FOMC // Trading the speeches (scalping idea) on 1.06
Updated
Hello!
Dudley and his governor friend George are out to speak in less than 25 minutes and the US market and EURUSD is not making a noise since. At least on Minute 1 chart I don't see anything that catches my eye, but we should see a fine spike on M30 if it reaches 1.0600 (roughly) and take advantage of that. I'll show you how and I will be updating this idea as time goes by!
Thanks for checking this out.
Dudley and his governor friend George are out to speak in less than 25 minutes and the US market and EURUSD is not making a noise since. At least on Minute 1 chart I don't see anything that catches my eye, but we should see a fine spike on M30 if it reaches 1.0600 (roughly) and take advantage of that. I'll show you how and I will be updating this idea as time goes by!
Thanks for checking this out.
Note
I haven't opened a position yet, I'm standing by for an upward spike.Trade active
BOOM! what a spike! Sold EURUSD on 1.06148 and my position is up!prntscr.com/d8vdpo
Trade closed manually
This is the best trade I've had in days! Hell yeah, 350 pips (trading Minute 1 chart) !!!!prntscr.com/d8vjsh
It went short as mentioned. Now enjoy your profits :D
Trade active
Reached target 1.06034, it went short all the way as stated.prntscr.com/d8w0n1
I'm opening another short position to scalp with 1 lot. Hope I do well.
Trade closed: target reached
prntscr.com/d90f6hHey, well, not exactly target reached. It moved lower for 30 pips extra, but at least it was money... right? :D
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