Monday, September 14, 2009

A couple of random scalps

Here are a couple random scalps I took on the 15 minute candles when prices became overbought and oversold.

USD/CHF bought on the break, targeting a 25 pip move as shown by the higher trend line.

The Gold position already broke and hit my profit target. I won't be surprised to see a larger move in gold back to 995 and just as likely 986