I use a tick chart with time frames etc - but to keep it simple for a start try this - 2 charts - a one minute and a10 minute. Put a 45-55 Linear regression indicator line on both and on teh 10 min also a RSI at 2 settings.
Set it up and watch and follow onEu for a few hours etc and then i can explain more as you start to match it up with your own system. Then on main frame changes within 5 mins of each side - look for changes in direction etc - thsi should indicate a move of 7-20 pips depending on strenght etc
Good luck and will send more as you follow it. Also the 10 min RSI 2 will show you the highs and lows for you to match with the 1 min charts etc - regards Peter
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Hi Geert re some info to help you on scalping -
I use a tick chart with time frames etc - but to keep it simple for a start try this - 2 charts - a one minute and a10 minute. Put a 45-55 Linear regression indicator line on both and on teh 10 min also a RSI at 2 settings.
Set it up and watch and follow onEu for a few hours etc and then i can explain more as you start to match it up with your own system. Then on main frame changes within 5 mins of each side - look for changes in direction etc - thsi should indicate a move of 7-20 pips depending on strenght etc
Good luck and will send more as you follow it. Also the 10 min RSI 2 will show you the highs and lows for you to match with the 1 min charts etc - regards Peter
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