Open:
1st: Long 2 @ 1.6212. 15m TC18, willing to buy the 30m and the 60m TC18. Next add in 8 contracts 13 ticks below. Targets 10 ticks and 100 ticks or position trail.
2nd: Long 8 @ 1.6198. 30m TC18. 10 ticks stop loss, max risk $800. First target 8 contracts at +10 ticks, position trail the remaining 2 contracts.
Close:
1st: Sell 4 @ 1.6203. +5 ticks from add-in, it had a little bounce after news, but was 2 ticks short of the first target, decided to take 4 contracts off to reduce the risk. 8 ticks heat.
Moved the first target to +5 ticks from +10 ticks after 2 ticks from being stopped out. Also placed an order 4 contracts at 60m TC18, 9 ticks below stop loss.
2nd: Sell 4 @ 1.6203. Revised target hit, stop loss moved to 2 ticks below swing low, target moved to +10 ticks from original entry.
3rd: Sell 1 @ 1.6218. It came up to the 50% retracement and moved back down, moved 1 of the 2 remaining contracts to that price. Position trailing the last contract using the 5m chart, 5 ticks below swing lows. Target 76.4% retracement just because it's the weakest currency, otherwise no target.
4rd: Sell 1 @ 1.6232. Target hit, a whoosh up. 2 ticks from being stopped out.
10 contracts $412.50 gross, $340.10 net.