Short on GBPUSD. Im looking for a sell entry in between 1.19880 and 1.20060. Risking 15pip:75pip R:R set up would take price into the buy OTE.
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Showing some sensitivity, but im not going to make the same mistake I made yesterday.
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Alot of res above price which is why im looking to take it a little lower. but it could definitely still buy here
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looking to take out these equal lows(previous days low)
Trade active
buying here into my sell position incase it doesn't give a sell entry. stops already in profit.
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Looking to cut 50% at 25 pips.
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watching it expecting retracement back into entry area if we get stopped in profit ill wait for a sell entry.
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50% partials secured at 25 pips. Risk free trade. im good for the day.
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moving stops 20 pips in profit since it is in my sell entry area now.
Trade closed: target reached
Good work.
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Sell could be setting up
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gave a early test but I would've wanted a perfect print of the diagram to the right. good thing is i already tp'd today and im just watching
Trade active
Came back before 5am (paper trade)
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Makes sense since we got that early test of the OB. still leaving the day in profit even though my overall analysis was wrong.
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beautiful.
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Overall daily target reached(PDL)
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Hit my buy OB and showed willingness to move away. starting to look for signs to go long going into tmrw
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Thinking this is the weekly low. Im getting really close to the strategy im going to be sticking with going into the new year.
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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.