Trading GBP/USD
SL would have been hit. I am not actually trading I am just doing analysis
Once price breaks out of the Asian range, you wait for a reversal candle plus confirmation then short. This would have been the result. This is called the breakout strategy, I have made a separate thread on it.
Once price breaks out of the Asian range, you wait for a reversal candle plus confirmation then short. This would have been the result. This is called the breakout strategy, I have made a separate thread on it.
Alright, i will check out the thread.
Potential buy opportunity because price seems to be reversing back into the Asian range.
I am still bearish on this pair, I'm just waiting for price to retrace to the marked zone and i will sell from that zone.
TP reached, although I had to adjust the SL a bit.
ohh, I didn't know you were buying. Thought you wanted to sell also.
My sentiment is bearish on this pair cos price has broken out of the Asian range and is returning
Wrong on this one GBP/USD is hugely correlated with GBP/USD. I also have a bullish bias for EUR/USD here https://www.mytradingland.com/thread/eurusd-beginner-level-trading-edabd1/50#2c3aae
My sentiment is bearish on this pair cos price has broken out of the Asian range and is returning
Wow, our analysis align