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GBP/USD M5 Trading

  • #1,541
  • Jul 27, 2023 11:20pm Jul 27, 2023 11:20pm
Quoting stevepatt
GBP/USD Long Trade {image} {image}
GBP/USD M15 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 28th July 23 M15 Observations GBP_USD Mini_20230728_07.15.png Size: 29 KB
  • #1,542
  • Jul 27, 2023 11:49pm Jul 27, 2023 11:49pm
Quoting stevepatt
{quote} GBP/USD M15 Observations {image}

GBP/USD Long Trdae Result +20 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 28th July 23 Long Trade Result GBP_USD Mini_20230728_07.44.png Size: 32 KB
  • #1,543
  • Jul 29, 2023 12:26am Jul 29, 2023 12:26am
A very good video

Inserted Video
  • #1,544
  • Jul 29, 2023 1:01am Jul 29, 2023 1:01am
Quoting stevepatt
A very good video https://www.youtube.com/watch?v=LpI8OjZJRY0&t=4s
Good video. Thanks for sharing it.
Perfection is the enemy of good enough!
  • #1,545
  • Jul 29, 2023 1:25am Jul 29, 2023 1:25am
Quoting MichaelSch
{quote} Good video. Thanks for sharing it.

Hi Michael,

No problem he has a whole series of vidoe on his youtube channel well worth checking out
  • #1,546
  • Jul 29, 2023 11:57pm Jul 29, 2023 11:57pm
Quoting stevepatt
A very good video https://www.youtube.com/watch?v=LpI8OjZJRY0&t=4s
Watch the Video and see if what you Learn from the Video can be Applied to the Chart???
Attached Image (click to enlarge)
Click to Enlarge Name: 30th July 23 M15 Observations GBP_USD Mini_20230730_07.54.png Size: 32 KB
  • #1,547
  • Jul 31, 2023 5:56am Jul 31, 2023 5:56am
GBP/USD Short Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 31st July 23 M15 SShort Trade GBP_USD Mini_20230731_13.51.png Size: 32 KB
Click to Enlarge Name: 31st July 23 M1 Short Trade GBP_USD Mini_20230731_13.53.png Size: 24 KB
  • #1,548
  • Jul 31, 2023 6:05am Jul 31, 2023 6:05am
Quoting stevepatt
GBP/USD Short Trade {image} {image}

GBP/USD M15 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 31st July 23 M15 Observations GBP_USD Mini_20230731_13.59.png Size: 43 KB
  • #1,549
  • Jul 31, 2023 6:50am Jul 31, 2023 6:50am
Quoting stevepatt
GBP/USD Short Trade {image} {image}

GBP/USD Short Trade 1 Result +20 PIPS

GBP/USD Short Trade 2
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 31st July 23 M15 Short Trade 2 GBP_USD Mini_20230731_14.40.png Size: 36 KB
Click to Enlarge Name: 31st July 23 M1 Short Trade 2 GBP_USD Mini_20230731_14.43.png Size: 34 KB
  • #1,550
  • Jul 31, 2023 7:31am Jul 31, 2023 7:31am
Quoting stevepatt
{quote} GBP/USD Short Trade 1 Result +20 PIPS GBP/USD Short Trade 2 {image} {image}
I was also contemplating this short but there is a liquidity pool lying above 1.2884 which IMO, will be tapped before the journey down. lets see.
  • #1,551
  • Jul 31, 2023 10:40pm Jul 31, 2023 10:40pm
GBP/USD Short Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1st Aug 23 Short Trade GBP_USD Mini_20230801_06.32.png Size: 35 KB
Click to Enlarge Name: 1st Aug 23 M1 Short Trade GBP_USD Mini_20230801_06.35.png Size: 26 KB
  • #1,552
  • Jul 31, 2023 10:48pm Jul 31, 2023 10:48pm
Quoting stevepatt
{quote} GBP/USD Short Trade 1 Result +20 PIPS GBP/USD Short Trade 2 {image} {image}

GBP/USD Short Trade 2 Result (-10) Pips

More Orders needed to be Mitigated at a Higher Price
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug 23 Short Trade 2 Result GBP_USD Mini_20230801_06.42.png Size: 41 KB
  • #1,553
  • Jul 31, 2023 11:15pm Jul 31, 2023 11:15pm
Quoting stevepatt
{quote} GBP/USD Short Trade 2 Result (-10) Pips More Orders needed to be Mitigated at a Higher Price {image}
GBP/USD M15 Observations

Stop moved to BE+
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug 23 M15 Observations GBP_USD Mini_20230801_07.09.png Size: 32 KB
  • #1,554
  • Aug 1, 2023 7:58am Aug 1, 2023 7:58am
Quoting stevepatt
{quote} GBP/USD M15 Observations Stop moved to BE+ {image}
GBP/USD Short Trade Result BE+
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug 23 M15 Observations GBP_USD Mini_20230801_15.50.png Size: 34 KB
  • #1,555
  • Aug 1, 2023 9:45am Aug 1, 2023 9:45am
Quoting stevepatt
{quote} GBP/USD Short Trade Result BE+ {image}

GBP/USD M15 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug 23 M15 Observatiions 2 GBP_USD Mini_20230801_17.41.png Size: 22 KB
  • #1,556
  • Aug 1, 2023 10:22am Aug 1, 2023 10:22am
Quoting stevepatt
{quote} GBP/USD M15 Observations {image}
Hi Steve,

Will you wait for the M15 OB to retest or will execute trade on a lower TF OB also.

Thanks
  • #1,557
  • Aug 1, 2023 10:32am Aug 1, 2023 10:32am
Quoting brrand
{quote} Hi Steve, Will you wait for the M15 OB to retest or will execute trade on a lower TF OB also. Thanks

Hi Brand,

I won't be taking the Trade this late. Learnt that through experience.

I'm just Observing how Price behaves.

I Stick with the 15 Minute Time Frame for Setups and 1 Minute Time Frame for Entrys.
  • #1,558
  • Aug 1, 2023 10:23pm Aug 1, 2023 10:23pm
GBP/USD Short Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2nd Aug 23 M15 Short Trade GBP_USD Mini_20230802_06.12.png Size: 28 KB
Click to Enlarge Name: 2nd Aug 23 M1 Short Trade GBP_USD Mini_20230802_06.15.png Size: 22 KB
  • #1,559
  • Aug 1, 2023 11:02pm Aug 1, 2023 11:02pm
Quoting stevepatt
GBP/USD Short Trade {image} {image}

GBP/USD Short Trade Result +10 Pips

See the Chart for my reason to Exit early.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd Aug 23 Short Trade Result GBP_USD Mini_20230802_06.56.png Size: 32 KB
  • #1,560
  • Aug 2, 2023 7:32am Aug 2, 2023 7:32am
Quoting stevepatt
{quote} GBP/USD Short Trade Result +10 Pips See the Chart for my reason to Exit early..... {image}
GBP/USD Took two more Trades 1 Loser and 1 Winner

I hope the explainations make sense???
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd Aug 23 M15 Observations GBP_USD Mini_20230802_15.17.png Size: 52 KB
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