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mysterio replied Mar 17, 2021I think we gotta hit 1.37-3750 before any rise, lets see what happens. Everything might flip in an hour who knows.
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021Not doing much today still holding short GU from 1.3922 just waiting for it to unfold Went 70 pips in profit- FOMC spike took me out BE Not gonna take any spike fades!
EUR/USD 15m trendline breakout
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mysterio replied Mar 17, 2021FOMC pre-positioning underway, tens dumping. Hasn't translated into much DXY strength yet.
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021The FTSE 100 is clearly moving into a correction. Will this have a positive effect on GU I wonder. Good place to short the FTSE anyway
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021Interesting stuff, I've been meaning to check out your thread. I am trying to increase the average RR ratio of my trades and I think what you're talking about is obviously key
Cable Update (GBPUSD)
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mysterio replied Mar 17, 20211.1908 good price for a pre FOMC short if you wanted to lock in a trade at BE, assuming you believed the effect of the FOMC is dollar bullish (of course this isn't guaranteed it could just as easily go the other way). I am personally positioned for ...
EURUSD only
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mysterio replied Mar 17, 2021Gotcha! Just realised you were talking about the HTF
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021Hah now we have what looks like a reversal pattern on the 5m, currently retesting the wedge TL. It's pretty difficult to trade this pair today. I'll leave my short entry intact as my FOMC trade. Going to walk away from it and see how it looks later. ...
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021Haha! We'll see. Treasury yields have broken out and made new highs. Lots of bullish pressure on the dollar Nice M pattern and wedge breakout on cable 5m
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021Nailed it Bounce at 1.3880ish, retrace to 1.39 then tiimbeeeer Taking a step back to think about treasuries and the dollar. I think yields have further to rise before a pull back. At some point they will fall back and the dollar will drop but it ...
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021BE again and short again with stop to BE.. high conviction on this dropping! Finally- 30 pips in the green with my stop at BE
EUR/USD 15m trendline breakout
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mysterio replied Mar 17, 2021Got taken out BE Can't rule out a push to 1.3940 so I'm out for now. I think I have to wait for that TL to break, or maybe i'll try and entry on the upper TL Indecision preFOMC
Cable Update (GBPUSD)
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mysterio replied Mar 17, 2021Waiting to see if this TL will be taken out before I relax
Cable Update (GBPUSD)