Valutrader Scalp Trades
Quite a few folks asking for a reliable scalp setup in NodeTrader – so we came up with a good one. These are scalp setups in the direction of the trend only on the time frame you are trading with momentum on your side. I always like to leave a runner to reduce some of the skewed results of scalping – like average losers being greater than average winners which is simply a result of the stop being greater than your first take profit. These entries are equally reliable on tick or time based charts and many times when no other setup exists with NodeTrader because I have all my filters in play – the scalp trade is there to make you some coin. Check out our trading results (all results in the last week are scalp setups only) here : Valutrader NodeTrader Results.
Today on the 2 min CL there were no high volume node trades to be had but 3 winning scalp trades in a row. For the screenshot, the position sizer is set to risk only $300 on a trade which happened to allow 3 contracts on each of the setups (typical stops on CL 2 min chart scalp setups are 10 ticks). Assuming you took 2 off at PT1 and then trailed the final contract to PT3 – a nice $475 after commission. If you want trading results like these with one of the only pieces of software out there that position sizes for you on the fly and prints stops, entries and targets, then you need NodeTrader. Ask me how to get a 30% discount off the published price (it’s so easy you won’t believe it until you ask me firstname.lastname@example.org).