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  • #1,341
  • May 21, 2019 3:40am May 21, 2019 3:40am
Quoting sponge
{quote} In late out early I think but +40 {image}
nice 1 sponge!
persistence and determination alone are omnipotent
  • #1,342
  • May 21, 2019 3:42am May 21, 2019 3:42am
Got a potential short on the DAX H1
Attached Image (click to enlarge)
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persistence and determination alone are omnipotent
  • #1,343
  • May 21, 2019 3:50am May 21, 2019 3:50am
Quoting Ll1979
Got a potential short on the DAX H1 {image}
shorted @ 12169.25
persistence and determination alone are omnipotent
  • #1,344
  • May 21, 2019 4:23am May 21, 2019 4:23am
Quoting Ll1979
{quote} shorted @ 12169.25
out @ 12166 keeping an eye on new entries
persistence and determination alone are omnipotent
  • #1,345
  • May 21, 2019 4:43am May 21, 2019 4:43am
Quoting timingchain
{quote} I use the DOM window for quick entry/exit and moving stops/limits, especially for scalping trades. I certainly agree that playing ticks is no game for humans. It is entertaining to watch all the spoofing that goes on at that level, but again I don't see how humans can actually make use of the fluctuations.
agree, DOM is the thing that I miss the most in MT4
not that drag and drop on the chart is useless but DOM gives a more detailed view of levels and for quick scalping it is irreplaceble
  • #1,346
  • May 21, 2019 4:52am May 21, 2019 4:52am
Quoting valter
{quote} agree, DOM is the thing that I miss the most in MT4 not that drag and drop on the chart is useless but DOM gives a more detailed view of levels and for quick scalping it is irreplaceble
DOM is useful in centralized markets like futures. The OTC (decentralized/inter baking) products like forex don 't give us a full view .
persistence and determination alone are omnipotent
  • #1,347
  • May 21, 2019 5:21am May 21, 2019 5:21am
I think WTI has mixed signals today, the pivot around 63.26 is support for now, a break of 63.72 could see it defying gravity with upside target 67.45
All charts/ideas based on UK time zone
  • #1,348
  • May 21, 2019 5:24am May 21, 2019 5:24am
Quoting Ll1979
{quote} shorted @ 12169.25
Always found the Dax very difficult to trade
All charts/ideas based on UK time zone
  • #1,349
  • May 21, 2019 5:35am May 21, 2019 5:35am
Quoting sponge
{quote} Always found the Dax very difficult to trade
My approach is to look at the major support levels on higher timeframes (H1 H4 D1) and try to find confluence points (were price meets pivot points fibonacci etc) then scale in to a lower timeframes for entry. I could have made much more then a few lousy euro's but i sticked to my 1 min rules
persistence and determination alone are omnipotent
  • #1,350
  • Edited 6:27am May 21, 2019 5:42am | Edited 6:27am
Quoting MP-Trader
{quote} soz been busy with builders ...................................... Loads of things work we just have to find what works for us I guess. thanks for the comments!
For tape I meant CVD
The only experience that I had was to scalp few ticks on 6E on CVD divergence fading every spike on 100 vol candle, that is to say trading against the trend of higher TFs. Sometimes trading the reversion to the mean after London Close.
Bid/Ask better than Tick Up/Tick Down but only if data feed and connection are both excellent.
To consider is that 6E is a tiny fraction of the spot and imho it is moved mainly by arbitrage with the spot (edit).
I was taught first to use sophisticated tools and later I had to learn by myself to read plain candlesticks charts.
Sophisticated tools give a better and in deep view clearly but a plain chart can be read also without them, though with less details of the underlying forces.
Less the variables to evaluate and better my brain works.
I've never been able to use the tape and footprints. DOM I really liked the most but I remember a lot of fake quantities.
I agree that context is the key and make a plan and stick to it........EGO allowing (in my case).
Thanks for your comments
  • #1,351
  • May 21, 2019 5:54am May 21, 2019 5:54am
Quoting Ll1979
{quote} DOM is useful in centralized markets like futures. The OTC (decentralized/inter baking) products like forex don 't give us a full view .
totally agree, Dom is useful in centralized markets
  • #1,352
  • May 21, 2019 6:00am May 21, 2019 6:00am
Quoting sponge
{quote} Always found the Dax very difficult to trade
me too, always thought only dax is more difficult than wti but at least one can make his day faster
  • #1,353
  • May 21, 2019 6:06am May 21, 2019 6:06am
wti cfd [email protected], [email protected], sl@-15 will evaluate
  • #1,354
  • May 21, 2019 6:31am May 21, 2019 6:31am
Quoting valter
wti cfd [email protected], [email protected], sl@-15 will evaluate
out 1/[email protected]
  • #1,355
  • May 21, 2019 6:54am May 21, 2019 6:54am
Quoting valter
{quote} out 1/[email protected]
out another 1/[email protected]
last 1/3 still in
  • #1,356
  • May 21, 2019 7:13am May 21, 2019 7:13am
Quoting Ll1979
{quote} My approach is to look at the major support levels on higher timeframes (H1 H4 D1) and try to find confluence points (were price meets pivot points fibonacci etc) then scale in to a lower timeframes for entry. I could have made much more then a few lousy euro's but i sticked to my 1 min rules
stick to the rules means emotional discipline, for me it is the best quality in a trader
not my best quality I must admit
  • #1,357
  • May 21, 2019 7:16am May 21, 2019 7:16am
Quoting valter
{quote} out another 1/[email protected] last 1/3 still in
last 1/3 [email protected] flat now
  • #1,358
  • May 21, 2019 8:04am May 21, 2019 8:04am
Quoting valter
{quote} last 1/3 [email protected] flat now
Nice trade champ!
persistence and determination alone are omnipotent
  • #1,359
  • May 21, 2019 8:25am May 21, 2019 8:25am
Quoting valter
{quote} stick to the rules means emotional discipline, for me it is the best quality in a trader not my best quality I must admit
I learned it the hard way My pitfall is taking profits to soon mostly due to 1 minute chart fluctuations. The moneymanagement and surviving a drawdown were key parts of becoming a breakeven/profitable trader.

Keep up the up the good trades my friend you're making progress.
persistence and determination alone are omnipotent
  • #1,360
  • May 21, 2019 9:13am May 21, 2019 9:13am
According to Abonacci NPDs , Oil will fall down to 62.16
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