DislikedYou have no chance scalping M5 or lower where you go head to head with the machines. They will skin you.
At the same time there is an excellent opportunity now in betting on a breach of 1.5 in EUR/USD. Experience comes into play in knowing how to do this so that you are not mopped up if this does not happen eventually or if the road there is more complicated (visiting 1.44 before for example). My technical and behavioral analysis got me in at 1.45, so it's a low risk trade for me now. In fact, I will exit slightly before 1.5, no need to take chances...Ignored
Though I am confused on the 1.5 being bet as the next level. How to actually arrive at such conclusion? Understanding a longer term flow is something I am lacking and leaving pips on the table......for example I had taken a long from 4380 only to close it around 4525 denying me the run till 1.5...