Eur/Usd scalping inspired by Shakesfx | Page 23 | Forex Factory

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Eur/Usd scalping inspired by Shakesfx

  • #441
  • Feb 18, 2009 8:36am Feb 18, 2009 8:36am
hi, i'm looking for an indicator which shows the current bid price in bigger font on the right side of the graph (mt4 platform) - some guys have used it on the shakesfx scalping thread but i can't post there - so maybe you know the name or have the file

thanks in advance
arek
  • #442
  • Feb 18, 2009 8:37am Feb 18, 2009 8:37am
Update on yesterday results:

1st lot: +10, +10, -5, +10 = +25
2nd lot: 0, +40, -5, +10 = +35

+60 total from 4 trades.

Price seems to be in yesterdays range of around 1.2560 to 1.2640

Buy 1.2571
  • #443
  • Edited 8:45am Feb 18, 2009 8:44am | Edited 8:45am
S/L hit for -15 on each lot, try again buy at 1.2562
  • #444
  • Feb 18, 2009 8:46am Feb 18, 2009 8:46am
move S/L to B/E on each i.e. 1.2562 sell price (1.2564 buy price)
  • #445
  • Feb 18, 2009 8:47am Feb 18, 2009 8:47am
TP of +10 hit on 1st lot at 1.2572
  • #446
  • Feb 18, 2009 8:48am Feb 18, 2009 8:48am
S/L of B/E +0 hit on 2nd lot at 1.2562 sell price
  • #447
  • Feb 18, 2009 8:49am Feb 18, 2009 8:49am
think the breakout south might come here, but not a good entry price so will sit and wait
  • #448
  • Feb 18, 2009 8:53am Feb 18, 2009 8:53am
L 68
  • #449
  • Feb 18, 2009 9:02am Feb 18, 2009 9:02am
OSBNR. -15.
  • #450
  • Feb 18, 2009 9:02am Feb 18, 2009 9:02am
Quoting Balanced
L 68
Dont post your trades on this journal please, it will lead to confusion!
  • #451
  • Feb 18, 2009 9:07am Feb 18, 2009 9:07am
balanced I messaged you about this before, please do not note your trades on my journal thanks
  • #452
  • Feb 18, 2009 9:07am Feb 18, 2009 9:07am
I hope this won't lead to confusion. This post is clearly different from Pete's.
Here is how I played the breakout. I've attached a chart with notes on it. I ended up with: (lot 1 / lot 2) = (+10 / +16) for a total of 26 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: explanation.jpg Size: 116 KB
  • #453
  • Feb 18, 2009 9:11am Feb 18, 2009 9:11am
mathematician, what platform allows you to see the 5 second chart?
  • #454
  • Feb 18, 2009 9:16am Feb 18, 2009 9:16am
Quoting petelearning
mathematician, what platform allows you to see the 5 second chart?
OANDA. I think tick charts are probably better because they're theoretically even shoter than 5-seconds, depending on the price action (Is that right?)...but 5-sec is the shortest timeframe on OANDA, so that's what I use.
  • #455
  • Feb 18, 2009 9:23am Feb 18, 2009 9:23am
Thanks mathematician. Will check them out

Think we have had the fall for now, buy 1.2552
  • #456
  • Feb 18, 2009 9:24am Feb 18, 2009 9:24am
hold buy, move S/L on both lots to -5 i.e 1.2547 sell price
  • #457
  • Feb 18, 2009 9:26am Feb 18, 2009 9:26am
actually close both lots at B/E 1.2552, not sure where this going...
  • #458
  • Feb 18, 2009 9:30am Feb 18, 2009 9:30am
Quoting agend
hi, i'm looking for an indicator which shows the current bid price in bigger font on the right side of the graph (mt4 platform) - some guys have used it on the shakesfx scalping thread but i can't post there - so maybe you know the name or have the file

thanks in advance
arek
Here you go...
Attached File(s)
File Type: mq4 Magnified Market Price.mq4   2 KB | 351 downloads
File Type: ex4 Magnified Market Price.ex4   3 KB | 307 downloads
  • #459
  • Feb 18, 2009 9:35am Feb 18, 2009 9:35am
Tape Reading is the defined science of determining from the tape the immediate trend of prices. It is a method of forecasting, from what appears on the tape now in the moment, what is likely to appear in the immediate future. Tape Reading is rapid-fire common sense. Its object is to determine whether stocks are being accumulated or distributed, marked up or down, or whether they are being neglected by the large investors.
  • #460
  • Feb 18, 2009 10:00am Feb 18, 2009 10:00am
thanks bit9ret, that will help my sore eyes
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