GBPUSD LONG IDEA (Bullish Cypher)

2019年8月8日

Looking to place a buy limit at 1.21381.

2019年8月9日

手動結束交易

Buy limit order opened and closed manually at 1.21530 in 15 pips profit.

2019年8月13日

註釋

(Journal) Small profits bagged but, due to not paying attention to the overall trend on the larger frame. I believe this is a major pitfall for many traders, I'm glad I'm keeping a journal of all the ideas I post because man if I didn't write down where and why I went wrong, my trading career would be finishedddd. 😂

Obviously 15 pips is better than 0 pips so I'm grateful, but by zooming out I can see NO:
-Shift in Momentum.
-Potential Reversal.
-Strong Bullish Impulse moves.

Therefore, price is still looking weak & it's difficult to "predict" or make a "calculated decision" in a ranging environment. Just gotta wait for that breakout on the 4H+ and make a trade accordingly.