Disliked{quote} Thank so much Alan! Your charts and explanation makes sense to me. For this specific scenario, a bit experience with price action required, on long H1 downbar, down momentum should prevent any bullish M5 divs from being entried until it closed. Because first moments of new bar right after big downbar normally make some retracements. And ofcourse, it is good for scalps/hedges and TP set to MA. Btw from Alan MM lessons, how many lots should we enter for these scalps/hedges?Ignored
For me a scalp is just a stage 1 entry where I am not expecting a major move but could pick up a few pips here and there. Sometimes the scalp can turn into a stage 2 or even 3 entry. For example the buy in the morning and sell in the afternoon situations.
A hedge is the sum of all the trades. It effectively matches dollar for dollar in the opposite direction from the primary trade and is an excellent way to pick up top dollars for no risk.
