I resort to scalping when my analysis Is off I have been on and hope my members have pulled in some nice money I wont say these were no brainers but after 68.5 to 73.38 to 68.90 and back to 70.60 there has been a rhythm to the pendulum what makes us more ecstatic is the lack of stress. When scalping even agood one you get that tightness and worry each an every trade
and there is always the threat of a gap which can steal hours of trading from you in one fell swoop. The opportunities to trade this range have started on the overnight when things go well like this the overnight is always the key to the big score. I am now using half point stops the rest of the week after getting stopped twice early monday night before getting it right a quarter
is just too tight this is an animal and because of the increased volatility our entries have been
more difficult to land within .25 cents also if you lock a couple losses in a row you might get thrown off balance and watch it pass you whipsaw you and essentially make you experience all the negative horrible emotions that are the spectrum of pain when things are not in sync.
There has been a fair amount of luck here but the data has been telegraphed as well and the charts have also ben quite telling although I begrudge giving them any credit as My technical analysis guy and I are no longer seeing eye to eye.
So Im long and got long around mid to late afternoon and even I am surprised at the pop here are inventories not so bad the futures are down on the outset Im ahead I move my stop past even to lock in a half which should still keep me safe from being stopped out while I take my home run swing
and drop an email chrgr06@yahoo.com to schedule
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