Long

EURUSD Outlook 11/20

Updated

Bullish bias on EU. We've possibly seen the low of the year... Possibly. Annotation on chart. Tracking liquidity. Buyside is more attractive. Price however always offers opportunities on both sides of the market on its way to its final destination.

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Looking for buys

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developing nicely

Trade active

Long on EU, going BE shortly

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Trade management approach

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SL at BE early. If this isnt it then I dont want to be involved with risk.

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Gave it more room. SL at the low.

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Back at BE

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Price moving favorably. 8am and 12am opens not exactly stacked but a small range, price will likely move away from this level as there is not much re-balancing to do. Hopefully to the upside.

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Some study for my concepts dealing with 8am and 12am open prices.

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SL moved to what I hope is the low of NY session.

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Demo trade idea

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SL to BE on demo trade idea.

Trade closed manually

Closed out manually. Dont like how its moving. IT may want want to put in another low.

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Considering.

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Made the wrong call to close trade. Price completed target of weekly open. all good.

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Still looking to catch buys.

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deleted order.

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No entry

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Some emotional bookeeping as EU takes off without me.

1. initial analysis was justified. HTF was in your favor. There was no reason yet to exit trade.
2. However movement was slow and price was ranging in profits. SL had to be close to BE.
3. Exited early, tried to force a short and justify further participation.
Ultimately disappointing. However initial analysis was correct.

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unable to participate, however price moved to anticipated targets.

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Was originally chasing buys today, but im in a short.
Logic:
1. last week filled a weekly FVG. more donwside can be expected on lower TFs
2. London failed to take asia, then BMS with strength, retraced then BMS again
3. NY session return to OTE and fill 30 min FVGs & tapped daily open
4. Failure to trade above daily open + BMS on 1min

Risks
Asia and london leave relative equal highs.

akhena10fx

Let the algo show you its hand.

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