That's pretty much the way I'm doing it but the "could turn days" i've been preempting and getting burnt. Given me good stop technique though. I've tried a few "longer than scalp" trades and most of them get burnt because of the after market spikes and news in the US. Scalping using the 1 and 5 min charts on SPI and FTSE are working well otherwise though.
is it a doji day , page-49
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7,959.3 |
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| XJO (ASX) Chart |