Nice one

Intraday price action trend trading

Thanks, I didn't get all this impulsive/corrective stuff before. I just saw folk going short before the channel turned down and wondered why they did it. Now when I see an impulsive move I'm ready and waiting. Did you take that one too?

Intraday price action trend trading

Yes, I went short USDCHF on the close of that last up bar and I'm out now with 20 - didn't want to risk a bounce off the big number.

Intraday price action trend trading

I feel uncomfortable trading now we've seen such big moves. Might call it a day and hope is settles down by tomorrow.

Intraday price action trend trading

Yeah, that's true, shouldn't be greedy. Just glad to be up really after such a volatile morning. Today is crazy isn't it? First day of month I suppose.

Intraday price action trend trading

Just 27 so far - bit disappointing really considering the movement today. I'm beginning to think I should just try to get as many free trades going as I can with as low a risk as possible and close the ones that are still running towards the end of ...

Intraday price action trend trading

It might be an inside bar but it does exceed the last bar high by half a pip. This is in the kind of area I'd be trying to take an inside bar short but the big exhaustion down bar probably makes this a risky trade.

Intraday price action trend trading

Inside bar on GU. Short anyone?

Intraday price action trend trading

True

Intraday price action trend trading

GU reacting to 4888 daily S/R level - could be nice short? Stop way too big for me at the moment tho.

Intraday price action trend trading

Thanks for confirming. I've just checked another chart provider and it was a data issue - shame as it was a beauty.

Intraday price action trend trading

I can't find the inside bar on GU. Could be a data issue. Is it just the body that needs to be between the high and low of the last bar or the whole candle? Thanks

Intraday price action trend trading

You probably do well to stay in. I tend to take profit between 2-3 times the risk. I'm a bit jumpy as I've left a few on the table this morning.

Intraday price action trend trading

I like to trade near the KC too. I took the break of that EU inside bar - let's see where it goes. Edit: took 30 on it! Cheers

Intraday price action trend trading

The pound isn't giving us a chance this morning is it?

Intraday price action trend trading

You're probably right, wish I was still in it.

Intraday price action trend trading

I did too. I wonder if Sho would have taken this one? He said he doesn't like big unusual bars - they can show exhaustion.

Intraday price action trend trading

I could never figure news out. I just ignore it now and don't trade around big announcements.

Intraday price action trend trading

Thanks MJ. I was watching that pair but didn't see enough of a reaction to convince me to pull the trigger. Nice low risk trade though!

Intraday price action trend trading

Did you go short on the close of that big green up bar MJ?

Intraday price action trend trading