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Trendman scalping system
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Nov 3, 2009 3:47pm
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didn't get caught in this one because MACD lagged price jump. Never got in. Please critique any chart if necessary.
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Nov 3, 2009 3:47pm
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Quote:
Originally Posted by dforant1
How far up or down do you allow if MACD doesn't cooperate early in the break out? If the pair doesn't pull back.
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My friend ,I don't stay in the trend that isn't my trading strategy,the highest pip I take from a good trading is maybe !!! 20 pips, I usually wait for 10 or 15 pips,if I'm very confident about otherwise grab the pips whatever I can get,sometimes 5-7 pips.
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Nov 3, 2009 3:52pm
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Quote:
Originally Posted by dforant1
didn't get caught in this one because MACD lagged price jump. Never got in. Please critique any chart if necessary.
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what time is this chart,UK time ,please, because 15.31 uk time ,I can't see that movement, could you attach a bigger chart ,please
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Nov 3, 2009 3:52pm
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I meant before buying in how far do you let a pair run up or down from 10ema crossover if say MACD lags behind. Especially if there is no pullback.
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Nov 3, 2009 3:55pm
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what time is this chart,UK time ,please, because 15.31 uk time ,I can't see that movement, could you attach a bigger chart
EST time.
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Nov 3, 2009 4:07pm
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Quote:
Originally Posted by dforant1
I meant before buying in how far do you let a pair run up or down from 10ema crossover if say MACD lags behind. Especially if there is no pullback.
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5 pips
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Nov 3, 2009 4:12pm
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Quote:
Originally Posted by dforant1
what time is this chart,UK time ,please, because 15.31 uk time ,I can't see that movement, could you attach a bigger chart
EST time.
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I'm sorry but struggling to find the trading position on my chart,I'm looking at the right time zone but looks like my chart shows totally different than yours,I couldn't understand
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Nov 3, 2009 4:43pm
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my question was answered with 5 pips. Thanks.
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Nov 3, 2009 5:05pm
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Member
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Correct me if im wrong
Trying to learn the scalping method by trendman, but need some help.
Would this be a good entry on the chart attached
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Nov 3, 2009 5:37pm
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Quote:
Originally Posted by lehmann
Trying to learn the scalping method by trendman, but need some help.
Would this be a good entry on the chart attached
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That is a perfect entry,as you see on your chart 10 ema had a 1st attempt and came down and had an another 2nd attempt ,that is where you need to jump in.I just noticed, your macd ,something wrong with it because at the buy section my macd shows positive but yours negative,something is wrong with your macd
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Nov 3, 2009 9:50pm
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Questionable trade
Would this trade not be advised because of differing MACD'd
The M1 positive and M5 negative macd's
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Nov 4, 2009 2:20am
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points to follow 1.4750 and 1.4732
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Nov 4, 2009 2:22am
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we should see rise to 14760
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Nov 4, 2009 4:04am
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Trendman,
my platform dont allow obv, is there any subsitude for this? RSI?
thanks
Cap
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Nov 4, 2009 4:21am
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Quote:
Originally Posted by capcity
Trendman,
my platform dont allow obv, is there any subsitude for this? RSI?
thanks
Cap
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no mate
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ttradr
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