EURUSD Asia Trade Executed
June 3
Last session delivery
*NY price takes London equal highs
*NY close price expands and goes into a small consolidation
*Dealing range is consolidation to expansion to buy stops
Coming Asia narrative to my trade set up
*Logic says that price will want to gravitate to the 50% and retracement level previous range and the noted equal lows.
*DXY gapped lower and took sell side, seemed very likely price would gravitate to its it equal highs.
19:00 price taps the buys stops
20:00 price tests again -exact reaction I was hunting
*I knew the buys stops would be sensitive and price would react revealing if my suspicions that price would retrace yesterdays delivery
Asia opens expanding down, I immediately entered testing my analysis that price would at the very least come to the first equal lows.
20:05 entry
23:45 price hit my take profit
*I was not confident to hold for longer anticipating that the second and third could be Londons target.
*I could have taken a partial and let it ride, with it being NFP I'm just not there yet.
*With a successful trade yesterday and coming into today my goal is clean set ups and not over trading.
Stoked about this trade. Stoked that my analysis price did in fact take the other 2 targets I was anticipating. Celebrate.
Learning one skill at a time. High probability trades. Focus on trusting with no fear. Next will be holding for the range I suspect with proper risk management of employing partials.
June 3
Last session delivery
*NY price takes London equal highs
*NY close price expands and goes into a small consolidation
*Dealing range is consolidation to expansion to buy stops
Coming Asia narrative to my trade set up
*Logic says that price will want to gravitate to the 50% and retracement level previous range and the noted equal lows.
*DXY gapped lower and took sell side, seemed very likely price would gravitate to its it equal highs.
19:00 price taps the buys stops
20:00 price tests again -exact reaction I was hunting
*I knew the buys stops would be sensitive and price would react revealing if my suspicions that price would retrace yesterdays delivery
Asia opens expanding down, I immediately entered testing my analysis that price would at the very least come to the first equal lows.
20:05 entry
23:45 price hit my take profit
*I was not confident to hold for longer anticipating that the second and third could be Londons target.
*I could have taken a partial and let it ride, with it being NFP I'm just not there yet.
*With a successful trade yesterday and coming into today my goal is clean set ups and not over trading.
Stoked about this trade. Stoked that my analysis price did in fact take the other 2 targets I was anticipating. Celebrate.
Learning one skill at a time. High probability trades. Focus on trusting with no fear. Next will be holding for the range I suspect with proper risk management of employing partials.
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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.
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.