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GBPUSD trade

Hello traders
I want to share my trade and what is behind it.
GBPUSD is at multiyear highs so Im expecting sharp move to downside. I waited until small Balance area is formed(blue rectangle) and trading edges of that small BA.
From bigger picture Im expecting creating of bigger Balance Area with lower extreme at brown rectangle which is my target.
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GBP_CHF trade

Hello traders
I showing my short trade of gbp_chf based on auction market theory and good trade location. You can achieve good RRR with this kind of trading.
Every trade is based on trade location not on direction. You can flip a coin to go long or short with positive expectancy.
My trade is based on test of HVN of multimonth balance area. Market spiked into HVN and new balance area was formed for 6 days. Break of that 6days balance area was my entry.
Entry is marked on hourly chart. You dont be…
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Trading breakouts(initiative moves)

Trading breakouts or initiative moves from auction market perspective is all about trade location.
Why trade location?
Because if I trading breakouts , I expecting sharp move with potential from bigger picture.
On picture you can see my trade from small balance area right at extreme of multidays balance area and all that right at extreme of multimonths balance area.
I can now use small balance as my risk and bigger for target.
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