Forex Diary 4th Feb 2020

great morning ......GBP just kept selling from 6am 



9:00


gave away 3-4 pips on 1 failed scalp as cable has retraced .....its back at 50% of 6am opens now ....lets see if Fibonacci has any effect on resells 

N


9:04

17 pip bull bar on last 5min cable ....that will attract a rebound 


wow.....that didnt touch the sides ...buying from 2988 already 


that was a boomerang play ..........a big bar followed by weak retrace .....then pile back into the push 


already been to 2999......im not saying ot will fly now ...jsut making 5 pip scalps at a time  


current 12 bar ATR on 5 min Cable is 10 pips ....that means i am comfortabley able to make 5 pip scalp inside 1 bar .....thats volatility i like !!!!


cable has tried twice already this morning to push back on the bear move from 31st Jan .......as D is showing on higher Timeframes this is interesting .....

however i am a scalper ..........even 1 minute is too slow for me in normal condtitions 

all i need is 5 pips ..........not more 


9:31


not perfect at momemnt but scalping cable up from 2989....been to 98 so far ...i would prefer to be scalping south !!!


9:39

3010 and back into opening 6am zone .....hmmmmmmmmmmm


13:30


what a morning .....ok its lunchtime and all gone dead ...look at that ATR chart on the 5min

made pips going down and a few coming up (as i was more nervous on retrace)

may not trade again today ....(ive made my pips already) ....will see

N




14:15


bullshit 10 pip range on cable at moment ....ZZZZZZZZZZZ

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