Sometimes, it’s just not fair to consider forex trading anything other than, well…fun!
I focused on the EUR/JPY during this session. I’m sure glad I did, as the trades and setups were quite easy to spot, and the momentum was so aggressive, and the entry and exit points so obvious…that I almost feel like I cheated. 
I’m definitely done for the day. Count the pips. Wow! It is always so much fun when price moves this way. (It’s fun when I make a big-lot trade on small pip profits too!)
And, remember…although these are “big profit trades”, the only reason I stayed in them as long as I did (instead of for my usual 2-6 pips profit)…is because the momentum of the price action was so strong, and so clear. I’ll take it.
*** TRADE #1
There had been a large downward move, then a rather strong retrace…which often sets up an even stronger move in the original direction. This trade was on the retrace, and the following two are on the continuation of the previous strong downward move.
Mini Flow Flip
Exit #1
Mini Flow Flip
*** TRADE #2
Time for the big continuation in the previous downward direction. Of course, I had no idea, nor did I try to predict, that this move would be so strong. But, I jumped in and took it all.
Strong Move in Previous Down Direction
Exit #2
Strong Move in Previous Down Direction
*** TRADE #3
Strong Continuation
Exit #3
Strong Continuation
The EUR/JPY pair always amazes me.
Have I said anything about forex scalping being fun?
Never would I have dared re-enter the trade after such a big move.
.
I guess this is where experience comes into play
Well, yes, Benjamin, experience did have some factor in this decision, but you’ll notice how strongly price is moving there where I entered. Although I don’t remember the specifics of this trade, I can tell you by looking at this chart…the broker quote panel was giving a very clear indication that price had LOTS of powerful movement that was unmistakeable in the quote panel. This is NOT the way that I recommend people trade when first starting with Logical Forex. Always wait for the “best setups”…and as you gain experience…especially as you know your pair more intimately, you have more freedom in the trades you can take…albeit with less probability of success…but often worth the risk.
But…the most important thing is…YOU ARE EXACTLY RIGHT…NOT re-entering after a big more IS the Right Thing To Do.
Excellent Benjamin!
-Greg