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Simple System

  • #141
  • Oct 21, 2022 8:54am Oct 21, 2022 8:54am
Quoting bitgiggy
Those range bars do cut out a lot of noise, very nice.
They will if you use the correct range....
  • #142
  • Oct 21, 2022 8:55am Oct 21, 2022 8:55am
Quoting capsmart
Following your steps... {image}
Good trade, but I don't see a stop. Also this is a scalping system no need to grab huge moves.... look at my screenshots posted most of the time my trades are small pushes in my direction and I am already starting to take off profits.
  • #143
  • Oct 21, 2022 8:57am Oct 21, 2022 8:57am
Quoting capsmart
{quote} Hi Isabella May I ask you what are the little squares at the top left part of your screen? I also assume that those are not range bars. They look more like Heiken Ashi bars, but a good trade is always a good trade no matter what tool is used
download an indicator called Color Levels from Roman Podpora on MQL website.
  • #144
  • Oct 21, 2022 8:58am Oct 21, 2022 8:58am
Quoting Isabella_D
US30.cash H4 I will decide in lower Tf {image} USTN10 W {image}
See... even works on the weekly chart.... as I said price is fractal.
  • #145
  • Oct 21, 2022 9:08am Oct 21, 2022 9:08am
Quoting capsmart
This thread was started by Sharpiemomo and the subject is range bars and trading the US 30. I am trying his approach and took 2 consecutive trades. I am also using other systems but I do not want to pollute the thread. {image}

These trades violate the system's rules... Refer to post 1 and study where I've mentioned stop placement.

Here is some strong feedback... for your benefit and others.
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  • #146
  • Oct 21, 2022 9:11am Oct 21, 2022 9:11am
Got out my runner early.... am I disappointed? A little yes a little no. IT IZ WHAT IT IZ
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Original Setup
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  • #147
  • Oct 21, 2022 9:14am Oct 21, 2022 9:14am
Attached Image (click to enlarge)
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Todays Stats
  • #148
  • Oct 21, 2022 9:17am Oct 21, 2022 9:17am
Quoting sharpiemomo
{quote} These trades violate the system's rules... Refer to post 1 and study where I've mentioned stop placement. Here is some strong feedback... for your benefit and others.{image}
thank you for your valuable input, I appreciate.
  • #149
  • Oct 21, 2022 9:23am Oct 21, 2022 9:23am
Quoting sharpiemomo
{image}Todays Stats
Incredible results. How do you determine if a trade is going against you, and do you close your trade early if so?
  • #150
  • Oct 21, 2022 9:25am Oct 21, 2022 9:25am
Quoting bitgiggy
{quote} Incredible results. How do you determine if a trade is going against you, and do you close your trade early if so?
The goal as a scalper is to almost instantaneously get profits on a trade.. if she stalls or starts to pull back you should close out for a scratch trade....

The stoploss is present... but your goal is to defend your stop from getting hit and get out before she eats your stop....

The best trades will INSTANTLY go your way.... that's what you want to have.
  • #151
  • Oct 21, 2022 9:27am Oct 21, 2022 9:27am
Quoting Isabella_D
ERBN.f M15, long that's it for today Summary of today see #119 {image}
Valid long on the close of the bull bar... late entry but good try.
  • #152
  • Oct 21, 2022 9:36am Oct 21, 2022 9:36am
Signals on M5 today NY session
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  • #153
  • Oct 21, 2022 9:41am Oct 21, 2022 9:41am
Quoting sharpiemomo
Signals on M5 today NY session{image}
Love to see the charts. Keep em coming!
  • #154
  • Oct 21, 2022 9:41am Oct 21, 2022 9:41am
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  • #155
  • Oct 21, 2022 9:44am Oct 21, 2022 9:44am
US30 M3 APB Long

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  • #156
  • Oct 21, 2022 9:46am Oct 21, 2022 9:46am
Remember guys this is negative RR scalping.... don't try to grab 1-1RR trades all the time you will get f'ed up.... get profits and take them quickly.
  • #157
  • Oct 21, 2022 9:55am Oct 21, 2022 9:55am
Hopefully will try to upload a demonstration on YouTube...
  • #158
  • Oct 21, 2022 9:59am Oct 21, 2022 9:59am
UJ
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  • #159
  • Oct 21, 2022 9:59am Oct 21, 2022 9:59am
Quoting sharpiemomo
Hopefully will try to upload a demonstration on YouTube...
That would be great. Especially the use of range bars.
  • #160
  • Oct 21, 2022 10:02am Oct 21, 2022 10:02am
Quoting Isabella_D
UJ {image}
Well done.... you just have to rinse and repeat this.... that's all there is to it.
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