EURUSD Trade Executed
June 10
Parent range Premium
Previous session Premium
Suspected Sell off Asia/London
Asia Framework
*Price took equal lows liquidity in NY AM session
*Retraced in NY PM to a session premium
*Consolidated to close NY in a premium
Idea for June 10
*Asia opens to take minor buy side into a FVG- recognizing Asia hunts for minor liquidity before its expansion and with bias identified I am gaining confidence to be patient like today to wait for Price to align to my ideas
*Price bodies tap the CE of the FVG-tippings its hand it will roll over
*Because I was impatient yesterday I waited for 20:00 delivery to play out before reacting
*20:45 small consolidation/minor retracement
*21:05 swing high to CE of 20:35 candle and first presented FVG
*21:06 entry
*Targets speculated that Price was in a session premium with the anticipation to come down to the 50 level-1.14125 level and the FVG targets noted
*21:50 Exit trade second target hit-I actually set the target and got stopped out!
*Employed the Standard Deviation tool that aligned with the 1.14000 price I exited on-pretty cool!
Greed kept me closing the trade and being very happy even though my sentiment was price could reach for equal lows which it did.
For reference I use DXY to frame this trade speculating DXY would run to its buy stops and it did!
Great delivery. Great analysis. So happy with this Asia trade.
June 10
Parent range Premium
Previous session Premium
Suspected Sell off Asia/London
Asia Framework
*Price took equal lows liquidity in NY AM session
*Retraced in NY PM to a session premium
*Consolidated to close NY in a premium
Idea for June 10
*Asia opens to take minor buy side into a FVG- recognizing Asia hunts for minor liquidity before its expansion and with bias identified I am gaining confidence to be patient like today to wait for Price to align to my ideas
*Price bodies tap the CE of the FVG-tippings its hand it will roll over
*Because I was impatient yesterday I waited for 20:00 delivery to play out before reacting
*20:45 small consolidation/minor retracement
*21:05 swing high to CE of 20:35 candle and first presented FVG
*21:06 entry
*Targets speculated that Price was in a session premium with the anticipation to come down to the 50 level-1.14125 level and the FVG targets noted
*21:50 Exit trade second target hit-I actually set the target and got stopped out!
*Employed the Standard Deviation tool that aligned with the 1.14000 price I exited on-pretty cool!
Greed kept me closing the trade and being very happy even though my sentiment was price could reach for equal lows which it did.
For reference I use DXY to frame this trade speculating DXY would run to its buy stops and it did!
Great delivery. Great analysis. So happy with this Asia trade.
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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.