ams_trades
Active Member
... or maybe not. I'm not so sure now! ???
Scout Sniper Basic Field Guide - InnerCircleTrader
- Thread starter TheInnerCircleTrader
- Start date
I have put some chart ideas in this thread http://fxgears.com/forum/index.php/topic,110.msg929.html#msg929
ams_trades said:Another Aussie here that would be very interestedbnj:
http://fxgears.com/forum/index.php/topic,110.msg929.html#msg929
dougl1965 said:
If your doing good, then keep up the good work http://fxgears.com/forum/index.php/topic,110.msg929.html#msg929
Re: EURUSD Scout Sniper Basic Field Guide - InnerCircleTrader
EURUSD - Along with order flow blocks, triangle consolidations act as future support and resistance points, sometimes going beyond the point of reaction, then returning to apply an OTE from a fib point taken from a session high and low, i think i said that right
Correct me if i am wrong, but these are kill zones on the M15 chart right? i used an inverted fib on Daily chart points, and Boom! look at the price reactions! this is exactly what Michael is teaching us yeh, with a bit of chili on top!
Do you guys use price alerts? if you set up a high time frame chart with a price level alert, then ding ding your alert goes off, you go to your chart, check what time it is! then say to your self, is it time to pull the trigger?
EURUSD - Along with order flow blocks, triangle consolidations act as future support and resistance points, sometimes going beyond the point of reaction, then returning to apply an OTE from a fib point taken from a session high and low, i think i said that right
Correct me if i am wrong, but these are kill zones on the M15 chart right? i used an inverted fib on Daily chart points, and Boom! look at the price reactions! this is exactly what Michael is teaching us yeh, with a bit of chili on top!
Do you guys use price alerts? if you set up a high time frame chart with a price level alert, then ding ding your alert goes off, you go to your chart, check what time it is! then say to your self, is it time to pull the trigger?
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Re: Pop Quiz Scout Sniper Basic Field Guide - InnerCircleTrader
Green Consolidation"point of origin",expansion move up,red return for stoprun/entry point at ote between ITL's /ITH's then range expansion?Neat chart.Like Al tough on the ones after i don't really get the triangle stuff(i'm digged more into divergence and s/r ) Could you explain on those a bit?
GdayFx said:
Green Consolidation"point of origin",expansion move up,red return for stoprun/entry point at ote between ITL's /ITH's then range expansion?Neat chart.Like
Al tough on the ones after i don't really get the triangle stuff(i'm digged more into divergence and s/r ) Could you explain on those a bit?Re: EURUSD Scout Sniper Basic Field Guide - InnerCircleTrader
One thing where I have some difficulties is to truly understands some of the things Michael is trying to illuminate. I can see and find them in the charts visually, but my head just wont grasp all the mechanics behind it.
GdayFx said:EURUSD - Along with order flow blocks, triangle consolidations act as future support and resistance points, sometimes going beyond the point of reaction, then returning to apply an OTE from a fib point taken from a session high and low, i think i said that right
Correct me if i am wrong, but these are kill zones on the M15 chart right? i used an inverted fib on Daily chart points, and Boom! look at the price reactions! this is exactly what Michael is teaching us yeh, with a bit of chili on top!
Do you guys use price alerts? if you set up a high time frame chart with a price level alert, then ding ding your alert goes off, you go to your chart, check what time it is! then say to your self, is it time to pull the trigger?
One thing where I have some difficulties is to truly understands some of the things Michael is trying to illuminate. I can see and find them in the charts visually, but my head just wont grasp all the mechanics behind it.
Re: Pop Quiz Scout Sniper Basic Field Guide - InnerCircleTrader
Pop Quiz!!
My thought is: greens are smart money doing their business and reds are rallying phases where you step in the markets, so in this case buying the rallies wont be bad idea.
GdayFx said:
Pop Quiz!!
My thought is: greens are smart money doing their business and reds are rallying phases where you step in the markets, so in this case buying the rallies wont be bad idea.
This is one way to set up "sensitive" areas on a Daily chart, then narrow them down into a H4 chart, for a real time trade. Look how price dances around the consolidated points / 50 fib point, there are a few trade opportunities on the H4 chart you can see, i have highlighted one of them as a 150 pip move around 20.00 gmt. Consolidated areas/triangles/blocks from what i can gather and listen to in ICT vids, are major order flows happening from the big guns. then price moves dramatically around those points, then settles down, leaving a window of opportunity for guys like us. Using the right tools, take note of the high and low used on the daily chart for the high time frame fib placement.
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walshman said:
For me it is not quite clear atm, i am wondering if the dollar will find support though, and i cant make anything from futures or yield, only that futures have been rallying since early sep, does that mean a further sell off in currencies? Last time ICT said futures have been falling, so the EURUSD would rally, and it did!
http://finviz.com/futures_charts.ashx?t=ZN&p=d1
