DislikedQuick FIFO on GU against the trend close on profit. It was an uptrend market. After long journey to the upside a shooting star formed at top. Was a risky entry but gained. {image}Ignored
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DislikedQuick FIFO on GU against the trend close on profit. It was an uptrend market. After long journey to the upside a shooting star formed at top. Was a risky entry but gained. {image}Ignored
Disliked{quote} Roose, Just a suggestion; I also have an EA installed and sometimes use to only close when PA is moving very fast, but be careful using any SL EA when scalping low T/F such as M1 as there can be quick UP/DOWN action only to hit your SL and then run to your T/P. Has happened to me many times....just my opinion...but I do set an emergency SL encase of system issues...Ignored
Disliked{quote} Thanks Cigarguy. My intents were to use it for a Sl because alot of the time my fingers like to get out when price starts to go against me. Viewing you guys trades i notice alot sit through retraces (some small some not). Sitting through them is a constant battle for me. Im getting better but still.Ignored
DislikedIn the bigger picture UC is fully downside market. But may be at bottom for today. Here i pick Quick FIFO after breaking of small consolidation area. Was risky but got result in favor. Scalping is risky and crazy also. Green Pips 4all {image}Ignored
Disliked{quote} Roose, Yes, fast M1 retraces are nerve racking for all traders and emotions can quickly take over. IMO, remember the reason for your entry to begin with based on your higher T/F PVSRA analysis and watch PA like a hawk observing; is this move a retrace or a pull back and trend change...like the song "There is a time to hold them and a time to fold them.....Ignored
Disliked{quote} Yes Sir. Scalping is profitable also. Thanks for memorizing me.Ignored
QuoteDislikedStalking GU as PA is finding resistance at 127.2 fib....GBP is strong on the CSM, but need a break of current short term resistance with valid PVSRA analysis for consideration and scalp, IMO......Break could happen at the new hour candle if green and strength continues...time will tell...Cigarguy
DislikedGU FIFO scalp +350 (5 seconds) avg. + 7 pips, there it is the fib break I was waiting for; entered fast on break of 127.2 % fib with high volume as expected...... {image}Ignored
DislikedPVSRA Traders, I see that many have found the little currency strength meter indicator to be helpful. In keeping with the spirit of Traders Helping Traders, here is another indicator (not EA) that I have found helpful in finding strong and weak pairs. Some here may already be aware of its use but for the new traders it may help in giving a heads up as to what pairs to further analyze for possible PVSRA trading entries. (I do not recommend the Buy/Sell signals alerts be used as entries as they can have a very short shelf life expectancy) It is not...Ignored
Disliked{quote} Really nice idea, as i am testing Dashboard on demo. BTW you are right using strength vs weakest pairs with PVSRA will be helpful. An extra Confirmation for FIFO. Will try it from tomorrow and POST here.Ignored