Szeri Nos Biggs Trading is Scalping M15 CADJPY
One of the features of systems that we use is not recommended by many others. Most teachers suggest a consistent size for each trade. We on the other hand are advocates of taking a BIG SHOT in low time frames .
Scalping can be treacherous for novices and unless you have a clear understanding of directional bias scalping is a money losing proposition.Taking “Big Shots” can kill you if you do not clearly have your target measured for the “Kill” shot. We like Nial Fuller’s explanation and his entire trading philosophy regarding BIG SHOTS.
However since M 15 is often a 15 to 50 pip move a large position can earn nicely and even when you are wrong the Long Term charts confirm your trade is in the right direction and says its still ok.
Here is a chart from last weeks scalping of CADJPY M 15. Notice not one trade was perfect but we were out early on the up side and closed to avoid week end event risk.
If you are interested in learning how to take the “kill shots” for earnings like these we can help so hit the button.
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