07:55 NFP Friday!Currency Data now:
08:02 it appears that we will hit the TP2 of 1.35675 on GBPUSD today.
09:42 back from School-run and look at that, GBPUSD reached the TP point with no drawdown, that would have been a beautiful trade, but well can not take on everything.
09:50 Buying USDJPY on the pullback
09:50 I just re-checked the M30 charts and see there is a minor resistance line, where price does tag along quite some time already, the position needs to stay small because there can be a pullback before the target of 112.875 can be reached.
10:02 Massive Volume is building on USDJPY the DoM shows Purchases, there will be a lot of stops hit in a moment.
10:03 Price drops massively as expected .. double the position manually twice.
10:03 exit a few seconds later with a 0.562% gain the whole position (which was afterward a bad idea as the original trade is still valid)
10:30 just updating the Blog here, and while doing so .. USDJPY makes a perfect retouch of the vWap .. that would be a beautiful chance to re-enter the original trade. but now it’s too late (again)
10:39 re-buying USDJPY .. for 112.875 / 112.925 (very late) will scale in once it does go somewhere…
11:12 USDJPY Pulling back too far, hedging 100% of the position.
11:15 Reversing hedge on USDJPY (maybe too early) realizing a 0.36% loss
11:38 change TP to 112.889 area on USDJPY
12:43 exit USDJPY trades Early gaining 1.668% which turned out about 30 secunds later to be kind os a stupid decitionespecially after i mentioned in the Chatroom that the volume is starting to build up.
the following wave did miss my TP by just 0.6 pips.
12:49 placing another scalp order on USDJPY just for the ego to fill my old TP
13:02 guess what? exit early again, and like 10 sec. later .. this happen
anyway, gained another 0.229%
Total Today: +2.099%
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