Late start for me.
All intraday trends down and it is hitting S3 (145) for the last 90 min. Tempting to go short if it breaks below last low (despite being round 160 pips from the day's high)
That was short short. Just realised after opening it that there is TL under 4h lows near by.
Now waiting for a trend change. (TL is from the beginning of March and was sort of violated for a short time, but it seems like an important line for some reason)
All intraday trends down and it is hitting S3 (145) for the last 90 min. Tempting to go short if it breaks below last low (despite being round 160 pips from the day's high)
That was short short. Just realised after opening it that there is TL under 4h lows near by.
Now waiting for a trend change. (TL is from the beginning of March and was sort of violated for a short time, but it seems like an important line for some reason)
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I should pay more attention to lines I drew earlier (that one I drew 2 weeks ago and it's still there - luckily)
When I saw that closed it immediately at a small profit.
I haven't traded for a week or so, hence this lack of concentration.
trendie
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does anybody bother to trade after 10am??
it may well be my over-active imagination (maybe not, as others have said similar), but the morning range seems to be the sweet-spot. In that, the pips-made to time-taken is good. (pips made in least amount of time).
Have been aware of opening session times, but never realised that my other trades tend to meander more to target/loss than the session-open trades.
Euro-session for me = 5/6am-10am.
The US session ones are good. And for the JPYs, midnight-2am seem to be the sweet-spot there.
anyone else?
it may well be my over-active imagination (maybe not, as others have said similar), but the morning range seems to be the sweet-spot. In that, the pips-made to time-taken is good. (pips made in least amount of time).
Have been aware of opening session times, but never realised that my other trades tend to meander more to target/loss than the session-open trades.
Euro-session for me = 5/6am-10am.
The US session ones are good. And for the JPYs, midnight-2am seem to be the sweet-spot there.
anyone else?
I woke up late this morning. I should think it'll be worth it starting at least before 8am (preferably before 6am) if I wanted to make some nice profits without too much meandering.
Or alternatively be there round NY opening and after 14:15
IMO 12:00 - 13:00 is not the best time.
Or alternatively be there round NY opening and after 14:15
IMO 12:00 - 13:00 is not the best time.
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What a nice surprise. Had to go out at 15:30, came back and there is +40 pips on my account (it hit limit within 0.2 pip
)I left only long break - didn't like short.
Less is more - 2 trades only and +115 (nice behaviour from Cable today)
PS With the benefit of hindsight I guess I should have done better than 115. Don't want to appear greedy, but next time may apply some better rules for exit as well, so I can use nice days like today to cover for difficult days.
PS With the benefit of hindsight I guess I should have done better than 115. Don't want to appear greedy, but next time may apply some better rules for exit as well, so I can use nice days like today to cover for difficult days.
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No set up at the moment - short time stuck in a range. I'll wait for a short time up trend. For a break bellow low can't see the best entry price (could be anything from 129 to 141 and there is an up trend line at around 127 and some orther obstacles)
Long 195 stop 174
Still in a range - entered early
Out + 30 (at 12:00 int. rate decision etc, trying to avoid that sort of things)
Long 195 stop 174
Still in a range - entered early
Out + 30 (at 12:00 int. rate decision etc, trying to avoid that sort of things)
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On a normal day I would go for 250 target (247 - 23.60% fib)
I guess it was a good decision - short trend is up IMO. Anyway I wouldn't trade for the time being.
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