GBPUSD and GBPCHF are presenting themselves for a possible long situation. Structure is correct and GBP has strength as of 7:42am NY. If the opportunity presents itself, I will be going long upon my entry signal. Always remember things can change during the session and the pre-session setups can invalidate themselves. Have to be nimble and quick in these markets.
Note
Entered a long on GBPUSD @ 1.13156
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Forgot to add my TP is 30 pips and my SL is 35 pips
Trade closed manually
Trade closed. Sometimes you just don't get the movers, but I will take every single one that matches. In my experience, the losers usually come first then the winners since I have to and I don't waste time cutting. Waiting for potential reentry.
Note
Reentry on GBPUSD. Didn't have to actually get out the first time, but since I saw my primary exit I am not going to second guess cause I can always reenter like I just did.
Trade active
Took a long on GBPCHF. So long GBPUSD and GBPCHF at the moment.
Trade closed manually
Just one of those days where my setup isn't working so this is why proper sizing is needed so one does not blow up. Closed GBPUSD and GBPCHF
Note
Long on GBPUSD and GBPCHF for one last time. Structure is still there so I have to take it since it is in my trading window.
Trade closed manually
Closed GBPCHF as I got an exit signal. The market is really tight today and not really moving at all. These are the days that test you to no end.
Trade closed manually
Wellll, can't make money when the market consolidates. It's just one of those days where you do nothing wrong, yet, get hammered. At least I played my system and will continue to do so, because on the aggregate, it works and I know it works. Just unlucky to get signals on GBPUSD that just did crap sideways action.
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