Friday 26th of February 2021

Good morning folks! I’m in a good mood! Three trades running all three in profits way to go.

Actually not even, AUD/NZD reached its profit target this morning as I’m writing this.

A little Ad for @NewCapitalFX :

“I didn’t need to have my cup of coffee this morning to get my heart started, I didn’t need to masturbate either – all that because AUD/NZD reached my profit target overnight thanks to New Capital FX

-Max Sydney 2021

(Only half joking, I do trade the New Capital style)

Trade Update:

AUD/NZD

Aussie Kiwi reached my TP, only slightly problem is that I miss sized the trade around 0.7% not 1% sadly, but can’t complain ๐Ÿ™‚

Yesterday I executed two trades:

EUR/AUD Long:

I was able to execute a long on Euro Aussie yesterday – it moved nicely so my stop is now at break-even – I’m happy, let’s hope we see it reach out profit target before the weekend, that’d be amazing.

CAD/JPY Short

I took a short on Canadian Yen yesterday as well, it was a pretty entry, no problem there, let’s see what happens ๐Ÿ™‚

However, while I’m happy with how I executed those trades, I’m also aware that I missed two potential trades.

EUR/JPY

Euro Yen also provided a script entry at 11pm last night – sadly I was asleep – I’ll admit I didn’t expect it to be a script entry since last I checked was at 7pm (the previous 4hour close) and we were quite a fair amount above the area.

CAD/CHF

Canadian Swiss also provided a potential entry – I’ll be straight forward, I didn’t even look at it, we spent so much time outside of the area I had entirely discounted it.

We also saw one additional entry – however it didn’t fit our trading plan.

USD/CAD formed a clear script entry and clear rejection of an area of demand however the stop loss would’ve been above 100 pips so I didn’t execute.

All in all, this month as been insanely active, we have to love it.

FX Watchlist

USD/SGD

Dollar to Singapore is the only pair I have on watch for today we are moving back up to the area of supply we created after we broke an ascending channel / correction pattern on the daily.

Let’s remain vigilant.

I am looking to take a scale in on EUR/AUD and CAD/JPY

Thursday 25th of February

Good morning folks, hope you’re well!

Don’t have much to say, so let’s dive straight into my watchlist!

AUD/CAD

Aussie Canadian is on my watch for a potential short reversal

CAD/JPY

While Canadian Yen is reaching the upper limit of its area of supply I figured it’s worth mentioning

EUR/AUD

Euro Aussie is always worth mentioning

EUR/CHF

EUR/JPY

USD/CAD

Dollar Canadian is now breaking outside its area of demand.

USD/SGD

My body is broken today that’s for sure and I don’t think you need me to write about these anyway:)

Wednesday 24th of February

Good morning folks, I hope you’re well.

Starting to spend the first two hours of my word standing up rather than sitting, will see how that feels at the end of the week, so far all I have to say is damn, I’m surprised I can feel it so much!

Trade Update

To update you with my trades:

CAD/CHF reached its profit target – feels bittersweet, at the time I was in a drawdown hole close to my stop out limit on my 5ers account so I was forced to secure some profit on my 4hour scale in – which turned out to be around 0.3% rather than letting it play out.

Glad I stuck to my trading plan with this original position.

That trade brought me back into profit for the year so there’s only one way forward, and that’s to keep increasing my P&L for the year

To remain on track I also have to mention the fact that I took two positions on AUD/NZD yesterday.

The original position was taken after a clear arrow entry which is part of my rules – the scale in, which was taken out was placed once we had two clear hourly candles away from the 50EMA that were forming a sort of correction above the break of an ascending channel.

Anyway, enough talk about the past, lets look forward to what’s on my watchlist

FX Watchlist

CAD/CHF

Yes, I am now looking to take a potential short on Canadian Swiss for a potential reversal, we played the move higher, let’s see if we see a rejection from this level to head lower.

That being said, we are already quite high in the area of supply so it’ll be interesting to see what happens – a double top formation would make me happy to enter a position, otherwise, I’ll be more careful.

CAD/JPY

Canadian Yen is my second CAD pair on watch for a potential short. On this one we haven’t reached the area of supply (yet) however I believe it’s a rather clear one as well.

