Could be a Crazy BuyBeen waiting for WEEKS to see GBPAUD Trade into a Daily Orderblock.
Now, Usually, we wait to see how price reacts at this level.
However,
The reason I say this could be a great buy is because
- Dollar Correlation
- Old weekly and Daily Lows Swept
-Liq. Swept into Daily OrderBlock
- London Killlzone
- Its my girl GBPAUD
Outliertrading
USDJPY_2025-03-31Insane Trade Today.
Drawdown:3.8pips
TP: 81 Pips
To start the week, we have price reach and hover at a daily Luquidity Void.
From there, During London came a entry - Below Asia Low.
We would look to enter here being a bit bullish on the DLV.
To reinforce this buy idea, (if you didnt enter at asia low)
Price then broke a near high.
Retraces to the 15min Orderblock, then continued upward to TP at 81pips.
Entry Psychology Hey guys, Ray here, and I just entered a trade here.
Doesn't matter buy or sell,
or what currency your trading.
We all enter the market and none of us can ever know the "perfect price".
Therefore, our Stop Loss is inadvertently a key factor in our entries, lot sizes, and psychology.
In this video I explain what I mean...
Please comment if you found this insightful!
It Happened UPDATE:
As if we saw in the future,
Price swept the old low,
brought it to highs,
and sold off.
Since we predicted bearishness,
We could expect price to retest the 4hrOB sometime this week before going lower.
We saw that happen this morning,
We Sold,
and everyone made money.
I got out at 31 pips and am happy,
But it will most likely travel to the 99pip TP.
Save title:
GBPUSD_2025-01-30 NYK 4hrOB + News (GBP BOE Governor Speaks)
USDCHF is Already Bullish on the week...In Regards to Dollar Correlation,
We can expect Dollar to head lower now on a HTF.
With that being said,
A quick buy (in the turtle soup) up to grab liquidity, before heading down long term, would be ideal for the big boys controlling the market.
We do what they do.
Thats what we would do if we were them.
If you know what I mean, there you go ;)
If not, ask!
Goodluck,
X
NFP was TradeableUS Non-Farm Payroll was tradeable.
First of all, a big news event is the only thing that could change directional bias if it were to change.
We were in a HTF equilibrium.
With consolidation in that equibrium.
We took out the sell stops from that consolidation, then directional Bias was confirmed in the event.