Thursday, April 8, 2010

1.25 risk for 9 points!

April 8th,2010
Hello Traders,
Today we had a very nice scalper long and since most of our posts are on the bigger outlook and the 3 or 10 min charts i wanted to share the scalper chart with you today.

The Turbo Scalper method is very straight foward we ONLY scalp in the direction of the 3 and 10 min charts so we have the trend on our side. There is 3 confirmation on the scalper entry chart adn we also use the bigger time frames to confirm for even more confidence.

This trade we had a 1.25 point stop and the ES ran for 9.00 points! That is what we are wanting to see is the tight stop then we use our targets off the 3 adn 10 min or we just use the scalper +2 +4 +6 point rules. YES those are points not tick!

Even though we call this method Turbo Scalping we are NOT scalping for ticks and neither should you. I have never seen someone make consistant money scalping for ticks, Have you?

If you would like to set up an appointment to see our charts in real-time simply email us at trade@eminischool.com or send us a email and we will send you any chart you wish to see.

Happy Trading,
www.eMiniSchool.com

No comments: