Totally! Got in late, was rushed off my feet at work today, missed the good entry at the 1.3420 institutional (I wanted a retrace during the start of NYO but didnt think we’d get there, so entered at market).
Took full profits at my Limit, didnt have time to manage the trade today (but I’d have probably closed at the 80 level), but that was a nice spike up!
I will be stalking Fiber short this week. Here is what I think. Each advance has been around 450 pips, now we are there, and we are also at HTF resistance. Each retracement after the advance is about 250 pips, and that should put it at around 1.3250, which is previous support, and resistance before that. Also we are at Tuesday NYO, still within ICT Monday - Wednesday theory, possible weekly high.
Thats what I will be staking for the rest of the week. What yall think?
This was a good set up - whenever I miss a good trade I always feel consoled by the thought - better to miss a good trade than catch a bad one.
BTW I had been sitting with a buy limit at 3420 since Jan 25 evening, within 5 pips next day - cancelled it last night, but I am happy with my decision - ok I missed today as result but my reasoning was sound - the longer price hung around the more concerned I became that the legs were not there for the higher stops, the set up became weaker with time - the risk of going straight down, in my mind, increased.
Now to start the hunt all over again.
BTW still sitting with a big sell order at 3550 
Okay guys… I tried this and for some reason when you click on the picture I posted it takes you strait to the postimage home page. What am I doing wrong?
Sorry for hijacking the thread with my lack of forum competence. lol
i think i might get long at 1.3453
I took a break for a few days… I am in a “waiting mode” on fiber… looking for shorts.
Though, I still have Mr. Cable at the back of my mind
Ok you NY guys - are you thinking of breaking out before you close, the Asian session does’nt usually take that on, so if not Ny and not Asia, well then it’ll have to be LO. - but break it most certainly will …
Are you talking about breaking the highs made last jan? It will either break those high during london open… (Likely) or retrace during open giving a nice place to enter either late lo or early nyo. (less likely but safer place to enter…) Going long near 1.35 is scary to me because those old highs could provide pretty quick resistance… This wouldn’t allow you to move stops and take your risk off…
Thanks, I don’t like my chances, price is just below a long term OTE short. but only a handful of pips away from my Stop loss.
I’m expecting a reversal but not immediately, consolidation phase first. Very sloppy trading today…
I really have lost my edge this week. :15:
I got in long around 1.3424, and took 75% of my trade of at 1.3450, and the rest at 1.3470… Cutting my winnings hopelessly short once again!! It’s really annoying when that happens! I made around 1,5% today, but it could have been like 3-4%! 
I know you shouldn’t think like that, but sometimes it’s hard not to I mean it’s hard enough to get a good entry on a good trade, so when I can’t “milk” a good trade for more than like 30% of the potential profit, it sucks!
But I guess it was still a good day
Yep - the old saying ’ do’nt buy into resistance’ certainly applies no matter how appealing it may seem - except maybe if you are a breakout trader, do not think it’s ICT’s way of trading.
I find that at these times it’s great for learning, trying to see what smart money are planning, I’ve been trying every conceivable angle - not a single thing.
A while back it was easier to see that they were determined to get 3400, then 3500, ICT’s teaching about ‘clean’ areas helped to see that price was aiming for where we are now. Now that we are here … nothing
Seasonal tend says bearish euro, cot says comms are short but only just, cotbase anaylsis of vol/oi is slightly bullish.
My old friends, the US and German bonds are saying absolutely nothing - green, you have’nt lost your edge, it is just that Mr Market is being very coy with his signals - but he WILL slip
I understand how you feel. I have the same scenario last week. I am reflecting now what I could have done differently so I can bag more profit. If I just completely close on a trade with a 100% profit on a 30-40 pips on that day and not cutting it to say 50%, I will probably be happy with it and get in again for the next set-up. I guess it all depends how strong that trend but yes it is really unpredictable and as you said “annoying”…Live and learn…
One little hint on the fibre, earlier, last week and the previous week the action was Euro centred, the usdx was’nt a big help, that has gone, the usdx is back in sync with fibre action.
On the usdx hourly we are in the range from Jan 14 to Jan 18 - run a fib from the low to high - see where price is now.
Another small thing - us 10, 5 and t bond and german all did not post lower low in price today when compared to yesterday, they posted higher lows - I expected lower lows to reflect the higher high in fibre, and the lower low in USDX
These are small things - maybe I’m seeing something that’s not there!!
LO will tell the tale.
Agree. I was happy to see usdx break out of the little range it had been holding(red line). But anyone looking for longs should be cautious during LO because of usdx OTE.
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I cant comment on bonds. I am not experienced enough to tell you what they are saying about the market. lol
I think I’m going to try and get long on the cable tonight. 3 day fractal pattern. And we ve had a lot of selling. Needs to fill in some price inefficiency as Mr Lori says.
1.35 resistance on Fiber seems to be broken, and so does the 79.50 support on the USDX. Could be another long day perhaps Unless it’s just some sort of LO fakeout!
I’m just practising scalping at the moment (usually a swinger) but I was looking at a Cable short. @1.5760
60 level, OTE and pivot point.
Also I’m trying to trade with MS (1H) which is short
The big question - breakout or fake out - my money is on 3540 for now.
