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Scalping the pip out of it

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Scalping the pip out of it

video

Scalping the pip out of it

video

Scalping the pip out of it

And revisiting the GBP/AUD trade. It looks like the trade is still ready to come down. Price has stopped short of the 61% Fib, and Higher Timeframes are overbought. I will be looking to get in short given more confirmation and a tighter entry on the ...

Scalping the pip out of it

So I just wanted to touch base on the long EUR/JPY trade that I got stopped out on with just a little profit. Market continuation based on higher timeframe pressures kept the trend. We got stopped out this time, but it is good to revisit the trade ...

Scalping the pip out of it

So it looks like this was an april fools setup!! Oh well. Got stopped out. There may be some good opportunities to get short later.

Scalping the pip out of it

Just took a short trade on the GBP/AUD. It has topped out at 61% Fibonacci retrace, and it is oversold on the higher timeframes. With a little market volume this should collapse nicely. I am putting my stop at 19540 so it is pretty tight. I will ...

Scalping the pip out of it

So looks like we are getting the price movement I was looking for. Got a good run on this one. About 1/2 % return on this trade and price will probably continue to go up. Now it becomes a game of management, and understanding the cycles of price ...

Scalping the pip out of it

This shot is a quick update of the trade I am in. It is a good illustration that price reacts well right around fibonacci levels when there are larger technical indicators for a bounce. Price still has a lot of resistance to make it through for a ...

Scalping the pip out of it

Hey there. I am taking a long position on the Euro/Yen. Price has collapsed nicely after a POSITIVE DIVERGENCE setup on the daily chart. I just sold this pair from around 130.40, and now I am reversing my position. The 61% fibonacci retracement ...

Scalping the pip out of it

It has been a couple of years since I have posted anything here. I am going to continue for another round of chart posts to show the effectiveness of trading with the technical indicators I use.

Scalping the pip out of it

So I decided to hold because of the momentum of the price action. Turns out there were 60 Pips in the trade. I have since closed with 60 pips of profit. Not a bad way to start the week.

Scalping the pip out of it

So I made my 25 pips almost instantly!! Not bad scalp.*pat on back*

Scalping the pip out of it

Price has run up over the weekend, hitting sort of a double top. I think it may be a good opportunity to get in for a small ride down. We will see. 30 pips stop loss. trying to get 20 pips of profit.

Scalping the pip out of it

Finally! Got some price collapse. I did average down as price went higher to get a better entry. I like where I am at now and I have a better than breakeven stop. I will trail this one into tomorrow and see if this is a trend reversal.

Scalping the pip out of it

Price is bouncing off a lot of resistance at these levels. Maybe we will see a short term reversal. I am definitely willing to average down if price climbs higher. I feel like price has put in a huge range, and all of those contracts need to be ...

Scalping the pip out of it

Just turned on my computer and saw this one forming. Had to get in immediately. I really like a retracement possibility. We do have a yen rate tentatively this evening. Could be just the trigger we need to see price collapse.

Scalping the pip out of it

I got stopped out on the EUR/JPY. It was a 30 pip loss. I also exited the AUD/USD. Attached is a graph of the trade where I exited.

Scalping the pip out of it

Price action is putting in a leg up. Buying is taking over. I am still in with my stop loss, but hard to say where this one is going. Stochastics are heading toward the top of their ranges so we could easily see a push back down. I will hold it for ...

Scalping the pip out of it