okay a bit random this morning but long fiber til 3800, long EG til 8800 and short cable to 1.5600… if Fosters made Forex…
lol
i did not mean the long bias, but more the exact entry. just ar high and 20 level? because even the 62% from asian low was lower than the ar high. ok, i personally never enter a trade without an ote but that’s probably just me 
i know the ote area you speak of. and that is why i could not understand the “premature” entries again 
but ok, catching london momentum and giving up some pips. i see. that does not fit my style though, so i’m happy i missed out.
and btw i am not nervous about my short at all. i’ve made up a relatively strict trading plan and the criterias for an entry were matched with the short. i am not worried at all. as i already said a few pages ago: i am detaching myself more and more from this thread and other peoples opinions. and to be honest i feel i am already at that point where i am unaffected. i don’t know what happened, because i thought it would take much longer. i had one or two trades the last two weeks which i was not really comfortable with, but which i took because “everybody else was”. sure thing, both trades were losers. it is just a horrible feeling to lose, when you did not trust your own analysis, but tried to jump on the bandwagon with others. after all, i got to live with the results and nobody else.
that being said, let’s see how my account burns 1% (just 1% risk because of interest rate decisions and speeches comming up, not because of you guys )
glgt all!
fyi… 3569 also the weekly pivot
You’re right, this mornings Asian range long OTE didn’t actually reach the 61.8%, I was already in a long trade from yesterday & couldn’t see a reason to close it, rather was looking to add to the position.
As for been affected by others analysis on this thread, I’ve found that as I become more comfortable with the tools & confident with my own judgement, I’m much more independent in my thinking.
Yesterdays an example where several were doubting the Fibers bullishness but I decided the 13500 as a good option & went ahead.
It just takes lots of screen time I think.
Oh and, TWYS 
Interesting… I’m trading FXCM and Classic Pivot, maybe that is the difference
Also… I meant to say that 3569 is S1 not the pivot, I have 3640 as the pivot
1.3582 here
Whats with 100Pip candle on Cable?
ECB meeting today
ECB: Monetary policy decisions
So we are supposed to think of big news reports like this as volatility injections, no? I have half a long position still alive from yesterday with s/l at BE so I think i’ll just cross my fingers and see if I catch it in the right direction >P
Another thought, this decision basically will be affecting our risk on/risk off stance, we are currently in a (quite) overextended but still strong risk on environment as I see it.
So the ECB decision could possibly trigger a risk off, is this correct? Then again the FED is dovish until unemployment hits 6.5% so in comparison…USD may remain the weaker.
arghhhh aahahha the more you learn the more you realize you know nothing!!! ahhaahah
>O
don’t get me started, i had a long cable position open from yesterday until 2 hours ago
ref cable i will post a screenshot of the position when it closes…
Edit… King Kong feeling if I was lucky enough to be long this morning
Anyone short (scalp) the Cable @ 1.5760?
Pull a Fib on the Daily
62 is just slightly above today’s AR Hi (good confluence also with yesterday’s LC and the 20)
70.5 Just below todays AR Low
PA out of AS would help determine the preference
Additionally, being under Day Pivot helped with a Long Bias and the higher entry at or near AR High
EDIT: imho short TF (eg M5) OTE’s are only of use if you miss on the first, higher TF, attempt.
No, it might seem ridiculous to some, but yesterday’s Asian highs, that’s what I trade around all the time now, the Asian levels.
As i mentioned yesterday - market has been waiting for Carneys first semi official comments - he said that the “bank should exit unconventional measures” i.e. QE therefore his comments taken as hawkish when expectation was probably more dovish ergo GBP spikes up. It pays to wait 50 pips on news! As I’ve said before this is not ICT methodology but keeping an eye on fundamental int rate news is an essential additional tool. What I’ve noticed is that you get a big push (up or down) on initial comments and if you can get in and out quickly then all to the good.
So we now wait for official BoE and ECB announcements later.
Interesting, just noticed, bounced right off Mondays AR high and splat, almost to 1.57… Not a bad way to scoop 50 pips
I was more interested in the sweet spot/79% retracement levels during that push up.
I got in that one jonny. ( The cable short, but I got in at 1.5750) Good luck to you.
ict just bought fiber. thus my short is going to be good
Of course, I meant Monday’s, missed out yesterday, I knew what I meant
I always use the last five day’s AR Hi(s) and Low(s) as KSRs. They often fall within a couple of pips from Figures and other KSR levels, although seem much more powerful (tested and previously proven I suppose) than other KSRs
Maybe I just like them because I’m lazy. Nevertheless they pack a punch and give a convenient framework, especially for the Short Term Trader. I like to be in during LOKZ and out before LC., for this ARs are a great tool.