XJO 0.24% 7,748.6 s&p/asx 200

14/08 Indices, page-57

  1. 1,214 Posts.
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    If your scalping the last thing you need is live input from anybody else.

    Scalping XJO can be great in the right conditions = rangebound with indecision but need a lot of size and strict risk to make it worth your while. I'd recomend Point Of Control set-ups near confluence where you are near guaranteed to get a reaction and don't be greedy.

    Need something like HK and NDQ for such activity IMO where a scalp can be over 100pts on opening activity.

    Everyone seems to define scalping differently anyhow, I think true scalping is scalping pips 10-20X an hr (horrible work for redbull enthusiasts) but most here seem to call 15-30pts a scalp which it can be also.

    Best find a way to trade that meets your needs and nail it, then make it the only thing you do.
 
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