I've found great consistency with scalping lately and now I'm looking to add another skill to my arsenal. I want to be able to add longer-term trades that I can put on overnight while I'm waiting for my next scalping session. I'm also venturing out and adding more pairs to the few that I know well. I don't trust a lot of pairs when it comes to scalping because they have different intraday patterns that I'm not familiar with, but I've noticed that the higher timeframes have more consistency. Also the spreads are bigger on the more exotic pairs, so they are nearly impossible to scalp with. I'll stick to the more liquid pairs that I'm familiar with in that regard.
Note
Moved SL up to 1.4106 as it moves into profit.Trade closed manually
Closing with a profit as confirmation of further downside is presented.Trade active
Added new smaller position at 1.4141 after new support was formed.Trade closed: target reached
Precision ;)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.