EURUSD Trading Journal Summary of Dec 16 Price action
EURUSD Trading Journal
Summary of Dec 16 Price action
Price opened in Asia in premium that creates a nest of equal ST equal highs. At 3 in London and by 4 breaks down to take the ST equal lows and swings down past the 50% from the previous days range and takes the noted FVG.
In NY Price swings back and forth between the .79 and 50 levels taking the equal lows and comes into the FVG to rebalance but just wicks through. By 10 rallies back up to .79 level by 1pm. To close NY in a premium.
Price swings at 4 and 10 are both 38pips. NEAT.
This pair experienced 3 red folder drivers so I decided to tape read. I am happy to analyze it seeking the ST equal lows/highs and rebalance the FVG and which macros price is reacting.
Summary of Dec 16 Price action
Price opened in Asia in premium that creates a nest of equal ST equal highs. At 3 in London and by 4 breaks down to take the ST equal lows and swings down past the 50% from the previous days range and takes the noted FVG.
In NY Price swings back and forth between the .79 and 50 levels taking the equal lows and comes into the FVG to rebalance but just wicks through. By 10 rallies back up to .79 level by 1pm. To close NY in a premium.
Price swings at 4 and 10 are both 38pips. NEAT.
This pair experienced 3 red folder drivers so I decided to tape read. I am happy to analyze it seeking the ST equal lows/highs and rebalance the FVG and which macros price is reacting.
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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.