Index Scalping

 

GLOBAL MARKETS-Stocks down after U.S. jobs report muddles Fed outlook – Reuters

 

A trade on the Dow helped with a couple of FOREX trades that didn’t work the previous evening. This has happened several times recently.

Position sizing needs focus. Notice the EUR/JPY trade for 20 pips. It’s for a Nano lot.

Also:

  • stop taking mediocre trades
  • be quick to take a couple of pips.

 

This is easily a $350 “day”.

 

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