Cable Supply & Demand Intraday

Waiting for NY, very sluggish London sesh, price compressing still

Try long again RN. Stop to BE asap. TP shown.

Approaching TP

I would like to see a rise to 1.3720 daily supply area before more bearishness to 1.33 eventually. We may range a bit first.

DXY appears to have broken range, I'd like to see a retrace to daily demand before another big up move

i just watched this video on Dollar SMT divergence :

I'd noticed this intuitively just through observation and been applying it to my trading for a while, first time I've heard it described on YT. Found it pretty interesting. DXY is really crucial for me understanding cable

1.3720 target for long and reverse short

Not buying for now no rush need a good entry

First buy

Edit- was too early, took a few pips hit, wait for lower

Tried again below the recent m5 low

Closed most at 1.3672 so close to 40 pips about 5xR or thereabouts

I'd like to buy another retrace for NY

There is absolutely no rush, especially after a WIN it can be very tempting to want to immediately hunt the next trade but its better to cool off and wait

Beginning sell

Edit- still in this trade albeit i didnt wait for confirmation and is hovering just above my entry

I really hope will drop a bit so i can lock in overnight as it's a bit sketchy shorting into strong momentum

It just seems highly likely this supply would hold things above ADR as well as 3720 RN

Lets see

Edit again- ate shit on this one, -10 didnt wait for conf, my bad

Expecting to short tomorrow

likely nothing tonight as it's not a good time to enter trades, stops likely hunted overnight or early tomorrow

Nothing set in stone, depends on pa. Equities rallied massively today so will see where the DXY is looking as the short is pre-assuming a breakout

Alright back selling 1.3721

Sticking to the plan

Edit- took a small 6 pip loss here-- I woke up at 2am and took a FOMO trade. no excuses

Broad plan which im not totally certain on : https://www.forexfactory.com/thread/...6#post13679266

Setting stop to BE

Good times

Continue hold

keep hold

Didnt really TP so just floating

Trying to think-- could I have anticipated the range and played it both ways? Lots of psychological factors come into play. The more you play with a trade the more you potentially screw it up. But the potential reward is far greater. I wonder

took 20 pip scalp at LO after close sell

was hoping to fade YH for swing sell but may not get it. Lets see what ny brings

Long YL 50 pip target

Not feeling in the zone today so hope to be last

My stop at BE and not sure i want to be chasing

Zoning in

TP hit

Feeling off this week with lack of sleep so no major plan for tomorrow

I think I want to short tomorrow though anywhere up to 3780

didnt yot get confirmation for this trade after you enter it? it seems that price made confirmation signal on M15 and M5 charts (when you were already in).