Yeh I saw the USDX starting to bounce off S1 pivot (resistance) figured it would most likely retrace down towards S2 again…
damnit fiber!
akea, do you adjust your stops? and if so, how and when?
long fiber, 3423,
it being lower end of the range, through prior day low and rejected
and cable likely to pull up. there’s an option expiry at 5750 today 15 gmt
trade fails at 3415, 8 pip risk
edit: stopped out, that was quick
Well, last week as petema pointed out, they were selling Pounds & buying Euros. It would appear they are now selling Euros & buying Pounds.
My Asian Bearish Fiber DIV & bullish Cable DIV were both correct at this point, even if it was confusing :eek:
Long Fiber at the 20 - 13420
H4 Bullish SMT Divergence
Whether or not this was a good idea remains to be seen.
'm back in at 21. hope it’s not one of those days.
also there was a harmonic that completed at 3413… i could have paid more attention before first entry
cable trade -
option expiry is not part of ICT material, well aware of it, it can be useful addition to regular ote entries. For example today, there was accumulation in AR, support at the top side of the range, and ote’s for the entry. The option worked as incentive for the large player to take action in the time window before expiry
entry was at support, 5740 was fine for more than half size tp, from now on it is their business whichever way
… seems that it was. Have taken 30 pips first profit on half position
Will let the other half run with stop to a little over BE
With you in there, long from 3430 since LO
took the remining 50% of 60 pips at 13480
SMT Correlated Pair Divergence Rocks
Ha ha yeah so true!
I’m really stuffing it up today thou.
Got caught with my pants down, had two fiber shorts, one taken out -30pips the other just hanging in there @ 1.34646… Lets hope for a correction now the old highs have been taken out :51:
solid trading rod, very nice.
this line at 65 it has been working around the past couple of days was resistance on weekly chart from way back. If we get higher frame closes above it and turns into support, then it may be good grounds for new longs.
hope you get a pullback on this
Mixed feelings right now, sat up 2 limit orders for 1.3420 on Fiber today because of bearish MS on USDX, Hidden OTE from yeasterdays high to 1.3400, Reflection ote on LO High-Low, and looked for a secondary OTE inside NYO.
(I think it is called a ORO pattern, OTE Reflection and then a OTE)
Missed it by 5 pips
Sad because it would have made my second trade on my live account, and it would have been a winner,
Really happy that I waited for it and belived in it even thought I read about many being short on fiber
Also, all this happend in 20 institutional number.
So basically, just bragging, I love this stuff
all good.
cable to 57 closed all, tomorrow is another day
though i’ll keep some fiber open, today i will do it. I’m trying to switch to longer frames and find it’s awfully hard to keep things open at the end of the day, what is power of habit…
Those were the things I was looking at. Price never made it down to that level this morning obviously. I don’t see it coming down to 134 after this today. Time to look for a new level. lol If i had been up for nyo I would have bought cable…
AKea, Long one day short the other. Way to stay flexible and profitable;)