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Attachments: Cable Supply & Demand Intraday
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Cable Supply & Demand Intraday

  • #261
  • Edited 2:22am Aug 26, 2021 2:03am | Edited 2:22am
exit buy if it doesnt snap up at LO

edit- ready to exit with a small loss if it doesnt snap up in a few mins, below the last low and i'm out

out-5
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.jpg Size: 604 KB
  • #262
  • Aug 26, 2021 5:12am Aug 26, 2021 5:12am
Quoting genadi
{quote} 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).
Yeah i think so cant remember

i tend to cut very quickly and re enter

main thing for me is wait til LO. If you think you have an idea late NY just wait. The opportunity is better in the morning
  • #263
  • Aug 26, 2021 5:23am Aug 26, 2021 5:23am
Same plan as the last chart, currently long with aim of 1.3870 above asia highs, average entry 1.3739

For me the floodgates are open for a huge drop on Euro as weekly demand has been broken and we're making a weak push into the daily supply. Euro and cable broadly correlated

Same with GU, FO of manipulation range to the upside to bring the herd in long IMHO

Looking for short entry around 1.3870-80 cable. Currently struggling to get there
Attached Image (click to enlarge)
Click to Enlarge Name: euro.jpg Size: 115 KB
  • #264
  • Edited 7:54am Aug 26, 2021 6:50am | Edited 7:54am
Retest of small accumulation pattern

W pattern on m5 confirmation

SL indicative I would get out before it reached

edit- 8 pip hit. Poor day, sidelines

I took 1.5 R hit so probably me done for the day- i'm not really getting a hold on todays PA. Although heavily bear bias with a plan that yesterdays breakout was fake I second guessed a bit and thought PA would tell me asia highs would be snatched before falling. But right now i'm not seeing much. As a result of that initial short term long bias I missed any opp to short
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.jpg Size: 196 KB
  • #265
  • Aug 26, 2021 9:28am Aug 26, 2021 9:28am
I had anticipated one more rally to get involved with the sellers on cable. DXY had to come back and retest h1 TL. So i sold the spike
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.jpg Size: 61 KB
  • #266
  • Aug 27, 2021 4:19am Aug 27, 2021 4:19am
so far so good

daily supply holding
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU1.jpg Size: 210 KB
Click to Enlarge Name: GU2.jpg Size: 156 KB
  • #267
  • Edited 12:03pm Aug 27, 2021 9:08am | Edited 12:03pm
Taken out BE on last trade, I believe this is a stop run above YH

Short

Lets see where we're at next week
Attached Image (click to enlarge)
Click to Enlarge Name: GU2.jpg Size: 357 KB
  • #268
  • Aug 27, 2021 3:39pm Aug 27, 2021 3:39pm
leaving over the weekend

High conviction we're going short for the above reasons. The herd are long. Let's take this thing to 1.36
Attached Image (click to enlarge)
Click to Enlarge Name: GU21.jpg Size: 263 KB
  • #269
  • Aug 29, 2021 4:26pm Aug 29, 2021 4:26pm
Lets see how monday plays out
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 271 KB
  • #270
  • Edited 5:21am Aug 30, 2021 2:43am | Edited 5:21am
Quoting mysterio
Lets see how monday plays out {image}
Seems like a sell day or tight range day

The M pattern indicates a top, if theres another drop I put my stop to BE

The basis for this is just poking out Thurs high (SL area) which indicates price may move in the opposite direction. Dollar is sitting on a daily TL. I am biased towards dollar bullishness for now. There is an imbalance on GU which at least indicates some bearishness to start off. I might be wrong. I think bears are in the minority having a look at sentiment as the market structure is shifting bullish with HH HL. But as i'm intraday I just want to capture small moves.

Edit- going to set my stop to breakeven soon. If it does another push up i'll look for a reversal at asia high
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 317 KB
  • #271
  • Aug 30, 2021 10:07am Aug 30, 2021 10:07am
Price made a solid dive at NY getting me excited but has recovered most of the fall now. See what happens
  • #272
  • Aug 31, 2021 3:33am Aug 31, 2021 3:33am
Had a substantial pop up to 1.38 so took 1xR hit-- back to the drawing board, need to have a think until this becomes clearer to me
  • #273
  • Edited 5:57am Aug 31, 2021 4:34am | Edited 5:57am
Currently short

TL break after reacting off of h4 supply, still in daily supply. Targeting h1 demand. Stop goes to BE after 10 pips

This is one of my trading plan setups. We have a significant supply zone which price reacts off of. Ideally there is a RN, and divergence on macd. Then the TL break and retest is taken as entry confirmation. lets see
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 261 KB
  • #274
  • Aug 31, 2021 8:49am Aug 31, 2021 8:49am
Went 10 pips in profit, bounced off the h4 TL so just took it out BE, trying again. Trapped between a wedge and h4 TL. Same deal, stop locked in asap
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 288 KB
  • #275
  • Edited 10:45am Aug 31, 2021 10:06am | Edited 10:45am
Caught the short off of h4 supply, RN, divergence, TL etc eventually after several BE stops hit

Target stops below the last swing lo

h1 demand on dxy was the key to shorting today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 264 KB
Click to Enlarge Name: cable11.jpg Size: 76 KB
  • #276
  • Sep 1, 2021 4:16am Sep 1, 2021 4:16am
I feel like the upswing was to take out these eq highs and we can head down to 1.37
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210901-101553_IG Trading.jpg Size: 331 KB
  • #277
  • Sep 1, 2021 5:51am Sep 1, 2021 5:51am
Quoting mysterio
I feel like the upswing was to take out these eq highs and we can head down to 1.37 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15m.jpg Size: 640 KB
  • #278
  • Sep 2, 2021 6:43am Sep 2, 2021 6:43am
On broadly breakeven for the week, so stepping back as my head isn't really in it for whatever reason this week so I'm not going to force it. Just observing and if I see something too good to pass up i'll make a move. I've been going into days without a plan and just trading what I see in the moment which I dont think is the best approach.
  • #279
  • Sep 3, 2021 1:17am Sep 3, 2021 1:17am
I expect some retrace before up to 1.39 today, expect those highs to be claimed from mid aug

My focus/dedication has been somewhat lacking this week and part of last-- time to get back on track! I notice when feeling like this its better to address the causes outside of trading and just give it a break, it is impossible to do this crazy sport every day of the year
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15m.jpg Size: 238 KB
  • #280
  • Sep 3, 2021 3:06am Sep 3, 2021 3:06am
Quoting mysterio
I expect some retrace before up to 1.39 today, expect those highs to be claimed from mid aug My focus/dedication has been somewhat lacking this week and part of last-- time to get back on track! I notice when feeling like this its better to address the causes outside of trading and just give it a break, it is impossible to do this crazy sport every day of the year {image}
trading this idea

need a break above the channel
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15m.jpg Size: 289 KB
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