I mean 300 points, which is equal to 30pips.
Sorry if it was confusing, will refer to pips in the future.
So 30 pips.
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Disliked{quote} I closed for ca. 300 points. Although I’d like this to be the low, I’m still not convinced, and with the weekend approaching, I’m out. Good luck to all!Ignored
Disliked{quote} Thanks mate!I mean 300 points, which is equal to 30pips. Sorry if it was confusing, will refer to pips in the future. So 30 pips.
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Disliked{quote} You almost longed the absolute low though, you could just have put your SL at the low - your entry would be 2-3 pips from the low, tightest stop - anyway, good job! Friday is potential reverse day, since the low got already taken, I view continuation down as very small chance + I let my profits slip yesterday when price reversed on my tuesday long, so I am eager to risk. - Normally we see some form of stop hunt opposing side, but all week, we had zero stop hunts, Tuesday PM session was just recovery, no remarkable stop hunt. -- When I was...Ignored
Disliked{quote} May be it is still possible to see stop hunt of the opposite side of the range {image} {image}Ignored
DislikedThis will be my main play the coming week, easy low hanging fruit - first the triple bottom and finally, the double bottom in red - in total 120 pips - If my analysis is correct, DXY raids the double bottom on 4H - this moves cable up into the green box(4h FVG) afterwards, DXY continue ripping up, clearing the way for Cable dump towards intended targets. {image} (4H Cable(GBP/USD)
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Disliked{quote} Thank you for your insight If you don't mind, may be you can give an explanation of the red rectangle at the bottom of the chart showing (8 bars, 3 d 8 h)Ignored
Disliked{quote} I needed an explanation of what it will mean in the context of the GU trading next week And by the way 8 bars of 4 hrs = 1 day and 8 hoursIgnored
Disliked{quote} Thank you for your insight If you don't mind, may be you can give an explanation of the red rectangle at the bottom of the chart showing (8 bars, 3 d 8 h)Ignored
Disliked{quote} Thank you very much. If you don't mind, what does the (8 bar, 3d 8h) represent?Ignored
DislikedThis will be my main play the coming week, easy low hanging fruit - first the triple bottom and finally, the double bottom in red - in total 120 pips - If my analysis is correct, DXY raids the double bottom on 4H - this moves cable up into the green box(4h FVG) afterwards, DXY continue ripping up, clearing the way for Cable dump towards intended targets. {image} (4H Cable(GBP/USD)
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DislikedDXY: After Tuesdays fake rejection and Wednesday recovery, going for the Feb 6th high, the only way I could see the run to be considered a stop hunt against shorters was if Thursday or Friday showed clear rejection, instead, Thursday kept lingering at the top, so did Friday. In regards to order flow for DXY which decides order flow for major pairs - I had two options to consider, either attack the relative equal highs from November 2025(green dotted line on chart #1) or go for the January 27th low(which had already purged a previous low - red dotted...Ignored