1..Jumped in on the start of a trend
2...got the double touch on a trend line to confirm trend
3..followed the trend down..(yippy)
4...Trailing my stop loss..
5...sweet..got my stop loss at 0
6..trend still going down..( here comes the money baby)
sweet as
7...starting to make some gains...
thought id throw up this simple forex scalp trade
works well in a trending market(note i said IN A TRENDING MARKET)
macd standard settings
20 ema
clear up trend
i have my scalping trades set to a 10x multiplier since im in and out to grab quick profits not recommended for the novice trader...
this is one of them situations as i see it..
what works for me might not work for you
and what works for you may not work for me
all situations might be interpretated differently as per individual..
eg..i may see a double top and i think sell sell sell
someone may see what im looking at as a...
Almost Happy New Years
Im Marty and im from NewZealand
been trading(err trying to trade) for about 1 year..some wins ..some losses..like alot of people im starting with a small account (drip feeding)to learn the ropes..started off binary options(first 8 months) then moved to forex about 4...