I was contemplating with making that swing trade, probably I would if eur/usd broke down heavily when it broke the trend line. But it didn't and I'm adding my scalps nicely and for that I took the profit of +7.
I had one little momentum gbp/usd trade for 20 second and +3 pips.
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Afternoon session was really hard for me. I saw that gbp/usd is strong and that it's attempting to take out previous high. I just saw that some forces are in market that are pushing it higher. I'm usually scared to go long at that point because it's pretty much high. Than I fade it because it's emotionally easier and I lose.
This time I went long. It was slowly getting up as other currencies and than it broke down. I averaged when it bounced of around bollinger band on 1min t/f. Little up and than again down. On 10sec chart it's easily seen that there really are forces that are buying, but who will be the winner. I really saw that I have a chance and usually I stay in losing trade when I don't have any chance, so let's now try to stick with this one.
Than it started to ascend, slowly but without down ticks. That was it, it's going up. I was in the profit but I pushed button earlier than I should to get out. I don't blame myself. I was -30 pips 5 minutes ago. I got +16 pips on that trade. It could be 30 more in next minute on two positions but I'm ok with what I got.
Moral of the story is that I stayed with the trade that I believed in based on real market action. Too much risk for my usual scalp trading but it was going with the trend. I'm getting better. It would be all fine if I started with half of position, but I was pretty sure that the brake to the up will come so I went full.
In the end +26 pips today
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