Saturday, March 6, 2010














- In my presentation today, i have a scalper's dream strategy all on chart. You'll probably never need another chart in your trading life. By combining my customized 5 or a 10 min chart with my 512 tick chart you get the best of both worlds. I call this "undo blind folds" strategy.
- The Time based charts are customized with a stochastic to give the trend. In the charts above, the trend is set in the 5 min and scalps revealed in the 512. This allows you to trade effectively in fast markets by buying the dips(red spots) and selling the rips.
- the 512 will also confirm trend of the 5min, shown by my custom ema, which turns red(down slope) and green(up slope) . Buy dips on upslope, sell rips on a downslope
- The macd on the 512 helps with exits, since it's a lagging indicator and divergence..
-Also noteworthy is the nyse tick indicator, embedded in the 5 min charts, for market internals..
- Enjoy....

note:
- If you need your own customized chart and detailed explanation of the strategy, please leave a note.. A donation will apply..
- The strategy is excellent for forex traders, especially trading futures contracts..

No comments:

Post a Comment