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Trendline Scalping System

  • #961
  • Dec 1, 2020 8:17pm Dec 1, 2020 8:17pm
Waiting for a possible setup on GBP, price along daily open
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TMT Scalping System (Best system on FF)
  • #962
  • Dec 1, 2020 10:05pm Dec 1, 2020 10:05pm
It is showing the direction and speed of price while also describing the patterns during periods of price contraction.
  • #963
  • Dec 4, 2020 3:04am Dec 4, 2020 3:04am
Quoting Coutinhs
It is showing the direction and speed of price while also describing the patterns during periods of price contraction.
trendline break is the trigger. But patterns are good arsenal in addition
TMT Scalping System (Best system on FF)
  • #964
  • Dec 5, 2020 7:49pm Dec 5, 2020 7:49pm
Quoting gyila.oliver
Pollen, do you draw the trendlines manually or you use an indicator to draw them?
In this approach, trend line are best drawn manually because you get to learn the system in a traders point of view.
Not relying to indicators to draw trend lines and support resistance levels is must have skill any traders should learn.

Nice weekend
Profit is on the other side of your mind
  • #965
  • Dec 6, 2020 1:20am Dec 6, 2020 1:20am
i would ask you if the angle of your trendlines is 45° or something else
  • #966
  • Dec 7, 2020 1:59am Dec 7, 2020 1:59am
Quoting squarty
i would ask you if the angle of your trendlines is 45° or something else
i think there are no angles specific angles required for trendlines. Are you looking for specific? What are are you using?
TMT Scalping System (Best system on FF)
  • #967
  • Dec 7, 2020 6:56am Dec 7, 2020 6:56am
What time do you use to trade?
  • #968
  • Dec 8, 2020 1:34am Dec 8, 2020 1:34am
Quoting Barin1571
What time do you use to trade?
mostly london, but sometimes asia session but for small pips ony and when trendline break is A+
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TMT Scalping System (Best system on FF)
  • #969
  • Dec 8, 2020 3:45am Dec 8, 2020 3:45am
Hi Pollen,

It says in the first post stop loss 10-30 pips. How do you decide your stop loss and take profit? Do you go for 1:1 0r 1:2 risk reward? Or do you you use support and resistance?

Thank you,
Yana
  • #970
  • Dec 8, 2020 10:43am Dec 8, 2020 10:43am
Hello, Pollen! How much do you set take profit in points in a trade? Do you have a fixed take profit?
  • #971
  • Dec 8, 2020 7:41pm Dec 8, 2020 7:41pm
Quoting Yana
Hi Pollen, It says in the first post stop loss 10-30 pips. How do you decide your stop loss and take profit? Do you go for 1:1 0r 1:2 risk reward? Or do you you use support and resistance? Thank you, Yana
This is dynamic and depends on market structure. If you are starting, you can use SL and TP 12 pips which is 1:1
TMT Scalping System (Best system on FF)
  • #972
  • Dec 8, 2020 7:42pm Dec 8, 2020 7:42pm
Quick asia session scalp, 5pips
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TMT Scalping System (Best system on FF)
  • #973
  • Edited 7:04am Dec 9, 2020 5:54am | Edited 7:04am
TMT buy on audusd
TMT Scalping System (Best system on FF)
  • #974
  • Dec 9, 2020 6:11am Dec 9, 2020 6:11am
Quoting Barin1571
Hello, Pollen! How much do you set take profit in points in a trade? Do you have a fixed take profit?
my tp is usually 5 to 15pips, unless i caught a big breakout.

If your starting out, try to use 10-12pips on London session only
TMT Scalping System (Best system on FF)
  • #975
  • Dec 9, 2020 7:05pm Dec 9, 2020 7:05pm
TMT buy on AUDUSD, clean setup

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TMT Scalping System (Best system on FF)
  • #976
  • Dec 10, 2020 9:30pm Dec 10, 2020 9:30pm
expecting volatility for GBP later
TMT Scalping System (Best system on FF)
  • #977
  • Dec 10, 2020 11:55pm Dec 10, 2020 11:55pm
Quoting Pollen
grabbing those 8pips {image}
Are these the correct entry rules?
"Cut your loses short and let the winners Run"
  • #978
  • Dec 11, 2020 11:57pm Dec 11, 2020 11:57pm
Quoting meck1
{quote} Are these the correct entry rules?
Yes
TMT Scalping System (Best system on FF)
  • #979
  • Dec 11, 2020 11:58pm Dec 11, 2020 11:58pm
Some weekend fun
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TMT Scalping System (Best system on FF)
  • #980
  • Dec 12, 2020 4:17am Dec 12, 2020 4:17am
Quoting Pollen
Some weekend fun {image}
As per the rules aren't the histograms below supposed to be blue when you taking a buy?
And price be between moving averages but you don't use the moving averages at all?

Seems like you are trading your own trendline strategy because it looks nothing like the initial rules.
"Cut your loses short and let the winners Run"
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