Eur/Usd scalping inspired by Shakesfx

S/L hit -10 (-5 on each)

will sit and wait for a moment after two losses in a row

Todays results so far:

1st lot: +10, -5, +2, -1, +10, +8, 0, +10, 0, +9, 0, +1, -5, +10, -10, -5 = +44
2nd lot: +15, -5, +2, -1, +5, +8, 0, +16, 0, +9, 0, +30, -5, +11, -10, -5 = +70

Total +134, though 3 losses out of last four trades

Sell 1.2844

TP Hit 1st lot, move 2nd lot S/L to B/E i.e 1.2842 (buy price 1.2844)

sense a possible breakthrough of 1.2820 area

S/L hit on 2nd lot for +0

Hi Pete,

Whenever you have time do you think you can post a few chart examples of the ideal breakouts or setups you look for to enter a trade? Thanks.

Sell 1.2846, S/L -10 at 1.2854 (buy back 1.2856)

S/L hit -20, sold too early

Sell 1.2854, S/L -10 i.e 1.2862( buy back 1.2864)

TP +10 hit 1st lot, move S/L on 2nd lot to B/E i.e. 1.2852 (buy back 1.2854)

move S/L to +10 on 2nd lot i.e 1.2842 (buy back 1.2844)

take profit of +16 at 1.2838

Buy at 1.2838

price seems in range 1.2830 to 1.2860

TP hit of 1st lot, move S/L on 2nd lot to B/E i.e 1.2840 (bought at 1.2838, + 2 of spread)

S/L hit on 2nd lot +0

Indeed in upward and downward channels.

Looks like someone is having fun wiping out stops. Ranging is great for this technique though.

absolutely.

Looking to buy when price is in low 30s

buy 1.2833

move S/L on both lots to -5 i.e 1.2828 sell price

sell one lot at 1.2838 for +5 profit, may see a big fall here...

sell 2nd lot at 1.2834 for +1 profit