This is a Signature Trade that Happens about once WEEKLY on our ATM EURUSD.
The narrative goes like this...
After a day of Buying or selling the market will consolidate. The high or low of the week normally occurs on Tuesday or WED.
The DXY has had a day of Dropping out of the sky like a 100 pound sword:)
We know that what goes down must come up eventually in life as well as the FOREX MARKETS.
The DXY is the Ying To The Yang of EURUSD, This is the end of the trading day for New York Session and London is at home eating dinner right now. Thus there is not a lot of volume in the markets with this pair.
The name of this trade is RED WINE because it will slowly sell like you drink a very expensive bottle of Pinot Noir.
Earlier in the London Session we did not get the full drop to the extremes instead news allowed the market to SPIKE into the upper ranges of the ADR and it ran out of steam at 1.01945. 5 pips below an INSTITUTIONAL LEVEL. Afterwards giving us a HUGE order block short signifying that the algorithm has engaged its short Macro Processes into the Lower extremes of the ADR.
To be sure we monitor that drop for the Pull Back which was the STANDARD 15 pip$ to the PIPETTE with a very small 2 pip stop hunt which then gave us 3 Long Short candles signifying a raid on SSL (sell side liquidity)
When we put that with the FACT we’ve had two drops within the 30 PIP Swings and a 15 Pip pull Back in confluence with the DXY looking Strong like Rocky Did when he kept getting back up during the Fight vs apollo Creed :) …we can determine that a Short on EURUSD is in effect.
Being that there is low volume on this pair at the end of the New York Session it’s less volatile and it should be a very smooth ride to the Lower extremes of the ADR giving us the WHOLE ADR between this trading day and tomorrow.
Narratives give you confluence and confidence that your trade will go in the desired direction and give you the scene you wrote up.
Never Over Leverage- this allows your scene to never get cancelled if for some reason the trade decides to improvise. As long as the trade doesn’t go outside of your parameters aka hit your Threshold then allow the asset to perform the scene how it likes as long as the ending is how you wrote it up IN PROFIT!
Trust your trade set up. aka Narrative. You took the time to write the script don’t tear it up before the asset can get into character aka fall into the Bias you’ve set.
Have Fun! What other 7 trillion dollar space you know of where you can make as much money you want given you study to master the charts!?
I AM PRO TRADING MADE SIMPLE. I Represent and Am the SENSI MASTER JEDI of #SniperGang
EVERYBODY EAT$
The narrative goes like this...
After a day of Buying or selling the market will consolidate. The high or low of the week normally occurs on Tuesday or WED.
The DXY has had a day of Dropping out of the sky like a 100 pound sword:)
We know that what goes down must come up eventually in life as well as the FOREX MARKETS.
The DXY is the Ying To The Yang of EURUSD, This is the end of the trading day for New York Session and London is at home eating dinner right now. Thus there is not a lot of volume in the markets with this pair.
The name of this trade is RED WINE because it will slowly sell like you drink a very expensive bottle of Pinot Noir.
Earlier in the London Session we did not get the full drop to the extremes instead news allowed the market to SPIKE into the upper ranges of the ADR and it ran out of steam at 1.01945. 5 pips below an INSTITUTIONAL LEVEL. Afterwards giving us a HUGE order block short signifying that the algorithm has engaged its short Macro Processes into the Lower extremes of the ADR.
To be sure we monitor that drop for the Pull Back which was the STANDARD 15 pip$ to the PIPETTE with a very small 2 pip stop hunt which then gave us 3 Long Short candles signifying a raid on SSL (sell side liquidity)
When we put that with the FACT we’ve had two drops within the 30 PIP Swings and a 15 Pip pull Back in confluence with the DXY looking Strong like Rocky Did when he kept getting back up during the Fight vs apollo Creed :) …we can determine that a Short on EURUSD is in effect.
Being that there is low volume on this pair at the end of the New York Session it’s less volatile and it should be a very smooth ride to the Lower extremes of the ADR giving us the WHOLE ADR between this trading day and tomorrow.
Narratives give you confluence and confidence that your trade will go in the desired direction and give you the scene you wrote up.
Never Over Leverage- this allows your scene to never get cancelled if for some reason the trade decides to improvise. As long as the trade doesn’t go outside of your parameters aka hit your Threshold then allow the asset to perform the scene how it likes as long as the ending is how you wrote it up IN PROFIT!
Trust your trade set up. aka Narrative. You took the time to write the script don’t tear it up before the asset can get into character aka fall into the Bias you’ve set.
Have Fun! What other 7 trillion dollar space you know of where you can make as much money you want given you study to master the charts!?
I AM PRO TRADING MADE SIMPLE. I Represent and Am the SENSI MASTER JEDI of #SniperGang
EVERYBODY EAT$