Fx futures Journal

Scalped the Pound on the breakout at 9:00 AM for about 11 pips or so. The daily Pound Chart is showing a candlestick bottom formation. MA resistance at 1.8797 initially so I will watch to see if it keeps moving higher or pulls back/stalls, give or take 50 pips :)

For those looking to get long again, you can enter now at 8782 with a stop below 8770 and let it run the rest of the day. Thinking about it myself....
 
I just shorted the Pound futures at 1.8772. Since this is on the 15 minute chart and runs counter to the 60 minute, I will have a profit target of 1.8730. :)
 
I am flat right now lol.... I entered that long on the Pound I mentioned above and was stopped out. Still net positive for the day from the first Pound scalp.

Short-term bottom in the Pound formed on the 5min charts. Looking to see which way it runs. Euro also may have a short-term bottom but it is weak overall so may look for short opportunity.
 
My trades are running a bit against me --both Euro and Pound. some of this is to be expected, that is up and down motions. I will hold the short positions for now. I don't think I could realistically get out of the Pound short, the way the 15 looks right now.
 
One thing to note here/ It's less stressful for me to hold through heat periods due to the fact that I believe the weekly chart will be bearish soon. I believe it is bearish enough for my tastes now, so I can hold. :) If it were the other way around, and I had a long weekly bias, it would be different.
 
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