All breakdowns−1.0 R
GBPUSD · LONG · 17 Jul 2026Mechanical
Morning sweep, stop-loss — and a lesson
- Context
- D1 bias long, liquidity below the Asian range low and below PDL. The very first candle of the London session took the liquidity and the setup was on.
- Trigger
- Sweep, confirmation, retest — all by the rules. But a sweep right at 8:00 is often just the first leg of a deeper decline.
- Entry & management
- Long at the retest, stop 10 pips behind the extreme, 0.5% risk. No interference with the position.
- Result
- The market continued down into the stop. −1.0 R, plan followed — a loss by the rules is a cost, not a failure. The same day led to a tool improvement: a first-candle filter for the session.
- Post-mortem — the lesson
- A sweep by the very first candle of the London session is more often the start of a deeper expansion than its end. The loss played out by the rules, but it exposed a weak spot in the definition — the result is a first-candle-of-session filter in the MODEL-1 indicator. This is exactly the kind of lesson the journal exists for.