(binned per thread starter's request) Market bottom rotation trad

Naa I will hold to 1800 (EU) and 3480 (GU)

As pointed few times before, when macro is aligned with your micro entry expand your targets, but this might be much harder to do than its said if you want to be accurate, and in combo plays you need to be accurate otherwise its just waste of time and money.
That said it means you need to have two options on hand to execute it: either you stress / back test your setup so much in history that you have very strong empirical data on what is likely to happen without knowing much what is going on (for example only have price action "knowledge") or you figure the fundamental reasons behind the actual movement why price goes where it goes and then use those reasons to build your macro positioning. Either of them works, but each of them take time to learn and master.
Behind the pairs you mentioned there are very deep fundamental reasons of emerging markets why those pairs are likely to go where they are, and it takes about 1-2 years of full time studying to get that, as long as you are serious and dedicated to be the trader that wants to have answer that is how much it will take you to get there.
This thread by no means will cover even an inch of required knowledge or info that you need to consume to develop good overall view on markets, i am only giving recipes here, engridients have to be learnt by each individual by themselves. This isnt because i am lazy or not willing to share info, its simply physically impossible for me to share that knowledge as i would have to be typing the info out 24/7 as its that much to cover.

So while you asked good question ill point to how the path to get there looks like. Every trader that wants to grasp the overall macro capital flows will begin with tracking central bank conferences, events, some economic news here and there, some news sites and mostly forming way too strong opinions on way too little knowledge, thats just how everyone is built, one should avoid that but....its just what happens. You only get humble once you markets teach you, none is humble at beginning or at middle of it.
Overall getting the right infos will be a trial and error process, you sign to few youtube channels that make "logical sense" to you, you read or order few books that make sense, you watch some documentaries or watch shows that make sense, and over time if you stress test those individuals and see how aligned they are with reality you start to notice those who are often wrong and those who are often right. Those that are often wrong are excluded from your future participation and thus you move upwards on the ladder. The most important point from the previous sentence is what most traders dont do and is what makes them stuck forever. Stress test the opinions. If you dont check how many times and how accurately the individuals you learn from are right, one can walk in the fog for years. Thing is that most people have idealistic or uthopian thinking and therefore they are not aligned with reality, so you better make sure you figure out which kind of thinking they align to.

Learning macro capital flows is one huge struggle, from my experiance. If you do it right and keep learning you will feel stuck for a while before actually really getting it, even that youll be gaining knowledge day after day you will most likely still find have wrong view on market, thats becouse it takes to learn all of the puzzles before you click to get the full picture, the most important thing is to not get frustrated, and keep progressing and keep excluding the informations from people who are too often wrong.

Quick directional input would be:
Subscribe to youtube channels of individuals that you think they have good knowledge on world / economics / politics / game theory. Even if you subscribe to completly wrong individuals dont mind that, as time goes on you will learn why their perception is wrong if it is and youll get valuable lesson. Learning from mistakes is the single strongest way to learn in trading.
Get books, get movies, videos , PDF material on markets, politics and economics. All of those are needed to understand macro movements, mind that many people make huge mistake that understanding macro flows is all about macro economics...which is not true. All puzzles matter. Study things from systematic point of view, never from shallow point of view whatever is happing at that second of the day.
Always study the subject from outsider or neutral point of view, always be mindful of who is presenting info. Never listen to US media about how well is US economy doing, and never listen about Russian media how well is Russian economy doing, using counter sources especially the ones presented without agenda will deliver more objective info. A good state media channel or political person will always hide negative facts and expose bullish facts, thats how it should be done so realizing that will step your game 1 step forward.

It has been said on this thread before , and to say it again its all about game theory. No matter if you want to figure out why nature works the way it does or why human society works the way it does or why markets do the way they do it all comes down to game theory. Every living being moves the way it does due to the intentions, risk, play, reward it takes from situation, so always think from game theoretic perspective why someone is doing strategy or play they are doing and youll be ahead of most people. When you hear on media useless info of why Trump hugged Chinese or French president in wierd way, think of it what is the actual important strategic info, what has been told in between the lines that actually matters, chit chat never matters, its all about intentions. Hidden or given. Being good strategic player is about figuring out other (stronger) players strategy before hand. Why someone does what they do. It could be individual, it could be whole country. It could be central bank. If you have basic knowledge on economics, your first aim should be for Turkeys central bank to raise rates strong, which hasnt happened. Now put yourself into strategic player shoes, why hasnt that happened? Find an answer. ----president not aligned to it. Then think....how should markets react to that? Strenght or weakness? Here is one quick tip...markets always react to players who neglect reality from side of weakness, that is where the 21st and 22nd century are moving to. You either acknowledge reality and fight it, or you deny it and be punished for.

If you done everything right over peroid of lets say 2 years by then you should realize that 95% of knowledge or individuals you have been learning from are actually in the wrong. Its not a pessimistic view, its just what reality is, majority of people when presented with huge amount of data will simply get lost at side tracks, without returning to the main road. If you arrived there, then its just a road to build further experiance before being consistent with macro view.

Your question is 100% critical part (if my answer was to be perfect, which is far from that) as simply most traders will either get lost or gave up. But at the end its road to go on, meaning that if you arent serious enough to push for it, none of my answer really is worth anything. Its like writting down to someone who wants to become great athlete what is the strategic approach to get to it, 99% is about actually having a iron metal will and discipline to push trough it, all the theory written down wont matter much without that.

From all the points made, the first point is to focus on, always follow the symmetry. Aligning entry to that and risk to that is what order flow will follow most and the traders account.

definite killer setup
some tips for entry and tp. ofc its just theory. we all know how it works in reality

One thing i forgot to add, history. In markets you dont get anywhere without history. Before macro economics or maths or any bro science, it comes history.
Any prediction made without using history as guide is either a guess or just a indoctrination. Study history as much as you can, it doesnt matter at all on what level, war, symbolism, economics, doesnt matter, its all about strategic perception . Studying it to the point that you can throw most of conventional knowldge out of the window thats when you arrive to the point.
To the example explained before....Leonidas and Persian aggression, who was in the right, study tactics from all angles to get the objective answer who was in the wrong there. Once you get 100% objective answer (which in that situation is ) youll get what is higher strategic thinking from other people who are too ideologically biased.

Afer London delivery afterall -

symmetry and how it breaks
Jan, would you consider such a scenario?

TRD yes. Symmetry is all about consistency in terms of how many times it went along ,this play for B quality play is fine. Small size on strong HH bake is fine.
However the projected target is only a guess, no orderflow supportng it.

For some reason can't post image but nice clearout happening on 1 min GBP/JPY was already watching it and thought of this thread!

Many many thanks, JP. I probably won't make it ultimately. But I for sure will remember these words you wrote and try harder.

btw, i do know 300 sparta is a racist movie telling sort of the opposite story, lol, but didn't learn deep about the whole war. will dig it more......

TRD, thank you so much too! I truly appreciate learning your interpreting JP's concepts!

played as expected. Too bad i was sleeping

GBP news bad, and price dropping but on LTFs i notice big orders coming in. Somebody big is buying the drops. Me too

GBPAUD

USDTRY

Some soft news no surprise, no play there, tomorrow might be more important for GBP, depends how hawkish Carney is on speech.

USDRUB potential play on the wings of TRY. If it tightens with another HL print its a play on HH bake.

JPY very strong today, eyes on potential continuation bear setups on XJPYs.

EURCAD

Gold was eyeing it but for some reason didnt enter. Solid run along macro direction.

USDTRY long sold some gains the rest break even.