EU Trade recap from yesterdays Forecast

10 Jun 2021

Just posting a quick analysis to follow yesterdays forecast.

This trade set up just after the forecast that was posted yesterday.

At the time the forecast was posted we were still in a down trend on the 15 and 5 min time frame, and we had a 1hr range marked on as the area to go agressive at.

Because price had rebalanced to the 50% of this range we knew price could go early.

The 15min trend change in pre london session was this indication and that is why we then placed this trade targeting the weak high that was mentioned in the forecast.


This is a perfect example of adapting to the market and not waiting for the key 1hr range edge as the only area to trade from.