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GBPUSD

After being a little annoyed at myself at not taking more trades this week, I decided to just go for it on this one.  I saw a cluster of support levels, and noticed that some bullish divergence was forming. I decided to enter at market at 1.5378, and was aiming to take profit at the daily PP at 1.5425. I set a stop of 25 pips, putting my stop at 1.5353. I figured that we'd see the pair range, as there was no data coming till much later in the day.

  

   

It turns out that I caught a bottom, as price quickly reversed at the start of the European session. I trailed my stop manually, as I didn't wanna let any profits slip away. While I was watching the charts, I drew a funky looking falling trend line and saw that price had actually stalled at that area around 1.5415. I closed half my position when I saw the small-body like candle, as I thought it might signal that the move was exhausted. Well, minutes later, the pair blew up, busting through the daily PP and looked headed for the PDH. I was waiting for price to reach that point, but then realized it was never gonna head there. I decided to close the remaining position at market at 1.5435.

End result 

1st position = +32 pips / +$16

2nd position = +58 pips / +$29

Total = average of 45 pips/ $45

EURUSD 

I was looking for scalping opportunities on EURUSD, but it never hit any of my desired entry points! Price action was choppy between the daily PP and PDH, so I didn't wanna enter at market. 

  

   

So, it was a pretty good day for me, as this win put me slightly over the top this week. I'm pretty happy that I didn't hesitate on taking this trade, as I had been a little too cautious the past two weeks. Good way to end the week, and I'm looking forward to trading again on Monday!