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igotfx
722 posts

igotfx
@IGotFX
Short-term FX trader following a rules based system. Daily London/NY analysis. Execution rules, Risk management, and Journal tips. Next top
شامل ہوئے Eylül 2024
46 فالونگ124 فالوورز

Eurusd - Ny reversal.2
The pyramids actually paid out today

Jossh@josh_traderr
What a day I pyramided another entry in NY and lowered the SL on the London entry
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Expected midweek reversal but as it looks for now, it could still go either way. We want to see how price reacts after taking the low. If we expand through the level towards the Monday low, maybe close in the low or immediately sweep it and trade back up; that's my key level for long or short. Maybe we are looking to trade tomorrow based on the confirmation of what will happen today.
If we look at the daily bias for today after yesterday's bullish expansion, we could say continuation (of yesterdays move) so therefore you would want to enter above daily open on a bearish day. For that reason I have entered a short aiming lower. I will take off half around the Asian low and will let the rest run according to the daily bias and according to my expectation that my weekly narrative is wrong and that we will trade into the daily interal range liquidity.

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@matt_loeber What are you working on?
(goodluck with the burnout btw, been there)
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Trading is easy if you know the direction

igotfx@IGotFX
Trying to play the Monday range on Dow Jones.
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