GBPJPY

you rock man

Its actually not a very good day.
Scalping isnt a great way of making money in this business.
today was purely slow scalps. lol

can you share your indi to me?

GY about to complete range bar to downside
Selling is the best option at the open of the next bar, but wait for pull back
tiny little pull back

All indis are found hre on FF

RANGE BAR
ADR INDI
FIBO indo found in PURE and SIMPLE thread

Pivot Multi also here on FF

the only indi i can't share with you is MY HEAD
but i will help you with the thought process

new bar opened GY

My bias is sell , I would wait for a small pull back then sell for another 40 pips target

I think I do not really need ... trendline and stcochastic is enough. Maybe just psychology that I need to tackle

Ok where do we start

that bastard CADJPY. I could have, would have.. fucken should have.
But hey, its all business

MR Yen
Just Use Range Bars

Here is how i setup
1. Identify the Market you want to trade
Lets say GY
2. Find A Statistical Range that is tradable at least 100 pips daily range movement is needed
3. divide that daily range by 2
GY has a daily range of 90 - 150 or more lets say its 90 divded by 2 = 45 pips
4 . Start Range Bars Chart and use 45pips for range bars . This way every bar is 45 pips
5. use daily pivot point for trend identification

How to trade:
1. Use Daily PIVOT to identify trend. Today GY is Below Pivot = Trend down also below Open
2. Look to sell only using Range Bars 2nd 45pip bar ( today 2nd bar is at 144.90 Sell Below)
3. Exit when bar closes and new bar starts.

The Idea is not to predict tops and bottoms but rather about taking a piece out of the middle
DAILY RANGE and RANGE BARS should guide you thru.

Hope i explained my simple way.
Nothing to it, but use your head. and always ask yourself what is the market trying to do.
and not where is the price going. trade and dont analyze, the market is pre-analyzed and ready for you to place your filter and take a chunk out of the middle

thankyou is very helpfull to me ...

One thing about range bars..
why range bars.
it removes time
time is confusing
1min 5min 1hr 4hr all these time periods confuses me more than helps.
but by removing time. im only looking at pure price.

Daily Pivot to be used only for trend identification
its not a tradable number

You just want to know direction of intraday trend. or session trend

and that is 50% of the equation

Next you Find Real Intraday Support and resistance using Range Bars with ADR

Based on momentum today, GJ direction is Sell.

We can see start from M5 till Daily TF, direction is Sell.

Why I Sell?

Take a loot at H1 TF - Bearish Flag.

H4 - Bearish Flag.

I gotta work on my entries.
Sold 144.95
bad entry

but might work

I wanna break 1% for the day then sleep
News on CAD will move Oil with it

Not Behaving nicely

WOW Next Range Bar Opened

I gotta learn this time framing thing.
when all ducks align YOu are right
it was all sell from the open

XAUUSD GOLD
On Target
Notice how easy when time is removed and focus on price only. Finding ranges to take a chunk out of it becomes easier