London Boyz
LB Update (USDJPY) - Buy Now SL: 109.380 Risk: -14 pips
Closing trade (Breakeven). Market gave us a decent rally during london session that broke through high @109.674 (20 pips). Price since then reversed and came back to entry.
Some context behind the buy trade setup we sent this week on USDJPY was a bullish dollar (dxy). See below.
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Market Open To Do List π
βοΈMark Market Opening Price
βοΈNote Order blocks, Fair value gaps, Liquidity void, Breaker Block, Mitigation block - On both sides of the Market.
βοΈNote where price has shown a quick shift away from a specific level. (Momentum is key).
βοΈNote recent highs and recent lows in the market that haven't been retested.
βοΈNote any levels in the market where price has left βcleanβ highs or lows (equal lows and equal highs)
βοΈWhen analyzing the market:
Daily Chart - 12 months (no less than 9 months back view)
4 Hour Chart - 3 months back view
1 Hour Chart - 3 weeks back view
15 Minute Chart - 3 to 4 days back view
#IctStudents
βοΈMark Market Opening Price
βοΈNote Order blocks, Fair value gaps, Liquidity void, Breaker Block, Mitigation block - On both sides of the Market.
βοΈNote where price has shown a quick shift away from a specific level. (Momentum is key).
βοΈNote recent highs and recent lows in the market that haven't been retested.
βοΈNote any levels in the market where price has left βcleanβ highs or lows (equal lows and equal highs)
βοΈWhen analyzing the market:
Daily Chart - 12 months (no less than 9 months back view)
4 Hour Chart - 3 months back view
1 Hour Chart - 3 weeks back view
15 Minute Chart - 3 to 4 days back view
#IctStudents
London Boyz
LB Update (USDJPY) - Buy Now SL: 109.380 Risk: -14 pips
Target @110 reached.
Bias β
Patience for OTE was the only difference maker for missing this buy on UJ after our stop loss was swept for only 8 pips then price proceeded to reach 110. ππ½
Bias β
Patience for OTE was the only difference maker for missing this buy on UJ after our stop loss was swept for only 8 pips then price proceeded to reach 110. ππ½
LB Trade Setup (USDCAD) - Look to buy up usdcad within the 1.21250 - 1.21150 price range π
Target 1: 1.21760
Target 2: 1.22020
Stop should be placed @1.21000 (Risk 20 pips) ππ½
Target 1: 1.21760
Target 2: 1.22020
Stop should be placed @1.21000 (Risk 20 pips) ππ½
London Boyz
Photo
USDCAD took off without us ππ Target 1 obliterated.
Hope the bias helped someone buy anyways and make some profits π€π½
Hope the bias helped someone buy anyways and make some profits π€π½