GBPUSD 11/21/2022
Price has reached and showed willingness to move away from the OB at 1.17800(This entry was missed because it was after 11:30). After a break of sell structure ill look for a entry during either London or NY @ 1.17850. This could be the weekly low.
(Working towards trading on bare charts and forecasting the next day's move)
(Working towards trading on bare charts and forecasting the next day's move)
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*Typo on the charts* most recently broken structure should be labeled "buyside" not "sellside"Note
Going to sleep. If im up prelondon im looking for something like this. What yall think? wishful thinking?lol
Trade active
Liked how AR was printing so i set a limit order at 1.18750 before my prelondon nap. With the spread im in at 1.18746.
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Moving stops in profit
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Giving the trade some room to breath
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Well dang can it get any closer? lol
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This 1M cancellation just saved my life lol
Trade closed: stop reached
Was fun while it lasted ;( stops hit in profit
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Last trade idea for the day. Looking for a retest of the recently created 5M OB after 7am
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last trade for the day is active at 1.18700. Only risking 10 pips. Lets see what happens.
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Reasoning behind taking this trade was the failure to regain structure below AR high. Then my shorts were stopped in profit which lead me to believe the initial move down out of AR was creating the low of the day. Shorts were simply me trying to get a buy entry a little lower, but we take what the market gives us.Note
broke recent highs. stops in profit
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Collapsed 30% of position(partials taken at +8pips)
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LTF highs broken. moving stops deeper in profit. Ill take another 20% off the trade at 25 pips in profit.
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another 20% secured at 25+pips. 50% of the position still active. stops will remain where they are until they hit or tp hits, but im clocking out for the day.
Trade closed: stop reached
Stop profits hit.
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