GBPUSD Week 27 Swing Zones

30 Jun

Looking at the Weekly TF, 2 zones and values are identified as SR areas

PC_Purple Candle
GC_Grey Candle
SL_Stoploss
iTP_Initial Take profit
TPf_Final Take profit

1 Jul

Trading ditutup: stop tercapai

SL hit @26600 for 13pips
Awaiting next Zone level @ 26900 for sell setup

1 Jul

Catatan

Simple bounce from the upper Resistance Zone.
Currently running +10pips from 26880
Aiming Low of the day on discretionary basis. if price breaks this level, new TP to be calculated.

1 Jul

Catatan

Pinched +30pips from Entry
Move SL to BE

1 Jul

Catatan

Trade closed be (ISM News)
Reentry @ 26900

1 Jul

Catatan

Pinched +20pips
Move SL to BE

1 Jul

Catatan

Pinching +40 pips
Move SL to +13 (26770) for recovery of earlier loss
Discretional TPf @ 26345: if Price breaks, to be recalculated.

1 Jul

Catatan

This where we draw the curtain
3 trades: -13/0/+55
Pinched 42 pips

1 Jul

Catatan

Simple bounce from 26345.
However, no trade due to market nearing close.
Will be looking for retest in the coming days.

2 Jul

Catatan

Price failed to form a double bottom @26345
Setting up new level @26163
Entry @26175: currently pinching +10pips

2 Jul

Catatan

Pinching +20pips
Move Sl to BE

2 Jul

Catatan

Pinching +40pips.
Move Sl to +10pips

2 Jul

Catatan

Pinching +60pips.
Move Sl to +20pips

2 Jul

Catatan

Pinching +70pips.
Move Sl to +40pips
Discretional TPf @ 27100: if Price breaks, to be recalculated.

3 Jul

Catatan

Move Sl to +50pips

3 Jul

Catatan

Pinching +80pips
Move Sl to +60pips

3 Jul

Catatan

Pinching +100pips
Discretional TPf @ 27100 broken
Move Sl to +80pips

3 Jul

Trading ditutup: target tercapai

Pinched +100pips
4 trades: -13/0/+55/+100
Total PP: +142pips

5 Jul

Catatan

Last day of the week
Looking for a double top formation around Wednesday's high
Aiming for 1 trade today (due to Employment News)

5 Jul

Catatan

Entry @ 27708

5 Jul

Catatan

Tight stops at -10pips

5 Jul

Trading ditutup: stop tercapai

SL hit.
5 trades: -13/0/+55/+100/-10
Total PP: +132pips
Week 27 concluded.
Unto Next week