A couple of weeks ago, I predicted that this month would see its fair share of bullishness and so far it has delivered.
A little while later...Earlier, I took 1/2 of my position off the board at +20. Moved stop to BE+1 #killingitICTstyle #Traders #eurusd https://t.co/TFC35VAIx9 pic.twitter.com/3f0lbwKxhI— Manny G (@GGoodpunk6) March 15, 2017
Just took the rest off of the table at +72!!! #killingitICTstyle @ICT_MHuddleston https://t.co/TFC35VAIx9 #eurusd #Traders https://t.co/bSDxs92O3w— Manny G (@GGoodpunk6) March 15, 2017
As you can see in the free chart below and as per ICT's concepts, I chose the 161.8 extension of the swing that we were currently working in as Take Profit Objective.
As shown above, we easily cleared that and pushed far beyond the high I anticipated.
When you use ICT's method's, you know that you analyze the Weekly Chart (W1), and draw a lot of your bias from the H4, D1, and W1 charts. Afterwards, you look to your H1 Time Frame chart and you can see the litany of setups all week.
Below you can see that price traded down into a H1 Bullish Order Block that also matched up with an Asian Range High from last week, that also happened to be the high probability level of 1.0600. As you might have guessed, 1.0600 has been a previous level of Support and Resistance. In this example, price was being tested as support.
Once price returned to clear the other side of the Asian Range, we can easily conclude where price is heading for the day. Fed or not. |
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