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TMT Scalping System

  • #2,541
  • Dec 2, 2019 2:34am Dec 2, 2019 2:34am
hey boys and girls, should i take profit already or hold till daily and 4hr support that s in 12 pips give or take? how do u guys get out of a trade? fixed tp or trail etc? cheers
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  • #2,542
  • Dec 2, 2019 6:03am Dec 2, 2019 6:03am
nice moves today, on pound caught some pips also gold, now EJ
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  • #2,543
  • Dec 2, 2019 9:07am Dec 2, 2019 9:07am
gold gapped up on news , but not all the time gaps fill, or..not right away.. even tho that volume seems climactic. i guess the next candle will tell the story if it s weakness or strenght. 13 trades today, 10 winners. should ve been all winners but first 2 i got aquainted with the setup, and another 1 sold at support without realising... and even so i m 84 pips green. cheers all
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  • #2,544
  • Dec 2, 2019 9:35am Dec 2, 2019 9:35am
TMT Buy on AU, 2 winners

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TMT Scalping System (Best system on FF)
  • #2,545
  • Dec 2, 2019 10:02am Dec 2, 2019 10:02am
would be a good trade but stop is around 25 pips or so.. too big for scalping, also the 1hr volume looks climactic plus has dropped for quite a while.. i ll sit this 1 out..aussie and kiwi pairs have low daily range, that s why i don t trade them, if there s news, or some catalyst, might move few pips but otherwise, ur stuck there atleast from my experience so far trading them
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  • #2,546
  • Dec 3, 2019 2:48am Dec 3, 2019 2:48am
targetting next support around 60 pips (caught it a bit late but the setup looked to good)
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  • #2,547
  • Dec 4, 2019 8:36am Dec 4, 2019 8:36am
another gold trade
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  • #2,548
  • Dec 5, 2019 3:52am Dec 5, 2019 3:52am
yet another gold trade
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  • #2,549
  • Dec 5, 2019 10:05am Dec 5, 2019 10:05am
Quoting Hutch
{quote} Not all signals are good. With today's ATR of 16 pips I would never take that trade
Hello Hutch i'm new on this strategy and on forex, I want to know purpose of ATR in this strategy and how to use it,
sorry for my bad english
  • #2,550
  • Dec 5, 2019 11:32am Dec 5, 2019 11:32am
Quoting icedikza
{quote} Hello Hutch i'm new on this strategy and on forex, I want to know purpose of ATR in this strategy and how to use it, sorry for my bad english
The ATR is not part of this strategy. On the other hand at the beginning of the day the ATR is very low so the trade is more risky. After a few hours you can appreciate if the daily ATR has gone far enough compared to previous days. If it has, the daily ATR will give you a good indication of the risk of the trade. Of course if the candle is at the low or high of the day with a decent day ATR you have more chances to win a big trade. Yesterday's 18:30 candle at 58.05 (red vertical line) is a good example. The 2 fxglow indicators were deep blue and the half trend indicator also gave a buy signal while the low of the day was 56.21 and the high of the day was 58.47 so, although it wasn't the ideal trade, that price was far enough from the low price of the day to enter into a trade.
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  • #2,551
  • Dec 7, 2019 11:05am Dec 7, 2019 11:05am
Quoting Hutch
{quote} The ATR is not part of this strategy. On the other hand at the beginning of the day the ATR is very low so the trade is more risky. After a few hours you can appreciate if the daily ATR has gone far enough compared to previous days. If it has, the daily ATR will give you a good indication of the risk of the trade. Of course if the candle is at the low or high of the day with a decent day ATR you have more chances to win a big trade. Yesterday's 18:30 candle at 58.05 (red vertical line) is a good example. The 2 fxglow indicators were deep...
i can't understand this maybe i should learn english and read it's again lol
  • #2,552
  • Dec 9, 2019 12:50am Dec 9, 2019 12:50am
TMT buy on GU, what a spike

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TMT Scalping System (Best system on FF)
  • #2,553
  • Edited 5:15am Dec 9, 2019 3:06am | Edited 5:15am
http://prntscr.com/q86xv2
http://prntscr.com/q8703a
http://prntscr.com/q890au
http://prntscr.com/q891kf
everything in profit, 10 positions at 1time, that s tmt system hahah
eurjpy was the only 1 with a buy taken while the daily candle was red but i did that cos of thr triple bottom and to take advantage of the range and a possible bigger retracement on 1!4hr. cheers
  • #2,554
  • Dec 17, 2019 4:17am Dec 17, 2019 4:17am
back to TMT this week!
TMT Scalping System (Best system on FF)
  • #2,555
  • Dec 17, 2019 5:55am Dec 17, 2019 5:55am
did i wrong?
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  • #2,556
  • Dec 17, 2019 9:08am Dec 17, 2019 9:08am
Quoting icedikza
did i wrong? {image}
http://prntscr.com/qc3ouu
sell or buy after price retraces to the emas(dinamic suporrt resist) in the direction of the overall trend for the timeframe that ur on.
do not sell¬buy when price is far away from the emas, wait always for the pullback, wait for the close of the candle that cuts the trendline, and wait for the next candle to drop 1 or 2 pips more and enter. hope this helps .
cheers
  • #2,557
  • Dec 17, 2019 10:34am Dec 17, 2019 10:34am
Quoting icedikza
did i wrong? {image}
here is your answer
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  • #2,558
  • Dec 17, 2019 11:11am Dec 17, 2019 11:11am
Thank you everyone for answer me, hope someday i will have good result with this system
  • #2,559
  • Dec 19, 2019 1:22am Dec 19, 2019 1:22am
Quoting icedikza
Thank you everyone for answer me, hope someday i will have good result with this system
no problem. Its good if you post your trades too
TMT Scalping System (Best system on FF)
  • #2,560
  • Dec 19, 2019 6:45am Dec 19, 2019 6:45am
NU sell...
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