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This is my scalping technique, I don't like the words "strategy" or "method".
I use the 1 minute chart for entry points and the 30 tick chart for exits since it shows times earlier than 1 minute. (find your own tickcharts I won't promote products here)
First chart 1 minute timeframe (what it looks like):
What am I looking for? I'm looking for pullbacks against moving averages that turn support into resistance or vice versa, but don't cross the moving average boundaries:
After I decide when to enter, I will open my tick chart and as long as it stays within the moving average boundary I will keep the trade open and once it breaks that boundary I will close it and look for another trade:
template:
Good luck.
Don't ask me what tick charts I use, I don't promote other businesses.
I use the 1 minute chart for entry points and the 30 tick chart for exits since it shows times earlier than 1 minute. (find your own tickcharts I won't promote products here)
First chart 1 minute timeframe (what it looks like):
What am I looking for? I'm looking for pullbacks against moving averages that turn support into resistance or vice versa, but don't cross the moving average boundaries:
After I decide when to enter, I will open my tick chart and as long as it stays within the moving average boundary I will keep the trade open and once it breaks that boundary I will close it and look for another trade:
template:
Good luck.
Don't ask me what tick charts I use, I don't promote other businesses.
Attachment to original post (1)
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