EURUSD Trading Journal
EURUSD Trading Journal Nov 20
London Session Summary
I was looking for shorts.
My logic was Price was in a Premium market from the previous session, indicating price would come to the 50%.
There was noted clean equal lows and FVG to rebalance.
Tuesday price expanded to lower prices in London, NY saw retracement and had taken the buy side liquidity. Seemed likely for a reversal coming into todays London session.
With the institutional cycles identified buy side stops taken, and in a Premium with liquidity and inefficient price my target was for the .618 level to exit. I was hoping for the .70 level where clean equal lows were. I just need to trust my complete idea before exiting.
Price drop in Asia and by 2 am price hit the .618 session range. I entered late not trusting my logic and exited way to early.
All good I got 12 pips. Consistency of reading every session cycle and watching what stops are taken, using the FIB correctly can only improve my trust in myself and tighter entires and exits.
Extremely happy that I have traded 3 days in row.
London Session Summary
I was looking for shorts.
My logic was Price was in a Premium market from the previous session, indicating price would come to the 50%.
There was noted clean equal lows and FVG to rebalance.
Tuesday price expanded to lower prices in London, NY saw retracement and had taken the buy side liquidity. Seemed likely for a reversal coming into todays London session.
With the institutional cycles identified buy side stops taken, and in a Premium with liquidity and inefficient price my target was for the .618 level to exit. I was hoping for the .70 level where clean equal lows were. I just need to trust my complete idea before exiting.
Price drop in Asia and by 2 am price hit the .618 session range. I entered late not trusting my logic and exited way to early.
All good I got 12 pips. Consistency of reading every session cycle and watching what stops are taken, using the FIB correctly can only improve my trust in myself and tighter entires and exits.
Extremely happy that I have traded 3 days in row.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.