DAILY TRADE SETUP

You don't just look at the 15 min to 1min to trade, you look at the bigger picture, from the 4hrs up, look at the image properly, the blue box covers the imbalance from the 4hrs so price will definitely move upwards to fill that place it may not happen immediately but will definitely happen as unmitigated zones like that acts as magnetic for price to revisit

Here is the chart

This is the 4H chart for EUR/USD I see price is rejecting at a previous London session high/low that may be the turning point.

What I noticed is that if there is an option barrier at say 1.1500 and it is large enough to attract price towards its direction, the price reach 1.1500, pass it, and still keep going down. I call it residual selling energy. But after a while I notice it will bounce of a key level and start reversing

That's exactly what am saying, now once that bounce occur and fail to break above a key level but breaks strongly with a full closure below the 1.1500 you continue the sell, but if a key level is broken to the opposite side you wait, it may sweep a low below that 1.1500, so that's what am seeing currently, it's just to react to price I don't really trade base on predictions but I trade base on price reactions

This was another risky trade for the day but I had my why? I only react when price react, I looked at the 1hr and I noticed the last 2 candles swept each other and then the 3 candle was yet to sweep the 2 candles high or break above it, I looked at the 5min there was multiple rejections at that level so I knew there was another high to be created before price falls, then I entered the buy

Price already at my tp! That was a nice scalp

Tp successfully taken , I close for the day

I see more buys on eu, just predicting if price breaks below the blue support line look for more sell but if price breaks above that v red shape wait for a pull back and rejection from the blue line in that v sharper red line to buy

Sold EU closed in loss

I have a short bias on Eurusd marked out my levels on the 1hr timeframe, I will be looking for sells from 1.14536 to 1.14599, using a conservative entry meaning I will go down to my 5 min timeframe to look for more confirmation before entering the trade , a strong bullish close above 1.4599 my setup is invalidated 1.14599 my setup is invalidated but if 1.14536 to 1.14599 holds I will short till 1.14173

Price just wicked my level on Eurusd and given a rejection at the 5 min timeframe, look at the chart to see my entry @ 1.14574, [email protected] and SL@ 1.14631 which is my invalidation level if my sl gets hit am wrong

Eurusd currently in profit selling below 1.14574

Eurusd heading to my sl @1.14631 a strong close above that level invalidates me meaning am wrong on Eurusd setup

I also sold EURUSD around 1.1458 and my SL is at 1.1468. The pair is just dribbling people, with no clear direction, it just goes around reacting to every S/R in its path

Almost hitting my sl @1.14631 it's a very tight risk just at 1% of my account size

Took my first loss of the day after price just swept above my sl level at 1.14631 without a full close, just risked 1% of my account I will still sell on more confirmation

Before selling EURUSD again I want to see a full bearish close below 1.14561 then I will have a confirmation to go short till 1.14412 because price did not break with a full body closure above my previous 1.14631 level which was my sl level in my previous trade so there is still selling tendency but this is my last trade on Eurusd to protect my capital

I changed my level for eurusd trading today if price sweeps above my 1.14633 previous high level I will wait for a break to the downside taking out a key level for me to sell

Decided to change my plan buying eurusd right now from the 1.14382 to 1.14543 with my sl at 1.14294 since I couldn't catch the sell I am trading the buy to fill the imbalance at the 15min timeframe