I took my 2k euros shorting EU and GU and I'am done for today. Major news expected after few minutes.
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Disliked{quote} Hi katte may be i'm wrong ... coz today is the friday just look for some pips ..Ignored
In any event, we must be patient and keep an eye out for any important news and be fully prepared for next week, trade safe.
DislikedComing towards the end of the week, EURUSD seems to be creating a textbook balanced distribution / 'D' market profile, with value in the middle of todays trading range.{image}{image} There are a few volume clusters highlighted around the high/low of the profile, these can be strong S/R areas. {image} That aside, if price obeys this trading range into the close; I'll be waiting to see if we create an opening range within todays (Friday 10th) value area on Monday morning. If so, ill begin the week with a responsive activity mindset unless something...Ignored
DislikedComing towards the end of the week, EURUSD seems to be creating a textbook balanced distribution / 'D' market profile, with value ...Ignored
DislikedEURUSD holding my short in cfd, intention is to trade the gap plus the EURO future from friday {image} {image}Ignored
Disliked{quote} EURUSD short has now become long the future has turned in the direction of buy you have to react quickly {image}Ignored
DislikedUSDJPY Looking at a composite market profile (and volume profiles) we can see different areas of balance and other, less traded areas that are usually the result of aggressive price action in-between ranges. Below is this month's trading range, most of which is within a composite profile from Tuesday 31st - Monday 13th, the first two days of this week emphasise the balance-aggressiveness-back to balance around and in-between these ranges. Responsive (mean reverting trading) and Initiative (breakout/trend trading) activity can be applied really short...Ignored