SJL's ES 6 ticks scalping

Discussion in 'Journals' started by SJL, Dec 2, 2015.

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  1. SunTrader

    SunTrader

    So then would do you call "entry at edge of s/r where trade breaks down"?
     
    #51     Dec 7, 2015
  2. How about a short near resistance or long near support. Trade would be invalidated pretty quickly should price break S/R. Now 3 ticks is pretty tight but is it possible for a very good trader that can read price action well? I tend to think so.
     
    #52     Dec 7, 2015
  3. Probably a stupid move.....as back-testing likely to prove this strategy has no merit from a P&L perspective.
     
    #53     Dec 7, 2015
  4. So trading long from support and short from resistance is stupid?
     
    #54     Dec 7, 2015
  5. Magna

    Magna Administrator

    At OP's request this thread has been closed.
     
    #55     Dec 7, 2015
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