EURUSD Trading Journal

47
EURUSD Trading Journal
Feb 5

Prices wild action on Sunday was rebalanced on Monday and yesterdays delivery seeking the inefficiencies, and equal highs.

I really liked how I suggested that price would seek the 50 level yesterday, great delivery and note how reactive price was on the 50 during NY springing off it to launch, indication that seasonal shift here with price coming back up to the 50 on HTF and could be tipping its hand that we are bullish? Need more info before I can commit to that notion.

Price is in a discount on the W, however the daily range and previous range is in a premium. There is a key buys stops that if they are hit and price declines we could see price seek lower prices to balance FVG and the 50 level and that will be telling what reaction we get at that level-1.03223

London could sideways in a consolidation pattern until the fireworks in NY.

That said its non farm payroll this week starting today, next couple days to watch and not be foolish. If my model does line up with key liquidity and a clear target perhaps I will trade.

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