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Hi everyone!
In the slide below, Al mentions that you can swing or scalp in this scenario. As a scalper, you can sell on each of those bear BO bars and take profits on their close, using the swing stop on each trade.
To me, it seems like the end result would probably be the same between swinging and scalping here.
Is that correct? Or perhaps one approach is better than the other?
Thanks in advance 🙂
When the MKT is trending a swing trader will get more points than a scalper, and viceversa in TR trading. Here the MKT seems to be changing behavior (TR -> Trending) so it makes sense to swing at least part and see what you get, tho you need to be aware that you can get a bounce at the bottom of the TR.
