. What I was talking about should be pretty clear to you by now. If it is not, please watch the video a few times and don't skip reading that book. If you have done that and still have questions then please ask, there might be people around here that know allot more about it than I do.

I hope you use this wisely as I think it's the most powerful tool in the forex market.

All the best to you,

Sybrand
 
jinirav75 said:
So now we have MS in our favour too! In anticipation of this price action I sold Euro @ 1.3387 and aiming to close around 1.3230 level and IMHO this is the price level MMP sell model started it's operation. Thoughts?
The anticipated price level is now tagged and the MMP sell model is now complete. Watching similar price action and thanks to ICT for the insights!
 
jinirav75 said:
The anticipated price level is now tagged and the MMP sell model is now complete. Watching similar price action and thanks to ICT for the insights!

Below 1.32 will be the end of the mmp
 
Sybrand I cant thank you enough for taking the time to explain your insights on the COT.

I can clearly see the change in net position of an instrument which is reflected on the line chart.

However, I cant see what you mean by money flowing between currencies, or, how you determine if they are positioning prior to taking profits, could you give me an example of this?

Many Thanks
 
foreigner said:
Sybrand I cant thank you enough for taking the time to explain your insights on the COT.

I can clearly see the change in net position of an instrument which is reflected on the line chart.

However, I cant see what you mean by money flowing between currencies, or, how you determine if they are positioning prior to taking profits, could you give me an example of this?

Many Thanks

Just look at how they close positions and open it in other currency pairs, that's all. For example: a -2000 in short positions on the USD and then +2000 Short positions on the EUR. or a -2000 in short positions on the eur and a +2000 long positions on the eur. This might happen over a period of 1-3 weeks. Our trading should happen when we see a big transfer of money between the USD and other pairs or when they start to enter into a net long or short position for the last 6-12 months.

Please go watch those videos again and see if you can get your hands on a copy of that book. I might be wrong but this is actually where SMT Divergence comes from. They start to short the GBP so the EUR continues to make a higher high but the GBP doesn't. If that confirms the COT data then BAM you have an invisible screen seeing right through the market!

Compare the GBPUSD and EURUSD using your price chart looking at weekly or zoomed out daily candles. Compare the last two swing highs that we had. Did that confirm anything on the COT data? (Please answer this question, it is not rhetorical hahahah) Once you have that answer you'll know what you are looking for.

PS: Try to find it 1st but if you are really having trouble to see it then I'll add some screen shots. Just keep in mind that I have learnt all of this from watching ICT's videos and he will probably get to these things in his next editions of videos. He/His videos will explain these things allot better than I can and it is best to stick to that before going in too deep into something that can be as simple as a line running above or below 0. Actually there is nothing more to it. It's as simple as that. If you compare the figures, you'll be able to see how the line moves instead of just seeing the line move.

All the best to you,
Sybrand
 
Re: InnerCircleTrader Homework

Here you go Mike, H4, M15 & M30 chart added
 

Attachments

  • 08 31 13 ict project.png
    08 31 13 ict project.png
    41.8 KB · Views: 169
  • 08 31 13 ict project m15.png
    08 31 13 ict project m15.png
    45.3 KB · Views: 119
  • 08 31 13 ict project m15 extra.png
    08 31 13 ict project m15 extra.png
    47.4 KB · Views: 107
  • 08 31 13 ict project m30.png
    08 31 13 ict project m30.png
    51.2 KB · Views: 116
foreigner said:
Sybrand I cant thank you enough for taking the time to explain your insights on the COT.

I can clearly see the change in net position of an instrument which is reflected on the line chart.

However, I cant see what you mean by money flowing between currencies, or, how you determine if they are positioning prior to taking profits, could you give me an example of this?

Many Thanks

I forgot to told you but you can get the weekly data as well on the www.cftc.gov site.

U.S. DOLLAR INDEX: http://www.cftc.gov/dea/futures/deanybtsf.htm

Other currencies: http://www.cftc.gov/dea/futures/deacmesf.htm

Sybrand
 
FTMO Trader Scouting
Back
Top