Patrick2707

US 100 long - scalp trade

Long
CAPITALCOM:US100   US 100
Not much reaction or manipulation on the part of the market in my opinion following Fed Jerome Powell's speech.

Taken a scalp long from 17730 to 17765
Entry 17730
TP 17765
SL 17708

Taken my profits for the day and content with what I've got. Expected more from the market but did not get it and that is alright. Knowing when to take your profits and not overtrading is also part of trading.

Will be interesting to see how we close today.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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