Hello fellas, my idea on gold for the day, expecting higher prices for now, but bearish continuation
Hey fellas, hope you got a good christmas rest in, because we are back to making money:) my ideas for EUR/CHF:)
Well, the TP was hit (I scaled another lot in on that 5M FVG), with a bit of turbulances and drawdown due to the news release, nonetheless the SL should´ve protected you (my did) and the win streak is still going, hope you caught the same move:)
Got a rejection off of a FVG into a break of market structure, which formed another FVG, which comes with an Optimal Trade Entry and a bearish breaker underneath it. Hope you enjoy it:)
Another TP got hit on the previously posted CAD/JPY Short, couldve added another 1-2 lots, when the market created a FVG on the 5M and broke structure, but it is what it is, nonetheless 2/2 on the day folks:)
Take profit got hit, without experiencing any drawdown, looking for a continuation to the downside, or an exhaustion at the low for a reversal into asia and friday.
In summary, I took a trade based on the combination of FVG, shift in market structure, and optimal trade entry. I believed that these factors were indicating that there was a potential opportunity to profit from, and I entered the trade:)
Another FVG formed, as the market is breaking lower and lower.
Short Entry criteria -Buyside Liquidity taken✅ -Daily/Weekly Bias bearish✅ -Judas Swing above NY Midnight✅ -FVG on 5M✅ -Break of Structure✅ -Big Demand area✅ -Optimal Trade Entry✅ -Good Stop Management✅