Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

Scalp, scalp, scalp 5,604 replies

To scalp or not to scalp? (Images included) 18 replies

Pulse M5, M15, M30,H1+ 9 replies

Azzity's trading journal II, (365+200+50+8 rainbow M15 gj) 52 replies

Attachments: LogiTech (M15 Scalp Idea)
Exit Attachments

LogiTech (M15 Scalp Idea)

  • Post #1
  • Quote
  • First Post: Edited Oct 17, 2018 7:26am Aug 15, 2018 4:45pm | Edited Oct 17, 2018 7:26am
Hello Traders,

Since August is my birth Month, I have decided to share my M15 scalping Idea.. I named the system 'LogiTech' because it's actually Logical and Technical

(I do not own these indicators attached so credits goes to the coders)
I have tried painting a picture as to how my system works...


1. When inserting the 'SR Numbers', Go to Inputs and change all 'DimGray' to None so only major support and resistance are visible for use (See Picture).
2. Bands = Default . (You can change the colors and hide the median line to look like mine)


NOTE: All trades are 15pips STOP LOSS
Targets varies depending on how far the next SR is (You can close at BE)

List of Pairs: EU, AU, UC, CADJPY, N/JPY

I will post new trades in the morning to further explain..
End-Time Investor
Idea for CADJPY

Hope we get an entry on this one..
Currently waiting for EU to reach second target at 1.14200 ... bought the lower band (Was too sleepy to post)
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM15.png Size: 125 KB
End-Time Investor
Idea for UC
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 126 KB
End-Time Investor
Dear JayBag,

Thank you for sharing your system with FF. I was wondering if you would normally take the first entry or do you wait for the safe entry?

If you take the first entry and 15 pip SL is hit, do you take another position from safe level?

I am also wondering what do you use the bands for?

Kind Regards,
Tzamo
"Only you can Make the Future you will be proud to be a part of..." -Me
Quoting tzamo
Dear JayBag, Thank you for sharing your system with FF. I was wondering if you would normally take the first entry or do you wait for the safe entry? If you take the first entry and 15 pip SL is hit, do you take another position from safe level? I am also wondering what do you use the bands for? Kind Regards, Tzamo
Hi Zamo,

I don't wait for safe entry.. I use the BB for entries..
on a buy setup, I buy the lower band and on a Sell setup, I sell the upper band..

Hope this answers your question
J
End-Time Investor
Idea for NJ
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYM15.png Size: 121 KB
End-Time Investor
Jaybag my man!

Thanks for sharing! Will definitely stay in contact to let you know how it goes! It is traders like you that give people hope in Forex!

Hopefully we can meet sometime!
I am still a NOOB!!! Damn, there goes another 10 pips!
Quoting Icebot53
Jaybag my man! Thanks for sharing! Will definitely stay in contact to let you know how it goes! It is traders like you that give people hope in Forex! Hopefully we can meet sometime!
Thanks for stopping by M..
Pls let me know what you think after further testing..
End-Time Investor
thanks for the great stuff jay how do you use the set up machine on the chart in your trading. Thanks again, Bob
I know you did not list cable on the pairs but there was just a buy setup there could you take a look on your charts to see if it was the same. thanks, Bob
Quoting pquirst
I know you did not list cable on the pairs but there was just a buy setup there could you take a look on your charts to see if it was the same. thanks, Bob

Hi Bob,

GBP tends to go rogue
Exactly why I did not cover that pair...

J
End-Time Investor
thanks
Trading system looks good,you need plenty RAM,its intensive on your PC.....USDCAD having a nice setup all now.Thank you for sharing seems as though this setup keeps you on the right side of the market.
Quoting JayBag
Idea for CADJPY Hope we get an entry on this one.. Currently waiting for EU to reach second target at 1.14200 ... bought the lower band (Was too sleepy to post) {image}
SL hit -15
End-Time Investor
Idea for UC...

Only gave first target on previous sell and got stooped out on second order...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 120 KB
End-Time Investor
I see nzd jpy was close to a buy at bottom band is that correct
Quoting pquirst
I see nzd jpy was close to a buy at bottom band is that correct
Yes, that's correct.. from entry, 15pips SL is required
End-Time Investor
Quoting scsstnt
Trading system looks good,you need plenty RAM,its intensive on your PC.....USDCAD having a nice setup all now.Thank you for sharing seems as though this setup keeps you on the right side of the market.
True it requires a lot of RAM.. currently have a 8Gig laptop so no much hassle ..
Being on the right side of the force helps alot..
End-Time Investor
Quoting JayBag
Idea for NJ {image}
Target hit.. +30
End-Time Investor
Waiting for a BUY setup which seems fair..
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM15.png Size: 114 KB
End-Time Investor
0 traders viewing now