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Thread: Scalping and Intraday Trading Strategies Discussion
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Old 11-13-2009, 01:18 PM
munawwar_a munawwar_a is offline
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Join Date: Sep 2009
Posts: 14
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Quote:
Originally Posted by leithtec View Post
Sean ... my Posts on the USD/CAD Pair often refer to a Running Volume count on the 4H for my Weekly Swing Trading style ... one scalping method that I use however (usually on inside days for app 20 to 30 pips) involves observing the Volume on my 15 minute candles on breakouts or reversal formations within the most recent leaning of my 4H William's %R calculations ... larger Volume on a 15 min. Bar accompanying a reversal at the extremes within the 4H leaning is what I wait for ... FXAccucharts provides Volume just by clicking on any Bar at anytime ... this is a carryover for me from trading the Futures Markets ... I realize this style of Trading is involved ... and I must say that overall the accuracy and profit % remains consistent ... I couldn't Trade an other way.
Hey man long time no see, will u be willing to share your trading strategy mentioned above? I need a little more detail. I'm still trying to learn scalping.

By the way Sean, hope u had a blast on ur vacation, good to have you back with us. I listened to your advice and I've been trading medium term using daily charts and using lower time frame charts to refine entry. Rode the uptrend wave in EUR/USD and AUD/USD and also rode the USD/CAD in the downtrend wave, using stochastics and it works like a charm. Got off over a hundred pips in each pair, the trading lasted for about a week and a half.

Thanks man.
Last edited by munawwar_a; 11-13-2009 at 01:32 PM..
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