Potential EA long idea.
we have a currently running EA long swing position on weekly.
we have been looking to trade EA to the long side on intraday basis since last week and we have had 1 win and 1 loss on it.
last time I lost I went long as EA pulled back to 8 on daily and SL got hit.
EA tagged 20 on weekly and bounced right back up.
today we are looking for EA to pull back to CPR (tag and rejection) and PD AVWAP in London session and go long with SL beneath CPR / V block.
we have a currently running EA long swing position on weekly.
we have been looking to trade EA to the long side on intraday basis since last week and we have had 1 win and 1 loss on it.
last time I lost I went long as EA pulled back to 8 on daily and SL got hit.
EA tagged 20 on weekly and bounced right back up.
today we are looking for EA to pull back to CPR (tag and rejection) and PD AVWAP in London session and go long with SL beneath CPR / V block.
Comment:
50% out at 1:1
updated SL on 40% of the position to BE because of the "rate" news in 2 minutes.
10% position on at original SL
50% out at 1:1
updated SL on 40% of the position to BE because of the "rate" news in 2 minutes.
10% position on at original SL
Trade closed: target reached:
full out for 0.4R.
let's see if I get another swing at it later in NY session.
not holding my breath for it though.
let's see if I get another swing at it later in NY session.
not holding my breath for it though.
I will enter my position shortly.