Hi,

after viewing this happen a lot of times within the last 6 months and getting capitalized on it many times too, I thought I'd talk about.
Following an out of the gloomy strong trending day such as thursday(and oddly enough, it usually IS a thursday when it occurs ), you can almost always predict this to happen:

Overnight and throughout the London open, price will retreat 40-60 (more can be possible but is rare, I think past 75 would state something is up) pips from the low or high set on the thursday/trending day and then add a second day with close to or the exact same quantity pip wise in the exact same direction.
What this signifies is that you can almost blindly put in an order at the next S/R zone or trendline you'll be able to see in this 40-60 pip place, place a 30-50 pip stop and aim for 100 .
I'm not sh*tting youpersonally, this is one of the most simple and intentionally clear ways to get back into a strong trending cable.
Like I said, it appears to like to happen on fridays after trending thursdays, but basically the go 100 , correct 40-60(yes I understand this may also line up with fibs etc, as I mentioned, choose a likely place to input ), proceed the next 100 then rest a while pattern generally unfolds just in this way and on any given evening pair

Additionally, it stinks to bullish bars/bearish bars very obviously and coincides with bullish/bearish engulfing candles, DBLHC/DBLHLC etc pp, however all I am saying is the waves that are trending such as this on cable tend to go in two day pairs(monday and tuesday was exactly the exact same deal as well) and there's an easy way back in...
only trying to simplify something that may also be expressed in many different ways (elliot, price action, MAs, whatever is your poison)...

Just thought I'd share, as it's sometimes so tough to make it so easy and for some reason one is always too afraid that after one day it may be over and just as I attempt to get in it may reverse. Then you remain out and see another 100 run unfold....

(If you're wondering why I'm posting a lot of crap, just looking for a simple take on some thing and if all else fails: I was tired!)



Good luck with your trading,




P.S. I understand that it also participates with a data launch now, but please get my purpose, this is not only a data reliant phenomenon and I am not a fundamental FX terrorist anyhow.