Yep, I know another punter when I see one haha.
Gotta love the odd punt!
Hey would you mind posting a chart of what you saw in bonds today? I havenât incorporated that into my trading yet⌠but it is time.
Not me⌠but if i was, i might consider a short on cable from where we are right now⌠
[B]I am just so excited that I had to share this and very, very tickled for several reasons.[/B]
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The most exciting thing of all. Since the my big loss very early in my live trading I have not had a month which is as near as nothing to break even. Literally pennies (about 10-20p) away from break even for the 1st time in 9 months.
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Itâs been a very long time since having a trade that exceeded 20-30 pips. Got a live one on my hands on my main account thatâs currently in the mid 80âs Wowserâs Yayyy
and its riding on shirt tails, think I could become a master limpet if I can keep up the consistency. -
72 Pip haul so far for the week just on the break even trades alone. These are on AUD/JPY and EUR/CAD. AUD/JPY = 44 pips so far.
Since learning about ICTâs way of trading things are staring to turn around very nicely both in terms of confidence and execution of my trades.
Just wish I had, had enough time to replicate them onto the challenge account when setting them up.
I knew I could count on you to have the b@lls to hold on. lol Way to go.
Well, you got a lot more than 0,7 pips, so Iâm quite jealous!
It is just USDX triad divergence - the only difference is that since the action was gbp based you could call it the gbpx triad divergence 
Some people view the market from a supply/demand perspective - ICT goes one step further back - risk environment.
I had a big story in how I am reading this, but the simple way is best - bond prices dropped because perceived risk had dropped - investors will not want safe bonds if there is no need for safety - lets all buy things that are risky and make more money.
Hmm⌠what is risky and cheap at present ⌠huh huh the gbp has been taking a bit of a beating - has to be cheap.
So at 13.30 the bond players start to sell (the 1st of the 7 candles on the 15 min us 10yr) - they call up Mr FX â we are starting to sell , you guys do the same, maybe you can spook out a few longs and get some new shortsâ
So they BOTH are selling - then they read babypips - quick call â weâve been rumbled you can stop selling those bonds now - risk off? yep, lets get buying those gbpâs like we intendedâ
Just my take on it
Peterma beautiful analysis!
Further to my earlier post today, I saw an opportunity to wipe my face and end the month on the first positive monthly increase for 9 months despite the fact that its only 0.16% increase.
Felt this was more important for the real shot in the arm than letting the big pip winner carry forward for the remainder of the week and into next month, despite the very real potential to gain considerably more ground.
Still have one live trade the partner to the EUR/CAD you can see on the Pip Haul piccy below.
Very, very satisfied with the weeks total haul of 184.5 pips and to end the first month of the year. What a high after all this time :18::60:
Because this screenshot is from my main account I have blacked out some information.
i was kinda busy today and didnât sign in, and now notice there were fiber long entries in the 47-50 area, and then some traders closed positions before the move up. This is a view of fiber h1 with weekly pivots. Thereâs lots of things going on, every day is different, but if you know or feel you are in a good trade and the thing does not move, then the higher frame gives the better picture. The higher frame âhas more timeâ in it.
Nicely spotted! Weâre also already hitting yesterdayâs R1, and todayâs mid R1 and weâre only into the Asian session.
Quite big movement on fibre after the closes today, USDX down 16 pips and hit lows of the day at midnight. USD dumping before big news tomorrow?
an update on my effort to switch to longer frames, and keep some position open at the end of the day.
.3 remained open at 3421 since jan 29,
.6 at 3505 since the 30th
.4 at 3548 since the 30th
no trade today⌠need to consider what to do given news tomorrow.
good trading all!
Arose this morning to see about 50 pip still on the table
Took final TP at 13606 for 56 pips early AR. Held on due to Peterâs Bond price action analysis.
Seems that the Bonds very predictive after all. This is more exciting than the pips.
yes, possibly linked to events tomorrow.
it may also be the continuation of trend, independent of news schedules. Between 3420 and 3560 we had about 28 hours of price increase, then market usually takes time to consolidate and have people get used to the new price level. and we had about the same time, 30 hours in range, and now itâs started moving again!
Ok Iâll tell you what guys from now on! Limit orders only. And only one per day. Hit or miss. No canceling no reneging no changing. No second guessing. I screw myself every time.
You are right⌠Itâs absolutly horrible to close a position because of doubt, only to have it go your way an hour later! When you are in a trade, I find it so easy to get scared by the first little retracement, or if price doesnât immediately go your way, and then you start second guessing yourself A LOT!
Thatâs my experience anyway⌠Itâs really my main problem at the moment. Take this week for example. Itâs been such a strong trending week, and Iâve opened a long position almost every day, but my best trade this week was 46 pips, with 1/3 of my original position size! 
Forex trading is REALLY frustrating at times!!
When will I ever learn and stop trying to pick tops and bottoms of the markets always against the trend?!?!?!?!
P.S. If we spike up to 1.3650, that is definitely the top LOL :59:
Isnât that where the OTE pattern will help? Letting the top form, and then waiting for price to start retracing back into that optimal trade entry, making for a much lower risk trade!
where is the wife? LOL
Yep, Iâm actually going to make sure I allow for that going forward instead of trying to get in early!