Long

Updated

EURUSD Outlook 3/19

Bearish on EU, I want a stronger low to be put in before I am convinced of sustained bullish price. Here are the levels I find interesting at the moment. This is in line with my bullish DXY outlook.

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short on EU, need to see something encouraging soon.

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seems to be developing, but still at risk. will move SL to BE at a new low formation.

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Going to ask less of price on a monday and close out just below 12AM open price if it gets there. SL just above BE as there is a new low formation

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moved SL back to the daily high, original risk.

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dont love the 5min balanced range, price will need to violate it decisively.

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thats more encouraging.

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SL moved to break even.

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Lol SL back at the daily high, no more messing with it. Price is pretty indecisive today.

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slowly losing confidence in this trade tho, the high may be violated before sellside is targetted.

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had written this one off mentally tbh but might still play.

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DXY has made 2 lower lows, while EU has failed to make any higher highs, this leads me to think EU is weak relative to the dollar, I will be holding interday, however the risk of tomorrow making a new high and stopping out the position is there.

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Lol what a grind.

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taken out during london, probably should just have exited once it didnt develop. still looking for shorts.

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I dont like taking positions as soon as NY opens, but I like the price.

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hate taking trades off the 1M, i prefer the 5, but this is what im tracking, as its a volume imbalance, price may not give a nice 5M entry.

Trade closed: stop reached

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first trade was premature. Giving it one last go for today.

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great reaction off the 5M Balanced range. SL moved to break even.

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small position added at the breaker.

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going break even on added position.

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added position stopped out break even. Tight margins, NY session hasn't given much this week. probably wont trade tomorrow ahead of FOMC.

Trade closed manually

Closed out small profit. dont think it will deliver.

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short on EU. looking for FOMC to return price to the yearly open

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1HR FVG sends price up for a reduced risk loss. Sidelined till after FOMC.

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need to work better at sitting on my hands

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will consider a short if news plays out like this.

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taking a risk entry short here based on the higher timeframe

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Will hold interday if today closes below the balanced range (white box)

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reducing risk.

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risk entry was the right call as there was no typical entry schematic near the high.

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developing favorably.

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it does look like the daily will close below the balanced range so i will be holding interday and expecting lower prices.

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stopped out break even, id be lying if i said EU hasnt been frustrating this week.

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in a buy.

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need price to not show a willingness to trade below the 12AM open. dont want a weak choppy move here.

akhena10fx

Let the algo show you its hand.

Also on:

Related publications

DXY Outlook 3/19

by akhena10fx

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akhena10fx

Let the algo show you its hand.

Also on:

Related publications

DXY Outlook 3/19

by akhena10fx