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Variant of Flowscalps – EURUSD

July 6, 2011 Leave a comment

Meat of the trade.

Flowscalp #1: Shorted from 75 to 55

Flowscalp #2 & 3: Shorted from 25 to 05.

Somehow I find myself liking this better. Risk reward is 3:2 compared to meat trades which is 2:1.

 

 

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Cash is King.

June 30, 2011 Leave a comment

Just returned from the land that does not accept credit cards and where cash is king.

Looking for pips to be made after a brief recap of the markets.

1 day to go to end of month.

 

Awesome day for flow trades.

June 23, 2011 Leave a comment

All in all a good day’s work. Learnt to use variations of flow trade as well which was pretty effective.

The 50 trade was triggered in the end and turned out well. Looking at the charts, could have taken another shot at a 75-55 flowscalp.

Anyway there’s unlimited pips to be earned, not over trading is managing risk as well. Besides I had a nice dinner with one of my favourite ladies. So all in all, fabulous Thursday!

Trust the flow!

June 23, 2011 Leave a comment

Woopie. Another 20 pips.

Limit sell @ 50 looming in the distance. Pressure is building. Should the 50 short be triggered, will we reach 25?

*Ponders. Not much news on Europe today. US initial claims and new home sales coming up in couple of hours.

 

Fooling around, as Boris would call it.

June 23, 2011 Leave a comment

Price hovered around 00 the entire Asian session. Saw the chance to take the 75 to 55 flowscalp and I took it.

Success!

 

 

EURUSD 15 mins – Shinka#1 (-21pips)

June 23, 2011 Leave a comment

Stop loss ~ 21 pips, TP approx 40 pips.

Good risk/reward ratio. I like.

Good ol’ ema 62 rebounce trade.

Subsequent Update

Simply just my luck. Stopped out and missed a flowscalp trade. Nice.

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All good things must come to an end.. Sometimes..

June 22, 2011 Leave a comment

Price never turned back after hitting 50. Sad. Oh wells, no strategy is 100% accurate. Moving on…