EURUSD Trade Execution Feb 17

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EURUSD Trade Execution
Feb 17

After studying all weekend I came into today with a solid idea. I suspected that DXY would want to bull to the 50 level and FVG. Meaning that EU would bear. I also suspected that due to my sentiment of EU being in a bullish market it could bear first part of the week. And I also was wanting to stick to rule based positions with only trading the parent bias.

I am not doing pre market analysis anymore to stay flexible. I let most of Asia play out only looking at the charts at 12:30.

Once I saw that Asia made a high I suspected that London would make the low. Previous session Price was in a Premium leaning that it would want to take the equal lows and FVG to rebalance.

At 2 my model lined up:
Bear conditions for the session
Price was in the MOG
Price was at the OTE of .70
Price had clear targets to the down side

Great delivery and great trade.

Penafian

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