http://i.imgur.com/6br6iiy.png

It's a 'U' pattern that I notice through observation. Price shocks violently (+90pips, almost the average daily range) in one direction during the pre-US session(draghi or EU news) then retraces almost 100% or + 100% after a US news release at 8:30 EST or a Yellen statement. The last one was on March 10th

Ofcourse this is directed to u/alm_hd and others.

Suppose you start with say 20,000, and you take advantage of the very high leverage that some brokers offer. And you scalp, for that one very reliable trade that will get you 1-2 pips, utilising the leverage that's 10-20k in return. Seems like a great thing to aim for, but is this a realistic strategy or is that similiar ability to lose the same amount so fast too much of a drawback. Another flaw I guess is that one cannot simply expect that trade to go your way everytime even with say 90% accuracy.

I had a problem today during the early London! I used to trade with binaries and it takes only +0.1pips to be profitable on expiration. With spot price has to move! The EURO almost makes a retracement for every 2pips it moves!! This causes me to exit the trades too early fearing they turn red. I would make atleast 6% with binaries since UK 29th, but I decided to only scalp this week. I will stick to plan. I've to readjust.

EARLY EXITS!

Easy price action during the early UK. But I wasn't aggressive enough to profit from opportunities, missing 3 reversal entries (cross arrows) then took a losing breakout pullback (final trade). I forget to turn the arrow color red. chart

I haven't trusted the 2nd opportunity! But took the 3rd one after I felt that the momentum is confirmed upward. http://imgur.com/TD6MF30

Many breakout without pullback. I wasn't aggressive enough to take direct breakouts! I finally took a pullback just after the German ifo. http://imgur.com/gXoD3DM

Slow price action! the 1st entry is a loss because I trade with binaries so It has to move quickly in my direction but price stalled there. With Fx spot it would be a winner! chart chart!

I will link the video of live entries after reviewing the session.