GBPUSD 3/27/2023- 3/31/2023
Short on GBPUSD
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-Looking for the high of the week to be set Tues-Wed
-Expecting the 1H -FVG to act as our resistance this week(Tues-Wed)
-Expecting Friday's low to be taken(Wed)
-The 1H +FVG should act as a magnet, pulling price below weekly open(Wed-Fri)
*Looking for 3-10% this week*
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-Looking for the high of the week to be set Tues-Wed
-Expecting the 1H -FVG to act as our resistance this week(Tues-Wed)
-Expecting Friday's low to be taken(Wed)
-The 1H +FVG should act as a magnet, pulling price below weekly open(Wed-Fri)
*Looking for 3-10% this week*
Nota
Expecting a stronger dollar, which supports lower prices in XXXUSD pairs
Nota
-Simliar outlook on EURUSD so ill only be posting trades taken.-SPX hasn't given me enough to form a bias just yet....
-Ill start looking for trades Tues London Open
-Ill be low risk until later in the week
Dagangan aktif
Took this trade in class after seeing price engage the 1H +BB and show willingness to move away from the PDA on the LTF. 20% off so far.
Nota
40% partials taken sitting at 20+ pips in profitNota
60% Partials off 3/4 to TP
Dagangan ditutup: sasaran tercapai
Price came within 1/2 a pip of TP and I close manually.
Nota
Pending entry....
Dagangan ditutup: hentian tercapai
-Was in and out of profit after the position filled.
-Stopped out(-15 pip/ 0.75%)
-Still in profit for the week from yesterday's TP.
Nota
Both DXY and EUR look nice.
GU just needs to BMS on the LTF to enter short after the high was just taken.
Nota
Won't be trading SPX this week at all.Nota
Waiting for the BMS and Rebalance on GBPUSD and EURUSD
Nota
GU Entry Pending...
Nota
Could leave without us here... which is fine I won't chase it.Nota
Told myself I would demand the best set ups out of the markets and I've done just that.
Could've jumped in early and attempted to ride the small bearish move earlier today, but as you can see it didn't really go anywhere.
In fact, I'm expecting another retracement up to balance the range before my actual entry is given.
Not saying I can't be stopped out even after having the discipline to wait, but i'll rather be stopped out of a entry i know was justified over an entry I hoped was justified.
Unjustified entries usually result in a stop of some sort. For me I can feel the emotional trauma build from stops(even stop profits)and can cause me to slip into a habit loop of undisciplined trading styles.
NO MORE.
Nota
Gave nothing up top so ill call the week there most likely.
Nota
This is what I would consider unfavorable market conditions.Nota
Could still sell off, but im good.What I notice most right now is the lack of emotional attachment to the set up.
I want to protect that.
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.