LParnell

LParnell

GBPUSD Trade Idea NY Killzone This hurts because I saw it form and had to dash to run errands. Pura Vita! I suspected that price would decline and seek the equilibrium to take out sell stops before potentially swinging up in NY Killzone to my anticipated sentiment of then taking the buy stops. London created the low by 8am. Just as the NY killzone was...

LParnell

GBPUSD 4 hour Trade Journal Analysis Celebrate! Price delivered to the equilibrium as I suspected and to my noted IFVG and to the equal lows and bouncing off a order block before rallying to buy stops coming short of the .618 level. Price is in a premium market. I suspect that it could rally to the clean equal highs. 1.27012. That said the parent bias is...

LParnell

GBPUSD Trade Idea I actually took the trade and did not trust my analysts. Trust my gut is huge. I was right I have trouble believing. So Price delivered to my noted low in london. Celebrate. Contrary to the market presenting as bearish I anticipated that Price would rally to the buy stops I thought it would. I pulled out due to not trust and thinking Wednesday...

LParnell

GBPUSD 1 hour Trade Journal Analysis Price started this week in a premium hourly range. Price is weaving in the 4 FVG and today taking out the sell stops from Sunday. I suspect that it could rally to the noted clean equal lows at range 1.26486 seeking the equilibrium range and possibly reach for the noted 1 hour FVG creating the London low.

LParnell

GBPUSD 4 hour Trading Journal Price delivery has been intense with all the RED FOLDER NEWS. I have been following however just taking the week off to sit on the side lines. That said I suspect that price will rally to the equilibrium range of 1.26438 and repricing the 1 hourly IFVG. With RED FOLDER NEWS affecting the week its likely that it may just declined...

LParnell

GBPUSD 4 hour Trading Journal I was pleased to witness price rally to my noted 4FVG at range of 1.26680. However it missed only reaching to 1.26544 making the London high taking out last weeks by stops. I anticipate price will come up into the weekly SIBI and my noted FVG gaps this week 1.26730 the mean threshold of the weekly SIBI. In London I suspect it...

LParnell

GBPUSD 4 hour Trading Journal I anticipated that price would take the buy stops and reach for the 4 IFVG and equilibrium at range 1.26447 for the weeks finish. Price is reaching for it now in Asia. I would like to see price rally to the noted 4FVG at ranges1.26680 top end and potentially the higher 4 FVG 1.27000. This currency is delivering to a premium so I...

LParnell

GBPUSD 4 hour Trading Journal Price delivered a low in London to my noted 4 FVG at range 1.26113 and smashed through it to the lower noted 4 FVG, right to the order block low within two pips. Beautiful delivery. I anticipate that we could see price take the buy stops and reach for the 4 IFVG and equilibrium at range 1.26447 for the weeks finish. The weeks...

LParnell

GBPUSD 4 hour Trading Journal I am pleased that my levels were hit today at ranges of 1.26130 at a noted FVG and went to and through to an order block at range I noted of 1.26289. Price delivered higher creating the high at 1.26418. My fib was wrong so of course my analysis was off. A consolidation day and expected after the last couple days of a lot of...

LParnell

GBPUSD Hourly Trading Journal I suspected that price would delivered to the equilibrium 1.25737 and IFVG. I missed a morning trade by second guessing myself to paper trade, and I celebrate seeing the set up form. It's likely that price could deliver to the IFVG at range 1.26130 and possibly to an order block at range 1.26289 before coming down to the...

LParnell

GBPUSD Hourly Trading Journal Friday Price delivered to my anticipated 1.26251 range inside the IFVG. I suspect it would be heavy to the down side desiring to seek a lower range of 1.26051 and it fell short. Right candle wrong number. It is impressive though that I saw the key level at the sell side at a bullish order block of 1.26139. So I can celebrate because...

LParnell

GBPUSD Hourly Trading Journal Price delivery range yesterday took out the weekly buy stops and sell stops, finishing in a prermuim for the hourly range. I anticipate that price will seek the equilibrium delivering to the 15M FVG at 1.26812. I would like it the finish off the hourly FVG at range 1.26251. With the red folder news it could come to the order block...

LParnell

GBPUSD Hourly Trading Journal Price opened in the hourly discount range. Price delivered to a hourly FVG to the sell side in London creating the low of the day, stopping at the mean threshold of the FVG before the 7 am red folder news. I anticipated that price would deliver to the buy side seeking to take out the 15M FVG noted at range of 1.27080 and suspected...

LParnell

GBPUSD Hourly Trading Journal Price was heavy declining in London open to the noted FVG. In NY price smashed through the FVG taking out sell stops from last Thursday just shy of Wednesday's sell stops and piercing the noted FVG. At 10am price reversed to rally finishing above the equilibrium daily range. I suspect that the red folder news the next few days...

LParnell

GBPUSD Trading Journal Price has been in a holding pattern. Weaving in between a tight range since dec 28 Compare to DXY which price almost delivered to the equilibrium today. The Euro is also very close to reaching its equilibrium as well. GBP is taking its time delivering to the equilibrium however. It makes me wonder why this currency is in this holding...

LParnell

GBPUSD Hourly Trading Journal Price had to my opinion a lack lustre week weaving in between an increasingly tight range. Is this a larger consolidation pattern? I am happy that I daily charted and followed it day and night. Made some aggressive predictions that were wrong and thankful for the teaching it gave me. That said price ended the week just shy for the...

LParnell

GBP USD Hourly Trading Journal Price opened on a down closed candle. London met my equilibrium target however I missed a FVG that price delivered to before accelerating to the below the midnight open for its finish in NY. This week price has been weaving in between a very tight range hovering around the NWOG created Jan 2. It has now broken the noted buy stops...

LParnell

GBP USD 15M Trading Journal I WAS WRONG! You learn more when you fail than when you are right sometimes. Hence why I feel I want to capitalize on what I learned. #1 Don't make specific speculations the night before a RED FOLDER news. #2 People who follow me may get tangled in my mistakes. #3 In hindsight yesterdays cycle could have been viewed as accumulation to...