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EURUSD only

  • #72,441
  • Jan 11, 2019 3:49am Jan 11, 2019 3:49am
Quoting Alorente
{quote} Thanks again. I have been trading for decades and I can say without hesitation that you are the best scalper I have ever seen. You are a Natural... It especially astounds me how you enter one way for 8 or 10 pips and immediately reverse for a few and then reverse again and win time after time... Yesterday you put on a show !! It would be very helpful to me (I love scalping) if you explain what you see when you open or close a trade. Just until I grasp the concept. I thank you greatly.
i see pips when i open trade that's it
  • #72,442
  • Jan 11, 2019 3:50am Jan 11, 2019 3:50am
Quoting TwFXtrader
{quote} i see pips when i open trade that's it
What do you mean by that?
Observation is the path to discovery.
  • #72,443
  • Jan 11, 2019 3:54am Jan 11, 2019 3:54am
This still has space to the downside. There will be a better buy price for those who want to buy. London has done nothing!
  • #72,444
  • Jan 11, 2019 3:55am Jan 11, 2019 3:55am
Short 152, sl 15 pip, tp 1447
  • #72,445
  • Jan 11, 2019 4:02am Jan 11, 2019 4:02am
Quoting Alorente
{quote} Thanks again. I have been trading for decades and I can say without hesitation that you are the best scalper I have ever seen. You are a Natural... It especially astounds me how you enter one way for 8 or 10 pips and immediately reverse for a few and then reverse again and win time after time... Yesterday you put on a show !! It would be very helpful to me (I love scalping) if you explain what you see when you open or close a trade. Just until I grasp the concept. I thank you greatly.
Thanks for the kind words. I'm not the most articulate person around so I'll try to pen out my thought process but I apologise in advance if some bits aren't clear enough.

I explained my entry criterias earlier - but basically I have certain levels marked for S/R, crossed reference with guys like digger, okshop etc who are kind enough to share theirs. I also use the lwmas as a sort of dynamic S/R, which works especially well during the Asian session.

For exits and reversals, when price hits a bounce zone, that is a keybsupport if I'm short and a resistance if I'm long of course, I step down to M5 and M1 and have a look at my momentum indicators (I use RSI and A/D at default settings, Stochs I was using 15/5/5 but yesterday Dingoman was kind enough to share his new settings with me so I'm giving those a try for the next couple of weeks). If they are all tapped out and look ready for a reversal (check my past screenshots), then I exit and take the counter trend with a tight SL, moving to BE as soon as I can. I get stopped out a lot this way, but to me capital preservation is #1 priority. If price reaches that S/R level and momentum is barely halfway across the screen, then I just let the trade run, maybe closing half at the level for +10 or something just to secure some profits because theres a higher probability it will push through and hit the next level.

