TRADE SUMMARY: NZDUSD stopping of the DEMAND ZONE + confluence with daily trendline was a good reason to buy the drop on limit even after the type of retracement that came.
TRADE SUMMARY: ex demand zone hit, with ignition of the fake range breakout on h1
TRADE SUMMARY: after a runner back into mid-range, gold looked tired (three cons up days with decent size and volume). The idea was that the pair needs a breathing time to get back at least 50back. I was looking for initial short on first range created.
TRADE SUMMARY: pair had a a beautiful ignition just at the area of previous demand. This presented an opportunity of confluence that could not be turned down.
Build a PlayBook of trades that make the most sense to you by archiving a favorite trade at the end of each trading session, so you can become your best trader. Trading plays which are not part of your playbook and you have not mastered them mentally and practically is amateurs approach. And there is …