Today’s summary
wow congratulations
Very range bound day so far today i got one trade only.
Made 13.1 pips
It did push higher (very slowly) but I closed at resistance.
Lol you made good returns and now you want to try a scalping system?! Well…
Hi This is all based on 1M Scalping
Another Range bound session London Open was down gave good sell trades and then it reversed up
Did 6 trades 43.1 pips total and a profit of $249.20
hi snipe do you think this system could work for day trading?
Sure its the same for any time frame
It was a sell day today, I failed to let my trades run due to 4 hour support did ok but could have done better on such a trending session.
Made 13.7 Pips Net Profit of $85
Really good day today made 44.7 pips net $233.50 Profit
Only one loss trade I took a chance but it failed so I closed and opened sell trade which spiked to my TP line.
The price is jumpy today due to political news surrounding Brexit. I will stop now and take my winnings.
Two trades today I did not put the sells due due to a 15 Trendline the price bounced up after a 13.2 pip drawdown and then I opened a second trade.
Both trades hit TP which was set to an 15M Trendline did 41.8 pips $209 Profit
Great job cutting losses and jumping back in in the right direction! @Snipe2020
Edit… BTW how are you structuring your lot size? Single buy at .5 or spreading those out on different trades totaling approximately half a lot?
All set! Just went back to the beginning to read whole thread… comprendo ahora!
KC
I set the lot size at 0.5 due to the $1000 deposit it should be 1 Lot now as the account is not over $2000
My thinking was 0.5 lot per $1000, buy as you can see in sometimes I open two trades when I think i have a more solid setup.
Not every trade is going to win so I think i will stick with open two 0.5 lot trades when I have more confidence in the setup rather then every trade at 1 lot.