GU Asian Sweep

British Pound/U.S. DollarFXCM

Description

⋅ Jan 12, 2021 3:58 AM

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

mattrad88

⋅ Jan 12, 2021 9:17 PM

I had same IDEA and lost it.

StewySongs

⋅ Jan 12, 2021 7:54 PM

May I suggest zooming out to the higher time frames? ✌🏻

Matt-The-Trading-Cartel

⋅ Jan 13, 2021 2:39 AM

@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.

importantCode12562

⋅ Jan 12, 2021 6:42 PM

good analysis

TRADESBYZION

⋅ Jan 12, 2021 6:10 AM

Totally agree