DAILY TRADE SETUP

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@asuquokelvin - 1 month ago

Buying Eurusd at GBP reaction out of my box zone in GBP

Setup is based on correlation:

If GBP shows a break above a key structure level at 15 min time frame away from my box level I will buy Eurusd

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

I also use correlation to trade

Just look at gbp still hasn't triggered yet

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

You should change your bias to sells

I already reconsidered the bearish bias here. price has start breaking the recent higher low and confirms bearish structure, the higher-probability setup shifts to sells.

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

Same here

You know price didn't break Friday's high with a full body candle

Exactly. That weak close above Friday's high suggests buyers lose momentum. And the break below the last higher low shows price has shifted to bearish consider high momentum displacement during NFP, I still have a bearish bias towards EU, and those zones are my reaction levels

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

i just like the bearish move as it has resumed

Price is showing rejection on 15min I am seeing Eurusd doing something very tricky

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

The pair is tricky already ๐Ÿ˜‚

I'm still holding my sells

The sells will still working because price has broken that level down, the previous higher low, but we have warsh speech today and ISM news today so before 2 pm I will close all my entry to avoid uncertain volatility

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

I'll still hold my sells, I just set BE

Yeah still selling, I could have sold too but it's fine at least I bought USDCAD, but there's a speech in the next 5 minutes I pray It favours our direction

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

It is actually reacting from that demand after sweeping those equal lows

But then it's showing some indecision so the main direction will depend on late newyork period from 5pm to 9pm which will enter launch break so I will say switch to GBP instead, look at that last 4hr hr candle

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

Those two pairs are just confusing me

I'm done for today

I had to take usdcad sell you can go for that because today was just filled up with confusion

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@asuquokelvin - 1 month ago
Quoted - godspowerdan

Bro... The confusion is too much for one day

๐Ÿ˜‚ The price action is definitely mixed. That's exactly why I waited till 5pm to take the trade it's actually in profit now

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