Current price is 212.70 Price is currently making session highs and attempting to break yesterday's high of 212.88. I think it will break yesterday's high but the question is how much further can the bulls go up? I see critical bear resistance level ...

More indicators — A few more for you to test. Good luck....hope this helps.

Indicators — Kermut, these may help too. I will add into post #1 for the general public.

Nice one Pips Cruiser ! I've got heavy bear resistance at 212.25 - 212.55 too.

Attached is the 5M scalp result.... took 3 hours to move 25 pips ! Anyway got to bank in +20. This has to rank as the ugliest scalp on my record. Anyway I held on to the scalp as my QQE1 (green) and QQE5 (pink) were both crossed down...they never ...

Keep practicing on your demo simonj. In due time you will be ready !!

Thanks for the insight indio. But not much momentum for scalps tonight.

Conservative trades = wait for arrow trigger at 211.35 Aggressive trades = wait for cross of QQE and 5sma at 211.70 (get better entry) Funny thing about scalping is you just want to chip away 50 - 75 pips, even though it defies logic against the ...

5M scalper — Let's test whether this 5M scalper works live. There was a short trigger at 211.70. Tough trade going against the massive bull run. But a scalp is a scalp is a scalp.

Price is still bearish at 209.43. My 1H and 15M still bearish (QQE5 crossed down). I won't even start thinking of bulls until price reaches 210.10 minimum..you are fighting against bear strength. Need to go with the flow.

Good work.. Good analysis. So trade bulls with caution then, as you mentioned bulls aren't strong. The bears have a nice hold at the moment. I think anything up to 210.00 is bear resistance - sure you might get 50 pip move up...but you probably get ...

what do your charts tell you oly?

Is that 209.00 KJ ?

All the indicators are in Post #1 of this thread. If I haven't attached it there it means the charts already provide the indicators (for simple moving averages, stochastics etc). Pm me if you need more help. good luck.

Hi Damo12 ...the attached 5M chart should help out. I've labelled the indicators on the right. I've been testing some stuff with Nobitacu on the side (Nobi is doing demo trades for me to test out my scalp twins strategy which includes 15M & 5M..so ...

This is so true...I cannot live without Mr.Fibonacci. Thanks KJ for the lessons.....now I fully understand how you derived your profit targets ! good work.

Yeah thanks Pips Cruiser for that awesome insight... and taking time to share !!

5M chart update — Updated 5M chart - aggressive trades can be taken with just a dot (QQE cross). I've just scalped 60 pips long without sweating. But try with a dot and arrow first. The 2 things you need is a dot (QQE cross) and price to be ...

5M charts — I have found in the last month that 5min charts are an excellent time frame to enter trades. If you follow Aus 15min strategy (using the stop reverse system for arrow trigger) it gets you in at a pretty good entry price. An arrow ...