Forex Trade Index
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14/05/2022
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14/05/2022
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13/05/2022
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13/05/2022
GBPJPY 2:61RR 376pips Swing Trade Case Study.
GJ broke structure on the LTF and that was one of the main confirmations I had for the longs and also there were a bunch of liquidity and imbalance above which gave me extra confluence. On the H1 TF, it broke structure to the downside creating a new LL and was due for a pullback (another reason for looking for longs). Entry was on the LTF after it filled up imbalance. Second entry was made as the trade progressed and pulled back to a demand level on the LTF. It hit initial tp but then the bullish momentum remained strong making me hold the trade even further and all positions were closed at 150.983 giving me 1:36RR 220pips from entry and 1:25RR 156pips from my second entry.
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