EUSUSD Trading Journal / NY Killzone after 10 am
EUSUSD Trading Journal / NY Killzone after 10 am
I anticipated the 945 rally to lower prices and was expecting for Price to go lower, and while it did take out session lows it stalled and consolidated. That should have alerted me to a reversal pattern. London killzone and before 9:45 did not create any significant high or low and price traded in a tighter range.
Once price hit the sell side equal lows and a immediate reaction to seek higher prices I was alerted to sit back and watch it. What was price seeking FVG and what I think is a sensitive level from Aug 8. Time also indicated that at 10 there is a spooling of price and due to the lows taken it would seek higher prices.
the main logic take away is evaluating the complete session as I believe the algo will create a day high or low, and if one session did not do it the other one will? Just a sentiment to back test.
I also not a 3 drive pattern, where price has over the session been rallying to the buy side. So once the 9 40 hit sessions lows that could have tipped its hand to seek higher prices?
I anticipated the 945 rally to lower prices and was expecting for Price to go lower, and while it did take out session lows it stalled and consolidated. That should have alerted me to a reversal pattern. London killzone and before 9:45 did not create any significant high or low and price traded in a tighter range.
Once price hit the sell side equal lows and a immediate reaction to seek higher prices I was alerted to sit back and watch it. What was price seeking FVG and what I think is a sensitive level from Aug 8. Time also indicated that at 10 there is a spooling of price and due to the lows taken it would seek higher prices.
the main logic take away is evaluating the complete session as I believe the algo will create a day high or low, and if one session did not do it the other one will? Just a sentiment to back test.
I also not a 3 drive pattern, where price has over the session been rallying to the buy side. So once the 9 40 hit sessions lows that could have tipped its hand to seek higher prices?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.