Scalping the Dow live 16th Jan 24
https://excellenceassured.com/trading
Scalping is what I do, whether it is on the 1 minute or 1 month chart I take the same trades. My key elements to look for are:
Wait for a candle to close
Does price close near to the 8 EMA?
Am I looking to trade with the longer term trend?
Does price leave a very small wick on the entry candle? I am using this wick for my risk, so the closer that the end of it is to my entry, then the smaller the risk to the trade.
I look to exit at the end of the candle or at a support and resistance level it it gets to one before the end of the candle.
On rare occasions I leave the trade open for a further candle as you see (and I explain) in this video.
This is my trading gold. Thanks for watching.
Anthony
Видео Scalping the Dow live 16th Jan 24 канала AnthonyBeardsell
Scalping is what I do, whether it is on the 1 minute or 1 month chart I take the same trades. My key elements to look for are:
Wait for a candle to close
Does price close near to the 8 EMA?
Am I looking to trade with the longer term trend?
Does price leave a very small wick on the entry candle? I am using this wick for my risk, so the closer that the end of it is to my entry, then the smaller the risk to the trade.
I look to exit at the end of the candle or at a support and resistance level it it gets to one before the end of the candle.
On rare occasions I leave the trade open for a further candle as you see (and I explain) in this video.
This is my trading gold. Thanks for watching.
Anthony
Видео Scalping the Dow live 16th Jan 24 канала AnthonyBeardsell
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