EURUSD 01/07/2022

1 ก.ค. 2022

🎯 Daily levels where I would like to see my setup forms during the first 3 hours of Londo and NY Sessions.

Please have in your mind that this is my Intraday trading pre-plan.
It means that at least the conditions described below must be met for valid entry. My reaction will depend on how the price will arrive at the level and there I will be looking for a break of structure on M1 and pullback for entry which can occur or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus unfortunately I can't update the idea every 5 minutes. So take this only as an informative idea.

Good luck

Dave-FX-Hunter ⚔

🟩 Entry Conditions

Setups must occur at this time otherwise I'm not interested.

🔵London Killzone - LOKZ 02:00-05:00 NY time // 08:00-11:00 EU time
🟢New York Killzone - NYKZ - 07:00-10:00 NY time // 14:00 - 17:00 EU time

🟧Entry Scheme
Here is what you want to see on highlighted levels. Never just enter blindly. Look on M5 and M1

The opposite side of the trade is, of course, reversed picture


-Skip the London session if the Asia session was ranging
- Wait for manipulation at the session open, which enters HTF POI and takes out BSL/SSL
- Look at SMT divergence as the additional confluence
- Wait for BOS (M1 if in sync with trend / HTF BOS if counter-trend) + displacement/momentum shift M3/M5 candle close for confirmation
- Figure out: where is your invalidation (SL) and FPOL (TP1) before entering your trade
- Enter short at pullback to first POI (FVG/OTE/OB) above respective EQ (discount) of RTO area on LTF
- Set SL above swing low of manipulation, as price already took LQ out it should not go there again.
- When the price moves 50% of the expected Target range, the stop loss can be trimmed by 25%
- When the price moves 75% of the expected range the stop loss can be trimmed to breakeven
- Never trade a POI that has liquidity resting above (short) or below (long),
- Don't enter when FPOL (for example swing low/high) has been hit before getting you into the position
- Never enter a trade right before news events.
- Don't try to predict the market, just take 1:3 RR on the level and get out.
- This is intraday trading but there is no trade every day.

🟦Market Maker model Schematics




🟪Smart Money Divergence
The dollar index and USD pairs usually trade asymmetric, for example, DXY making higher highs will result in EURUSD making lower lows and vice versa. When the price on one has lower lows, it is expected that the other should reach higher highs. When this does not occur, we have SMT Divergence. This is suggestive of major accumulation/consolidation in advance of a major move in the opposite direction.