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Old 07-04-2007, 12:11 AM
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Re: The "False Break" Trade

Walter - just one question for you - are you trading some, all, or none of these trade setups in real-time you have on the forum? Reason I ask is that we get a new Walter trade setup, which is great for newbies, but I am looking at some of these threads wondering how a scalper could possibly trade so many variations at the same time...

I'm just wondering how you decipher in real-time as a scalper the differences of the setups you have on the forum b/c it seems you have trend following setups, counter-trend setups, boring/zzzz day setups... And the setups have a lot of similarities, it's a matter of how the movement is interrupted.

Are you able to keep things simple as your sig says? If so, how?!?!? I've never had much luck with many variants of a trading plan, so I keep mine pretty simple with candlestick analysis. And to me, that's very cut and dry, not many variants there. I'd love to know how/if you are performing this analysis in real-time and how you decide what variant is being used in real-time.

Thanks Walter!

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