Scalping

[David]

This set-up works good on 5m as well as 1m

Should have went short this morning and walked away!

[David]

Got a few stop loss hit on 1m today, no damage done just kept on trading and looking forward to robbing the bank! Tried to trade the presidents speech, really tight choppy price action. This system works better when the bb bands are a little further apart.

[David]

Might make a few more pips this morning, over my quota now.

[forester]

hello David ,im new in sclaping -im sorry i want to ask you which period MA you use in your trading systems ??? thanks

[David]

Forrester, 34 ma in yellow, 200 in blue, read back a couple pages for a trade set up, its all explained there.

[forester]

thanks David i will try

[David]

Scalping with Q T at the FOMC news release.
Not sure how all these charts popped up in here.

[David]

Some stupid trades this am, had to wait for two way PA, and was off and on the phone and trying to trade at the same time, I can chew gum and talk at the same time, but I damn sure can't trade and talk at the same time.

Same day thurs afternoon before NFP friday, choppy sideways PA normally happens ahead of nfp. Could last a while longer maybe until 7pm eastern.

[David]

I've seen better days scalping, I started to let QT take over the trade as soon as a pip was locked and watched half the pips get stopped, so I started taking out the whole position at the 34ma, when PA gets tight you have to.

[David]

The market was giving away free pips this morning, all you had to do was grab them!