Stop Run Reversal (Market Manipulation) LIVE Trade on the EUR/USD
May 06
16:24
2019
Using Previous Stop Runs
This video breaks down a EUR/USD short from May 2nd.
The day prior we had a very aggressive reaction to the false break higher that occurred during FOMC. This type of aggressive reversal and subsequent follow through tends to have follow through the following day.
The following day we had a stop run of the Asian highs during the European session.
While this would not satisfy the criteria for a stop run reversal, it does give us insight into institutional trading activity, and more importantly it offers a very high reward to risk based entry which is critical to successful trading in my opinion.
Check out the video for a complete breakdown of the live trade setup, as well as exit.
-Sterling