GBPUSD and GBPCHF are presenting themselves for a possible long situation. Structure is correct and GBP has strength as of 7:42am NY. If the opportunity presents itself, I will be going long upon my entry signal. Always remember things can change during the session and the pre-session setups can invalidate themselves. Have to be nimble and quick in these markets.
Comment:
Entered a long on GBPUSD @ 1.13156
Comment:
Forgot to add my TP is 30 pips and my SL is 35 pips
Trade closed manually:
Trade closed. Sometimes you just don't get the movers, but I will take every single one that matches. In my experience, the losers usually come first then the winners since I have to and I don't waste time cutting. Waiting for potential reentry.
Comment:
Reentry on GBPUSD. Didn't have to actually get out the first time, but since I saw my primary exit I am not going to second guess cause I can always reenter like I just did.
Trade active:
Took a long on GBPCHF. So long GBPUSD and GBPCHF at the moment.
Trade closed manually:
Just one of those days where my setup isn't working so this is why proper sizing is needed so one does not blow up. Closed GBPUSD and GBPCHF
Comment:
Long on GBPUSD and GBPCHF for one last time. Structure is still there so I have to take it since it is in my trading window.
Trade closed manually:
Closed GBPCHF as I got an exit signal. The market is really tight today and not really moving at all. These are the days that test you to no end.
Trade closed manually:
Wellll, can't make money when the market consolidates. It's just one of those days where you do nothing wrong, yet, get hammered. At least I played my system and will continue to do so, because on the aggregate, it works and I know it works. Just unlucky to get signals on GBPUSD that just did crap sideways action.