"PS - when the goat is bored he compounds up massively - can be great and result in some smashing pay days, more often than not though the damn creature ends up back at break even and faces the clamp. "
In terms of leverage - IG have a slippage margin of 13 pips on EU. So lets say you had £500 you could hypothetically trade £21 per pip with a 10 pip stop - if of course you were mad enough to do so!!!
With fibs i…"
Yes a tick chart can help you on main time frame changes with entry and exits for scalps of 5 -25 pips normally
First geta tick chart open ideally on 10 seconds - then make sure you are able to put the following indicators on it - Linear regression lines - ideally 200 300 450 650 and 750
then 2 parabolic signals - one set at 0.002 and 0.001 and the other signal at 0.002 and 0.003
Colour code and thern you will see patterns of above or below the ticks and price to give you idea of bias - whether its going down - or going up. Very useful to use with 1 and 5 min charts and also on 30 min and 1 hr changes - good luck and let me know how you get on