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:
expecting one more push, but I am more interested in selling from the top
Comment:
final push has begun
Comment:
change of plans. In sight for a bounce off of the 78.6 fibo level..?
locked onto that. could be getting an entry in the next 15-20 mins
locked onto that. could be getting an entry in the next 15-20 mins
Comment:
entering long at the close of the current 5m candlestick with the stop loss below its low
Comment:
Trade active
Comment:
1st target set at 1.1622
Comment:
Comment:
moving up nicely
moving up nicely
Comment:
really nice follow through
stop loss has been moved to break-even as the price is forming a flag which makes me believe we could see one more move to the upside
stop loss has been moved to break-even as the price is forming a flag which makes me believe we could see one more move to the upside
Trade closed manually:
trade closed 3 pips from target at 1.16192
Comment:
thankfully closed out because price seems like it's heading back down strongly without tapping the top
net gain +17 pips
net gain +17 pips
