Ok, my cat is missing. So I can’t sleep.
Thought I’d go look at the trades $USDJPY is in a down trend so I thought I’d scalp off a small profit. Scalping is a trading practice that I particularly like, it’s short, fast trades, it’s not for everyone though as it requires 100% attention on the trade, the trades only last a few minutes at most. Some of my favourite scalps are just after financial news breaks and a market heads fast in one direction or the other.
JPY is struggling because of anticipation of the G20 meeting I think so worth looking at selling USDJPY.. certainly for a quick scalp! 🙂