For the second half of the week I'm gonne try to catch the movement on this instrument. If price gonna go the opposite way I'm ready to hedge. Let's see.
Today I tryied to cath the movement on the instrument. I cashed in on Tp1 en brought SL to BE. I let my restposition run to catch Tp2. If price go's north above 1.1190 I will close the restposition.
I'm in GBPUSD from friday. Now I reached my Tp1. SL is moved to BE. If price stays under 1.5800 I will let my position run to Tp2 otherwise I will close down my restpositions. Let's see wath happens.
Price reached a old support level. I have placed 2 pending orders to catch the movement. With a small position, because I have reached already my weekly goal. If I catch the movement, i will scale in my positions. Everything I do this week for the rest of the week will be small not to blow my weekly goal. Let's see!
Placed 2 pending orders to catch the movement on this level. lets wait and see.
I have placed 2 pending orders to catch te movement of the instrument this morning. On a indicicion candle 0.95343 LV. Watching this closely. I only have 1 TP because I dont see any sub levels to stall the instrument.
This morning I placed 2 pending orders to cath the movement. An this on the indicicion candle. Reached my first TP. Watching it closely. now whe possible get a close candle above the 123.00 level. Lets watch and see. A good start of the week for me. A first small win. Ihope to get more out of it. shortely a will bring my SL to BE
Going to close the short position and I placed a pending long position. Indicition is forming on a strong LV and the former long run(see red arrow) retraced for almost 50%.
This is on my watchlist for next week. Whe have a nice preceding trend. Monday this pair is the first on my watchlist for a possible reversal. I dont like to have trades open over weekend so this is something for next week. Have a great weekend
Possible reversal point? Bears can react here on this former structure level. Let's see
Possible reversal point? Bears can react here on this former structure level. Lets see
Here is my structure analasys. A possible turning point Red lines HTF SR Levels Orange lines MTF SR levels Blue Short term SR Levels If Im missing something here guys let me know
Will the market retrace to 0.618fib??? Lets see
The first pattern I draw in my life