GBPSD LONGS IDEA

We've has a seek and destroy pattern almost for an entire week.
Nice London reaction to the downside to sweep PDL and close out on some in-sufficiencies.
I'm projecting if New York session will be an uptrend, we'll purge above PDH first.

Note

We're 20 min shy of New York open. I wanna see the markets reaction inclusive of some fundamentals and then find my entry point.
If the market melts during New York, I'ma stay out. This means I have only one bias for GBPUSD

Trade active

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There goes my entry on that private area trading view link.
I'm not sure why I cant post 5 min t.f and below publicly, If anyone knows how I'ma resolve this kindly comment below

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So the idea revolves around the prev idea that I shared.
If the market melts below London low and W. ( Weekly open) I'ma know that I was wrong with my bias.
Remember that risk management is everything, so manage your trades responsibly

My entry is around that 5 min Inversion fair vale, stop below weekly open, T.P 1 is on those relative equal highs @ 1.29800, T.P 2 slightly above PDH

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Pretty big scare to some of you when it almost approached London low huh.
Yea, no worries bout that esp when you are a novice or intermediate trader who's not mastered psychology in trading.
So, I wanna see the the market go above that 15 min reclaimed fvg and act as an institutional support area for the market to go and liquidate those rel eqhs

Note

I'ma reduce my stop now in a 1 min t.f and when the market liquidates those 5 min rel eqhs/ New York's high. I'ma B.E me trades

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There's some possibility of a B.E bcoz of what the dollar index is currently doing..
Once it gets to those rel eqhs, I'ma not only be @ B.E but I'ma take out 75% of my trade

Trade closed manually

We're are in some kind of LRLR. So I suggest to close some partials to your trades too.
Growing accounts sometimes ain't about hitting t.p's or being right every single time. Its about being there actively when you trade.
5 elements of a trade plan taught by ICT
1. Trade preparation
2. Opportunity discovery
3. Trade planning
4. Execution
5. Trade management.
And remember, Not every good trade has to be profitable & not every bad trade has to be a looser trade
#Psychology of the day

gachihi

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gachihi