hey guys
just thought i’d share my trade today. Took a London Open trade and went long at 13310 with a 20pip stop loss and risking 2% of my account.
reasons for entry:
major support level at 13320
nice judas swing down from 5am (gmt)
below central pivot (buy zone)
entered on small OTE on 5min chart
i also noticed that there was divergence between the cable and fiber on a 5min chart at arounf 8am GMT, the cable was failing to make a lower low but the fiber was.
after entry i was looking to take 50% off at 20pips, unfortunately my internet went down on my phone and i couldnt exit till a little later, by that time the price had gone up 36 pips from my entry at 13310. I got lucky this time and took 50% off at 36pips and moved stop to breakeven.
later in the day around 12:45pm GMT i got stopped out on remaining 50% of my trade. I made about 1.5% today so i’m happy with that
hope this helps others, and also open to any other opinions on the trade.
the one thing that worried me was that i was trading in the fair value zone on a weekly trinity, other than that i thought it was a good trade.
I will be preoccupied for a few weeks to comply with the Big Boys… and videos will be added as each are sponged of any and all Millionaire Guild or future “services” as they see it…
Glad to hear from you again ICT. I just found the thread last week, and all the guys and gals here are wonderful people. I think I have found the group to follow in this thread. I look forward to continue learning.
