![]() If you were scalping, you might have a limit order to exit with a 2-point profit. ![]() For example, if you sold with a stop 1 tick below the low of that bar, you’d get filled right there. When I’m scalping, I often put up a 10-bar Exponential Moving Average instead of my usual 20-bar Exponential Moving Average.Ī scalp, it simply is a quick profit, and you often enter and exit on the same bar. This is 2 minutes later, 2 minutes later, and the red line is a 10-bar Exponential Moving Average. In this first video, I want to talk about some general rules that scalpers should follow. This is the first of a series of videos that I created on scalping. I hope that you find the material useful. The first video is going to be about the rules for scalping, and then the other videos in the series will be about how to scalp. I’m creating a series of videos on scalping. ![]()
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