Hello Traders,
12/17/2009
Today we hade 2 nice Turbo Scalp Trades to the short side. The first trade was from 1102.00 with the price falling down to 1097.00 on the first push down. The second trade was from 1098.00 down to 1094.00. Each trade had a max gain of +4.00 points or +8.00 points taking both trades.
When looking at the chart we are not only wanting to point out the profit potential but really the most important part is seeing where are stops were on both of the trades. We place our stops 1 tick above the last high (the green bars before the short signal fired off). As the price falls we lower our stops and follow the trade down.
We always want to confirm our Turbo Scalp Trades to make sure we are only taking trades in the direction of the 3 and 10 Min Kill Zone charts. If both the 3 and 10 minute are not saying the same thing (which would be short in this example) we skip the trade. We always want Multiple Time Frame confirmations that we are scalping in the proper direction. Then we take our direction then narrow the entry down by using the Turbo Scalp Trading Methods.
Our Rule is 2 Winners in a Row , Stop Trading and Bank the profits for the day!!
For more information on the Turbo Scalp and Kill Zone Trdaing System please go to www.eminischool.com or contact us at trade@eminischool.com
Happy Trading!
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