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.
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:
it has a room of 15-20 pips back up to the POC
Comment:
Price could also find support, retesting yesterday's low (1.1642-1.1643)
Price could also find support, retesting yesterday's low (1.1642-1.1643)
Comment:
there was no entry
Price is found in a cluster of low volume, pretty far from the POC
should a 15m bull trend candle form I will consider jumping in