kenoyer
What I see and what I am in, already 1:3RR and will keep an eye for news in 2 hours as well as the lower levels marked
Title says it all...based on the strategy. 1:7 RR already secured.
What I see and we could have one massive push down to setup a mid reversal today/tomorrow
Pressure to the downside ... until mid-week reversal Snacking with this one:
SO this is what I see and anticipating ...more updates will follow. PINK ZONE initially is ENTRY/KILL ZONE not entry and stoploss, screenshots after I am in the trade will update to atual short position with EP, SL & TP and my notes will elaborate. News later at NY ...will be staying safe but looking to catch some pips
What I am seeing, news coming in just over an hour
GBPUSD Downward pressure, an usual setup in line with trend
Initial comments ...updates will follow as usual. London Setup for GBPUSD.
Initial comments and what I SEE ...you have to see, before it plays-out and then the confirmations I SEEN gives the confidence to get involved and take a trade. I = Identify (see) P = Predict (watch) D = Decide (based on what you have seen) E = Execute (after you SEE) Updates will follow as usual
Initial comments and outlook. Updates will follow
So we have a rather tall Asian range ...not particularly excited or expecting a solid break and reversal early london, might not happen until NY even. But then the levels I'm interested in above and below are the lines. Wait for break out of the range and then a reversal (M or W) at the level and then decide/find entries and execute. Big picture this is just...
We hit some good levels yesterday, setting us up for what could be a good directional move I see a not too shaby Asian range, I'll like to see a break to the low and catch a W of yesterdays lows (low of this week) or last weeks lows and then ride the beast up Updates to follow ...leave me comment to let me know your thoughts if any. Happy and safe trading
So today's play is shaping up, we have an Asian range Currently rejecting a key level just at the top of the range and I'm expecting a breakout to the low to stop hunt yesterdays lows and form a higher time frame W second leg I'll be looking for a clean and complete W in London to get into a BUY ...updates to follow (feel free to comment)
So we had a clear W last week and feasted on the buys Technical in an uptrend move with the first V coming With a tall Asian range which I'm not excited about, we could see a break to the upside and get an M at last week's high The play will be to sell back into the Asian range (if we get an M at High of last week during London, else buy the W at the lows)...
Play is simple ...Mid Week Reversal anticipated at zone Break of previous structure low and trend channel inducing sellers and stop hunting buyers Look for entries ...multiple will likely come before and during NY ...milk the markets and don't let no losses run; tight stops!
So inside a single day what I look for is Asian Range Wait for a break out of the Asian Range and get a clear 5/15min W or M within first 1hr -1hr 30min of London opening (at a level - low/high of previous day or week or H4 level) The break OUT of the Asian Range could be 10-40pips even 50pips ...but I'm interested in the reversal which will surely go back to...
Nice Asian range. Wait for break out to either of our killzones and then WAIT for M or W then feast!!!
Look left... nice trap zone. We have had rally up out of the A. Range and now anticipate an M for a sell. ECB President speach to keep in mind!