Disliked{quote} How much time would you give the market to "take" the pending order or to delete? 1-2 candles? more??Ignored
Tellboy
Scalping the EUR at the European open
- #302
- Aug 2, 2017 5:34am Aug 2, 2017 5:34am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #304
- Aug 2, 2017 1:04pm Aug 2, 2017 1:04pm
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
Wednesday 6th September. Sorry I havn't been posting recently. Had other things to do. However, this morning showed how the strategy works in practice when we follow the rules. Synchronicity and the 7 am 15 minute candle gave us a buy signal on all four chosen pairs. Momentum was a bit slow on EUR/USD and this was compensated by all other pairs. I was a bit doubtful of reaching the 25 pip target due to lack of momentum (or my lack of patience) so I doubled up and closed all trades with a profit of Ł108. Not bad for a morning's work. 
Tellboy
Don't be dismayed if the EUR pairs are not synchronized as often as we would like. There is an excellent alternative, using exactly the same strategic criteria that can produce a result each and every day, but with a different major currency. This morning (Monday 18th September) it was the turn of a weak JPY to give a good trading basket. Check out that thread to see how effective the strategy can be with different currency baskets. https://www.forexfactory.com/showthr...4#post10262604
Happy trading folks.
Happy trading folks.
Tellboy
Friday 13th October and not bad luck at all for EUR scalpers. The charts below illustrate how the strategy works, and how patience pays off. It is pointed out in this thread that the ideal situation does not happen every day, but when it does then it looks like this (see below): so don't give up, follow the strategic rules and wait. Its just like fishing. Good trading and have a good weekend.
Tellboy
- #312
- Oct 13, 2017 6:37am Oct 13, 2017 6:37am
- Joined Sep 2011 | Status: Trader | 1,252 Posts
Friday 13th October and not bad luck at all for EUR scalpers. The charts below illustrate how the strategy works, and how patience pays off. It is pointed out in this thread that the ideal situation does not happen every day, but when it does then it looks like this (see below): so don't give up, follow the strategic rules and wait. Its just like fishing. Good trading and have a good weekend.
There is no doubt this is a good system, only problem I have is i use MT4,
![Click to Enlarge
Name: 16dc845e9c5073bfd06b24ec28849e2f[1].png
Size: 154 KB](/attachment/image/2517746/thumbnail?d=1507901834)
- #314
- Oct 13, 2017 1:26pm Oct 13, 2017 1:26pm
- Joined Sep 2011 | Status: Trader | 1,252 Posts
As this system is about currency strength ,Here is an indicator that I've been using you have to put the indicator on your chart for each section of it, so if you want show matrix put indicator on your chart and click matrix which is the blue numbers. The currency strength is the yellow numbers do the same,
You Need to practice with it,
what I have found the number at the bottom of the yellow numbers is a very good indication of which way the trade is going,
what I have found the number at the bottom of the yellow numbers is a very good indication of which way the trade is going, positive number is a buy trade and negative, is a sell
the blue numbers shown the EUR as got 7 x 1 this is a good indication
yellow numbers show EUR has got 28 strength and the Japanese -11
so this would be a buy trade EUR/JPY
![Click to Enlarge
Name: 526999502f4ebd54b5f5fd60d9b70355[1].png
Size: 40 KB](/attachment/image/2518220/thumbnail?d=1507926379)
You Need to practice with it,
what I have found the number at the bottom of the yellow numbers is a very good indication of which way the trade is going,
what I have found the number at the bottom of the yellow numbers is a very good indication of which way the trade is going, positive number is a buy trade and negative, is a sell
the blue numbers shown the EUR as got 7 x 1 this is a good indication
yellow numbers show EUR has got 28 strength and the Japanese -11
so this would be a buy trade EUR/JPY
- #315
- Oct 15, 2017 11:46am Oct 15, 2017 11:46am
- Joined Sep 2011 | Status: Trader | 1,252 Posts
This EA, is what I use with my trades,
This EA is fantastic. If you are trying to put a trade on quickly this EA put a stop loss and take profit lines on all charts And you can set them to what you like, you only have to put the EA on one chart,
This EA is fantastic. If you are trying to put a trade on quickly this EA put a stop loss and take profit lines on all charts And you can set them to what you like, you only have to put the EA on one chart,
Monday 16th October. Good morning EUR scalpers. Those of you who are following the strategic rules would have made good trades today. Take note of the support level on the EUR/USD that impeded progress where profit takers halted the down move just before 8 am. So, conservative traders who accepted a modest profit without risking their target would have had a good day.
Tellboy
