Stopped on my ucad and eu trades, idea negated so far. Waiting on uj and cable.

Price action trading - Trade like the pros!

I have my own spin on ICT concepts I use fib, but not exactly the way he uses it. Plus, he has so many uses for it, I think it's redundant at one point. To each his own.

Price action trading - Trade like the pros!

This is related to broker work hours, timezones and a ton of other stuff. It's why I use the forex co uk ltd mt4 for my charting and analysis, it's proven to be the most accurate thus far. It's a GMT broker.

Price action trading - Trade like the pros!

As far as Fiber, I've the feeling a retrace back to 1.1750 will thrust price higher, to 1.1830 at least or ideally, 1.1850, where I would short.

Price action trading - Trade like the pros!

Cable is roughly the same, H4 Dz (the green trendline) and support on the upper side of the consolidation range we see at roughly 1.3290. Price is moving slow, I suspect it may move up intraday into the m15 Sz @ 1.3395 and shoot down to the ...

Price action trading - Trade like the pros!

Which one do you mean? I don't use trendlines as dynamic S/R. If it's UCad you're talking about, there's a daily supply zone right under a key resistance level. Then, there's a demand zone below, at 1.2720

Price action trading - Trade like the pros!

UC trade idea, short from Sz to Dz in order to fill the liq void.

Price action trading - Trade like the pros!

GU trade idea, buy the dip, hold until the last high.

Price action trading - Trade like the pros!

Yes, I am expecting /hoping/ fiber will rally to 1.1850 and decline from there. It's my weekly trade idea.

Price action trading - Trade like the pros!

I generally watch both, I only disregard the retail traders (Small Speculators). Large Speculators (LS) are usually trend followers, while commercials (CS) are hedgers. So for me, LS show me the "now" in terms of trend, while CS warn me of potential ...

Price action trading - Trade like the pros!

Dollar reached a Sz and started to move lower, while Fiber went to a Dz and turned. I've denoted a possible rebound level for dollar to rally from and Fiber to decline from. Now, time will tell.

Price action trading - Trade like the pros!

When in doubt check the Commitment of Traders index. Commercial Net longs were increased late november, as dollar was moving lower.

Price action trading - Trade like the pros!

Yesterday's EU london open trade, unfortunately price whipsawed above the high of the day and took me out for 10 pips, instead of my 30 pip TP. I've had a hard time landing good trades this week, I didn't get a fill on GU short yesterday and got me ...

Price action trading - Trade like the pros!

It still works fine on stocks, it's a big part of my strategy. Forex.. not so much, yeah.

Price action trading - Trade like the pros!

Not necessarily, market is pretty much rangebound, just in a large and wide range. I hate it when it does that because momentum is slower and it gets you to question your trade decisions even more. Yes, we all question our decisions no matter how ...

Price action trading - Trade like the pros!

Unfortunately, my trade idea did not work out. I cut off all positions and got stopped on UJ for -20

Price action trading - Trade like the pros!

I've built my daily positions around this trade - got GU and UJ also. I want EURGBP to rally and USDx to decline.

Price action trading - Trade like the pros!

I hope we see gap filling today..

Price action trading - Trade like the pros!

Took off the rest for 16 pips before it got to my stop.

Price action trading - Trade like the pros!

2/3 of the position is off at 33 pips profit, holding a small amount til the 40 pip TP or b/e. Risk free anyway.

Price action trading - Trade like the pros!