Post
Topic
Board Trading Discussion
Re: how do you catch your deals as a scalper?
by
palle11
on 18/03/2021, 11:39:58 UTC

what strategy do you use?


for me
 I rate  the trade like this
point for an Elliot waves pattern
point  if there's a bullish divergences on the indicators
point if there's a classic pattern (triangle, channel, etc..)
point for the candle i want to join after
point if there's a good volume
looking in the order book to see any big orders in any price to count them as resistance or as Support, and see how the bid and ask is going.
looking at the fip level  and see where are we on it
looking at volume profile resistances or  Supports

what do you think of my way of trading? , tell us how you scalp.

IMO sorry all these opinion and rating you listed does not represent a scalpers too and focus except few.

As a scalper, they concern with timing and unusual with very low time frame like 5, 10 or 15 minutes trade time to out of trade. They may look for candle formation, support and resistance. It is timing for a scalper.