Reaching a monthly pivot with structured support. Looking for a bounce. SL set to break even at 1 unit in.
Speculative play. Taking a chance on this short while in resistance zone and daily pivot are in the same area. Counter trend...trade with caution. SL to break even 1 unit (10 pips) in. UPDATE: Market made a quick move already. SL set to break even.
Had this short placed while transporting to work after the quick bounce off the 15/50 MA and previous structure support. SL is already set to break even. UPDATE: Mistake in making this a 25pip risk trade, would have been profitable if I stuck with my plan to use 15 or 20...but breakeven is the result non the less.
Playing off the .618 bounce and new support. UPDATE: Quick spike down. Still like the play but I can't win them all.
Hard to publish these ideas quickly while news is out but good US data but not good enough to push too far ahead. SL at breakeven at half the distance to goal. UPDATE: At SL breakeven point. UPDATE 2: This trade was too quick. About 50-65 seconds. I might not publish trades during high volatility time, even though it's a great trade, it's a bit unfair to track...
Expecting the short term resistance to hold up for a bit. SL to breakeven 1 unit in. 1 unit = SL in pips. UPDATE: See the importance of creating a breakeven move to protect your run. Trade was 41pips in before it took a turn for the worse. This is why my 3 step trade plan is Trade, Protect, Profit.
Bouncing off daily support and monthly resistance turned support.
Bouncing off a resistance point. UPDATE: Moved SL to breakeven. Risk free.
Looking at the 0.764 bounce. Original idea nearly died but before it did...I realized my 240 trend line didn't sync...I readjusted my SL by 5 pips at the double cross. UPDATE: Idea lost anyways. #KanyeShrug
Speculative long off the 1.618 reverse fib extension and support. UPDATE: Stop-loss moved to break-even after reaching 1 unit according to my scalping rules. Risk free fun from here on in. UPDATE: Ended up taking profit a bit early at 2.33:1 risk/reward because I punk'd out and want to get some lunch in peace.
Speculative long play off multiple support lines in sight. UPDATE: EU went down to touch the hourly trend line (blue lines) which would have been a better entry. Should have played it patiently. UPDATE 2: Setting SL to break even. Risk free trade. UPDATE 3: Target hit. Great opportunity to turn this scalp into a swing trade if held.
Looking for a quick retracement back down to the .618(second fib) after the run up to the .764 (first fib). UPDATE: Poor choice at a low volatility time with so much downside.