TradingView
akhena10fx
12 mar 2023 21:36

EURUSD Outlook 3/12 Long

Euro Fx/U.S. DollarFXCM

Opis

Bullish on EU, however I would like to see sellside cleared before buys become more attractive.

Komentarz

In a demo short, glad i closed my friday short as the weekly open gap would have wiped out profits. This is a reminder to keep closing before the weekends.

Friday's high was taken out, we got a BMS and trade into mitigation block.

Komentarz

taken out BE, will see what NY brings tomorrow.

Komentarz



Short on EU

Transakcja zakończona: osiągnięto poziom stop

Market had other plans.

Komentarz

last attempt, short off the 1min breaker after buyside taken.

Komentarz

reducing risk.

Komentarz

holding intraday, looking to close before CPI tomorrow.

Komentarz

aint nun but a lil bit of patience. moving the SL of one of my positions to break even to reduce overall risk.

Komentarz

gonna go fully risk free and stop watching the charts for the day. there is a risk that london will put in a new daily high and take me out of the trade but c'est la vie.

Komentarz

stopped out break even on yesterday's trade, wish I was up to close some during london, im short again at pretty much the same price

Komentarz

might e on the wrong side here.

Komentarz

stopped out, one more attempt.

Komentarz

added to position

Komentarz

extremely tricky price action, had to give the add some room and move all SLs to the recent high.

Komentarz

Komentarz

switching sides at the balanced range.

Komentarz

shorts closed, in longs.

Komentarz

doubled up with a tight stop.

Komentarz

take profits updated.

Komentarz

really shitty price action.

Komentarz

whatever the final move is going to be, they dont want anybody participating thats for sure.

Komentarz

giving it room to original SL.

Komentarz

really tough day for price action today. glad to be able to make some sense of the madness.

Komentarz

Going break even.

Komentarz

adding to position off the breaker x 5min FVG. (afternoon session)

Komentarz

SL moved into profit.

Komentarz

Come up with your trade idea, manage your risk, and be stubborn. dont let price jerk you all over the place. take the L and move on if your idea is invalidated.

Komentarz

Komentarz

Komentarz

need to see the 5min balanced price range support price.

Komentarz

price took CPI high and seems to have run out of steam for the day.

Komentarz

giving it room and holding intraday.

Komentarz

theoretical added position here during asia, not a live but for self education. (Breaker + FVG)

Komentarz

Note to self: backtest balanced ranges this weekend.

Komentarz

balanced ranges seem to be extremely probable for entries, but not for stoploss placement. 3rd position was not live but use balanced range for idea

Komentarz

unfortunately did not get a prime opportunity to take profit, stopped out during london.

Komentarz

long on EU again.

Transakcja zakończona: osiągnięto poziom stop

Komentarz

last attempt, DXY breaker entry.

Komentarz

lol I was beginning to think I lost my mojo.

Komentarz

i honestly wouldn't be surprised if EU prints a new weekly high from here.

Komentarz

holding interday, more conservative TP

Komentarz

chugging along.

Komentarz

price hit my TP, i was awake early and took a short from bed lol, price kicked me out just before dropping. small profit. SL was a little premature.

Komentarz

im short

Komentarz

added to position at the balanced range. aiming for yesterday's low

Transakcja zakończona: osiągnięto poziom stop

stopped out

Komentarz

I think we go up. news would have sent price down if it still wanted blood. aiming for the weekly open.

Komentarz

nice. break even.

Komentarz

TPs updated.

Komentarz

will add here if given opportunity.

Komentarz

might get that opportunity.

Komentarz

might not.

Komentarz

was tapped into 2nd position. holding interday likely. SL at breakeven.

Komentarz

beginning to partial out of position as price approaches TP.

In the future work on taking profits as price approaches TP. Analysis is different from making money. partial-ing out pays you.

SL of first 80% partial moved beneath most recent OB. 20% running to final TP.

Komentarz

4HR balanced range was instrumental here as well as in NAS idea.

Price below a HTF balanced range (in a bullish scenario) is defacto considered discount pricing. use this as a trade justification long on LTF entries.

Komentarz

added another TP level.

Transakcja zamknięta: osiągnięto wyznaczony cel

all TPs hit.

Komentarz

going long again on EU. dont love that asia low, but price has traded into 4HR O and BMS upwards. News might be the driver.

Komentarz

added to position after a 1m OB following rejection from 15M balanced range.

Komentarz

price getting healthy with the help of news.

Komentarz

giving it some room as we ran into 2HR BRs above.

Komentarz

going back break even

Komentarz

I think we are good from here out till higher prices.

Komentarz

moving SL up, locking in some profits.

Komentarz

I want to see price punch through that higher balanced range with momentum

Komentarz



TP1 Hit, price in TP2 range and I have begun partial-ing out as stated I would begin to do earlier in the week. really great trade this one. Might just end the week on this note.

Transakcja zamknięta: osiągnięto wyznaczony cel

the full trade has been collapsed manually inside of the second TP range.

Komentarz

price eventually completed final TP at weekly open.

Have a great weekend!
Komentarze
JoeChampion
Thank you for your insights, all depends on CPI for now!
Jay1200
Thanks 🙏🏼
TheCryptagon
Solid idea, I agree with your idea moves up expected ! Check ours too:
InkyGrip
intersting EURUSD analysis. Thanks for it
TheFxAce
thank you for your work
akhena10fx
@TheFxAce, I appreciate the support!
TradingShot
Thank you. Great job. Thumbs up!
akhena10fx
@TradingShot, Thanks for checking out the idea
TradingBrokersView
Noted, thank you!
akhena10fx
@TradingBrokersView, Thanks for viewing
Więcej