I am wanting to start demo’ing momentum scalps on Amp in the mornings before work (5am-7am) EST, and I chose to start looking at GBP/USD.
When I checked the B/A was 3 pips and I want to make sure my logic is correct. If the B/A is 3 pips and my take profit is the bar size less the 3 pips entry and I’m already 3 down due to a 3 pip B/A, then a momentum scalp in this situation would just be at break even at the take profit point?
If that’s correct, would you all recommend a switch to a different instrument or that I spend some time learning to size my own bars?
Thanks for all help!
Blake