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Better shaken out than on the wrong side of the spike with a loose stop :)

Haha, made exactly the same B/E trade. Still not sure where this baby is headed.

Appreciate the encouragement yoohoo. My trading is definitely becoming more fluid due to what I've learned from the thread. It takes a while to unlearn old ideas and assimilate new ones, but it's starting to happen.

Out @B/E

Long at 5518

Out for 10 pips loss.

Short again from 5512. Bigger position size than usual...

Squared for 20 PIB.

Short from 5546 with a tight stop. Rationale: good R/R if this was the top, looks like horns on 1 min and there is often a reversal this time of day.

Afternoon everyone. This morning I looked at the chart and was almost about to take the long which became the nice rally yoohoo referred to...but trading before the London open is not part of my plan, so I didn't. Would have been a nice start to the day! Still, we will see what this session brings.

Can anyone say "whiplash"? The direction from here is unclear right now.

The 138.2 fib from yesterdays' daily bar gives 1.5309. Exactly where we bounced. So I'm long barring a break of that.

I'm calling it a night guys. My first week trading the Intraday FX Player (tm) way was nerve-wracking at times as I sought to constantly monitor multiple TFs and relearned the importance of TLs. But I ended up a lot wiser, and in the black to boot. Thanks to those here who have helped me so...

Out @5398. Good entry but not so good an exit. Thought there would be more gas in the bounce there. Yoohoo, wise words on fear there. When you feel it, the fear is telling you something, that's for sure.

Long @5388

Out @ 5419 for +28 pips

Thanks, recently I've been starting the day with a loss so locking in a few pips now has put a smile on my face :D

Short @5448. Tight stop as 10-15 pips upside will indicate 4hr channel break. Looking for retest of yesterday's lows.

Evening folks. We will see what happens at the TL at 1.5384.

Nice wedge breakout action.