Lincoln FX - Forex alerts » #26

Scalp-Day trade Idea #26: Gbp.Jpy update

Arco — Fri, 18 Dec 2009 01:26:06 +0000

What a day trade this turned out to be. Not sure if any members are still in this mover, but I have taken some off my discretionary entry here at +220. (Maximum so far +266). I’m not counting any of these extra pips in the monthly total as I gave the target yesterday which was hit overnight for the 110 pips. Currently +190

Scalp-Day trade Idea #26: Gbp.Jpy

Arco — Thu, 17 Dec 2009 20:13:02 +0000

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).

Scalp-Day trade Idea #26: Gbp.Jpy

Arco — Thu, 17 Dec 2009 08:07:59 +0000

Day traders and scalpers should be happy today………

Scalp-Day trade Idea #26: Gbp.Jpy

Arco — Thu, 17 Dec 2009 07:16:27 +0000

I’ve taken some off at +30 pips. The other order showing below at +61 pips is the same scalp (discretionary entry) where I went in a little earlier than the figure mentioned, so I will not add those into the months figures. The top figure on the display is EurJpy

edit. took more off at +50 pips

Scalp-Day trade Idea #26: Gbp.Jpy

Arco — Thu, 17 Dec 2009 04:18:30 +0000

Scalp or Day trade Idea: Gbp.Jpy