Trading Journal + Review on GBP-USD 6th May

Trading Journal + Review on GBP-USD 6th May by @marvel-trader-c on 3Speak

▶️ Watch on 3Speak --- Another week has come to journal of trades! Hey traders, how have you been and I hope you are improving on daily basis? We have been working on other stuffs a while which mad...

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Transcript

Goodings, greetings, my dear friends and traders in the Marvel Traders community. For the past few days, we've been off -chart, trying to sort other stops. And as a stance, during the weekend, we analyzed the GDP-USD market. Although we didn't post it because of a time factor, we could have posted it on the community, but we didn't, we just sent it to our TikTok channel. Yeah, and this was the zone we analyzed on the 15-minute time frame. This was what happened on the 50-minute time frame. Yeah, on the 15-minute time frame, after this impulsive movements. Yeah, we have a pullback and upon that we had an impulsive movement. You can see this was on Thursday. Entraud on Friday, we just got this movement. But during the weekend, what we did, Yeah, during the weekend, we decided to check the chart. And on the 15-minute time frame, we highlighted this area as our demand zone. And you can see this FVG at the top here. This is a fair value gap with the mindset that price is going to drive down to this FVG. and push up, or it will drive down to this demand zone here, I see this is a 15-minute time frame, price will drive to this demand zone and move up. Yeah, you can see, upon the Monday market open, we saw this gap, which led Price to push down to our FVG. This was where we entered it, we just placed a pending order, and our stop-plus, our pending order was at... 1.3532. That was where we placed our pending order, and our stop loss was below the demand zone. Our stop loss was at 1.3062. That was where we placed our stop loss. And our target was a 1 ratio 3. Are you getting it? It's a 1 ratio 3. and our target was this level here. Let me just quickly highlight it. This was our target. Are you getting it? And our targets, we placed our stop loss, our take profit, right in 1.33707. That was where we placed our take profit. And you can see during the Monday price came and tapped in, went down, tapped in our other block, and we saw this... are you getting it? This was on Tuesday, this was yesterday. During the early hours of yesterday, we got this movement that gave us a little drawdown and the price pushed up, but we didn't take our profit here because our target, price hasn't got into our target and we still have the... believe that price is going to drive higher by getting it so at this point we left the charts the way it is and there's money you can see that around the 830 UTC plus zero yeah the trading view time our take profit got hit and we got off we got out of the market with our profits. Are you getting it? So this was what all happened. But during this time, while Price was busy forming these fees right here, we were like, what's going to happen? Is it going to hit our stop loss? Its price is going to push higher? But we just left it. We said, let the market do its thing. Are you getting it? Yeah, let the market do its thing. At the end of the day, we saw what happened there. We saw what happened there. So it's a really good day. Yeah, and we're really going to put this right in our journal for the day. And then we welcome on traders to the Marvel Traders Hub in the high blockchain. If you're watching this video from YouTube. feel free to click on a link in the bio and we take you to the Hive blockchain. If you want to create a Hive account, feel free to also DM us, show you how to get your Hive account and will teach you how to blog so that you can be able to be sharing your trading ideas and the Marvel Traders community. Thank you and thank you very much. Do have a blessed. witness thee, oh yeah, do have a blessed Wednesday, God bless you. God bless you.

Comments

@agent-cee: Signal Type: original post Authentic: authentic Importance: important Topic: Trading journal and review Tags: trading journal forex forextraders video threespeak quote — The trade stayed for almost two days before it got to of tp 🤣 lol... It wasn't funny at all, throughout Tuesday, the market was just busy playing up and down and finally at 08:30 UTC+0 price hit our Why it matters: On this video, you are going to see that step by step process for which the trade was executed and the time duration before hitting the take profit. Posted via First Context

@ijebest: Keep it up, you are doing very well 👍.

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