Friday, October 3, 2014

Scalping

Scalping - Sideway

1. Trade on Channel top and bottom

2. Spike signal



Scalping - Trend

1. Scalp using support and resistance using EMA 30 (of current time that I Enter.. E. G. 1 hour,  30min, 15 min)

2. Follow the big trend (daily) using EMA 30.. no need draw lines

3. E.g. if short.. need to wait for lower high to be confirmed

For E. G. See below

4. For trend strategy. . I shud only lose once. . I. E. During a big trend change. .

5. If there is a direction, I can set my stop loss at 50 pips. . Because I atm trading with trend,  my probability of winning is high


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My journal

- record my P&L with my emotions recording

- E. G. I don't follow rules, I anyhow trade

- best way Is to stop trading and go to bed or go for run


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