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mysterio replied Mar 12, 2021Thanks, great analysis btw keep up the good work
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Yea, I'm with you. Got yesterdays low, 0.382 retrace, the channel bottom and 1h supply so it's going to struggle, trying to decide whether to short here
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Curious where the longs are TPing, any thoughts? looking at 1.3917 first
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Managed to take 20 when I saw it reversing on the upper TL, not quick thinking enough to reverse short as I expected a breakout, back long on S3 stop at BE. Getting a bit sick of this time to call it for the week after this I think!
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Bought at S3, last trade stopped out BE, getting a little frustrated but trying to stay cool! Just took +20, will see if it breaks out and retests but its v mixed
EUR/USD 15m trendline breakout
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mysterio replied Mar 12, 2021Put a buy in at S3, last try buying. 1.3866, stop to BE, TP open. My last two buys went 20 pips in profit but I failed to TP and just took BE. Overall just relying on my overnight trade.
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021This is the story on the dollar- mixed signals, bulls can't push it above the 0.618 retrace/TL for now, T yields seem capped by their recent highs. IMO down is still more likely but not confident. GU sitting on a fib level/TL. I wouldn't want to ...
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Cheers- I never used ADR but I added it to my chart to see how I get on with it
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Last trade 20 pips in my favour then BE after a sudden yield spike Now long again on 1h demand 1.3882 waiting for a full retrace to the new supply then short again Hoping dxy returns to green demand area
EUR/USD 15m trendline breakout
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mysterio replied Mar 12, 2021Thanks I learn from you too, in fact I learn from everyone on this forum. I wouldn't be trading if it wasn't for FF. Just waiting for this move to complete on dollar then i'll close long and reverse short wherever it lands on GU Obviously I thought ...
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Brave or stupid we'll see Vast majority of my trades get stopped out BE tbh, I can find good entries but extracting the full move IE getting a good TP point is still something that needs a lot of work Like this morning I should have just rode it ...
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Took the long on 1h demand (last trade taken out BE) Looking for 1.3935-54 ideally before short (red area) Stop to BE as always With regards to fundamentals agreed we're looking at short/medium term up movement on the dollar like I said yesterday ...
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Losing confidence in the long tbh, will take BE if it hits. Treasury bond market still selling off like crazy. I guess the stimulus starts to hit soon- I think I heard Yellen saying everyone in the States gets a direct deposit over the weekend? ...
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021I was looking out at the bottom of the 1h channel, and there was 0.618 fib retrace down there too. Now I'm holding long until we return to this demand on dxy then boom short again Will see where that is on GU, there is 5m supply and the pivot around ...
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021I took it too with my stop at BE I am looking to short again later though good luck
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021That's US 10Y yields back at 160bps. This is a supply area/psych level. Maybe time for the dollar to take a breather here- not sure what caused this spike? Friday thing?
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021The green demand on dxy has now taken out a a TL and a supply area so a return here is absolutely perfect for another short on the majors
EUR/USD 15m trendline breakout
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mysterio replied Mar 12, 2021Yea I jumped the gun. -12, my own dumb fault Thanks
EUR/USD 15m trendline breakout
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mysterio replied Mar 12, 2021Think it will start to go up now Was looking at the 0.618 fibo on dxy but now we have the bottom of the channel at 1.3913 Looks like i'm wrong tbh
Cable Update (GBPUSD)
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mysterio replied Mar 12, 2021Watching this potential accumulation for a long on 1h demand, waiting for confirmation Demand has triggered orders yesterday so its not strong enough to blindly buy Edit- screw it, bought at the bottom of the wedge. 1h trendline, 0.618 fibo on dxy, ...
EUR/USD 15m trendline breakout