Although i agree with your logic and tried to master that for years, your better off looking for a direction and riding it for 30pts, way less work, way less spread and comms costs, better win rate and R:R so less profit profit profit lose it all repeat.
markets do not swing always, so i have always wanted to learn to scalp....i am surprised myself at the result....but if there is an opportunity for a swing, an obvious one, such as shown in the chart i posted i do take it..with both hands
yes me too and lost some really big money....and my life ! it is easily the most difficult thing to do in the world
Pepperidge Farms, got it. It was a question. As in "why aren't you trading at Oanda for the same spread?" As in you would not be paying comms.