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Simple Scalping

  • #541
  • Nov 7, 2017 2:54pm Nov 7, 2017 2:54pm
I been trying with this system two weeks ago, but I can't get consistence, Anyone who is being doing well could you give me some advice please?
  • #542
  • Nov 7, 2017 3:08pm Nov 7, 2017 3:08pm
Quoting Omar2.0
I been trying with this system two weeks ago, but I can't get consistence, Anyone who is being doing well could you give me some advice please?
Check out the posts on S/R. If you look at support/resistance on the smaller tfs it becomes clearer. And don't try to take every trade. Pick the better value ones and don't be afraid of missing one. If it goes, it goes. Another will be along.
Where price is now, it has been before, and will be again.
  • #543
  • Nov 7, 2017 4:44pm Nov 7, 2017 4:44pm
Quoting Jenx
{quote} Check out the posts on S/R. If you look at support/resistance on the smaller tfs it becomes clearer. And don't try to take every trade. Pick the better value ones and don't be afraid of missing one. If it goes, it goes. Another will be along.
Thank you Jenx, I'll read again all the past coments, I want to do it right this time
  • #544
  • Nov 8, 2017 2:45am Nov 8, 2017 2:45am
Hi Jenx,

How far back do you go, to track the S/R. And do you place the S/R at the most recent swing high and low?
Because I seem to identify multiple 1-2-3 in between of the S/R that I have placed.

Thanks!
  • #545
  • Nov 8, 2017 4:47am Nov 8, 2017 4:47am
Quoting roxnap
Hi Jenx, How far back do you go, to track the S/R. And do you place the S/R at the most recent swing high and low? Because I seem to identify multiple 1-2-3 in between of the S/R that I have placed. Thanks!
Hi
I have the higher tf s/r marked but just for reference.
I tend to look at M15 last swing highs/lows more closely.
I wont buy or sell into them unless there is room to do so, and if they have recently been respected I tend to leave them alone.
However if they have been well and truly broken they obviously become the opposite!
It sounds picky but as its scalping for 10 or so pips they don't tend to impinge that often on trades.
And of course, we don't "have" to take the trade at all so always best waiting for a better opportunity to come around.
Good luck
Where price is now, it has been before, and will be again.
  • #546
  • Nov 16, 2017 5:56am Nov 16, 2017 5:56am
Thread went quiet.
Everyone gave up ?
The method described on post one is a very powerful one and with a bit of money management you can scale the positions to get almost every entry a win.
  • #547
  • Nov 16, 2017 6:03am Nov 16, 2017 6:03am
Quoting Matraguna
Thread went quiet. Everyone gave up ? The method described on post one is a very powerful one and with a bit of money management you can scale the positions to get almost every entry a win.
Actually I use it, if not every day, almost. I keep myself updated about news, I check 4 hours chart, 15', 5' and 1'.
As I usually go with the trend I have no problem in averaging up/down if the first trade goes a bit wrong.

I use a Martingale style: usually 30 pips of distance and 1.70 for multiplier.
Not a loss.

But the system is very simple, so people have little to say.

  • #548
  • Nov 16, 2017 6:39am Nov 16, 2017 6:39am
Quoting Matraguna
Thread went quiet. Everyone gave up ? The method described on post one is a very powerful one and with a bit of money management you can scale the positions to get almost every entry a win.
Nope! Just doing what I do every day.
As you say with correct MM and a bit of patience, coupled with a basic understanding of S/R and price action, it has to be the easiest way of making money.
Good luck
Where price is now, it has been before, and will be again.
  • #549
  • Nov 16, 2017 7:29am Nov 16, 2017 7:29am
dont see any trade explorers on it.
hard to tell works or not, just have words of few.
myfxbook DOT com/members/TopTradeBot
  • #550
  • Nov 16, 2017 8:46am Nov 16, 2017 8:46am
Quoting TradeForex1
hard to tell works or not.
Are you serious?
It's hardly rocket science.
I'll give you a clue,, it's in the title
Where price is now, it has been before, and will be again.
  • #551
  • Nov 16, 2017 8:56am Nov 16, 2017 8:56am
Quoting Jenx
{quote} Are you serious? It's hardly rocket science. I'll give you a clue,, it's in the title
no evidence. only words.
myfxbook DOT com/members/TopTradeBot
  • #552
  • Nov 16, 2017 9:05am Nov 16, 2017 9:05am
Quoting TradeForex1
{quote} no evidence. only words.
You need to be baby fed ?
Try it yourself rather than expecting others to convince you if something works.
The most easy way is to load a chart, attack the template and look what happen in the past, see how many trades you would have won based on just the basic ideea and go on from there.

Laziness has no place in forex.
  • #553
  • Nov 16, 2017 9:09am Nov 16, 2017 9:09am
I've been using it but without SL, if the price goes against me, I add other position as @MATRAGUNA said and it's beautiful
  • #554
  • Nov 16, 2017 9:09am Nov 16, 2017 9:09am
Quoting Matraguna
{quote} You need to be baby fed ? Try it yourself rather than expecting others to convince you if something works. The most easy way is to load a chart, attack the template and look what happen in the past, see how many trades you would have won based on just the basic ideea and go on from there. Laziness has no place in forex.
Tried it many times.
I challenge anyway to produce an account.
Typical of FF. Everyone has a great system until they need to prove it.
myfxbook DOT com/members/TopTradeBot
  • #555
  • Nov 16, 2017 9:20am Nov 16, 2017 9:20am
Quoting TradeForex1
{quote} Tried it many times. I challenge anyway to produce an account. Typical of FF. Everyone has a great system until they need to prove it.
You're right, it doesn't work. You should go visit hundreds of other threads with fancy indicators, dashboards, EA's, and oh yes, trade explorers. Bye, see ya later, don't let the door hit ya!
  • #556
  • Nov 16, 2017 9:22am Nov 16, 2017 9:22am
Quoting tommyhawk
{quote} You're right, it doesn't work. You should go visit hundreds of other threads with fancy indicators, dashboards, EA's, and oh yes, trade explorers. Bye, see ya later, don't let the door hit ya!
Was expecting that. No one can accept challenge. Even 1 account, did'nt think so.
myfxbook DOT com/members/TopTradeBot
  • #557
  • Nov 16, 2017 9:28am Nov 16, 2017 9:28am
Quoting TradeForex1
{quote} Was expecting that. No one can accept challenge. Even 1 account, did'nt think so.

Have you tried it ?

What results did you have ?

Kind regards,

Goose
  • #558
  • Nov 16, 2017 9:58am Nov 16, 2017 9:58am
Quoting TradeForex1
{quote} Tried it many times. I challenge anyway to produce an account. Typical of FF. Everyone has a great system until they need to prove it.
Just because you can't make it work, doesn't mean it does not work.

Don't be that guy.
  • #559
  • Nov 16, 2017 10:06am Nov 16, 2017 10:06am
tradeforex,
its a subjective, discretionary "system" or better entry approach, so it will not work for everyboddy.
trading is like dancing, don't think and just listen to the music!
  • #560
  • Nov 16, 2017 10:10am Nov 16, 2017 10:10am
Quoting dethkult
{quote} Just because you can't make it work, doesn't mean it does not work. Don't be that guy.
too much to ask for a TE then. No takers.
myfxbook DOT com/members/TopTradeBot
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