Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies

Best broker for scalpers? 162 replies

Scalpers Hourly Range Indicator (TSR tweeked for scalpers) 2 replies

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays 88 replies

Synergy Method For Scalpers and Scalpers Hourly Range Calculator (Based on TSR) 22 replies

Attachments: GBPJPY scalpers
Exit Attachments

GBPJPY scalpers

Quoting cotoho
Just for the record does your room only show up on the list when you are there and logged in? I looked this morning and didn't see your room listed....maybe I looked when you weren't there yet. Were you there from 4-9 today?
4qam to 9am only shows when i am there ...
Blogging daily now at www.volume.zone
Hi, If you get a chance, I just had a querie regarding the attached chart.

Is #1 and #2 on the fast RSI valid signal entry positions?

#3 and #4 didnt make it above the 70 line then turned. In hindsight, they were nice trades if taken. Are they valid?

Thanks for your time.
regards,
Damo.
Attached Image (click to enlarge)
Click to Enlarge Name: cha4.gif Size: 18 KB
where thought goes energy flows
Quoting Damo12
Hi, If you get a chance, I just had a querie regarding the attached chart.

Is #1 and #2 on the fast RSI valid signal entry positions?

#3 and #4 didnt make it above the 70 line then turned. In hindsight, they were nice trades if taken. Are they valid?

Thanks for your time.
regards,
Damo.
#4 was a valid signal on 3m . I saw it but didn't take it, stupid as I am.
Quoting SimonJ
#4 was a valid signal on 3m . I saw it but didn't take it, stupid as I am.
Thanks Simon. I'm not experienced enough to venture below 5M.
Damo.
where thought goes energy flows
Quoting Damo12
Thanks Simon. I'm not experienced enough to venture below 5M.
Damo.
Please can you quickly tell me how to place this market?
Quoting zoludayo
Please can you quickly tell me how to place this market?
Hi zoludayo.
I think I can answer this on behalf of most.
This thread is not intended as a buy/sell signal service. You need to do your own analysis and make your own decisions.
Best of luck.
Damo.
where thought goes energy flows
Quoting Damo12
Hi, If you get a chance, I just had a querie regarding the attached chart.

Is #1 and #2 on the fast RSI valid signal entry positions?

#3 and #4 didnt make it above the 70 line then turned. In hindsight, they were nice trades if taken. Are they valid?

Thanks for your time.
regards,
Damo.
You expect me to answer that ???

How about ..I dunno ...lol

Simon is right you can eithger go down to a smaller time frame or when the market seems to be choppy .. like it was this mornign go to a longer time frame.

I should have gone to a longer time frame this morning.

15 min would have got me in to a nice trade
Blogging daily now at www.volume.zone
If you get a cross up through 40 or down through 60 how long do you still consider it a valid signal. Meaning how far can rsi go up or down until you pass on the entry?

Maybe spending some time in the room will help with some of these questions.
well, at 8:12 pm PST, I see a downward move on the GBPJPY because on the 5 minute chart we just completed a wave 5 terminal wave and now the 5th wave is commencing. This could take us down to 203.50 or even 203.0 Once we hit this level, I am using mirror image techniques from Mike Jenkins' book which tells me that a dead cat bounce is possible, hence the opportunity to go long.

I also have a nice turning point at 22:30- 22:45, possibly a low at that point.

Only time will tell if I am way off or accurate.

Al
Hello .... On the RapidRSI indicator .... is the RSI value default setting of 14 correct ?

Thank You
Quoting Togy
Hello .... On the RapidRSI indicator .... is the RSI value default setting of 14 correct ?

Thank You
As far as I am aware, yes.
D.
where thought goes energy flows
whats the room name on tradingrooms ?
Malcomb are you in the room? I don't see your room listed.
Quoting Damo12
As far as I am aware, yes.
D.

Thank You Damo.
You have to put malcolmb14 in your contacts and then you can double click on him to enter the room. Cheers.
Is malcomb14 in community trading rooms ? What is the room name ? Anyone's assistance would be grateful !!

Thank You
I believe the room is named after Malcomb. Once he's online and logged into the room, the room should appear. That's the way I understand it anyway. Supposedly he's logged in from 6am to 12pm PST (if I remember right without looking at previous posts).
I think he's having some issues with the trading rooms at the moment.
Is malcom in the trading rooms yet .... does anyone have any idea ?

Regards
he was just now
Icy trader = cold hearted trades. no emotion whatsoever. Below zero.
1 trader viewing now