Two scenarios I think, either we sell off from here 1.3820 in which case short pullback Or the commpression is incomplete and sell above YH closer to 1.3850 Am just glancing at the PA not trading today so ymmv

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We can breach yesterdays high soon I think

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You were saying short at 1.3740 before NYO?

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Nice one. I did catch the long from m15 demand zone around 3740 at NYO so I made back my loss and some extra. Yeah if in doubt stay out. I bought on the pivot at frankfurt which was obviously the wrong call, kind of a 'maybe' setup just buying or ...

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Here's your zone, might be a decent call.. looks like a liquidity grab push down, lets see

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Pivots traditional says at top left The box is just h4 supply zone manually drawn, just showing confluence. Channels like that not really tradable consistently imo but it's there. The channels look great in historical data and you think fk yeah ...

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I guess the channel is doing the biz I wont buy after deflecting off the asia low and bearish london and frankie now

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I cut this if it breaks the last low by more than a couple pips edit- and its out -5 pips whoops

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Try the buy

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Keep in mind they were justifying the high inflation last month with the eat out scheme and VAT cut (temporary).

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I copy your signal Pat

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Close now for my 10xR, 2% risk per trade I don't need to catch the whole move dont be greedy !

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down i hope!

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Being bullish and waiting to sell are different things

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Need a good break below 1.3820 to confirm the sell off

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Yea, is possible. Anything can happen. I don't/can't take such a long term view cause I can't make any money from it

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I try once more, locking in again, last one short before NYO

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Oooh crap. Yup. Locking in at BE Edit-and out at BE

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Is it. The interest rate stuff have been priced in for weeks i'm not sure. This is Dollar driven. We're just about to contact daily demand. Then we can drop on GU. hold the line! We've been here before, exasperate the sellers SLs, bring in the BO ...

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i'm in my first sell. stop goes to BE asap. Its not certain. Breaking above the last small high and im out I don't want to speak for Pat. Forex is a game of probabilities and RR. We can have the best ideas and they are not all guaranteed to succeed. ...

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