was your bias long? or did you just try to scalp a little on the way up to your short entry? had the same thing in mind… but decided not to…
I plan was to wait for fiber to go up to 3080 but I also kept the mid figure a possibility to enter… Once I saw cable tanking like crazy and fiber was held back by the dealers… I just had to enter manually;)
just want to upgrade my risk to 1% soon… this trade could bring me there hahaha… entered with a tiny 0.07 lots (at 0.5% risk) and took off 0.02 lots at +20 pips and moved SL to BE…
Not a lot of money Im banking here (demo money anyways;)) but Im extremely happy to have the second profitable day in a row hahaha;)
babysteps!
would you mind sharing your analysis, as I’d like to know what is responsible for your bullish bias?
Im bearish today, so it would be interesting to know what things we see differently;)
(and if I’m bearish, doesn’t mean much with my limited experience;))
Thanks for the insihgt on Twitter and how you traded fiber today ICT, didn’t take the trade myself but watched the price action unfold and how and when you reduce RISK.
Went short @ 1.3042 on fiber (at that poke above the asian range high). 2% risk and 100 pip reward.
Went long 1.5550 on cable (scary buying into that freefall), almost got stopped out (30 pip SL) and then made 30 pips as well. Total for the day = +130 pips
It pays to wake up at 3am for LO even if on demo account. When I go live, will have the discipline built up. Although, am getting tired.
what a great day, I could get used to this;)
was able to decrease my losses to half with the winnings of yesterday and today…
was riding along 85 pips on fiber and around 20 pips on the cable (scaling out along the way…)
I’ll call it a week, and next week I can upgrade risk to 1% Then those moves will be more rewarding hahah
have a great remaining week… see you all on monday;)
Sorry about that bro, I think you might have misinterpreted my response - I wasn’t meaning it harshly or matter-of-factly, I was actually genuinely asking if it’s rising
Confluence: Daily S1, Monday Asian Session High, Daily R2 from Friday at Mid Figure 1.5550
Indy´s: Stochastic Oscillator at 9 AM GMT Candle presented a Divergence Type 2 (Hourly Chart)
I waited for the pull back until 13h GMT, at this time on the 5 MIN TF, Cable form an OTE for Long and confirmed with a divergence Type 1 and a Divergence between Fiber and Cable.
Snagged a cool 105 pips on LO trade…missed my fill for fiber LC trade by 2 pips. Normally that would bother me (since i coulda grabbed another 40 pips), but I was strangely okay with it today. Maybe I’m developing some mental stability or something : )
I honestly don’t know what is happening with the fiber.
Then those moves will be more rewarding hahah
