Short

EURUSD Outlook 5/8

By akhena10fx

Updated

CPI week so things might get sheisty. Overall bearish bias on XXXUSD pairs, there are the areas I find interesting.

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Long on EU from the 2 and 1HR balanced range areas. SL below 2 week's ago open price.

Trade closed: stop reached

stopped out during asia session.

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considering

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bought EU.

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looking to add to the position. Price ended up retracing down to the original entry idea. Try not to chase price in the future.

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Position 2 tapped in. TP1 reduced to more conservative exit at 12AM open price.

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She's awake. But is she hungry?

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moving stop loss to the open of the 2nd position. I dont intend to hold this through CPI release. Looking for completion either this session or Asia/London. will close manually ahead of news tomorrow.

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2H FVG is a risk. Can send price back down.

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got wrecked by a new day opening gap.

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im short from the 12H FVG. SL on the other side of FVG.

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Stoploss moved to break even.

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if price continues higher this 15m FVG should hold. I am anticipating that it fails.

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taken out break even as 15M FVG holds.

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Giving it one last shot. done for the day if this fails.

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extending my TPs.

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added a position off the 15M FVG + Breaker

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both SLs moved to recent high.

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The way I trade is based on the assumption that most positions will be stopped out.

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taken out, looks like I was the liquidity this time.

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im long on EU. 10H BPR is the basis. looking for news to give me a ride.

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News might put in another low and take me out tho.

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taken out. Still think we go up. looking for re-entry.

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long again.

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EU has really not been friendly this week. all good back at it next week.

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Probably one of my more frustrating weeks where the outlook is accurate but i am unable to capitalize on it. Will spends some time reviewing my decision making this week and come back stronger next!

akhena10fx

Let the algo show you its hand.

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