Forex Diary 23rd Dec 2019

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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