Eur/Usd scalping inspired by Shakesfx

great work bro keep going.Brother your entry is at the bottom of the v or after the breakout when the price stalls.Tell specifically how to learn this method i am asking you as you have done it.

sell 1.2838

T/P hit on 1st lot, move 2nd lot S/L to B/E

move S/L to +5 i.e 1.2831 (buy 1.2833) on 2nd lot

price might breakthrough 1.2820, or it might bounce between 1.2820 and 1.2840, will wait and see, keep S/L on 2nd lot at +5

That was quick! Move S/L on 2nd lot to +15 i.e 1.2821 (buy price 1.2823)

move S/L to +25 i.e 1.2811 (buy price 1.2813)

ok take profit of +30, buying at 1.2808 (sell price 1.2806)

Near 1.2800 figure so might have a little retracement, buy 1.2808, S/L +10 (sell price 1.2798) on both lots though

S/L hit on both lots -20

Buy 1.2804, S/L -5 on each though

T/P hit on 1st lot, move S/L to B/E on 2nd

Move S/L to +5 on 2nd i.e 1.2809 (Buy price 1.2811)

take profit of +10 on second lot at 1.2816.

Sell 1.2816

Hi Pete,

good call on the short!

How did you determine that 2840 was a possible resistance? Was it based on price action or previous S&R levels?

Thanks!

hi sabre, 1.2840 was a previous resistance point, and price was struggling to rise quick enough so I could sense another drop

Move S/L to break even i.e 1.2814 (buy price 1.2816)

S/L hit +0 on each.

Buy 1.2817, can see possible breakout of 1.2820

tight S/L of -5 on each though i.e 1.2812 (buy price 1.2814)

move S/L to B/E on both lots

false breakout, take profit of +4 on each selling at 1.2823.

Sell another 2 lots at 1.2823

possible wrong call, move S/L to -10 on each i.e 1.2931 (buy price 1.2833)