SJL's ES 6 ticks scalping

[SunTrader]

Didn't say anything about a BO.

So then would do you call "entry at edge of s/r where trade breaks down"?

 

[onemoreshot]

So then would do you call "entry at edge of s/r where trade breaks down"?

How about a short near resistance or long near support. Trade would be invalidated pretty quickly should price break S/R. Now 3 ticks is pretty tight but is it possible for a very good trader that can read price action well? I tend to think so.

 

[syswizard]

So then would do you call "entry at edge of s/r where trade breaks down"?

Probably a stupid move.....as back-testing likely to prove this strategy has no merit from a P&L perspective.

 

[onemoreshot]

Probably a stupid move.....as back-testing likely to prove this strategy has no merit from a P&L perspective.

So trading long from support and short from resistance is stupid?

 

[Magna]

At OP's request this thread has been closed.