My overall direction is Bearish since I think the DXY will go up after the fed meeting. That being the case, I feel a good entry will be up around the 90 area. IF it doesnt blow right through i'll be looking to get in around there.
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If the next candle closes above the demand zone, I might even take a buy and ride it up and back down. Just being patient
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Took a buy at 1781 with a SL of 1777 and a manual TP target of 1790 (depending how it goes). I'll be implementing a trailing stop to try and get to a break even trade asap.
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Moved SL to 1779. Not really seeing the momentum I would've liked to see, but its moving in the right direction
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Moving SL to a little higher than Break Even to 1782 IN PROFIT and just gone let it ride until TP.
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SL hit! I'm not sure if I should of kept my original SL or went for the BE. We'll see in hindsight. I stuck with my plan & got into a free/profitable trade that didn't go my way. I can live with that.
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Next stop: 1790 area for a sale!
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Price is moving into the 1790 area like I predicted so i'll be looking for momentum to slow before finding my entry.
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Blew right through it! Got in @ 1810 SL 1816 No TP set as of yet
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Got stopped out boo hoo! I feel like I was just a part of a black swan event lol
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Still bearish awaiting the fed decision
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Got back in on a sell @ 1810 SL 1816 Manual TP
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Looking to TP @ 1804 near previous structure. Definitely dont want to be in a trade once this news hits.
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