FXCorrelator - Scalping system

yen still THE Sell ........80 pips from london opens 6am
it will bite back at some point today ......certainly by us opens

2617..expect a retrace soon if you want to take all the pips this run

2621 maxxin...........ive locked out

the art of running exits is very very hit and miss........you always have 5-10 pips on the line here ..........many ways to play it ...........just be consistent in your approach
then practice until you can see what different strategy to apply to each scenario...
up to you
N

now back to 2614..........i took higher than that as felt gu was going to retrace hard .......lucky me ?

2611 .thats a hard price drop gang ............i wont rebuy yet

GU will break yuor heart in next 5 mins so be careful

the big players are in manipulating prices

by the way the yen bear has softerned ...........a hand ful more pips north and i start to consider buying it ....not immediately ...but slowly

happy to resell EJ from 122.50's ... UJ from 114 .22/23

let the market settle befroe charging in on GU .....remember its now sitting in the middle of a range so dont give the players yuor money yet
N

2624/5 i will buy GU

sold uj and EJ ..........easy pips

2607 the stop to make it safer ..will take 5 pips to get to B/e on partial trade

jees i meant 14/15 ........spare me 25 ???
2621 now thw move so locked in
N

2624 locked to trail .already taken 5 pips partial to cover

i mean 2614 is my trail ...what is wrong with me ???

hard work now ...........its 11.30 so of course we are chasing vapour trails
back later ........will wait till grown ups arrive for the us openings
much much easier then
N

about to get stopped on trailing gu i think and already taken uj and ej as they were spikes
then gone for a while
cheers
N

when i do train scalpers the BEST BEST way to sharpen their skills is throw them in the 11am - 1300 session london

its generally a CR*P session ...........perfect for training that hard core execution of entry , look for 5 pips ...partial exit , move S/L etc etc ........

if they can keep losses to a minimum during that session they will truly make mega pips during the easier ones when the market is kinder

the way to become a good trader is to minimise your weaknesses ......which is not giving pips away on scratch trades ..........

any donut can make money when the market is trending !!!

later
N