If I have fundamentals agreeing with technicals, I like to position trade for bigger moves. These types of days I have less trades and large profit targets per position. I trade the price structure that's being presented by the market. For example, today, fundamentals were bearish (EU), technicals were in a falling wedge (bearish).
Prior to entering positions on these types of days, I know where I will enter and where I will take profits. For example, on the chart below, I entered short at the resistance of the wedge. I took profit around the indecision zone, which is the open of the day.
I ended up having 1 trade today for a profit of $300.
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