A Scalp Trading setup on the Eur/Usd produced 8 quick and easy profitable trades. Below are a few trades based on the rules of the "Bow Tie Scalping System".
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Thought of the Day
If we can not find things within our circle of competence, we do not expand the circle. We will wait.
Warren Buffett
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The Bow Tie Scalping Strategy gave several BUY trades on the 26th of August on the Eur/Usd - you could have made good money while were waiting for the "9 Step Strategy" to give a proper BUY setup on the Aud/Usd.
I have posted the "9 Step Trading Strategy" trade on my blog.
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http://forexnewsandviews.blogspot.com/
All the Bow Tie Scalping entry points are marked on the chart and the take profit target for each trade varies between 3 to 10 pips per trade, depending on your level of experience and risk appetite.
Trading with one Standard lot you could have banked anything between $400 to $500 US dollars using the Bow Tie scalping strategy.
Congratulations to those who profited from these trades, keep up the
good work!
Good luck and happy trading.
Hettie
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