Hello Traders
after shorting Full position as alerted yesterday on twitter at 1.2750 and closed half at the move down to 1.2660 at 1.2675 with 75 pips profit , i re-added this second half at 1.2745 and now as we r testing the 1.27 level i closed this half position again at 1.2695 with 50 pips profit
basically .. i scalped this wave 2 consolidation with the first half position and made 125 pips profit while i left the other half as the main trade position hanging there on the top of the wave 2 range , i m moving sl into 1.2770 for now , targeting 1.25 for that trade.
so even if we get stopped out now with 20 pips loss , we still made 125 pips profit so far with the scalping half position , it is a very good managed trade so far as we took the risk off the table and even guaranteed 100 pips profit at the worst case scenario of getting stopped out now , i will work this half position scalping strategy in every trade i m taking on this blog from now on.
please , if u r following my trades , stay alerted on the twitter for position adjustments , as promised , i ll end this month with big profits to make up the loss we had in the starting week of the month and the slight negative total loss on August although i wasn't actively trading on that month.
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