EURUSD Trading Journal Feb 4 Bull trade Analysis
EURUSD Trading Journal
Feb 4 Bull trade Analysis
Price is in a discount on the daily, weekly and monthly.
Note the double discount in previous range and coming into London, tipping its hand that Price would bull run.
I like the confidence I am building when I see sell side liquidity taken, and in a discount trusting that price will come to the 50 and potentially reach for higher. Take partials to build confidence
Price took out sell side liquidity yesterday also an confidence builder that price would take buy side.
Parent bias is still bearish, however when all factors like
-double discount
-sell side has been taken
-DXY was bearish for the day
-time in 2 am macro
-MOG lined up for perfect entry at 2
-.70 level for entry golden entry point
-clear target of 2 sets of equal highs
-FVG gap entry
-price bounced off a FVG at the CE
-I think this is a classic turtle soup
-run on stops before a ND in NY
-overall price was in Mondays range efficiency and a magnet to rebalance.
ONLY PRICE DIDN'T DO WAS TAKE THE EQUAL LOWS
its not perfect and yet delivered to your targets
Asia opens on the session 50 level and lowers to create equal lows but does not take it. Hits the CE of 15 FVG and turns around.
Both previous session and intraday session are in a discount. looking for bull runs today stay nimble and know your parent bias is bear.
Remember today to trust yourself analysis, trust the the chart gives you, only trade in macro times, follow the rules.
Feb 4 Bull trade Analysis
Price is in a discount on the daily, weekly and monthly.
Note the double discount in previous range and coming into London, tipping its hand that Price would bull run.
I like the confidence I am building when I see sell side liquidity taken, and in a discount trusting that price will come to the 50 and potentially reach for higher. Take partials to build confidence
Price took out sell side liquidity yesterday also an confidence builder that price would take buy side.
Parent bias is still bearish, however when all factors like
-double discount
-sell side has been taken
-DXY was bearish for the day
-time in 2 am macro
-MOG lined up for perfect entry at 2
-.70 level for entry golden entry point
-clear target of 2 sets of equal highs
-FVG gap entry
-price bounced off a FVG at the CE
-I think this is a classic turtle soup
-run on stops before a ND in NY
-overall price was in Mondays range efficiency and a magnet to rebalance.
ONLY PRICE DIDN'T DO WAS TAKE THE EQUAL LOWS
its not perfect and yet delivered to your targets
Asia opens on the session 50 level and lowers to create equal lows but does not take it. Hits the CE of 15 FVG and turns around.
Both previous session and intraday session are in a discount. looking for bull runs today stay nimble and know your parent bias is bear.
Remember today to trust yourself analysis, trust the the chart gives you, only trade in macro times, follow the rules.
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.
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.