EUR/USD - INTRADAY - STAY TUNED FOR THE ENTRY, STOP LOSS, TARGET
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Pay attention to the updates section as I will be posting when I will be entering my trade.
The analysis is made based on order flow using volume profile
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
The analysis is made based on order flow using volume profile
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Komen
There was already an opportunity today to trade a 5m flag / abc correction, but it was withing the TSE range so it didn't meet my criteria which is why I didn't take it. Leads me to an important point also be disciplined and consistent as far as your trading plan goes.Komen
Looks like a full 1-2-3-4-5 / A-B-C sequence is nearing towards completionWill be looking at the 61.8 / 78.6 as to where I can go long from
Should there be a change of bias I will of course update it here, but for now I am interested in the long side.
Komen
the 78.6 needs to hold to keep my bias..
Komen
78.6 held - now just need a nice correction to get longKomen
price has risen up nicely - however didn't meet any of my entry criteria so i still haven't entered - still interested in it thoughKomen
Komen
when price installs a bull trend candle I will go longKomen
bullish hidden divergence forming - still bullish - waiting for a 5m bull trend candleKomen
entered on the 5m bull candle (where bottom blue line is) exited at the top one for a 10 pip gainBack at it tomorrow
Remember patience is key and less is more!
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