OANDA:XAUUSD Spotted a bullish fair value gap that has not been tapped into. Waited for price to tap into the fair value gap which did not make the trade valid yet. Price inverted the 50% area inside the fair value gap and closed which signaled me to take my long entry. Set my take profit where previous bearish liquidity had an indecision. Set my stops below...
OANDA:GBPJPY Marked out a bullish fair value gap that price did not tap into. When we tapped into the fair value gap and broke the 50% area of the Fair value gap. Waited for price to invert above the 50% area of the fair value gap. Then took a long targeting the previous highs and set stops below the fair value gap giving the trade some breathing room. *not...
Short based on a 5 min Fair Value gap targeting previous liquidity. OANDA:GBPJPY
Dxy why looks like it is going to retrace back up didn't break the 1hr support. Jumped in for a short on GU its also showing bearish pattern on the 5 min on GU. Targeting 40 pips on this trade with an SL of 20 pips. See how it plays out . No emotions. FX:GBPUSD Looking for a break of 1.26352 on GU and i would say its a high probability of hitting full TP.
Entered this morning at the 1HR supply, entered on the lower time frame. Trade ended up going to retest previous highs, currently breaking back down. If we bounce off the previous higher low, i will cut the trade. If we break below previous higher low that will indicate a shift of structure and i will hold till till TP.
Look at higher time frames, we are looking to where we bounced off of price could be wrong and could lose the trade but i think my trade idea is valid if not ill be looking for buys on the higher low , only risk what you can afford cause this is a risky entry.
Look at my previous post on this same setup. Came and retested previous levels after breaking the range. Then is now coming back and testing those levels again, yes some draw down but that's trading. For all the 8 pip stop players against the previous high would be stopped out. Give your trade room! Bigger chance of winning but if yah lose yah loose! If your...
FX:AUDUSD Simple break and retest to the downside. Jumped in before the retest on the break of the trend line because i was confident in the setup. Retest confirmed after. Shooting for a 20 pip TP.