Islander and Medici trade the European open

+190 on Dow since 15:15 posted here this afternoon - missed that last spike down as afk.

My S20 chart since NYSE Open, chart used with M1 & M5 for Hit and Run trades in this type of market

PS The VHV WRB hammer at the low on M5 suggests a low for now. TWT

PSS Couldn't resist buying the Higher Low after that nasty spike down - suspect SM buyers were there

GM

" PSS Couldn't resist buying the Higher Low after that nasty spike down - suspect SM buyers were there "

That was at 26,494 and I switched from Hit and Run to Intra Day Swings, with the Trade Manager turned off and TP set at +100 which was hit at 17:29 whilst I was watching England's Lionesses beating Norway 3 - 0 in their World Cup

So yesterday afternoon on Dow was + 190 from H & R and +100 from Swing

With Trump at the G20, I'm back into Hit and Run mode for today

By off SS into XO

Edit: +12 at yest close area

Buy > brn

Edit: +8 poor trading, on phone

Sell 12,308

Edit: +5 re brn

Sell M SS / fractal

Edit: SL to -5

Edit: +8 at H3 pivot

Buy BRN / fma - SL at -10

Edit: SL now to -5 - crappy PA - mr 1 & poc held

Edit: bailed - a wash

Its 4:40 PM in Japan & POTUS is Tweeting like crazy - so not trading, audio alerts set and not far from screen

This is sufficient real time posting for now as I expect volatility to return next week when the G20 meeting has finished.

Some reading of a couple of threads in FF has reminded me to spend more time looking at the higher TF charts and working on potential areas of interest as in this M 15 Dow chart....

GM - nice to see the Price Projection hit a couple of hours ago its at 26,853 cash and the high so far is at 26,866.

Likewise on Dax where the PP was at 12,555 which has just been achieved

Bt Dax pre XO off fractal / m SS

+30 at BRN

NB!

Quoting Dutchy Daxy
DOW (and NQ) close to the Rec High. +/- 100p only to go. Also the DOW has a Daily ETH GAP down to 26.670 zone/Fridays high {image} {image}
IMO those should to be hit today - but perhaps a downward stop sweep type of move first?

TWT

The chart says it all

PS a similar story for Dow where I bought ~the half #

OK so switch to Dow from lunchtime but not worth bothering before the NYSE Open and here's a KISS chart with 1 MA and an envelope as a guide to OB / OS......plenty of opportunities on the short side
...

Dow M1 KISS

It's a little bit strange strategy. First, I don't like to wake up early in the morning. I like to sleep. Secondly, you are most likely scalpers. But how can you have so much experience in trading and be a scalper? Hard to believe as for me.

"the early bird catches the worm" as the saying goes
Trading DAX one has to be prepared and well awaken at the latest by the London open.
For DOW it is the US session open. For trading it is important to follow the relevant data releases.
Scalping has been around for a long, long time and is a well recognised way of trading and of making good profits
Scalping in itself has to be tuned precisely by each trader as to the PT and SL.
When I scalp, it is a very intensive trading, usually above 60 trades in a given session, though I know a trader who scalps DAX, his PT are several pips, lets say 5 to 10 pips, on average day he has well over 100+ trades a session. Obviously he is not posting his trades, no time, no point, so why one has the beauty sleep, he is already hundreds of pips away. Nothing wrong with sleeping, but for me living in the UK, laying in bed after 7 am means no pips on DAX. a reasonable choice.
I am aware that point of view does not fair too well in current PC and entitlement bankrupted ideology raising its head in different places , but in trading like in life general, equality of outcome is not there, it never been there so it even cannot be dead. So running away from utopia and setting a workshop correctly and trading, if that is what one purposes to do seams to be a good idea.

At the beginning of a trading session, whether scalping or not I ask myself few questions:
Am I ready for taking risk? - is one of them, if I like comfort of profits without taking risk, I do not trade, detecting a self delusion only likely to result in losses.

I am usually in a mid to longer trade multi entry position/s, but if scalping in addition to these positions, I am often done within 3 hours, of the given session opening, DOW is slightly longer.
One good think about scalping, there is no need for higher TF trend consideration, trading both ways is the way, but not that easy without a good strategy.
Obviously I am not scalping atm, as I am typing this post. Soon will walk our dogs, and trade again the DOW during the US session.
Good trades to all,
2be

KISS

Scalping has a different meaning for each trader depending on his / her chosen methodology.

When I was - for me - as a true scalper I would make several trades / minute and I turned a €1,000 account into €18,000 in two weeks before the broker started re-quoting & slipping me.

I no longer trade that way and I do not consider my trading to be scalping, but Intra- Day trading. As such, I am at my screen before the Eurex Open (old style) and often in a trade before the Extra (cash) open.

My trades are live in a small chat room.

PS From your posting history you are still searching for for a methodology that suits your requirements. Good luck with your search.

@2be - thanks for your post and I agree with your comments.

I usually trade for ~3 hours in the morning on Dax and ~3 hours in the afternoon on Dow

Regards