Tuesday, May 6, 2008

ABC GBPUSD scalp short

Wow Oil hits new highs and I thank God we exited right before that happened because some things still incite panic in even the coolest traders (I’m not one of the coolest traders).  We covered our GBPUSD short for 3 pips just before we saw EURUSD confirming the same thing and the EURUSD worked out much better.  Boo hoo.  It’s been a profitable scalping day all in all.  The news events deviated well and provided easy scalping.

 

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