Index Scalping, FOREX overnights

I was floating a loss on the DOW for much of the session, but managed to pull some profit out.

The AUD/USD and USD/CAD trades set me back, so the DOW brought me to about breakeven.

As far as overnights, I’ve seen a few times that my stop gets taken out and then a nice anticipated move happens. Actually, it can be much more than the anticipated move since we aren’t targeting relatively many pips. The USD/CAD trade is an example of this. I’ve highlighted the area where I entered and was stopped out.

 

 

 

USD/CAD

usdcad-m30-noble-services-ltd

 

Need to work on stop placement, and try to scale out to get some of these big moves depending what the analysis reveals.  This went 80 pips and I was going for 20.

 

Similar experience on the AUD/USD,  though I din’t like the set up as much

 

audusd-h1-noble-services-ltd

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