Bella's GBPUSD Trading Journal

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate : 1.35076

Cable is very near my Resistance area 1.35459 , 30.12.2021 High till now is 1.35213 , just under 30 Pips range , i think for me it is pretty close a test of resistance which is expected to hold . I am going to take a Short at this level with an Open Target .

Strategy/Entry Level
Short Cable at 1.35072
Stop-Loss : 1.35485
Objective : Open
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate : 1.35318

I am going to consider the said resistance is still intact during Friday's play 1.35459 and looking to short cable on this range.

Strategy/Entry Level
Short Cable at 1.35284
Stop-Loss : 1.35557
Objective : Open ( initially looking to take out support at 1.34086 )
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate: 1.35056

I am +22 Pips in Profit at this point. Since the trade is taken using Time <> Price Element . Today is 03.01.2022 and i will check back on the trade on 05.01.2022
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate : 1.34584

I am +70 Pips as i write this , glad to see a fall today as anticipated . As my Time Target is 05.01.2022 , 18:10 PM , i expect more decline to come by tomorrow's end into 05.01.2022
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate: 1.34652

i am +64 Pips as i write this , waiting for Yesterday's Low to be taken 1.34302 to continue decline.

Resistance : 1.34848 , 1.35253
Support : 1.34270 , 1.33664 .

I also like to see Daily Close below S1 ( Floor Traders Pivots ) 1.34270 .

We are into a new day 04.01.2021 , still have greater than 24 hours to wait for a decision making to update trade status .
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate : 1.35295

I have decided to take one more short in this range ( this is going to be last one ).

Strategy/Entry Level
Short Cable at 1.35264
Stop-Loss at 1.35684
Objective : Open
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate : 1.35354

I am going to adjust the T/P at this point which will be in Time Units

Objective Moved to : 07.01.2022 17:27
 

Bella.a

Trader
Oct 10, 2021
157
0
22
Current Rate: 1.35668

Sl is hit -42 Pips

At this point i will give some time off from trading and be back on a later date.