Letโs trade smart โ not reckless.
Whatโs up, Traders?
Yesterday was a wild day in the markets.
There were a few setups I liked, but the price action felt too risky.
And letโs be honest: weโre not gamblers โ weโre traders.
London Session Focus
GBPJPY
- Watching the Previous Asia Low โ a level that has already been tested multiple times
- 4H trend is bearish, so Iโll only be looking for sell setups
- A clean break and retest of this zone could offer an opportunity to short
EURJPY
- Still bullish on the 4H timeframe, but price is now reacting to a strong resistance zone
- Iโm not looking for buys here unless we break above this resistance and hold
- Until then, Iโm staying on the sidelines for this pair
GBPAUD
- 4H trend is bearish
- Key zone: Previous London Low
- However, this zone is still quite far from current price โ Iโm not expecting much here unless the market accelerates
GBPAUD
- Same scenario as GBPAUD but the zone is much closer
- Watching for a break below the current level followed by a retest
- This could offer a solid sell setup