Sorry, HTF bias...?
If you've been scalping this volatility like I have, you've lamented over closing a few good long entries at your pre determined target. This is why it's prudent to have a HTF bias. If HTF bias is bullish:- - Cover shorts at target - Move stops up, use trailing SLs on longs
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High Time Frame (1D for most).
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thanks for sharing
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Mind sharing your chart? They’re always so clean! Also, does your HTF bias impact which time frame you chart for scalping? Thanks!!
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One thing I need to get better at for sure! Great tip
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"cover shorts" = limit profit take or switch from long to short. like having 10k longs, have a limit buy 20k shorts @ target
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Limit profit take.
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Good advice. I’ve been learning scalping as I go up, because I had a bad habit of waiting for everything to 100x. But moving stops up is like having paper profits and letting them run.
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