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Writer's picturefxcorrelator

12th Mar 2019 - Forex Diary


morning all ....ive been on and off trading for the last 12 hours in truth.......with May out in Strasbourg i figured the fun would start .... overnight GBP index traded in a 50 pip range .......but nothing significant compared to yesterdays action I dont care if the legal adjustments are enough ......I just need volatility today on sterling to allow me to make money trading GBP pairs ......

8:21

so far post 6am .....I see a volatile G8 and im trying to be objective ......although i really really feel we will see a strong sterling london session....

objectivity guys ............another really tough psychological challenge for any trader

ive been working cable up from 3200 but in truth not really on my strict trading rules ....slap wrist but it worked

keep buying gbp at moment

N

12:31

hey gang .....sorry re no posts but trading on a friends platforms in canaries and unable to post much as well

ok the GBP got slapped hard on the rumourmongering ahead of the vote

so like every other sensible trader following trend i sold it ......i was conservative and didnt start shorting cable until 3200s

it lowed at 3000s some 200 pip selloff ...........superb !!

anyway its rallying at moment .....3090 and nothing really offered to me to sell yet .....

so.......we finally got that cable selloff based on last weeks bear action ....took a while though !

13:24

given the high volatility levels of cable I am really just looking for fast setups and smash and grabbing pips

theres a clear range at moment from 3100-3070 so im playing the resells when offered ......

14:51

cable now pulling back .....from 3100 - 3140s......still trying to find a window to resell


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