Quiet Tuesday on GBPUSD, one setup only and an early finish
Posted: Thu Oct 08, 2026 1:21 am
Quiet Tuesday on GBPUSD, one setup only and an early finish
nothing on the calendar today, no big speakers, and cable has been drifting in a tight range since Asia. These days tempt me to overtrade because nothing is happening and I get bored. So I'm limiting myself to one setup only.
The setup is the break and retest of the London first hour range on M5. That's it. No inside bars, no trendlines, no ideas that pop up halfway through. If the range breaks and retests cleanly, I take it. If not, no trade.
Time limit: I'm done by about 10:30 GMT. After that it's likely to be a grind, and I don't have a reason to be in front of the screen. I'd rather go and do something else than make marginal trades out of boredom.
Risk is the normal amount, but I'm only allowing two attempts. I'll post here if something happens and also if nothing does, so you can see what a no trade morning looks like.
nothing on the calendar today, no big speakers, and cable has been drifting in a tight range since Asia. These days tempt me to overtrade because nothing is happening and I get bored. So I'm limiting myself to one setup only.
The setup is the break and retest of the London first hour range on M5. That's it. No inside bars, no trendlines, no ideas that pop up halfway through. If the range breaks and retests cleanly, I take it. If not, no trade.
Time limit: I'm done by about 10:30 GMT. After that it's likely to be a grind, and I don't have a reason to be in front of the screen. I'd rather go and do something else than make marginal trades out of boredom.
Risk is the normal amount, but I'm only allowing two attempts. I'll post here if something happens and also if nothing does, so you can see what a no trade morning looks like.