Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow | Page 32 | Forex Factory

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Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

  • #621
  • Mar 6, 2023 4:38am Mar 6, 2023 4:38am
bought GU 1.2011, as above
  • #622
  • Mar 6, 2023 4:46am Mar 6, 2023 4:46am
Quoting dantpm
{quote} I am used to seeing 'Monday' action where the MM's do a teaser in Frankfurt/London and then tighten up to a range for the rest of the day to try and sucker liquidity. I don't recall what happens after a tight range for Frankfurt/London.
yea, something like that

still riding this buy it might accumulate a little first.

need to have courage of my convictions despite targeting this level for a sell i couldnt bear holding through all the sideways shakeout
  • #623
  • Mar 6, 2023 4:58am Mar 6, 2023 4:58am
uncomfortable 10 pip drawdown but i'm sticking with it.

50 pip potential so reasonable RR
  • #624
  • Mar 6, 2023 5:58am Mar 6, 2023 5:58am
sticking with this. exceeded my risk with the drawdown. DXY is falling back now so hopefully that was the last lqg.
  • #625
  • Mar 6, 2023 6:39am Mar 6, 2023 6:39am
Good old "just one more lqg" cable...
  • #626
  • Mar 6, 2023 7:13am Mar 6, 2023 7:13am
Quoting mysterio
{quote} BTCUSD hit my first target. took 2/3rds off, rest with a BE stop for my second target. {image}

These indicators are all paid, right?
  • #627
  • Mar 6, 2023 7:17am Mar 6, 2023 7:17am
Quoting noox
Good old "just one more lqg" cable...
Lol, exactly

Note to self, an error I keep repeating. If entering a trade going into london lunch period (10-1), wait 1-2 hours for the accumulation to complete then find an entry. I could have got a much better entry.

Looks like a London-swing-to-Z day, anticipate we'll close around where we opened after sweeping both ends of the overnight range
  • #628
  • Mar 6, 2023 7:25am Mar 6, 2023 7:25am
Quoting mysterio
{quote} Lol, exactly Note to self, an error I keep repeating. If entering a trade going into london lunch period (10-1), wait 1-2 hours for the accumulation to complete then find an entry. I could have got a much better entry. Looks like a London-swing-to-Z day, anticipate we'll close around where we opened after sweeping both ends of the overnight range
I wish I paid more attention to those notes to self!
  • #629
  • Mar 6, 2023 8:53am Mar 6, 2023 8:53am
Closed out my positions, just not sure on today. if in doubt stay out. zero day.

Still think overall we'll make a run at the highs of the overnight range but--Monday's typically harder to make money (for me)

Tues-Thurs tends to give the cleaner moves, keeping my powder dry for then
  • #630
  • Mar 6, 2023 9:03am Mar 6, 2023 9:03am
Of course it launches after I close

Today required more patience than I have unfortunately. The longer I see my trade idea just moving sideways the more I lose faith. Hey well, tomorrow will be better
  • #631
  • Mar 6, 2023 9:14am Mar 6, 2023 9:14am
Quoting mysterio
Of course it launches after I close Today required more patience than I have unfortunately. The longer I see my trade idea just moving sideways the more I lose faith. Hey well, tomorrow will be better
The range of oscillation leading up to the move was disconcerting as well! You weren't sure which way it was going!
  • #632
  • Mar 6, 2023 9:33am Mar 6, 2023 9:33am
Quoting dantpm
{quote} The range of oscillation leading up to the move was disconcerting as well! You weren't sure which way it was going!
unfortunately, it is just the nature of the pair in general, but it doesn't get any easier

better just to try to catch one move a day or, I think this week i'm going to have to practice walking away from the screen and setting a TP

holding to a pre-set TP is still a bit of a struggle
  • #633
  • Mar 6, 2023 10:05am Mar 6, 2023 10:05am
Just gonna put this out there,

Anyone who thinks they're around my level want to join me as an accountability partner? Ideally you should trade the same way and have equivalent of around 3+ years full time experience.

Idea would just be to support each other with the psych side mainly, you should have your technicals down more or less. Same timezone would be ideal. Obviously no money changes hands. Also I don't want to be tutoring anyone or just being a signal provider. I've gone down the route of having a paid group, tutoring etc and long story short it's not for me. For me, as I mentioned I could do with someone to back me up in holding to my planned Tp level (eg today my plan was shorts to 1.2010 then buys to 1.2055, you should be comfortable making forecasts). I'm largely off Discord now. Send a DM, no offense but it has to be the right fit in terms of technical level/experience. Shoot me a dm
  • #634
  • Mar 7, 2023 12:17am Mar 7, 2023 12:17am
morning people

trading plan today is to buy from 1.2030 to 1.2068-70, then sell and hold til close.

Sell day with bullish fakeout

Buy could be from 1.2025 so keep the stop loose on both ends, moreso the topend
Attached Image (click to enlarge)
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  • #635
  • Mar 7, 2023 3:01am Mar 7, 2023 3:01am
Quoting mysterio
morning people trading plan today is to buy from 1.2030 to 1.2068-70, then sell and hold til close. Sell day with bullish fakeout Buy could be from 1.2025 so keep the stop loose on both ends, moreso the topend {image}
Similar plan except that I have 1.2011 - 1.2005 as my buy zone, other than that, I will wait to sell around 1.2070 and hold for reaction!
Face 'ur fears & tame 'ur greed
  • #636
  • Mar 7, 2023 3:38am Mar 7, 2023 3:38am
Quoting JereMi256
{quote} Similar plan except that I have 1.2011 - 1.2005 as my buy zone, other than that, I will wait to sell around 1.2070 and hold for reaction!
plan worked nicely

i added on sells at 1.2038 (posted live on cable update)

straight sell day
  • #637
  • Mar 7, 2023 3:44am Mar 7, 2023 3:44am
Quoting JereMi256
{quote} Similar plan except that I have 1.2011 - 1.2005 as my buy zone, other than that, I will wait to sell around 1.2070 and hold for reaction!
Let's see the reaction from this zone, low risk, manual SL
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230307-124317.jpg Size: 283 KB
Face 'ur fears & tame 'ur greed
  • #638
  • Mar 7, 2023 4:10am Mar 7, 2023 4:10am
Quoting JereMi256
{quote} Let's see the reaction from this zone, low risk, manual SL {image}
Be careful eh. I'm only taking sells today. Seems clear to me that we'll complete ADR with the high at 1. 2065
  • #639
  • Mar 7, 2023 4:10am Mar 7, 2023 4:10am
Quoting JereMi256
{quote} Let's see the reaction from this zone, low risk, manual SL {image}
Limits filled
Face 'ur fears & tame 'ur greed
  • #640
  • Mar 7, 2023 4:13am Mar 7, 2023 4:13am
Quoting mysterio
{quote} Be careful eh. I'm only taking sells today. Seems clear to me that we'll complete ADR with the high at 1. 2065
Sure, thanks. My main bais is short too but I will seek opportunity in NYO
Face 'ur fears & tame 'ur greed
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