took a chance on this lower low that just formed as a new possible reversal, price on dxy is setting up for clean shorts rn will be running a 10 pip stop until new york and wait for a little volatility
holding half position for full swing, currently 100 pips in profit w/ zero drawdown, stop @ b/e, because of the htf current candle formations I am looking for price to retest these last weeks extremely clean demand zone which seems to be about a 300-400 pip move, (pip count extremely different on finpro)
long taken right after market open in hopes of a void fill. price gapped right to a power full demand zone in and over sold rsi regions in which im almost positive we will see at least some minor bullish correction from tonight
running 10 pip stop which has the ability to be retested be cautious
pretty alright looking setup also paired with great dxy setup. overbought from the 2hr down and making lower highs on all rsi lower tfs. might not be the biggest setup because 4hr has yet to become overbought but because price is ranging like a mad man on the daily tf rsi I will take my chances and hold for a new low, go big or go home ;)
placed because price is rounding oversold regions on multiple tfs, also price is retesting old highs, a broken daily zone , and clean 1hr breaker, ( also we had positive usd news this morning which might have an effect on the over daily candle formation??)
first trade of the week, small sell limit that really only has an over b0ught rsi on the 30 min, everything else was indeterminable so shorts were taken with market structure as the main form of confluence. am thinking of solely using news events during london as scalping setups, but will move stop to b/e and let this setup run
quick 11:1 trade. currently 14 pips in profit off the bottom of current wick
Im back to master you baby. Due to higher tf confluence for short term bearish movement in the market I will be looking for some shorts this week as long as those signs remain valid. I am aware of deeper short possibilities which i am not worried about at this current moment
short term move, only looking for 30-40 pips depending on market conditions