Bonus 10: Scalping Series: #02 Scalping 2-minute Emini chart

Question 1

If you have an “ii” inside bar and the send bar is closing on it’s low, you look to sell below it.

Answer 1

Question 2

Most traders don’t like reversing their direction immediately.
Often, they will get out, wait a bar or two, then trade in the new direction.

Answer 2

Question 3

Al likes to trade in the direction of the trend.

Answer 3

Question 4

“ioi” is a breakout pattern. See green squares.
When you have these breakout patterns only look to go in the direction of the last bar (in this example, we’re looking at the third bar, which is outside, inside. )

Answer 4

Question 5

A surprise bar will often be followed by sideways action and two legs up.
In this example at double top, it is still “Buy the Close,” so Al would not be shorting yet.

Answer 5