Scalping different time frames

 

Here are a few scalps.

On the GBP/USD, I had limit order sitting at the lows for several days. Today it was filled. When I noticed that, I entered a Take Profit order which was filled for about 40 pips.

The folks at The Foreign Exchange Trading Academy are fond of these types of trades, for good reason.

 

GBP/JPY scalp

 

This Long trade was exited early for 5 pips, a few pips less than the take profit level. It went beyond that easily as seen in the second chart (15 min).

The beastly pullback rattled me and I was happy with getting out

 

Bought – 162.65

Initial Take Profit (limit sell) – 162.73

Sold (market sell) – 162.70

and it’s gotten as high as – 163.40

 

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