Have you noticed the 2nd candle on NY time? If you understand loss vs gains you can see the benefit…same applies to Asian (AUD) my favorites AUDNZD - MA use Weekly - Daily - 4 Hours (especially if you are scalping at 15 mins or 1 hr)
Which session on your chart is the NY?
I use 1HR charts, a switch over to 15mins when the engulfing candle is moving fast
Ah, good. (But Actually meant on the chart shown above… I assume NY is the Blue one, since it is much larger. )
Blue is NY - Green is Asian
support and resistance are created by swings high and low of the price, not by moving averages
scalping needs tick charts, or 5-10 second charts, not 15-minute or 1-hour charts! that has nothing to do with scalping at all!
It was supposed to say trading at 15 mins or 1hr…my apologies on the misprint