I was short at 50 EMA and this is the close of the first part (1/3) of the position.

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Max risk 12 pts. Half closed @ 50.9, the rest of the short ladder position closed at 38.9. Net profit 41.1 pts. R/R 3.4

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20 minutes are more than enough.

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Nice entry. Almost 20 pips in 10 minutes.

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When the EMA concides with swing hi/lo it is better. Sometimes when the price move is stronger entries could be made only at EMA.

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Short was based on previous swing high + EMA. Long was at 20 EMA. Better entry was swing low + 50 EMA. The оnly reason to close the position were the UK inflation data and of course the 40 pips profit.

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Last part closed for 41 pips profit 9 minutes before UK inflation data

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Stop at +1p

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Yesterday's sell of was due mainly to Cross/GBP action. Today I expect short covering.

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Perfect set up but the downside price move was exhausted already. Needs deeper corection.

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The banks have all the info about the order flows.The only thing bank traders care are their bonuses. They use the info about the orders not to do harm to the other traders, but just to make money. Stop gunning (hunting) is done for two main ...

How banks push price against you?

Waiting fo the NFP url

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Absolutely. Nice trending price moves are rare. It's not worth it to give up profits. Although I prefer to close the position in 3 parts. You never know if this isn't the beginning of a new trend.

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Hi Behzad, I can define your style as swing trading on 1M chart.This is probably the best for the current low volatility environment. Hope that when the FED stops the printing machine the market conditions will improve.

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Dealers and fund traders care only about their bonuses.

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They just nedded better levels to sell and some liquidity

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Just stay out of the market today. It's not worth it.

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Volatility trade from yesterday. Long ladder closed in 3 parts at 40.6, 64.7 and 81.5 pts. Average profit 45.7 pts. Initial risk 16.6

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Excellent early STE

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