if only i had held my trade for 8 more minutes my TP would have been hit hahaha. I guess 1 hour really was too much.

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Manually closed my trade for 8 pips profit thought i do expect it to go lower but i wish to respect and train myself to abide by my own rule of closing trades an hour before a major news. Edit: I might have to revise this rule though, 1 hour seems a ...

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OOOOOOHHHHH. Okay that does make more sense HAHAHAHA.

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Well experiment sure is working fine it seems LOL. Damn, gratz to you bro. I gotta learn to scalp one day too. But gonna stick to longer timeframes for now hahaha still too new a trader to try scalping i think.

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516 pips????? How in the hell??

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This has been a reaaaaallllyyy slow and uneventful London session. The temptation to close my Sell trade grows stronger as time goes by and we get closer to US PPI news. Well we still have some time to go so hopefully something happens.

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Sell 1.12808 TP 1.12646 SL 1.1295

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YYesssss i agree hahaha, i have been waiting for a chance to enter for quite a while now. I think daily pivot would be a safe place to put TP.

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Here is what i am seeing, despite that major bounce off the 61.8% it has yet to make new High. Granted that it was quite late and it may not have the strength to do so, but if it doesn't then it can't be considered a "retracement" move as the end of ...

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And if i had held on to the trade i would have made another 10 pips. I was wrong this thing still has quite the juice in it.

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Maybe, but i also made 10 pips off that upmove from the 68.2% retracement. Also, if the current H1 candle closes above the H1 Bear candle it could form a pipe pattern leading to a nice boost. Maybe NOW isn't a good idea since it has already begun ...

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I suspect it is going to range for quite a bit, but i am hoping to see a bullish momentum divergence either on the M5 or M15 chart. That would be the ideal scenario.

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Strike that, 1.12355 certainly gave strong resistance (M5 Doji) 1.1223 next? maybe? Or will the 1.12355 be a false breakout. Will wait till price has stalled before making any trades.

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Maybe down to 1.1248? Even 1.1235/6 is possible.

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5 red news within an hour, plus NY opening. Hopefully they don't cancel each other out and we get to see some volatility!

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I had a long at 1.1272 but i closed it for 2 pips profit, getting too close to news time (i tend to stay away the hour before a major news) and upward momentum seemed to have slowed quite a bit. (RSI divergence possibly forming on M15 chart)

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Sell 1.12696 SL 1.12858 TP 1.12512

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Glad to know that i am not completely wrong! Yes must have patience and see if it actually is. I would feel more comfortable if it closed below the previous H1 candle low (1.1268) though, then i would have enough reason to believe that it is exiting ...

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Maybe a Head and Shoulders forming on M30 chart? I don't know maybe i am seeing things. Especially since it hasn't formed yet hahaha.

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Price seems very determined to stay in its specified region, was hoping for it to drop down after touching the 38.2 fib at 1.12848 but it is still staying. I doubt there is enough push left for it to do so as we are nearing London close. Might have ...

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