EURUSD Trading Journal
EURUSD Trading Journal
Oct 6 weekly sentiments
Last week I expected a wild week and I was wildly incorrect in my analysis. I expected for price to seek lower prices at the beginning of the week and then spring back up and seek higher prices. Nope. Price was on run on stops and imbalances to the low side.
I suspected for Price to gravitate to the sell stops target for the low target of the week. Price did press lower than I was anticipating to my noted 4h fvg and almost the clean equal lows.
Is it a run on sell stops for a false break out or is it a seasonal market shift? I am not convinced just yet that this pair has broken market structure. On the weekly a swing high has formed, however two more down candles on the weekly might convince me we are bearish.
Oct 6 weekly sentiments
Last week I expected a wild week and I was wildly incorrect in my analysis. I expected for price to seek lower prices at the beginning of the week and then spring back up and seek higher prices. Nope. Price was on run on stops and imbalances to the low side.
I suspected for Price to gravitate to the sell stops target for the low target of the week. Price did press lower than I was anticipating to my noted 4h fvg and almost the clean equal lows.
Is it a run on sell stops for a false break out or is it a seasonal market shift? I am not convinced just yet that this pair has broken market structure. On the weekly a swing high has formed, however two more down candles on the weekly might convince me we are bearish.
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