*yawn* 
Been gone a while. Had to fill out paperwork for my finances and withdrawals.
The past 2 weeks have been somewhat quiet for scalping; Hard to get more than 100pips in one go. Usually just adopted for hitting whatever next significant fib/ichimoku support there was. Profitable? Yes. But really annoying if you miss the timing.
Eur/usd wasn't that great in my trades; the recent price spikes up/down kept hitting my adjusted TP/SL zones, so I only got 15-35pips per trade usually, with a net lost potential profit in the dozens.
For eur/usd, I'm currently eyeing 1.0740/30 as the initial significant upper boundary before/just after this London session. but It might just drop again without even going there. And let's not forget the possibility of a spike.....But it'll be hard to make lasting headway past 1.07500 if the eur/usd is going to drop a bit in the coming hours. If it stays up, I'll wait and see before shorting.
Had a small long for the usd/jpy at 118.70; surprisingly profitable. Currently targeting 120.50 and 121 respectively, 40 pips locked in. I'd like to short the cable, but the pound sterling seems to be a bit wild what with the upcoming elections. I'll wait for a shorting opportunity.
For the glorious geppy, I've got a small short there (180.345). It's sitting right on the daily S/R for the ichimoku cloud, and is about halfway between the 100% and 61.8% fib. points from the march FOMC spike. Hard SL is 180.70, manual SL close (I've got my finger on the button), TP zone at 177.150. That's the optimal weekly target for now, so I may leave early if I sense a temporary reversal in trend and look to short the spike down.
Oh, and I find myself using less aggressive trades than before, especially with the euro and cable. Anyone else experiencing similar tendencies this week?
Update: Just added an experimental long at 1.06963. Small size, with SL at 10 pips below. TP is 1.07400, but I'm looking from 1.07300~1.07400, or anything close to that. Pretty risky, since the euro seems to be leaning towards the downtrend, but I'm hedging my bets on a small spike before that happens. Risk:Reward Ratio is about 1:4.4, so it's not bad.
Been gone a while. Had to fill out paperwork for my finances and withdrawals.The past 2 weeks have been somewhat quiet for scalping; Hard to get more than 100pips in one go. Usually just adopted for hitting whatever next significant fib/ichimoku support there was. Profitable? Yes. But really annoying if you miss the timing.
Eur/usd wasn't that great in my trades; the recent price spikes up/down kept hitting my adjusted TP/SL zones, so I only got 15-35pips per trade usually, with a net lost potential profit in the dozens.
For eur/usd, I'm currently eyeing 1.0740/30 as the initial significant upper boundary before/just after this London session. but It might just drop again without even going there. And let's not forget the possibility of a spike.....But it'll be hard to make lasting headway past 1.07500 if the eur/usd is going to drop a bit in the coming hours. If it stays up, I'll wait and see before shorting.
Had a small long for the usd/jpy at 118.70; surprisingly profitable. Currently targeting 120.50 and 121 respectively, 40 pips locked in. I'd like to short the cable, but the pound sterling seems to be a bit wild what with the upcoming elections. I'll wait for a shorting opportunity.
For the glorious geppy, I've got a small short there (180.345). It's sitting right on the daily S/R for the ichimoku cloud, and is about halfway between the 100% and 61.8% fib. points from the march FOMC spike. Hard SL is 180.70, manual SL close (I've got my finger on the button), TP zone at 177.150. That's the optimal weekly target for now, so I may leave early if I sense a temporary reversal in trend and look to short the spike down.
Oh, and I find myself using less aggressive trades than before, especially with the euro and cable. Anyone else experiencing similar tendencies this week?
Update: Just added an experimental long at 1.06963. Small size, with SL at 10 pips below. TP is 1.07400, but I'm looking from 1.07300~1.07400, or anything close to that. Pretty risky, since the euro seems to be leaning towards the downtrend, but I'm hedging my bets on a small spike before that happens. Risk:Reward Ratio is about 1:4.4, so it's not bad.
anyways, still no higher high, if one doesnt come, which im thinking it doesnt, unless homie from japan wants to discuss the coupons he clipped this morning then, im loading a short and kissing this level goodbye for sometime