GBP/CAD Short - 31 Oct 2022 | Hybrid Move Result +3.00%

Hey traders,

Yesterday the GBP/CAD short bias was shared, today I want to show you a bit behind the scenes of our trading style.

First of all, everything in your trading plan should be mechanical:

1. The zones we draw are always from the same imbalance candles (our indicator)
2. The entries we take are always provided by our entry script (our indicator)
3. Stoploss & Targets are always the same by our formula (see tool on screen)

These 3 things already can turn you profitable in trading, if of course you tested your strategies a thousand times like we did.

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GBP/CAD was a beautiful monthly and daily supply stack! On the 4hour we did see price tap our zone last wednesday, however it was just a spike and the entry candle
did not form high enough by our mechanical rules.. not gonna share the boring details.

The risk to reward we use is always 1:3 and that is exactly what we did see with this setup. Hope you like this insight!

Kind regards,
MNieveld