Hello fellow traders. After long time lurking and reading countless thread here, on ET, i've decided to start my scalping journal. I trade for 6 years now with mixed results. I hold some long-term ETF portfolio, and want to master short term trading. Why 6E? 6E is one of the most liquid futures contracts here. Also i live in Europe, so i can trade London session comfortable. My goal is to trade 3-4 hours a day and produce positive result of 10% per month. Approach I trade simulated account for 2 consecutive profit months with R 10. For simple measurement R will be 1% and 8 pips. My max stop loss in every trade will be 10 pips (normally 8), which represents 1,25R. Max stop for the day is 3R. (24 pips) Profit targets = 1,5-2R. Trading hours 7AM - 11AM London time. I will trade in direction of 5 min trend. Also i use 1 min chart and 3 range bar chart, for fine tuning entry. I use basic MA indicators, 21EMA (close, high, low), 34 EMA close. Starting period 2 June. Let's start.