Wednesday, 7 December 2011

Scalping Mode

Markets were slow this morning (London time) and I went straight into scalping mode. Same methodology but used 90 second bars. End of year, no MF Global customers, uncertainty, impending Euro announcements, all have paid their toll on volume. As traders, we always need a plan B. This is one of them.

I'll be trading until December 16 and then stop for the holiday period until January 3. Except, of course, if something major happens and the markets go mad.


  1. When you trade the Euro do you use 24 hour sessions on both the range chart and market profile chart for trade planning. Thanks in advance.

  2. I split the Profile into the 3 different time zones and adjust into distributions if the time split isn't perfect.