This is my attempt to journal my trades to be more discplined and accountable. I am not american. My timezone is GMT+3 , so it means for me morning session : German DAX afternoon session : DJIA trading style : Scalp/ Intra day Instrument : CFD Leverage : 1: 100 Platfrom : Metatrader 4 Account type : Live
CFD? I don't think that this is the right Instrument for scalping.. Imho take a look at the mini futures.
Find a different broker that offers a real trading platform and CME micro futures. Profitable day trading is enough of a challenge without the handicap of CFD's or MT4.
=-=-=- Willkommen Herr Sessel Tycoon Please, could you suggest a source of information on Scalping Strategies & Tactics? A link or an article, or books, or . . . Thank You in advance. -
Danke. My approach is very simple . Bolinger Bands + MACD Reversion to the mean i.e Middle BB and trade the subsequent BB Breakout Timeframe : M5 or M15
I trade the same dax and well nas100 similar value and move size hard to adapt to needing a 25sl dow vs 10sl dax.