fingertrap

NaughtyPines NaughtyPines SPX500, 60,
SPX500: THE SIMPLEST SCALPING METHOD I KNOW -- THE "FINGERTRAP"
2963 0 3
SPX500, 60
THE SIMPLEST SCALPING METHOD I KNOW -- THE "FINGERTRAP"

While I no longer scalp much due to the time commitment scalping generally takes (particularly in instruments most effectively traded during the NY session), I used to scalp a great deal when I was in spot forex. The simplest scalping technique I have come across and used exclusively was the "fingertrap method." Although I am not sure who is the originator of ...

NaughtyPines NaughtyPines SPX500, 60, Short ,
SPX500: WAITING FOR 1H 8/34 CROSS BEFORE CONSIDERING /ES, SPX500 SHORT
124 1 3
SPX500, 60 Short
WAITING FOR 1H 8/34 CROSS BEFORE CONSIDERING /ES, SPX500 SHORT

I've been waiting virtually "forever" for a "downward facing" 8/24 EMA on the 1H to initiate a "fingertrap" short on /ES (SPX500 shown here; the "fingertrap" method is described in the post below). The actual EMA cross hasn't occurred yet, but price has broken below the 34 EMA, which is promising for the setup. Naturally, the movement can fizzle out, particular ...

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