Cunparis,

Not too schabby !! 7/11 is the SuperDom ATM scalp strategy I use for the YM. Plus 7 is the first target and plus 11 is the second target, no runner. I move the stop to minus 7 after my first target is hit. Of course I can pull the plug at any time. (hit the close button) I try not to do this though.... I like to let my analysis play out.

Pizza night is Paris.... sounds pretty cool to me. Domino's????

Jeff Castille 

Cunparis, Not too schabby !! 7/11 is the SuperDom ATM scalp strategy I use for the YM. Plus 7 is the first target and plus 11 is the second target, no runner. I move the stop to minus 7 after my first target is hit. Of course I can pull the plug at any time. (hit the close button) I try not to do this though.... I like to let my analysis play out. Pizza night is Paris.... sounds pretty cool to me. Domino's????

If I can just cut out a loser or two I think I'll be profitable.

Just had an AHA. I thought you were moving the stop to BE. If you move it to -7 that guarantees you a BE trade. Now I get it. I'll try doing that for a 4/8 target.

our restaurant choices are dictated by which restaurants have the best kids meal and free toys.

Or perhaps a 3/6 targets on the ES.... once you decide that scalping is your game you really don't care if the market moves signifcantly past your targets. You just start looking for your next set up.

It looks like there is a great thread starting up about price action. Check it out.

Thanks guys for the interesting thread.

Here are my trades for today - 5 - all winners. +25 tics = $312.50.

Lolu, I only trade ES at this time, so I can't give an informed opinion on your question about other instruments. For me, I would just put them on charts and see what things look like. Make adjustments as necesary. Like Jeff said, just stand back and look at the whole picture. The bottom line is having a simple chart that highlights the price action in a way that allows you an opportunity to get in and participate in a profitable way.

Have a good weekend all.

Mahlon

Mahlon.....just awesome..... great way to start the weekend !!

Hey Mahlon.... would you be willing to share the "dots"?

Jeff Castille 

It looks like there is a great thread starting up about price action. Check it out.

did you forget the link?

Sure, it is just the zig zag indicator with the lines turned off.

Cunparis.... I'm not sure how to attach a link but..... it's entitled "Reading Price Action" and you can find it by scrolling down the upper right box.

Thanks, Mahlon for the indy.

mahlon would be willing to share the template.very non technical here
thanks