Heres my scalping technique, I dont like the words Strategy or Method.
I use a 1 Minute chart to look for my entry, and I use a 30 tick chart to get out, as it shows me earlier than the 1 Min. (Find your own tickcharts I wont promote products here)
First chart 1 Minute timeframe (what it looks like):
What im looking for? Im looking for pull-backs against the moving averages on levels turned support into resistance and vise-versa, that do not cross the moving average boundary:
After I decide when to get in I will open my tick chart and will keep my trade open as long as it stays inside the moving averages boundary, and soon as it breaks that boundary ill close and look for another trade:
The template:
And good luck.
Dont ask me what tick chart I use, I dont promote others businesses.
I use a 1 Minute chart to look for my entry, and I use a 30 tick chart to get out, as it shows me earlier than the 1 Min. (Find your own tickcharts I wont promote products here)
First chart 1 Minute timeframe (what it looks like):
What im looking for? Im looking for pull-backs against the moving averages on levels turned support into resistance and vise-versa, that do not cross the moving average boundary:
After I decide when to get in I will open my tick chart and will keep my trade open as long as it stays inside the moving averages boundary, and soon as it breaks that boundary ill close and look for another trade:
The template:
Attached File(s)
template_name.tpl
6 KB
|
1,124 downloads
And good luck.
Dont ask me what tick chart I use, I dont promote others businesses.