Beachtrader

I 100% agree. Kind regards BT

Still short euro but possibly a level to start thinking about going long the pound? I'm basing this on a continuation of the daily? All the best BT Update: and entered long on an M5 1-2-3

Euro update: Stop now sitting at 4220. Kind regards Beach

HI Cory, I'd be lying if I hadn't had just the same thoughts / fears etc. every now and again. Nice trading! BT

Alternative view of cable. Kind regards BT

I have a suspicion that this may not trigger. All the best BT

A couple of levels on cable that I'm keeping a weather eye on. Kind regards BT

Euro update: Stop above the consolidation and looking to see if the session lows can be broken. All the best BT

Stopped out for a shade over 1/2 times risk. I can't help thinking that I should have closed this way sooner, especially given the strength of the yen against GBP and EUR.

USDJPY triggered long. Kind regards BT

Thank you Thales! Not sure why but the last couple of days have been a bit of a struggle for me so am very pleased to have caught this one. I think I am finding it hard to get used to the difference in rhythm between M15 and my usual stomping ground which is M5. Update on trade: Taken just over 1/4 more off the table on a retest of 1.42 and stop placed just above yesterday's LOD to protect remaining profits. As yet unable to find a sensible place to put my stop lower down but will move it to above last M15 swing if price breaks and holds below 1.42.

Yes - it was about 11pm UK time. Not a good time to be trading but the price action off the level above (1.4306) was compelling. It was a long and painful wait for things to get moving though. Now I am resigned to no sleep!

I think my week may have been going a bit like yours until this move came along and has allowed me to see the wood from the trees! Current position: half off, stop at b/e and now hoping to trail this behind swings Kind regards BT

It took me out by 0.3 of a pip. The level I placed my stop at was 91.135 plus 2 pip spread (plus 0.5 for the landlord so 91.16) and it went to 91.143 plus spread or 91.163. It's certainly not moving very fast one way or the other is it?!

Stopped out of this!

Just watching this at the moment as price seems to have come to a halt at this level.

Long the pound! Kind regards BT

Thank you Thales and Cory. I had forgotten your comments from last week. On a different note - potential addition to cable position?

Hi Cory, I'm with you on cable and just had my PT1 hit. Also in Euro which hasn't been a smooth ride either so far. All the best BT

Cable and USDJPY also at interesting levels. Kind regards BT

Just watching this one as time of day and US Holiday wouldn't encourage me to trade it. Kind regards BT

I haven't had any problems seeing the charts

Hello, This was just how I was looking at it but the context for that short was a support becomes resistance level from Friday. I was looking to see if price would look weak at, or around, this level and I saw that 1-2-3 reversal as a sign that price was failing to make it any higher. i.e. that the resistance was holding. As an aside I also look for these reversal patterns at HOD's and LOD's as that seems to be quite good context as well. Does anyone else find the same thing? All the best BT

EURJPY Update: Stopped out for a small(ish) loss. I can't help but think this should have been a b/e trade though..

Hi Cory, Not that I can offer any advice but I know what you mean about trading more than one currency at the same time. I have just had one of those dilemmas of being short EURUSD and then seeing this on EURJPY. I guess it's a case of taking the set-ups. Interestingly this EURJPY was 'setting up' prior to EURUSD reversing. Obviously a hindsight observation but was interesting to watch. All the best BT