AUDUSD. Leading in to LDN Open AUDUSD broke to new highs. That ended up being a probe and collapsed an hour into the session. I stalked a short on a failure to reach the 0.9392 high. I tried a 76 entry at 4:16pm when it stalled. That refused to drop. I felt I could've cut it when I didn't feel any downside pace, but I stuck with it and got taken out at -5.
Another failure occurred at 4:45pm and just to be sure I waited for another stall, got in at 5pm @ 77. The trade started well, but no volatility - it felt like getting P1 at +4 was a miracle. I considered whether to move the stop for P2, but assumed this was my best shot at a runner if it actually wanted to go somewhere so I risked the +4 to keep the stop out of the way.
It barely tested my entry and then trended for the next 40 mins. Exit was a tgt of the previous 30m DB lows rather than trying to trail it for a homerun.
EURJPY set up a 30m bpb short while I was managing the AUDUSD trade so I didn't catch it - as long as I catch one or the other.
GBPUSD set up a similar 30 bpb 30 mins later. I was in based on a 3m DT + tst, but missed the actual
entry 10 mins earlier, but because the mkt was still there I took the
entry anyway. The trade started well and was +4 in favor after 12 mins, but I wasn't filled so I took +3 instead.
The next four 3m bars tested my entry and could only get 2 pips through me so I looked for decent continuation. By 6:39 it was starting to head back in favor. However, the 6:42 3m bar closed as a hammer and a HL. A quick look at the 30m and the whole move down looked more like a breakout failure - the clue was the strong way the retracement came back erasing the 2 hard 30m red bars that tried to breakout. I scratched P2 and quit.
Summary: 2W for +7 overall.
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