【GBP/JPY Scalp/+15pips】A chicken's curse causes miss of a big two chances
Hello!
I am Viga, the Fastest Scalper＾＾
Yesterday, the chickens were really on my side
and I ended up missing a chance to extend my profit.
I think the points I’m aiming for aren’t bad
so I want to find a way to extend my profits ＞＜;
Along with revealing the logic
I’ll review yesterday’s trades!
■ Entry No.1
The first trade was very simple
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Targeting a sharp rise from a sideways range
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That’s all.
If you look at the image, you’ll see at a glance
it’s completely a flat box range.
Moreover, before creating this box,
it rose strongly and powerfully.
This clearly suggests▶︎ Trend Continuation.
So, specifically where to enter?
In my case, I use Bollinger 3σ.
It isn’t shown on this chart, but
on the PC chart I usually keep open
I display BB 3σ and catch it by touch.
However, in this scene
when I looked at the chart briefly
“the candle behavior made it look like it could pop up”.
So I jabbed at the middle rate of the box.
Stop loss is below the lower bound of the box.
Take profit is touching the upper bound of the box.
And I traded with that simple scenario!
By the way, after taking profit
the price suddenly surged like in the image＾＾;
So frustrating
＋9 pips
■ Entry No.2
This trade was reckless...
Because the first position failed,
it mostly became a rescue trade.
Very pathetic＞＜;
I tend to do trades like this often,
so it’s a complete reflection, isn’t it〜.
The bottom one-position was almost a jump-in.
Even though I’ve been burned by jumping in before
I still tend to do it sometimes〜
Jumping in has no good total,
so I recommend not doing it＾＾;
That said,
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I had a sense of direction
2nd position ▶︎ Jab
3rd position ▶︎ Main position!
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I went with that!
But...
Here, the chicken came out
If I had the second position, I might have extended the gain
but I couldn’t stop worrying about the first position
and I closed the rescue take profit＞＜;
Really bad, bad, bad—
By the way, how the market moved afterward
it fell steadily like this.
The direction was indeed correct.
＋6 pips
Total +15 pips for the day!
After that yesterday I wasn’t feeling it,
and ended with two trades.
The daily target pips is 20, so I didn’t reach it.
Well, not losing is fine, though＾＾
Anyway, that was yesterday’s trading!
Today I’ll aggressively aim for more flags as well♪
Well then〜
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