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I've been waiting for something to move this market so I stuck around this morning for the US numbers.
Prior to the Housing numbers I bought the Sell Number and rode it back to the VWAP. I expected a little more enthusiasm as price approached even, it just wasn't there, I wanted 1.3316, that POC shift.
I know most of you guys are not scalpers, but since there was nothing going on in the higher time frames, here's the 610T... I'm ready to bail on the last one at BE and be done for the day, in this last one for like 15 bars already, I generally hit target or stop out within 5 bars on average. Too late in the day, I'm fried.
@monpere I have a similar scalping/divergence style as you but play on a 4 Range Chart and not a tick. When you say you place your stop behind your entry bar and then risk 2:1, does that cause you to have varying targets each time or do you keep the same stop and target and make sure that the stop stays behind your entry?