Draeco

Draeco

cleaned up the charts abit but this is the position im currently live in, hoping to make £160 off this move, only risking £17

Draeco

very high probability setup taken here risked £17 to make £160 avg

Draeco

hugh risk trade using support resistance levels only head and shoulders pattern being formed at htf resistance level

Draeco

currently still in my position, havent pulled any profits or adjusted my stop loss, as you can see overnight that paid off during Tokyo/sydney session where we had gained initially 120 points, price has retraced a little bit in todays london session, but with news shortly arriving and looking bearish with inflation rates im expecting price to not break this zone...

Draeco

Saw a great trade took a great trade, ended up getting in once I saw we were rejecting that 5 minute zone

Draeco

Since i missed that trade on gbpusd, i missed it because I was too focused on the wrong point of interest not realising all price wanted to do was come up and tap the 15 minute demand zone. Anyway I’m hoping this trade will retrace into my zone and play out in my favour, to save time explaining, this is being calculated using the same strategy as before, check...

Draeco

potential trade for tomorrow hopfully? ive got sell limit orders set so i recon once the news event occurs all that accumulation wouldve been wiped and my metamask will be in the blue set and forget currently taking in my second ftmo challenge demo so ignore the lot sizes, theyre for a much larger account

Draeco Updated 

as predicted, were seeing bullish momentum to reach our point of control. to summerise this trade and confluences, on the weekly we're bearish - worth 10% daily bearish - 10% 4hr bearish - 10% 1hr bearish 10% thats 40% probability that if i press sell, i will win. in recent price action ive noticed some accumulation before a break of london session. Asian...

Draeco

ive decided that during london session ill probably start trading the breakout and during new york ill look at supply/demand zones. anyway, this is my trading idea for today, im still looking at shorts on gbpusd weve had a break of all those lows coming into london session and left behind imbalance, followed by a point of control and clean order block with...

Draeco

USE 5 MIN as the trade continues ive marked up a pretty crucial supply zone created at 1:50 pm just before a break of major zone, price has created support below but respected this zone, we enter short on the pin bar (the first candle printed at the demand zone) and target recent low to be broken. high risk high reward

Draeco Updated 

i got stopped out on this mornings idea, was 1k up then price reversed and stopped me out for a £700 loss. minor. we have corrected ourselves and have identified this zone right here. currently, its approaching lunchitme in london session meaning the volatility of New York is about to kick in, just before new york we have a break of structure, which cleared...

Draeco

looking very healthy just as expected. currently both positions at be. looking to close 1 position once tp1 gets hit and remove risk on the open trade. confluences : - lovely rejection and possitive momentul to the downside on heikin ashi - we rejcected the midnight level clearly rejections line up perfectly eith trend lines drawn, were also extremely oversold on rsi

Draeco

CHANGE CHART TO 5 MIN!! quick sneak peak at my setups for today, currently short on 2 positions 5 lots each. will consider pulling 50% of my total position at support level and moving my sl to be on the other open trade, eliminating all risk. As news is expected at 1:30 pm, which is a moment in time where volume is already peaked, then further volume to follow at...

Draeco

Smc concept Completed using my tickbox All conditions met Confident setup