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GBP/JPY and I

  • #41
  • Aug 6, 2020 11:11pm Aug 6, 2020 11:11pm
What about Daily strategy? Where should the entry point will be? It must be enter from 138,36 with target 140,70
  • #42
  • Aug 6, 2020 11:20pm Aug 6, 2020 11:20pm
How come an entry point for scalping is different with daily's ?

It's because daily has another indicators and also it aim for a big target.
  • #43
  • Aug 9, 2020 12:01am Aug 9, 2020 12:01am
H1 chart for scalping
  • #44
  • Aug 9, 2020 12:03am Aug 9, 2020 12:03am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200809_101915.jpg Size: 108 KB
  • #45
  • Aug 10, 2020 4:36am Aug 10, 2020 4:36am
Scalping time

Buy 138,266 with Target1 60 pips, Target2 120 pips and Target3 180 pips.
  • #46
  • Aug 11, 2020 12:21am Aug 11, 2020 12:21am
Quoting bale
Scalping time Buy 138,266 with Target1 60 pips, Target2 120 pips and Target3 180 pips.
Target1 +60 pips , accomplished.
  • #47
  • Aug 11, 2020 8:43am Aug 11, 2020 8:43am
Quoting bale
Scalping time Buy 138,266 with Target1 60 pips, Target2 120 pips and Target3 180 pips.
Target 2 +120 pips, done
  • #48
  • Aug 13, 2020 10:18pm Aug 13, 2020 10:18pm
Please get on the plane NOW before it continues north. 200 pips still available for today ( 141,700).
  • #49
  • Aug 14, 2020 3:55am Aug 14, 2020 3:55am
Actually above the sky there is still sky
  • #50
  • Aug 14, 2020 4:33am Aug 14, 2020 4:33am
Share Gif: https://media.tenor.com/images/33d87...4081/tenor.gif
  • #51
  • Aug 14, 2020 5:09am Aug 14, 2020 5:09am
Hi,
I kind of like your tradingstyle! :-)
Still dont understand how you decide to take the last scalping trade?
And what about SL?
It would be great if you could show how you think (from the beginning to the end) and also why and were you take the trade.....
Good luck!
  • #52
  • Aug 14, 2020 5:15am Aug 14, 2020 5:15am
Sky is the limit?

Share Gif: https://media.tenor.com/images/fabaa...96e1/tenor.gif
  • #53
  • Aug 14, 2020 5:37am Aug 14, 2020 5:37am
Quoting nikki
Hi, I kind of like your tradingstyle! :-) Still dont understand how you decide to take the last scalping trade? And what about SL? It would be great if you could show how you think (from the beginning to the end) and also why and were you take the trade..... Good luck!
Hi Nikki , I trade daily timeframe but sometimes I must grab all free pips around by doing scalping in h1 . You can identify the entry point by using envelope and you can use 60 pips as tp1, 120 tp2 rather than using R1 or R2 . Regarding stop loss I use 40 pips or slightly below the previous candle.

Rules for daily is different a little bit because I only trade it once a week with big target.

Thanks and many greens for you
  • #54
  • Aug 17, 2020 1:41am Aug 17, 2020 1:41am
Hi again,
You say, "You can identify the entry point by using envelope". As I understand it you take a entry when price close over the envelope?
But in the last trade the price was still under the lower envelope line, or?
Just want to understand........ :-)

Good luck!
  • #55
  • Aug 17, 2020 2:11am Aug 17, 2020 2:11am
Good Q, in that situation (last D1 candle on Friday was bearish) and because D1 trend's still bullish then it's easy to identify where should the entry point be located.
In that case I entered from 138,26 or a little bit above red line.

Cheers
  • #56
  • Aug 17, 2020 2:24am Aug 17, 2020 2:24am
Today, the best place to entty Buy for scalping must be from 139,45 with tp1 60 pips & tp2 120 pips and tp3 180 pips. Sl is 50 pips.

Many greens to you
  • #57
  • Aug 17, 2020 2:53am Aug 17, 2020 2:53am
Ok, Thanks!
I will watch and try to understand.........:-)
  • #58
  • Aug 17, 2020 3:01am Aug 17, 2020 3:01am
When weekly and daily are trending up, you should avoid selling on h1.
  • #59
  • Aug 17, 2020 7:46am Aug 17, 2020 7:46am
Quoting bale
Today, the best place to entty Buy for scalping must be from 139,45 with tp1 60 pips & tp2 120 pips and tp3 180 pips. Sl is 50 pips. Many greens to you
Actually not the best place because sl got hit -50.
  • #60
  • Aug 17, 2020 2:02pm Aug 17, 2020 2:02pm
Thats how it is.....
Nothing is 100%
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