Scalping Forex with Magnet Lines

A trader asked me earlier today about Logical Forex Magnet Lines, and how best to use them. Well, that depends a lot on your particular trading style, and the market conditions.

As you’ve seen from many of my posts, Logical Forex Magnet lines are very important to the way I trade…but they are NEVER the only thing I use to determine if I’m going to enter a trade.

I’m going to show you two examples of some fast scalps, one of which is my fairly “standard” trade, and the other of a “Flow Flip” that is a bit more aggressive than I usually trade.

Notice each time how I wait for a small retrace near the Magnet Line. This is NOT always necessary. Sometimes price will be moving very fast through a Magnet line (or even bouncing “fast”), and you can trade without waiting for the retrace. And, that’s what I meant earlier by your trading style AND market conditions determining what action you will take.

The MOST important thing to remember is this…NEVER trade on a single “trigger”. You want SEVERAL Logical Forex Indicators to be telling you the same basic thing…that a high probability trade is setting up…and then, you must quickly interpret what you see, without predicting, and without hesitation either take the trade, or wait for a different setup. With practice and experience, this becomes “automatic” and you’ll stay relaxed and confident when you trade.

*** TRADE #1

Magnet Line Forex Scalpling Example #1

Magnet Line Forex Scalpling Example #1

Exit #1

Magnet Line Forex Scalpling Example #1

Magnet Line Forex Scalpling Example #1

*** TRADE #2

Magnet Line Forex Scalpling Example #2

Magnet Line Forex Scalpling Example #2

Exit #2

Magnet Line Forex Scalpling Example #2

Magnet Line Forex Scalpling Example #2

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