i like to scalp the indices ,and i look for a few key points to control / trigger my entry
Rules
1/ i want to scalp the reversaL FOR 12-20 PIPS OR MORE
2/ I use BB to filter my trade , as in i ONLY want to sell from the top and i ONLY want to buy from the bottom .I really, really like BB spikes ( my BB s are set at 2 inner , 3 outer )
3/ LEVELS are key to this trading strategy , and for levels i am looking at three things
1/ swing highs /swing lows
2/the numbers 20-50-80-100
3/pivot point levels ,..PP S1, S2, R1, R2,
if you get convergence ie ,,S1 a swing high and the number s (7250 ftse ) then that is a lovely lovely trigger
GO ON CHECK IT OUT SEE FOR YOURSELF
Cheers Rob
Rules
1/ i want to scalp the reversaL FOR 12-20 PIPS OR MORE
2/ I use BB to filter my trade , as in i ONLY want to sell from the top and i ONLY want to buy from the bottom .I really, really like BB spikes ( my BB s are set at 2 inner , 3 outer )
3/ LEVELS are key to this trading strategy , and for levels i am looking at three things
1/ swing highs /swing lows
2/the numbers 20-50-80-100
3/pivot point levels ,..PP S1, S2, R1, R2,
if you get convergence ie ,,S1 a swing high and the number s (7250 ftse ) then that is a lovely lovely trigger
GO ON CHECK IT OUT SEE FOR YOURSELF
Cheers Rob