GBPUSD Live Week 41 Swing Zones
Updated
First week trading live didn't go as planned. Why, i call it work, life and trading Balance. Managing all three, highlights the challenges of modern-day life whilst seeking alternate source of income.
Ultimately, the goal is to home in on a good trading strategy to transition to fulltime trading.
Week 41 zone is calculated as shown: 264-314.
Price action determines trades
Ultimately, the goal is to home in on a good trading strategy to transition to fulltime trading.
Week 41 zone is calculated as shown: 264-314.
Price action determines trades
Note
First trade hit SL for -10pips
Reentry @272, pinching +20pips Sl be
dtp 30657
Trade closed manually
Entry @272 closed for 50pips.
Buy entry @736 for Sl -10pips
Trade closed: stop reached
Entry @736 Sl hit.
Maybe my Sl is too tight for this market conditions.
Buy Reentry, currently pinching 20pips. SL be
Trade closed manually
Buy entry closed for +15pips
Sell entry, Sl -10pips
dtp 30357
Trade closed: stop reached
4 trades: -10/+50/-10/+15/-10: 35pp
Will be looking for sell setup @31000
Note
As calculated, price bounce off 31000.
Currently pinching +20pips
will be looking for double bottom SZ otherwise aim for dtp @30357
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