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Scalper King signals update

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--- Quote from: Fusion on June 04, 2015, 05:32:35 am ---What I don't understand is that it supposed to be a scalping method. What's even worse is that you took a trade that had a SL of 580 pips and a TP of 150 pips. That's a Risk/Reward 4:1 !!!! And on top of that you keep adding to a loosing position which is the fastest way to blow an account.

Can you explain what's going on?

--- End quote ---

well you have a very valid question, but again I am a scalper and you will see 90% of my trades are scalping trades, but I am also swing trader if I see some opportunity, usually my SL are not this wide, but due to high volatility on EURO because of sudden high yields on EURO bonds has caused this extra leg on EURAUD, fundamentally nothing has changed on EURO zone specially the interest rates so we are still with the main trend. but again I am a scalper and I will continue scalping as usual. Money management is important factor in every kind of trading.

still hoping for the best with last trade.....

Techinal Analysis update

Good Morning to all,

our last trade has been extended  quite a bit long which should not happen normally but its a market all can just take the best trade they can, any ways talking about the technical analysis, we are in really important zone, and in past most time price have reverse from this point, RSI is also not showing any bulls signs at this moment so hope full this trade should come in our favor by this week, I am keeping close eye on this trade.

Also there is a double top building on 4hour time frame so I am really looking forward that EURAUD will fall once the bulls fails.

As expected bulls are tired now

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