Trading with 5m Force strategy, Day 20

Price was in bearish move before Tokyo session's open. Immediately before the session starts, price started to move upwards.

Figure 01: EURUSD, 5m Chart.

Here I tried to plot some Supply/Demand area. According to my plot price is in Supply area.

Figure 02: EURUSD 5m Chart

Price moved down towards the area of Demand and get back towards the Supply area. 1st pull back from the supply area was the good short entry point where risk was minimum and proft potential was greater. It's accoding to the SAM SEIDEN who is one of the great online fx educators.

Figure 03: EURUSD 5m Chart

Look how price came back to the area of demand. These patterns are the area of potential earning if can be plotted rightly.

Figure 04: EURUSD 5m Chart

During NY open, price reached the upper supply area. Idially first pull back from the support/demand areas is low risk hight profit potential area for taking a position. But I took short here.

Figure 05: EURUSD 5m Chart

More than 1 hour after NY open a Long signal came. Took it.

Figure 06: EURUSD 5m Chart

Got some good pips. Another good long signal came at the end of London session. Got some good pips there too.

Figure 07: EURUSD 5m Chart

I lost couple trade also for 4-5 pips but lost due to myself... pips were there. I used tight s/l which caused my s/l getting hit twice. Otherwise they were winners of good pips.

Now to bed. See you next time.