closed most

Cable Update (GBPUSD)

in long

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Targeting around 1.3110 ultimately before the turnaround, weekly demand level on GU coming up and we may push a bit deeper into DXY weekly supply after a couple of weekly indecision candles

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That strategy never worked for me intraday on GU Let's say price approaches a level and price action appears to confirm a trade setup late NY/early Asia. You can almost guarantee London will come for the low or high made to crush the stop losses ...

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I think 1.3330 is the destination then bear next week not putting money on it though

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I missed that end of level boss, sounded wild

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Impossible, there is too much volume and liquidity. You'd be fighting against the central banks, the Fed etc. They rule the roost. Don't fight the Fed as the saying goes. The market cap of GameStop etc is a drop in the ocean compared to FX

Cable Update (GBPUSD)

It was stopped out BE but kind of expected, usually if you have an idea in Asia/late NY just wait for the stop run at London then take the trade I think the original idea stands- where I drew my yellow arrow, think we'll grind up to the liquidity ...

EURUSD

Long on ze EuroDollar Kinda think the low may be raided at LO so my stop at BE.

EURUSD

I studied Economics undergrad and post. My tutors were universally awful, terrible teachers but probably gifted researchers, that's what they're there for. Was a good school, too. Eventually just scrapped the lectures in last two years of undergrad ...

Cable Update (GBPUSD)

This only my second trade this week, been pretty inactive Opened the charts around NY equities open and price was making a final grab up to RN 3350 in the h1 supply zone that caused the big drop earlier in the week Joined the action a little late ...

Cable Update (GBPUSD)

GBP and USD both weakened on Fri then recovered a bit at the same time Their relative strength needs to be opposite for a big move

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Yea exactly was watching this zone for the melt could have held longer in hindsight

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imbalances, trapped buyers, i updated screenshot, was crucial level and could enter with 2 pip SL for great RR

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TP

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shorting

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Ya exactly I wasn't actually trading this, away from keyboard--if i was not sure if i'd either be stopped or if volume would have invalidated it, to me the setup looked good though had it not been for 4pm

Cable Update (GBPUSD)

OK not so easy haha London fix weirdness, 150+ buy contracts entered at 16:01 on futures market

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easy sell

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3320-22 might be good short, PA confirming look for compression to finish

Cable Update (GBPUSD)