Stop Run Reversal (Market Manipulation) LIVE Trade on the EUR/USD

Stop Run Reversal Trader Blog Post - https://www.daytradingforexlive.com/fomc-meeting-stop-run-reversal-live-trade-setup/

Last Wednesday we had a very nice stop run that occurred during the FOMC press conference. This presented an aggressive short (which I took and need to finish the video on) which is vital for predicting future price action.

With that aggressive of a sell-off after the stop run, the probability of continued follow through is very likely the next day. As such, I was looking for another short-term stop run to provide even more confidence in continued lower price.

During the European session, we had a very nice stop run of the Asian session highs. As we retested what I term as the 'failure point,' I took the short with a very tight stop loss of 10 pips.

This 10 pip stop loss produced a very nice reward to risk ratio as prices did break down further after one last false push towards the highs during the NY Session.

-Sterling

Forex Bank Trading Course - https://www.daytradingforexlive.com/day-trading-forex-education-course/

Видео Stop Run Reversal (Market Manipulation) LIVE Trade on the EUR/USD канала Day Trading Forex Live