ForexSpirit

The number of trades today reached double digit figures with all of them turning out well.

My last trade of the day, which took place on EUR/USD, is a pretty good example of a picture perfect scalp. Around noon EST I identified 1.2920 as a decent support level and placed a buy limit order. The euro slowly meandered down for the next few hours and hit my limit order on a little spike down which quickly retraced.

The 5 second chart shows how quickly the trade was entered and exited:

Trade 1
Long GBP/USD
Entry: 1.5875
Exit: 1.5886
Pips: +11

Trade 2
Short EUR/USD
Entry: 1.2850
Exit: 1.2840
Pips: +10

Trade 3
Long EUR/JPY
Entry: 126.55
Exit: 126.65
Pips: +10

Trade 4
Short EUR/USD
Entry: 1.2950
Exit: 1.2940
Pips: +10

Trade 5
Long EUR/USD
Entry: 1.2850
Exit: 1.2860
Pips: +10

Trade 6
Short EUR/JPY
Entry: 129.02
Exit: 128.916
Pips: +10.4

Trade 7
Long GBP/USD
Entry: 1.6005
Exit: 1.6016
Pips: +11

Trade 8
Short EUR/JPY
Entry: 128.74
Exit: 128.634
Pips: +10.6

Trade 9
Short GBP/USD
Entry: 1.5950
Exit: 1.5938
Pips: +12

Trade 10
Long EUR/USD
Entry: 1.2920
Exit: 1.2930
Pips: +10

Total daily pips: +105