EURUSD - Weekly Bearish Fireside Liquidity
I love how uniform
EURUSD
daily price action is looking.
We are currently trading at the upper displacement daily FVG with Thursday being the day we witnessed an explosive run up to 1.08884 before closing inside of the range of previous daily candles.
1.07963 is in the air for short targets.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
EURUSD
daily price action is looking. We are currently trading at the upper displacement daily FVG with Thursday being the day we witnessed an explosive run up to 1.08884 before closing inside of the range of previous daily candles.
1.07963 is in the air for short targets.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Trade active:
Shorts; All or nothing.
In-line with my short bias.
If shorts are negated, its back to the drawing board with a minor 0.75% SL fee.
Final TP 1.07963
Stop: 1.08607
R:R: 7.6/1
In-line with my short bias.
If shorts are negated, its back to the drawing board with a minor 0.75% SL fee.
Final TP 1.07963
Stop: 1.08607
R:R: 7.6/1
Trade closed: stop reached:
Stop: 1.08607 was reached but short bias is not negated.
Back in with ;lower risk; 0.25% and currently in profit.
Entry: 1.08571
Stop: 1.08517
Back in with ;lower risk; 0.25% and currently in profit.
Entry: 1.08571
Stop: 1.08517
Trade active:
Sellside has been tested. Profits off the table. SL in further profit
Trade closed: target reached:
1.08377 short term 1-hour imbalance has been met.
75% of all profits were taken off the table with stop moved to 1.08465 in which was spiked a few mins ago.
Overall, it has been profitable sticking to my bias approach throughout the short-term timeframes.
Will be sitting on my hands, observing how the US PM session sets up for Wednesday's trading.
75% of all profits were taken off the table with stop moved to 1.08465 in which was spiked a few mins ago.
Overall, it has been profitable sticking to my bias approach throughout the short-term timeframes.
Will be sitting on my hands, observing how the US PM session sets up for Wednesday's trading.
Trade closed: target reached:
1.07963 overall short target has been met!
Trade closed: target reached:
Recapping of this weeks trading, EURO was the highlight of the week, with the short target of 1.07963 this week being met