Hello traders. Happy Tuesday. I wanted to do a quick post about the potential for a scalp trade. I am thinking we may push back down and I have marked my area of interest. I am not saying we are not going to push up, and I am not taking any trades today. But I did want to put in my opinion if I were to take a scalp trade today. I always use the same formula.. Once I am 30 pips or so in profit, I close 75% of the trade's profit, move my SL to break even ( my entry point) and leave a runner ( the remaining 25% of the trade) running. Big G gets a shout out. Let's see how the NY open does in a few minutes. Be well and trade the trend.
Pip Whisperer
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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.
Pip Whisperer
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.