Fx futures Journal

Quote from Buy1Sell2:

I was not confident in it since it was a very short term chart. Turns out to have been good to stop out there.

Short just now at 120.91 buy stop is at 121.24 (GECM6)
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stopped out earlier at 121.25 loss 34 pips


new short here 2 units 121.11 stop 121.56
 
Quote from Buy1Sell2:

stopped out earlier at 121.25 loss 34 pips


new short here 2 units 121.11 stop 121.56
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still short the 2 units. bearish divergence on hourly charts at 7 PM with MACD and RSI. I did not add at that time. I will stick with these 2 units for now.
 
I will be trading now during US Hours for day trades. Much like my ES short term trades, I am a learner here for the intraday variety trades. Looks like a nice RSI double bottom on a 12 minute chart here for GECM6 along with a Bullish divergence.
 
Quote from Buy1Sell2:

I see the possibility that the divergence was not strong. Short here at 122.38 stop at 122.57
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Closed out at 122.17 profit 21 pips

Long here at 122.17 RSI and MACD look strong on hourlies
 
Quote from Buy1Sell2:

Closed out at 122.17 profit 21 pips

Long here at 122.17 RSI and MACD look strong on hourlies
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sold at 122.02 15 pip loss. Sidelines for now.
 
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