Thanks for the great scalping method! Ive read through everything and am playing with the method now.
Am I wrong in thinking that the closer price gets to the SMA channel, that the riskier the trade becomes, because it has an easier chance to push through to the opposite side?
I know you have said not to take trades close to the channel, but it also appears that most setups to happen around there, as this is where price seems to be magnetically attracted...
Can you elaborate on this a little?
Cheers!
Am I wrong in thinking that the closer price gets to the SMA channel, that the riskier the trade becomes, because it has an easier chance to push through to the opposite side?
I know you have said not to take trades close to the channel, but it also appears that most setups to happen around there, as this is where price seems to be magnetically attracted...
Can you elaborate on this a little?
Cheers!
Life is like a snickers, its full of nuts!