Was a quick and easy scalp at 1%, Hesistated to place again and missed the whole opportunity,
The trade was taken on the basis of 1836 being met again and wick fill to occur
This Trade was meant for Intraday however due to the new 4hr (Which I didn't check) It turned into a Scalp.
Once the new 4hr got released I had gotten out of the trade as I saw a potential for a .500 retouch for it to continue bearish.
This trade netted 0.26% and its original aim was to be 1% (30pips)
Should have placed this however I hesitated to place a 1% risk for 14pips.
It is a key level and was already very bearish therefore I saw the opportunity
The analysis for this was quite simple.
Taken on the 1m for key price action
Marked my key levels and saw very little bearish movement on the 5m candles. Took it with a tight SL of just past my KL.
More of a Technical Trade due to historical levels.
-No Fundamentals at all.
The 2nd Trade was very vital and showed very good risk management as I saw a lot of...
The analysis for this was quite simple.
Taken on the 1m for key price action
Marked my key levels and they clearly broke/bounced off them. More of a Technical Trade due to historical levels.
-No Fundamentals at all.
This trade I saw to trade as it had hit my Sup & bounced, I had a 2:1 RR and still opted to not go for it although it closed within 50mins. The trade would have been nice.
GBP got pushed abit due to Matt Hancock stating that a Vaccine will appear by next year.
I woke up late, Got on screen for 9:15. Saw the opportunity and I had analysed it with 30m key levels, 4hr key levels & Saw the trend on the 4hr. Checked the Chinese Indicator to see both EUR & NZD had 4 bars of strengths so I entered. I also checked to see if any fundamental news was available however nothing so i went with the go ahead, Initially missed the...
