Quote:
Originally Posted by phil838
159.20 broke and was a winner!
It flew past the 50 pip mark and I got out for +60.
Anybody else make any pips on this one??
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I entered an order for this one several hours ago, then came home from a concert and turned on my platform to see the last few minutes of the trade giving me 50 pips, nice! Two successful scalp line trades this week. I didn't see anything about it in Nick B's ebook, but I also decided I better give a 5-7 pip buffer to weed out some of the bounces, working well so far.
Does anyone know of another pair that is somewhat unrelated to the GBP/JPY (so they don't end up with similar scalp lines) that would work well with this method. I'm just curious. Does the GBP/JPY have a better track record with these types of trades?