ICCE. Bemac's Fib. Reverse Engineered

Quoting Bemac

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Done. TP hit @ 89.660.
Made a pip or 2 but that's not what this is about.
It's about having some sort of understanding of Potential gains that you can compare to Potential Risk.
It's about giving you the access to Bullits for your gun. {hopefully you have advanced to the point that you carry a Sniper's Rifle.}
It's about Increasing Cargo.
It's wierd & Outside but... It may just be a usefull tool for you.

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Quoting Bemac

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Let's get Real:
There is another Entity Above 'The Big Banks' but I don't know who.
This is not a conspiracy theory, I believe, it is just a fact.

Rubbish, but Yes, Central Banks

Consider this;
If the Banks controlled the Market & You were a Banker; wouldn't you form Alliances or Coalitions?
So how come the "BIG" guys need a Bailout? (How could they Lose?)

I have over 15 years experience of dealing in the interbank mkt as a broker, this statement is not correct. The banks act independently,......

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Quoting pianosax12

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Crap. One of my biggest accounts was a major japanese bank, who most definitely scalped, and he got very wealthy off it, not hard to when your average punt size is 5-10million, 3 or 5 pips will do nicely.
[b]They consume only the underprepared, ignorant wannabe traders.


This is not meant to be detrimental, but to give a guide as to the big boys.

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Quoting TradeWell

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Here's a new one, though it is still subject to change.

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Quoting MCFly

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Hi,

what do you think is the better compression zone? I think it's the green rectangle.

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Quoting TradeWell

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I think you are close. I can see it better on the H4. You need to use the fib tool to see if it makes sense with recent prices.

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Quoting MCFly

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Hi Tradewell,

honestly I have only read some post by bemac and not the whole thread. Can you explain me what you mean when you say I need to use the fib tool? Do you mean I have to adjust the diagonal lines so that they match with highs and lows? Or do you mean I must use bemac's indicator and fibs together?

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Quoting TradeWell

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Hey McFly, you gave been around long enough to know that you need to do the reading to get the knowledge. That said, I am posting here is the indicator developed by the fabulous MissPips to help you plot the fib lines you will need. However, it will be worthless to you if you don't read about the whys and wherefors and if you don't have the rest of the trading knowledge and experience to trade in the first place. Think of ICCE as part of a complete package.

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Quoting funpip

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Hi everyone.

My first chart here

I am using old box range here...
It's interesting that based on old box (29 Dec-30 Dec 2009), every price looks confluence on its place for resistance and support.

If this correct, so I guess at the moment GBPUSD will back to its range 1.5857 - 1.59100.

Appreciate for your comment on my chart.

Happy Trading

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Quoting ricmi

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My first long term trade using V3 and 2 MA.Incredible.SL and TP was hidden.

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