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Old 11-06-2007, 12:23 AM
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walterw walterw is offline
walterw is The Trader Chimp

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Re: The Chimp`s new "Futures Scalps"

The spirit of this trade its to shoot for a few ticks... nothing more than that... it is not intended to stay for any super move, thought there will be.. they are not your bussiness... this is scalping...

If you look carefully to the subcycle charts I use for example with the green arrows, you will notice that the arrows normally have an average size... that average size should be your target on any trade... you will also notice some few exceptions of super moves... for that you must understand that they do not form part of your trading getting the entire moves (at least on this scalping aproach)... thats why I use daily targets, its an excellent way to control greed... so let me do some videos on this... cheers Walter.

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