Dynamic Scalp System

It reached 1.2500, and surpassed.

A friend asked me about the trendlines. I really do intuitively on fractals that I consider the same grade.
I have found in my files a book about the subject. And I will put here if anyone is interested.

I do not know if these books will be interesting. I already tell you. Or perhaps, the re-reread some weekend..

I've taken a look at my files and I found a book that I could not remember. Take a look to see if you're interested.

Where I see traders put less importance, is the wave analysis. From my point is still valid Elliot studying for highly liquid markets.
I notice that the labeling of Elliott Wave is a job that is not useful for the trader.
But I know that approximate location of a wave is, yes it is very useful for the trader.
So I'll leave a couple of books, for future independent traders here.

For those who read about the oscillator Elliot, and do not know what it is, I'll tell you, that is the oscillator AWESOME.
The MACD also be used as osciladore Elliot, and very similar to AWESOME results. The difference is in the type of mobile mdias used. The MACD uses exponential moving averages applied to the closing price. The AWESOME uses simple moving averages applied to the MEDIAN PRICE.

I use a custom AWESOME, when I try to locate the waves 4 or 5.

thanks dear patron

thanks for your kind and sharing your knowledge here...I hope all readers will take positive energy and positive advantage of that...

It is a pleasure to feed my spirit, because no bread alone does man live.

In line with what Patron have shared about his valuable knowledge...i would like to share the most fundamental aspect in trading (beside knowledge and skill)...

From the source:http://www.incrediblecharts.com/trad...psychology.php

Several point for psychology of trading we should take consider:
Your biggest enemy, when trading, is within yourself. Success will only come when you learn to control your emotions. Edwin Lefevre's Reminiscences of a Stock Operator (1923) offers advice that still applies today.

1. CautionExcitement (and fear of missing an opportunity) often persuade us to enter the market before it is safe to do so. After a down-trend a number of rallies may fail before one eventually carries through. Likewise, the emotional high of a profitable trade may blind us to signs that the trend is reversing.
2. PatienceWait for the right market conditions before trading. There are times when it is wise to stay out of the market and observe from the sidelines.
3. ConvictionHave the courage of your convictions: Take steps to protect your profits when you see that a trend is weakening, but sit tight and don't let fear of losing part of your profit cloud your judgment. There is a good chance that the trend will resume its upward climb.
4. DetachmentConcentrate on the technical aspects rather than on the money. If your trades are technically correct, the profits will follow.
   
   Stay emotionally detached from the market. Avoid getting caught up in the short-term excitement. Screen-watching is a tell-tale sign: if you continually check prices or stare at charts for hours it is a sign that you are unsure of your strategy and are likely to suffer losses.
5. FocusFocus on the longer time frames and do not try to catch every short-term fluctuation. The most profitable trades are in catching the large trends.
6. Expect the unexpectedInvesting involves dealing with probabilities — not certainties. No one can predict the market correctly every time. Avoid gamblers' logic.
7. Average up - not downIf you increase your position when price goes against you, you are liable to compound your losses. When price starts to move it is likely to continue in that direction. Rather increase your exposure when the market proves you right and moves in your favor.
8. Limit your lossesUse stop-losses to protect your funds. When the stop loss is triggered, act immediately — don't hesitate.
   
   The biggest mistake you can make is to hold on to falling stocks, hoping for a recovery. Falling stocks have a habit of declining way below what you expected them to. Eventually you are forced to sell, decimating your capital.

Human nature being what it is, most traders and investors ignore these rules when they first start out. It can be an expensive lesson.
Control your emotions and avoid being swept along with the crowd. Make consistent decisions based on sound technical analysis.

And this PDF might be useful for all of us,

thanks n regards

GBPJPY M5

Scalping, in favor of the M5 trend.

GBPUSD M5

Breakdown ar London session (previous analysis wave)

GJ M15

Critical point.???

EURUSD M5

Similar to GBPUSD. Breakdown at London session.
But entry later, becausee I have not confidence.

GBPJPY H1

View chartist of the GBPJPY

GBPJPY

Price Action at dynamic support

Another chartist GBPJPY view.

Great Docs Patron! Thanks!

It has been a pleasure.

By the way, cheer up and participate in the thread!

Tell us something. Your favorite pair. Your style of trading. Analysis. Schedules. Etc ..