British Pound / U.S. Dollar
Short
Updated

GBPUSD Weekly Bias 12/11-12-16/2022

460
Bearish on the week. Expecting to see the high created between 1.24500 and 1.25000(Mon-Wed) and the low to be created between 1.20500 and 1.20000. Lets see what we get. Looking for 2 decent trades this week(15:50pip) most likely wed-fri but ill start considering positions Tuesday LO. Today's PA should give a little more insight.
Note
snapshot

Wanting to see a sweep of AR high before a sweep of AR low into the OB at 1.22465 to create the LOD between 3am and 5am

Strain of the Session: Gush Mints(Indica)
Note
snapshot

2 pips from being filled. will be back tomorrow
Note
Of course it flew, but im beyond satisfied with the growth of my anticipatory skills.
Note
snapshot

Gave the entry for what i believe is the HOD early but because of that there could be a new high created
Note
We've also traded into the HTF PA so im looking to start trading back towards weekly opening price
Note
snapshot
Looking from shorts from 1.24030 before 5am
Trade active
snapshot

Going to be looking for a little more on this entry being that I initially was looking for 250 pips(One shot, One kill), but im going to settle for 125pip(Proj. ADR) and get the rest tomorrow.
Trade closed: stop reached
Stops reached in profit. My guess is that most of todays volume will come with the 2pm news
Trade active
snapshot

I think the highs of the week and day are in. Risking 15pips here. Lots of sellside targets left on the week. Lets see what happens
Note
Will likely hit stops here. The week is playing out sort of how I expected, but the entries have not been running or setting up. I'm not going to force anything so ill leave this trade running and come back tomorrow to get the rest of our paper back lol
Trade closed: stop reached
Note
snapshot

kinda frustrating ngl

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.