Scalping around the FOMC statement alla W.M.D. style, thnx! IF USD weakness was on the menu the plan was to trade these to pairs.
1. USD/JPY – There are two entries between the 50 & 78.6% fib zone. Entries on the the retracement post news. Target near a DB (manually), Stop near 100% Fib
2. GBP/USD – Entry near 61.8 zone. Entry, target, and stop similar approach to U/J.
3. The GBP was chosen to trade against USD weakness from the EUR/GBP performance today.
Some pips were left on the table perhaps in the end as I type this but 100 pips combined was my goal to exit trades manually. I hope others here had success today as well…