Is EURUSD going to reach its 50% OE target?(2)
We have entered EURUSD on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. As per pour previous post, after the Fed News, according to our OE tables, the more than 50% likely chance of the weekly potential low got fulfilled. Ahead of the Fed news, our stop was at the initial place according to the chart at 1.0761 according to our strategy rules. The Fed news bar did not stop us out, even though it went further up and then shot back down and formed a big outsider bar as in the image. As of yesterday our trail is at the high of the Fed News Outsider bar at 1.0739. We are still abit of distance away from target. We will stick to our plan with discipline and see how this trade plans out for the law of numbers to work. Do refer to our previous post images and links below.
EURUSD(Short)
E - 1.0642
ISL - 1.0761
T - 1.0542
TSL currently at 1.0739
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
tradingview.com/streams/CYoTRc9HCd
3.7 steps for strategy construction
tradingview.com/streams/uVszSV1Eyv
Reference weekly image:
EURUSD(Short)
E - 1.0642
ISL - 1.0761
T - 1.0542
TSL currently at 1.0739
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
tradingview.com/streams/CYoTRc9HCd
3.7 steps for strategy construction
tradingview.com/streams/uVszSV1Eyv
Reference weekly image:
Trader Starter Pack (5-day video course): masterthemarkets1.ontraport.com/tl/128
To book a 1-1 session with our trader coaches: masterthemarkets1.ontraport.com/tl/129
To find out more about Smart Money indicator: bit.ly/3OF5r5N
To book a 1-1 session with our trader coaches: masterthemarkets1.ontraport.com/tl/129
To find out more about Smart Money indicator: bit.ly/3OF5r5N
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