DislikedI don't scalp, took 5 sets of trades today out of eu for a total of 280 pips (unscaled) I would not call that scalping when your average trade is 55 odd pips each.
The whole day the thread has been filled with gamblers taking the odd punt for 5 pips here and there, the rest has been filled with muppets asking what just happened, just because they can't be bothered to get a proper news service.
The muppets here aren't traders, they are a bunch of 12 year olds tossing coins.Ignored
I dont know who you are referring to, ive been in Euro/USD Long since last week, waiting for it to get up to 1.4000 before the drop off. I dont know what happened because i cannot at the moment afford Bloomberg and none of the other sources i have access too have as of yet said anything that might reflect the sudden jump.
Although now as i understand it it may have jumped on rumors that Burloscnoi might be resigning.
Scalping is for idiots and the extremely lucky. I ahve never exited a trade with 50 pips profit (that is a scalp in my opinion)unless its on its way down and i exit to at least take something rather then just BE. I have 250 pips on Eur/CHF and im still holding and will continue to hold until i see a reason to exit. I also have over 5,000 on gold and still holding and dont plan on getting out any time soon.
Perhaps a little respect to those who cant afford bloomberg just yet and just ask for some friendly advice.