Currently waiting for the retracement step of the /\/, no viable setups. Will check again at london open. Its likely if theres a retrace you’d only see it on the M30 and below, and it would have to wait til 2-3am.

News Trade: AUD Building approvals/Cash Rate & RBA. I entered during the building approvals, expecting lack of movement (I was right about that) due to pending bigger news. I rationed that the Rate was either going to stay the same, or increase and entered accordingly. Fucked up by forgetting to remove the TP before the move, so I got stopped out instantly in profit. Got a second chance to re-enter when price dipped back into the triangle.

First Trade:+57.64
Second Trade:+58.55

AUDJPY030215

 

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