Oh and on both CAD/JPY and CAD/CHF we have a clear monthly stack so that’s okay with me

EUR/AUD

Now that Euro Aussie has moved away from the area it was yesterday I can finally say I’m glad I didn’t execute the trade otherwise I’d be using a hammer and breaking my right hand bones for breaking my trading plan ๐Ÿ˜€

We are seeing the price move towards the area of demand I highlighted yesterday, we just have to remain patient and see what happens.

GBP/CHF

Pound Swiss is also worth mentioning since its the second CHF pair that has reached an area of supply. This zone may not be the prettiest since it’s more a question of structure break rather than a trend line break – even tho you could also mention the fact that it’s a counter zone – hence valid.

This area remains where the push lower really started to gain a lot of traction, and I must say, we are starting to see that the current move higher is a bit over-extended so a pull back wouldn’t surprise a single one of us, would it?

Once again, there’s a clear monthly stack ๐Ÿ™‚

NZD/JPY

Kiwi Yen is also within an area of supply, so let’s wait and see what happens.

We previously talked about the cons of this area if I remember correctly so I’m waiting for a clear entry.

USD/CAD

Dollar Canadian is the last one I’ll talk about (there’s also USD/SGD but I can’t trade it so go and look at it) we have now reached the area of demand, I’ll be patiently waiting to see a clear entry before executing a trade long.

If you’re still here… Here’s good news

While I’m here, rather than talk about the book I’m currently reading (Fit Soul) I’ll share one screenshot of the strategy I’m currently developing

I’m quite happy it looks rather promising if I take the SDS away from my list the average return does improve as does the strike rate.

Hopefully I’ll be able to start trading it live soon.

I just want to take the time to go through a bit more data, potentially collect one more year of data to get more of a feeling for it.

Once I start live trading it, I may share a few things from it as I do for my current style.

Best,

-Max

P.S. hope you enjoyed this watch, it’s a rather long one ๐Ÿ™‚

Tuesday 23rd of February 2021

Good morning folks, I hope you’re well!

Before I jump into my watchlist, I’m just going to mention the fact that I did not take EUR/AUD this morning since it spent over 24hours in the same sideways price action. It remains on my watchlist for a long, however, I am not in a position.

Enough talk, let’s dive in.

FX Watchlist

AUD/NZD

Aussie Kiwi remains on my watch for today, while we are within one area of supply, there is another one just above so I wouldn’t be surprised if we reached that one and broke the previous high to create some liquidity before a potential reversal

EUR/AUD

As mentioned there was a script opportunity for a long on the previous 4hour close, I did not execute it due to the fact the price had spent over 24hours in that zone. Hence I’ll be waiting for the price to drop to the next area of demand before taking a long opportunity.

NZD/JPY

Kiwi Yen remains on my watchlist, it still needs to go a little higher in order to reach the area of supply, as mentioned yesterday I’m not the biggest fan of the daily formation however the weekly is gorgeous in by itself so all in all I’ll be executing the trade if a script entry is provided in that area

USD/CAD

USD to Canadian is struggling to break its previous lows, last time we were in a “different world” back in 2018, however if it does break to the downside, it’ll be interesting to see how it responds to the area of demand since it will be just below a clear double bottom which will provide institutions enough liquidity to push the market higher if they decide so.

USD/SGD

While I can’t trade Dollar Singapore I can still talk about it for those who can ๐Ÿ™‚ Such a selfless individual eh!

We are starting to form a double bottom formation which fits perfectly with an area of demand – let’s see what happens once we reach that area.

That’s it for my daily watch for today ๐Ÿ™‚

I do have one thing to say, and it’s probably a mistake to mention it at the end of this post – it should rather be at the top…

I used to forecast price action and say that the price was going to start forming a wedge pattern to reach X.XXXX and then reverse. Otherwise we’d see a double top on the 1hour chart before taking a short.

While being that detailed was great, it was also quite problematic since it lead me to believe I could exactly forecast what the market was going to do next.

The truth is, no one knows exactly where the market is going to next, all we know is where we believe the market is the most likely to go towards.

Aim to understand areas where price will likely change directions. Don’t try to forecast how the price gets there, try to forecast where the price will reverse.

Once you start to get good at finding reversal spots you’ll be able to trade continuations with a lot more confidence.

Don’t forget the path of least resistance!

Sorry got stuck into the twitter rabbit hole and forgot to get the links I wanted ๐Ÿ™‚

Monday 22nd of February 2021

Good morning folks! Hope you’re well and enjoyed your weekend!

