EURUSD Outlook 10/16

Bullish on EU unless we put a new low in, then will reconsider, looking for where bullish structure might want to begin to form for potential longs early.

Monthly low could be in. Could.

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Short on EU as it trades into daily FVG early in the week. I am still bullish but expect friday's low to be violated before the real move.

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Closed trade at break even.

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Short again on EU, price took buyside and BMS down during london.

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Very nearly stopped out. Hopefully down from here.

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There we go

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SL to BE

Zlecenie aktywne:

interesting development from EU. might get taken out BE

Transakcja zakończona: osiągnięto poziom stop:

Closed out with small profit manually. I dont like the price action.

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I'd re-enter here after lunch if the opportunity presents.

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re-entered short on EU

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Lazy price action from EU. I dont really see where else price could go so likely holding this one into tomorrow. big news at 8:30.

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Lol still holding EU into asia session. This is getting ridiculous. no movement.

Transakcja zamknięta: osiągnięto wyznaczony cel:

BEAUTIFUL delivery from EU. 8HR FVG target met. Most of positions closed out. Leaving a runner to the weekly open price. but considering this trade closed.

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Tapped into EU for continued shorts.

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initial reaction is favorable, lets see how it plays.

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going BE

Zlecenie zamknięto ręcznie:

Closed early. Dont feel like holding.

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will look for shorts if price gets back up here.

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Took a short from the 8hr FVG called out yesterday. looks to be playing out. Happy with my decision to close out of yesterday's short to wait for better entry.

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Encouraging price action on the 5 min.

Zlecenie aktywne:

SL to BE

Transakcja zakończona: osiągnięto poziom stop:

wrong side, taken out BE. next time take profit.

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Trying it again.

Transakcja zakończona: osiągnięto poziom stop

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-1R for the day so far. Still cant shake the idea that we go down. last try. British PM just announced resignation, expecting GU downside as the market absorbs the news and some EU downside as they are correlated.

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hoping 1hr fvg gives a new high to tap me in

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No dice. Tough day today, analysis on point, yet no entries. Such is the game.

leaving these on the market as Asia or London may tap me in.

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Short on EU

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END OF WEEK MARKET REVIEW

The market respected the initial outlook for EU this week. Price first estabalished a new high higher than last week, then sellside was captured as anticipated. Potential for monthly low to be in. Looking for price to chase buyside on the HTF for the last week.

Trading was mixed result. London high was not always respected. Do not put SL directly at London high. Give it a few pips (or wait for BMS), NY may want to wick it.

Bias was generally correct but execution could have been better. If you are short/long, plan to take 2 short trades, first one more conservative in TP.

More bullish action expected at the moment.