Shorting EU in NYO

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Short

Euro Fx/U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro Fx/U.S. Dollar

Keep on practicing the NYO skills :)

really aggressive trade...

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

with false OTE I mean a false swing turning into a OTE :)

Great!

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.

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...

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.

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