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Not in the office! I went out for food and stayed out, with alerts set.
When all eq markets are strong bid i wont be fading anything. And it would depend on PA and internals.......price needs to retrace a reasonable amount now for any short set up....a retrace then double top for example, + internals. Looks like europe front running (or leaked info) been driving a lot of this.....let me guess.....draghi mentions they will do anything required to prop up a bankrupt region.....QE forever!!!!!
I will take a look every 30 mins or so, perhaps theres a scalp opportunity at the close, but not risking much and with just thin air below theres not much to base rr on.
...i posted this scalp method earlier in the day, it would have worked on the open and eth, i actually traded it this time, instead of talking the talk:
I sold 2 lot, it was onside immediately then pulled back and i took off 1 lot for 1 pt so i could move the other trade to BE expecting a last minute short squeeze, and then left the other to run to target [email protected] which it hit.
I lost 0.5pt trying to scalp earlier but all in all, despite talking so much about long bias and esp on HTFs, to not actually be involved for that massive move, I am pleased with the day:
Moreso, I am pleased with my patience and risk management. I will post the missed trade I thought about but didnt take tmrw.
Well done FGBL, think my price was bit below. You using footprint then? What was your target btw? Mine: prev PA.
This trade doesnt normally work when countering a trend cos obv the retest of extremes is always a high probability. It was purely cos the markets might be a tad over extended and it was eod.