Long

EURUSD Outlook 11/6

Updated

Bullish on EU, looking for august open prices as short term bullish target, potential short opportunity after last week high liquidity objective is satisfied.

Trade active

Short on EU, entered a bit prematurely, should've waited for NYSE open.

Note

Price is bounding around in drawdown which is not a great sign, however DXY seems to have hit 12hr FVG, and given a structural break (fractal) on the 15 min.

Trade active

Lunch time and still no movement, a lesson in patience today. Dont love that all that time now makes both the highs and lows potential liquidity targets. DXY still encouraging so I remain in the trade for now.

Note

Trade closed: stop reached

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Looking to short EU on more time if I can get the breakdown I want to confirm entry

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Sell stop placed in market.

Trade active

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Trade active, will hold until close, but if I dont get movement i'll close early. DXY look promising for now.

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Getting some movement, Plan to hold this one overnight. Target is the weekly open

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Here's what im looking for to move SL

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SL above recent high, this is either it or its not.

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Going BE, and closing chart, will post update tomorrow.

Trade active

Running in profit, TP1 moved a little higher to 2 standard deviations of asian range. Looking for NY session exit.

Trade closed: stop reached

Stop hit for small profit.

Trade active

Still looking for shorts.

Note

Sl moved just above BE

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I actually ended up keeping full initial risk on this one once the drop didn't happen immediately. SL is back at BE. TPs have been adjusted more conservatively.

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Took some off the table, to de-risk so I can enter other trades.

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I have struggled this week with being partially correct and not exiting with profits to show it. Need to work on taking partials more conservatively. At least to cover initial risk of trade.

You are likely to be wrong more than you are right, and partially right more than you are completely right. Your risk management strategy should be in line with this reality until you start being right more than you are wrong or completely right more than you are partially right.

Note

Took more off, cant shake the idea NY wants a pull back.

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lol, thats why we take partials.

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Hope to get back in here, otherwise the market successfully kicked me out

Trade active

Note

SL above recent high, not really willing to entertain higher prices.

Trade active

Moving well, may go BE early.

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BE. will update at TPs or SL.

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Lol holy schitt. zero room for error on this one, barely survived london session, pips away from SL, TP1 and TP2 hit, TP3 no chance. closed 80% before price reversed.

Note

Short on EU, tight SL

Trade closed: stop reached

Stopped out, on the sidelines.

Trade active

I got one more in me

Trade active

SL to BE early, too late in the trading day to give anything back. Que sera sera.

Trade closed: stop reached

Note

Still looking for shorts

Trade closed: stop reached

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Last attempt, sell stop.

Trade closed: stop reached

Luckily was able to make back losses on US500. Frustrating to be right in analysis. Probably should exclusively trade bias and not take counter bias trades.

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END OF WEEK RECAP

akhena10fx

Let the algo show you its hand.

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