Scalp, scalp, scalp

still holding my shorts,whilst price trades below the daily and hourly averaged,pending short if the 95 level gets broken,if price trades above the daily will re look at things

price rejected at the daily average,2 shorts at that 15 level to test the 95 res,heres the break from the averaged level,great for scalping between levels ,10 15 pips very quickly,although im more interested to see a break below.

ive closed 1 short at the round no,00 level,my reason,the related pairs stalled at there relevent s/r levels,i needed to see some breaks .

now i have 14 pips in profit and a lot of flexibility to manage this existing short,with orders to add if price breaks the 95 or manual add ons if related pairs start to break there levels,

im also risk free at this point

that went very well,chart showing entries and present stops,looking at the daily split low

added at 81 and as i print chart and type fell through the roof,

my reasons and next level

happy tuesday,

closed all at 159048

1 position opened at 16015 level closed 16000 ...14 pips
1 position opened at 16015 level closed 15948 ....67 pips
1 position opened at 15991 level closed 15948 ....42 pips
1 position opened at 15981 level closed 15948 ....32 pips

total pips 155 pips

that was very strange price move on usd/cad,i was watching the value changes and kubush ! usd dropped from positive 60 + to - 8,everthing was harmonic til then,the interest rate was unchanged as expected ,um ?

short on cable 52 level

stop now at b/e,

second short taken at 40 level,stop at 52

first short remains active taken at 52 level,stop at 52 b/e


2nd short closed at 39 level ,covering the spread,prices settled somwhat ,could drift

closed out my remaining short from 52 level,target the 21 averaged.closed at 25 level,26 pips

thats 180 pips today from my cable shorts,

Thats insane amount of pips. Well done.

thanks pipaddiction,

yes it was a lot of pips from one pair ,especially as it only dropped 95 pips or so,the thing is when everything is in synce and you can use the leverage from in profit trades your risk is much less,and take full advantage of strong directional bias,

unfortunatly most days are far more testing

morning,

price now within this band between daily and hourly averaged and the resistence at 95 level,mixed readings from values,

lots of data and news today,spread throughout both london and U S sessions,ill tread with caution .unless the data all suggests the same gloomy results !

presently got a short on cable from yesterdays daily av,all somwhat slow and mixed readings ,scalping the levels

against the grain somwhat,as the pound stronger than most

closed my short on entry price,at b/e

long on cable at same level 16015,

closing my short at 3 pip loss,dont like the overall p/a