Setups for Day Trading and Scalping?

Trading Discussion
1

Hi all,

Could anyone kindly tell me what setup is recommend for Day Trading and Scalping including there settings.

Thanks

2

Like it says, this is a simple scalping strategy -

It is certainly simple but its worth running this in demo as the market in real-time tends to throw in some complications.

3

Thanks buddy

4

Been there done that and it didn’t work for me as those MA are too tight for a 5 minute chart. Trends on 5 min charts are small and could be nothing more than a pull back on a higher timeframe.

It may work in a very tight trend that lasts for a long time. Or work on say a 30 min timeframe.

Cheers

Blackduck

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5

Thank you - just the sort of thing I was thinking - its a straight-forward objective method but I couldn’t get it to make a profit straight out of the box, some adaptations would be needed and I never got round to these yet.

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