EURUSD - Yesterday´s macro news release caused dowside move. But the decisive break came just after 12:00. I suspect it were the longs who accumulated positions during Monday and dumped their inventory. After the break I was expecting a move to ...

CFA Trader - Market Profile and Price action analyses

EURUSD - Market indeed calmed down yesterday in line with my expectations. 3 TPO ledge has formed at yesterday´s high and I was expecting a test above so I held on my long position. That test did not come. I have closed the position a while ago. We ...

CFA Trader - Market Profile and Price action analyses

EURUSD - On Friday the selloff continued. I did not expect it that strong. I tried to take a long trade 1,3788 but ended with a loss. For today I expect calming after 2 day selloff and sideways rotation. I took a long trade this morning with which I ...

CFA Trader - Market Profile and Price action analyses

EURUSD - We got the test of yearly high about which I was writing about for last few days. I was able to take a long trade yesterday morning, but got rid of it before ECB rate decision. After Draghi´s comment about FX rates there was strong sell ...

CFA Trader - Market Profile and Price action analyses

EURUSD - Key resistence around 1,3920 was not able to hold further upward price movement yesterday. Value was established above this resistence = higher prices were accpeted. This is still in line with my bullish bias. There is high probability that ...

CFA Trader - Market Profile and Price action analyses

EURUSD - we had untypical day on EURUSD yesterday - very narrow range and low volume traded. Today, after morning macro news from Europe the expected move to the upside came. Since there was no pullback I could not enter into a long trade. At the ...

CFA Trader - Market Profile and Price action analyses

EURUSD - The lower singles area from my last post provided support after initial Friday selloff, after 8:30 macro news. I was waiting for my entry signal to long trade but did not get it. However the growth later in the afternoon has surprised me. I ...

CFA Trader - Market Profile and Price action analyses

I use ETH for CME FX futures. I did not find any edge from splitting the sessions. Also I am more of a swing trader, so smaller time frame profiles are not what I want to trade from. The visualization I use for Market Profile (it is called Market ...

CFA Trader - Market Profile and Price action analyses

EURUSD - Selling initiative from Tuesday was completely eliminated after release of CPI from Eurozone. After this macro news release, price tested below 2 week trading range and showed strong reaction of buyers which was followed by buying ...

CFA Trader - Market Profile and Price action analyses

EURUSD - after release of CPI index from Germany yesterday afternoon, there was strong selling initiative in EURUSD. Most of day´s volume was traded in the lower part of the profile which means that lower prices were accepted. Typically this ...

CFA Trader - Market Profile and Price action analyses

EURUSD - reactive sellers have stepped into the market little bit earlier than the expected resistence (1,3885) which I keep mentioning for few days. I have closed part of my postion from Friday after reactive sellers entry. Later in the afternoon a ...

CFA Trader - Market Profile and Price action analyses

EURUSD - Friday´s development has surprised me. I was expecting move towards 1,3885 resistence. The day ended in very narrow (unusual) range. I have closed part of my long position when I saw no upside momentum. The expected move higher came this ...

CFA Trader - Market Profile and Price action analyses

EURUSD - Yesterday after US macro news (8:30 EDT) the price tested into strong support where there was previous reactive buying activity (see attached picture). This support held again and we had a nice retracement of price confirming reactive ...

CFA Trader - Market Profile and Price action analyses

EURUSD - since yesterday afternoon I have bullish bias on EURUSD. I have opened long positions. I took profit on one of them already. Currently I am waiting if price test into important resistence level around 1,3885.

CFA Trader - Market Profile and Price action analyses

EURUSD has some volatile moves after morning macro news from Europe. I am waiting for short opportunities around 1,3885 resistence level.

CFA Trader - Market Profile and Price action analyses

USDCZK - I have closed this position.

CFA Trader - Market Profile and Price action analyses

I had a webinar sponsored by NinjaTrader mentioned above. In the webinar I have shown my style of trading and also did live analysis of 6E (Euro futures) including comments on current market development. You can watch webinar recording here video

CFA Trader - Market Profile and Price action analyses

USDCZK - I have opened long term swing long position in USDCZK. You can find details about this position including entry and profit target on my website ( url ).

CFA Trader - Market Profile and Price action analyses

EURUSD - I tried to enter into very risky counter trend short position yesterday but was kicked out with a small loss.

CFA Trader - Market Profile and Price action analyses

EURUSD - my position from Thursday (October 17) was closed on profit target after the macro news announcement at 14:30. Even though I use LMAX exchange url which has superb fills I got slippage. It was in my favor however, so I got 14 pips o ...

CFA Trader - Market Profile and Price action analyses