Just to let you guys know, I wrote a blog post this month to celebrate six months of consistent work to bring you my watchlist every morning

You can find it here ๐Ÿ™‚ I talk about goal setting, actions, habits etc

On that note, enough talking, let’s jump into my watchlist

FX Watchlist

AUD/NZD

Aussie Kiwi remains on my watch, as per last week, nothing really changed, we’re currently consolidating below the area of supply so it’ll be interesting to see how it plays out.

Will this consolidation give it enough strength to break our two areas of supply or will we get an entry short?

The monthly stack remains gorgeous so I’ll be happy to execute

CAD/JPY

Canadian Dollar Yen is approaching the area of supply that led to a huge drop back in February last year, I’m guessing this area meant something or was the result of quite strong catalyst, so let’s see what institutions do once we reach that level

There’s both weekly and monthly supply as well so I’ll be executing a trade short if we get an entry.

EUR/AUD

Euro Aussie is on my watch for today, actually it’s even on my watch for the next four hour close, I’ll be taking a long if it closes as a script entry (which it currently is giving, but I have to wait for the close to execute)

The zone was quite an old one, however it’s valid, the fact that price went so far down in the zone means we now get a monthly stack, we don’t even have to worry about the weekly stack that wasn’t the prettiest thing ever ๐Ÿ™‚

NZD/JPY

I’m keeping my eyes out on Kiwi Yen but I have to say, I’m not the biggest fan of this area, while I see why I have it drawn on my chart from my backtest sessions it’s not the cleanest area.

I’ll be more careful with this one, but the weekly stack is rather gorgeous ๐Ÿ™‚

USD/CAD

While the current area of demand isn’t fresh anymore for USD/CAD the area below it remains on my watchlist so I’ll wait and see what / how happens.

If the price is pushed down from here, we could see quite a few stop orders being reached to create some liquidity for a larger push from the other area of demand.

Once again, it has a clear weekly stack.

That’s it for my watchlist, at least it is for today, let’s be patient and only act on the best opportunities we get ๐Ÿ™‚

Daily Book

In terms of reading, I’ve started reading the book “The Legend of the Death Race Conquering Life with Courage, Power and Wisdom”

I quite like how applicable endurance sports are to businesses and working on something of your own. The mental game is the same.

Got interested in this book after watching this podcast

Six Months of Consistent Work

Celebrating 6 months of sharing my watchlist with you guys every (well nearly) single morning, doing that one small step on top of my usual routine.

I still can’t believe this website gets over 500 views per month (without including all the emails that get opened on a daily basis)

I hope it has brought value to at least one of you, even if it’s only the daily “good morning folks, I hope you’re well”

Time flew by,

I hope we all worked to get closer to our long term goals

Over the last six months here are the changes I’ve implemented:

  • Ran at least 15 times per month
  • No alchool on week days
  • Consistent sleep schedule
  • Finalised my trading strategy
  • Started creating several new ones to complement it (one is promising atm)
  • Read on average a book per week
  • Shared my watchlist and trades publicly (here)
  • Small actions have been slowly compounding in my favor.

I can guarantee you, that the next six months will be insane.

So let’s talk about goals.

A lot of people say that they want to become rich and successful.

Most of those who read this blog will probably recognise themselves in those words, you probably even have a more specific version- I’ll become a consistent trader, get funded by 5ers or FTMO, grow my account till I’m able to live off my trading returns.

That’s already a good start, I’m not denying that at all ๐Ÿ™‚ I’m glad you know the how you want to get there!

In 2016 you were setting 5 year plans and dreaming about the future.

Now it’s 2021. That future you were dreaming about has come.

What has changed?

Ask yourself,

Is the future that has come really any different from the past?

The answer, at least for me, is that my brain, habits and mind are still quite similar to those I had in 2016

Heck, in 2016 my 5 year plan looked something like this:

I’ll be living off my trading returns, have the opportunity to travel around the world, meet incredible people and be a millionaire

I had big goals, I visualized, I read out loud my goal every morning and night, I dreamt up of this magical tomorrow.

What I failed to do was remain present, I needed to become aware of my surroundings, notice the limiting beliefs, notice my destructive habits, understand the current reality of business and have a clear actionable plan.

