This is my current outlook for GBPCAD. I will not be selling this at this level, I need order flow re alignment to risk the capital. Waiting for the alert to hit first then I can look to lower time frames to do something
Clean NU sells that are lining up with my trade plan and a clear target of last weeks weekly low. I am not in this yet, this is a sell limit trade waiting for another sweep into the key area. Lets see...
Had a few positions not work out this week, its the way it goes. Just ensure you know your risk and trust your math. Always do what you can to keep this game logical, even though its hard!
Love this look and the current formation, you can see my buy limit level for a good RR so lets see what happens.
Last week we looked at this and it had not swept the high of the wick we were after, it has done that (only just!) right now. I am officially in LIVE on this trade, stop and profit levels are shown. This is my analysis, trust your own.
Any trade for the rest of the week will more than likely be demo only as only 1 live trade gets taken at a time as a measure of...
This meets all criteria for entry. Stop at the low. I AM NOT TAKING THIS TRADE LIVE! This for me is a demonstration only of the types of set ups I look for!
I am focused on GBP this week and what those cross pairs can potentially offer.
Alert triggered while I was on the phone and miss the best entry. You can see we still have good RR and I like the look of this so this is our first trade of the week.
Still a heavy eye on GBP this week for downside. Out of GBPAUD, GBPNZD or GBPCAD, whichever works out first is the one I will take (and post here). The others I will post too but just know I do not...
MY outlook for GBPNZD will still play, but I only take one trade at a time. So the GN play when it happens will be demo and for analysis only.
This structure is nice and a lot of GBP based pairs are showing big moves down. This has swept my level and an immediate bearish candle. Got in before the candle close on m15 I really like what I see...
Use proper risk
Sorry for the lack of posting, I have been having some good success with set ups, I just forget to share them here. Another idea for GN, that last one paid out at 18:1 RISK REWARD. Only looking for shorts should that wick mentioned be swept (price takes it out).
From there I will drop to a lower time frame for my entry, but even just setting a sell limit order on...
GN just keeps pushing lower and lower, so not fighting it. Waiting for this pair to turn eventually but right now that looks to be a 2023 move.
Tagged in on the break of the H3 trap candle. Stop at the high.
The best thing about AUD based pairs is they almost look mostly clean. Although these pairs can be slow, the moves can be really simple making them awesome to catch.
Several trap levels are below here for sells, goal is to see if she can make it back to that Daily trap level. Lets see
This is what I see on the cards for EN. GN position we are in for shorts going well, its a h4 position so its going to take some time to develop. This would be good confluence to add this EN pair.
Need to see it sweep up higher personally to to take any sell limit trade. Levels for a limit trade are given in the photo, so lets see.
Forgot to do this last night, but this tagged me in and I am active. Didn't have a great week last week, and with not many trades taken this week, this will probably be my last trade and analysis for the week.
You can see target level but will trail stop with supertrend...
We took a break from posting, but now we are back.
Current outlook for this pair. A sweep of the corrective lows at the bottom looks like only a matter of time. The eventual upside is the thing to catch, but 100's of pips to catch on the way down are too good to pass up.
I really like the push this market had off that green zone, it has come back up to tag it, and now looks to want to do the same thing again. Stop is tight here with 0.5% risk but shows great promise if it plays out