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GBP/JPY and I

What about Daily strategy? Where should the entry point will be? It must be enter from 138,36 with target 140,70
How come an entry point for scalping is different with daily's ?

It's because daily has another indicators and also it aim for a big target.
H1 chart for scalping
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Scalping time

Buy 138,266 with Target1 60 pips, Target2 120 pips and Target3 180 pips.
Quoting bale
Scalping time Buy 138,266 with Target1 60 pips, Target2 120 pips and Target3 180 pips.
Target1 +60 pips , accomplished.
Quoting bale
Scalping time Buy 138,266 with Target1 60 pips, Target2 120 pips and Target3 180 pips.
Target 2 +120 pips, done
Please get on the plane NOW before it continues north. 200 pips still available for today ( 141,700).
Actually above the sky there is still sky
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Hi,
I kind of like your tradingstyle! :-)
Still dont understand how you decide to take the last scalping trade?
And what about SL?
It would be great if you could show how you think (from the beginning to the end) and also why and were you take the trade.....
Good luck!
Sky is the limit?

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Quoting nikki
Hi, I kind of like your tradingstyle! :-) Still dont understand how you decide to take the last scalping trade? And what about SL? It would be great if you could show how you think (from the beginning to the end) and also why and were you take the trade..... Good luck!
Hi Nikki , I trade daily timeframe but sometimes I must grab all free pips around by doing scalping in h1 . You can identify the entry point by using envelope and you can use 60 pips as tp1, 120 tp2 rather than using R1 or R2 . Regarding stop loss I use 40 pips or slightly below the previous candle.

Rules for daily is different a little bit because I only trade it once a week with big target.

Thanks and many greens for you
Hi again,
You say, "You can identify the entry point by using envelope". As I understand it you take a entry when price close over the envelope?
But in the last trade the price was still under the lower envelope line, or?
Just want to understand........ :-)

Good luck!
Good Q, in that situation (last D1 candle on Friday was bearish) and because D1 trend's still bullish then it's easy to identify where should the entry point be located.
In that case I entered from 138,26 or a little bit above red line.

Cheers
Today, the best place to entty Buy for scalping must be from 139,45 with tp1 60 pips & tp2 120 pips and tp3 180 pips. Sl is 50 pips.

Many greens to you
Ok, Thanks!
I will watch and try to understand.........:-)
When weekly and daily are trending up, you should avoid selling on h1.
Quoting bale
Today, the best place to entty Buy for scalping must be from 139,45 with tp1 60 pips & tp2 120 pips and tp3 180 pips. Sl is 50 pips. Many greens to you
Actually not the best place because sl got hit -50.
Thats how it is.....
Nothing is 100%
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