GBPUSD Week 33 Swing Zones

11 thg 8

Highlighting 2 swing zones as always. Both of which are identified from previous weeks price action around the levels.
Using Tradingview's alert, place @ 7389 and @7090
In reviewing previous week; price could swing up, in which case the upper SZ will be highlighted
Price action determines trades: Entry on the 5mins chart to achieve tight stops of 10-15pips

13 thg 8

Ghi chú

As with last week, price moves up to the higher SZ.
Entry @021. SL -15pips
dtp @7385

13 thg 8

Ghi chú

Pinching +20pips. Move SL to BE

13 thg 8

Ghi chú

Trade closed @ BE
Reentry @ upper SZ @249
SL -15pips
dtp @7385

14 thg 8

Đóng lệnh: dừng lỗ

Entry @249 stopout for -15pips
Reentry @699 for dtp @448
SL -10pips

14 thg 8

Giao dịch được đóng thủ công

Pinched +40pips on entry 699
Price bouncing off midpoint btw SZ for entry @274

14 thg 8

Ghi chú

3 trades so far: 0/-15/40 : 25 pips Pinched.
Entry @274 pinching 20 pips, move SL to BE
dtp (dynamic TP) @8936

15 thg 8

Ghi chú

entry 274 trade closed be
Zone still valid, as price is bouncing again
Entry 245
SL -10pips
dtp @8936

15 thg 8

Ghi chú

Pinching 20pips
Move SL to BE
dtp @8936

15 thg 8

Ghi chú

In trailing stop fashion, we pinched 10pips on last trade, as price moved +40pips from entry

16 thg 8

Ghi chú

Missed out on the bounce from the SZ (Red box) for a huge swing past dtp, no fomo
five trades concludes week 33: 0/-15/40/0/10: 35pips pinched
Have a great weekend