A NEW WAY TO SCALP THE EMINI S&P: SCALPERS DREAM

One method of successful trading is to look for a great set up with intentions of holding the trade for only a short period of time with an exit based on either a profit target or indicator.

Here are several methods RSKsys can create scalp opportunity.

Two forms of entries include:

(GRsl) Group Reversals on slow charts

(GPD) Gaps Preceding Divergence

Two forms of exits include:

(GAP) Gaps on any of the data feeds

(GR/SR) Group Reversal at or below a Support & Resistance line

Left click on the pics for higher resolution.

June 9, 2009  GRsl entry with GR/SR exit,  1.25 points  in 1 min

June 10, 2009  GPD entry with GAP exit, 2 points in 10 min

June 11, 2009  GPD entry with GAP exit, 1 point in 4 min    

GRsl entry & exit. 2.25 points in 11 min

Notice point A and point B.  Same price but the yellow colored bar spells weakness. Market drops.

June 12, 2009 GPD entry with GAP exit, 1 point 2 min

June 12, 2009 GPD entry with GAP exit 1 1 point, exit 2 1.5 points, exit 3 3 points