Long

EURUSD Outlook 12/11

Aktualisiert

Took a break last week back at the charts, I think EU still wants buyside at the HTF, looking to get involved at prices below the weekly open and aim for new highs.

Anmerkung

Demo trading for the remainder of the year. Short on EU.

Anmerkung

Anmerkung

might get stopped out here, still looking for shorts today

Anmerkung

Took a second short, stopped out BE

Anmerkung

search and destroy pattern. market is clearing out liq.

Anmerkung

Frustrating, but such is the game we love.

Anmerkung

As this was demo anyway, there was no risk or profit at stake. continuing to manage trade as if it were live and did not get stopped out. TP 1 hit, SL moved to WO.

Anmerkung

would have been out fully.

Anmerkung

back in shorts.

Anmerkung

extended TP. price moving.

Anmerkung

SL to BE

Anmerkung

took TP 1 off early. 50% instead of usual 80.

Anmerkung

rest exited at BE after reversal

Anmerkung

Price moved to HTF FVG as anticipated. was not able to participate. I think there is a possibility for a big reversal tho.

Anmerkung

looking to get in short (Demo)

Trade ist aktiv

tapped in

Trade geschlossen: Stop wurde erreicht

Anmerkung

Looking to short (Demo)

Anmerkung

Took a short here

Anmerkung

SL'd a bit frustrating, but this is why i am trading demo during december.

Anmerkung

taking an asian session short (demo)

Anmerkung

Moving well. SL BE

Anmerkung

NY had other plans after taking sellside.

Anmerkung

Interesting divergence between GU and EU. Had i taken the same trade on GU it would have played. Might switch to cable as my primary and EU for confluence when I resume live next year.

I dont trade news but perhaps the difference here is fundamental at affected GBP more relative to the euro.

Anmerkung

Short on EU.

Anmerkung

SL to recent high. (This is a Demo trade)

Anmerkung

added another position (demo)

Anmerkung

BE on second position

Anmerkung

Both moving, may TP more conservatively, or at least take initial risk off. havent decided.

Anmerkung

All SL's moved to the daily open.

Anmerkung

Lets see how price reacts to this 15min FVG

Anmerkung

price appears to be reacting favorably and continuing to chase sellside after rebalancing 15min FVG

Anmerkung

Didnt get the king of expansion I was hoping for. That's alright. moving tp to sellside liquidity. or will close at market price by 4pm EST.

Anmerkung

SL moved way into profit, will TP manually if not hit by 4:30ish EST.

Trade geschlossen: Ziel wurde erreicht

TP 1 hit, remainder closed manually just shy of TP as it is 4:30PM which represents the end of my trading week.

Anmerkung

WEEKLY RECAP

Price expressed bullish as anticipated. did not participate in buys. the more attractive executions were to the sell side during NY. Took some early sells that were stopped out.

Lessons Learned:
Wait for news and see where price is at during the news, we are interested in expansion, which is almost always done by news, look to see what the market is offering around news release.

Dont always take first high/low, market may want to take the early liq that rests below/above. I.e. session liquidity. The current session takes past liquidity, and then within that session, liquidity can be taken again on a smaller timeframe.

akhena10fx

Let the algo show you its hand.

Auch am:

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.