This is not just a simple breakout — this is what happens when data, price action, and psychology align with surgical precision.
Today, we entered a long position on GBPAUD directly from a well-defined weekly demand zone. The setup was already technically solid, but what made it exceptional was the alignment of multiple institutional-grade factors:
✅ Weekly demand zone respected to the pip, with proven historical sensitivity
✅ Change of structure on the H1 chart, confirming a short-term reversal from a deeply discounted area
✅ COT data showing a clear build-up of commercial long positions on the British pound
✅ AUD net positioning deep in negative territory, with declining open interest and no signs of reversal
✅ Retail sentiment: 84% of traders short on GBPAUD according to MyFxBook → strong contrarian signal
✅ Seasonality: GBP tends to outperform AUD during May and June
The result? A rapid and aggressive bullish impulse that allowed us to move the stop loss to break-even just a few hours after entry.
📌 Current trade status:
➤ Long from the demand zone
➤ SL at BE = zero risk
➤ Monitoring price action above 2.07 for potential continuation
🎯 Mid-term target zone: 2.1150–2.1300, with focus on liquidity clusters and previous inefficiencies as potential magnets.
This is how you build trades that are not just reactive, but proactive — based on multiple layers of confluence and edge, not on emotions or noise.
Today, we entered a long position on GBPAUD directly from a well-defined weekly demand zone. The setup was already technically solid, but what made it exceptional was the alignment of multiple institutional-grade factors:
✅ Weekly demand zone respected to the pip, with proven historical sensitivity
✅ Change of structure on the H1 chart, confirming a short-term reversal from a deeply discounted area
✅ COT data showing a clear build-up of commercial long positions on the British pound
✅ AUD net positioning deep in negative territory, with declining open interest and no signs of reversal
✅ Retail sentiment: 84% of traders short on GBPAUD according to MyFxBook → strong contrarian signal
✅ Seasonality: GBP tends to outperform AUD during May and June
The result? A rapid and aggressive bullish impulse that allowed us to move the stop loss to break-even just a few hours after entry.
📌 Current trade status:
➤ Long from the demand zone
➤ SL at BE = zero risk
➤ Monitoring price action above 2.07 for potential continuation
🎯 Mid-term target zone: 2.1150–2.1300, with focus on liquidity clusters and previous inefficiencies as potential magnets.
This is how you build trades that are not just reactive, but proactive — based on multiple layers of confluence and edge, not on emotions or noise.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.