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Predator Fx 58 Scalping

  • #61
  • Jul 15, 2017 9:42am Jul 15, 2017 9:42am
Yesterdays us session breakouts on the CPI were great. I didn't catch them all but those I caught were great.
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  • #62
  • Jul 15, 2017 9:48am Jul 15, 2017 9:48am
I must also say I get into some asian breakouts early and correct direction aswell as some great 123's very early, than I would normally waiting for the break of 100 level. Its risky but it works. We need a good multi asset break even trailing robot. I only found a breakeven all expert which places stoploss and take profit along with break even in pips after the pips you input into it... I need a good trailing feature for runaway trains like yesterday Eurusd, usdjpy and others that will provide room and still capture the pips..
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  • #63
  • Jul 15, 2017 3:50pm Jul 15, 2017 3:50pm
Hi J.,

Thank you for sharing your experience/thoughts on multiple threads here at FF.

I like trading (scalping) break outs during news on M1 time frame looking for 5 to 20 pips depending on impact and volatility, SL would be below/above M1 news candle. This usually goes into multiple entries/exits in the first 15 minutes after news.

While scalping pull backs in intra-day trend direction on M5, M15 outside news hours for 3 to 10 pips. I usually exit when price starts to hesitate continuing in my direction. In rare cases I close part of the position and leave the rest at BE for more profit, however due to tight SL, it usually hit BE. So I do not recommend that for scalping, I prefer complete position in/out.

I close trades that take too long even before hitting my SL/TP. Ideally the trade is closed in 5/10 candles.

Have a nice weekend.

Khalil
No guts, no glory
  • #64
  • Jul 15, 2017 4:14pm Jul 15, 2017 4:14pm
Quoting abokwaik
Hi J., Thank you for sharing your experience/thoughts on multiple threads here at FF. I like trading (scalping) break outs during news on M1 time frame looking for 5 to 20 pips depending on impact and volatility, SL would be below/above M1 news candle. This usually goes into multiple entries/exits in the first 15 minutes after news. While scalping pull backs in intra-day trend direction on M5, M15 outside news hours for 3 to 10 pips. I usually exit when price starts to hesitate continuing in my direction. In rare cases I close part of the position...
Thanks for the response and your volume of weighted opinion, meaning the years of experience behind it, coding and trading. I look forward to sharing the system for all to benefit one way or another. Hopefully market makers don't try to mess the party up lol.
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  • #65
  • Jul 15, 2017 4:18pm Jul 15, 2017 4:18pm
Time for the exciting part some screen shots of hidden broker nightmare. I am not planning to be broke, but to make some more money, while i give others what i never got, just participate and i will use that as fuel to share more... Its time to change your situation, your future and generations that follow us. Help me to help your account flourish in green fields.
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  • #66
  • Jul 15, 2017 4:22pm Jul 15, 2017 4:22pm
Quoting PrinceJ58
{quote} Thanks for the response and your volume of weighted opinion, meaning the years of experience behind it, coding and trading. I look forward to sharing the system for all to benefit one way or another. Hopefully market makers don't try to mess the party up lol.
Market Makers (MMs) are doing their job, and we can not blame them.
MMs are certainly not your scalping partners.

