Trend is your friend until it bends. This is the motto for most trend traders.
But you can use the trend for scalping as well.
When price retraces, you enter a trade in the direction of the trend.
This method has some advantages. The most important is your chances of winning are higher.
Watch this recorded webinar and learn this simple trend scalping strategy.
When you scalp in the direction of the trend, chances are you can catch big moves as well.
If you have been reading my posts, you must be knowing now that I don't like scalping.
I want to make at least 100-200 pips per trade.
This is what I do. I let the trend change. When the trend changes and is confirmed, I look for an entry.
Once I have a low risk entry I enter in the direction of the new trend.
I don't try to catch tops and bottoms. This is very important for you to understand.
