12. Master Class [6] - Scalping Part 2

Question 1

To establish direction, what two timeframes?

Answer 1

15m and 5m

Question 2

The Asian session is the first thing to look at. What specifically are you looking to see?

Answer 2

The daily open, and whether price looks like it will come back to test it

Question 3

Scalping is about exploiting what two things?

Answer 3

The movement to/from the daily open and the 50 EMA

Question 4

Scalping is all about entering on volatility. How best to find the volatility on the 1m timeframe?

Answer 4

Look at the TDI indicator

Question 5

Every time you see a gap on the 1m timeframe, they are going to fill it. Why is that significant?

Answer 5

Because a reversal is imminent

Question 6

What is the confirmation candle that you are looking for when entering?

Answer 6

The candle that comes after an initial vector candle, or confirmation of the vector itself

Question 7

When the 5 and 13 EMA are compressing, the first candle that breaks away does what?

Answer 7

Establishes direction for the next move

Question 8

What is the most powerful area on the 1m timeframe at establishing resistance or support?

Answer 8

The retrace to the 200 EMA - they always use it

Question 9

Why is the range of Asia so important?

Answer 9

Because that is where they start their accumulation, building their longs or shorts