20 pips scalp system - page 2

 

UPDATED

#6 Sell GBP/USD @2.0802 TP 2.0782 SL 2.0832 (BID)

STATUS: Closed

REASON: TP Hit

RESULT: +20

 

Missed another signal again while i was away.

The system gave a buy gbp/usd @ 2.0790 (9:45 PM PST) SL and TP 20 pips away both side as usual. At the time of writing this, the position would be floating at around +10. If I didn't miss this signal and had the position opened, i would close the position for a 10 pips profit as I'm seeing a resistance at 2.0800.

**this trade will not be recorded, as in real trading environment, missed signals do happen."

 

I saw three signals generated on this system back in Friday but decided not to take them. Just by eyeballing them, it seems that out of the the three trades it give, 1 was loser and 2 were winners.

So far this system looks promising. Need to be tweaked a little more especially to avoid false signals on strong trending market. And for now i don't have any good exit strategy other than fixing TP at 20 pips or sometimes exiting because i see a strong support or resistance.

Will test this system some more next week. Have a good weekend.

 

UPDATED

#7 Sell GBP/USD @2.0825 TP 2.0845 SL 2.0805 (BID)

STATUS: Closed

REASON: TP Hit

RESULT: +20

 

UPDATED

#8 Buy GBP/USD @2.0800 TP 2.0820 SL 2.0780 (OFFER)

STATUS: Closed @ 2.0810

OPENED TIME: 8:37 AM (PST)

CLOSED TIME: 12:24 PM (PST)

REASON: Slow Market

RESULT: +10 pips

 

#9 Sell GBP/USD @2.0848 TP 2.0828 SL 2.0868 (BID)

STATUS: Closed

OPENED TIME: 10:16 PM (PST)

CLOSED TIME: 11:53 PM (PST)

REASON: SL Hit

RESULT: -20 pips

 

#10 Sell GBP/USD @2.0870 TP 2.0850 SL 2.0890 (BID)

STATUS: Closed @2.0870

OPENED TIME: 12:12 AM (PST)

CLOSED TIME: 12:38 AM (PST)

REASON: Strong uptrend

RESULT: 0 pips

 

#11 Sell GBP/USD @2.0875 TP 2.0855 SL 2.0895 (BID)

STATUS: Open

OPENED TIME: 3:56 AM (PST)

CLOSED TIME: 6:05 AM (PST)

REASON: SL Hit

RESULT: -20 pips

 

#12 Sell GBP/USD @2.0892 TP 2.0872 SL 2.0912 (BID)

STATUS: Closed

OPENED TIME: 6:10 AM (PST)

CLOSED TIME: 7:35 AM (PST)

REASON: TP Hit

RESULT: +20 pips

 

ough///just 20 pips / trade ? why not 100 pips....just look at the chart moving..and entry the market..you will get 20 pips..

Reason: