Anything above the line is an uptrend, below the line is a downtrend.
Sharing scalping templates that actually work
- #82
- Dec 21, 2019 10:02am Dec 21, 2019 10:02am
- | Joined Nov 2019 | Status: Trader | 1,170 Posts
{quote} Ok, now i understand a bit better, I ment There will be other scalping trades shared somewhere down the road, but not just yet, otherwise it will get very confusing for us all, And the charts are showing everyone were there are some entry points when entering a trade, but they do not show them all, this is where people need to learn and work it all out my friend. Try to understand the Moving averages, support and resistance lines, The Average Daily Range, ect Please read this link below, And i will try and tell everyone how to install the...
Now I understand, thanks
Uncertainty of the market must be embraced and accepted.
- #83
- Edited 5:16pm Dec 21, 2019 4:54pm | Edited 5:16pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} Also can we combinate this with renko chart for scalping ?
I have never used the renko charts before my friend, but give it a go
Then perhaps you can share with us
{quote} There are 100's of them out there, go get them, and stop pucking around, {image} {quote} There are 100's of them out there, go get them, and stop pucking around, {image} {image}
Dingos are more sharp than domestic dogs. I had an easy life, spoon fed and now have to fend for myself in the streets.I see the moving averages, but it seems your indication to trade is based on these mysterious white rectangles. I wished I had them.
- #86
- Edited 5:30pm Dec 21, 2019 5:14pm | Edited 5:30pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
Can you tell more about this Panca eagle indicator? I've been searching around but nothing solid about it.
Hi Degolep,
The Panca eagle indicator is a stand alone indicator, which means that the experienced trader can use it by itself as the only indicator in the chart,
It is a Breakout box, that is very useful after the market has finished consolidating then breaks out of it's range area, It is also a custom built indicator, that has been coded by a forex factory member, and you can find all you need to know about it by searching F/F.
- #87
- Edited 6:14pm Dec 21, 2019 5:56pm | Edited 6:14pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} Hi Brian, I don't get where the white box comes from? None of the indicators I installed have these white boxes. I assume the white boxes are the buy area, where any prices in the white box is a good buy? I read about the Eagle breakout indicator and they say not to trade anything in the red rectangle and only buy when it breaks above the upper green zone or short when it breaks below the lower green zone. You're not using the Eagle indicator as per the text book or am I not reading how to use the Eagle breakout indicator right? The chart...
Hi D,
The white boxes are nothing more than me showing the buy triggers in the charts my friend.
{quote} Good that you can see 100's. I stlil can't? Maybe that's because I'm a dog and you're a dingo
The white boxes are me showing all were to enter the trades,
now try and bring up an chart of your choosing, then add your template to it in the lower time frame that you choose,
Then you should be on your way.
using a demo account first please.
- #89
- Dec 22, 2019 7:46pm Dec 22, 2019 7:46pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
So much good material here. Subscribed. Thanks and Regards
Thanks for that Goodways, and welcome my friend
- #90
- Dec 22, 2019 9:21pm Dec 22, 2019 9:21pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
That's it for me folks,
All the best to you and yours for Xmas and the new year,
And I will see you all next year
I'm still a bit of lost puppy and the only thing obvious in all your charts were the trades based on the MA crossovers. The other ones were quite mysterious to me. Haha.
Anyway, I've researched enough on the Panca Eagle indicator and will test a few of the breakouts, with direction (long/short) being in alignment with whether the 20 MA is above or below the 200 MA.
I am now understanding the profits when considering the trade is limited by the ADR levels, so before entering the trade, I must see whether there are enough pips before it hits the ADR and we are talking about exiting around the 70% of the ADR limit. Not exactly letting profits run, but also means profits in hand to live another trade.
,
- #93
- Dec 23, 2019 9:14am Dec 23, 2019 9:14am
- | Joined Nov 2019 | Status: Trader | 1,170 Posts
Uncertainty of the market must be embraced and accepted.
- #96
- Dec 25, 2019 3:39pm Dec 25, 2019 3:39pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} I usually just follow the trade and exit when needed, I also use trailing stop losses sometimes, I also trade in 0.50 lots x ? what ever, so that's why my losses are small, I dont worry about where my winning trades are going, but I do watch my loosing trades very closely, So when my limit has been reached I exit the trade, sometimes the trade turns after I exited it, and that's fine as I can always re enter the trade, If I wish.
{quote} There's no need for that level of privacy to be shared, If you have doubts then you should try it out in a practise account first, All smart traders should anyway. I dont and wont share sorry, the chart says it all{image}
it also seems like too many people shared that privacy across various threads...surely damn them for not knowing sharing .tpl exposed their privacy.
Determination + Persistence = Success
- #98
- Dec 25, 2019 9:29pm Dec 25, 2019 9:29pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} Could be a great start for 2020 folks.
https://www.forexfactory.com/news/97...tion-into-2020
Interesting, believe it or not.
My view of the monthly chart.
{quote} Could be a great start for 2020 folks.
The bulls are in town
{quote} The bulls are in town
Probably won't see much happen until January folks
- #99
- Dec 26, 2019 11:06am Dec 26, 2019 11:06am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} Could be a great start for 2020 folks.
- #100
- Dec 27, 2019 3:22am Dec 27, 2019 3:22am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} AUD/USD {image}
This is still bullish and still strong
