Price is everything

Giving this a 25 pip stop:








EDIT:

By the time ive posted these ive already taken out 12.1 pips on EU. I'm just not patient enough neither do i feel the energy or the way EU moved out of that zone to be enough to warrant me risking 25 pips for it when i can take out 12 on a scalp. These are decisions you need to make on the fly while trading. What i've provided here is a simple Setup that was verified by a demand zone even though only the top and 5m Price action. The downsides were the huge bearish structures to the left, and the fact that on higher timeframes (1hr) this looks like a bearflag and the overall bearishness of the EUro.

EDIT2:


This is my doodle chart on EU, i sometimes watch it in combination with S/D and A.

Good night

great charts as always orbital. funny that you mentioned these warning signs to look out for because lately it's something that I have slowly been observing as well. I can't quite exactly describe it but when I see it I am usually cautious ..

For example, this is why I'm not going long off the current demand zone. Not only is this the 4th touch already, the pattern that is presented makes it a no trade for someone like me.

Morning all.

GBP/CHF Monthly.Waiting for PA reversal on daily.

GU 1hr .

Keep it simple.

GU daily approaching daily demand zone .

Thinking of a small bounce around 1.5840/50 and then continue downwards.

GU Weekly.

We had a close below the weekly cluster .

Expecting 1.55xx demand zone on this in the coming days. Lets c how she plays.

20 people did not leave soon enough.....Missed EU leaving the building

still trading but not as much
Keep up the good work Orbital and friends.

Took 15 PA Structure setup, remember these setups and use demo to practice trading them if you don't feel comfortable on live


EDIT:

ALso good seeing you here Anthoniex

Gu 15 min scalp

DAX and comments regarding trade and why it was setup, for further questions ask in the Romancing the Price thread, thank you btw for keeping the place clean of chatter and full of charts. Honeybhi and budak its good to have you guys back






EDIT1:

Out at 72/73 ticks

Averaged out.

Trying for a cheap DD-free swing on USD/MXN

Edit: Stopped at BE

Hi Verb,

can you advise how many averaging level normally you do ?
and do you add the lot size ?


thanks

took this trade

lets see



scalped for 2/3.



stopped . will wait for pa to go long again

Eur/Cad at hourly supply, giving shorts a go.

(Edit) just scaled out of some at first target.

Nice trade...I took that same one with same exit.

GJ H4

Increase in spikes upwards is nothing but consumption of supply.

Will move higher .

EU Breakfast at 61.8 fib