I think most S&D practitioners would not call that valid demand as the leg out didn't break h1 structure, but you're saying potential so I don't think that's what you're saying Sorry for being a stickler but I see this come up a lot and it leads to ...

Cable Update (GBPUSD)

I expect so if you're talking about the potential new supply. That leg out in the morning wasn't an h1 demand (i'm bearish, been selling since 1.2240)

Cable Update (GBPUSD)

It didnt break structure though. Just a strong leg out.

Cable Update (GBPUSD)

Is it valid if it didn't break h1 structure? don't think so.

Cable Update (GBPUSD)

Taking partial at 1.2196

Cable Update (GBPUSD)

Bears showed up, no need to worry. Comfortably in profit. Still same target.

Cable Update (GBPUSD)

If this makes another run at the imbalance, forget it, we may make a new high. Indecision currently, the range is tightening

Cable Update (GBPUSD)

Safe for now!

Cable Update (GBPUSD)

this imbalance has to hold, or I get out BE.

Cable Update (GBPUSD)

let's see. Stops to BE and check in the afternoon

Cable Update (GBPUSD)

Looking at one last leg up then see if we get a drop Then sell pb's if the drop is in good volume and it retraces on low vol Lets see

Cable Update (GBPUSD)

We are so close to the asia high it's hard to see this not getting smashed I'll wait for that at least I'm treating this as a liquidity grab for now but not engaging yet Within the supply created from yesterdays high drop is possible but need to see ...

Cable Update (GBPUSD)

What boom? It might not be. I'm not ready to sell this yet. See how the next hour pans out.

Cable Update (GBPUSD)

Plan today. I think the only safe option is to wait for a push above Yesterdays high to around 1.2250 , wait for a shift in structure to bears and sell pullbacks. If it doesn't happen, no trade. Target below 1.21. I can't rule out 1.23 but I don't ...

Cable Update (GBPUSD)

It takes some practice but I just showed you its more than possible. If you side step all the news then you miss the biggest moves. You just need to think like them. It's quite rare to get a clean 100 pip move like that, if you're trading prop with ...

Cable Update (GBPUSD)

100 will do, closing early

Cable Update (GBPUSD)

I'm targeting 1.2050 for the drop. Below Sundays low

Cable Update (GBPUSD)

1.2220. sells for the rest of week now.

Cable Update (GBPUSD)

Lets see how this goes.

Cable Update (GBPUSD)