Scalping is Fun! 2 - Part 2: Practical examples

Heikin Ashi Trader

Summary

Scalping is Fun! 2

Part 2: Practical examples

Scalping is the fastest way to make money in the stock market. There is hardly another method that can be found that increases a trader’s capital more effectively. I explain why this is so in this four-part series on scalping.

In this second book, I deepen my setup with many practical examples. You will learn how to interpret Heikin-Ashi charts correctly, when to get into a market and when to get out. Also, you will learn how to combine the setup with important principles of technical analysis.

This highly effective scalping strategy can be applied in a short time frame; for instance, a 1-minute chart in addition to other higher time frames. You can trade using this universal method in equity indices and in the currency markets. Typical instruments, however, are futures and currencies.

Table of Contents:

1. Scalping with Technical Analysis
2. How do I Interpret Heikin Ashi Charts?
3. When do I Get In?
4. When do I Get Out?
5. Working with Price Objectives
6. Heikin Ashi Scalping in Practice
7. Does Technical Analysis Help While Heikin Ashi Scalping?
A. Support and Resistance
B. Swing High and Swing Low of the Past Days
C. The Importance of the Round Number in Forex
8. How do I Recognize Trend Days?
9. How do I Scalp Trend Days?
10. Conclusion

About the Author:

Heikin Ashi Trader is the pen name of a trader who lives in Berlin, Germany. He has more than 17 years of experience in daytrading futures, forex trading and swingtrading commodities.

Available since: 10/09/2018.

Business & Economics

Other books that might interest you

Epic Life

Justin Breen

Justin Breen considers himself a results guy; he’s great at making things happen, but not so great at generating awesome ideas. But that hasn’t stopped him from creating an epic business and life!What Breen lacks in idea generation, he makes up for in his ability to recognize when an amazing idea is presented to him. The concepts that rule his life and success evolved from conversations with innovators.Learn the thirty transformational ideas Breen has gathered from some of the world’s top business leaders. Each idea’s chapter concludes with simplified takeaways to help you think and take action to incorporate them into your own business and life.The author of international bestseller Epic Business is back with Epic Life. This sequel details how the ideas within led Breen to create and build two successful global companies—all while spending more time with his friends and family.Start your journey to creating your epic life today!

Show book

Project Management (Collins...

Matthew Batchelor

The project management secrets that experts and top professionals use.Get results fast with this quick, easy guide to the fundamentals of Project Management.Includes how to: • Deliver a successful project from start to finish • Communicate effectively with people at all levels • Manage changes and control scope creep • Identify and deal with risks • Work with common project management methodologies

Show book

Financial Freedom: Discover How...

Benja R. Khirvin

Finance may be confusing and intimidating. Financial industry opacity may scare outsiders. Finance is the vernacular of trade, the pulse of the economy, and a dominant force in capitalism. 
This book will employ different strategies to keep it readers captivated and focused. It narrows down the approach to understand Finance in a creative and lucid way. 
Ignoring budgets and depending on smart nodding to get through meetings is becoming impractical. You can comprehend finance without spreadsheet modelling or derivative pricing. This book aims to demystify financial topics. Mastering your intuitions won't make you a financial engineer; the market has too many. 
If you internalize these intuitions, you'll face economic obstacles with ease and excitement for life. Learn to master the game of money, and understand the concept of leverage. 
This book is for anybody interested in money. Beginners to finance may find easy-to-understand material to start discussing money. "Talking the talk" is easier than "walking the walk."

Show book

Future Skills - The 20 Skills...

Bernard Marr

Future-proof yourself and develop critical skills for the digital futureThe working world has changed dramatically in the last twenty years and it's going to continue to transform at an even faster pace. How can the average professional stay afloat in an ocean of constant change and technological revolution?In Future Skills Bernard Marr delivers an engaging and insightful discussion of how you can prepare yourself for the digital future of work. You'll learn which skills will be in the highest demand, why they'll command a premium price, and how to develop them. You'll also find: strategies for improving human-centered skills, like teamwork and collaboration; straightforward explanations of digital skills, like data literacy and cyber-threat awareness; and ways to make yourself an indispensable component of future firms, and practical tips for continuous improvement.A can't-miss book for every working professional seeking not just to survive—but to thrive—in the coming years, Future Skills belongs in the libraries of company leaders, managers, human resources professionals, educators, and anyone else with an interest in the future of work and how humanity fits within it.

Show book

When the Pressure's On - The...

Louis S. Csoka

At the highest level of any pursuit, the difference between the two top performers in a contest is always mental. One holds it together-while the other falls apart. The same is true in business. Whether you are confronting a crisis, making a pitch, negotiating a deal, or facing a deadline, your mindset can give you the edge. 
 
When the Pressure's On brings peak performance principles to the boardroom, revealing five core mental skills that enable professionals to excel while under duress: 
 
• Goal Setting-become mission-driven• Adaptive Thinking-replace negative thoughts with positive ones• Stress/Energy Management-keep your cool no matter what• Attention Control-maintain focus despite distractions• Imagery-see success before it happens. 
 
Together, the skills form the core of this complete brain-training program, packed with guidelines, examples, exercises, assessments, and the latest advances in biofeedback and neuroscience. 
 
By learning to harness the power of your mind, you'll achieve extraordinary results when it matters most.

Show book

Principles of Economics -...

Peter Navarro

This course introduces both macroeconomics and microeconomics.
At a business and professional level, macroeconomics can help to answer questions such as the following: How much should I manufacture this month? How much inventory should I maintain?

 
At a personal level: Should I switch jobs - or ask for a raise? Should I buy a house now or wait until next year? Should I get a variable or fixed-rate mortgage? And what about my investments for retirement?

 
In contrast, microeconomics can help to answer the following questions: How can my firm minimize its costs and increase its profits? What prices should I charge for my products? Will I really be better off financially if I quit my job now and go back for an MBA degree? What kind of career should I be preparing myself for? What about that new refrigerator or automobile I want to buy?

Show book