Thu 09 May 19

11:52

M1 15min MAB | Sell | +1.01R

A small profit from what I think was a risky trade, but well managed.

I liked the way that price had been interacting with the 15min ema over the last few days, having got a 2R winner from a 15min MAB yesterday.

I noticed that price had already had what I would consider a strong interaction with the 15min ema today, occuring at point A in the screenshot, 10:15 GMT.

Other than that, there wasn’t much else right with the set-up. No Lower Low, no good confluence of key structure, some Role Reversal structure, but this was mainly at the H1 EQZ midline, which price had already broken through.

However, I felt that the 15min ema still had some strength left in it, and there was white space down to the H1 EQZ midline . I very nearly passed on this trade, but enetered at the last second and manually trailed my stop as price dropped.

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