EURUSD Intraday Long Setup M15
Updated
EURUSD Long based on M15 timeframe.
This is a long setup for EURUSD currency pair in a bullish higher timeframe market condition (H1,H4,D1). After the liquidity created in Asia Session the price started to push to the downside and manipulation started in London Session. This manipulation confirmed an M15 orderblock which has been created last week friday and confirmed it (mitigated the ordereblock). Asia Session created liquidity, so with this trade, I am targeting the Asia mid & Asia High prices. We will see, what is going to happen, but after reaching 1% of floating profit, i always put SL to entry point making the trade absolutely risk free (or take some partial profits for instance 20% from the position size).
I am also waiting, what will happen in NewYork Session, where I expect a short direction on lower timeframe. (After the manipulation, coming the distribution)
This is a long setup for EURUSD currency pair in a bullish higher timeframe market condition (H1,H4,D1). After the liquidity created in Asia Session the price started to push to the downside and manipulation started in London Session. This manipulation confirmed an M15 orderblock which has been created last week friday and confirmed it (mitigated the ordereblock). Asia Session created liquidity, so with this trade, I am targeting the Asia mid & Asia High prices. We will see, what is going to happen, but after reaching 1% of floating profit, i always put SL to entry point making the trade absolutely risk free (or take some partial profits for instance 20% from the position size).
I am also waiting, what will happen in NewYork Session, where I expect a short direction on lower timeframe. (After the manipulation, coming the distribution)
Trade closed: target reached
TP1 HIT - Asia lowTrade active
A second position in buy direction from fvg, previous trade still running with half size of original position after closing some profit at TP1Second trade chart in time:
Trade closed: target reached
Final targets Reached!! Closed fully!Previous Day Asia Mid was my target, but expected the price to go until Asia High to take out the full liquidity and that happened today. This zone was also an orderblock on M15 sell side.
The price moved slowly yesterday because of bank holiday in the USA. Martin Luther King Jr. Day.
The price successfully respected the M15 OB today and that would be a possible place to take a sell position with huge RR but i was not at home and missed it.
Chart for today with the positions:
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