Essentials for scalping are : fast execution, minimum spread and slippage, low commission, no re-quotes. Which are hard to find on MT4 even with ECN brokers.
No guts, no glory
  • #67
  • Jul 15, 2017 4:24pm Jul 15, 2017 4:24pm
Opportunities on
H1 audusd on 11th to the 14th...
Arrows are there to indicate where a breakout would have happened...
Attached Image (click to enlarge)
Click to Enlarge Name: Audusd Good Opportunity.png Size: 64 KB
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  • #68
  • Jul 15, 2017 4:26pm Jul 15, 2017 4:26pm
A sample of my E/U scalps this Friday after news. 11 entries, 1 loss.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1_friday_scalps.png Size: 26 KB
No guts, no glory
  • #69
  • Jul 15, 2017 4:28pm Jul 15, 2017 4:28pm
Look for confirmed breakout above or below level like in the picture below.
Attached Image (click to enlarge)
Click to Enlarge Name: Breakout above level.png Size: 23 KB
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  • #70
  • Jul 15, 2017 4:30pm Jul 15, 2017 4:30pm
Quoting PrinceJ58
Opportunities on H1 audusd on 11th to the 14th... Arrows are there to indicate where a breakout would have happened... {image}
I see that you are building positions not scalping ( ). Good for you.
No guts, no glory
  • #71
  • Jul 15, 2017 4:31pm Jul 15, 2017 4:31pm
Nzdjpy, a good one too...
Attached Image (click to enlarge)
Click to Enlarge Name: Nzdjpy.png Size: 30 KB
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  • #72
  • Jul 15, 2017 4:40pm Jul 15, 2017 4:40pm
A mix of Khalils "LAST METHOD" IN THIS ONE...But it respects my rules...
Attached Image (click to enlarge)
Click to Enlarge Name: Gbpaud.png Size: 35 KB
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  • #73
  • Jul 15, 2017 4:46pm Jul 15, 2017 4:46pm
Another way for price action traders using trend-lines...
Attached Image (click to enlarge)
Click to Enlarge Name: LAST GBPAUD.png Size: 42 KB
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  • #74
  • Jul 15, 2017 4:47pm Jul 15, 2017 4:47pm
Audjpy again with daily open...trades taken on the break of barry...
Attached Image (click to enlarge)
Click to Enlarge Name: LAST Audjpy.png Size: 27 KB
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  • #75
  • Jul 15, 2017 4:57pm Jul 15, 2017 4:57pm
Some simple entry rules...
Either you use market order after the close of the breakout candle or use pending order close to the expiry of the present breakout candle...
Attached Image (click to enlarge)
Click to Enlarge Name: On every break there us an opportunity.png Size: 50 KB
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  • #76
  • Jul 15, 2017 5:14pm Jul 15, 2017 5:14pm
Quoting abokwaik
A sample of my E/U scalps this Friday after news. 11 entries, 1 loss. {image}
This is mine Khalil...
Attached Image (click to enlarge)
Click to Enlarge Name: Khalil my entry.png Size: 44 KB
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  • #77
  • Jul 15, 2017 5:15pm Jul 15, 2017 5:15pm
Quoting abokwaik
{quote} Market Makers (MMs) are doing their job, and we can not blame them. MMs are certainly not your scalping partners. Essentials for scalping are : fast execution, minimum spread and slippage, low commission, no re-quotes. Which are hard to find on MT4 even with ECN brokers.
I will have to find another broker then soon...
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  • #78
  • Jul 15, 2017 5:21pm Jul 15, 2017 5:21pm
Quoting abokwaik
{quote} I see that you are building positions not scalping ( ). Good for you.
Actually it should be multi time-frame, so m5=5 pips, then m15 =10-12 pips, m30=20 pips, h1= 25 to 30 pips, h4=50 pips, Daily=up to 80 pips, Weekly= 100 pips and it goes on and on...Don't want to be greedy. Just wise... Take them as they come and where you can allow them to run, you let them do...
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  • #79
  • Jul 15, 2017 6:09pm Jul 15, 2017 6:09pm
The break-even Expert, that place stop-loss, take profit and set a break-even in pips input for all trades or the present chart only.

What would be good is if some one could add trailing options to it for all those trades...

Respect due to the creator...
Attached File(s)
File Type: mq4 BE.mq4   10 KB | 328 downloads
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  • #80
  • Jul 15, 2017 6:20pm Jul 15, 2017 6:20pm
Break Even E.A. All It needs is a trailing feature now...
Attached Image (click to enlarge)
Click to Enlarge Name: BE image.png Size: 20 KB
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