Hmm reflection maybe?
Iād have been looking to get Long at the 1.2880 level directly (if theyāre tripping the stops here before sending it up, they wont send it down more than they have to), also note the large spike on the USDX that would have cleared out the 80.60 stops.
We may get another OTE style entry long, but to be honest, this wasnt really the reaction I was expecting, i was expecting a wilder price swing up after tagging the 1.2880. We may still get it, but I wont be looking to trade anything today anyway. Tuesday next week sounds good to me 
The fact that weāve made that lower low, to me indicates a slide lower (but ofcourse, it can only down after its gone up :))
Iāll be watching the 15M market structure to see if we break to the upside.
Donāt you worry Jonny, itās just testing out supply in the market before it rockets up!!! :59:
First video ever where I saw almost all the same things as they were unfolding. Did not see the MACD divergence though. I always miss the indicator divergences! Getting there ICT, getting there.
I did like this review. When you get into specific details behind why you took a trade thats where it gets awesome. Learning is sped up a ton when I see all the thought processes coming together.
many traders would not be looking to go long here. it depends on how much risk you are willing to accept, do you consider trading against structure? this is usually is high risk. Trading with structure is lower risk, because structure pushes price. say you still want to go long, and want to have structure on your side, look for it on m5, 15, 30 and on, depending on how much risk is acceptable. The higher the frame, the lower the risk for direction. Direction is not the same as immediate entry though, for entry you need to have direction and timing. Lower frames are good for the timing of entry.
Oh, okay then. It just seems like there isnāt really clear agreement on whether price structure has been broken to the downside, or if price will rocket up soonā¦ Or maybe I just canāt really get a hang of it all! Thatās quite possible too!
If we donāt see 1.2940 today, I will be most unhappy :58:
maybe a plain old bounce on former support, then resistance, then support (4 hr),
i wonderā¦ you think? i have a small position from 83 and considering what to do with it
I would personally just stick my stop at BE, take profit at 1.2940. Then at least you have nothing to lose today and the potential to make 57pips. Or even put it at 1.2933 for 50pips profit with no risk.
What the bond players though of the NFP
(US 10yr on top, USDX on bottom chart for last 3 days)
yes, iāll forfeit the 20 scalp and keep it. maybe we get some symmetry here and have price push up at 94? done deal
So USDX should follow up with the bonds 
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10 year failed to make a new high yesterday when the 5 and 2 did (Just).
I like that, may i ask where you got the charts from? Many thanks
My broker is CMC Markets in the UK.
0.7 pips spread on EUR/USD and profits are tax free as it is classed as spread betting for us lucky UK residents.
āA break is a break.ā
Iām treating the low on the 28th on EURUSD to be a pretty key ITL. Itās just been taken out there is a support level there which appears to have seen a reaction too. Iām thinking longer term downtrend but retracement first up to my guess 1.3000 which is also OTE on the 4 Hour move. 4 Hour SMT divergence between GBPUSD and EURUSD at the moment too which is suggesting to me that GBPUSD is being bought. So retrace and then down is my premise.
The longer term downtrend idea is because of the seasonal tendency the large OI drop at the last ITH daily and that market structure has in my opinion broken down on the daily back at the end of October. Also this large move down that started yesterday happened right in a daily ITH to low swingās OTE.
So Iām going to chill next week wait for 1 hour clear structure breaks for longs then look for entry to jump in on the smaller S&R levels in that direction. Aiming for that 1.3000 level as a weekly target. I wonāt trade into resistance though as Iām convinced now that structure will be holding for shorts. (Breaking supports and holding resistance.)
Iād consider shorting if there is some sort of consolidation that I can clearly see on the 1H chart at a resistance followed by a break to the downside. Then I would look to short down to the 1.282 area where Iāve put on a support level. If price does break down though it would be extended and so Iād be looking for areas where support will start to hold again. At this stage iād have a ponder about 1H structure breaks upwards to get long.
On a side thought:
OI in these past few weeks has been boring! Although Iām excited to see what mondays reports will say about this week and the OI of these past couple days. Because of that break downwards just now Iām wondering if it will be seen in the weekly report that positions were taken to significantly sell.
Well having said all that Iām willing to change this premise at the drop of a hat. Or more to the point a clear change of market structure.
I have a spread betting account, although donāt need one ATM as not profitable yet. But its nice to have never the less. I take it you do all your trading with them and are happy and would recommend? I am manily liking the tight spreads of 0.7 pips thats very good.
Any slippage or re quotes ect?
Tick data manipulation?
TYSF
Iām pretty happy with them and I have had no troubles to date when doing up to Ā£100 per point. Stops do tend to slip a little, up to 1 pips now and then, but nothing that worries me at present. Also I have withdrawn a grand a week for the last few months we no hassles at all.
Itās the only company I trade with at the moment. IG are pretty good too and I have an account with them, although I havenāt used it in a while. Oanda are by far my favourite, however I would pay tax on my profits so I donāt use them sadly!
Although price may move up from the Fibre soon Iām not ruling out it being corrective with a further leg down to follow into the 1.275 area (possibly 1.26 depending on fiscal cliff resolution). Anyone with a similar medium-long term viewā¦?
Would still like to see that āSanta Rallyā and prices to go into the higher 1.3ās next year.