Scalping For 100-200 Pips

took 1 trade so far in the gj, for a +19…check chart

MARCH 17th TOTAL: +19 PIPS
55 DAY SCALPING GRAND TOTAL: +2,352 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


took another short scalp for a +20

MARCH 17th TOTAL: +39 PIPS
55 DAY SCALPING GRAND TOTAL: +2,372 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


i took another trade for a +20, was a very sideways day today. Hardest days to predict.

MARCH 17th TOTAL: +59 PIPS
55 DAY SCALPING GRAND TOTAL: +2,372 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


morning traders, looks like the gj had a decent move lower during London. I will be looking to get long and short today, more likely getting more long trades in. We do have strong support at 136.00 area, so we will see how todays trading goes.

[B]P1PTRAD3R[/B]

i took only 2 trades today, gj was basically in no mans land where a break out was imminent. Especially with fed rates today, i was mostly sidelined most of the day. I did make 40 pips for the day, so a good day overall

MARCH 18th TOTAL: +40 PIPS
56 DAY SCALPING GRAND TOTAL: +2,412 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


hello traders, i took 6 trades in the GJ this morning for a +20+15+20+20+20+2…the last trade was suppose to be a +10 but i got a horrible fill. Check chart for more details.

MARCH 19th TOTAL: +97 PIPS
57 DAY SCALPING GRAND TOTAL: +2,509 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


took 2 more trades in the GJ so far, for +20 +20…check chart

MARCH 19th TOTAL: +137 PIPS
57 DAY SCALPING GRAND TOTAL: +2,549 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


took 3 more trades, for a break even +20 +20, done for the day…check chart below for all of my trades today.

if anyone has questions or comments, feel free.:slight_smile:

MARCH 19th TOTAL: +177 PIPS
57 DAY SCALPING GRAND TOTAL: +2,589 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


morning traders, took first trade of the day on the long side right off the 5M TL for a +20…check chart

MARCH 20th TOTAL: +20 PIPS
58 DAY SCALPING GRAND TOTAL: +2,609 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


P1PTRAD3R ,

I love your method. I had a couple questions or maybe I can get some suggestions from you.

I have a great scalping method but have never thought of holding the trades and giving them room to profit tell I read your post. I did that today. It went great.

I made 295 pips. Alot of short trades.

I have 2 trades that are -95 pips right now.

1st question.
(A) would you close the -95 and call 200 pips a good day or
(B) would you hold and keep them open to see if they come back to profit?

What would you do?

I put a pic of the trades I took today.

Thanks for the idea

Joe Smoe


i dont like the idea of targeting for 20 pips, and letting a loser go to 300 pips negative, but if its withing your mm loses then go for it, you must have tons of winners and a solid method for you to lose 10% on one trade, its too intense for me personally, but if it works for you… looks like hes still on par with 1000 pips a month which is great

ok guys, here is my chart for the day…i am still underwater from 138.00 and i have a TP set for a breakeven. I did take some other trades, +57 pips for the day.

MARCH 20th TOTAL: +37 PIPS
58 DAY SCALPING GRAND TOTAL: +2,646 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


Joe,

Congrats on your great trading day! If i am well over my daily goal of pips, i always close the position if its not ruining my P/L for the day. So i would be going with option A.

If you have any more questions feel free!

[B]P1PTRAD3R[/B]

YFZ,

Yes a big part of this business is finding out what trading style and money management works best with each and every trader’s personality.

Great to hear from you! :smiley:

[B]P1PTRAD3R[/B]

P1PTRAD3R,

How did exiting at -20 pips affect your profitability?

DT

Diem Trader,

Great to hear from you! I have traded many styles, the tight SLs does not fit my trading personality. Take 4-5 losses in a row would make trading decisions much more difficult. But you must realize it doesn’t matter how wide any SL is as long as the percentage is the same. If you risk 5%/day, you can trade with tight SLs and just stop trading when you 5% is hit. But I make much more pips when i trade this way. Money management is key, and the way i am trading now works for me perfectly.

[B]P1PTRAD3R[/B]

morning traders, i am still underwater from my position on friday at 138.00…but i will still keep scalping on the short side…i took a short scalp near R3 for a +20

MARCH 23rd TOTAL: +20 PIPS
59 DAY SCALPING GRAND TOTAL: +2,666 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


took another short scalp for a +20, check chart.

MARCH 23rd TOTAL: +40 PIPS
59 DAY SCALPING GRAND TOTAL: +2,686 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


took another short scalp on spike higher for a +20…lower highs=short trades

MARCH 23rd TOTAL: +60 PIPS
59 DAY SCALPING GRAND TOTAL: +2,706 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R


took 2 more trades in the GJ for a +20 +20…check chart for the last 2 trades (circled the last trade)

MARCH 23rd TOTAL: +100 PIPS
59 DAY SCALPING GRAND TOTAL: +2,746 PIPS
SWING/ALERT GRAND TOTAL: +1,144 PIPS

P1PTRAD3R