Nice profit-taking. Well, one of the strategies I use is FVG or Order Block which I still learning. Let's see if I can keep it up.
I mention that till Fri we can expect consolidation and I think that is what is going to happen today. I'll watch out for CPI news at 8.30 NY time. I think that due to the increase in interest rate last month, inflation will start to decrease which means $$$ will get stronger and other currencies weaker. I'll expect sharp move to downside at 8.30 first and price...
As I was mentioning a week ago (FVG) Imbalance was reached yesterday afternoon. Now I expect consolidation for a couple of days and then a sharp move to the downside during FED CPI News. After that price should go up to the 1.14800 level or thereabouts. At the moment I'm Long for today.
I thought price action will reach the levels that I mention last week but I also mention that price will go there within the next two weeks. This is the second week and for me, there is a strong possibility to get there TODAY. Once the price reaches there I'll be looking for the price to go up and I'll be buying at the discount. Let's see how it will play...
As I mention on Monday/Tue price will have to go down to balance it. I think It won't happen next week but it will happen today. Let's wait and see.
This is something I want to try out. "Standard Deviation" which was presented in Mentorship. There is a probability price will go down to FVG which i mention yesterday. But also price might go up to take D time frame swing high. Let's see.
I believe the price will have to go down to balance FVG at some point. Will that happen this week I doubt it next week, I guess we have to wait and see.
So far prediction during London Session played nicely. Let's see if that will continue. Waiting for the signal to go Long collection approx 300 pips and then short with another 300pips.
Trying new strategies which I learned from Mentorship. I'm not sure that will work on forex but only time will tell. I'll keep trying for the next few weeks and see results. Please speed up video, it takes time to get to the desired profit.
I didn't follow the algorithmic strategy just a simple hunch (silly, not recommending).
I missed an entry when gold and silver were going up and providing setups for a long and the only reason I did it was that I concentrate on enrty with GBP/USD. All day this pair was not giving you anything I guess because of Putin's speech and the upcoming FED interest rate. I planning to go short on GBP/USD. Let see.
Hi, I know that some of you will say Bearish on GBP/USD and they have a good reason for it but I will play against the odds and go Bullish harvesting between 3 to 5% profit. Will I be right? Let see.
This is what everyone is facing while trading, patience. I jumped too soon (FOMO). But in the end, my predictions were right. Bought at almost a premium.
After yesterday missing out on potential profits I decided to go through my notes review them and see If I can make some profit today. Bought on the premium during London sesion. TP - 2 of them at 2% and 3 of them at 3.2%.
Buy at the premium during London Kill Zone. 5 positions, 4 of them 4.5% TP and 1 TP at 3.5%.
Profit taken at anticipated level. Happy for todays trade. I moved stop loss above entry and whatever happened I'm still in profit.
I knew market was over bought but also I know Insytiushions knew that too. I bought small amount before and I was waiting for price action to go to support line. Then I place large order and for now is playing right way.