Long

EURUSD Outlook 5/13

Updated

EURUSD traded into an orderblock from 2016. We have been in freefall but I am expecting price to move away form this zone to at least test 4hr structure and fill some imbalances above.

This is in confluence with DXY perspective and expected dollar weakness. A new low would invalidate this idea. Will be monitoring price early in the week to see how it reacts when it trades into 5 min demand.

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Took a quick short targeting asia low for a 1:5 RR

Trade active

Stop loss moved

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secondary position added to trade

Trade active

Stop moved to profit

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Taking first profits as price approaches the imbalance, just over 1:3. Remainder to run to asia low.

Trade active

Added to position

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Update

Trade closed manually

Trade closed. for a total R:R from initial 1% risk of 1:9.

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Posting final screenshot before deleting from chart

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15min and 1hr trade perspective.

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Trade idea

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Trade active

Trade closed: stop reached

Trade active

Trade entered after NY took liquidity form LDN and AZN and formed 1 min doji.

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TP1 hit with 85% of orders taken off table. Remainder to continue to HTF demand

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Big reaction from my take profit area, looks like price may continue to final TP, however this was a great 1st TP area.

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Trade closed. 1:6.3 RR. Realized RR after partial TPs 1:5.28.

Trade closed: target reached

Trade closed. Multi-timeframe snapshots.

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Trade idea

Trade active

Trade closed: stop reached

Trade active

Last entry was liquidity, Trying again

Trade active

Choppy ass mitigation, likely entered too early. But it appears like it will hold.

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JFC finally.

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Original entry was premature. The goal is not to be early, but to be the first late person. This is how you should have entered.

Trade active

SL to BE

akhena10fx

Let the algo show you its hand.

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