$EURUSD - Now Bullish Until at least 1.18400
Updated
I know, anyone who sees my ideas on EURUSD knows that I keep going back and forth. But After I hit profit on all 4 of my shorts I noticed a bullish order block at 1.17345 that I didn't notice before. So I closed all my trades and bought there (Well 1.17364 is my actual entry) because I knew we had to get to the bearish order blocks above, where the big drop happened a few Sunday's ago (Sept 21st actually) . So it dipped and it will continue to do what it's been doing. Bullish and Bearish moves. The problem is that we haven't seen anything lower than that of the low 2 weeks ago at the end of the week on Sept 25, so it has yet to beak sell side market structure. So I've decided I'm turning on Bull Mode Until the Major order block before the major fall a few weeks back. Once we hit that order block, I'll turn back Bearish. It goes along with my 6 month plan I laid out, this time I', just a bit more specific.
Larger Picture.
While typing this I've fluctuated anywhere between 12 and 20 pips in profit.
Larger Picture.
While typing this I've fluctuated anywhere between 12 and 20 pips in profit.
Trade active
20+ pips and counting.Note
Taking 90% of my profits now at 1.1850. Moving my SL into profit but not by much. 1.17520. I also added another position during the london session at 1.17793There were 2 additional entries for scalps this morning but I didn't take them them considering I already had a great position on this trade. But here are the two scalps.
4:35 am CST U.S. was one.
Around 7 a.m. CST U.S.
The confluence of 100% fib extension of the first scalp and the 62% extension of the second scalp both confluence with my 62% extension to sell.
But I'm going to leave just a little fraction of the trade on because I believe we stilll have a chance at going higher.
Trade active
Correction* Taking profits at 1.18150. 78.6 pips on my first position, 44.7 for my sond position. That's a total of 123.3 pips
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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