Short GBPJPY 13 Jul'23

2023년 7월 13일

UK GDP release created the trap

HTF flow aligned and there was a clear liquidity target

HTF location-wise, it made sense for the move to begin now than at another nearby extreme a little bit further off because the UK GDP release marked a major news event trap trigger

On the LTF, I applied the learnings from previous trades and paid attention to the nature of rollover to wait for a pullback following the trap move

Planned the trade and executed with confidence

I have a plan for what kind of obstacles I can expect in the trade's journey to the target as well

2023년 7월 13일

매매 수동청산

Did not take money out at a fresh obstacle area; respect these points!

Had an impulse sell re-entry at higher risk

Bias changed to a buy which I recognized but missed the move for, waiting for a pullback; I had some guess that a pullback was unlikely to occur but I did not market execute, perhaps due to lower confidence