In terms of scalping, does anyone here use RSI as a guide? Looking at 3 min chart on Dax, you can pretty much always see a nice bounce to grab a few points.
This is a strange market. No telling what's going on. Santa rally? Traders closing positions before 2015? Oil dropping ftse. I'm expecting vx to increase this week and for ftse to end higher. Just my two pennies!
Thanks Shane. I nerd to work out my net loss as I had some wins in their somewhere. Obviously swamped by the losses.
This has been a very costly lesson indeed. M
I need to learn more. Have a defined plan. Have a tolerance loss level. Stick to that and listen only to myself. In fact I'll...