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Scalping - April 18 AM

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perse   Monday, 04/18/11 10:21:29 AM
Re: None
Post # of 67 
Scalping - April 18 AM

I sat at the computer from 430-530am. I did not enter any trades. The ADX was more or less flatlining. That suits me just fine. These are good opportunities to learn that it's important not to enter trades just for the sake of entering trades.

By the way, my 2 longer term trades are progressing nicely. It looks like the USD/CHF may stop out if the retracement continues That would be a 192 pip lock in. The NZD/JPY is coming down nicely as planned. If this continues I'll start moving my SL to lock in profits as I ride down.





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