EJ quick M15 scalp +5 pips

06/16/2014 

Level trading is easy; just set a small 5 pip TP and trade levels and round numbers.  I scalp for a quick 5 pips and set my stops @ 10, Yes I realize thats not a 1:1 risk reward, but rarly does my sl get hit if I trade with the trend, ie day and hour candles. Once I am in a trade, my EA takes over with the set TP, SL and a Trailing Stop of 3.5 pips. I sometimes adjust the EA's parameters based on the current market conditions and trading session ie., London, New York or Asian sessions.