EURUSD - Respecting Daily POCs & my entry levels

已更新

Hello Forex Community!

Check out my intraday S/R zones, key levels and entry levels! Also check why I think that we can call EURUSD that is in a short uptrend.

EURUSD still respect daily POCs and create new one higher and higher, thats why EURUSD is in a short term uptrend.

More descriptions about my trading.
I am not patterns trader. My strategy and edge is looking for strong volume zones where Big players were trading. And if a market will come to this zones, I want to trade there again with them. So every day I prepare key levels and key zones and I am waiting when a market will come there.

📲In the chart you can see Long / Short levels into which I enter directly through the limit and then I control them based on the volume . If the market does not respect the level and starts to form a volume in the negative zone, I try to end the position at the breakeven point or stoploss. I set the Profit Target according to RRR or according to key levels and S / R zones. These levels can also be traded from the other side, support becomes resistance and vice versa.

❗️First of all, when I have the level ready, I have to set a Stoploss.

Stoploss is determined by several criteria. First of all, it must not be too far away and also it must not be in an area that serves as a magnet such as POC , Key Levels or a stoploss zone, where the market will run out of liquidity.

Summary:
Stoploss determined by.
✅1. Pivot High / Low
✅2. Logical zone according to VolumeProfile
✅3. Low Volume Node and High Volume Node
✅4. Outside of key levels

🎉 Management Rules:

✅When I see in negative zone 5 minutes whole candles ( for short level "over" the level for long level "below) I move my Take Profit to BreakEven point and I want to exit position on Entry point or my Stoploss.
✅ When 80% of profit is reached I am moving my Stoploss to BE point.

Hope it helps,
Have a nice day!

注释

OF Chart