New week same methods. I think this week will be ranging, providing opportunities on both sides of the market. With a slight bias to the short side. Here is what I find interesting.
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buying EU.
Trade active
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Tapped in.
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positive reaction. would like a strong close on the 15.
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looking to add.
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tapped into second position
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chugging along. going risk free. SL in profit.
Trade closed: target reached
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all TPs hit, trade fully collapsed.
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taking a short.
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bull isnt dead yet. stopped out.
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considering.
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dont like feeling like im "chasing price" will enter here however.
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tapped in. Not asking for much on this one.
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extending the TP. I actually think its going all the way to last week's tuesday high but this is enough for me.
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closed manually. didnt seem to be materializing.
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likely will not get tapped in, but this is what I want.
Im not as experienced as you, but could you explain the breaker block as I interpreted it as a fair value gap which could result in the continuation of bearish run after the void is filled.
akhena10fx
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@Menchonino, Sure thing. Here are my thoughts: A breaker block is a violated order block that initially moved price to take liquidity. After liquidity is purged and price trades aggressively through the orderblock, it is expected to hold to continue price in that direction. Ideally you want this to occur during peak trading hours for maximum reliability