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-   -   Scalper's Heaven / Morph Scalping Methodology (https://www.forexfactory.com/thread/935476-scalpers-heaven-morph-scalping-methodology)

Maxjoy Apr 22, 2020 4:56am | Post# 41

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Slept through the best possible Long entry this morning - 1.0849 (M15 engulfing candle at support level)... so got on the second best - 1.0855-ish
Initial stops are 5 & 7 pips, target should be ether the top of range (H4) or if PA shows signs of continuation, will let them run towards Fib 423 - 1.1085...
EDIT: Ending up just trailing the SL to R1 when Pa was already running at 5R but suddenly price reversed so I got out w/1R...
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Maxjoy Apr 23, 2020 2:46am | Post# 42

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M15 - Tweezers top spotted bouncing off the lower border of previous range.
SL is above local high - 6 pips
Initial target - 1.0816, big TF tgt - 1.0736 which is the Fib 361.8 extension.
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Maxjoy Apr 23, 2020 2:52am | Post# 43

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That was a quick one, so this Vacuum Tube tgt is filled, one more left North.
We might fill that first before the big drop...
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Maxjoy Apr 24, 2020 12:31am | Post# 44

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Currently running w/ 3 long entries from the bottom.
One has a 10 pip stop based on 1+ signal on H1 TF.
The other 2 are w/another signal method on the M3 TF w/ 3 pip stops.
For all, the target is 1.0824, which is the upper Vacuum Tube (VT)
M15 - A breakout (again) on the falling TL...
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Maxjoy Apr 24, 2020 2:17am | Post# 45

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Stops Hit, looks like bears wanna push towards Fib 423
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Maxjoy Apr 24, 2020 3:06am | Post# 46

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Just found out that I made a crucial mistake in calculating the major level and that flipped my bias to bull, when should have been bear...
There were 2 awesome entries w/ 3 pip risk, running atm w/ 10R... missed chances...

Posting the accurate H1 w/ levels.
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Maxjoy Apr 25, 2020 11:47am | Post# 47

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1.0736 was reached as planned.
The price now appears to be at the upper end of the Bear Channel and has touched quite a strong resistance level + DTL after already breaking through several resistance levels.

All the Vacuum Tubes and their respective levels, that I mentioned earlier, were also filled.

Market doesn't show logic all the times, but at least, we have to build one for ourselves, so following the above, my expectations are for a decline, at least early in the week.
Of course, we can always have a direct breakthrough North, but what are the chances... we'll see next week!

I personally think that we'll see 1.07666 touched ... and I also want to slide to Fib. 423.6 before we go up ... but the market does't care what I want... Click to Enlarge

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Maxjoy Apr 25, 2020 4:50pm | Post# 48

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Major Weekly levels for GOLD
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Maxjoy Apr 26, 2020 5:32am | Post# 49

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Monthly levels for those using PA Analysis.
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Maxjoy Apr 27, 2020 3:21am | Post# 50

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Found a decent entry for a short position hunting it down to the M3 TF...
Initial 6 pip SL was just moved to BE, target is my Vacuum Tube Fill Level of 1.07666, but I'll monitor PA on M15s and H1 for potential reversals.

EDIT: Trailing SL hit at +10.2 pips. 1.7R
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Maxjoy Apr 27, 2020 7:06am | Post# 51

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Managed to snatch a quick scalp tracking potential entry on M15 and executing on M3 TFs.
Entry at 1.08535, SL=4p under local bottom.
Exit at top w/ 2.5R

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Maxjoy Apr 27, 2020 10:51am | Post# 52

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Closed most of the heavy loaded entries at the lower border of today's range, no news, so we might stay there... however my view and preference stays to the downside.
Euro session is done, so I call it a day too.
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Maxjoy Apr 27, 2020 3:55pm | Post# 53

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Simple, yet very informative...
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Maxjoy Apr 28, 2020 2:12am | Post# 54

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Franky opened, soon London.
H1 Morphology in graphics.
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Maxjoy Apr 28, 2020 2:37am | Post# 55

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Morph Scalp levels for today... the range gave way...
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Maxjoy Apr 28, 2020 9:55am | Post# 56

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Exited 2 of my short entries, just a bit earlier than PA hitting my first VT target of 1.0853.
Still good run making about 4R on each.
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Maxjoy Apr 29, 2020 1:27am | Post# 57

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H4 chart w/ Levels and possible H&S forming...
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Maxjoy Apr 29, 2020 4:31am | Post# 58

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Maxjoy Apr 29, 2020 5:59am | Post# 59

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That Love-Hate relationship...
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Maxjoy Apr 29, 2020 10:51am | Post# 60

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Just got in to a Long scalp.
SL - 2.8p, TGT - 1.0862

EDIT: SL moved to +2... and hit, after running almost up to the target

Missed on 6R by moving my SL a bit early and getting just 2 pips out of this trade...
At that point, I was seeing momentum, that failed right before hitting the target... next time!
We look for #BIG_R - Need No Small Pips
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