thanks for sharing this
ill try it
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Dislikedgood system....i like scalping trading here is scalping indicator helped me alot...i am working in tf5m & 15m on usdmxn /usdtry/gbpjpy {image} {image} {file}Ignored
Disliked{quote} How on earth are you going to scalp pairs like USDMXN with a huge spread? You really need to scalp pairs with low spread IMHO Anyway good luck is all I can say!Ignored
Disliked{quote} hi jmtini .. scalping on USDMXN on tf15m work with me(spread 55pips) yesterday i made +122 pips one trade! {image}Ignored
Disliked{quote} OK - you'd have to make 122 pips on a trade with a spread of 55 pips! Anyway if you're winning that's all that counts I supposeIgnored
Disliked{quote} +++++++++++++++++++++++++ Have spent a lot of time analyzing peso, and it's spread. The spread varies from about 40 to as high as 90, during non peak hours. However, that's quite misleading. Move the decimal point one place to the left, and you have the spread, relative to other pairs. Any way you look at it, it's quite expensive to scalp.Ignored
Disliked{quote} Yes I think the problem with scalping which of course normally involves open quite a few trades every day is that every time one opens a new trade one takes a new risk! Plus, the broker who has no risk whatsoever is making a nice whack from spread and commission each time! I like to use ema cross along with keeping a constant beady eye on currency strength meter. Today USD (for instance) has fluctuated wildly in strength so I think it's absolutely vital to check the meter every hour at least. But on M1 and M5 if one uses ema cross along...Ignored
Disliked{quote} Actually the secret of winning with this strategy (possibly applies to most strategies) is PATIENCE (underlined and in bold!) My problem and probably many of us is that we "think" we see a good entry however it's not based on our system/strategy and it's usually way too early or late. One has to exercise patience and wait for that all-important break-through candle (see image). That takes patience and "they" will try to entice one to open a trade at the wrong time usually with disastrous consequences {image}Ignored
DislikedHi everyone Anyone scalp today? Just thought that I would post the GBPJPY M5 from this morning. As usual the early morning period can be the best time to trade. Nice entry (break through) candles and important to trade with the trend except when price hits a strong resistance/support level. The reason I use tram lines is because when my low value ema's (hence the price action) is within the tram lines OR between the two, no trade is possible. Using the CCI as am extra filter also helps make sure that one is opening a trade at the optimum time {image}...Ignored
Disliked{quote} yes i am sclaping today and yesterday and the days before. please do us a favour and show your trades with the original technical setup (BB and one MA) or please open your own thread, thx.Ignored
Disliked{quote} Birdland, your last post was in May last year and suddenly you resurface and tell me to post on another thread! I am using the same ema buffers as originally suggested and have added some extra filters and set-ups which are of immeasurable assistance to scalpers who want to win on a regular basis. My strategy has taken years to perfect and I was happy to share it with those traders who would like to benefit from it. It's the usual story of course that some arrogant idiot pops up with some brainless and stupid comment. I am going to ignore...Ignored
DislikedGuys I am trying to help those traders who WANT to learn how to scalp profitably. If you want to scalp profitably but are too damn arrogant that you don't want to learn from others of course post your own trades here but please don't reply to me. Thank you! In the meantime it's been a great morning for scalpers. I concentrated on GJ and picked up a nice 30 pips. Here is the entry point (arrow) which you can see was after the break through candle and I waited for a retest before entering my trade. Notice how price bounced nicely off jenx's buffer...Ignored