Scout Sniper Basic Field Guide - InnerCircleTrader

[slugFX]

I think... even we need contrarians to our contrarian views of the markets lol.

Are you saying you are a bear or a bull?

 

[Tansen]

Are you saying you are a bear or a bull?

I'm saying Potato.


or you could stay flat lol

 

[SLT]

Re: ICT tools

This is my take on it:

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?)

You were on the Money! Long term could be setting up...

 

[SLT]

My Technicals on the 10 Year T note yield Daily chart, is for it to head to 2400 late next month

 

[sqa]

I'm saying Potato.


or you could stay flat lol

I like "muddle". Which is some of the signals for most of the week.

 

[foreigner]

My Technicals on the 10 Year T note yield Daily chart, is for it to head to 2400 late next month

Where do you get the yield charts m8?

 

[Kuzia]

If 80.50 USDX gives way im a bear rawr. And looking at COT this might be ITH

 

[SLT]

Where do you get the yield charts m8?

This is delivered to me 3 times a week from my subscriber, note the address on the bottom of pic, where they would receive the chart from, id say

 

[SLT]

Re: Long Pound +85

Turned bullish Pound with these 2 trades

 

[Hopiplaka]

Re: ICT tools

You were on the Money! Long term could be setting up...

Yes, 75 pips, all thanks the the MM model on the 15Min/30Min chart.
Exit was right on the 1.61% fib extension

 

[jinirav75]

I also shorted at 62.1% level OTE (1.3733) and I see it as a new MMP sell model aiming it's retracement to 1.3480 level. USDx is at OTE buy level too which is a nice confluence.
Here is my thought, market structure broken to the downside when the price hit 1.3480 level and possibly this price move up is a suspect rally and more down side is in the working?

Those who are watching the COT, seasonal tendencies and open interest share their thoughts here please? Thank you.

 

[Hopiplaka]

I also shorted at 62.1% level OTE (1.3733) and I see it as a new MMP sell model aiming it's retracement to 1.3480 level. USDx is at OTE buy level too which is a nice confluence.
Here is my thought, market structure broken to the downside when the price hit 1.3480 level and possibly this price move up is a suspect rally and more down side is in the working?

Those who are watching the COT, seasonal tendencies and open interest share their thoughts here please? Thank you.

I'm not a COT person (yet ) but seasonal tendencies and divergence between stocks/bonds on the medium to longer term (quarter) predict lower foreign currency prices/higher USD as far as I'm concerned.
See following post for some screenshots
http://fxgears.com/forum/index.php/topic,95.msg3183.html#msg3183

 

[Kuzia]

I dont think this week anything gonna happen, no gas left in the tank. But for next week ill be watching 1.3740lvl and im 99% sure that its gonna be ITH looking at COT + diverging stocks kinda gives more weight to it

 

[Hopiplaka]

I dont think this week anything gonna happen, no gas left in the tank. But for next week ill be watching 1.3740lvl and im 99% sure that its gonna be ITH looking at COT + diverging stocks kinda gives more weight to it

Hmm, a 90 pips weekly range for the fiber? I think we might see 1.3630 before the end of this week. We still have the home sales and a FOMC member coming up to provide some fuel

 

[roland_s]

Today's range 22pips, really? There definitely has to be something planned for the afternoon.
I'm waiting for a bigger drop as well (have my stops placed though).
this 1.37 level is just too clean.

 

[foreigner]

Those who are watching the COT, seasonal tendencies and open interest share their thoughts here please? Thank you.

Large Specs are net short commercials have reduced Longs.

Open interest has risen substantially with market in a large range 13500-13900 indicating short positioning.

Given the recent stop run and technical confluence it looks bearish to me.* it could still make a new high

 

[jinirav75]

Large Specs are net short commercials have reduced Longs.

Open interest has risen substantially with market in a large range 13500-13900 indicating short positioning.

Given the recent stop run and technical confluence it looks bearish to me.* it could still make a new high

In one of the Videos, ICT states "when we see a large increase or decrease in open interest, this means commercials adjusting their positions (hedging?). Can this be explained in detail, possibly with some charts please. Thank you.

 

[foreigner]

In one of the Videos, ICT states "when we see a large increase or decrease in open interest, this means commercials adjusting their positions (hedging?). Can this be explained in detail, possibly with some charts please. Thank you.

This is just my opinion based on Alexander Elders statements on OI.

My best advice is to use AE as a basis for your own interpretation of the data.

 

[SLT]

This is delivered to me 3 times a week from my subscriber, note the address on the bottom of pic, where they would receive the chart from, id say

and here http://www.barchart.com/quotes/futures/V2Y0 T note Yield

 

[SLT]

Re: Bonds Yield Divergence

EURUSD - Does this set up seem correct? The RED line marks the start of the week!
Blue boxes signify Bonds,Yield & Price. EURUSD seeked Yield on Wednesday & Thursday, while Bonds were Diverging with EURUSD price on Wednesday also.

Using the weekly open "LEVEL" could be key!

Is this a way to look at the weekly picture?

keeping in mind when big data/fomc/nfp reads are about to strike to, throwing things out of wack