This is IchibomB's Currency Futures Trades - Massive l Edition

I'll write some background information later.

Looks like a potential buying opp for a flip tomorrow here in the British Pound.

Might be too early to call the bulls.

Good call, Fat Tails.

I tried to post last night after your post but my internet was being crummy and wouldn't load the site.
I responded by saying that I'm open to shorting it as well.
The best position is a neutral position IMO.

The chart was obviously a failed chart for me but a great opportunity to short.
I didn't play it as I was super tired this morning and needed my sleep.
New news for the Euro, same story.

I'm going to post charts I'm eyeing before my entry.
Once I enter, I will post live entries, targets and when I exit.

Right now, I enter my positions with 3 lots and scale in 3 lots as the trade progresses.

The Loonie has moved out of the channel.
Accumulation pattern has been forming over the past 3 months.
Wholesale buys for longs are currently between 1.0180 and 1.0120.

I'm also watching out for redistribution to the short side and will
be checking on the lower time frames for a better view.

I posted this yesterday over at HSM in regards to /ES

Originally Posted by IchibomB

Short Term Accumulation in this range still in effect for /ES

If price drops tomorrow, I see possible buying opportunities for the short term trader.
I wouldn't be looking at anything medium or long term quite yet.

Stopping Action (long buying + shorts covering) being seen in /ES right now

I went long two times previously at 1260 but didn't today.

I shorted the Loonie yesterday for 38 ticks with 6 cars (posted live on HSM) so I'm mostly watching today.

Most longs from 1260 hit their target at 1276. Seeing some absorption at the top of today's range.

Absorption was correct, bulls held on. Can they continue to hold this level? We'll see.

I don't think it's quite time for mark up, but I could be wrong.

No trades for me yet. Waiting for the right moment to shoot.