GU - From 9 mins past London Open Monday 11th March 2013

GU - From 9 mins past London Open Monday 11th March 2013

A slow Monday morning but best trade for me so far as been a 2 hr scalp on the GU from 9 mins past the open. 33 pips and left 25% of stake on with stop in profit - RR on 75% stake - 5

Comment by Peter jcp on March 11, 2013 at 12:44pm

Taken the rest of the scalp sell stake ( 25% of £40 initial stake) at 4876. Placed another pending sell lower under 4858- but out of existing sell trade now 

Comment by Peter jcp on March 11, 2013 at 2:25pm

Whilst above 4876 - the GU is a scalp buy. I have a pending sell under 4858 - and would come out of my present scalp buy if price fell under 4879

Comment by Peter jcp on March 11, 2013 at 3:53pm

Dollar weakness so far in US session - GU - EU - AU all been scalp buys last 2 hours. Finished now for day and closed all trades - with no stakes left on ;-)) Will check around the hour changes later on and hope tomorrow we can have better action 

Regards 

Peter

Comment by Peter jcp on March 11, 2013 at 6:35pm

Easy to do Grigore - I also miss many trades - some good and some bad- and in my case its down to not being focused enough - - being in another pair  or just wanting extra conformations before entering and then missing the first 5 -10 pips - that are just so important to me when scalping ;-))

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