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Off Road System

  • #1,321
  • Edited 1:27am May 4, 2015 12:54am | Edited 1:27am
EURJPY M1

Scalped long for +25 pips.
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  • #1,322
  • May 4, 2015 12:58am May 4, 2015 12:58am
Quoting Patron
EURJPY M1 Scalped long for +25 pips. {image}
I know I said I was going to get shorts, and I still think the same, but if I see enough range to the contrary, do fast scalping.
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  • #1,323
  • May 4, 2015 1:05am May 4, 2015 1:05am
Quoting Patron
EURJPY M1 Scalped long for +25 pips. {image}
EURUSD M1

Similar criteria than EJ, scalped for 21 pips.
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  • #1,324
  • May 4, 2015 1:17am May 4, 2015 1:17am
EU and EJ M15

I have drawn two levels of support that may be important today. What do you think?
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  • #1,325
  • May 4, 2015 2:07am May 4, 2015 2:07am
Quoting Patron
{quote} EURUSD H1 I could imagine something like this, such plan. Of course this is purely speculative and can happen many different variations of this plan. But it is a way to have a probable guide. Wave to wave, I will check if this is viable. Naturally I can be totally wrong, and then would have to reconsider my trading. {image}
morning patron...

you were right as usual. thanks for the heads up...

I shorted GBPUSD and EURUSD after the (fake) up move at Frankfurt open. I tried to play safe this time (ie I didn't try to catch tops/bottoms). I'm done for the day with +80 pips...

M1 GBPUSD & EURUSD +41 pips each

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  • #1,326
  • May 4, 2015 2:23am May 4, 2015 2:23am
Quoting isengoz
{quote} morning patron... you were right as usual. thanks for the heads up... I shorted GBPUSD and EURUSD after the (fake) up move at Frankfurt open. I tried to play safe this time (ie I didn't try to catch tops/bottoms). I'm done for the day with +80 pips... M1 GBPUSD & EURUSD +41 pips each {image}
I am glad and I congratulate you.

I made trading in fake up (for liquidity) because I saw enough range and low risk, and when I reached the daily pivot, I waited to take the shorts than planned for this morning.

I'm short EU and EJ, a little more.
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  • #1,327
  • May 4, 2015 2:37am May 4, 2015 2:37am
Quoting isengoz
{quote} morning patron... you were right as usual. thanks for the heads up... I shorted GBPUSD and EURUSD after the (fake) up move at Frankfurt open. I tried to play safe this time (ie I didn't try to catch tops/bottoms). I'm done for the day with +80 pips... M1 GBPUSD & EURUSD +41 pips each {image}

I can tell you my experience. Unless clear chances, neither I seek the tops or bottoms. And I do better as well. Sometimes yes I enter to trade for very strong reasons using the volume and support / resistance very clear, but they are exceptions to the rule await confirmation.
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  • #1,328
  • May 4, 2015 2:54am May 4, 2015 2:54am
Quoting Patron
{quote} EURUSD H1 I could imagine something like this, such plan. Of course this is purely speculative and can happen many different variations of this plan. But it is a way to have a probable guide. Wave to wave, I will check if this is viable. Naturally I can be totally wrong, and then would have to reconsider my trading. {image}
EURUSD M1
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EURJPY M1
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Shorts closed for +88 pips total.

+48+88= +132 pips
Quota fullfilled


Correction likely to continue, but my style is so ... "quota style" ...
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  • #1,329
  • May 4, 2015 5:12am May 4, 2015 5:12am
Quoting Patron
{quote} I can tell you my experience. Unless clear chances, neither I seek the tops or bottoms. And I do better as well. Sometimes yes I enter to trade for very strong reasons using the volume and support / resistance very clear, but they are exceptions to the rule await confirmation.
I absolutely agree with you, patron. although catching the trade at the top or bottom feels orgasmic, I sometimes loose my sync with the market and then get some serious losses due to my misinterpretation of the PA. that's why I decided at the weekend to take smaller but safer trades. my another issue is taking too many trades. I have some itchy fingers. now I'm working on it. I'm trying not to take more than two trades for each setup, at least until I secure the first ones.
  • #1,330
  • May 4, 2015 5:14am May 4, 2015 5:14am
I got another 40 from GBPUSD by the way... I didn't like the divergence around Friday's low. so I quit a little earlier than I expected...

