18 November 2011 – 6E 12 Tick Short Scalp

Not many trade setups for me during the European trading session this morning.  I passed on the less probable long trade at 0356 EST and then took a 12 tick winner an hour and a half later at 0528 EST.

Short entry was at 1.3527 on a pullback to the signal line and since the trade signaled an extended move, I used a 12 tick target.

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About Jim

Insurance professional and futures trader.
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