Hope that made sense.
You hesitate, you masturbate.
  • #72,446
  • Jan 11, 2019 4:10am Jan 11, 2019 4:10am
No direction simply Frequency Rigs walking bid offers back and forth catching scalpers. Its all about the CPI in the U.S. session today and the impending continuation Government Shut Down or Trump Stunt with a probability of declaring a State Of Emergency to get his way. The DXY is swooned to appease a wobbled Market "Risk Off" undertone. The earlier Asian session had a upward bias. Europe as anticipated stalled that out though the Euro is bid hungry as you can see by the spider web on the charts. The spreadsheet figures I posted an image of earlier are well defining the range. Trade with Caution The EurUsd wants to rise however the usual U.S. dollar haven idiotic scenario is very active. One of these swings up and down will eventually break. Expect a move as the U.S. Premarket transitions in.
"Look Left Think Right"
  • #72,447
  • Jan 11, 2019 4:10am Jan 11, 2019 4:10am
Quoting engweijie
{quote} Thanks for the kind words. I'm not the most articulate person around so I'll try to pen out my thought process but I apologise in advance if some bits aren't clear enough. I explained my entry criterias earlier - but basically I have certain levels marked for S/R, crossed reference with guys like digger, okshop etc who are kind enough to share theirs. I also use the lwmas as a sort of dynamic S/R, which works especially well during the Asian session. For exits and reversals, when price hits a bounce zone, that is a keybsupport if I'm short...
Thanks again. I appreciate your comments and will continue to watch your trades.
Observation is the path to discovery.
  • #72,448
  • Jan 11, 2019 4:12am Jan 11, 2019 4:12am
TGIF
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Attached Image
Self discipline It is a practice
  • #72,449
  • Jan 11, 2019 4:17am Jan 11, 2019 4:17am
if you want to win don't jerk off
jerking off gives you bad karma overall
  • #72,450
  • Jan 11, 2019 4:20am Jan 11, 2019 4:20am
H1 looks poised for a nice drop, just a question of now or after tagging 1.155x first.
Attached Image (click to enlarge)
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You hesitate, you masturbate.
  • #72,451
  • Jan 11, 2019 4:27am Jan 11, 2019 4:27am
Quoting Techanalyst
{quote} Nice good for you. Why not try this next time. I will attach the chart. Buy where the blue boxes are small lots and you can move your stop losses as the price goes up. {image}
ty
TMT Scalping System (Best system on FF)
  • #72,452
  • Jan 11, 2019 4:27am Jan 11, 2019 4:27am
Quoting engweijie
H1 looks poised for a nice drop, just a question of now or after tagging 1.155x first. {image}
you seem to always have your phone in flight mode - too many ladies chasing ur scalping $$!?!
  • #72,453
  • Jan 11, 2019 4:28am Jan 11, 2019 4:28am
Quoting TwFXtrader
if you want to win don't jerk off jerking off gives you bad karma overall
you wouldn't want karma, dont you
TMT Scalping System (Best system on FF)
  • #72,454
  • Jan 11, 2019 4:29am Jan 11, 2019 4:29am
Quoting Jp1
{quote} you seem to always have your phone in flight mode - too many ladies chasing ur scalping $$!?!
battery conservation
You hesitate, you masturbate.
  • #72,455
  • Jan 11, 2019 4:30am Jan 11, 2019 4:30am
Quoting engweijie
H1 looks poised for a nice drop, just a question of now or after tagging 1.155x first. {image}
Looking to sell at 1.1550 as well. Quick 20-30 pip drop only from the orders there alone. :d
Please, just slap me around if I'm being silly ...
  • #72,456
  • Jan 11, 2019 4:33am Jan 11, 2019 4:33am
Quoting Pollen
{quote} you wouldn't want karma, dont you
if you want good karma just lose tons of money eventually god will see your hard work and let you win
might take years but 1 day that karma will hit you
  • #72,457
  • Jan 11, 2019 4:34am Jan 11, 2019 4:34am
Quoting daemon_delux
{quote} Looking to sell at 1.1550 as well. Quick 20-30 pip drop only from the orders there alone. :d
Good luck! I would add to my short if price gets there, but theres also the possibility that price drops now around the 1.1525/1.1535 zone. Time will tell.
You hesitate, you masturbate.
  • #72,458
  • Jan 11, 2019 4:36am Jan 11, 2019 4:36am
UPDATE:

News from Market....

Due to Gov shut down in US ..publication of high frequency data like CPI might got delayed..means EU could be on it's own today !!!

Trade safe pals!

Happy Trading
Trades technical moves enforced by fundamentals
  • #72,459
  • Jan 11, 2019 4:39am Jan 11, 2019 4:39am
If h1 get Tag and price maintain above 1.15313 this will yield 1.16057
(+- intraday Level 4 & h4 projection)
BEARS FOR below 1.15313 or fade at 1.16057+-
Currently H1 bull still need to Tag 1.1536 they are still zzZZZzzz
Bears have the field now

TGIF GL
Self discipline It is a practice
  • #72,460
  • Jan 11, 2019 4:44am Jan 11, 2019 4:44am
New deal for not a long time.
Buy 1519 from the dashed line,
SL 20p(mental), TP ....
LMWA line as a support, besides there are several other signals for this.
While I do not expect too much before the latest news will be released this week.

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