EUR/USD - INTRADAY - STAY TUNED FOR THE ENTRY, STOP LOSS, TARGET

Pay attention to the updates section as I will be posting when I will be entering my trade.

The analysis is made based on order flow using volume profile

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.

Comment:

There was already an opportunity today to trade a 5m flag / abc correction, but it was withing the TSE range so it didn't meet my criteria which is why I didn't take it. Leads me to an important point also be disciplined and consistent as far as your trading plan goes.

Comment:

Looks like a full 1-2-3-4-5 / A-B-C sequence is nearing towards completion

Will be looking at the 61.8 / 78.6 as to where I can go long from

Should there be a change of bias I will of course update it here, but for now I am interested in the long side.

Comment:

the 78.6 needs to hold to keep my bias..

Comment:

78.6 held - now just need a nice correction to get long

Comment:

price has risen up nicely - however didn't meet any of my entry criteria so i still haven't entered - still interested in it though

Comment:

Comment:

when price installs a bull trend candle I will go long

Comment:

bullish hidden divergence forming - still bullish - waiting for a 5m bull trend candle

Comment:

entered on the 5m bull candle (where bottom blue line is) exited at the top one for a 10 pip gain

Back at it tomorrow

Remember patience is key and less is more!