📈Dec 16 - EURUSD - 2m

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@TradingRage

Waiting until 8:30 (NY Timezone) …

Not any confirmation for this move. The market might drop lower.

Just watching the price action at the moment…

@TradingRage

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

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

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

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

Entered on this EUR/USD short:

📉Entry: 1.02985

❌ SL: 1.03038

✅ TP: 1.02800

🎯 R/R: 3.5

@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.

Loss taken (-0.5%) ❌

We move on to the next.

@TradingRage

Watching this FVG…

@TradingRage

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

📉 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

Ready for a big push down now, or will close the position…

@TradingRage

Position closed at breakeven.

No more trading today, as the market seems to be consolidating.

@TradingRage

Fair Value Gap inversion on GBPUSD 5m…

@TradingRage

Still to early for a short entry.

EUR/USD testing the Midnight Openning Price.