AUDUSD/5 min chart
- Watch for news for one side bias
- Enter on pull back 50% of the first 5 min candle
- Enter trade on pull back
- Wait for trend of news to continue
- Exit at 90% high/low of first 5 min candle
- Sometimes trend would continue beyond the high/low of the first 5 min candle; other times the first 5 min will show you the max swing distance of the pair
- When the hype is over price would retrace and resume it course
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