That’s why I’ve achieved the traveling part, was able to live off my trading returns for a while (I no longer do over the last 5months I’ve been doing the break-even dance), I did act just not in the right way.

I left my brain and my focus on autopilot – I kept getting the same results as before, which is exactly what being on autopilot is supposed to do.

To change all of this we have to keep in mind that:

To create a new tomorrow, all we have to do is create a new today.

Simple tweaks in our habits (instead of watching 2 TV episodes per day watch 1 and watch 1 trading documentary – or even better workout for 40minutes)

Simple tweaks in actions (Backtest for 30minutes per day before being allowed your coffee)

Simple tweaks in your mentality (Realize that you deserve good in your life because of what you do, not because you are entitled it)

Nothing crazy, hell I definitely don’t recommend you to start backtesting 12 hours per day if you don’t already backtest 1hour per day!

Start with ONE small change

One email by Tej Dosa really nails it down for me.

“Everybody wants to hit grand slams. Nobody wants to hit singles.”

I wrote down after analyzing the results of last year.

“But itโ€™s the singles that make the grand slams possibleโ€ฆ because rooted in every grand slam are seeds that only came to life after hitting singles.”

In other wordsโ€ฆ

Big wins donโ€™t emerge from nothing.

They are the accumulation of a thousand and one small wins.


[…]

Get in the habit of winning and youโ€™ll become a winnerโ€ฆ

As cheesy as that sounds.

“But how?” you ask.

Here are my favorite ways to stack small winsโ€ฆ

When the alarm clock goes off, donโ€™t hit snooze.
When you jump out of bed, spend xx minutes on yourself before you check any email/technology.
When you have a choice between instant gratification and delayed gratification, choose the latter.
When youโ€™re tired and have no energy to attend to your habits, do the minimum possible. Instead of writing 1000 words, write 10 words. Instead of sending 10 cold emails, send one. Keep the chain alive.

The more able you become to hit a single, the better you get at striking the ball, the more strength you build, the more aligned you become with the game, you’re calm when you walk up to bat, you have no stress, all you want is 1 base.

Once you’re centered, you have no pression, you know you can do it, that’s when you’ll get to your sweet spot and do a home run.

It wasn’t luck, it was thanks to all the small wins you collected day after day, week after week, month after month, year after year.

Ask yourself

What small wins will you collect today to make a BIG win possible tomorrow?

Turning desires into gold is something possible (according to Think and Grow Rich)

“All” you have to do are the following six steps.

1: Fix in your mind the exact amount of money you desire. It’s not sufficient to say I want plenty of money, you need to be definite about the amount

2: Determine exactly what you intend to give in return for the money you desire (There is no such reality as “something for nothing”)

3: Establish a definite date when you intend to possess the money you desire.

4: Create a definite plan for carrying out your desire, and begin at once, whether you’re ready or not, to put this plan into action (one small win today, one small win every single day)

5: Write out a clear concise statement of the amount of money you intend to acquire, the time limit, what you’ll give in return for it and the plan through which you tend to accumulate it.

6: Read that statement aloud twice daily.

I’ll jump straight into the last point before addressing the rest.

Is the guy that’s really infatuated with a good looking girl likely to hook up with her if he blushes, gets hiccups, turns really shy and kinda stupid as soon as she’s around?

No! Why does he react that way? Because he considers himself to be a 1 and her a 10 or even better

If you want to attract something you have to balance it out.

You need to see that every state is equal.

At the moment I’m trading but I’m around breakeven for the last while. That’s not amazing, but there’s benefits to it!

I don’t have the tax office running after me, I’m not responsible for any employees, I don’t have people messaging me at all hours asking me for advice, my living costs are low, I don’t have any debt etc etc

When I make10million profit a year, it’s certain that I’ll be talking with an accountant to try to reduces my taxes while clearly remaining in the legal side of the law, I’ll have someone working for me, people would want to hang out with me just to try to get things from me, a lot of favours will be asked, all my new friends that know how much money I make will have that information, people will judge me, I’ll have a more expensive lifestyle etc.

Making 10 million profit a year definitely has as drawbacks, it won’t only be sunshine galore..

That’s why visualising and reading aloud your goal is important.

You want to neutralize your infatuation with it. to see it as it really is, nice, but something that has drawbacks too.

