Price made new highs early morning but failed to go above 1.2905. I waited for confirmation for the long signal and went long when the bid stepped above 1.2905 and the momentum picked up.
I closed all trades in front of resistance because the momentum got lost from one moment to another. I guess it is fair to mention that I got a bit lucky with the exits. Price dropped only moments after I closed the positions.
Price got rejected hard above 1.178x. I entered a starter position based on the price action and loaded up when ProFx gave the short signals. Most of the position is closed and I kept only a small part in case it will break down more.
 When the price hits the resistance first time, the resistance will probably hold.  The second time it will hold most likely as well.  The third time chances are 50:50.  The fourth time the resistance will most likely break.  When the price comes there at the beginning of the London or NY session, chance of break out increases.
Note that with ProFx we look for trends and momentum. For short term trades we are interest in 'the move'.
Freddy123 posted: Do you trade only GBPUSD and EURUSD or also other pairs?
GBPUSD is the go to instrument for the bread and butter trades. EURUSD is traded when there is a great setup and every now and then I trade indices. Here is how ProFx works on indices. The open position is already 7200 ticks up.
Hello. How to copy all trades from this M5 account? And why you keep trades history private? I'm a ProFx 7.0 buyer but in the dedicated Telegram channel the trades (and results, above all!) posted there don't match at all those you take here on this account. PLEASE, explain, thank you.
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