NOTE: THIS BLOG IS STILL UNDER CONSTRUCTION AND IN THE PROCESS OF IMPORTING PREVIOUS BLOG CONTENT AS WELL AS BUILDING A PROPER WEBSITE. AT THE MEANTIME, I AM UPDATING NEW POSTS ON STRATEGIES AND MY PERSONAL TRADING LOG.

EURUSD Trade - SCALP

24 Feb 2009

Stop Loss
Sell 1.2714
Take Profit 1.2704 (10 pips)

WIN : 24 Feb 2009 Update - Take profit executed at 1.2704 for 10 pips profit. I normally scalp for 10 pips...I call it "stealing from the market". It has to be really precise and before I do that, I have to be very certain that it's almost a 100% win as scalping is short term, fast and if market shifts on the opposite direction, it will be really risky!



Disclaimer : This is not intended to be a forex trade recommendation or signal. There is also a time lag between placing my personal trade on the forex market and this blog post. I will frequently check on the open trades to see if I will continue to hold the position and will update my positions in the forex market according. Following the trades is strictly at your own risk and I do not hold any responsibility over the outcome of your trade.

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