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mysterio replied Feb 12, 2021So- it turned out to be the 0.5 fib 1.2082 that perfectly marked the turning point. Hope someone spotted that and leapt on it. Funny, as it was also the 0.5 fib of the last major down move at 1.2150 that started the down move. Note we also retested ...
EURUSD only
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mysterio replied Feb 12, 2021I hunted everywhere for your bearish bat but I cant see him. Can you post a chart of it or push me in the right direction? This is either some wild Friday style manipulation or i'm just badly wrong in my short
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021If this works out the way I want, I'm looking at 1.3739 which coincides with the daily breakout area for a potential reverse long depending on price action IF this happens it would neatly fill the gap on DXY before the dollar continues its long term ...
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Closed for +30 on top of my +55. Back to short at the pivot. 1.3826 Might have been a bit premature i'm expecting 1.3832 now Back down My only issue here is we've retested a bearish flag on DXY on the 4h TF. So watching carefully, DXY retrace may be ...
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Cheers, Coreg. Got to say, I am quite fascinated by your charts but I'm not quite savvy enough to figure them out. Are you saying 1.3810-20 then back down potentially? DXY is scaring me a bit
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021So this could be an ABC type move, currently in B (I know NOTHING about Elliot wave so could be talking shit).
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Are you expecting further drop after this level? I had a similar area in mind.
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Treasuries broke out of a channel, check my yields chart it was just an ABC correction after hitting a psych level. GBP seems to have some decent buying pressure as it seems to be holding fast despite the dollar move. The last drop on cable was off ...
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Holding but I think this might have been a fake break up. Something big happened on Euro. Testing the edge of the wedge and DXY hit R3. Got it- huge treasury sell off. It should retrace a bit. Did not heed my own advice on the dollar rally...
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021In long 1.3797, may be a smidge early. Looking for movement up to the pivot. W pattern/wedge breakout. I think 1.3791 then back up, may have clicked a bit early. I do still think we will drop down further after a 0.5/0.618 retrace of the down move, ...
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Exited short with 55 pips. If we get a retrace I may go long for a bit, then back down. Had I been a bit more on the ball I would have exited at the bottom of the wedge and went long. I think up movement will go to 1.3820/30 area. Just imo Wow DXY ...
Cable Update (GBPUSD)
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mysterio replied Feb 12, 20211.2096 was the 0.382 fib of the last major swing high/low, also a round number, bottom of a wedge with divergence. Also close to a round number 1.21. It is the perfect place to retrace up a bit. It's now at the top of the wedge 1.2107 on m5. 0.5 fib ...
EURUSD only
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mysterio replied Feb 12, 2021Setting up for a nice dollar rally, yields look headed up. I post because it directly affects the dollar. Corrected off of psych level 1.20. Hoping for gap fill time on DXY.
EURUSD only
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mysterio replied Feb 12, 2021Rates fans. Setting up for a nice dollar rally, yields look headed up after correction from psych level 1.20
Cable Update (GBPUSD)
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mysterio replied Feb 12, 2021Textbook short off the pivot for the scalpers usually a reliable trade
EURUSD only
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mysterio replied Feb 12, 2021Yea all businesses shut apart from the FANGs, everyone under house arrest, yet great GDP guys! Fake money fake news I'll hold onto my short for now until we get to the breakout level Will watch how the wedgie plays out. DXY looking bullish
Cable Update (GBPUSD)
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mysterio replied Feb 11, 2021Currently 50 pips or so in the green going to let it run in expectation of poor UK data tomorrow hopefully gives us the push down to 1.3750 or beyond. Classic M pattern, retraced to pivot then 0.618 of the last down leg before dropping. DXY ...
EUR/USD 15m trendline breakout
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mysterio replied Feb 11, 2021I think the M is confirmed and bull flag invalidated, short currently running about 50 pips or 5xR. Watching 1.3750 next Just need some shit data from my country tomorrow and we are away to the races
Cable Update (GBPUSD)
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mysterio replied Feb 11, 2021I can't sell at the moment- DXY broke down out of a triangle and may just retest it then continue down. Eyeing up 1.2170s/80s for bulls before any decent correction down now- may be wrong.
EURUSD only