Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies
The Great 05 Level Scalping System 110 replies
1M & 5M Scalping System (Scalping Paradise) 21 replies
Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies
Average system + great discipline =great results? 44 replies
DislikedUsed M2 price action to enter...very interesting for sure....perfect FX-50 setup. Booked 25 pips with no heat on GJ.
What the M2 price action entry does is slow you down....a filter per se, but the filter is based on price action. Now that's the best kind of filter.
Cheers
CanuckCTIgnored
DislikedFor those of you who are fans of f4mnect and were following his system I am including his last indicators and template so you can continue using what he started on the other thread.
Please don't ask me questions about it because while I used something similar I am not that familiar with his system to know all the nuances of it, so I can't really help that much.
However I am sure there are quite a few fans of his here that can help answer any questions you may have far better than I can!
Let's keep this thread going about the V1, and not other...Ignored
DislikedUsed M2 price action to enter...very interesting for sure....perfect FX-50 setup. Booked 25 pips with no heat on GJ.
What the M2 price action entry does is slow you down....a filter per se, but the filter is based on price action. Now that's the best kind of filter.
Cheers
CanuckCTIgnored
Disliked
Hello TK. Thank you for your very interesting approach, which is somewhat similar to what I've been doing. I'm attaching my chart with more immediate examples in the asian session (which I don't trade). Could you please verify that these are OK, and that the stops would be very close at the bottom or top of each entry "swing"?
Ignored
DislikedHi tkpower8
I like your method and am giving it a trial. Could you please point me in the right direction where I can find out how the Ant-GUBreakout indicators work? ThanksIgnored
DislikedThose breakout indicators work however you set them up. After plenty of trial and error I have determined that the 4 breakout zones on my chart are of the highest probability for success.
The 2 with stars are by far the best, the other 2 are secondary
ALL +2 GMT
00-02 - Asian session kicks off
*08-10 - London opens
*14-16 - London back from lunch an US opens
19-21 - US back from lunch
The way the indicator works for me is to create a grey zone with those times, then it makes me 2 purple lines that extend for the rest of the day after the...Ignored
DislikedTK...can you comment a bit more on M2 setups. What I'm seesing is that they can almost be traded alone. But when you do get one the M1 very often looks great.
Thanks
CanuckCTIgnored
DislikedRather than try and comment I'll just post examples, please do ask questions though. I'm not the best at explaining becasue I never know what others see and what they do not. I think its pretty simple though, SL is always small and precise, entries are also precise, 80% success rate on average but the losses are always so small it hardly matters
Here are my 2 trades for this morning. Grabbed 50pips total and I'm happy with that for this session
Attachment
The way I filter out even further which ones to take is based on lookin...Ignored
DislikedRather than try and comment I'll just post examples, please do ask questions though. I'm not the best at explaining becasue I never know what others see and what they do not. I think its pretty simple though, SL is always small and precise, entries are also precise, 80% success rate on average but the losses are always so small it hardly matters
Here are my 2 trades for this morning. Grabbed 50pips total and I'm happy with that for this session
Attachment
The way I filter out even further which ones to take is based on lookin...Ignored
DislikedRather than try and comment I'll just post examples, please do ask questions though. I'm not the best at explaining becasue I never know what others see and what they do not. I think its pretty simple though, SL is always small and precise, entries are also precise, 80% success rate on average but the losses are always so small it hardly matters
Here are my 2 trades for this morning. Grabbed 50pips total and I'm happy with that for this sessionIgnored
DislikedNice work. I see it works very well for EJ. I am most impressed with these simple price action setups.
Cheers
CanuckCT
PS...also attaching your template....one trade for GJ....80 pip move....all other noise filtered. It did not fire on the short that I took. It works great. I took a few pips on this move but was watching something else.Ignored