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GBPJPY Breakout scalping

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Looking at tow key levels on the chart, using the 5 minute and just taking a breakout above or below the level

Short 8-12 pip stops with next level target/exhaustion of the move

Quick trades, may open and close a few times, market entries, tight stops, low risk. All stops will adjust to the exact base of the breakout candle, + 3 pip spread for shorts

Enter, it goes, great, it don't goes, cut it immediately

Break must happen with momentum, otherwise, adjust the levels

Overall looking short for downtrend, but just taking breaks up or down, because the market can change at any time, and this is speed trading so not going to super analyze it, just KISS it

ノート

Yesterday's stats on this pair are
1 good win
2 could have been better but a little
19 loss

Total net gain 2.6% on account (risk management : 101)

Each entry stats will post on the closing to track, using the 30 min to post the idea so I can log it here somewhat relevantly, but take the fast pace into account for the multiple trades, this will probably be 3-10 trades, depending how it goes.

トレード稼働中

Market 163.895 11 pip stop

手動でトレードを終了しました

It don't goes, stopped at -2.7 pips

ノート

Just keep doing this, and when you get the right one, you'll know it, because it will go immediately and not come back'

ノート

This pair does play fairly nice with engulfing reversals on the 5 minute, but I don't want to risk for that.

I want the big one. You know, the one that turns your stomach when you anticipated the wrong way, that one

ノート

I suspect a stop run up then charge down is coming, I;ll take the break but it runs back I cut right away because risk saftey first

ノート

Sell at the ready, momentum acroos the heavy up line on this leg should drop fast

トレード稼働中

buy 164.059, 8 pips risk

手動でトレードを終了しました

No go, -5 pips

ノート

W retest too close, not shorting

トレード稼働中

Sell