EURUSD Feb 10 to 14 Weekly Analysis and look ahead
EURUSD
Feb 10 to 14 Weekly Analysis
Price is in a Premium on the weekly and the daily. Price has been range bound since dec 11. Note how Price moved from .70 to .70 in range. Note the previous week was .79 to .79 range. Note that Price is narrowing.
Note that GU has strength due to breaking the recent range. We will see if this week if EU will break this range.
Note how Price took all buy stops since
Jan 27 in one week.
Week ahead
Its likely for price to seek lower prices in search of liquidity and inefficiently delivered price. Price is delivering to a premium on the previous days range, with equal lows and liquidity resting below, I would suspect first part of the week lower prices and then price to seek the clean equal highs to finish. Again price could bull run first part of the week and bear for the end. READ WHAT PRICE IS TELLING YOU!
That said my focus this week is waiting for the following:
- specific stops to be taken to have confidence in taking trades
-focus this week is reading what price is delivering
-Sticking to my model of specific liquidity taken, -trading the first presented FVG
-with the days bias determined
-inside a MOG and a macro time.
I would like to focus on long set ups. Limit orders where I have the price placed with stop loss and take profits mapped out.
I might skip morning journals as they have been creating a stiffness in my ability to be flexible to my idea panning out rather than what is being shown.
Lets have fun, lets trust and happy trading.
Feb 10 to 14 Weekly Analysis
Price is in a Premium on the weekly and the daily. Price has been range bound since dec 11. Note how Price moved from .70 to .70 in range. Note the previous week was .79 to .79 range. Note that Price is narrowing.
Note that GU has strength due to breaking the recent range. We will see if this week if EU will break this range.
Note how Price took all buy stops since
Jan 27 in one week.
Week ahead
Its likely for price to seek lower prices in search of liquidity and inefficiently delivered price. Price is delivering to a premium on the previous days range, with equal lows and liquidity resting below, I would suspect first part of the week lower prices and then price to seek the clean equal highs to finish. Again price could bull run first part of the week and bear for the end. READ WHAT PRICE IS TELLING YOU!
That said my focus this week is waiting for the following:
- specific stops to be taken to have confidence in taking trades
-focus this week is reading what price is delivering
-Sticking to my model of specific liquidity taken, -trading the first presented FVG
-with the days bias determined
-inside a MOG and a macro time.
I would like to focus on long set ups. Limit orders where I have the price placed with stop loss and take profits mapped out.
I might skip morning journals as they have been creating a stiffness in my ability to be flexible to my idea panning out rather than what is being shown.
Lets have fun, lets trust and happy trading.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.