Scout Sniper Basic Field Guide - InnerCircleTrader
- Thread starter TheInnerCircleTrader
- Start date
I just made a post about it in the Off-Topics section, but Ukraine is in turmoil. That means European Natural Gas & Oil lines (which run through Western Ukraine from Russia).
If large institutions were taking that Ukraine instability (and it's been rolling in the currency market for at least 2 months) as a possible hit to Euro-zone productivity for the next quarter, it would suggest a flight out of EUR into USD for a while. Or at least a pressure.
Given also the likely increase in Oil pricing, if Ukraine does break down, that also puts lower pressure on Yen, higher pressure on USD & GBP. (I'm not good with the CHF, so I can't really say there)
Thoughts?
If large institutions were taking that Ukraine instability (and it's been rolling in the currency market for at least 2 months) as a possible hit to Euro-zone productivity for the next quarter, it would suggest a flight out of EUR into USD for a while. Or at least a pressure.
Given also the likely increase in Oil pricing, if Ukraine does break down, that also puts lower pressure on Yen, higher pressure on USD & GBP. (I'm not good with the CHF, so I can't really say there)
Thoughts?
http://www.youtube.com/watch?v=p30EcXV3iNQ
New video is up just a promo though
New video is up just a promo though
Something to take note guys,
http://www.barchart.com/commodityfutures/US_Dollar_Index_Futures/DX
http://www.barchart.com/commodityfutures/British_Pound_Futures/B6
http://www.barchart.com/commodityfutures/Euro_FX_Futures/E6
GBP and DXY's futures trading at a discount while EUR futures trading at a premium.
could be wiser to look for short on the GBP
http://www.barchart.com/commodityfutures/US_Dollar_Index_Futures/DX
http://www.barchart.com/commodityfutures/British_Pound_Futures/B6
http://www.barchart.com/commodityfutures/Euro_FX_Futures/E6
GBP and DXY's futures trading at a discount while EUR futures trading at a premium.
could be wiser to look for short on the GBP
DrFeelgood
Active Member
kongzz said:
Hi Kongzz,
Unless I am missing the point on something the Fiber and Cable are trading at a premium, (Mar 14 compared to Jun 14 prices - backwardisation, while the Dollar Index is trading at a lower price (Mar 14 compared to Jun 14 prices).
Just my 2 cents.
DrFeelgood said:
well... this is interesting, USDX started to trade at a premium today, EUR also at a premium but GBP at a discount.
Also to add, that 37700 level looks wayy too clean. i think a turtle soup setup is in the cards.
On the GU, that 1.67450 looks enticing given the very staggered price action last week.
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TheInnerCircleTrader
Well-Known Member
I want to take a few minutes to give kudos to those of you that put in the time and exercised patience in the release of this tutorial series. I am confident that you have been presented a wonderful foundation to Price Action Analysis.
The next chapter is to implement it on a weekly basis. This will be the goal of the Advanced Price Action Concepts project.
Talk with you all via video this weekend. Keep your eyes on Twitter @ICT_MHuddleston for more information.
GLGT 8)
The next chapter is to implement it on a weekly basis. This will be the goal of the Advanced Price Action Concepts project.
Talk with you all via video this weekend. Keep your eyes on Twitter @ICT_MHuddleston for more information.
GLGT 8)
InnerCircleTrader said:
You are champion player ICT, Us Australian followers say thanks, to you and all your time spent creating this series. Teaching what you know, adding IMPORTANT information, giving us the opportunity to take away key points as developing traders, is something that not many known successful traders even contemplate. If we can digest all the advise you have given, and put that against our own pitfalls, and know exactly what you are talking about! Then we might have half a chance in this field. So thanks again Mike! Its really up to us as individuals to live and learn from it, and most importantly, practice and use the exercises first hand.
InnerCircleTrader said:
ICT...First i wanna take minute to thank YOU, for all you do, putting your time, time that you won't get back, to help people you don't even know, I am actually rather new to trading, and in the past 2 months, my trading has changed completely 360 degrees, I can't express it enough, but you are not only changing my life, but everyone else who takes your teaching seriously, your latest series, the sniper field, is so perfectly put together, if i could only say two words to you they would be this, once again....thank you.
