Day 506: Pressure in the Dollar

Profit: $2.16 Total: $800.90

The pressure in the dollar was when the market opened with the dollar much weaker. A new unpredictable president means unpredictable economy. The USD/JPY revisited the 112’s zone while other dollar major pairs are flying off against the dollar. As for now, there are a lot of pressure in the dollar and looks like it’ll continue selling off.

I missed out on a lot of scalping opportunities like GBP/USD because of the heavy margin requirement my broker requires. The GBP/USD was a great pair to be trading today but I try to avoid it because of the margin. Other than that, it was a slow and steady scalping day.

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