EURUSD Daily Trading Journal
Very pleased with todays price action. I took a clean trade during NY killzone!
Price opened and rallied to the buy stops and noted FVG. Interesting that price stoped at the .618 on the daily chart. I stated yesterday that I thought price was delivering to a premium market I think that is due to looking at lower times frames. I confess I was wrong. Its obvious that price is delivering on the daily to a discount market so I am changing my mind that price is likely to rally to the 50% equilibrium level seeking higher prices.
With my bias now bull and liquidity in clean equal lows I anticipate a reversal in London to take out the equal lows for the daily target.
Wake up and see.
Very pleased with todays price action. I took a clean trade during NY killzone!
Price opened and rallied to the buy stops and noted FVG. Interesting that price stoped at the .618 on the daily chart. I stated yesterday that I thought price was delivering to a premium market I think that is due to looking at lower times frames. I confess I was wrong. Its obvious that price is delivering on the daily to a discount market so I am changing my mind that price is likely to rally to the 50% equilibrium level seeking higher prices.
With my bias now bull and liquidity in clean equal lows I anticipate a reversal in London to take out the equal lows for the daily target.
Wake up and see.