Uncle's Trading Journal

Stayed up and took a short at 1.4472 - that was closed and reversed long at 1.4475 and then closed at 1.4482..

Account value is 19,942

 

Short 625k at 1.4507 -- out at 1.4501.. went up too much too quick..

Account value 20,148

 

Another short 1.4500 - stop above 1.4505 target low 90s'

 

hit stop but quickly reversed (or more accurately i gave it a couple of seconds) closed out at b/e

 

Feels like lots of volume but price not going anywhere -- will take another short in a couple of pips

short at 1.4507 stop above 1.4511 -- target back below 1.45

 

Out 1.45005

 

ranging 1.45 - 1.4510 -- will break out of range soon no feel for which way -- 2am approaching -- not sure if any volatility specific to 2am / European traders / don't usually trade this late -- will step aside for a couple of minutes..

 

Ok nothing of note at 2am.. still in the range 1.45-1.4510..

 

getting late -- it feels like a shotgun is being loaded slowly waiting for something to shoot at.. will observe the breakout and then will call it a night, this time for real..

one observation is that the change in size as as my position size has gone up is making me trade any differently.. just focused on the number of pips and agnostic/unaware of P&L..

 

I've decided that I will try to get long here -- if it trades below 1.45 and I will have a stop at below ~1.4493