This strategy also works well during the Asian market sessions since volatility is generally low, making the Bollinger Bands relatively flat.
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Friday, April 12, 2013
When are the best times to use the Piranha Scalping strategy?
The Piranha strategy only works in a ranging market. If you trade using this strategy, you need to stay away from trading during news releases. However, you can trade before and/or after news releases. There is no specific time gap to wait before taking the next trade after a news release. It all depends on each individual trader’s assessment on market volatility. If you see that there is market volatility around a news release, I suggest you refrain from trading at that time.
This strategy also works well during the Asian market sessions since volatility is generally low, making the Bollinger Bands relatively flat.
This strategy also works well during the Asian market sessions since volatility is generally low, making the Bollinger Bands relatively flat.
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