TRADING BLOG EP. 72 - LONG ON POUND FUTURES
If you didn’t know, I began my trading career in the forex markets. As I started to trade futures & using orderflow, I stopped because of the very thin liquidity. However, tonight I decided to give Pound futures a go – and I was able to bag a nice 15 pip trade. Nothing crazy, but a nice trade nontheless.
I got long as the market tested the previous London session value area. I saw buyers responding to this lower value, so I got long as they began to initiate higher prices. I took a partial as the market began to go imbalanced & found a bit of resistance. I am holding the rest just incase the market runs to my next target which is an unfinished auction.
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