Hello Fellow Traders,
As we wrap up the week, I want to reflect on the past two weeks, during which I've experienced consecutive losses. Such ups and downs are a natural part of trading, and they serve as valuable learning experiences. I remain committed to sharing my insights and outlook with you all.
Currently, I have ongoing positions on GBPCHF, based on a longer-term perspective that I've previously discussed. I believe there's an opportunity for a short-term play today, which could complement our existing short positions.
On the H1 timeframe, I've identified a pattern that I'm familiar with and have been monitoring closely. This pattern, coupled with the identification of a liquidity pocket, presents a potential entry point for me.
This particular play offers a favorable risk-to-reward ratio, which, if it plays out as anticipated, could help recover the losses of the past two weeks and bring us back to break-even.
For me, trading revolves around managing risk and maximizing reward.
I wish you all a safe and enjoyable Friday.
Tradebudz
As we wrap up the week, I want to reflect on the past two weeks, during which I've experienced consecutive losses. Such ups and downs are a natural part of trading, and they serve as valuable learning experiences. I remain committed to sharing my insights and outlook with you all.
Currently, I have ongoing positions on GBPCHF, based on a longer-term perspective that I've previously discussed. I believe there's an opportunity for a short-term play today, which could complement our existing short positions.
On the H1 timeframe, I've identified a pattern that I'm familiar with and have been monitoring closely. This pattern, coupled with the identification of a liquidity pocket, presents a potential entry point for me.
This particular play offers a favorable risk-to-reward ratio, which, if it plays out as anticipated, could help recover the losses of the past two weeks and bring us back to break-even.
For me, trading revolves around managing risk and maximizing reward.
I wish you all a safe and enjoyable Friday.
Tradebudz
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.