Scalp & Swing

Open Trades
Swing Trades
2011 April 04, 2:10 GMT +1

Pending Orders
2011 April 04

The pending orders could often be changed.

Profit Today, Actual Open Trades, Pending Orders

250.-$ Real Account
Target: 2.50 a Day (1%)

Profit: +10.78$

(4% within 1 Day)

Yupp that seems reasonable to me too

LCrudeMay11, H4, 2011 April 04

H4 has forming a CCI divergence.

Short@ 108.23

EURUSD, H4, 2011 April 04

Trading the range by waiting for a breakout.

Short @ 1.4238

Pending Order
Short @ DR1 1.4289

Actual Open Trades

2011 April 05

250.-$ Real Account
Target: 2.50$ a Day (1%)

Profit: +37.22$

(15% within 1 Day)

First of all I wanna two open a hedge positions based at H4 indifferent candles 0.5 at EURUSD, but the market wasn't no longer clear for me at the closen time of the sell order (12:14 GMT+1, 14.65$). So I put out the buy in unison.

Actual:

Good afternoon Cube. I was reading some of your early posts in this thread, and im wondering do you use these, 200 and/or 150 simple MA on D1?

Hi Yaed

Oh yes of course, at daily you can need the SMA and the EMA 200. Prices are ranging in between them from time to time. I use it here and there, like all my other indictors, too. Indicators might be only a help for me not the guideline. Big investors need the 200 frequently and I think there are a lot of EDV programmers who use it in FX mathematical automated Forex Trading programs. SMA200 or EMA200 could be moreover an excellent help by scalping!
see #113, #114, please.

Kindest regards
FXcube

Scalping with EMA200 or SMA200

Example:
EURUSD, M5, 2011 April 05

SMA 200 or EMA200 coud be a help if you will trade down or up, also by setting a stop loss.

see chart, please.

Scalping Example with SMA200/EMA200

EURUSD, M1, 2011 April 05

Look at the exponential moving average and/or the simple moving average.

EURUSD, M5, 2011 April 05

Sell @ 1.4210

EURSD,M5, 2011 April 05

Short @ 1.4225 again.

(DPV 1.4226)

Silver, H1, 2011 April 05

H1 has forming a divergence

Short @ 38.95

High Risk
It is a high risk trade if you intend to invest with 0.01 lot the silver at a small 250.-$ account. Better you have 1'000.-$ or 5'000.-$ deposits when trading the silver.

See also #119, please.

Ger30Jun11
DAX

Short @ 7207/7220

(DR1 7219)

Silver, Weekly, 2011 April 05


In comparison with the gold price fluctuation, ...a completely different ball game.

May be we could see prices around 300 in the next 3 years with silver.

Waiting for a drawdown?

Fibonacci Expansion

GBPAUD, Daily, 2011 April 06

Swing Trade

Long @ 1.5790

Target: 1.6070

...and at the next H1/H4 CCI(14) Bottom again, if the daily vola/momentum would given a possibility.

see #107

EURUSD

Hedge Position

Long @ 1.4223

Technical indicators are mostly showing this pair in neutral territory, meaning that no major price shift is expected in the near future. That being said, it looks like a bearish cross may be forming on the 8-hour chart's MACD. Traders will want to take a wait and see approach today to see if other indicators will show support for a downward correction.

EURUSD has been hedged with regard of vola and momentum at different time frames (e.g. M15: no important down; H4 Range, Daily: three indifferent candles; Monthly: MACD's Zero-Line).

They key-words here are volatility and momentum. If you have the momentum on your side you can successfully trade Forex in just a few hours per day.
"Volatility" is often regarded as a negative word in the Forex lingo. They think volatility equals to unnecessary risk, even gambling! On the other hand you could let it actually turn that around: there’s is nothing more dangerous for an intra-day trader than a flat market lacking any momentum whatsoever! And here is why: the longer a trade crawls around without taking off in your direction, the greater the chances that such trade will fizzle away mid-way through! You want to have a high momentum wave backing up your trade to push it forward towards your final target! That’s why timing your entries properly is crucial for short-term trader.
Volatility, momentum and market punch is a good thing for an intra-day trader. So momentum could be a good thing!