hey guys ...sorry i was in a trading room calling signals for some traders when this earlier happened
otherwise i would have called it ......
Scrappy today so far .....on cable ...I was chasing some ghosts earlier in session this morning ...too eager and showing off ....those first 4 scalps were overall pretty B/e ....I was too eager and market hadnt opened up sufficiently
last couple were gold .....cable scrapes the 3020s and sells off some 30+ pips ...I was in twice as i was building a position.......
too easy into coming out around the low 2990s ......down to 2980s
lets see how rest of session progresses..........operating on initial T1 targets of around 5 pips (and equivalent stop levels at entry ) .....if i get a kicker on cable it pays pretty well......
and scalping allows around 2% of cap base for 5 pip stops ...off say a 20 pip move you do the math on ROIs
i only need 1 a day to make money....and it will pay for even 3-4 failed trades .......and believe me ....I do better than a 25% win rate ......
have a great day ....my last day trading as tomorrow with friends
N
4pm UK time ....
how nice has today gone gang ?
totally unexpected action on cable .....GBP getting clobbered ....
so an opportunity to get into a further 80 pips slide on Cable from earlier scalping action
nice end to proceedings for me .....
cheers N
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