GBPUSD Buy

29 thg 6, 2021

So inside a single day what I look for is Asian Range
https://www.tradingview.com/x/P3XeBHmS/

Wait for a break out of the Asian Range and get a clear 5/15min W or M within first 1hr -1hr 30min of London opening (at a level - low/high of previous day or week or H4 level)

The break OUT of the Asian Range could be 10-40pips even 50pips ...but I'm interested in the reversal which will surely go back to the top of that range and typically go beyond

https://www.tradingview.com/x/IcX3ljXp/
Here you can see I've added 3 levels below current price ...potentially it could break out of the range, go there and reverse with a clear W. This W will bring a rise that will potentially give us an A ...which will set us up for a nice W tomorrow or next

So I have
Identified the Setup and levels
Predicted what it may do next ...if it does then I will
Decide what I will do (in this case buy) ...and then I will
Execute the trade

IPDE = Trading Correctly

29 thg 6, 2021

Ghi chú

Possible stop hunt ...down at1.3825-30 level if we can't stay above 1.3850
...Another potential entry zone at 1.3825 with very tight stops

29 thg 6, 2021

Giao dịch đang hoạt động

30 thg 6, 2021

Ghi chú

Yesterday had 2 early exists at low of Asian range

Back at entry level with a possible stop hunt down to last weeks lows

30 thg 6, 2021

Giao dịch đang hoạt động

At high of Asian Range ...breakout above expected.
Rejection? Secure bags

30 thg 6, 2021

Ghi chú

Now approaching target at 1.3880 ...which is the high of yesterday


An M formation at key levels above and and in NY should be moment to consider exit

Aim is to collecting 100pips (50 on both entries)

30 thg 6, 2021

Giao dịch được đóng thủ công

1.3867 safe closure