GBPCHF Buys, Short term onlyTook a Buy here with 1:3 Risk, Lot size 2 risking only 1.3% of the account!.
Reasons for entry:
-We obviously in an uptrend
-Constellation before breaking up, seen that happen a lot.
-Tight SL!
-We got to reach that resistance up there!
Already in profit!
A risky trade if you ask me, why?
Looking at bigger timeframes we are bearish! Specially on the daily! and we are getting close to a really strong resistance zone!!
Once TP hit, I am looking for sells after confirmation of rejection of that rejection zone up there!
From now on I will be posting my Logs here on a daily basis, I used to write every trade i take on paper and on telegram. But i noticed i am getting a good amount of likes on my ideas so i will start here!
About my strategy:
-I keep it as simple as it could get!
-I do not trade on a daily basis, I just trade whenever i see the perfect chance or whenever it is a tight SL & risky!
-Basic Order block and Money Flow & Trend lines & some logic!
-I like to think about how people see and read the market instead of looking at the bars! People see an obvious buy? I wont take it! An Obvious sell? Wont take it either!
Demo or real?
I have succeeded in 3 Trial account with FTMO with all the goals achieved & now working my 4th Trial account from 50k to 60k within 1 month max! Afterwards i will take the real challenge for 50k with FTMO!
Tightsl
Cadjpy only sells Avoid chasing breakouts bcuz this is just ur POV of a parallel trend lines u drew ,, CJ has been gaining rapidly last few days , and so it has to drop back again if it wants to continue climbing for sure , i’ll try my first sell tmr @ 102.300 for target 99.500 and i’ll exit bcuz i believe it will go back up again , better save some profits,
Again same setups repeating u just gotta use ur eyes better to see it clearly) , use very tight SL)