Buysideliquidity
18/01/23 10% Profit Taken.I didn't know what to expect at night when BOJ was talking about interest rates that stayed at the same level. But what happened was GBP shoot to the moon.
What I saw in the morning it was clear to me that Buyside liquidity was taken out and that created an opportunity to enter.
Price started to drop down creating FVG on a lower time frame (3min). Then the price came back to FVG and started to fall.
I went out making 10% on both orders :)
Stay focus, and DOn't Give UP.
Trading with Children.I think this is one of the most distracting thing while you trade.
If you are in the "zone" and there is a dog, child or your spouse around it is very difficult to focus on your trades.
I did 5 trades altogether.
Initially, I end up with a 6.5% profit but due to continuous trading, I end up with a 2% profit.
Let's keep going.
3% Take Profit.Missed one trade and got to another. Buying at almost premium.
From the moment I missed the trade, I was waiting for FVG creation. Price did retrace to FVG but consolidated for some time. It tool longer then I anticipated but in the end, everything worked out.
Please share your thoughts.
Testing 8.30 NY news. 16/11/22I don't follow standard Support and Resistance mode or Supply and Demand but instead I do follow Price and Time. Still lots to learn but getting better.
This is something I wanted to try today. 8.30 NY News and later on 9.30 NY session open. I was taken out at first but later on whole thing played nicely.
Please share your thoughts or if you have any questions then please feel free to contact me.