UJ +5 Pips
PA broke dragon with green candle with notable volume. Hit 5 pips
PA broke dragon with green candle with notable volume. Hit 5 pips
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- Post #11,602
- Quote
- Edited 9:55am Oct 24, 2017 9:24am | Edited 9:55am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
I receive PM S from scalpers wanting more then 5 pips....Easy answer; just increase your lot size too what you you feel comfortable with R/R...
Reference my post #11590 just do the math small FIFO pips scalped X lots = Nice profit banked..
No need to watch your monitors all day. Stalk for high momentum set up, hit your target and go to the beach...
CG
Reference my post #11590 just do the math small FIFO pips scalped X lots = Nice profit banked..
No need to watch your monitors all day. Stalk for high momentum set up, hit your target and go to the beach...
CG
Keep It Simple
- Post #11,603
- Quote
- Oct 24, 2017 9:53am Oct 24, 2017 9:53am
- Joined Dec 2015 | Status: Member | 2,330 Posts
I receive PM S from scalpers wanting more then 5 pips....Easy answer; just increase your lot size too what you you feel comfortable with R/R...
Must be human nature to fix things almost the time.
Market is more simple as you think.
- Post #11,604
- Quote
- Edited 10:06am Oct 24, 2017 9:55am | Edited 10:06am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Yep! You are right. Why changing a good system? For what? Must be human nature to fix things almost the time.
Through the years I have found by staring at monitors for hours I would see set ups that were not good and over trade.
Often less is more...
CG
Keep It Simple
- Post #11,605
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- Oct 24, 2017 10:05am Oct 24, 2017 10:05am
- Joined Mar 2016 | Status: Senior member | 1,271 Posts
- Post #11,606
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- Oct 24, 2017 10:07am Oct 24, 2017 10:07am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
USDJPY M1 5PIPS SHORT - First of all, I saw that on M5 we got double shoulders with M pattern, which indicated that PA would go on a bearish trend - So, I changed to M1 and I saw that PA formed below the 200EMA with a red candle and notable volume - I waited for a retrace and entered Got my target and exited easily. {image}
Quality PVSRA scalps not quantity...
Keep It Simple
- Post #11,607
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- Oct 24, 2017 10:26am Oct 24, 2017 10:26am
- Joined Mar 2016 | Status: Senior member | 1,271 Posts
- Post #11,608
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- Oct 24, 2017 10:35am Oct 24, 2017 10:35am
GBPUSD +7
Price finally breaks a resistance level around .3145 with big volume. Waited for a retrace and got in. Closed when it got stopped for the third time on Wk Mid Lo, even if there's room to go down.
Price finally breaks a resistance level around .3145 with big volume. Waited for a retrace and got in. Closed when it got stopped for the third time on Wk Mid Lo, even if there's room to go down.
- Post #11,609
- Quote
- Oct 24, 2017 11:15am Oct 24, 2017 11:15am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
GBPUSD +7 Price finally breaks a resistance level around .3145 with big volume. Waited for a retrace and got in. Closed when it got stopped for the third time on Wk Mid Lo, even if there's room to go down. {image}
Keep It Simple
- Post #11,610
- Quote
- Oct 24, 2017 11:24am Oct 24, 2017 11:24am
- Joined Jun 2016 | Status: PA Pivot Swing Trader | 3,892 Posts
Just riding the waves on the MM coattails using Bearish small 5 Pip trades x 3 lots and SL=300 Pips with overall Bearish trend on the higher TFs:
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
- Post #11,611
- Quote
- Oct 24, 2017 11:26am Oct 24, 2017 11:26am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
Just riding the waves on the MM coattails using Bearish small 5 Pip trades x 3 lots and SL=300 Pips with overall Bearish trend on the higher TFs: {image}
Our PVSRA method allows each trader to make it their own....
Keep It Simple
- Post #11,613
- Quote
- Oct 24, 2017 1:46pm Oct 24, 2017 1:46pm
- Joined Mar 2016 | Status: Senior member | 1,271 Posts
Just riding the waves on the MM coattails using Bearish small 5 Pip trades x 3 lots and SL=300 Pips with overall Bearish trend on the higher TFs: {image}
- Post #11,615
- Quote
- Oct 25, 2017 6:50am Oct 25, 2017 6:50am
GBPUSD +7
Pound just crashing since the news, I have seen there was still room to previous tops to make some pips. Got in after a small retrace, aiming to the said previous tops. Should have considered that the overall trend is bearish, so there were a ton of SL's just at that level that got triggered right after I closed the trade, pushing the price up another 20 pips in a few seconds.
Pound just crashing since the news, I have seen there was still room to previous tops to make some pips. Got in after a small retrace, aiming to the said previous tops. Should have considered that the overall trend is bearish, so there were a ton of SL's just at that level that got triggered right after I closed the trade, pushing the price up another 20 pips in a few seconds.
- Post #11,616
- Quote
- Oct 25, 2017 6:58am Oct 25, 2017 6:58am
- Joined Mar 2016 | Status: Senior member | 1,271 Posts
- Post #11,617
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- Oct 25, 2017 7:44am Oct 25, 2017 7:44am
- Joined Dec 2015 | Status: Member | 2,330 Posts
Market is more simple as you think.
- Post #11,618
- Quote
- Oct 25, 2017 10:16am Oct 25, 2017 10:16am
- Joined Mar 2016 | Status: Senior member | 1,271 Posts
- Post #11,620
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- Oct 25, 2017 10:19am Oct 25, 2017 10:19am
USDJPY M1 +4PIPS SHORT Strong rejection from the 200EMA that also broke the key level downwards. {image}