M1 GBPUSD +41

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  • #1,331
  • May 4, 2015 8:04am May 4, 2015 8:04am
I'm playing around with the reserves... lost 7 pips, earned 70... not bad at all

M5 EURUSD +70 pips

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  • #1,332
  • May 4, 2015 8:45am May 4, 2015 8:45am
Quoting isengoz
I'm playing around with the reserves... lost 7 pips, earned 70... not bad at all M5 EURUSD +70 pips {image}
EURUSD M5 H1

Congratulations on your last two trades. In the last trade, it shows something in a hurry to get in, but I'm sure that every day you will realize that no need to hurry.
Every day there are opportunities in the London session and the American session. Thanks for posting, so those interested in scalping find good examples to follow.
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  • #1,333
  • May 4, 2015 8:54am May 4, 2015 8:54am
thanks for your comment, patron.

most probably the last trades of the day.

M1 GBPUSD +20 pips

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I might have closed a bit early, but I have 5 folded my daily target and that was enough for me. today proved me once more that by "trading smaller but safer" I can also get much over my target without stomachache or headache. and I don't need to follow many pairs. just 2 of them is more than enough.

see you all later...
  • #1,334
  • May 4, 2015 8:59am May 4, 2015 8:59am
Quoting isengoz
thanks for your comment, patron. most probably the last trades of the day. M1 GBPUSD +20 pips {image} I might have closed a bit early, but I have 5 folded my daily target and that was enough for me. today proved me once more that by "trading smaller but safer" I can also get much over my target without stomachache or headache. and I don't need to follow many pairs. just 2 of them is more than enough. see you all later...
In my opinion a limit on working time have to be, because we have to do other things like reading, exercising, watching a good movie, shopping, walking, etc ...

Tomorrow, there will be new opportunities, and the mind and the body will be ready to seize them.
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  • #1,335
  • May 4, 2015 9:02am May 4, 2015 9:02am
Quoting isengoz
thanks for your comment, patron. most probably the last trades of the day. M1 GBPUSD +20 pips {image} I might have closed a bit early, but I have 5 folded my daily target and that was enough for me. today proved me once more that by "trading smaller but safer" I can also get much over my target without stomachache or headache. and I don't need to follow many pairs. just 2 of them is more than enough. see you all later...
See you tomorrow. Great work!
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  • #1,336
  • May 5, 2015 1:16am May 5, 2015 1:16am
Morning

Similar to yesterday scenarios. Corrections. Wave to wave.

Today there are more news and UK are not on vacation.
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  • #1,337
  • May 5, 2015 1:38am May 5, 2015 1:38am
Quoting Patron
Morning Similar to yesterday scenarios. Corrections. Wave to wave. Today there are more news and UK are not on vacation.
morning patron...

today I expect a down move on EURUSD at least 'till the previous resistance which might have turned into support. what do you think?

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  • #1,338
  • May 5, 2015 1:45am May 5, 2015 1:45am
Quoting isengoz
{quote} morning patron... today I expect a down move on EURUSD at least 'till the previous resistance which might have turned into support. what do you think? {image}
That scenario is possible. However there are several ways to do so, such price may rise before falling to 38% fibo. So I say "wave to wave", and do not forget Big Picture.
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  • #1,339
  • Edited 2:10am May 5, 2015 1:47am | Edited 2:10am
Quoting Patron
{quote} That scenario is possible. However there are several ways to do so, such price may rise before falling to 38% fibo. So I say "wave to wave", and do not forget Big Picture.
I, for example, for scalping, I am looking for long trades (wave B), later to search again short trades (wave C) ...

Of course these are personal speculations which need not be met. In this case I change my mind and seek other scenarios.
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  • #1,340
  • May 5, 2015 2:07am May 5, 2015 2:07am
Quoting Patron
{quote} That scenario is possible. However there are several ways to do so, such price may rise before falling to 38% fibo. So I say "wave to wave", and do not forget Big Picture.
The fact that I think this is because of the following. If I imagine a simple three-wave correction, we'd be in wave A. Sometimes wave A reaches the 38% fibo, sometimes not, and is corrected by wave B, and eventually happen wave C in the same direction would wave A.
This is a simple correction imagined, we do not know if it will. So "wave to wave," knowing that the market condition, Big Picture, is lateral and bullish.

Of course these are personal speculations which need not be met. In this case I change my mind and seek other scenarios.
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