GBPUSD Week 38 Swing zones
Updated
Last 2 weeks have proven while its a good plan to keeps losses small and swing for big wins.
Sometimes you swing and miss, but thats ok.
Based on calculations SZ are set of W38, but price action determines trades
USZ: 299 - 330
LSZ: 901 - 850
Sometimes you swing and miss, but thats ok.
Based on calculations SZ are set of W38, but price action determines trades
USZ: 299 - 330
LSZ: 901 - 850
Note
Price broke through USZ. Recalculated level @598 for entry at same.
SL -10pips
dtp: 329
Trade closed: stop reached
Buy entry @611
SL -10pips
dtp new SZ: 828 - 898
Note
Price blowing past SZ.
Pinching 40pips, Move SL to +20pips
dtp @299
Note
Pinching 50pips, Move SL to +30pipsTrade closed manually
Slowing Momentum, EOD: Will look for a continuation 2mao
Pinched +40pips.
2 trades:-10/+40 = +30pp
Note
Was expecting a bounce from SZ to 402.
Will be looking for sell setup around 402
Note
Adjusting my expectation to price posture.
Entry @251
SL -10pips
dtp to be determined
Note
Tights Stop.
Move Sl to -5pips
Note
Pinching 40pips
Move SL to +20pips
Trade closed manually
entry @251 closed for 30pips.
Buy entry at SZ, 924
SL -10pips
Note
Faked out of a good swing at the SZ.
4 trades: -10/+40/+30/-10 = 50pp
will be looking for buy setups
Note
Closed week on a positive
5 trades: -10/+40/+30/-10/-5 = 45pp
Rest easy, put yur feet up, have a good weekend
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