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  • #1,127,981
  • Aug 15, 2017 8:04am Aug 15, 2017 8:04am
Quoting Redeflect
{quote} Isn't a scalper just a trend trader who's extra prepared to break even?
well it's a long story
  • #1,127,982
  • Aug 15, 2017 8:07am Aug 15, 2017 8:07am
Quoting MXT
{quote} well it's a long story
I scalp that hallowed ground between 1-5 pips. I know the tale.
"The fun is in the hunt. Not the kill."
  • #1,127,983
  • Aug 15, 2017 8:07am Aug 15, 2017 8:07am
Quoting Robot
{quote} A scalper tends to buy and sell market on smaller timeframes. Right now we have high volatility market has no directions moves up and down over 60-100 pip range, and this range will get smaller to 50-20 pip range and then market will move towards a direction. I've seen this shit unfold 1000 times... I'm used to it.
what do you mean by no direction exactly? honest question. If I look at the euro for example I see an almost perfect tradeble uptrend since the start of the year, so there is at least some trend on the weekly/monthly rally, maybe not multiyear but there are virtually no traders on FF that even trade that long term.
  • #1,127,984
  • Aug 15, 2017 8:10am Aug 15, 2017 8:10am
Quoting nevie2
{quote} what do you mean by no direction exactly? honest question. If I look at the euro for example I see an almost perfect tradeble uptrend since the start of the year, so there is at least some trend on the weekly/monthly rally, maybe not multiyear but there are virtually no traders on FF that even trade that long term.
The direction right now isn't what it was 8 hours ago. Nevermind 8 months ago. You're seeing what the direction was; not what it is.
"The fun is in the hunt. Not the kill."
  • #1,127,985
  • Aug 15, 2017 8:12am Aug 15, 2017 8:12am
7 month trend, the bigger they are, the harder they fall.
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Learn, a forex trader must, unlearn and relearn he will.
  • #1,127,986
  • Aug 15, 2017 8:13am Aug 15, 2017 8:13am
Quoting nevie2
{quote} what do you mean by no direction exactly? honest question. If I look at the euro for example I see an almost perfect tradeble uptrend since the start of the year, so there is at least some trend on the weekly/monthly rally, maybe not multiyear but there are virtually no traders on FF that even trade that long term.
Yes if you're looking at weekly and Monthly timeframe but when taking such position you will need to wait for weeks and months for market to move towards your direction the question is are you a trader that would take a position and wait on it for months? I don't think so most of us who are here want to see results NOW or sometime in the next day or two.
  • #1,127,987
  • Aug 15, 2017 8:15am Aug 15, 2017 8:15am
Key level 1.17 again. Is it ever going to break? This is for all the marbles, bulls and bears. Below this level and the flood gate will open. Fight it out!
I wanna be a billionaire so freaking bad!
  • #1,127,988
  • Aug 15, 2017 8:15am Aug 15, 2017 8:15am
Quoting Redeflect
{quote} The direction right now isn't what it was 8 hours ago. Nevermind 8 months ago. You're seeing what the direction was; not what it is.

You are seeing the small picture, he is using the big picture to increase his winning possibilities.

I'm not saying you are wrong, although it's not how I go about things, it's a different way.
  • #1,127,989
  • Aug 15, 2017 8:16am Aug 15, 2017 8:16am
Quoting swing 123
Double top at 1840 in Eur/usd and 50 mark level in crude is looking dangerous to me..
1690 is good support, close below will give more strength to bears..
  • #1,127,990
  • Aug 15, 2017 8:19am Aug 15, 2017 8:19am
Quoting Robot
These are great times for scalpers Trend traders losing money Scalpers making money
Scalpers can make gobs and so to trend traders. I've been in this well over a month and am doing ok.
Taigen Profit This Month: na
  • #1,127,991
  • Aug 15, 2017 8:26am Aug 15, 2017 8:26am
Quoting Catch-22
{quote} You are seeing the small picture, he is using the big picture to increase his winning possibilities. I'm not saying you are wrong, although it's not how I go about things, it's a different way.

On the contrary; I am seeing the big picture. Using a long term trend line like that isn't 'seeing the big picture'. But seeing it is a step towards it.

Do you think a scalper doesn't know how to see what the big picture is? It's even more necessary when scalping.

