Idea to short in the NY session. Longs are trapped in the market. D3 expecting a large drop.
Liquidity sweep, expecting push up from here. Monitoring this for personal growth.
Strategy i use. Haven't posted in a while so here is an update. Will take first TP at 3R Then let the rest run.
Let's see what we can do . OIL Looking really good and as we know it correlates.
Another opputinity i see. If trade still running 5 hours from now keep an eye on the news coming out.
TP1 & TP2 Level following trend monitoring candle stick analysis.
Long term this is what i'm looking at. Real tight Sl Not a trade i usually take but a oppurtunity i see. For a high R/R
Self analysis for volume #5 * This is not a signal. This is something so i can come back and review the things i am working on.
Self analysis for volume #3 * This is not a signal. This is something so i can come back and review the things i am working on.
Self analysis for volume #4 * This is not a signal. This is something so i can come back and review the things i am working on.
Self analysis for volume #2 * This is not a signal. This is something so i can come back and review the things i am working on.
Volume one analysis. * This is not a trade i am in. This is all purely based so i can come back and review things i am working on.
Trade i'll be monitoring very closely. If this trade goes bad i won't be keeping it running to hit my Sl i'll be pulling the trade up fast for a small loss. TP is the ideal level but may have to pull out earlier depending on market situation. Fundamentals are against this trade hence i'll be watching very closely. Reason for taking this trade; Volume to the up...
Fundamental perspective as well as technical analysis. prnt.sc Real weak economy from AUD. As well as JPY Corona virus news etc . . . Will keep this updated as i'm holding this for a short as i'm expecting this to make a new lower low.
Trade i'll be monitoring and updating with. Coming into London session pairs fundamentally strong/weak.