sorry for lack of posts ...been tied up talking to a few traders that i mentor a little
anyway............USD has stayed most consistently bull through the whole of the london and US sessions to date
suits me .....whilst i have to be very aware of the manipulation of the USD pairs by big banks etc ....they still remain lowest spreads for my scalping action .............and i do generally ok most days on this timeframe....
higher timeframes in truth are much easier to trade ....but i dont get the number of trades to make it worthwhile off my leverlage / risk profile .......
I was talking to a mate the other week who is a prop trader leveraging other peoples money .....its been offered to me a few times now ......but perhaps when i am more squared later this year ......we will see ...I was more focused on training and mentoring again in 2019.......we will see ......
I did show the scalps i did on cable in london session ........to be honest i was scalp buying earlier for a while then switched back as GBP fell south again into the US early session .......I was fairley conservative and didnt start hitting cable until 2870s ....way late for many scalpers....its been to 2840s so far .....last scalp got in around 2858 and sold to 2850....Cable is retracing again so im out of game at moment
been scalping EU as well...........now thats a rarity for me ....the EU is THE most manipulated of all the G8 28 pairs........the 2 biggest currencies traded by volume means lucrative opportuniites for the big players to hammer all those low TF players at key positions ....but a necessary evil if my indicators tell me EU is where the money is on lower TF's.....
heres about 3-4 scalps from earlier ...again apologies but my indicators have all been hidden / removed and this broker is running off a GMT+2 timeline
again in hindsight ......theres perhaps 2-3 areas where i missed good scalps .........but I am not perfect and tracking a lot of other pairs at times .......naturally i miss a few .....if I kidded you I took them all as perfect trades thats just b*llshit ......this is real trading and not the wonderland stuff many vendors peddle to sell their systems .......warts and all guys ......warts and all.....
N
anyway............USD has stayed most consistently bull through the whole of the london and US sessions to date
suits me .....whilst i have to be very aware of the manipulation of the USD pairs by big banks etc ....they still remain lowest spreads for my scalping action .............and i do generally ok most days on this timeframe....
higher timeframes in truth are much easier to trade ....but i dont get the number of trades to make it worthwhile off my leverlage / risk profile .......
I was talking to a mate the other week who is a prop trader leveraging other peoples money .....its been offered to me a few times now ......but perhaps when i am more squared later this year ......we will see ...I was more focused on training and mentoring again in 2019.......we will see ......
I did show the scalps i did on cable in london session ........to be honest i was scalp buying earlier for a while then switched back as GBP fell south again into the US early session .......I was fairley conservative and didnt start hitting cable until 2870s ....way late for many scalpers....its been to 2840s so far .....last scalp got in around 2858 and sold to 2850....Cable is retracing again so im out of game at moment
been scalping EU as well...........now thats a rarity for me ....the EU is THE most manipulated of all the G8 28 pairs........the 2 biggest currencies traded by volume means lucrative opportuniites for the big players to hammer all those low TF players at key positions ....but a necessary evil if my indicators tell me EU is where the money is on lower TF's.....
heres about 3-4 scalps from earlier ...again apologies but my indicators have all been hidden / removed and this broker is running off a GMT+2 timeline
again in hindsight ......theres perhaps 2-3 areas where i missed good scalps .........but I am not perfect and tracking a lot of other pairs at times .......naturally i miss a few .....if I kidded you I took them all as perfect trades thats just b*llshit ......this is real trading and not the wonderland stuff many vendors peddle to sell their systems .......warts and all guys ......warts and all.....
N
Attached Image(s) (click to enlarge)
