Practicing my NYO with this short. A nice retracement into the OTE zone, cleaning out some short term stops.
This is the 1Min zoomed in version of the EU short, so you can really fine tune your entry when you're sitting behind a computer. We can see a classic LO sell entry where asian range stops were run, next we head back to a resistance zone. This resistance is the OTE from the range. We can see a 1Min bearish order block, with some nice short term asian range...
I'm shorting EU during LO. Divergence was seen between EU and GU (made higher highs). We made a judas swing up after 00:00EST during LO into a 5min bearish order block, taking out a previous short term swing high. DXY is at the 92.00 institutional level with some clean highs around the 92.20 level. (Partial) Take profit around 06:00-07:00 EST, might let...
Shorting GBPUSD during NYO to practice my NYO skills. There was a Judas swing up after 06:00 EST, we had a short term swing high which was violated (stop run) and went straight into the 15 Min bearish order block. Profit target are the suspicious lows or 10-11EST take profit zone
Let the chart speak ;) Judas swing out after 5GMT, break in Market structure, retracement into a OTE zone and a resistance line, divergence between EU and GU, nested OTE into a bearish order block, in line with the EURGBP trend, ... Classic LO sell model, clean some asian range stops, retrace, ote, ote, ... Sell @ 1.1805
Shorting EURGBP in LO if we have a judas swing up into the 5Min mitigation order block. Stops were run during LC yesterday, market structure broke to favour shorts, expecting to complete a Market maker sell model
Still have confidence in this setup but they cleared some stops first. re-enter with half the risk
GU hit the 15Min bullish order block, same analysis as EU, in line with the DXY MMSP
We are making higher highs/lower lows, market structure was broken to the upside favouring longs. Price hit a small 5M bullish order block, which aligns with a 5Min mitigation order block of 19th of December 06:00 We made a large range last week, and Sunday open gave a divergence between EU and GU (didn't made lower low) DXY is making a nice Market maker sell...
There is a reason I do not like NYO, always get stopped out :) But don't fear to re-enter with half the risk in a higher 5Min bearish order block
Shorting GBPUSD in line with the daily trend. DXY hit the 5Min bullish order block, GBPUSD hit a resistance line which aligns with a 5Min mitigation order block. take profit at pre determined level or where price is between 10-11 EST
Shorting EU in NYO session in line with the daily down trend, hunting for the stops below 1.2245
An exercise in risk control, enter with half the risk to recover the earlier loss
EURUSD hit the 1H bearish order block, while DXY hit the 1H bullish order block. We have had a nice run up this week, so it's time for a correction I'd say :) The 1H looks like a MMSP, downside objective are 1.2387, 1.2350, 1.2310 and 1.2260
I'm shorting EURUSD during London close around the 1.2420 institutional level. Price bounced off of the 1.2450 institutional level yesterday and formed an OTE right into the 15min bearish order block and .20 level. Price meandered around all day long today, but this is the Judas swing we were waiting for. Some clean levels around the 1.2360 and 1.2340 levels
I'm shorting GBPUSD after the major weekly based retracement of yesterday. On the 15 Min market structure was broken to favour shorts. We have hit the 15Min bearish order block, right into a 5MIN swing point trend line, which aligns close to the 50% of the bearish 15Min order block. The level is a big institutional level as well
After being stopped out yesterday, I watched price move during LO. Price hit a nice resistance line, while DXY hit the 1H bullish order block. We can see a reflection pattern from the high made yesterday Bullish DXY means bearish GBP. Shorted around the 1.5680 institutional level, take profit at the 1h bullish order block