Long trade
10sec Entry
Buyside trade
Pair AUDUSD
LND to NY Session AM
10 Sec TF Entry
8.00 am (NY Time)
Entry 0.62604
Profit level 0.62660 (0.09%)
Stop level 0.62587 (0.03%)
RR 3.29
Extended 0.62842 (0.38%)
RR 14 (Observed 4Hr TF)
4Hr TF
Extremely tight stop loss with this attempt at a buyside trade idea - AUDUSD.
Small buffer, so quick wicks could stop out before the move happens. The narrative is based on liquidity as NY opens, from the London session.
Trade closed: stop reached
Note
Right idea but the Judus swing was not considered in the context of liquidity grab...noted Note
Second trade for the buyside trade idea.
Not forgetting the purpose of the Judus swing, the objective is to grab those stops and limit orders only to then retain the path of least resistance thereafter. Buyside freedom
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.