EUR/USD - INTRADAY - STAY TUNED FOR THE ENTRY, STOP LOSS, TARGET

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.

Commentaire:

expecting one more push, but I am more interested in selling from the top

Commentaire:

final push has begun

Commentaire:

change of plans. In sight for a bounce off of the 78.6 fibo level..?

locked onto that. could be getting an entry in the next 15-20 mins

Commentaire:

entering long at the close of the current 5m candlestick with the stop loss below its low

Commentaire:

Transaction en cours

Commentaire:

1st target set at 1.1622

Commentaire:

Commentaire:

moving up nicely

Commentaire:

really nice follow through
stop loss has been moved to break-even as the price is forming a flag which makes me believe we could see one more move to the upside

Trade fermée manuellement:

trade closed 3 pips from target at 1.16192

Commentaire:

thankfully closed out because price seems like it's heading back down strongly without tapping the top

net gain +17 pips