I think it will drop here, take out asia low, rally, then asia high, then down.... admittedly thinking far ahead in advance this is the last short term high i'll tolerate. If you want one trade for today i'd suggest just waiting for a sell above ...

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

Above 56 and i'll let this one go. its a B grader. still holding.

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

added the more it moves from my entry the more nervous i get no worries if its wrong we'll short higher up but i think a move below asia low first

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

some scalping

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

image (rough model for the morning, better to wait for the sell) could be wrong ofc ideal sell around 1.2380

Cable Update (GBPUSD)

Anyways first trade is a buy below the current asia low for around 20 pips

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

Yes absolutely. This is a very big subject though. Forex is traded spot/OTC and in the futures market. They both track each other quite closely (they have to because there would be an arbitrage opportunity). Futures gives you much more granular ...

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

morning. i think its a short term buy below the last short term low but eventually we'll go onto test 1.2300-1.2310, either from the supply created around 2am uk time or 1.2380-82, I think the latter but watch the PA buys then sells for me but, PA ...

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

morning. i think its a short term buy below the last short term low but eventually we'll go onto test 1.2300-1.2310, either from the supply created around 2am uk time or 1.2380-82, I think the latter but watch the PA buys then sells for me but, PA ...

Cable Update (GBPUSD)

Hey, 20% goal. Sometimes this will hit quite quickly and i'll keep trading anyways. I'll set myself like mini-goals, passing new prop firm accounts, trading smaller accounts for family etc. But I believe it's good to have a set target then stop, ...

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

It's always fine for me. I took the advice of ICT and just specialize in one or two pairs. GU gives me all I need. I don't get any advantage from trading multiple pairs. Instead I know GU in detail. I'm purely intraday and can devote my day to ...

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

i got out just before the little kick up there but can probs hold til target no particular reason aka trading PnL

Cable Update (GBPUSD)

TBH the lower volatility on Euro is always a let down Usually GU has moved a much larger distance while EU is still on the starting block I rarely trade it for that reason. GU has the perfect volatility for me

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

remaining 2 positions gonna let the thread drift away into the ether now, hopefully some people got some value from seeing a different way of trading.

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

unfortunately, i had to extend the stop i think it went nearly 10 pips DD

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

50% partials taken on GU short rest to 1.2350

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

50% partials taken

Cable Update (GBPUSD)

I set stops to BE-- I didn't factor in Thurs high, we can still go above there. the drawdown wasn't comfortable.

Cable Update (GBPUSD)

Sold GU target 1.2350

Cable Update (GBPUSD)

Dont be lured into GU sells too soon. Waiting is the hardest part as you can see Frankie low buy was fine, I think part of my issue with Mondays is blowing away the cobwebs from the weekend

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