I got a second entry on the 1m bearish FVG.
I also trailed the stop, I’m now risking 0.75% in total.
This is a very aggressive trade with high R/R. I also don’t like the bearish momentum. It’s low.
Let’s see what happens…
@TradingRage
I also trailed the stop, I’m now risking 0.75% in total.
This is a very aggressive trade with high R/R. I also don’t like the bearish momentum. It’s low.
Let’s see what happens…
@TradingRage
TradingRage Chat
Will the small bullish FVG hold? @TradingRage
Yes. I take a loss of -0.75%.
The trade was according to plan, so nothing to be worried about.
We move on to the next.
Today’s also Friday, so there might not be setups anymore.
@TradingRage
The trade was according to plan, so nothing to be worried about.
We move on to the next.
Today’s also Friday, so there might not be setups anymore.
@TradingRage
👍1
TradingRage
📈Dec 16 - EURUSD - 2m ❓ @TradingRage
Not any confirmation for this move. The market might drop lower.
Just watching the price action at the moment…
@TradingRage
Just watching the price action at the moment…
@TradingRage
👍2
If you’re wondering why I’m inactive, I’ll begin again after the new year’s holidays.
I don’t like the price action at the moment.
@TradingRage
I don’t like the price action at the moment.
@TradingRage
👍11
Hey everyone, Happy New Year.
I’m still waiting for the markets to present a more favourable price action.
Be cautious, and give the market some time to stabilize.
@TradingRage
I’m still waiting for the markets to present a more favourable price action.
Be cautious, and give the market some time to stabilize.
@TradingRage
👍12
Finally back at the charts today.
My bias for EUR/USD is bearish at the moment, and I’ll be looking for entry setups.
@TradingRage
My bias for EUR/USD is bearish at the moment, and I’ll be looking for entry setups.
@TradingRage
👍1👎1
I like how things are working out on EUR/USD.
I’ll be looking for an entry in this fair value gap on the lower timeframes.
@TradingRage
I’ll be looking for an entry in this fair value gap on the lower timeframes.
@TradingRage
TradingRage
I'll move the stop loss to breakeven when we break this low to the downside. @TradingRage
If not, happy to take a loss.
👎1
One of the things I use to determine whether a trend is valid or not is if it contains Fair Value Gaps.
As you can see, the last move we entered on, there was no bearish FVGs formed.
But in the current move, there are multiple bearish FVGs forming. So, it is more probable for the market drop down now.
@TradingRage
As you can see, the last move we entered on, there was no bearish FVGs formed.
But in the current move, there are multiple bearish FVGs forming. So, it is more probable for the market drop down now.
@TradingRage
📉 EUR/USD Short
🎯 R/R: 3.2
1. Higher timeframe bearish FVG respected.
2. Buyside liquidity swept.
3. 1m FVG shown on the chart has also been respected.
I used half risk for this one as well.
@TradingRage
🎯 R/R: 3.2
1. Higher timeframe bearish FVG respected.
2. Buyside liquidity swept.
3. 1m FVG shown on the chart has also been respected.
I used half risk for this one as well.
@TradingRage