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Archive for the forex scalping trades Category

Scalping Journal and strategy template 7 11 2015

Scalping Journal and strategy template 7 11 2015 Scalping Journal and strategy template follows. Yesterday we had the biggest news event of the month.We took a scalping trade in the morning after the London open in EURJPY and then closed the station. In the afternoon one hour […]

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Scalping techniques and Journal 5 11 2015

Scalping techniques and Journal Hello traders, We had some nice trade signials  today. Pound dollar was very calm in Tokyo session.She gave only one signal after the London open with the potential of 170 pips. Notice how narrow is the Tokyo session. Then BOE made a Super […]

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Scalping Journal 4 11 2015

Scalping Journal Scalping journal for November 4th follows. Today we had some activity in Tokyo session for Pound dollar and news at 11.30 were UK Services PMI (Oct) Actual: 54.9 Survey: 54.5 Prior: 53.3 One hour later I have found a retracement in pound dollar and enter […]

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Scalping Journal 31 10 2015

Scalping Journal Scalping Journal entry for October 31, 2015 It ‘s been a while I haven’t posted any updates due to a health problem.Now I am getting on track again. I have updated also my site switching from xsitepro to wordpress since the old xsitepro sites doesn’t […]

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Forex scalping techniques16-17-18 Sept 2015

Forex scalping techniques16-17-18 Sept 2015

Forex scalping techniques 16-17-18 Sept 2015

It was three difficult days.The reason was that my biological clock was upset and traded in different times than those I usually trade.

The first trade I took was in 16/9/2015.

I have lost the bullish breakout(sleeping) and attempted to catch a bounce in resistance in higher time frames in GBPJPY.

The breakout was a valid signal with retracement offered 170 pips plus.As you remembered on 15-9-2015 I was trading in

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When to close forex trading positions ? 15 9 2015

When to close forex trading positions ? 15 9 2015

When to close forex trading positions ?

When to close forex trading positions? The most of the times I close open positions around London close.I sleep better at nights.

Rarely as yesterday I had open position during the Tokyo session.

In these cases I close them few minutes before Frankfurt opens.Reversals and stop hunting will follow I don’t want to be in.

Yesterday trading was difficult for the three pairs I watch.

GBPUSD produced a nice signal with over 150 pips move south but with no retracement.

EURJPY produced a long signal with retracement but took in demo only.

Finally GBPJPY was ranging all day and since I was waiting for a breakout a took the retracement of a short signal which generated in DOW open.

Trade went bad and lost 25 pips. Left the charts open and found a pivotal point, a third touch in the upper area of the gbpjpy range and took an intraday trade with stable stop approx

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Consolidation and breakout 14 9 2015

Consolidation and breakout 14 9 2015 Consolidation and breakout is one of the most profitable trades you can take  in any financial instrument. The problem is to find the real breakout or you will be caught in range .As I have predicted on Friday post GBPJPY would […]

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