Saturday afternoon scalping setup! | Forex Factory

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Saturday afternoon scalping setup!

  • #1
  • First Post: May 23, 2008 10:42pm May 23, 2008 10:42pm
Hey folks. I'm a relative novice and spend most of my time losing money and popping zoloft pills, and I really appreciate all the knowledge that can be gained from this forum. To thank you all, I've decided to post a template of a super secret scalping setup I'm working on. It works best with monopoly money, but works for all pairs.

It's pretty intuitive, so I'll just leave you with a chart screencap.
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Click to Enlarge Name: super easy setup!!.gif Size: 128 KB
  • #2
  • May 23, 2008 11:11pm May 23, 2008 11:11pm
Take a look at this set up, it can be equated to one of those pictures where you hunt for hidden pictures.

In this case, you will be looking for price action, ie... candlesticks, bars,

See if you can find it!
Attached Image (click to enlarge)
Click to Enlarge Name: wheresprice.jpg Size: 219 KB
  • #3
  • May 24, 2008 12:16am May 24, 2008 12:16am
I think your thread title is misleading since it can also be used for Sundays!!!

  • #4
  • May 24, 2008 12:42am May 24, 2008 12:42am
Quoting CJ Modiano
Hey folks. I'm a relative novice and spend most of my time losing money and popping zoloft pills, and I really appreciate all the knowledge that can be gained from this forum. To thank you all, I've decided to post a template of a super secret scalping setup I'm working on. It works best with monopoly money, but works for all pairs.

It's pretty intuitive, so I'll just leave you with a chart screencap.
Holy crap, indicator overload! Jesus, I almost got a seizure by looking at that chart But thank you for satirizing that, it perfectly sums up the frustration I feel when I look at some of the charts posted around here, where people say "it's obvious" and I'm like "what the...?! hum ... no seriously ... what ... where ... WTF?!?!".Guess I shouldn't feel that stupid anymore.
  • #5
  • May 24, 2008 5:47am May 24, 2008 5:47am
Ok, heres my strategy, see if you can spot the area of key s/r?

Max
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Gravity goes both ways in forex...
  • #6
  • May 24, 2008 5:51am May 24, 2008 5:51am
Looks like a good time to go long. Wait for confirmation via a breakout above the top of the red bauble.
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The market reveals who we really are...
  • #7
  • Last Post: May 24, 2008 6:02am May 24, 2008 6:02am
Quoting tenantro
Holy crap, indicator overload! Jesus, I almost got a seizure by looking at that chart But thank you for satirizing that, it perfectly sums up the frustration I feel when I look at some of the charts posted around here, where people say "it's obvious" and I'm like "what the...?! hum ... no seriously ... what ... where ... WTF?!?!".Guess I shouldn't feel that stupid anymore.


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