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Wanted to say Hi to other Currency Future Traders. I am a short term 6E Scalper.... I follow short term tick charts... scalp 3-4 ticks 5-6-7 times a day.
Rollover took time, but I'm back at it now.... difficult to trade when volume is divided between old and new contracts.
Can you help answer these questions from other members on NexusFi?
Hi Trend Guy,
I am also trading the 6E short term. Do you let any contracts run past the 3 to 4 tick profit target? What kind of stop (if any) do you use?
I trade using a two tick renko footprint chart and Jigsaw trading tools. I set my initial targets at 8, 12 and a runner. My "safety stop" is at 8 ticks.
I'd love to hear a bit more about your approaches @Trend Guy, @Wartrace.
Do you scalp based on Overflow, Indicators, Technical Analysis?
Have you been doing this for a while already and found it do be profitable in the long run?
If you want to do a bit more that scalp a few pips multiple times a day and you are an active trader I can give you some longer intra day trends.. make more that a few pips.. anyways.. cheers everyone..
Hello all,
I am doing something very similar to what Wartrace describes. I want to trade forex somewhat longer term but feel that order flow is a useful adjunct so I am using the Jigsaw tools and the 6E.
I didn't think forex was great for scalping because of the spreads and occasional irregular moves based on brokers but I think the 6E is ok for scalping.
I would like to continue the discussion. I am not sure what the original poster is planning.
Cheers
T
