Disliked{quote} Hi Rooi, the entry was an easy one to take even though the signal looked very insignificant. But given the time ~ half hour before FO; number just above that wasn't conquered yesterday plus R1 just above too; SL only 4/5. But mainly because of the time, which is why I like to start then, there will often be an awakening in PA before FO. Bear in mind FX isn't confined to the bourse opening times, lot of positioning going on before "markets" open. Plus I much prefer being in a trade when the markets do open so if there is a kick I'll be in...Ignored
I like what you said about the pre-FO and getting ready for the initial move with a relative small SL
Like you said bird in hand but Im still looking for entries and working on expanding past the FO and LO by no more than about 2hour.
Will give me just about 4 hours worth of trading for the day which on the 1 min is a huge number of swings.
I know the market isnt linear but I would really like to be able to take about 30 pips a day as a target,right now it averages out to about 20 pips a day over the month,could improve on that. Continuing past the open can have its positive and negatives but continuing to work on it
Market suck in the same type of ranges as yesterday although a bit smaller.Lets see where it goes from here.Ranges will always be area to be aware off.
We miss 100% of the shots we don't take