This strategy is Scalp MX.

The Scalp MX and Scalp LS are very similar, normally in very volatile markets Scalp MX has more trades than the Scalp LS strategy. The Scalp LS strategy stays longer in the individual trades and therefore also can lead to higher individual profits or a temporary higher draw-down.

Using this strategy in combination with the Scalp LS or Sigma strategy can lead to good results, but that combination should be used very carefully during very volatile market conditions, as the strategies often works in tandem and thereby diminish the result of the combination.

Profit by following TrendCatch

from the opening to the close - a short trading day (Thanksgiving 2008).

Stop Profit Point/Stop Loss Point:

SP 1 / SL 1  - Result: + 8 points.

Total Potential Max Profit

+ 38.75 points.

It is important to trade close to the Trade Price TrendCatch shows. If that is not possible within few minutes from receiving the signal, wait for a new Trend Change.

The example also illustrates the TrendCatch trading philosophy:

Most of the time the Trader have to decide during the individual position when to take profit, and NOT choose to stay in the trade until it changes.