Hello traders. Happy Monday. Taking a look at the 30 minute chart, I have marked my current area of interest for potential scalp trade set ups. I always use the same forumla when trading. Once I am 30 pips or so in profit, I immediately close out 75% of the trade's profit, I then move my Stop Loss to my entry point ( break even ) and I leave a runner running(the remaining 25% of the trade). Best way to preserve profit and it works well, at least for me .. Let's see how pre NY volume goes when that starts coming in about 2 hours from now. Big G gets a shout out. 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.