Simple IB Trading

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I have recently been reviewing Nial Fuller's resources. Some of his work is actually pretty good. Some of it seems to risky for me. On balance its a good foundation to trade.

I'm not going to become a member to his site because most of what he does is already out there for free and I already know how to trade the majority of his methods. With that said if you are a newbie and don't know how to trade his education service would definitely be a good place to save time and money learning the markets because his methods really do work. Very few educational services can legitimately make that claim. This thread is a place where people can discuss Nial's work or any IB strategy.

Here is a trade I took today long cable. Haven't hit the target yet. My stop is and almost always a 1.27 extension of the mother bar.

Just out of curiosity if any one out there is a member of Nial's service was this a live call of his?
 

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Wow much more pips than I thought. Definitely pretty lucky for my first call on this thread.
 

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In my opinion the real energy behind yesterdays big moves in the New York session was the combination of low liquidity and some choice IB's or near IB's on the daily time frame that just so happened to be multi day NR's as well.
 

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Here's a long in cable trade idea.

1. Into major true demand level.
2. Hidden VSA type demand bars.
3. USD divergence on no real UK inputs
4. Market is positioning for a non-event FOMC day. Probably just a roller coaster. Large spike up from these values into todays supply areas and then probably take it back lower for a little changed day. We'll have to wait in see but definitely will be fun. I'll be on the long side.
 

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The dollar has been marked down previous to FOMC spikey behavior. My thought process G/U will spike down again right before release or or right after so its wise to liquidate my longs.
 

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this is fantastic stuff to watch. Can you post the trades as they are called please,with a stop in place. A lot of people speak highly of niall. I used to trade 1 hr IB,did ok.
 
Stop is almost always 1.27 extension of the Mother Bar unless there is something big in play like a gap or major supply or demand zone that calls for a slightly larger stop. It will never be larger than 1.618 extension. The objective here is to discuss Nial's methods with a little bit of a Wyckoff twist. We all want to learn how to catch our own fish not have it given to us.

Answer to "I used to trade H1 IB and did ok"

"Study your charts not with an eye to comparing the shapes of the formations, but from the viewpoint of the behavior of the stock; the motives of those who are dominant in it; and the successes and failures of the buyers and sellers as they struggle for mastery on every move." R.D. Wyckoff
 
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Looking more carefully at my position. I have noticed we got a classic trendline break in play as well. This makes risk management easier. If price pivots through this trendline stand its a major heads up I'm on the wrong side of the market.
 

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