GBPJPY Breakout scalping

7 апр. 2023 г.

Looking at tow key levels on the chart, using the 5 minute and just taking a breakout above or below the level

Short 8-12 pip stops with next level target/exhaustion of the move

Quick trades, may open and close a few times, market entries, tight stops, low risk. All stops will adjust to the exact base of the breakout candle, + 3 pip spread for shorts

Enter, it goes, great, it don't goes, cut it immediately

Break must happen with momentum, otherwise, adjust the levels


Overall looking short for downtrend, but just taking breaks up or down, because the market can change at any time, and this is speed trading so not going to super analyze it, just KISS it

7 апр. 2023 г.

Заметка

Yesterday's stats on this pair are
1 good win
2 could have been better but a little
19 loss

Total net gain 2.6% on account (risk management : 101)

Each entry stats will post on the closing to track, using the 30 min to post the idea so I can log it here somewhat relevantly, but take the fast pace into account for the multiple trades, this will probably be 3-10 trades, depending how it goes.

7 апр. 2023 г.

Сделка активна

Market 163.895 11 pip stop

7 апр. 2023 г.

Сделка закрыта вручную

It don't goes, stopped at -2.7 pips

7 апр. 2023 г.

Заметка

Just keep doing this, and when you get the right one, you'll know it, because it will go immediately and not come back'

7 апр. 2023 г.

Заметка

This pair does play fairly nice with engulfing reversals on the 5 minute, but I don't want to risk for that.

I want the big one. You know, the one that turns your stomach when you anticipated the wrong way, that one

7 апр. 2023 г.

Заметка

I suspect a stop run up then charge down is coming, I;ll take the break but it runs back I cut right away because risk saftey first

7 апр. 2023 г.

Заметка

Sell at the ready, momentum acroos the heavy up line on this leg should drop fast

7 апр. 2023 г.

Сделка активна

buy 164.059, 8 pips risk

7 апр. 2023 г.

Сделка закрыта вручную

No go, -5 pips

7 апр. 2023 г.

Заметка

W retest too close, not shorting

7 апр. 2023 г.

Сделка активна

Sell

7 апр. 2023 г.

Сделка закрыта вручную

Close but no cookie, getting sleepy but the time is near, so it'll all come back and some with one hit

7 апр. 2023 г.

Заметка

-6 more pips, only out 13 pips so far.

7 апр. 2023 г.

Сделка активна

Buy

7 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

lose 5 pips

7 апр. 2023 г.

Сделка активна

Buy again

7 апр. 2023 г.

Заметка

Risk free, it goes or it don't this trade is safe

7 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

Stopped with no change

7 апр. 2023 г.

Заметка

Account started at $15.58, currently $13.58, 20 pips fixes it and the rest is profit, I will catch the right candle eventually :) risk management 101

7 апр. 2023 г.

Сделка активна

Buy

7 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

-12 pips
Not giving up

7 апр. 2023 г.

Заметка

We get trhough here a little higher that should be it, tweezers from yesterday here so holding it back to well

7 апр. 2023 г.

Сделка активна

buy again

7 апр. 2023 г.

Заметка

Risk free and running now

7 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

Trail stop hit for 11 pip gain

7 апр. 2023 г.

Сделка активна

sell

7 апр. 2023 г.

Заметка

messed up, break even

7 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

wanted double placed singles they spread out :/

7 апр. 2023 г.

Сделка активна

buying

7 апр. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

-10 again probably need to go to bed and get new york session, asian range put me to sleep

7 апр. 2023 г.

Сделка активна

Buying in demand zone, I'll finish the results in the end, too many updates to focus on the price action too

7 апр. 2023 г.

Заметка

No success for profits, but risk management is solid. Stopping here and reset next week, - 5 dollars , " 'tis but a scratch" -Monty Python