فوركس ساتو

THE OPPORTUNITIES
In this section of the eBook we will look at several opportune setups to watch
for potential trading opportunities. This section assumes you understood
everything from the above section and takes some of those concepts further.
THE FOUR MAIN OPPORTUNITIES
There are four primary opportunities to enter into a scalp trade, but there are
also sub opportunities. Here we will look at them in general, but will delve
deeper into each subject later. The four primary opportunities are:
Micro Trends & Trends
Pattern Breakouts
After FA
Within Ranges
Micro Trends & Trends – As introduced in my eBook “Forex Surfing”, micro
trends make for excellent scalping. You can scalp for small pips (repeated
entry along the trend) or scalp as an entry method to get on board for a longer
trade (for many more pips). It is also noteworthy to mention in the topic of
“trends” that you can pay attention for trend reversal signals for scalping
opportunities, particularly when the price is approaching a potential trendline
bounce as seen on a larger perspective chart.
Pattern Breakouts – In “Forex Surfing” you learned a number of patterns that
eventually result in a break out. Simply wait for breakout to occur and scalp
the breakouts. Often breakouts create micro trends that may be scalped as
well according to methods appropriate to micro trends. Some breakout
patterns (this list is far from all) include consolidations, triangles, flags,
pennants, previous day’s high/low, etc… It is also noteworthy to mention,
though not typically considered as a “breakout”, you can also scalp based on
pivot points, and the retracements/extensions of larger fibonacci swings.
After FA – Immediately after a Fundamental Announcement has hit and the
uncertainty of what the FA will be has been exposed the scalper can begin to
enter into trades that often yield both quick and large movements. Be sure to
have read my eBook “Explosive Profits (revised edition)” as it deals a lot with
this phenomenon.
Within Ranges – Within ranges can be perfect sideways moving or even
sloping consolidations, including patterns such as flags. You can even scalp
within the range contained within a triangle pattern. Typically these ranges
are spotted on larger time frame charts. The smallest tradable range is a
minimum of about 10 pips, though larger ranges are generally
preferred. Generally speaking (not so for sloping ranges), you can catch
scalps as the market moves both up and down within the range.
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