Protect your capital
Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies
strategy builder/tester for new scalping strategy 1 reply
1M & 5M Scalping System (Scalping Paradise) 21 replies
Reversals vs. CounterTrend Trade 28 replies
CounterTrend Trading 58 replies
DislikedFought against the news.... could've let the profits run but decided to call it a night. {image}Ignored
Disliked{quote} Well done! That ability to hold on to trades for that long though.... must've been very nerve-wrackingIgnored
Disliked{quote} I actually fell asleep after lunch lol. I just marked out some zones and set limits and let it do its thing. These screenshots are from my home PC. The markups are missing as they are on my office PC. Maybe tomorrow i'll post them to show how i entered. No matter, you still need math and luck.Ignored
Disliked{quote} Agree with you on the last bit. But to hold trades for more than 4 hours, thats a whole new level of patience for a 1-minute strategy. Not an easy featIgnored
Disliked{quote} But i've been blown accounts, albeit small ones, by blindly averaging against a heavy trend.Ignored
Disliked{quote} What do you need bro? I have a lot of then. {image} {image}Ignored
Disliked{quote} hi chucun, i'm sure donny can tell you all about it on monday! it's very simple, if you hold a position during the rollover period, a swap fee will be applied to your floating pnl, not your balance like commission does, take note of his swap column when he posts an updated snapshot on monday... he will pay 0.54 points * lot size for each sell order he has open during each rollover period, negligible in this case really... if they were longs, he would be paid 0.24 points instead... you can right click a symbol in market watch and view its...Ignored
DislikedAlright it's trade time. Took a buy on both EURJPY and USDJPY one after the other since both were setting up. {image} {image} I almost got out at the 20 EMA touch on USDJPY, but from recent past price action I was pretty confident it'd go to the 50 EMA eventually. Price went against me on both so I bought in again: {image} {image} Then what do you know. Australia woke up and pushed both to the 50 EMA fairly while also making ZZ numbers. Got 23 pips on EURJPY and 17.8 pips in USDJPY AND LOOK, I learned a new trick (still new to MT4 lol)! Trade history...Ignored
DislikedAlright it's trade time. Took a buy on both EURJPY and USDJPY one after the other since both were setting up. {image} {image} I almost got out at the 20 EMA touch on USDJPY, but from recent past price action I was pretty confident it'd go to the 50 EMA eventually. Price went against me on both so I bought in again: {image} {image} Then what do you know. Australia woke up and pushed both to the 50 EMA fairly while also making ZZ numbers. Got 23 pips on EURJPY and 17.8 pips in USDJPY AND LOOK, I learned a new trick (still new to MT4 lol)! Trade history...Ignored
Disliked{quote} Solid trades for both pairs! Kicking myself a bit for not waking up soonerIgnored
Colours
What's the point of these? I use SMC/ICT concepts to find potential areas of reversal so that I can safely enter a trade or average in. Targets include opposite Points of Interests (POIs) or Liquidity (Old Swing Highs and Lows) or EMA targets. Whichever makes sense. I usually use a confluence.
I'm expecting price to be somewhat bearish today due to it currently reacting the a H4 FVG