How I do scalping as a day trading and short-term investing strategy

Discussion in 'Trading' started by Forexer Guru, Feb 1, 2023.

  1. Good Morning Forexer Guru,

    Correct, scalping provide me more control.

    There is 23 hours to trade, why waste your precious time trying to swing trade. Take a scalp and be done for the day and go enjoy life.
     
    #51     Feb 16, 2023
  2. AlexFas

    AlexFas

    For those who trade in the US market and use technical analysis, I recommend additionally using gamma and open interest levels in options. They are very helpful for day trading and other trading styles. This is the real force that influences the movement of the market. It's fuel from market makers who hedge their positions. I recommend checking the levels on the openinterest . tech


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    #52     Feb 17, 2023
  3. Hi @SimpleMeLike
     
    #53     Feb 17, 2023
  4. It looks as if it is a helpful resource, but I am totally blank. I don't know how to interpret those charts/data
     
    #54     Feb 17, 2023
  5. attempting to scalp cadjpy, not the best pattern but my risk is minimal
     
    #55     Feb 20, 2023
  6. upload_2023-2-20_17-14-23.png
     
    #56     Feb 20, 2023
  7. @easymon1 this pattern was not the best, but you can see double bottom almost forming,
     
    #57     Feb 20, 2023
  8. upload_2023-2-20_17-23-42.png

    time not on my side because I am at work, just spotted the opportunity while skimming through the charts
     
    #58     Feb 20, 2023
  9. i gotter close it before hitting take profit but we will revist
     
    Last edited: Feb 20, 2023
    #59     Feb 20, 2023
  10. after 3 hours

    upload_2023-2-20_19-54-57.png
     
    #60     Feb 20, 2023