Hence why I took those 30 pips on that news, scalped another 30, and am now long.
"The fun is in the hunt. Not the kill."
  • #1,127,992
  • Aug 15, 2017 8:27am Aug 15, 2017 8:27am
monthly:


That horizontal line near the price is 1714......Prices broke not long time ago and now there is a revisit...........I think she has something to say.....

One think I like to say: "it is my much easier to make money when we take bigger risks......but also unsustainable"
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trading is simple but is simple is not easy.
  • #1,127,993
  • Aug 15, 2017 8:28am Aug 15, 2017 8:28am
Quoting Redeflect
{quote} On the contrary; I am seeing the big picture. Using a long term trend line like that isn't 'seeing the big picture'. But seeing it is a step towards it. Do you think a scalper doesn't know how to see what the big picture is? It's even more necessary when scalping.
If your scalping and your stop loss is 5-20 pips even doing it towards direction of bigger timeframes do you really think your SL will not get hit?
  • #1,127,994
  • Aug 15, 2017 8:32am Aug 15, 2017 8:32am

RE: Might help you. trying to decypher waves, there is no meat, The waves and tides of Price Action are caused by the positions of the celestial bodies WD Gann, his "students" task that will take 5 years min, Everything else is BS , Spare yourself, don't loose your time with 5 or 7 or 618 waves, only showing a path, the waves are the effects of Cosmos..


I have found the main sequence, there's no problem with the system. There's problem with my interpretation and the fact that I'm homeless, in a court battle and sharing an open prison hostal right now.


I know the sequence, it's hard to match exact position in the sequence correctly because variable ratios pull every move into a new shape it's a very precice science and requires utmost concentration.


The market cycle has been decyphered there's few mysterys left in the game. I've totally unzipped the market fractal and ready to publish the underlying mechanics that govern every single market move. There's much meat on the bone. I'm having a hard time remembering all that I have discovered nad realized. Currently condensing and putting it down on paper constantly adding in new understanding. It's a vast project, Elliott had a team of authors helping with this.


I would not doubt that movement stocks are tied to the position of the stars. I already stated that the main sequence looks exactly like a galaxy spiral, I'm already seeing correlations to astronomy. I definately see how The Gann mathematics are relevent to the main sequence. Gan's work is one of the only other work that actually ties into the main pattern nicely. I want to learn all things Gann next and tie that into my work. It took about 10 years of observation and reverse engineering to unlock the market code that is seven.


Thug life

Suthpocalypse

All energy flows according to the winds of the great magnet.

Founder of Sutherland Wave Principle
  • #1,127,995
  • Aug 15, 2017 8:33am Aug 15, 2017 8:33am
Whether you scalp or go long, there is money to be made. I do believe that the price action will get to the bottom channel and beyond, however, scalping on shorter time frames is just as legitimate. In fact I'm looking forward to scalping once I'm out of my long term positions. Probably got another few weeks in order for that to happen.
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Taigen Profit This Month: na
  • #1,127,996
  • Aug 15, 2017 8:33am Aug 15, 2017 8:33am
Quoting Robot
{quote} If your scalping and your stop loss is 5-20 pips even doing it towards direction of bigger timeframes do you really think your SL will not get hit?
er... No? But I started out trading by watching the 1m chart so I'm pretty darn good at it when I need to be.
"The fun is in the hunt. Not the kill."
  • #1,127,997
  • Aug 15, 2017 8:37am Aug 15, 2017 8:37am
If this 1.1688 is being protected, then that's a valid DB and could push price higher than the previous High.. exited most of my shorts here




i am also tempted to LONG some here but waiting for hourly close
  • #1,127,998
  • Aug 15, 2017 8:38am Aug 15, 2017 8:38am
long from 1693 to 1745. short order at 1752 with sl at 771
  • #1,127,999
  • Aug 15, 2017 8:39am Aug 15, 2017 8:39am
eu nice breakout h4
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english is very hard me
  • #1,128,000
  • Aug 15, 2017 8:44am Aug 15, 2017 8:44am
Quoting jusstin911
If this 1.1688 is being protected, then that's a valid DB and could push price higher than the previous High.. exited most of my shorts here i am also tempted to LONG some here but waiting for hourly close
I was actually waiting to buy 4 pips lower than this current low.
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