High probability live trades

stop is 20 points again

ok GBP USD is looking good now. TP is 4577.

GBP USD stop hunt is on, institutionals want to wipe out weaker longs before going for 4560-80.
prices to push lower into 4410-30 area before we flip for 4580

so here's a quick review if you are interested how I make the trade decisions see that area on H4 is extended further to the left, well today price gapped right through that area and this is very bullish signal you can only buy that kind of market. It's a part of the system obviously other parts I don't disclose in here. )))

Right now price will likely re-test this orange zone before we go further up.

stay tuned.

ok here's how you can assess the market quickly here's GU H4 you take strong green/red candles and measure 50%, when price is trading above 50% of tall candle we are bullish when we drop below we turn bearish.

very good way to assess markets strength/weakness fast.

notice how most time GBP USD is staying above 50%

also guys always put in a stop loss 20-30 pips max once the trade moves in your favor put it to break even and avoid potential losses if we reverse.

I had literally trades where I had been up 30-50K USD in 4-8 hours forget to lock in the profit and move SL to BE and then wake up to 2-3K USD losses.

Therefore always have a stop in!!

some US news coming up soon so if you have trades open put the STOP LOSS IN right now!!!

ok GBP USD back to 4420 region.

It's a tiring experience but that's what we get price just won't go up in one move we have to build up and then move higher.

always have your supply demand zones on M5 ready. that way you will see an entry clearly.

currently we are biased LONG in GBP USD. However price will likely hit demand zones below. We buy once we have a clear reversal in the areas below.

ok if you run into trouble identifying supply demand on M5 use this indicator. Use following settings on M5 - kill retouch yes, narrow bands yes and forced TF 15.
You'd get the following.

Good luck!

sold GBP USD post US data, EU is stronger now, however GBP USD is weak after the big move today, I plan to hold GBP USD shorts until we hit 4420-30 area and will then decide. Stop loss is 4495.

will wait for price to hit demand zones below on M5 this is only a short term trade currently.

doing OK so far today.

my USD SEK positions somewhat unresponsive, but we will catch up soon. Reason for the trade: see below.

In fact if you are not scare, you can still get in long USD SEK. This trade got very good potential.

USD PLN is much stronger, but USEK will catch up very soon.

ok guys GBP USD I did take a smal counter-trend short trades which I closed now watching M5 price action it's not looking good ))) So I closed GU shorts.

second trading account results similar trades were put in.

up approx 15K usd so far total.

here's part of my trading plan for today. I didn't follow it 100% though. But still always have a trade plan printed out on your desk so that you know when you plan to get in what's your TP and SL.

meanwhile GU is hitting overhead supply.

US futures down atm if GU fails to close above 4500 then we will revert all the way back to 4400

NZD USD shorts doing good now.

trade #7 USD ZAR new trade

USD ZAR LONG @ market open SL 14.28 points TP 15.60

trade closed for a small profit, I don't like the price action on H4.