Emini scalping russel 2000

Discussion in 'Index Futures' started by Eric J, Dec 7, 2007.

  1. Eric J

    Eric J

    Ive been using a divergence method to scalp the russel 2000 Emini , I started 1 year ago. I buy lower lows , sell higher highs or dual confirmed when a signal occurs . I use a 1/1 risk reward , 1/2 - 1 point each depending on the signal , try for a good fill or better , trade a 1 lot and take all signals that occur . This has been producing more winners than losers but in a highly directional market like 12/5 and 12/6 I was lucky to break even and ate the commissions for 12 - 15 trades . Any thoughts on something I could include in my plan to capitalize on trends of a highly directional nature using a divergence method ( macd , slow stoch ) ? I trade signals on a 1 min. or 89 tick chart and am very religious about sticking to a plan .:confused: