r/Forex_Reddit

EURUSD Daily: Pullback Setup into Premium FVG Zone 📉
â–˛ 7 r/Forex_Reddit+1 crossposts

EURUSD Daily: Pullback Setup into Premium FVG Zone 📉

On EURUSD price printed a fresh lower low (LL) on the Daily timeframe, confirming the overall bearish flow.

Right now, I'm waiting for a healthy pullback into the highlighted yellow zone (~1.1500 area) before looking for short execution. A few key confluences line up right around this level:

  • Daily FVG: Unfilled imbalance waiting to be rebalanced.
  • Premium Pricing: Sits right above the 50% equilibrium level of the recent leg down.
  • Volume Profile: Noticeably low volume node through this area, meaning price should move through it relatively smoothly back into resistance.

Not forcing anything here—just keeping this on the watchlist and waiting for LTF LTF confirmation if price reaches our POI.

What are your thoughts on EURUSD this week? Drop your views below!

#EURUSD #Forex #SMC #ICT #TradingView

u/PipEcho — 10 days ago
â–˛ 3 r/Forex_Reddit

High-leverage execution on majors: where better?

Testing a short-term intraday strat, with tight SL, for GBP/USD and EUR/USD. For it, higher leverage is pretty good (if the SL holds, and there are no gaps down).Standard brokers seem to offer me just 30x, which is very lackluster. Its not worth the effort, seeing my backtest results. Would want at least 200x, for it to make sense for me to wait for the setup and execute.

So my question is: where should I go with this strat? Seems like the options I have are offshore entities, or something crypto-related, with USDT funding, like Primexbt. Others I checked either don't have FX at all, or have like 10x - 30x on Isolated margin, which I just wont spend time on.

So what would you recommend, if keeping in mind:
- I need high fill quality, and no slippage on my tight SL.
- Whats better, the futures or CFDs, for this?

Any comment if you were in a similar spot, welcome.

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u/_void_signal — 9 days ago