Bacon_Bacon_Bacon

a little further to the downside?

שורט
Bacon_Bacon_Bacon מעודכן   
FX:EURUSD   יורו / דולר אמריקאי
So last week it was buyers being induced for the week (Question I had in last weeks post).
Budget bill was also passed (another question I had).

So far start of the new month, Monday pushed down, tuesday was timid, Wednesday showing signs of life again!

From my technical view price is currently reacting to an old external low on the higher time frame, today we have taken BSL, rebalanced 1h FVG, 4H FVG & price is currently in the Daily FVG.
We could by all means push higher and completely fill the Daily but price could also just range until the next move.

Already took a cheeky sell, going okay but I wanted to mark this one also that could potentially trigger in, following a mss & fvg on lower timeframe for the entry.

Shall see!


הערה:
How will NY 8:30am opening react to the Employment change data.. who knows
הערה:
Loss.
Will wait for a next reaction point / let price play out
הערה:
Daily FVG 50% 1m BPR for 1st trade.
MSS FVG for potentially who knows, inline with oringinal plan
הערה:
(1st trade meaning the middle one.. after the loss lol)
NY midnight likely to hit
הערה:
15m BPR, intersted to see what happens
הערה:
Yesterday: -1% -1% +3% = +1%
Still two open from yesterday, The previous day high will get swept I believe soon (M formation). could be today, tomorrow or even Friday.. depends how price action forms.
Today so far 5min scalping (not ICT stuff) High probability Buy +3%, Medium probability sell +3%, now in another medium probability sell.
Bias Is still move to the downside abit more, Need Push from data for that to happen (IF IT DOES INTENT TO GO LOWER.. JUST MY THEORY!)
הערה:
I just realised Today is Thursday NOT Wednesday!!! Data Tomorrow M formation push down is what Im anticipating... but its better to react to what is happening so shall see how today pans out and then deal with what happens tomorrow!
הערה:
Medium probability buy, keeping both
הערה:
I made an error, it was not a valid buy set up so closed!!
הערה:
That was the luckiest fluke!! still got just under +2% for that error of an invalid buy!!
הערה:
The Medium Probability sell hit SL, Tagged the Prvious day high, wait for further price action.
הערה:
Medium probability sell... May not reach 3R

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