GBPAUD SHORT 09 OCT 2020Morning everyone,
We are looking at GBPAUD today. Potentially a nice high reward to risk trade setting up.
Entry 1.8000
Stoploss: 1.80250
Take Profit: 1.7880
RR: 4.8
Btmm
NZDUSD (4H) Backtest : Break of market structureWinners = 6
Losers = 5
Breakevens = 2
Total Trades = 13
% Non Losers = 62%
% Winners = 46%
% Breakevens = 15%
% Losers = 38%
Win/Loss = 120%
Net R = 4.6
Avg R/Winner = 0.77
Avg R/trade = 0.35
Bad trades prevented due to presence of liquidity near SL= 20
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
RTY (Russell) (4H) Backtest : Break of market structureWinners = 8
Losers = 3
Breakevens = 2
Total Trades = 13
% Non Losers = 77%
% Winners = 62%
% Breakevens = 15%
% Losers = 23%
Win/Loss = 267%
Net R = 9.8
Avg R/Winner = 1.23
Avg R/trade = 0.75
Bad trades prevented due to presence of liquidity near SL= 26
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
XAUUSD (GOLD) (4H) Backtest : Break of market structureWinners = 12
Losers = 2
Breakevens = 2
Total Trades = 16
% Non Losers = 88%
% Winners = 75%
% Breakevens = 13%
% Losers = 13%
Win/Loss = 600%
Net R = 17.2
Avg R/Winner = 1.43
Avg R/trade = 1.08
Bad trades prevented due to presence of liquidity near SL= 13
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
USDCAD (4H) Backtest : Break of market structureWinners = 6
Losers = 3
Breakevens = 4
Total Trades = 13
% Non Losers = 77%
% Winners = 46%
% Breakevens = 31%
% Losers = 23%
Win/Loss = 200%
Net R = 6.6
Avg R/Winner = 1.1
Avg R/trade = 0.51
Bad trades prevented due to presence of liquidity near SL= 18
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
GBPJPY SCALP SELL 50 PIPS 07 OCT 2020Morning everyone, hope you're all well. We have the asset GBPJPY already in a downwards trend. Over the course of Asia to the London open, we have seen a slow and steady rise in price. Right to the key level of 136.500.
From here there is enough liquidity for the larger players to go short.
Risk reward is the same on all my trades a simple 2:1
SELL limit ( 136.500 )
Take Profit ( +50 pips ) 136.000
Stop Loss ( -25 pips ) 136.750
Good luck
GBPUSD SCALP SHORT 5th OCT 2020Morning everyone.
GBPUSD met entry requirements.
50 pip TP
20 pip SL
Entry 1.29500
TP: 1.2900
SL 1.29700
USDCHF : Trapped sellersTrapped Sellers on 4H are nested inside trapped sellers on Weekly. They will want to exit, giving us a long entry.
XAUUSD (GOLD) : Which pocket of trapped traders will exit first?Recently, Gold has been dancing up and down, trapping traders on both sides.
We are patiently waiting for either side to start exiting - and will trade with them!
XAUUSD (GOLD) : Where are traders trapped on a weekly chart? Watch what happens when price comes back to either of blue zones. They both have a bunch of trapped traders caught on the wrong side.
Use these zones as guides and look for refined entries on H4 when price comes back to them.
GBPCHF SCALP SELL 30 SEPT 2020Afternoon everyone, we are expecting a rise in price reverse.
We can enter upon return to the 50 pip range.
50 pip gain
25 pip stop
GBPJPY SCALP BUY 29 SEPT 2020Afternoon everyone, NY session is underway, for me there is a clear buy opportunity to scalp some pips.
TP: 136.29800
SL: 135.74800
GBPJPY 24th Sept - SCALP BUY Morning everyone, as shown visually on the chart when the price comes to the round level of 134.000. Wait to see how it reacts and try to get filled for a 50 pip buy scalp on GBPJPY.
entry: 134.000
BUY
TP: +50 pips
SL- 25 pips
DXY (Dollar Index) : 2 trapped seller zones to watch outThough in relatively expensive area, there are 2 trapped seller zones to watch for. When price comes to these trapped sellers, the'll want to exit.
XAUUSDD (GOLD) : Trapped sellers below a liquidity zone (Buy!)Sellers were trapped in the recent uptrend in XAUUSD. Just above them, is a liquidity pocket which was recently taken out.
When price reaches these trapped sellers, they'll love to exit their loss making position - (hopefully) giving a beautiful long trade
Easiest Set up for high probability trades. GBPAUD +50 pipsMorning everyone here is a beautiful example of a 50 pip trade on GBPAUD during the London session.
The pound has been dropping over the course of the week, so when it comes to Wednesday ( mid-week ) we can look for the midweek reversal inline with the market maker cycle.
combined with round and quarter levels you can see the zones in which the market is trading.
In Asia, we see a big shift into the upper zone. Trapping short traders.
London dropped to pick up spending and stops before giving us a classic W formation.
For entry, wait for the neck to be broken and set your stop loss for -20 pips ( Unless its GJ then the stop is 25 pips )
Why GBP pairs? well, they have the largest ADR, meaning its most likely we can catch the 50 pips a day.
Very simple and very effective strategy, trade inline with the whales and market makers, avoid the traps and watch your trading improve exponentially.
Feel free to leave a comment.
Davie.
EURJPY : Let's do a liquidity hunt experiment!During a liquidity hunt, price could fall as shown and reverse from a long term trapped sellers zone. Let's see what happens
EURUSD : Let's do a liquidity hunt experiment!During a liquidity hunt, price could fall as shown and reverse from a long term trapped sellers zone. Let's see what happens
50 pip Target - 20 pip SL GBPUSD longScalp Trade
Price has dropped to area of interest. 50 pip target with a 20 pip stoploss.
Max risk 1-2%
50 pip TP
20 pip SL
leave a comment below
GBPUSD heading towards area of value for 50 pips Hey Everyone!
NY session is underway. Keep an eye on GBPUSD and the area of interest. Remember to spot an entry signal that works for you. Don't just enter when the price simply hits the price.
any questions, please leave a comment
GBPJPY Scalp Sell for 50 pips. 25 pip stopMorning everyone, hope you are all well.
GBPJPY - very choppy market as expected. The market has whiplashed traders in both directions. Signs are showing we can move further to the downside.
Waiting for confirmation on the entry. NY open is in 28 minutes. Within the next hour, we will be able to establish if the trade is valid or not.
Any questions you may have please leave a comment.
Tips on trades - 1% - 2% risk per trade, all my trades have a RR of 2:1 or higher. We like to hit 50 pips a day. Mainly trade GBP pairs.
