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Where would you exit on Bull entry #2 and Bear entry #2
It depends on your plan but when you enter with limits you are mostly scalping. If so, both of them reached the target.
Alternatively you could also take the long for a swing but at bar 1 (in the picture above) you got a wedge with a doji SB, so you could exit below and, if not, the next bar was a bear bar closing on the low, so you definitely have to exit there your swing.
The bar 3 scalp and swing is worse, because it is a wedge with a good looking SB in what seems to be the bottom of a TR. If you take it for a swing you need to exit above 4, which is a DB second entry with also a good SB.
It depends on your plan but when you enter with limits you are mostly scalping. If so, both of them reached the target.
... So scalp profit target is 1 point?
... So scalp profit target is 1 point?
When those charts were made, yes. It is the minimum scalp in the es, but a scalper should aim for a profit equal to the risk.
Today a minimum scalp maybe 4 points.
How is the minimum scalp calculated, and why does it change
