EUR/USD Scalp and Scalp Plus

I hope you can spot the clear reason why I entered and exited these trades. One of my clients asked to see an example of a more aggressive trade, and that is the first one I’m posting. Much of my decision on this one was based on price moment, with, of course, other clear Logical Forex Signals in the indicators.

The second trade is one that I am much more comfortable doing. I was cautious around the strong Magnet Line, watching to see if I needed to exit the trade, but price continued swiftly upward, and I exited when the price lost its “steam”.

*** TRADE #!

Super Fast and Aggressive EUR/USD Scalping

Super Fast and Aggressive EUR/USD Scalping

Exit #1

Super Fast and Aggressive EUR/USD Scalping

Super Fast and Aggressive EUR/USD Scalping

*** TRADE #2

My Best Forex Scalping Strategy

My Best Forex Scalping Strategy

Exit #2

My Best Forex Scalping Strategy

My Best Forex Scalping Strategy

I have done many things in my life, but I truly haven’t had as much fun as I have with forex scalping using the Logical Forex Indicators.

7 Responses to “EUR/USD Scalp and Scalp Plus”

  1. Greg says:

    Hey Dietmar…

    I apologize for how long it has taken me to reply. I have been extremely busy with Logical Forex and some of the other projects that I’m working on.

    I cover in the Online One-on-One Workshop the specific details of a “checklist”…but I go one step further and define a few tricks of how to handle specific entries and exits. I essentially use a “flow” when considering entering (and exiting), and that flow mimics the market flow.

    To be a little more specific, I first determine the viability of trading the current market. I use a combination of the Logical Forex Activity Lines and the Logical Forex Flow lines. I have a couple of other criteria that I use, mostly related to the session and currency pair combination.

    One thing that you’ll notice in most of the trades I post is that you’ll see SEVERAL of the indicators all confirming a setup. For example, you’ll see that everything is…well…logical….meaning that the Flow of the market has a clear direction (as shown by the Logical Forex Flow), the Logical Forex Phase is in agreement with the trade direction, and so on. The Logical Forex Magnet Lines play a very important role, too, and you’ll almost always see them on the charts I post. And, of course, the Logical Forex WatchDog will also be generally showing bright yellow. In fact, if you’ll notice on the charts I post (and in the Online Training Videos that are included with your trial/demo), there is almost always a “lot of yellow” aligned in some way…often near a Magnet Line.

    Now, unwrap that previous paragraph, carefully review the charts I’ve posted on this blog, and review the Online Training Videos…and you can construct a “checklist”, I’m sure. And, of course, I’ll be happy to help you tailor a trading plan that fits your personality, and trading style, and other things…which, of course, will “by default” give you a type of “checklist” you can use for trading. I can probably help you move forward at a faster successful pace than you can imagine in a Logical Forex Private One-on-One Workshop.

    I appreciate you mentioning that a “written checklist” of some kind might be helpful. I’ll definitely see if I can get that worked into the next release. In the meantime, consider what I’ve mentioned here in that paragraph above, and you’ll be able to create a “checklist”, I believe.

    Again, Dietmar, thanks for your comments. I really appreciate it.

    -Greg

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