Let’s jump into the fourth point once again

4: Create a definite plan for carrying out your desire, and begin at once, whether you’re ready or not, to put this plan into action (one small win today, one small win every single day)

This is the challenge ๐Ÿ™‚

Creating a definite plan that fits with the amount you want.

So here’s my plan.

By December 20th 2021 I have a 200,000$ trading account which will come to me in various amounts from time to time during the interim.

That money shall come through three sources, growth from my own personal trading account, profits made from three 5ers account, and other sources.

All that is good, I’ve said the amount and the desire and the how. Next remains to focus on what I shall give for it and actions that can be implemented.

This leads back to my previous statement:

What small wins will you collect today to make a BIG win possible tomorrow?

Will it be times backtesting? Will it be willingness to risk large percentage amounts of your trading account? Will it be by offering services at the best of your capabilities to others? Will you focus deeply on the charts every single day for 2 hours for instance?

All this to say,

Your daily actions result in the future,

The present is the same as the future,

Act now whether you’re ready or not,

Start with one small action one change in your routine,

Accumulate small wins,

Neutralize your infatuations,

Have a plan but remain present.

Friday 19th of February

Good morning folks, I hope all is well!

Unsure if I said it here yet, but since I share more or less everything here, I’ll be traveling to Naples from the 28th of February till the 11th of March.

I’m thinking of taking that period for self reflection so I may not update you guys on my watchlist as frequently as I currently am. No promises!

If you have any recommendations for Naples (and around there) please do drop me a message on Instagram! @max_sydney_

Anyway, enough talk.

FX Watchlist

AUD/CHF

Aussie Swiss remains on my watchlist, while we nearly had a script entry yesterday (it closed as an imbalance but up until 5s before the close it was a script) I didn’t execute it.

I’ve been waiting to take a double top entry or anything really in this zone. It’ll be interesting to see what happens.

We can’t really deny that there’s an area of supply here, however the market isn’t overextended or at a clear reversal area. Time will tell.

AUD/NZD

Aussie Kiwi remains slightly below the area of supply that has my interest, we’ll see if we reach that level today or next week. It’ll be interesting to see what happens next!

EUR/AUD

Euro Aussie is also approaching its area of demand, (inversed compared to Aussie Swiss for instance) so that’s definitely worth keeping a watch on.

The zone itself is quite old, so it’ll be interesting to see if institutions still have orders about this level. If they do, we’ll see the price reverse from this descending trend soon.

This bearish trend has been rather enjoyable I believe for everyone that was short ๐Ÿ™‚

GBP/JPY

Pound Yen remains on my watch, the area in which it currently is isn’t valid, however I do not seem to be able to take it off my watchlist. I guess that’s what rules are for, to break them when we feel like it ๐Ÿ™‚

I haven’t coded this strategy into an algo on purpose to keep this human element, so I’ll keep doing that. If an entry opportunity shows itself I’ll execute a short.

GBP/USD

Pound Dollar is also on my watchlist, I’m interested in a potential short from this level. It’s not the cleanest area, however it’s valid so I’ll be keeping it close to me.

The main problem, is that we’ve currently spent 16 hours going sideways, I have a limit of 24hours, so let’s see if we get an entry before that point.

Hope you folks enjoyed this!

Have a gorgeous Friday

Thursday 18th of February 2021

Good morning folks! Hope all is well on your side of things.

To update you, AUD/NZD Reached my profit target so I am now looking for a potential short.

I have to say, it’s rather nice to have a trade that reaches my profit target, it had been a while!

I am still holding CADCHF and EURNZD (No longer in scales ins, was out for BE on the two of them)

Daily Watch

AUD/CHF

Aussie Swiss is on top of my watchlist for this morning, we have now reached the area of supply with its weekly stack. I’ll be taking a short if we have a script entry.

I believe we may have one at the next 4hour close.

AUD/NZD

As mentioned previously, now that I am no longer in my long position I’ll be looking to short Aussie Kiwi since we are also approaching an area of supply

We’ve also got a clear weekly stack on this pair, so I’ll be ready to execute.

EUR/AUD

Euro Aussie is also approaching an area of demand for a potential long. On this pair the weekly stack is less obvious so I am attaching a chart for the weekly and 4hour, if I was to attack the daily it’d be too far back for us to see it clearly anyway.

