EURUSD
April 28
Trade Executed London 2 Macro
Asia expanded to create minor equal highs at the .70level and lowered not taking the equal lows I was suspecting Price would take in Asia. Price rallied to minor equal highs, to create a wall of equal highs at 1.13809.
1:30 price starts to break down.
Trade logic
In Asia GU took its equal lows and DXY just barely took its equal highs. With EU not taking its equal highs at 1:30 I started to hunt anticipating a short.
while my model is liquidity taken the other pairs were tipping there hand a short was in play.
I was watching how price was reacting in inefficiencies highlighted in yellow. Leaving it not rebalanced and Price unwillingness to rebalance the buy side FVG also led me to think a short was in play.
1:36 lowers creates a FVG
1:48 comes up to test first presented FVG
I admittedly stalled here until had more info
DXY candles gave me confidence that it would run its equal highs, so I could short
2:00 entry on the .79 level
3:00 exit on first target of equal lows
First 10 lot trade which is 1%. WOW.
I feel very good about this trade. With the combined study of GBP and DXY it gave me confidence to press the button. Rinse study and repeat!
April 28
Trade Executed London 2 Macro
Asia expanded to create minor equal highs at the .70level and lowered not taking the equal lows I was suspecting Price would take in Asia. Price rallied to minor equal highs, to create a wall of equal highs at 1.13809.
1:30 price starts to break down.
Trade logic
In Asia GU took its equal lows and DXY just barely took its equal highs. With EU not taking its equal highs at 1:30 I started to hunt anticipating a short.
while my model is liquidity taken the other pairs were tipping there hand a short was in play.
I was watching how price was reacting in inefficiencies highlighted in yellow. Leaving it not rebalanced and Price unwillingness to rebalance the buy side FVG also led me to think a short was in play.
1:36 lowers creates a FVG
1:48 comes up to test first presented FVG
I admittedly stalled here until had more info
DXY candles gave me confidence that it would run its equal highs, so I could short
2:00 entry on the .79 level
3:00 exit on first target of equal lows
First 10 lot trade which is 1%. WOW.
I feel very good about this trade. With the combined study of GBP and DXY it gave me confidence to press the button. Rinse study and repeat!
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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.