I introduced myself ages ago as a noob (still am), then left and back again since last week (hoping to stay)
I use 10sec to enter trades based on a combination of 1min (look for entry matches with 10sec on the main trend) and 1hour (main trend) charts. I like this, as ive taken 32pips and 42pips on the next trade with that combination matching.
Least i now know for sure lol (Its been a while since i tried trading). I was under the impression scalping was only if you held pos for small time periods. Now i know
Who cares what you “call it”- the only thing that will ever matter is if you’re dedicated enough to do the same thing, over and over, like a robot, without emotion. Time will tell you what to “call it”- either a successful strategy, or, a failure.
Thanks for that Forex. As you can see i tried to keep my strategy as simple as possible but i really just wanted to know so that i would have a idea how the broker/s would classify my trading.
Sure as hell its not scalping. Dutchy you need to rethink definitions. Back to school for you. .
QBurg its day trading through and through but listern to Jake (forexunlimited) he knows what he talking about. Doesnt matter what you call it as long as you can repeat it time and time again.