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Thanks for the question, I am using a combination of vwap+SD's and Ichimoku tick charts for the entry setup, and my usual range charts with S&R for the trade management, I do scale in on support or resistance levels with a limited number of contracts (3-5), stops are tighter. As I am really busy in those days I haven't had time to fine tune the method. The idea is to use the italian job method for the UK session and the trend following for the US one. I will soon start posting some Sim trades with relative comments.
In order to decrease the risk, instead of scaling in every 10 ticks I will place my orders on the next support line for long entries and on the next resistance line for short entries as indicated by the Fibonaccizones indicator(distance from last entry must be >= 10 ticks). The entries nearby S&R should increase the possibilities of a price reversal in the direction of the trade. The first entry will be as usual on the vwap 2SD. A maximum of 5 contracts should be used.
