DXY bias is bullish so i am expecting weakness in EU.
NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish.
HTF Bearish objective is sellside liquidity around 1.06271, which is 1 standard deviation of all the trading above the February open price mirrored to the downside.
All other relevant POIs are annotated on the chart.
NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish.
HTF Bearish objective is sellside liquidity around 1.06271, which is 1 standard deviation of all the trading above the February open price mirrored to the downside.
All other relevant POIs are annotated on the chart.
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im short on EU with the expectation that the current 12H candle will not close above the most recent 12H bearish orderblock.
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going break even
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the 12H is turning into a rejection candle below the OB as anticipated. this is encouraging. 4 hours or so till it closes.
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dont love this development. holding till taken out at break even
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giving it room.
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TP1 hit on EU. holding for TP2.
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closed the rest manually here. something else seems to be developing
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im switching long on EU.
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market might have got the best of me today.
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done with currencies for the week as stated but this is a forward test position.
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would be tapped in here if I was entering live.
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would have been stopped out.
done demo trading NFP
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Lol you raggedy *****
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My interpretation of EURUSD's NFP liquidity inducement and capture.
Let the algo show you its hand.