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StewySongs
Apr 1, 2024 6:32 AM

GBP/USD Short and GBP/CAD Short Short

GBP/CADOANDA

Description

GBP/USD Short

Minimum entry requirements:

• Tap into area of value.

• 1H impulse down below area of interest.

• If 2 touch 5 min continuation, reduced risk entry on the break of it.

• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.

GBP/CAD Short

Minimum entry requirements:

• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.

Comment

“Trading doesn't just reveal your character; it also builds it if you stay in the game long enough.”

Comment

"Beliefs resist any force that would alter their present form."

Comment

"Beliefs can be changed, and if it’s possible to change one belief, then it’s possible to change any belief, if you understand that you really aren’t changing them, but are only transferring energy from one concept to another."

Comment

"All you have to do is guess correctly, which is no different than guessing the outcome of a coin toss, whereas consistency is a state of mind that, once achieved, won’t allow you to “be” any other way."

Comment

"The way to be objective is to operate out of beliefs that keep your expectations neutral and to always take the unknown forces into consideration."

Comment

"From the market’s perspective, “every moment is truly unique,” even though the moment may look, sound, or feel exactly the same as some moment logged away in your memory bank."

Comment

"When you’re at peace with any outcome, you will experience a carefree, objective state of mind, where you make yourself available to perceive and act upon whatever the market is offering you (from its perspective) at any given “now moment.”"

Comment

"The process of transformation starts with your desire and your willingness to refocus on the object of your desire (self-discipline)."
Comments
RLinda
A good look at the market
Pound Sterling currently has a weak fundamental backdrop against the dollar and a fairly high probability of seeing a decline in the medium term
JawadHustler
Nice setup ! what do you think about gbpcad ? is there a chance of it going down ?
Babenski
Nice setup
StewySongs
"Intend to have a better life. Just intention to have a more successful life. Think better. Create better influence for others and for oneself. Just the desire to be a better man, that's all." - Maharishi Mahesh Yogi
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