Scalp journal – 2 December 2008
My second sterling trade of the day came within a whisker of its take profit target an hour after the entry. When the 1.5000 level proved to offer decent support well up until 10:00EST I decided to play it safe and moved my profit target to just above break even at 1.5000. I was happy to take the 3 pip loss.
| Trade | Market | Direction | Entry | Exit | Pips |
| 1 | EUR/JPY | Short | 118.05 | 117.95 | 10 |
| 2 | GBP/USD | Short | 1.4930 | 1.4920 | 10 |
| 3 | EUR/USD | Short | 1.2680 | 1.2670 | 10 |
| 4 | EUR/USD | Short | 1.2700 | 1.2690 | 10 |
| 5 | GBP/USD | Short | 1.4997 | 1.5000 | (3) |
| 6 | EUR/USD | Short | 1.2726 | 1.2710 | 16 |
| 7 | EUR/JPY | Short | 119.05 | 118.95 | 10 |
| 8 | EUR/USD | Long | 1.2702 | 1.2712 | 10 |
Total daily pips: 73
Related Posts:
- Scalp journal – 7 October 2008
- Safe
- Scalp journal – 3 December 2008
- Scalp journal – 11 December 2008
- Scalp journal – 4 December 2008
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