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YTC Price Action Trader (

  #78 (permalink)

Elite Member
Salt Lake City, UT
Trading Experience: Intermediate
Platform: SC, NT, MT
Broker/Data: AMP
Favorite Futures: NQ ES YM Bonds
Posts: 240 since Mar 2010
Thanks: 49 given, 338 received

anyone trading his scalping technique... which is what he indicates he trades now....

PAT is still the foundation of the method - its the foundation of it all in my opinion

the scalping approach uses a very low range with a minute based HTF

see the setup formation in the HTF

take the trades on the lower time frame

concept is that price is within a price channel and he has come up with a measure/gauge of the channel

basically you buy low and sell high where the sides of the channel indicates the extreme limits.

if you look at any price channel you start to see where pull backs tend to form before they continue with trend

and you see where reversals form and swing the other way

after some research you see where the high probability trades are....

As with most Beggs things, easy to understand, implement, and follow.

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