hopiplaka1
Short

Detailed explanation EU short

FX:EURUSD   Euro Fx/U.S. Dollar
273 3 3
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 swing just beneath it.

After forming the 3 Indians pattern heading into this 1M bearish order block, we bounce of the resistance level to form a OTE             . This is the false swing we want to see to form the top of a market maker sell program.

Next we see 2 failed order blocks becoming mitigation blocks, which are part of the MMSP boxes.

Finally the MMSP comes to an end be taking out the lows from where the MMSP started.

Related Ideas

walshman
2 years ago
Nice setup and explanation of it. :-)
Reply
radim.vana.9
2 years ago
Nice work hopi, thank for your ideas! GLGT
Reply
Thanks all. It's also a way of visualising the areas where to enter when you missed the initial move.

I really try to focus on LO, because most of my losses are during NYO :)

GLGT
Reply
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