Formedzeus

price action only

Long
Formedzeus Updated   
EIGHTCAP:GBPJPY   British Pound / Japanese Yen
going 1 order, will try this out, UK market might pump xau to retry top. we have higher high on xau 1hr
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i have a stop market order on this trade
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GJ i mean, not xau
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198.499 to 198.453 looks pretty strong
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but after this will be more careful, cpi new news on UK doesn't look too good
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i mighi might watch this 15m close, maybe close early
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it might want to push 1 more time down before deciding what to do. 15m not looking too healthy
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15m we got same high, but lower low
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maybe inverse shs? if so, i'll change my sl to 198.388
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maybe inverse shs, i'll hold, maybe not best, but yesterday had a 14R win, so im way way up, if lose this will lose 1.5r
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we got some small news coming up, maybe that can help push to tp.
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we gotta watch out for FOMC, in 3.5 hrs later
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i might just do a trailing sl, on each 1hr low. from here. if cpi news is good, i'll do that and hold. yesterday's fomo hard pumped GJ, might happen again
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1 thing for sure, is that there is absorption, past 11, 15m candles, 10 candle delta is - and not +. but price action 15m still going up.
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if can't break on this 15m close, mayb ei let go
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regardless of news, as mayb ei'll just renter it later
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i closed first, took it. 2.5R
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was on 2x orders
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news is bad, good i got out
Trade closed manually:
after fees about 2.2 R profit.
Comment:
news is bad, fomc coming up too. might stay away from GJ for a while, might look for a short on xau tmw or day after tmw.
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damn, could have 4.4R but win is win, going to stay out of fomc
Trade closed: target reached:
lol

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