π¬π§ Pro FX Trader since 2008
Algorithm & Liquidity Hunter
GBPUSD setups & Macro Insights (Info only, not Trade advice)
Less TA, More of Banking the pips π·
#GBPUSD Trading Game plan Aug 24 - The Thread
- Based on the Friday, August 21 closing data,
- Front-month CME British Pound Futures contract (6B) settled at 1.3648
- GBP/USD implied volatility closed at 5.73%,
- Aug 24 Expected Trading Range: 1.3599 - 1.3697
- Hard boundaries for Intraday mean-reversion strategies: 1.3549 - 1.3747
Pre-London - Volume is shallow. No conviction and commitment.
$GBPUSD: Aug 24 - 28 Trading Band.
Stronger-than-expected UK macro data and higher domestic yields have kept Sterling elevated.
The primary expected 1-week channel sits between 1.3546 and 1.3736.
1.3831 key level would require #BOE or another strong positive macroeconomic surprises from the #UK. #DayTrader.
@ze_rryy D for me @ze_rryy. The better you get at risk, the more of your wins you actually keep.
Risk mgt isn't just "cut your losses." It's staying inside your limits β every time:
β’ Time limit
β’ Max drawdown %
β’ Exposure per trade
β’ Win-rate probability threshold