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Thursday 11 August 2011

E/U 5M Supply-Demand scalp

Just grabbed my 22 pips today on EU, short off formed supply/resistance with weekly pivot in there. Looked for candle volume, but it was relatively low and not enlightening. So I guess I just spotted a good level that is it. I planned originally for some 60 pips but decided it's too much to expect from M5 chart setup and better not to be greedy even on demo, steady profits make balance.
Stop was at 1.4290 in 19 pips from entry, could be closer actually, 15 pips.


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