Cable Supply & Demand Intraday

Here's the institutions eating up all the buy stops and taking out thousands of short lots, guess where they wanted price to go

A bit different for me today, got in the AUDUSD buy 7317 as we're in daily and H4 demand and showing some reaction and retrace on H4 chart. Might have swing potential. I'm on scalp lot sizing so we'll see how it plays out.

GU in a bit of a no mans land after yesterdays drop, I'd like to see higher up before short but we'll see.

Pretty good day

Rode AU up to pivot for 15 pips

Shorted GU late London for 10 pips

Then 10 pip Long start of NY with 2 pip SL for 5R (could have got way more out of this but was experimenting)

I have an old problem where I'm not extracting the full amount from trades despite having a plan, emotions get involved, but I am profiting so just something to work on

i had this sell from m30 supply-- my plan for the entire day, but only 6 pips. Just bad execution, lack of concentration. Went for 30. Annoying, i was distracted on other pairs. Stay focussed when scalping.

this mornings buy TPd here

There was actually plenty of reasons to reverse short but I rarely feel minded to after getting 20 pips for the day. The moment has passed now.

There is a signal like this on the first page of the thread. Basically a large wedge retest into m5 supply/TL retest

Combine with the compression and DPP and its a no brainer

Bit of a dozy day or I would have taken it

Currently long

Took a 1 R loss buying 1.37 this morning

Took around 30 pips

Buy again

Today was a bit of an ordeal but ended comfortably in profit. I was too impatient buying at 1.37 was a clear trap-- not a great way to start with frustration like that. alls well that ends well though

Tomorrow expecting breakout towards 1.3750

Will wait for LO as we can have further pushes down to 1.36-1.3620

Just a case of finding a good entry

Made 20% today scalping, super happy. Starting to really dial in my stops and scaling. Boy has it taken me long enough. Feeling a much more intuitive grasp of how this pair behaves and getting more comfortable with bigger lots and TPing much quicker. Just got to be careful to maintain discipline and not get greedy now

Last was this late London short

I have only done 3 shorts today

One of my favorite pairs to trade is the GBP. However, it works very well with Fibonacci zones when you can see clear lows and clear highs.

target 1.37

Hey thanks for the comment

I use Fibonacci in a limited basis

I see some traders struggling with it when they use it as primary method, I think it works as a compliment

My friend uses the 786 levels a lot in his setups, it works like magic sometimes

Tomorrow i'll use fib for a retrace from hopefully 1.37 to target the 68 or 786 retrace

My favourite tools are the straightforward horizontal line tool and S&D zones and now volume, I believe everything you need to know about the direction of GU is contained in the price

I got BE'd on my last buy, got tempted in one more time after lows faded

I realised they were going for these late asia so this is my first buy, I'd like to hold for a good target