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Old 12-08-2007, 01:04 PM
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walterw walterw is offline
walterw is The Trader Chimp

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"S&R" Scalps

Hello dear fellow traders ¡¡ its has been some time since I dont post some charts arround here, so feeling the need to do some of this...

As a futures scalper I have various methods to scalp, in other older threads you can see how my traditional scalping is done... some links here :

http://www.traderslaboratory.com/for...ance-1714.html
http://www.traderslaboratory.com/for...rade-1940.html
http://www.traderslaboratory.com/for...rade-1994.html
http://www.traderslaboratory.com/for...rade-1942.html

Lately I had done some experiments with a vma based thing also using some divergences with some oscilators here :

http://www.traderslaboratory.com/for...alps-2788.html

Now as we started sharing some trading on the chat room, I noticed that my trading has some other type of aproaches I do almost by instinct and never really posted before... for my joy I see some traders like Adam share very similar concepts on their trading, so sharing on the chat room has been a very good growing experience to make some reflexions about this almost instinct trades and really try to understand the methodology I am using so I can share and also have a more technical understanding of what I am doing in a very almost intuitive way..

I know that when you better understand what you are doing, also the better you can avoid some mistakes... so this is a part from Walter that I want to discover, get it down to a method and keep sharing on post here as on chat live...

So I put myself on the mirror and try to see all this other trades I do that are not on any other thread from the chimp, try to understand this nut guy and see whats the logic behind...

What I notice is the use of "S&R" levels as they get formed during the session and how they create opportunities for great scalps...

So for the sake of simplicity I will call this "S&R" Scalps...

I continue on next post...

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