I was looking to go long my first trade but I was watching other pairs and they where also just ready for b/o but than backed away. So I shorted instead, eur/usd didn't have in mind going down so I took small loss and immediately reversed. I took too quick exit but that's probably to cover just made loss. Than I was scalping some more based on movements on 10sec chart and other pairs.
Monday, June 9, 2008
Back to scalping
This are my small scalping profits of +8 full size pips for today. I'm going to be happy with them and quit trading for today. I got to build my confidence with my usual scalps. I don't know why I ever try to do something else.
I was looking to go long my first trade but I was watching other pairs and they where also just ready for b/o but than backed away. So I shorted instead, eur/usd didn't have in mind going down so I took small loss and immediately reversed. I took too quick exit but that's probably to cover just made loss. Than I was scalping some more based on movements on 10sec chart and other pairs.
I was looking to go long my first trade but I was watching other pairs and they where also just ready for b/o but than backed away. So I shorted instead, eur/usd didn't have in mind going down so I took small loss and immediately reversed. I took too quick exit but that's probably to cover just made loss. Than I was scalping some more based on movements on 10sec chart and other pairs.
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