Yes he has a different name. Why dont you tweet him.
Just did,
got an unusually quick response than Im used to lol
Hope you got your answer Tansen, sorry I cannot help.
Yeah I did, big boss answered my question swiftly via tweet, I just didn’t know because I turned off the mobile notes
Missed the reflection short on the Fiber this morning, right above that swing high on the 15M for those who were short yesterday
Been short on the Cable from 1.52 though
Anyone catch the Fiber move this morning?
Still short hear from the stop run of the AR…50% off right above the 20 lvl…final tp around 29500 or so…alot of confluence around that area…i also suspect 200sma will join in that area also. Measure move down on a head n shoulders pattern puts it in that range also.
Was in fiber for weeks and added a position yesterday at 1.3127 last min NYO session lol. My 20% I was holding going into this week turned into 12% because I took 8% profit, then it added to it and it exploded to 20% after I added then later afternoon yesterday turned to 30% and it now sits at 40% lol
Only reason it gained so quickly is because I used 1% risk again but thanks to fifo I can’t take my partials I normally do so I’m in for the full haul
Excellent job! I reentered on Fiber when it attempted to retest the AR low, been unwinding both positions on the Cable and Fiber as they pushed lower. Nice end to the week!
Stops were at BE at this point, just after NYO, hit some downside objectives @ 1.2990.
No final TP limit set, but I think 1.2980 seems reasonable. I left 10% on, I was going to close all out @ 1.2990, but we have some US news later that might help the Fiber slide. Its a small portion eitherway, trade has been funded regardless!
Im personally shooting for that 1.2700 level, no real reason for 1.22~ but it’d be really nice if it did
Yes, not much support until 1.2880 (on the Daily TF), thats my next level I’ll be aiming for next week if we slide some more. I tend not to hold trades though, I might start trying to do that, but I’m more of an intraday trader…
support and resistance, core concepts, optimal trade entry, fibonacci concepts, judas swing, power of 3, price patterns, trading inside the range, trading london and ny open - don’t recall what these last two were called.
On support resistance you may want to look for more information, Chris Lori had good presentation on s/r
Just getting myself back into the intraday game. I am aware that ICT is not covering Cable at present, but it doesn’t do any harm to highlight the concepts as they played out last week. It has been called various things throughout the material - ‘Z day’, ‘Search and Destroy’ - but the template held true for the week and the tight consolidation day (Thursday) before the ‘Nestea’ drop. Last week of the month is a time when this template ‘typically forms’ (ICT archives). The AAA downgrade gap from previous Friday was filled on Monday, with Cable rising to fill most of the inefficiency that occurred in the drop (Lori teachings) by Asia session on Tuesday. Tuesday trading saw Cable fail to make higher highs and it dropped down to take out Monday lows in early Europe trading on Wednesday (Judas swing). cont…
It has been a bear market so Wednesday highs respected OTE short for a quick pop down (70 pips). Thursday was the template ‘Z-day’ occurring on the last day of the month, and saw the weekly highs and Tuesday highs raided. When you get a ‘Z-day’ consolidation, you need to be on the look out for the large range day coming. Which way? Higher time frame bias indicates a short, and it looks like we might be aiming for HTF Weekly OTE @4950.
Draw a Fib on Thursday’s consolidation and look for the equilibrium level at 50%. That was 1.5185 by my calculations. NY CPP on Friday came in at 5178. Institutional 80 would obviously be a point of interest. So it trades right to the equilibrium 85 out of Asia, comes down and takes out the AR lows.
Trades back up to OTE (but only a tight OTE due to an intensifying coil consolidation), and BOOM! 200 pips. Cross referencing USDX - Wednesday has two higher lows on each side (daily), and it obviously wants to get to the higher TF 70%R.
Babypips - have you still not sorted out these issues with longer posts? Frustrating, to say the least.
They don’t sort **** out they just erase you or edit what you say and lay a ban or infraction for violating your dispute of their inability to trade themselves.
does anyone know what happened to the COT data from "barcharts"
the pounds last data was back in december as it seems?
currently (finally) reading up on larry williams’ COT book… and now it looks like I need some new source for COT data…
any suggestions for reliable COT data… preferably free? or good value for money paid service if necessary?
would be appreciated;)
and I hope I wont be banned because I mentioned someones book…
edit: Oh I got it! my bookmarked symbols where not longer used… I changed the symbols and now its working again…
Try Current Commitments of Traders Charts or CoT Charts - CommitmentsOfTraders.ORGCommitmentsOfTraders.ORG
Mark
Hi guys, Im getting ready to start trading tomorrow, and I will be looking for shorts in Cable, because of Rising USDX I know we are in a ‘fake-OTE-short’, but I think we will continue to rise… Also, Smart money have increased short positions in Cable(COT), and Increased long positions in USDX.
I will look to long the fiber if USDX turns though, so I’ll se what happens (basically because of the rise in EUR/GBP, and that the smart money increased longs in Fiber last week)
Good luck you guys!
Cant agree more Richard this week gonna be another sell week. gl everybody