Original subtitles

Good afternoon folks.

This is ICT with a market review for October 25th, 2016.

Can we have the dollar index as a daily chart?

And today it certainly appears that we did at least make an attempt

to make an intermediate term high.

Oh, we had nice to push above the 99 big figure up here.

Today's high was at 99, 12 on this feed.

And we have a little bit of a range in here.

Not so much, that would be terribly exciting, but I think, uh, the fact that

we made the hire high today I'm rejected and let's go look at a four hour chart.

Assuming that a little bit on that.

Uh, you see, we had consolidation in here, the market rallied up and then

immediately rejected that 99 big figure.

Uh, so we may need a little bit of a retracement and going

forward the rest of this one.

And if that's the case, uh, we may see some upside on cable and if we

get somewhat of a deep retracement, uh, we have a nice liquidity pool

resting rate below these lows in here.

Can ticket send us down into that 97 50 level?

Um, it w it could still retrace this far and still hold on to a healthy uptrend.

It's not that we would be negating anything by doing that.

Now we made new ground at 99 big figure.

We had another drive lower than this swing low here.

And I like how we rejected that real quick.

We do have a small liquidity pool resting above these equal highs in here.

And we're gonna take a look at that as well.

Um, that's in here and it's basically essentially the same one we had

back here was going to pilot a here.

I liked the fact that we came down clear the bodies of these candles here.

Even the wick got whipped right through it today.

And if we zoom into an hourly chart and you see it's been,

it was a nice rejection.

I.

We do have small liquidity, poor above here and above these highs as well.

So we're going to look for 2250 as an upside objective going into tomorrow.

And obviously we created a void here and we immediate came back up into it.

Uh, if we get back the low 1, 21 40, okay.

1 21 40, which is the midway point of this down candle on an hourly basis.

We don't want to see 1 21 40.

If we do, and we still are back in the same area or expectations

looking for lower prices, but we may end up seeing a run higher.

And if that's the case that we're probably looking for a 2335, the

run-out on the weekly objective.

But again, if we lose 2140, uh, that's puts us in line with back down below the

one twenties and going into, uh, one 18.

So pretty well day on cable that's for sure.

Dollar CAD.

Uh, it was pretty much mixed day and we'll look at a 15 minute chart and Z day

formation, uh, up, down, back and forth.

So it's the classic Z day formation author profile.

Real quick show you what that looks like when you see it's pretty

much what's been described in terms of intraday templates, Euro.

Uh, we had a little bit of a rejection as well.

Um, I still think this, this liquidity pool is in, in striking distance.

Uh, we did break down rather aggressively in here so that we could

maybe see a return back end to that one to 9 51 to 9 55 level, and then

maybe classic support resistance ideas would come into play there.

I don't know.

We'll see.

But a one hour chart for the Euro, uh, show it as well.

Another rejection below these equal lows in here.

Cleared that out over here, you can see and came back above

the initial London session.

Hi, um, I don't have a whole lot of bullishness on this pair.

I do suspect that they're probably going to want to drive cable up and whether

or not we get a low risk entry to do so.

I can't guarantee that no one can, but I'll be looking certainly to see

if that's in the cards for this week.

If I can get a trade that sets me up a bar.

That would give me a run into that 1 23 35 level as a low resistor.

This is liquidity run.

I would certainly try to do that, but, um, until it forms, I'm going to

sit on my hands and wait, but that's what I'm looking at right now, guys.

So until I talk to you tomorrow, which could look angry,