EURUSD
May 15 Trade Executed
Trade Logic
Bias for Asia/London hunting for a buy day to equal highs/retracement of NY delivery
*sell side liquidity taken closing NY
*deep discount for ET
*small consolidation before reversing creating equal highs coming into Asia
*Asia expands to buy side up into FVG target and consolidates
*cross referenced heavily on DXY and GBP for confirmation on directional bias
NOTE:To be honest I traded the Asia expansion trade. I am back testing and instead of trusting my full idea I got scared out due to a consolidation cycle. I did not give up and came back for London to analyze my buy day idea.
Elements of Model 2022
*Fake swing at 1
*minor liquidity taken
*1:24 4 candle formation
*1:36 swing high candle
*1:45 candle lowers to a 20:24 first presented FVG candle
*1:54 energetic displacement to the up side/swing high broken
2:03 entered
2:57 exited with my TP being activated
It was a long day to get this trade. Analysis at 5 am and learning how my pre market brain is the clearest. If I can learn to trust and enter with no fear.
I suspected that the 2 Macro would be a fake run to stops when the liquidity was taken at 3 my mental capital was done. Key liquidity is a high probability trade set up, this is not greed speaking it me celebrating my morning analysis delivering. I am working on Asia to London trades.
Very happy very pleased with price action.
May 15 Trade Executed
Trade Logic
Bias for Asia/London hunting for a buy day to equal highs/retracement of NY delivery
*sell side liquidity taken closing NY
*deep discount for ET
*small consolidation before reversing creating equal highs coming into Asia
*Asia expands to buy side up into FVG target and consolidates
*cross referenced heavily on DXY and GBP for confirmation on directional bias
NOTE:To be honest I traded the Asia expansion trade. I am back testing and instead of trusting my full idea I got scared out due to a consolidation cycle. I did not give up and came back for London to analyze my buy day idea.
Elements of Model 2022
*Fake swing at 1
*minor liquidity taken
*1:24 4 candle formation
*1:36 swing high candle
*1:45 candle lowers to a 20:24 first presented FVG candle
*1:54 energetic displacement to the up side/swing high broken
2:03 entered
2:57 exited with my TP being activated
It was a long day to get this trade. Analysis at 5 am and learning how my pre market brain is the clearest. If I can learn to trust and enter with no fear.
I suspected that the 2 Macro would be a fake run to stops when the liquidity was taken at 3 my mental capital was done. Key liquidity is a high probability trade set up, this is not greed speaking it me celebrating my morning analysis delivering. I am working on Asia to London trades.
Very happy very pleased with price action.
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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.