Good Morning.
EURUSD chart is looking really nice today. Clear M30 signals (standard template) and so I looked for shorts on lower time frames.
On the M1 chart the price found a level where it started to bounce like a ball (every time a bit less). I entered short, moved my SL quickly. I added size when the price went down and moved my stop for the 2nd position. When the price slowed down I started to close my positions.
I know that some may think that 10-15 pips setups are not wort their attention but it is a lot easier to make five times 10 pips than one time 50 pips.
After closing my EURUSD positions I switched to GBPUDS and made a few more trades. I finished my morning work with a profit of 2.8% (50 pips).
If you have questions or would like to discuss your own trades, please let me know.
Alexander
ProFx 7 - The science of Trading
PS: In case you are wondering. With ProFx 7 and a bit of practice, everybody can do that.
Re: July 7, 2020 | +50 Pips | Short Term Trading
#2Hi Alexander,
This is very interesting to a newcomer (just bought your software 2 days ago)
Do you think is possible to record this (like a recorded webinar), just to follow "live" your line of thinking, to get a better idea on how you use this powerful tool?
Regards!
This is very interesting to a newcomer (just bought your software 2 days ago)
Do you think is possible to record this (like a recorded webinar), just to follow "live" your line of thinking, to get a better idea on how you use this powerful tool?
Regards!