4H finished very bullish, so I closed my shorts, nil loss. I was distracted and went and watched Game of Thrones instead. Shame ! Anyway better than trading badly

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I opened 3 shorts hoping for end of hour retracement, but I'm really not happy with the sluggish PA, It's been a grind up and I'm not sure it's finished.

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The current candle on a chart tends to be a big fat liar until completion. Look at H4 candles. Looks like reversal, now this candle 3 hours in is very bullish. Setting up for a plunge in the last hour??

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Last yen flash crash occurred 0930 local time. It's now 0950 no crash

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Starting the day just looking at the currency matrix for 4 pairs atm - EU EJ UJ NU. Japan bank holiday today , end of the golden week, risk of low liquidity still etc. I'd really like to trade NU and stay away from yen, just watching for now. I have ...

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Stole this from Pepperstone, for reference. Pivot Points: From Pit to Platform A little-known fact is that pivot points, contrary to other technical indicators, originated within trading pits of equity and futures exchanges. Perhaps this pragmatic ...

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For my part I'd love to see Davits open trades too. I like nitty gritty , I like the whole picture. I'm interested in pivots but I hate DD, so I'm trying to combine pivots with scalping. I am no guru, and the only prophecy I will comfortably align ...

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Closed my NU trade at least 8 hours too early, yesterday I closed my UJ trades too early.. seeing an early pattern. I need to trust my momentum decision, and not stress with the retracement. BE wouldve been fine for yesterday AND today, with trades ...

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Last trade for the day. Reverse position. short, thinking it's now trapped below S61, concrete SL $3.56, Have made $24 today, happy with the risk and plan NB stopped out. Doesn't matter. Finished for the day. 2% return for the day, 1.1% return for ...

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Discretionary early close. She's a bear

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When UJ started going crazy I looked for greener pastures and was taken with EA, and watched NU. This was a gut trade whilst watching M1 , I liked the increase in volume and desire to return to heading north. If it goes above S61 I will tighten to ...

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yes indeed , very cautious. Did take 2 small trades, TP1/2 at 50SMA, other SL in profit NB it did have a little melt down , on the upside my SL held and taken out for small profit. Interesting. No longer feeling bullish. Should I sell?? Added follow ...

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feeling bullish UJ which is unusual for me. I think if it can get back above S100 after the hour it will head north for a bit. The fact that it has not had LL last 20min despite full bear candle below S100. I have a rule not to trade the last 5min ...

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There's news coming out soon so I'm going to wait and see for a bit. In the mean time I want to share a complete random left field experience. Last night I went out with my twin to take photos of ghost fungi with a local facebook group. What an ...

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I woke this am to find UJ had kept heading south and my trades wouldve survived the night with even a tight SL 2 big mistakes that I repeatedly make 1- I looked at others opinions and most people were bullish so I felt lucky to get a small short ...

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Ok. Less fluid, more concrete. Will work on it Cheers h

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A very valid point yes, and one I do tend to vacillate on. On the days I have a tight tight exit I find I swamp my trades, on the days I give them room I tend to let them move too far!!! Cheers for the reply H

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I'll just add that I'm finished trading for the day, I wont enter trades after 1pm AEST, I think of 1pm-4/5pm as the dead zone.

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Hi Michael , thanks for your reply . Yes its Davit's pivot indicator and you're absolutely correct , buying at resistance was wrong fundamentally. I'm exploring pivots atm, I hate DD so I dont subscribe to Davits thread, I prefer scalping the Asian ...

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The H1 shooting star had me wanting to abort and sell too. I should have trusted my instincts sooner. Hour changeovers ie completion of hour candle can give A LOT away. Always look at the hour candle when it's completed. I traded well today in that ...

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