This is an easy to use system to begin scalping any fast moving market. It uses the Guppy Moving averages indicator for Mt4, and a really short RSI setting of 3. Read on and learn how to use it, and get the files to set up your scalping template. First of all, we all know that trading with the underlying trend is the best way to scalp a few pips of profit. You can try scalp … [Read more...]
Using Volume To Help With Trend Trading
When you're trend trading, you want to be in as long as you can, but in addition you may also want to add to a position as it begins to be profitable. Once you have entered and removed the initial risk from your first stop loss, here is a way to find great levels to move your stop under, and to maybe add small positions into the trade. Volume Level Strategy Important … [Read more...]
Fast 1 Minute Trend Scalping System – Only For The Brave!
I'm a sucker for a fast moving trend trading system. I get bored watching long time frames, and like to be in and out quickly. So here is an idea I picked up along the way that is a really fast moving trend scalping system. Now, please be aware, to be successful with this system you really do have to be in and out fast! No holding for greed... No "what if I caught the … [Read more...]
Trend Following Strategies: Indicators That Can Keep You In The Trade
While I never recommend using indicators as the sole method to determine an entry point, once you are in a trade there are some useful indicators for trend following which can help filter out the noise and fluctuations as trade begins to develop. Here are some indicators and ideas to help you stay in a trade once you have entered in the direction of the trend. Oracle Move … [Read more...]