Trend Scalping Strategy To Trade S&P500

[@lifebeginswherefearends]

Great video. Perfect timing for for me. One of the better YT channels!

[@frankjones4357]

Good stuff! The best part is that you can apply this strategy to shorting. That is, to taking advantage of a stock that is falling, by selling it on the way down and buying it back when it heads back up.

[@thetrader7890]

I have asked for a scalping video some days ago and you did it. I really appreciate the quality of your content. Momentum scalping trades have the best risk-reward true ...but not so easy to nail . I can't add on a winner trade as you do. I have a hard stop 8 ticks on the ES (I am ofter out before ) I set a max loss for the day and a daily target and I stop trading if a have 3 losses in a row. Just to mention how important is to record your trading session and review each trade of the day. Thank you sooooo much Richard for all the think you do.

[@AxiaFutures]

Glad you like the content Ron. From traders to traders. Keep up the work.

[@andreclark2472]

Great video. One thing that gives me extra confidence in these ES breakouts is to watch the NQ and YM. I have a correlation chart and if these markets are correlating high on the particular day, then hopefully YM or NQ will breakout first, then I’ll hit the ES. I did the Market Profile, Footprint and Price Ladder courses. You guys have made me a better trader.

[@AxiaFutures]

Great observation Andre. Keep improving!

[@traderinstinct7526]

hello what is the moving average you use please?

[@richardbailey9823]

20ema

[@noahjackson7626]

Very nice. Thanks!

[@mikel7377]

Great video. Timely, too. I've been training on a demo for the past week to establish a scalping ES_F setup. I noticed a distinct difference in outcomes when market volatility is high. Today's win ratio was abysmal, with the $VIX over 30, due to the 3-5 point instant swings on entry. Do you see the same issues with your setup when the volatility is high?

[@AxiaFutures]

Absolutely. High volatility has a big impact on both stop setting (size of your stops) and target setting (wider targets). Always adjust your size management to volatility.

[@mikel7377]

@@AxiaFutures Thank you for the feedback and the outstanding content you provide. Great job!

[@jeremikossak9553]

Very nice. Although I work purely with chart I am basically scalpiung the same rush. The order data on the right is great, what is the platform or brokerage for this?

[@AxiaFutures]

Hello Jeremi. The name of the platform is Jigsaw.

[@145tak]

I don't see Axia trading NQ is that because it is too thin for ladder trading?

[@AxiaFutures]

Some traders trade the NQ but definitely it is not the first product to trade between our traders. NQ being thin is one of the big reasons. Spot on ;-).

[@Bugzynite]

What do you mean to thin? The price per point or the movement because I noticed the NQ moves pretty swiftly comparison to the ES

[@145tak]

@@Bugzynite By thin I mean a small number of contracts at various prices levels. This does cause the swift price action you mentioned. If you have level 2 data it can really be seen on a DOM. ES is much thicker such that you'll see 10's and 100's of contracts at nearby prices.

[@keithheleno9153]

based on this type of strategy, level 2 is necessary?

[@AxiaFutures]

Hi Keith. Correct.

[@david-rw1dt]

Great video! What time frame are you in on the first graph?

[@AxiaFutures]

Thanks David. This is a one hour chart if we are talking about the chart starting at 3:53.

[@david-rw1dt]

@@AxiaFutures Yes, that's the one I was referring to. Thank you. It is clear how when the candle leaves a very large wick how it changes the direction of the market. Greetings from Spain!

[@trade2winnow]

Very good

[@ejdy8]

I am always struggling to decide if it is breakout or absorption. Thats the question for milion bucks in trading.

[@jambear7862]

Play both set ups and limit the loss

[@t13monteurteam31]

@11.40... being humble.... I'd like to emphasize the very importance of these two little words...

[@InsideTheJoshMind]

I use TD Ameritrade think or swim. Is there a name for the indicator you’re using on the left of your screen? Like the actual name. Yes I know WHAT it is lol

[@absolutebosscollective8202]

nice

[@victorgodfrey635]

The lesser you trade the more in control you become

[@charlierobles316]

WTF is this guy rambling about?