Eventually Long GBPCHF 16 Jun'23
Broader risk control was not present as I tried multiple times to capture the move
Very reactionary mindset
Liquidity logic and read of the trap was not in-line with the HTF (some details on HTF bias was missed). This led to wrong assessment of margin of safety in the location parameter.
Eventually I had clarity and entered with full size to capture a smooth move
Very reactionary mindset
Liquidity logic and read of the trap was not in-line with the HTF (some details on HTF bias was missed). This led to wrong assessment of margin of safety in the location parameter.
Eventually I had clarity and entered with full size to capture a smooth move
Trade closed: target reached
Note
Broader swings tend to be 1 time session in length. Take note.Revisit
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