EURUSD Outlook 5/13

EURUSD traded into an orderblock from 2016. We have been in freefall but I am expecting price to move away form this zone to at least test 4hr structure and fill some imbalances above.

This is in confluence with DXY perspective and expected dollar weakness. A new low would invalidate this idea. Will be monitoring price early in the week to see how it reacts when it trades into 5 min demand.

הערה:

Took a quick short targeting asia low for a 1:5 RR

עסקה פעילה:

Stop loss moved

הערה:

secondary position added to trade

עסקה פעילה:

Stop moved to profit

הערה:

Taking first profits as price approaches the imbalance, just over 1:3. Remainder to run to asia low.

עסקה פעילה:

Added to position

הערה:

Update

העסקה בוטלה באופן ידני:

Trade closed. for a total R:R from initial 1% risk of 1:9.

הערה:

Posting final screenshot before deleting from chart

הערה:

15min and 1hr trade perspective.

הערה:

Trade idea

הערה:

Trade active

עסקה סגורה: הגיע לסטופ

עסקה פעילה:

Trade entered after NY took liquidity form LDN and AZN and formed 1 min doji.

הערה:

TP1 hit with 85% of orders taken off table. Remainder to continue to HTF demand

הערה:

Big reaction from my take profit area, looks like price may continue to final TP, however this was a great 1st TP area.

הערה:

Trade closed. 1:6.3 RR. Realized RR after partial TPs 1:5.28.

עסקה סגורה: היעד הושג:

Trade closed. Multi-timeframe snapshots.

הערה:

Trade idea

עסקה פעילה:

Trade active

עסקה סגורה: הגיע לסטופ

עסקה פעילה:

Last entry was liquidity, Trying again

עסקה פעילה:

Choppy ass mitigation, likely entered too early. But it appears like it will hold.

הערה:

JFC finally.

הערה:

Original entry was premature. The goal is not to be early, but to be the first late person. This is how you should have entered.

עסקה פעילה:

SL to BE