3 categories of scalp trades
These timing methods come under 3 classifications:
1) Time-sensitive trades
This comes in 2 forms:
· In opening range breakouts, where a quick scalp is taken minutes after the open, in the direction of any market thrust.
· Trading to capitalise on the regular market turnaround times like 10am & 3 pm NewYork time.
2) Countertrend [...]
Method's tag archives
Scalp trading method
Posted by FxStreaming in May 5th 2008
Sidus Method V.2
Posted by FxStreaming in May 4th 2008
Timeframe
The longer the timeframe, the better. I would recommend to use at least the
one hour timeframe (H1), but I rather use the four hour timeframe (H4).
Chart
set my graphic in barcharts, but that is really your own preference.
Indicators
Add the following indicators :
EMA (exponential moving average) : 18 in yellow (closing price)
EMA (exponential moving average) : [...]
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