LParnell

GBPUSD Trade Idea NY Killzone

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Trade Idea NY Killzone

This hurts because I saw it form and had to dash to run errands. Pura Vita!

I suspected that price would decline and seek the equilibrium to take out sell stops before potentially swinging up in NY Killzone to my anticipated sentiment of then taking the buy stops.

London created the low by 8am. Just as the NY killzone was starting I saw the model forming. Price energetically rallied. I suspected it would reach for the 15 fvg, the NY midnight opening level and seek resting buy stops. Celebrate it did.

I got back just as it crested the buy stops and again did not trust myself knowing the model formed again and sat and watched declined to my noted FVG at range 1.26339 to rebalance that FVG.

What was cool sitting on the side lines watching price hit 50% fib levels and not wanting to stay in a discount before rallying up to the .618 then bouncing off that for the reverse move to decline to the FVG and hitting a mitigation block to then consolidate.

Great delivery with two great trades and a day with some added volatility to watch and analyze. Sad I did not trust myself and yet its all good.
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