Its valid i think, 1.1908-25 is a high volume demand zone & 6 Jan's point of control. 3rd highest volume of the year on this day. I'm just not sure if it wants to make another dump though.

Cable Update (GBPUSD)

Oh , yea, there's a regular gap too. This supports a GU buy somewhat. might be wrong.

Cable Update (GBPUSD)

Took a buy , holding til close H1 demand. Bottom of the range. LQG below asia / previous daily low. DXY on resistance, H1 looks to be 'pinning' off of it. Worth a go. Ideal target 1.2030

Cable Update (GBPUSD)

Seeing the range as 1.19 to 1.2450 now. Zooming out it looks like a revisit to 1.2450 is incoming (in weeks not days) . An old bad habit is creeping in. TPing too quickly and immediately looking to fade the direction instead of letting the ADR play ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

within a hair of getting stopped. If so, leaving it there for the day. one decent gain one smaller loss. 1.2105 was my second level for sell so, hopefully still in with a shout Edit-stopped on second position. Will leave it there might be mistaken ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

stops should be above 1.2110 Looks like we'll contact 1.21-1.2105ish

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Looking for this in NY

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Yessir key level- asia low trading level- high volume zone on market profile (last week) trading level can be S&D, FVG, High volume node etc. Helps if there's something, higher odds Notice the price action too try and make sense of it- initial ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

50% closed at 1.2052 (round number) half left to 1.2075ish

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Morning For now i'm going to assume the trading range is 1.1950-1.2100 We're on last weeks POC/High volume area which may be considered support, but not definitely Sellside liquidity under asia low has been taken and there's buy side at 1.2080 along ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Oh yea, Last week was an example of a week where this kind of setup falls down a bit (pronounced trends) and you have to either stand back or adjust your approach. What you'll find is price just plows through liquidity pools instead of 'dancing ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

And thanks Rick, I knew about complete auctions but double complete auctions is new to me, i'll look out for that Spending time learning footprint is definitely time well spent for any futures trader One of the confirmations from the OP (multiple ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

I mentioned a spreadsheet earlier, if you wanted to try and 'grade' the setup with different confluence parameters I thought the idea had some merit but, the main thing I found is nobody used it (including myself) The last thing you want to do is ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Hey, I shouldn't really have been trading at this time of day. The reason was it was a level I wanted to trade at earlier in the day, I saw a lot of confluence (such as absorption, DXY had done a LQG, there was absorption etc) When I saw price just ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

dont like the EQL. decided to take BE. if we get some BOS then might try again on pullback. Friday afternoon though -- enjoy the weekend

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

zero side imbalance holds price. zero side imbalances are usually a proxy for structure. once that's broken, there is a BOS. happy to take BE here if it looks like its going south

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Folks gonna dig up that spreadsheet I talked about earlier in the thread later on and upload it (if I can find it!) The idea is to grade setups based on various factors so your mood doesn't influence whether you take the trade or not I think we all ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Can see signs of absorption on footprint.

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Testing the buy now. Target lon high

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Wait and see level for me. If it drops to 1.2075 its another buy to Lon high

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow