DislikedI've been following all the TKimble threads since they started and just wanted to get some clarity on the daily scalping...
1. Is the 40 pip SL trailing?
2. How do you define the trend? Higher/lower close, above/below some moving avg, ...?
Sorry if these have been discussed, I missed it if they were.
Thanks!!!!Ignored
Follow the previous days market action. If the previous day was up, go long, if the previous days action was down, go short. Reverse when you get three consecutive days of up or down price action...
Tkimble