Example of How I scalp the Market - GBPJPY Trade Setup 16.01.14 (Asian Session)

Example of How I scalp the market

This was a trade setup around mid Asian session on Thursday.  Unfortunately I did not have the time to post this setup prior order being filled. It was a quick and easy 20 Pips in an usually slow Asian session. (however you can see we can get more than that around 30+pips)

There are many trades just like that where I can accurately pin point where market is likely to reverse. Usually my entry price does not go against me for more than 5 pips. 

This strategy, I will probably post it on my blog in the future, If you would like me to write it up earlier,
Please share my blog and like my facebook more!

Thanks

Howard

US Dollar Index (DXY)

This is my first analysis for the US Dollar index.

The US Dollar rallied up in the early asian session today (Wednesday), Recovering over 50% of the drop from the NFP report on Friday.

• If this level holds, which technically shows good support area, then we may see it play back in the ranges from last week
• Daily chart shows bullish momentum.