View Single Post
Old 08-06-2005, 17:58   #28 (permalink)
rollingstone
level 3
 
rollingstone's Avatar
 
Join Date: Mar 2005
Posts: 394
Rep Power: 4
rollingstone is on a distinguished road
Re: Scalping Strategy

Heres a chart, I've had to squash it to get the entire move on, but I normally watch the 1 minute chart on a fixed 50 pip scale so as to get a good feel for the strength of any moves.

This is a cut down chart with some indicators taken off to make it easy to see and simple, but you get the idea.

This type of trade occurs fairly regularly and is ideal if you happen to miss the start of a big intraday move.

There have been some nice ones on all the USD crosses the past few days, especially GBPUSD.
Attached Thumbnails
scalping-strategy-roadway.jpg  
rollingstone is offline