Thank you ICT, wherever you are. You made me a great trader. 40 pips a week is all I need. I am done with this week. :51:
Never thought Iād see MG99 say that Bwaaahaaahaa!! :18:
Dammit betofx! would you change that frikken avatar!
6-3 vote was on bond purchasing, not interest rate related. Bank of England split 6-3 over more bond purchases | Reuters
Interest rate vote was unanimous āhold interest rateā.
I knew I should have entered @ 1.3430 :54:
Iāll most likely be looking to sell from this point onwards, assuming weāve put in the highā¦
Humm I thought you guys were saying Fiber was Bullish MS?
Anyways Iām a tiger for punishment.
Got a buy limit set @ 1.33550
OTE
Support
DJ USDX just took out LTH & bouncing on daily R2
Cable Fiber Divergence
Hoping for a NYO reversal here
Against me is ADR not far below.
Obviously if USD news is bad Iāll be in the pips
TWYS!
I think some of you guys should write apollogy letter to Michaelā¦
Lol! Of course youāre not talking about me eh? :54:
Iām considering this type of setup too. Very clean levels @ 1.3430. It would be just like them to rally it up through there before the slide
If you are looking at the 4h TF, as ICT has taught is typically the most āimportantā TF, it is. And the fiber is moving into an OTE long currently. Iām eying 1.3360.
Matty
Yeh, this morning I was looking @ shorting 1.34500 I think, but price never climbed into the Bearish OTE so I left it. & the Asian High never got taken outā¦
I really shouldnāt be trading as I have my pips for the dayā¦ donāt wanna give em back after all.
Oh & I note that the retailers are predominately short, 54% according to Oandaā¦
Hmm, Cable just formed a giant pin-bar on hourly, so I will probably be out soon (maybe a cue to go long for a daring soul? )
It a hammer from where I am :22:
I think the fun will be with the Fiber if anythingā¦ weāll know in a few minutes spose.
UPDATE: Cancelled my buy limit,
From what I could tell it was overall positive news for the USD & didnāt retrace to trigger my order anyways.
on the other hand, 89% of retailers at MyFXBook is Long now, and Price has yet to cross the wMS resistance, still slighly hopefull 6pips to my SL
[QUOTE=jonnycab;460676]I knew I should have entered @ 1.3430 :54:
Iāll most likely be looking to sell from this point onwards, assuming weāve put in the highā¦[/QUOTE
I was thinking the same at the timeā¦very pinning at the top of the ARā¦went to sleep and was stopped out. Im back long now at 33635 not quite the OTE but lets see what happens
Sorry my phrasing was ambiguous. Yes the rate vote was 9-0 but the minutes of the meeting noted that rate cuts were discussed.
Great trade man, I guess I shouldnāt have called it a night. I am long on Fiber right now just trying to recover my 7 pip loss yesterday which should have been a winner but I tightened my stop too soon arghhh
You must have gotten a good 140 pips from that one huh?
Lets see how this plays out:
I am still, in, so have locked in 115 pips My personal all time record
[EDIT] Feel super greedy right now, but will see what happens
Got a feeling this will play out well for longs, as you said it will run right up to the Asian High again. Ive seen this before. One thing i noticed and realized is the market is very technical, so lets say you have a upside target for a pure pattern technical move and Price at some point is being manipulated by smart money from reaching that target, at some point in the short future they will spike it up there quickly to fullfill that Criteria. Its funny because u can tell the entire move was false.it happend couple times this week already price spikes to where price should have been b4 some type of manipulation.