{"id":506,"date":"2020-11-27T01:54:03","date_gmt":"2020-11-27T01:54:03","guid":{"rendered":"https:\/\/www.forexmentor.com\/cc\/?p=506"},"modified":"2020-11-27T01:54:04","modified_gmt":"2020-11-27T01:54:04","slug":"taking-a-break-even-forex-scalping-trade-when-and-why","status":"publish","type":"post","link":"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/","title":{"rendered":"Taking a Break-Even Forex Scalping Trade: When and Why?"},"content":{"rendered":"\n<p>There are times when taking a break-even on a forex scalping trade, or ANY trade for that matter, is warranted. I&#8217;m not talking about micro-managing a trade. I&#8217;m talking about reading price action in an objective way, and then deciding if a break-even is prudent. This kind of forex trade management can make a huge difference for anyone, but especially for beginners.<\/p>\n\n\n\n<p>In this video, I&#8217;ll show you the support and resistance levels and the forex price action analysis that led up to taking a break-even trade on the GBP\/JPY pair in our Forex Scalping trading room. The members were notified that I was taking a break-even trade, in real time, not after the fact. This saved them from taking a full loss.<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Taking a Break-Even Forex Scalping Trade: When and Why?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/RG8-G_mYS9c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>There are times when taking a break-even on a forex scalping trade, or ANY trade for that matter, is warranted. I&#8217;m not talking about micro-managing a trade. I&#8217;m talking about reading price action in an objective way, and then deciding if a break-even is prudent. This kind of forex trade management can make a huge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":509,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":[],"categories":[33,19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Taking a Break-Even Forex Scalping Trade: When and Why? - Coach&#039;s Corner<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taking a Break-Even Forex Scalping Trade: When and Why? - Coach&#039;s Corner\" \/>\n<meta property=\"og:description\" content=\"There are times when taking a break-even on a forex scalping trade, or ANY trade for that matter, is warranted. I&#8217;m not talking about micro-managing a trade. I&#8217;m talking about reading price action in an objective way, and then deciding if a break-even is prudent. This kind of forex trade management can make a huge [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/\" \/>\n<meta property=\"og:site_name\" content=\"Coach&#039;s Corner\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-27T01:54:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-27T01:54:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.forexmentor.com\/cc\/wp-content\/uploads\/2020\/11\/taking-a-break-even-forex-scalpi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"cc2020\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.forexmentor.com\/cc\/#website\",\"url\":\"https:\/\/www.forexmentor.com\/cc\/\",\"name\":\"Coach&#039;s Corner\",\"description\":\"Start Your Forex Training on the Right Path!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.forexmentor.com\/cc\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.forexmentor.com\/cc\/wp-content\/uploads\/2020\/11\/taking-a-break-even-forex-scalpi.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/#webpage\",\"url\":\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/\",\"name\":\"Taking a Break-Even Forex Scalping Trade: When and Why? - Coach&#039;s Corner\",\"isPartOf\":{\"@id\":\"https:\/\/www.forexmentor.com\/cc\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/#primaryimage\"},\"datePublished\":\"2020-11-27T01:54:03+00:00\",\"dateModified\":\"2020-11-27T01:54:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.forexmentor.com\/cc\/#\/schema\/person\/daf63c459cd638cee2d106571482fb1a\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.forexmentor.com\/cc\/taking-a-break-even-forex-scalping-trade-when-and-why\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.forexmentor.com\/cc\/#\/schema\/person\/daf63c459cd638cee2d106571482fb1a\",\"name\":\"cc2020\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.forexmentor.com\/cc\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8843769adf26962f00e663856d150f48?s=96&d=mm&r=g\",\"caption\":\"cc2020\"},\"sameAs\":[\"https:\/\/www.forexmentor.com\/cc\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/posts\/506"}],"collection":[{"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/comments?post=506"}],"version-history":[{"count":1,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/posts\/506\/revisions"}],"predecessor-version":[{"id":507,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/posts\/506\/revisions\/507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/media\/509"}],"wp:attachment":[{"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/media?parent=506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/categories?post=506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentor.com\/cc\/wp-json\/wp\/v2\/tags?post=506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}