Scalp-Day trade Idea #26: Gbp.Jpy
Our target (TP) at 145.00 was hit over night (target mentioned in the first post). So a very nice profit on this one of +110 pips. The overnight low was 144.68 and we are now seeing a retracement. So lets see how that goes and there may be another opportunity. Our active traders/scalpers may have spotted a Bullish Engulfing Candle Pattern on the 1H and if any took advantage of that they would have circa another +70 pips in the pot. (I don’t count these in the monthly total).
I still have my discretionary entry running from 146.39 and currently standing at +99 pips.
