With simple S/R lines, patience and a bit of discipline, it can be done.
Thanks
Dazzer
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did oanda just drop its spread for eurusd to 1 pip? 11 replies
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DislikedYep, today is scalping heaven. Bagged 181.4 pips and thats me out for today. 6 wins and one loss.
Ignored
Dislikedyou've only been a member for a month, 6 months from now you won't be scalping any more. oh and remember "no one likes to brag about their losses"
that's why all the posts you see on FF are about how many pips i made today or how much money i made, but there are few about how many were lost.Ignored
DislikedSomeone earlier was looking for US$ index chart. Here is mine. No link for a free one though. Got to pay to play:Ignored
DislikedEdit: I won't post anymore pips (won or lost) as presumably no-one cares anyway. Thats fair enoughIgnored
DislikedI use M2 and M3 for entries and exits and I look at the M15 for major S/R lines. I will use 21sma and 8sma for determining entries and exits. Once the trend has been established, I'll buy/sell on a pull back to the 21sma or in fast moving markets, the 8 sma (this is the exception though). And thats it, very, very simple. I even taught my mother in law how to use this method! I use one indi, buts thats for news releases. I hate clutter and having 3 timeframes on one screen is enough for me. I don't understand how people can scalp by looking at countless...Ignored
DislikedI never watched the DollarIndex before. When comparing the two charts, in 15min timeframe, the $index generated a buy-signal one hour earlier than the chart of eu a sell-signal. Is this usual?
Although the crossover of macd is at the same time.Ignored
DislikedDengzhi (fever)
I won't post anymore pips (won or lost) as presumably no-one cares anyway. Thats fair enoughIgnored