EURUSD
April 25
Trade Executed
Framework for the this trade
Previous session Price took buy side and was in a premium on the previous session. Price formed the ICT 2022 model.
*liquidity taken
*Price created a swing low
*Price came back up to create equal highs in the hourly FVG and didn't want to go higher.
*16:45 price creates a FVG
*Price breaks down
(Had price not been in the dealing range i would have entered a lot sooner however I wasnt sure if i can trade during that time, something for me to look into)
* my desired entry would have been 1.13817 after the swing low was taken and price was break of structure on that candle
*actual entry was 1.13722
*target was 1.13467
I have been back testing Asia when it presents these elements of this trade. Extremely happy about the delivery and very happy I finally trusted my analysis to execute!!!
Bread and butter trade. 25 pips 1 hour.
April 25
Trade Executed
Framework for the this trade
Previous session Price took buy side and was in a premium on the previous session. Price formed the ICT 2022 model.
*liquidity taken
*Price created a swing low
*Price came back up to create equal highs in the hourly FVG and didn't want to go higher.
*16:45 price creates a FVG
*Price breaks down
(Had price not been in the dealing range i would have entered a lot sooner however I wasnt sure if i can trade during that time, something for me to look into)
* my desired entry would have been 1.13817 after the swing low was taken and price was break of structure on that candle
*actual entry was 1.13722
*target was 1.13467
I have been back testing Asia when it presents these elements of this trade. Extremely happy about the delivery and very happy I finally trusted my analysis to execute!!!
Bread and butter trade. 25 pips 1 hour.
Note
I add that what I have been back testing is how when price is in a deep premium or discount in Asia with liquidity taken in the previous session clear targets of inefficiency and equal lows/highs price can run to those targets. This is also discussed as a measured move,I believe. I note this to my future self so that when my first target is achieved, I can make the choice to scale out 50% of my position and 50% leave some on. Note how price did actually clear both efficiencies and further noted equal lows.
One step at a time.
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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.