Scalping London session 7th Feb


Nice morning so far with plenty of action .......

after some teasy warming up the greenback finally got bull and europeans were the sell options ......Red GBP , Blue Euro , Grey CHF.........there was up to 50 pips on GU sells for the brave at times .......plenty of space to scalp 3- 4 times if needed

then all change .........I called some live stuff at T2win and FF for anyone following me (linked below) as i started to buy into GU from 3930's ......ive managed 10-15 pips so far ...peanuts ....but after some nice pip runs selling GU and EJ by the way ...im pretty happy with the pippage ive achieved in a few hours...............

when you scalp trade you are really only looking to go no more than 5-7 pips on stops with 2% capital staked ..........so thats a 2% return for every 8-10 pips I make net in a day .......after comms and spreads usually ...

50 pip selloffs of GU and EJ today .....and now pips made also reversing them

SO - you do the math for returns possible ........ even if you get 1 day a week like this ...its not hard ....just needs patience and discipline and a strong strong edge to see the markets dynamics ....like Strengthmeter based trading

N

http://www.trade2win.com/boards/forex/71854-correlation-trading-basic-ideas-strategies-2633.html#post3012698

PS - courses will be coming in 2018 .......watch this space......but as people know i prefer to trade more than write e-books, so it takes time to get me to the table ......hahahaha


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