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vox-populi
Oct 20, 2020 7:00 AM

EURUSD Short Scalp Short

Euro Fx/U.S. DollarFXCM

Description

Quick scalp idea on the EUR. I'm just practicing some things.

Use extreme caution going into US elections!
Small scalps only people!

Trade active

Took some profit with target 1, above a certain point I'll flip the other 2 long at break even.

I'm just testing out how the london session responds to certain factors. Trying to pinpoint exact time of day for this.

Comment

But it should reverse again here. We want to pay attention to volume of buyers and sellers early in london session

Comment

Trade closed: stop reached

Flip long, 1/3 trades profit 2/3, stop @ entry. Looks like a stop run now bullish perhaps

Comment

Ok, so the idea is to watch the raids on liquidity for each side and determine which one is fake. Now we can wait for NY session and attack the retracement

Trade active

Bullish order block at the bottom of the stop run. will it follow through with impulse upward?? That's what's we need to know. Look at volume and see where the control is.

I flipped long. This is experimental! I'm using very small positions here. We can increase them another day when we have this behavior pegged

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