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mysterio replied Feb 9, 2021Sorry i'm talking about DXY, its touched S1 on my chart, i'm short GBP from 1.3780
Cable Update (GBPUSD)
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mysterio replied Feb 9, 2021Dollar had a technical sell off because of the H&S, I think it is due a pull back now, on support/s1. May be wrong
EURUSD only
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mysterio replied Feb 9, 2021It should surely pull back on S1 (nowish), technical sell off because of the H&S
Cable Update (GBPUSD)
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mysterio replied Feb 9, 2021I notice a divergence with DXY- DXY plummeting while GBPUSD hardly moving, meaning theres GBP selling pressure. We are at the bottom of a channel on DXY so it may be about to reverse, so I reckon its a good time to short cable 1.3780. Same basis for ...
Cable Update (GBPUSD)
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mysterio replied Feb 9, 2021Just noticed when I zoomed out- that morning launch was the retest of the wedge on the daily TF, so we have finally broken out. I believe Ata called at the time we could see a break below before finally a break up!
EURUSD only
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mysterio replied Feb 9, 2021Maddeningly I had a tight SL entry at the market low (posted it at the time) and had it marked out as a major turning point but only took 20 or so pips, probably would have doubled my account if I just left it
Scalp entry swing target is my ...EURUSD only
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mysterio replied Feb 9, 2021I think shorts are a bit late unless you were in from 1.208x, I'm done with short looking for a long. I considered a second short from here 1.2073 but the RR isn't good and there's too much in the way. EDIT- nice bounce off a TL/0.382 fib of asia ...
EURUSD only
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mysterio replied Feb 9, 2021I notice we've formed another 'W' within the wedge- a pullback to the neckline 1.2058-60 before back up would be ideal, this would also confirm broken resistance as support. EDIT- just cashed in 15 pips, scanning for another entry long or short. ...
EURUSD only
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mysterio replied Feb 9, 2021Sounds good- i suspect we have different methodologies though, I'm very shorter TF focussed (5m chart mainly with tight SLs). I do agree overall we are bullish. I think we'll see some down movement from here first though. Honestly I wouldn't know a ...
EURUSD only
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mysterio replied Feb 9, 2021I cashed in undoubtedly too early with 15 (5 pip SL), lets see if we retest
EUR/USD 15m trendline breakout
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mysterio replied Feb 9, 2021I reckon we have to come down to the 1.3730-1.3745 area to long again. We're at a demand and coming up to a TL on dxy, I shorted from 1.37854. Also a good divergence on cable on the hourly. This is also marked as a resistance area on my chart. Of ...
Cable Update (GBPUSD)
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mysterio replied Feb 9, 2021Congrats bulls, I really wanted to long that 1.2043 area with the W pattern and flag breakout but held back- oh well plenty more opportunities. The 0.618 retrace of the last upthrust of the W/neckline turned out to be the best place I think now ...
EURUSD only
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mysterio replied Feb 9, 2021Maybe should have taken that long- I would be 50 pips up! I shorted cable at supply
EUR/USD 15m trendline breakout
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mysterio replied Feb 8, 2021Agree. DXY has broken an important level/trendline, it looks set to drop. I think cable is headed up. Waiting til tomorrow to take any positions
Cable Update (GBPUSD)
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mysterio replied Feb 8, 2021We have a W pattern forming on the retest of a flag. To me it's a long but I won't take it today as I've met my target. Overtrading and giving back gains at this time of the day has got me into trouble in the past but this would be a very clear buy ...
EURUSD only
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mysterio replied Feb 8, 2021I'd consider a long if we retest the flag, but I have surpassed my target for the day so I'm wary Edit- here we are, I think it's good for a long but I'm not going to take it as I don't want to risk giving up my gains Ultimately it made it all the ...
EUR/USD 15m trendline breakout
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mysterio replied Feb 8, 2021H&S formed on dxy and broken, I believe we'll break the cable high today/tomorrow
Cable Update (GBPUSD)
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mysterio replied Feb 8, 2021I see a TL on the higher TF, is this what you see at this level?
EURUSD only