[walterw]

So inside the "S&R" Scalps let me introduce first the "Flip Scalp"

So let me start with the basics here...

One great concept is the fact that previous resistance after being breaked becomes support and viceversa... I call that a "flip"... the market its doing that on a permanent basis... if you train your eye to see it and use some basic tool to track it, you can do a lot of good scalps on an average day just with the "Flip Scalp"... I discovered that I actually do trade some other patterns related to "S&R" that I will gradually be posting here all inside the cathegory of "S&R" Scalps...


So how does a "Flip Scalp" look like ?



so the graph above shows the basic concept of how S&R change rolls...

and some real world examples on my 22T Ym chart :





(please dont get confused with my previous flip trades, as this ones actually happen much more often...)

The market is permanently creating pivots , if the pivot looks like a V pointing up it will create a resistance level, if it creates a V looking down, it will create a support level... you see plain observation of this pivot and you are creating inmediat "key" levels... some levels become more important than others...

The factors that make some levels more important is :

_The amount of test this level had already during the session

_A great break happened from this level

so this super important levels can be traded and also the less important levels can be traded as well...

So observing V`s and drawing Horizontal lines from this pivots can be a good way to track how this flip`s get formed :



So thats a simple way to see how this trade starts to get setuped...

some coffee, cont on next post.. cheers Walter.