Second I tried to play range in gbp/chf but it went against me. Later I gave it again chance for bigger profit but I got shaken out.
Finally in gbp/usd I gave up on idea of swing trading and took nice profit.
It would be better if I took scalp on all three of them.
+9 pips
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2 comments:
it was a very slow day for me FX... Range is the perfect word. I basically had to abandon my normal approach and sell upspikes and buy downspikes. made only about 5 pips total today... Hopefully next week will end all of this volatility! Have a good holiday. -Orion
Yes, this month is so slow I'm not used to that. My signals are based on showing of market strength immediately in one direction. Now it's 5 times slower and I just can't read that well. Like first euro trade it took market 5 hours to make 50 pips I wanted that in 30 min or so. Than with this kind of market I go for swing and don't take profits fast, silly me.
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