PICKING TOPS & BOTTOMS (PART A)
Read this section carefully as the skill presented here is crucial for most of the scalping techniques that will be presented later.
Take a few moments looking at the following chart. Look at the characteristics of the tops & bottoms of the waves.
There are a few main premises of scalping that are useful to keep in mind to understand the logic behind these techniques.
Smaller moves are easier to gain – In my previous eBooks I mentioned that the larger your target pip gain the higher the possibility that the target won’t be reached. I have been known [...]
Here is a general overview of what scalping is like. I’ll talk in generalities here but will certainly go into specifics later in this eBook. This section is just to give you a taste for how a typical trade goes.
You watch your charts for specific market conditions to occur. Once you see a potential opportunity [...]
PRACTICE MAKES WISDOM
Have you ever watched a game of some professional sport such as football, hockey, baseball, soccer or basketball? Surely you would agree that the athletes have spent many hours (actually years) practicing and honing their athletic skills before they ran out onto the field for the big game (the real game). [...]
WELCOME
Is it possible to score hundreds or even thousands of dollars (euro, pounds, yen, whatever) of profits in just a few minutes in the Forex markets? Yes it is! In this eBook we explore the fun & wildly profitable technique of “scalping” in the Forex markets. It is amazingly simple to learn and you’ll probably [...]