Shorting EU in NYO

FX:EURUSD   Euro / U.S. Dollar
144 7
Keep on practicing the NYO skills :)
I didnt see that :D that 1 hour bearish block you saw because the high of next hour was lower, right? What is OTE? Mitigation order block was before 08:30, right?
I was wandering If there is a possible way how to identify which market maker did it, but thats probably impossible to find out...
hopiplaka1 DanielKovacik
OTE means Optimal trade entry, basically a fib retracement into to 62-79% zone. The 1M mitigation block I was looking for was the one of 08:58, the one where my position opened.
I like this trade a lot. I took something similar in demo. very nice. Personally, I locked in profit at 1.18, but there are many ways go about it. Rootin for your profit to get filled.
+1 Reply
really aggressive trade...
hopiplaka1 DanielKovacik
1 Hour bearish order block, LO stops gunned, false OTE, market structure break back into a mitigation order block, market maker sell program visible, might run underneath 1.1740.
All things are there for a good trade in my opinion :)
hopiplaka1 hopiplaka1
with false OTE I mean a false swing turning into a OTE :)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out