Real-Time Trading Signals
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Timing is everything Do you chase the trend after a high volume big move, only to watch it reverse? You know better, you should have waited out the excitement, and enter later if the trend is intact. Or worse yet, do you try to catch the lows or highs, only to watch your prices broken, and your losses grow? What are the best times to trade, if you want to trade high probability setups? Scalping requires great timing. Typically, scalp trades are held for less than 30 minutes. When a high-potential trading opportunity begins, TradeScalper generates signals by scanning for patterns with real-time Futures and Forex market data. The best trade setups are the inside retracements (ie, not new highs or new lows), when the market appears quiet but still has plenty of volume. But it is precisely these times that lull most traders to sleep. TraderScalper.com provides signals for these high propability setups, using automated pattern detection. In short, it alerts you to trading opportunities when you should be trading... before the big moves happen, not after. Why only entry signals? Many systems try to predict the future, giving you target take profit price levels and stop loss levels. We do not believe in predicting the future. We believe in letting our profits run, and limiting our losses. Based on current market ranges, stop loss orders should be placed at 2-3 ES points, 3-5 NQ points, 10-15 Dow points, 10-20 Forex pips. Our signals are alert you of market entry opportunities, as part of your semi-automatic scalping methodology. Once in the scalpe trade, you must focus and monitor your trade, with your own take profit and stop-loss methodologies. So please make sure that TradeScalper signals fit your trading style, by evaluating our free trial, before subscribing. The following table lists the signals triggered for the most recent trading day. How do you read this table?
The Reward-Risk Ratio shows the potential gain divided by the potential loss, over the 30 minutes after the signal is triggered. A high Reward-Risk Ratio implies the trade signal is good, resulting in market tendencies as predicted by the signal. A low Reward-Risk Ratio implies the trade signal is bad, resulting in market going away from our predicted path. Why only entry signals? The TradeScalper system identifies around 5-20 signals per day, over 7 different markets, with more than twice winners than losers on trendy days. On choppy days, with small spikey moves, the system is smart enough to identify fewer signals, yet still catch some winners. How do you trade these signals? When a signal is triggered, the market tendency is identified for the next 20 to 30 minutes. Profit targets should be established based on prior support / resistance, or the size of recent primary / secondary waves. In normal environments, a good profit target is 20-50 Dow points, 3-6 SPX points, 5-10 NQ points, 30-80 CL cents, and 20-80 currency pips. Your targets will depend on support and resistance levels, which you must identify from the charts. Stop loss orders should be placed at less than half your profit targets, which is very tight, ie, 10-15 Dow points, 10-20 pips. Tight stops work because TradeScalper signals are very TIMELY and ACCURATE. TradeScalper detects only the best high-probability trade setups. As a scalper, you have to be patient enough to wait for the best patterns, not just any good pattern that looks valid. You need to wait for a nice deep retrace, one that doesn't break the primary trend. The best scalp trade are those parabolic moves that runs for a maximum of 20 minutes. Often your targets will dictate whether you enter the trades, whether the rewards are worthwhile compared with the risk. For beginners, try to restrict yourself to trading a single instrument, maximum 2-4 trades per day, based on the best chart patterns. Try to take a trade ONLY IF you believe that is the BEST trade opportunity of the day. Especially when you're learning, don't overtrade. E-mail us with your comments. For free real-time signals by e-mailed, click here. Copyright 2009- by Trading Support Technologies Inc. All rights reserved.
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