Scout Sniper Basic Field Guide - InnerCircleTrader

[jack]

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

Well these reports are hella machine readable... I'm going to look up CFTC's republishing rules on them and if it's permitted I might work that data into an 'easy to read' quick reference on this site.

 

[jinirav75]

Well these reports are hella machine readable... I'm going to look up CFTC's republishing rules on them and if it's permitted I might work that data into an 'easy to read' quick reference on this site.

Myfxbook has a new section for Cot data in an easy to read format and we can download historical data in csv format and I find it very useful. Links below.

http://www.myfxbook.com/commitments-of-traders

http://www.myfxbook.com/commitments-of-traders/historical-view/eur

 

[TheInnerCircleTrader]

What makes Markets move?
When do they move?
How can we as Traders anticipate these moves in advance?
What repeating theme exists in these Market moves?

Coming by way of video episode three... Sunday 8pm.

Thanks for your patience. Hectic week.

 

[ArtificialTrader]

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.

Thanks!

 

[Piptricia]

What makes Markets move?
When do they move?
How can we as Traders anticipate these moves in advance?
What repeating theme exists in these Market moves?

Coming by way of video episode three... Sunday 8pm.

Thanks for your patience. Hectic week.

Sounds very interesting! I love this video series!!! Thanks a lot, Michael!

 

[Simr]

My two bit. Just on 4h.

 

[Piper]

My two bit. Just on 4h.

Why would you looking for short? The usdx.In my opinion at least.. If you don't have a daily path of analysis before you start to trade..Well then you are kind of gambling

GLGT

 

[chukzi]

My two bit. Just on 4h.

I saw this as well, my thinking was quite similar although where I decided structure had broken is after the swing you highlighted as structure break was taken out.

Also appears to be broken on the daily with that push down on Friday, leaves me wondering where it may be reaching down for on daily before possibly returning bullish.

Oh and USDx does appear bullish at the moment.

 

[Roaray]

The main swing points occur at 08.00, 12.00 & 16.00GMT (LO, NYO, LC). There are a couple of OTE's to go short after market structure is broken and also 1 OTE to go long against the trend.

 

[dndegwa]

 

[Tansen]

I kinda half assed looked at the charts mainly because I am preoccupied this week until Tuesday, but if history has taught me anything it's to wait and since we had that precipitous drop last week that took out some good lows look @ MS look @ the COT and hunt for tele-tale signs via bonds and then seal the deal with a good planned entry area pending if Asia broke in the particular high or low and/or you picked the right pair to do so.

Also TAKE HEED THE OMINOUS NFP STRIKES FRIDAY

 

[foreigner]

 

[ovidiux]

Hey guys!

do you think fiber will retrace this week back to 1.3300 ?
or if remains below 1.3200, will continue to go lower.. at 1.3000

 

[Tansen]

Hey guys!

do you think fiber will retrace this week back to 1.3300 ?
or if remains below 1.3200, will continue to go lower.. at 1.3000

Don't want to sound snide, but what does your analysis tell you?

 

[David]

Only God and ICT knows that. lol

In my humble opinion, it is possible but at the same time it is dificult if does not retrace the next 4 or 5 h4 candles.

Hey guys!

do you think fiber will retrace this week back to 1.3300 ?
or if remains below 1.3200, will continue to go lower.. at 1.3000

 

[ovidiux]

Don't want to sound snide, but what does your analysis tell you?

Well... the price has aproached an important support level at 1.3200 friday, where has been rejected.
The fact that today it has not made a lower low suggest that price will go higher
We had an OTE also to go long @ 1.3188 but not during a kill zone Or it's not valid because we don't have an actual confluence with 1.32 level and the price is below.. this confuses me :-\
Market structure is down, but the price has fallen too fast and it needs to go back in search for liquidity. Am I right here?
On the other hand i could waaaait for OTE oportunity to go short after it is clear for me that 1.32 level becomes a resistance. ;D

I hope that some of that make sense. Sorry for my english

 

[Kuzia]

Beautiful analysis by chukzy, roaray and dndegwa. Ovidiux just trade shorts now, when ull be good and understand the market like ICT you can do longs, lets start to walk first, then run...

 

[Tansen]

Well... the price has aproached an important support level at 1.3200 friday, where has been rejected.
The fact that today it has not made a lower low suggest that price will go higher
We had an OTE also to go long @ 1.3188 but not during a kill zone Or it's not valid because we don't have an actual confluence with 1.32 level and the price is below.. this confuses me :-\
Market structure is down, but the price has fallen too fast and it needs to go back in search for liquidity. Am I right here?
On the other hand i could waaaait for OTE oportunity to go short after it is clear for me that 1.32 level becomes a resistance. ;D

I hope that some of that make sense. Sorry for my english

Uhh remember the NFP is this week and you'll possibly see a directional move up or down then on the last day BAM that's just one scenario. I am long and short, however its based heavily on the pair, you need to ask which is the better weighted one for shorting and which is the one for going long.

You don't need everyone to agree its just if you feel you have enough evidence to follow a course of action. Just because everyone is going short doesn't always mean you should go long as the old adage "90% of retail traders lose money"

 

[pipsaday]

Hi,

anyone knows if ICT has released the third video? i can't seem to find it on youtube.
thanks.

 

[jinirav75]

Looking at Weekly and Daily, it seems like Euro is now going down towards the 1.2800 level. I am seeing a nice MMP sell model which began it's journey @ 1.2800 level (recall that was during the much anticipated Fed tapering news) and now completed more than half of it's journey and to be completed in the next 2-3 weeks. COT and MS supports my view. Any thoughts?