FX:GBPUSD   British Pound / U.S. Dollar
Watching for a potential Asian Sweep entry:

Entry Criteria:

-Need Asian session range to stay compact

-Need a confirmation entry at my point of interest

-Need a risk to reward of 5:1 or greater to take profit target.

Comments

I had same IDEA and lost it.
+1 Reply
May I suggest zooming out to the higher time frames? ✌🏻
Reply
@StewySongs I dont bother with the higher time frames anymore. ill use 4hr and thats the highest ill go.

Im only chasing nice quick moves in and out in a few hours for decent % usually, longest is maybe held over night.

I find its easier to predict where price will go short term and most of the time the real HTF analysis never plays out.

I would rather bank multiple short term moves.
Reply
good analysis
Reply
Totally agree
Reply