CREATIVE COMBINATIONS
CREATIVE COMBINATIONS
In this eBook I didn’t exhaust all possible variations of how to use these
scalping techniques, which would result in an impossibly large book. I pretty
much covered the most common and significant techniques but encourage you
to expand upon what I’ve shown you by developing your own variations.
Generally speaking, you can pretty much take ANY Forex technical trading
technique and adapt a scalping approach to it. The core idea is to utilize a tiny
scalp entry to get into larger positions based on those other techniques.
Can you incorporate “scalping” into such things as “Elliot Waves”, Gartleys,
Fibonacci, Gann, Pivot Points, or Candle Stick Trading? If you use some
kinds of indicators (i.e. MACD or Stochastics) and some strategy for
entry/exit based upon it then can you include scalping principles to razor
sharpen your trade? The answer to all the above is YES. The bottom line is
that just about ANY style of technical analysis can somehow assimilate
scalping principles.
Feel free to start imagining how you can combine scalping with your favorite
trading styles. Go ahead and be creative. By intentionally being a creative
thinker you’ll become more innovative, and that can only help you to improve
as a trader.
Think about it – ALL “technical analysis” and trading techniques were
initially conceived in someone’s mind through observation and trial and
error. Don’t underestimate the potential of your own ingenuity.
Keep in mind that when you come up with a new strategy that it is a good idea
to first practice it with either a demo account or with just a small real money
trade (depending upon your confidence).forex sato
This eBook only shares a small portion of some of the strategies I’ve learned
or developed. I don’t have the time to write a complete brain-dump of
everything in my mind (I don’t aspire to write an encyclopedia), nor do I
believe sharing everything would be beneficial to you either (in fact it would
probably confuse or even overwhelm you). Over time, as you grow in your
experience, you’ll see correlations and perceive a depth that I don’t even
know how to explain to you. Perhaps the best way to describe it is that there
is an almost intuitive understanding of how everything works – not meaning
to sound mystical or anything but there is a kind of Zen quality to it. I hope
for you to one day get to experience this, which I think can only come from
much observation of your charts.
forex sato
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