Price action momentum trading

HERE

UPDATE

EURUSD TRADE

I tried this strategy on Oanda demo account. Here is today's NYO results.

Enter short($1.30336) on 2nd 5secs candle. Got stopped out at $1.30360.

-2.4pips. Screen shot below. Feel free to comment.

http://i39.tinypic.com/50ld10.png

Alright I am short

Market is impacting a higher time frame support point. But we have way more sellers in the market and momentum is short. Had bullish players showed me they had interest at holding support I would be long. But the short players are the once pushing so I am going with them until proven otherwise. If buyers decide to take over I will join them

Closed it with a tiny loose ...seems like the bulls are trying to make a stand at this support. If large momentum comes in I will buy.

seems like strong bullish price action is coming in, if we get enough bullish price action I will be willing to invest again. For now we are sideways at a battle zone.

Alright the buyers at the support have confirmed me that they are the once in control...I am now a bull in this pair waiting to get triggered. Depending on how price action develops I will consider changing back to the bears or start buying .

I am currently long...

I will watch price action as it develops...if needed depending on the movement I will move up a time frame if we start getting choppy in the market.

Currently short in this trade ....had to move up a timeframe as the PA on the smaller timeframe was becoming a bit not trusty do to its desire to range.

Alight I have reduced my risk in the trade....

Since the sellers are not being able to really get this pair moving .
Due to such movements I wont trade unless price breaks out with huge momentum out of the entire range (seems like it might not happen today)

Seems like the market is finally absorbing the buyers at support.
Due to the slow market conditions and sideways movement over all.

I will be taking partial profits at the next battle pressure point coming from the trend line if we can push to that point. Since all the battles between buyers and sellers have been close I will make sure that if I take another entry today that the direction I choose has alot of momentum even if it means to miss a trade. Since the market is trying soo hard to stay at a range.

I have now taken partial profits

Will be holding on to the rest of the position stop is now at break even on the short position.

Alright I am now out of the trade....

Will resume trading tomorrow

Currently long the eurusd

Seems like we might be having a trend reversal today...Market has left the small range

Have Closed halve of my trade now ....I am currently up a bit over 1 to 1....its now a free trade.

Alright the market is now pushing higher in my direction

I will continue to hold trade and maybe add to my position as we trade higher.

Stop is now at break even in the remainder of the position.
I will look to take majority of the remainder of the position at the down trend line.

Currently long in this pair...

Using a pretty small stop...

Will be looking to be aggressive with profit taking and moving my stop to break even.



Still holding the Eur/Usd will be watching price action when the candle closes .
Hoping for no long wick to the upside

Closed 1/4 of the remainder halve position in the eurusd when the 4 hour candle closed and moved stop up to protect some profits in the position.

Will be looking to take more profits as price gets to the next trendline or move stop up.



Still holding my long position in the USDCAD

Reduced my stop by a few pips will watch price as it progresses.

Alright took a lost on this trade still managing the eurusd investment .