Bull and Bear

Scalping 101 .. PART 3

elp25
Publish date: Wed, 26 Jun 2019, 02:48 PM
elp25
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Scalping 101 .. PART 3
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Now , you have your watchlist, trading platform setups
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now is about timing..
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Not all stocks will move or active at 9am..
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most of the time..only those had super good news prior market open will move more fierce..
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Most of the time, gap up happens.. and possible sell down by end of day..
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Strategy for above criteria:

ONE)

EAT at first BID, no matter how far it jump (unless limit up price)
with SL 2 - 3 bids.. and TP with 2- 3 bids (success rate, LOW)

TWO)

wait for it to cool down. and after first wave of Profit taking, only enter.
with 2-3 bids SL... look for Support of the day as entry... and ride for second wave

 

 

To be continued in PART 4 (27-Jun-19, 12pm, our facebook page)

https://www.facebook.com/KLSELION/

 
 
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Disclaimer:
 
Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management
Do Your Own Due Diligence (DYODD)

 

 

 

 

 

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