personally i think fiber is set for a long. cot is showing commericals are extremely net long plus as price was moving down on daily, open interest has rallied up, a sign of bottoming while instrument is trending down. looking at euro drawing swings from daily its beween 62% and 79%. taken a...
looks like i was wrong on my initial eurusd long. eurusd has now dipped into a 4hour orderblock and its come to the 3rd standard deviation. (for some reason when i switch the 4hour the cdr zones look too big but its correct when i switch to 15min)
possible cable long, bounce into 30min orderblock, will see if we get that initial reaction we want then a retracement. within the cdr zones, confluence of fibs
looking at a potential long on audusd, looking for a reaction off lower time frame then to get long on the retracement. 4hour orderblock, confluence of fibs
hi guys here are some of the trades i took today, sorry for not dressing it up with the cdr and orderblocks but in future i will. the trades were based off higher time frame orderblocks and then i refined the entry with lower time frame orderblocks and fibs
but its brilliant you were able to figure it out for yourself :-). maybe look at the last week of month as CBR and first week as asia session see if that works?