Thursday, June 24, 2010

Micro scalping

In this kind of market I don't know for a better fit. Directional trades doesn't bring any more then 5 pips and they reverse back in seconds. So quest is to take any profit when there is one on the table. Also it's easier to aim for retracements then to trade in direction of a market. I did good. Only at my last two trades there were problems. First of the two was in the loss and maybe correct way would be to take a loss but I chose average. Then in the end I was tired and simply didn't have patience to hold the trade. I believed that I could get 10 pips if it doesn't break lower but I shake myself out with only a pip of profit.

+21 half size pips

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