EURUSD Trading Journal March 5 EURUSD Trading Journal March 5
Previous day Price takes key buy stops
Asia
Price in a Premium takes sell side liquidity to a discount and reverses.
Price expands creating session equal highs and lower to the .70 level
22:00 macro takes liquidity reversing in the FVG from previous session
1 macro retraces in a fake out to the 50 level of the 12 candle, tipping its hand to want to expand higher
London
1:48 candle entry
2 macro comes to the body of 0:54 candle and expands
Note the candles wicks as they too tell the retracement to trust that Price is seeking higher Prices.
5 macro starts the retraces
6 to 7 consolidation hanging around the 50 level collecting orders
NY
7 macro bounces of the 50 level of the London sessions
745 price retraces
8 macro price reverses with a draw in a bullish bias to seek higher prices.
10 retraces to 50 level of FVG and goes into whip saw into consolidation.