Aqua_Trader

FOREX - INTRADAY LIVE TRADING - STAY TUNED FOR THE UPDATES

OANDA:EURUSD   Euro / U.S. Dollar
Pay attention to the updates section as I will be posting when I will be entering my trade.

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The analysis is made based on order flow using Volume Profile + EW

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Comment:

EUR/USD back down into the Asian range

GBP/USD has just rejected off of the Asian low

My bias is towards the downside for both

Looking for an entry
Comment:

entered GBP/USD right now

SL at 1.5 pips
Comment:
stopped out. -1.5 pips
Comment:

looking at EU for a potential down play
EUR seems to be weaker atm than GBP
Comment:

Entered EU short
Comment:
SL at 1.5 pips
Comment:

closed 50% of the position - SL cut down to 1 pip
Comment:
we are at VWAP now so be careful of a bounce
Comment:
SL cut down to 0.5 pip
Comment:
stopped out on the rest

net break-even on the day
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