ICCE. Bemac's Fib. Reverse Engineered

london Gmt

I forgot to take snaps yesterday and ive changed my settings....sorry

but i had 2 break evens longing fiber...and i missed one on cable south as it happened at the same time as the fiber and i popped out for 2 mins.....

And the day before yesterday i had a nice cable south before all this shorting.....stopped out by 1 pip before she fell about 150 pips.

In fact last week and this week so far have been like that.

I shall endevour to take snaps today and i look forward to your views. G

Didnt get anything yesterday.....so nothing to show.Maybe today......G

As i have no new charts for you yet shall i explain what i do?


Or wait for a set up?

G

Fire away and explain it. Post up some old setups.

Another one bites the dust. 2R +

What is not to love?

Enter on the break of the OB that exited the channel. SL placed a few pips back inside the channel for safety sake. Exit at the first fib or you can set your SL behind 9000 and wait for a break above that fib. Probably best placement of the SL would be on the other side of the diagonal. Your call.

If you scale the chart out, you'll notice the fib sits on a PPZ. Funny how that works that way - no? What I like about this method of targeting is the precision. There are always other PPZ's on the way to the first fib, and price will react at them almost always. Sometimes with a reverse (keep your SL's in a place to keep you in the positive or BE). But eventually, I hit my mark.

...

I swear to the trading gods every day from june 4 i wake up at 5.30 here in london....set my time space 15s box and all day price works around the icce fibs.Sometimes i get the PA, sometimes i dont.I have a generic 50 pip stop and move to even at the first resistance or take profit if the dailys arnt really giving it up......I havnt even looked at other icce time frames but your chart there looks just like mine but on 4hr.Sometimes the time box hasnt got the 2 hi and lows we want and on those days i dont get PA in the right places thats fine but when i do i know its hot that day or if the higher than 15s mostly the daily has a sense of direction its great.

I cant wait to post a set up im not gonna do an old one i wanna wait for fresh Icce.......

My question is how can i ever repay Bmac for feeding my kids and sharing this magic or james 16 for that matter or mbqb11.Anyway ive cut out alot of dead wood recently and people in this FF have shown there true colours...Im glad to be back at the front end in good company.

Thanx Bmac youve changed my trading life.....G

BabaG -

It is a great tool! I find it to be effective on all TF's. Look back at the weekly on the EU.

I too wait for PA, but I am working on a blind break approach too.

Well looky here....for some reason price stalled at the small box 76.4 fib....hmmm....why would it do that?

Or better...good to know that it DID that.

got one

I can totaly understand why you would do that.Im working on:

Limits off the icce fibs.......quick up quick bounce off.Aggresive to Evens.

Anti price action.....the failing of a P.A bar in your direction of daily choice.

The more i look the more i see so many more ways to skin the cat..

Any way the above is just standard ICCE.

G

look how rubbish the box is......and it produced the previous chart.......cable

see even when its a bad box time and space ICCE is nice.

exit........or reverse?

another 1

nice

what do you think guys?

sorry that was at evens.....misleading sentance......x

thats it last chart.

I haven't quite got my head around this yet.

I'm comfortable with the basic concept of the ICCE thing but haven't fully understood your way of working it.

At the moment I just look for consolidation then pull my lines to top, bottom, right and left.

If I understand you correctly you set the right and left vertical lines purely based on market opening for the left to ?? where for the right line.

Looking at the images above I couldn't see how the top and bottom lines are set, either.

Help, help.

heres one without the cross fibs.....

Is that better?
And Ignore the think red line thats just one of my lines..

entry green line