Disliked{quote} Hello Danc. I have checked the video from the beggining.. i do realize that the trades are taken from average levels calculated for different timeframes. I also realize you coordinate this with the percentage change on different pairs related to the pair you want to trade, gbpusd and dax. After you take the trade either you complete cycles or scalp for some points in order to take profit. So far so good. What i cant figure out is how you combine those two things (average and %) and if you just wait for the level or some price action to enter...Ignored
the best set up for scalping are from converged levels were the lower t/f,s converge with the longer term t/f,s .these are good entry points .for joining a continuation of price or a scalp and possible reversal.
the value changes are used as an forward entry and exit through monitoring the flows.the values also determine if the market is ranging or in agreement and trending.you can also determining the market as a wholes stalling point.this is used for break outs.or price manipulations.
the high above price and the low below price are forcasting the next averaged price.
as you can see trying to demonstrate this through pen in one page is very dificult .it is a complete trading method and a lot of work which results in a reasonably good understanding of price structure.
i will post some a to b trades on what i do.the problem is that im trading the now moment which can change in the next moment ,you see the problem.my last two trades i made are against the overall market ,shorts ,but my reason for this is the levels price has reached ,above this last level is the gap in price from the wkd.each average price level has had very straight 30 pip + retraces ,i can trade into the lows for a larger reversal concidering the resistance before the gap fills.i will look to trade long if price holds above that last level and would then expect the gap to fill quickly.the values around each level have given me the stall point across the market,thats my indication to have confidence in the short .equally if i was trading this trend today up those same values would have directed me as to hold scalp ,but to be honest i missed the oppurtunity of a long position through a bias which i should not have.you see its not a sell here or buy ther its reading the price and taking pips regardless .
i hope you get some of this but im sure ive confused you more ,