long g/u at 2.0268
ill close this postion if we get a close of candle below 50ema/30min
ill close this postion if we get a close of candle below 50ema/30min
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DislikedHello friend, where can I read more about this phenomenon you just mentioned? Have seen it the first time and am kinda stumped!Ignored
DislikedI agree, will have to sit by here and wait for some GBP news to give us a little direction, the move down was a good retrace for the move we had from open.
No hurry to over-commit, but will take small scalps based on the 5min candle formations only right now.
Will also look for a breach of 229.98, High today so far, may go for a 10 pip scalp when the candle comes on that line, if it makes it that far. LOLIgnored
DislikedHello friend, where can I read more about this phenomenon you just mentioned? Have seen it the first time and am kinda stumped!Ignored
Dislikedbro .. when you scalp @ frankfurt open.. How do you determine your stop loss or do you use mental SL??Ignored
Dislikedaus,
just a little question here. i've entered long on 15 min strategy. however, qqe5 have crossed down 30 mins ago. did you exit ur position? or do u have it still open? i read in your explanation that we should exit on reverse cross of qqe5, wouldn't mind more explanation plz.
thanks in advanceIgnored
DislikedI never use a Stop loss on scalping, or an hour trade, I have a pre-set area in my mind that I will release if I am in a Loss, but that is if my indicators and candles are turning against me, I have the following setup:
5 Second is the main indication for entry/exit
1Min Trend - 5 Min Candle formation - 30 Min/1 Hour Auslanco Setup to show direction of longer trend.
Nothing over 1 hour charts for my trades.
I usually go for +3 to +25 pips on an average trade, Losses today was only two times, one at -3 and one at -7 pips.
Wins are 7 times varying 3, 5, 10, 22 with multiple lots on each trade but not always the same amount of lots, will usually add lots as price moves across smaller Support/Resistances.
Will prepare to scalp here again if we breach the 229.98 High.
Also, I watch the G/J which leads the E/J a bit, and trade the E/J watching a G/J chart. LOLIgnored
DislikedWell.. according to the strategy .. yes I suppose to get out when QQE5 crossed down.. But I closed 70% of positions just before frankie open so I left the rest after I saw the QQE60 still hanging there rock solid when the price was dipping and I also expected a London reversal. Also I entered some new long positions when QQE1 crossed back upwards.Ignored
Disliked
Also, I watch the G/J which leads the E/J a bit, and trade the E/J watching a G/J chart. LOLIgnored
DislikedDid you trade any Gap fill today?
Looks like the 229.98 is holding here, we bust it, could get a quick hit on pips, but not long in trade if it goes.
Lets see here.Ignored