19 Sept 2022

13 Sept 2022 (Trade Example): GBPUSD

 GBPUSD short trade on 13/9/22 based on anticipate trade.

- On 1 hour chart GBPUSD was setup for a short trade based on anticipate trade. There was an important news release that day for USD which is CPI release. This trade classification was a grade A trade. All line up well from a better price for pullback, market opening hours, news release and it also strengthening with a divergence. Here is the chart.


- Here is CPI news release which is a shocking release and it support for the USD getting stronger.


- For entry there was 2 type on entry, one entry before news release somewhere inside the range/money spot. Second entry after news was release and it confirm the result of shocking release.