was watching that the whole way but did`nt type it.........bottom of rectangle as well 29.50 to 36.50................... brutus,speaking of scaling.....my entry on that was to pyramid in off the right shoulder but didn`t get as many as i wanted............scaling is tricky but when done correctly,works well for me...........fine line between averaging & scaling for those that don`t know.
romy....we`re ..........lol vol......40% fib was my target & 89exp..........works more often than not..................especially on a hi risk trade.
Scaling is probably better for longer timeframe trading. The question is when do you stop adding to a loser if it goes against you ? What if as soon as you enter it moves 2 points, do you still buy more 2 points higher ? I never scale in, but sometimes will scale out when I am not sure if the move is over.
DR scalp volente scaling in can work. for instance if i want to buy 20 contracts i can buy 5 lots 4 times as it falls and have a set stop lose on the avg. no different than buying 20 at one time and having a stop. see we all don't have the accuracy of you. i've seen volente trade full time and he's legit. keep up the good work.