GBP/JPY

Pound Yen remains within the area of supply and so far we haven’t gotten a script entry – for me to enter in a position on this pair I’ll want to wait for the price to make a new high in order to reach more orders.

GBP/USD

Pound Dollar remains on my watchlist – it reached the area of supply yesterday but we may see a double top on the 4hour which would enable me to take a short position.

Let’s wait and see what we get.

USD/SGD

Dollar Singapore is still on my watch, it’s not the nicest trade I’ve ever seen but it remains valid in my eyes ๐Ÿ™‚ Let’s be patient.

Daily Book:

I’ve finished reading King David’s Spaceship, was quite an enjoyable science fiction read, brought up some good questions, back to reading Think and Grow Rich, well once I’ve gone through all my notes from Laws of Human Nature… That will take a time.

Wednesday 17th of February

Good morning folks, hope all is well with you!

Let’s jump straight into my daily watch?

FX Watchlist

AUD/CHF

Aussie Swiss is approaching an area of interest for me but as mentioned previously it’s taking its time to get there, we are in no rush ๐Ÿ™‚

GBP/JPY

Figured I might as well mention GBP/JPY. This zone is actually not valid per my rules since there’s 6 imbalances however, the area and value is so obvious to me I’ll be keeping my eyes out on this pair for the next while to see what happens

GBP/USD

Pound Dollar started to move lower once it reached the area of supply, so I’m currently waiting to see if it will give us a double top formation to enter a short position. If it doesn’t give us an entry that’s okay, the zone played out at least.

USD/CAD

We had a clear move higher from the area of demand on USD/CAD as I had expected, I’m just waiting to see if we get a double bottom formation or not.

Quite sad about this one, the second bullish imbalance from the zone was a script entry up to the last 10seconds of the candle. It didn’t close as one tho so I didn’t execute my long position.

USD/SGD

Dollar yen is on my watch for a potential short opportunity, we saw a clear break of a structure line and we are currently moving to retest it, if we do and have a clear script entry I’ll look for a short

That’s it for my watch!

Have a great one folks.

P.S. Been working on developing two new strategies for the last few weeks so that why I don’t spend as much time talking about the set-ups here.

Tuesday 16th of February

Good morning folks, seems like it’s another day where price action is going against us sadly. Let’s hope our trades reach their profit targets.

FX Watchlist

EUR/GBP

I’ll start by mentioning a pair I won’t be trading since it’s currently forming a script candle which may give the opportunity to go long in 2 hours.

The area of demand was created after the breakout of a wedge pattern, the current daily price action is slowly falling into a wedge like pattern, quite similar to what we saw mid September till late November. At that time the price did move higher.

As you can probably imagine, I do like this daily set-up, it even has a rather clean weekly stack.

However, was I dislike is how slanted the price action has been on the 4 hour, I know from my backtest that slanted price action doesn’t give me good results so I’ll stay out from the market. It’s that simple ๐Ÿ™‚

EUR/AUD

Euro Aussie is worth mentioning for a potential long play over the next few days, we are approaching and area of demand dating back to 2018. This trendline break was extremely clear. The main issue with this level is that there had been two zones of S/D before hand in the same area, so it is possible that the zone is no longer used.

There is not weekly stack, and the monthly stack does drastically reduce the area of interest but I believe it’s worth keeping our eyes out for this pair.

AUD/CHF

Aussie Swiss is also worth mentioning it’s approaching an area of supply that was created by a counter zone, there’s a weekly stack if we are willing to use two weekly candles (which I am).

The daily seems happy to take its time to reach the area of value so let’s be patient ๐Ÿ™‚

GBP/USD

Another zone dating back from early 2018 for us, we are so lucky ๐Ÿ™‚

Let’s see if there’s still some interest in this area or will the price push to the highs of 2018?

We’re currently in the zone so let’s wait and see what type of price action it gives us, there’s no weekly stack but there’s a gorgeous monthly stack so let’s be patient ๐Ÿ™‚

USD/CAD

Keeping my favorite one for last this time and it’s Dollar Canadian – we’ve seen a wedge pattern take place over the last three month followed by a break higher which created a clear area of demand.

There’s an old weekly stack that is valid, we are at the lows since 2019 and it’s forming a rather lovely double bottom pattern on the daily.

On the 4hour chart we have a nice leg down, something that is a lot more reliable than the slanted price action on EUR/GBP.

Let’s see what happens!