luckystar2006 wrote:I notice in the past that when market is trending on Friday, scalping on both sides tend to work better after 12pm. Otherwise, you will get stopped out while the intraday trend is too strong.
lately ATR >1.5 trending and <1.2 is range day. right now is reading at 1.2. (1min chart)
I used a wider than normal stop on my trade this morning. At my usual stop level I would have been taken out. Ended up with a small scalp. Hard market....
The learning process of how to become a CONSISTENT profitable scalper is extremely hard which takes years to succeed. However, once you have a proper setup and trade it with discipline, you will have no problem to scalp in any market condition. Also, you have to be aware of that you are scalping, not doing day/swing trading, and so you must not become greedy because you will get stopped out during those days while market going sideways.
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.
BA delivers new Air Force Tanker Aircraft, nearly two years late.
“worth some $35 billion”
The company says it has also run nearly $4 billion over budget to develop
BA reports eps next week
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Trades with cats wrote:So the selling is because they are re-opening the government.
I'd really appreciate if someone could post events like this on here that I couldn't watch out for. Many news website and youtube are blocked inside china as I frequently stay in China while travelling around asia/europe which I won't go back home until sometime in 2020. Thanks...
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.