Re-entry idea, the mitigation of the mitigation. ride the rest of the wave to the next low.
confirmations: Structure Break on 1 hour. Institutional FU, Momentum. Previous Distribution zone. Fib confluence
all confirmations are met at this point with mondays price action breaking the previous highs thus creating bullish structure. waiting on the retracement to play off our highlighted institutional move. Will play buy from 71.0 and after. Targetting the liquidity and imblanace to the upside.
First trade originally called on March 29th, linked below. That entry was sniped :). I used 50 pips of risk. so i could of tightened that up and gained a lot more but it was still a 5:1 nonetheless and that i acheived. always can get better tho.
set up a reentry because it essentially made the same move agian within the 1 hour and was looking very fractal . i...
I had a strong bias all week on this pair, I missed 2 entries. by less than 10 pips the first and only 15 the second/
conclusion, i predicted the move but i played the 71 it hit 61,8. i might need to consider that level because the same happened on EURCAD. i knew the direction all week but unfortunately i was unable to enter.. CAD likes 61.8
On to the next.
Saw the rejection at the fib with our highlighted candle pattern. caught the re-entry om Price action later in the day. held drawdown for a bit but then it hit tp and reversed. savage lil near 5:1 trade.
took trade at 11.50 with squad on watch party. price ranged below the clappin zone for a few hours into NY sesh, but we eventually got the entry.
Price reacted off our zone nicely. going and taking out the primary lows and ultimately for 250 pts of risk. Ultimately my risk was 60 pts and on 1% that could of been a 4% gain. I didnt end up securing any profits...
I placed a limit from a markup idea that i created on sunday night. It also got confirmation from el Mago.
We entered off the last bearish candle from the price action highlighted in yellow. We got the snipe and we exited at the previous distribution structure. Perfectly executed and easiest 4% youll get, I didnt even see this trade open, it went from a limit to...
Analyis gave me all the go aheads to short. I liked the set up just lost. it happens. There is some eqaual highs that could have been considered but i liked my odds and the R/R. 1 % lost is nothing. had another entry, but PA convinced me to close it.
GBPUSD accumulation pattern, lots of upsdide IPA. low risk Buy opportunity.
1. Entry sniped off 1 hour Insitutional Candle mitigation
Manually secured 4% and desired to catch the rest of the wave up with a re-entry.
(Secured 120 pips of the 300+ move)
2. set a limit at acummulation structure that was the mitigation of the mitigation
never came back....
Entered 3 trades
Original setup discovered sunday night. break of structure lots of IPA to downside. Bearish bias created
Used fib and liquidity to find entries.
Didnt snipe purple zone but got in. Secured 3.5% Profit
Wanted to snipe a re-entry to continue the predicted move.
Set a limit before bed. and woke up SL'd
gaps to upside giving us major incentive to go higher. Lots of imbalance. Playing off a structure that accumulated orders and sent us bullish last time. All Time frames are bullish, extra confirmations with trades called in our discord
Daily Structure just created lower low, broke structure to downside and captured buyers liqiuidity. But we left a major gap to the upside. This is major incentive to go higher. Along with the 4 hour liquidity created above our equal highs. correlation with the gap. 1 hour had a classic accumulation pattern and price shot up. Playing off the mitigation from that...