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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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Maxjoy Apr 29, 2020 3:24pm | Post# 61

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3.6R achieved w/ this one, got a bit deeper SL and did not bother to move it prematurely.
SL- 7 pips, TP - 25.2 pips
Call it a day!
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Maxjoy Apr 30, 2020 1:05am | Post# 62

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H1 scalp levels for today.
A chance of inverse A&E pattern emerging...
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Maxjoy Apr 30, 2020 1:29am | Post# 63

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Long scalp from 1.08597, SL: 2.6p, TP at 1.0873

Profit of 2.8R achieved, as I closed early - Franky is about to оpen and strong pull back can occur...
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Maxjoy Apr 30, 2020 5:31am | Post# 64

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The updated H1 w/ a Short from 1.08850.
SL above local top. Targets - VTs marked in red.

EDIT: SL=BE
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Maxjoy Apr 30, 2020 11:23am | Post# 65

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Market cross-check shows that only € & are so excited of Lagard's BS...
Moves like this tent to come back home sooner rather than later...
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Maxjoy May 1, 2020 6:03am | Post# 66

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Nice Cup'n'Holder pattern hits it's target 18 pips on M3
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Maxjoy May 2, 2020 1:43am | Post# 67

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My take on the Weekly TF and it's levels.

This week, bulls could't manage to break above the resistance of 1.0989, so next week their plan would be to break and achieve weekly closing above that level... and if they do not succeed, the Bears will try to return to the recently created bottom and seek weekly closing below 1.0829, which will open the way to the bottom of the range - 1.0480.

Attachment 3623152
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Maxjoy May 2, 2020 1:40pm | Post# 68

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Weekend Wisdom...
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Maxjoy May 3, 2020 3:11pm | Post# 69

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Euro opens w/ out a gap, so lets see if Monday will be making double top attempts or going straight down straight...
The little gap observed is due to wider spreads in first minutes of trading.
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Maxjoy May 3, 2020 11:58pm | Post# 70

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H4 Scalping chart and levels for today.
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Maxjoy May 4, 2020 2:53am | Post# 71

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4R achieved w/ this long scalp from support... initially my target was 1.0971, but London is about to open and.. you know how it goes then.
Stop was 4 pips, TP=16 pips, 4R
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Maxjoy May 4, 2020 5:34am | Post# 72

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M15 Scalp Chart.

Look for break of range... I'm looking for a Long setup towards to 1.0971... ,but PA will show the way.
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Maxjoy May 5, 2020 4:23am | Post# 73

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Very precise entry w/ 4 pips SL lead to 9R run so far...
My initial target was 1.0901 / 3R, however seen the PA, decidet that I can risk and let it run as much as she can...
We'll see if that decision was correct, or my SL=BE will be hit later... whip-saw possible with such sudden moves both directions.
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Maxjoy May 5, 2020 6:31am | Post# 74

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Found another precise entry point, but this time w/ a wider SL of 10 pips... now moved to BE already.
Initial target is the breakout area of 1.00886, but could be readjusted as we go, PA dependent...

EDIT: SL= manual close at +15 pips, as PA shows signs of reversing for retest...
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Maxjoy May 5, 2020 8:07am | Post# 75

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H4 - Price reached the bottom level of ex-range, so be cautious...

M3 - Long from 1.8374 w/ 8 pips stop. High chances of failure...
Target 1.08844

EDIT: SL moved to +4
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Maxjoy May 5, 2020 9:11am | Post# 76

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Yeah, sometimes trailing stops a tricky...
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Maxjoy May 5, 2020 9:20am | Post# 77

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Market cross-check shows that only € & are so excited of Lagard's BS... Moves like this tent to come back home sooner rather than later... Click to Enlarge

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As a reminder, most bs news volatility comes back home... EURUSD 2-3 days... Cable took even less time to reverse...

Maxjoy May 5, 2020 9:57am | Post# 78

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There it is 6.25R... target hit... or would have if I did not screw up w/ that trailing stop... 50 pips gone...
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Maxjoy May 5, 2020 1:16pm | Post# 79

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NZDUSD H4 - Wonderful flag and opportunity to exploit the break down...
Not to mention of the H&S figure if that happens
... tweezers top as well...
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Maxjoy May 6, 2020 12:30am | Post# 80

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Kiwi flag broken, if it plays out right, is set for 3R or better if retests the TL/local top...
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