I think we are still targeting higher. That could be a fake one and NY are trying to get better entries for long IMO. Plus crowds are mostly short fiber, which gives more reasons to look higher!
funny fiber is being funny. not giving a s*** about cable
Lately they have both sort of been doing there own thing reallyā¦ Itās weird! I thought they were supposed to be correlated? :15:
They are! Inversely lol
Iām looking @ shorting Fiber now
one thing i didnāt like about the price action in fiber was the no follow-through after the large bull bar this morning. cable took out prior day high, fiber didnāt even try, with cable currently at the top of its range. i am in a short from 3345, with stop at 57, if runs above then i know itās all wrong, otherwise seeking a drop towards same 3285. weāll wait and see
I exited remaining (25%) Fiber Long when it failed to re test the 50.
Would like a re-entry at about 13300. Probably after bedtime by the time I would see confirming evidence or that level
Looks like the weeks open has just acted as a bounce point on EURUSD
Cable still holding on to that resistance 1.5880ā¦ Stubborn youā¦ just let it go so I am over with you
(Sorry, just talking to myselfā¦lol)
Fiber bounced off 13320, which could have been predicated via an M15 Stinger.
lol, that happens. the signs of a developing relationshipā¦
lol, yes it doesā¦ I just hope its not a heartbroken oneā¦lol
days like today are precisely the reason iām following the jpy pairs.
the yuppy and the guppy -)
didnāt trade there since following the fiber trade,
but see how nice price action both pairs had today
Personally, I prefer to see the price retraces a bit during NYO and bounce back to pre-open levels which gives me more confidence in terms of direction. Then I would wait for continuation of the LS trend. Some swing projections also could give more clarity (ICT style). For today if you measure a move from LO KZ low to NYO high per-open (60 pips) and add the same range to the NYO low, youāll get 1.3380 levels.
I hope we will be there by the end of the day!
the good thing isā¦ with timeā¦ they always come back
2 reasons - USDX into play - was at support and we had usdx traid div at same time - us10 yr was rising at same time as fibre rising and usdx falling (the 10yr price should have beeen falling)
Just missed my entry by about 30 seconds. I hate it when that happens! Still no revenge trading allowed!
I was going counter ICT selling EURUSD aiming for a weekly low tomorrow or friday. Anyone go short?
Yep, I exited at 1.3343, when all that divergence was occurring. Big drop nowā¦
ya man! short from upthere, at 45
Cable already down more 40 pips or so but my sl of 1.5820 still not hit. When you are in this situation, your psychological is starting to kick in. Should or should not kill the trade?
I will hold on to this until my sl is hitā¦ I still think itās going where I would like it to seeā¦but if I got stop. take a break and wait for other opportunityā¦
No didnāt trade it, although there was a reflection & OTE entry signal. Was bearish this week but had more than enough yesterday to try and "guess " today as I was unsure on direction once yesterdayās down move was corrected all the way.