Good evening guys…
Had myself a busy day today and came to the charts to see if I could exploit price action on EURUSD…
During this trading session, I was presented with an opportunity based on the logic that Mr. Market Maker was preparing to move higher…So we opened our trades.
During this session, I would like you to focus on the idea of why I was anticipating the price to go higher… yet the price was not really moving up that much.
Now the takeaway for you is “what reason did I have to close the trade”
The screenshot below shows you the importance of acting when the “feel” for the price is not doing what you anticipate it to do…
In the video, I go into detail…
However, notice the screenshot…Look at the attempts by the MM to mark the price up but not follow through…
Stats for the session:
Asset – EURUSD
Reason for trade – Trade into the red vector
Trades – 10
10 Wins
Total After fees – £559