Straight Line Trader

SLT

Official GDayFX.com Rep
Sh0ckw4ve said:
Nice! Any tips on using Elliott Wave Theory with ICT's material?
Yes lots of tips
If you study elliottwave use these guys for free educational material http://www.elliottwave.com/ dont pay for there services, make a free account membership. As a beginner, use EW on separate charts to ICT Material, preferably a different platform, much easier to maintain, i suggest MT5 demo broker Ironfx, ForexTime and or VantageFx they all have good MT5 demo platforms
Go and get it!

As you get better, i will be glad to help
 

SLT

Official GDayFX.com Rep
This chart shows a heavy confluence Zone for Fiber, under this current tanking point
If Fiber is going to put on the breaks, it could be around these levels
Current chart shows measured moves in two areas from the 2008 high in Blue and 2011 high in Pink
Confluences - Monthly Block zone, Extension 1 level ,first OTE level and big fig of 1.10000
Never buy a falling knife, wait for any turn around signals

And we have Parity at the next confluence below this confluence zone
 

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sqa

Village Scribe
CDR is the start of the Yen day. There is a CDR -> AR setup that generally carries through to early LO. LO is a continuation of the HTF movement, so if the AR was setting a swing point, LO will continue.

NYO will produce a true reversal, if you're getting one on the day. Often retouching OBs on USD news.
 

SLT

Official GDayFX.com Rep
Becoming interesting is it not, fiber has been in a correctional channel, sell only market since 2008
now look where we are approaching
 

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SLT

Official GDayFX.com Rep
My signature says, training for progress

the nature of the learning cycle has its ups and downs, support is broken, resistance is pushed

Only one who knows them selves very well, will succeed
 

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