Scalping University - Lesson 1 Classic Run to the 00's
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also 20 to 25ish pips is a common retrace in a momentum move, is 20 pips trail stop a little too tight maybe?
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boris, do you just make an arbitrary entry on a break of 20/80 or would you maybe look at momentum for confirmation? great tutorial btw, makes sense...
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Very interesting.Thank you.
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@domg1955 Thanks very much for your insights.
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hi Boris, in this strategy, the first signal we are looking for is the pair passes the .50 mark right? if it doesn't pass the .50 then it isn't a valid run? thanks!
raldyb 1 year ago
@raldyb Correct
BKTraderFx 1 year ago
Very nice outline of round number trading. A few other ways to deal with 00s but this trending scalping version is very good indeed
pnewton69 1 year ago
@pnewton69 Thank you for the kind words
BKTraderFx 1 year ago
VERY WISE TEACHINGS BORIS, I HAVE AROUND 3-5 YEARS INVOLVED IN FOREX TRADING AND LOOKING FOR THE HOLY GRAIL (THINK I WONT FIND IT ANYWAT) BUT REALLITY HAS TEACHED ME THAT A GOOD TRADER HAS ENTRY SETUP BUT A PROFITABLE TRADER HAS A TARGER AND THATS WHAT YOUR SYSTEM TEACHS TO US, AND SEEMS TO BE A VERY PROBABLE TARGET TO ACHIEVE BECAUSE, AS I MENTIONED BEFORE, HOLY GRAILS THAT ATTEMPT TO CATCH A 200 PIP MOVE ARE A VERY RARE SPECIE IN THE FOREX WORL, CONGRATULATIONS AND KEEP ON THE XCALPING U.
gusdinsalvoforex 1 year ago
@gusdinsalvoforex Thank you but please no CAPS :)
BKTraderFx 1 year ago