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3 categories of scalp trades

These timing methods come under 3 classifications:

1) Time-sensitive trades
This comes in 2 forms:
· In opening range breakouts, where a quick scalp is taken minutes after the open, in the direction of any market thrust.
· Trading to capitalise on the regular market turnaround times like 10am & 3 pm NewYork time.
2) Countertrend trades
Where trades are taken in known periods of trendlessness during the trading day.
3) Trend continuation trades
These methods focus on entering the market in the direction of a trend AFTER the trend has gone underway. They are also classified as retracement trades. The Ultimate market for these scalping methods

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