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this is not a champ for me. i work in this for a living, and scapl it isn´t my main system. i´m a day trader and when i take a good trend, sometimes a try to scalp 5 or 10 pips in the direction of the main trend to increase my profits. i put a sl of 30-40 pips to earn 5-10 but only when i´m...

General advice for stop placement: 1. Define a stop loss. Why do you set a stop loss? -it's the point where you know that you're wrong. 2. Where/when will you know that you're wrong? -Let your system/the market tell you. Now, let's say you set your stop 10 pips away. What does that mean? Why...

Divergence & all , I really interested in Divergence's stuff I stumbled over and in particular the Video Trading made simple , amazing trading the S&D levels . I am quite familiar with S&D and studied it quite a bit along with other Market mechanics , i'm really interested in understanding the...

thanks for sharing

correlation of 1 means it is completely the same and -1 the complete opposite. You need it for basket trading. You take pairs of e.g. USD like EURUSD, GBPUSD, AUDUSD and GOLD with an high correlation and when one pair moves down or up, one will follow and the others must do the same with some...