If you've ever seen level 2 data for a decent broker linked to a decent interbank market, then you'll know that filling and closing 10 standard lots in very little time should be no issue at all. Actually it's less than no issue at all. If it is, ...

Without looking into it, my gut tells me that continuation entrys with system needs to be looked at a higher TF, maybe 5m. I will have a look when I have time to look at a strong trending day. Regards, JC

Pain has its benefits, even emothional pain. It makes us think twice the next time. Hopefully it will happen again before you move onto a real account, to engrain the feeling into your mind. Reagrds, JC

For any scalping system where profit is taken at the first sign of stalling, it is probably the number 1 mistake to ride a loss. Losses can get out of hand so quickly and all of a sudden one bad trade takes out a few days worth of profits. There ...

I havn't had much time to do look at this, but having had a quick look at a fairly rangy EURUSD day like today (daily inside bar), using the long zerolag MACD at the extremes of the indicator, with common sence PA triggers, seems to generally ...

Hi Jiva Quick question. Do you wait for the candle to close with the slow MACD crossed, before opening a position or is it deiscretionary. Doubt it will make much of difference very often at this TF, but could in choppy PA. Also, I cannot see what ...

Hi jiva I like your trading ethos, as it rings true with mine. Wait for the good trades and keep the losses tight. I will compare my scalps (purely naked PA, extremely short term, 5m & 10sec charts) with your system and report any interesting ...

The market humbles us all.

Shown is a EURUSD 5m, 1m & 10sec chart. There is nothing exceptonal to this trade, hence not the reason why I am posting it. I'm just adding my bit to the melting pot of ideas. I do not take any long term data, pivots or S/R into consideration when ...

I would have to say experience. Eventually, most of us get sick of making crapy trades. Human nature either gives up or changes the decision making process. I've done both many times. JC

Yes, for those entries I showed, this is more or less the idea. Additionally, often on the other side of that resistance is a bunch of SL's which when triggered add to the price move, but this depends on the market activity leading up to this area. ...

I think this idea is moving in a better direction than envelopes and MA's. Here is my take on one of your charts to add to your melting pot. Take scalps in direction of arrows and at levels I added (depending how price behaves through the levels). ...

Or trade where there is a higher probability of a vacuum of orders or even better, trade where there is a higher probability of orders opening positions in your direction. Simply logical I know and a bit of a non comment, but so many fail to read ...

Yaed, Might I suggest that you look into using another tool to scalp. I would argue that using the correct tool in scalping is one of the top 3 critical success factors of a consistantly succesful scalper, I would go as far to say, thee top factor. ...

url Long winded work around of getting good data, but worked for me today. His scripts in this thread work a charm. JC

Don't touch it especially if you're still learning. As a strategy it is incomplete. Spieler left alot of loose ends untied. It uses a Martingale variant which has a possibility of blowing your account, unless you know how to limit the martingale ...

I recon its time to bail on this short or BE in a few hours. The nice weekly support is not letting this one drift lower. JC

You know that there are always more trades. Your strat worked perfectly today. It kept you out of loosing trades, kept your equity curve in tact, had you been trading live for a while longer, ready for the 1 in x trade that makes you smile. In time ...

Hi Lazar Putting all other rules aside, you should only turn on the SELL 5x5 EA when price is above the 5x5 moveing average and visa versa for the BUY 5x5 EA i.e. Bob's intension is to catch the end of the retrace for the next move in the direction ...

Yup, setup was lovely. I recon it should continue up this week after last weeks bullish engulfing candle, but maybe a little more of a retrace first on the back of a strong week is needed. My gut says next 5x5 cross up a fake and the following cross ...