Good morning traders, we back with another idea on GBPAUD, yesterday I entered some positions and since I swing all my trades to TP/SL. Today morning following the AUD news, my stops were triggered but only due to ignorance because on Sunday as I was looking at it my plan was to enter today after the 8 am news on GBP. But it’s another lesson for the journal, on the daily TF this pair is ready to move lower but on this 1 hour we can see that price swept the liquidity below and failed to close below the lows, proving that price will move higher for our hourly high in purple.
But since I’ve hit my daily loss, I’ll just monitor and study this setup to avoid today’s loss.
But since I’ve hit my daily loss, I’ll just monitor and study this setup to avoid today’s loss.
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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.