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mysterio replied Feb 26, 2021DXY compressing into a triangle.. should breakout soon, too early to tell which way. Don't get too attached to cable longs, this could go either way at this point. This is a good spot to re-enter long but like I say, it could go either way at this ...
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021Safest to wait for breakout and pullback I like to trade aggressively so I TP'd twice from S2 already and re-entered on the 0.618 of the last 'W' leg Obv stops go to BE as soon as you can Edit- TP'd +60 re-entered long as indicated
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021Took a couple of longs from S2/wedge bottom, waiting for breakout Edit- took 50, 30, and 60 It may well go quite a lot further, i may get in on a pullback
EUR/USD 15m trendline breakout
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mysterio replied Feb 26, 2021Could be a fakeout on the DXY, we hit another supply, wait to see if the 4h closes below the TL
EURUSD only
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mysterio replied Feb 26, 2021Longed again from S2 area, stops to BE asap Might be a fakeout, we hit another supply, and the 4h hasn't closed outside the TL yet Edit- took 35 pips, wait to see what happens
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021Careful, critical moment on DXY. If this breaks then we go lower. Lock in pips
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021Thinking S2 could be the low of the day, 1.3884, IF we haven't made it already. I think the tide is about to turn. Failing that stick to the original plan 1.3850ish. Just imo If it just goes up from here then we have a W/double bottom, lock and load
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021Just bought at 1.2125, SL 15 pips TP open. Bottom of a channel and an old support. DXY in a 4h supply zone, about to hit upper TL. Also a TL if you project the last 2 lows on EU. Will get my stop to BE asap if it uplifts. Edit- attached DXY. ...
EURUSD only
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mysterio replied Feb 26, 2021Gave back 6 pips, thought s1/upper TL would resist
EUR/USD 15m trendline breakout
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mysterio replied Feb 26, 2021Damn, it was perfect. I missed it, asleep at the wheel! Hope it dives a bit lower to my target buy zone but it could easily be the bottom for the morning
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021I get what you're saying but I like to trade tops and bottoms, get in at the best possible price and get in before the move happens not when its half done. If you know your zones and can read PA it works fine. You need to be very careful with stops ...
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021I'll look for a buy down at 1.3840-54 which is the next 1hr demand after this one. We're also entering a daily demand area 1.3829-3902 soon, so i believe no significant retracement until then. Just IMO. Remember the strong fundamental news about the ...
Cable Update (GBPUSD)
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mysterio replied Feb 26, 202110 pip scalp from this 1hr demand zone (not shown on this chart)
EUR/USD 15m trendline breakout
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mysterio replied Feb 26, 20211.3922-31 can provide a bounce, not necessarily a large bounce Edit- just took it as a 10 pip scalp
Cable Update (GBPUSD)
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mysterio replied Feb 26, 2021Closed +70. Sidelines for now. Could be a bounce at 1.3930 - 1hr demand Keep in mind we broke and retested a 4hr trendline...also broke weekly pivot, dont just blindly buy
Cable Update (GBPUSD)