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C4 Scalping

  • #2,761
  • Jul 26, 2009 7:00pm Jul 26, 2009 7:00pm
Hard to form any meaningful opinion or analysis with such slow PA early on a Sunday.

Will reserve any opinions until Monday.

Early pics of MT4 Renko, C4 and Nitro.

Yes, nitro has 4 trades booked and working on #5. All vertical line indicate Market open on all pairs.

Still, the MT4 material will need to be proofed-up through Monday in order to really ascertain viability or not.

Regards.
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  • #2,762
  • Jul 26, 2009 7:06pm Jul 26, 2009 7:06pm
Quoting Chris_B
Some 5 pips trades in "after hour" asian session with renko...
Nice looking setup here.

Excellent modification and use of Renko.

Is always a good deal to get to goal during an early Sunday session.

Very encouraging indeed.

Double GOLD STAR and Jello pudding pops all around.

Regards.
  • #2,763
  • Jul 26, 2009 7:07pm Jul 26, 2009 7:07pm
Quoting Mandl2007
Would it be possible to get your EA ? Looking on your charts above I can see this EA - during your postings we could read already sometimes about your EA project earlier.

My EA is useless...
I'm just testing it but it opens the trades too early most of the times...and has some other bugs...
I have just been lucky in the trades you see...

Anyway...you don't need any EA to trade C4...signals are so clear...and with renko still more clear...
Market is like a puzzle, YOU have to fit the pieces!!
  • #2,764
  • Jul 26, 2009 7:10pm Jul 26, 2009 7:10pm
Quoting Edgetrader
Nice looking setup here.

Excellent modification and use of Renko.

Is always a good deal to get to goal during an early Sunday session.

Very encouraging indeed.

Double GOLD STAR and Jello pudding pops all around.

Regards.

Thank you for the gold stars...

I'm trying to approach nitro...but with caution...
Market is like a puzzle, YOU have to fit the pieces!!
  • #2,765
  • Jul 26, 2009 7:18pm Jul 26, 2009 7:18pm
+9 on asian session. weak pa overeall but but nonetheless got nice trade out. will start trading primarily asian/london overlap this entire week.

just need +20 - 30 pips a day and i'm done.
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  • #2,766
  • Jul 26, 2009 7:25pm Jul 26, 2009 7:25pm
Made a quick 20 pips with my simple system.
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  • #2,767
  • Jul 26, 2009 7:26pm Jul 26, 2009 7:26pm
Another one
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  • #2,768
  • Jul 26, 2009 7:31pm Jul 26, 2009 7:31pm
Quoting gerry berard
Another one
I don't get where you are entering or exiting ..or why.
******************* I'd rather make money than be right.
  • #2,769
  • Jul 26, 2009 7:36pm Jul 26, 2009 7:36pm
Hi 4XSTAR. After my trade I go to history and drag the trade on my chart. I don't know why it does not show up on PA. I am using interbank platform and I have no way to change it. I will call them on monday and try to find out if I am doing it wrong.
  • #2,770
  • Jul 26, 2009 7:46pm Jul 26, 2009 7:46pm
Could not resist to grab a few
Hmm, I could gain a bit of confidence if this keeps up
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  • #2,771
  • Jul 26, 2009 7:46pm Jul 26, 2009 7:46pm
+26 for this morning...
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"The only successful substitute for brains is silence."
  • #2,772
  • Jul 26, 2009 7:56pm Jul 26, 2009 7:56pm
Hi Edge,

I've been lurking for a while now but was never compelled to post.
Been following you and the group for a few weeks now ... looking but no touching.

I don't usually nut hug but I just wanted to thank you for the time and effort you've put forward to educate novice traders and formally introduce myself before starting in with questions/comments.

Like I tell every girl I've ever met online -- Thanks for busting my Internet Cherry.
  • #2,773
  • Jul 26, 2009 8:06pm Jul 26, 2009 8:06pm
+6.

positive 15pips for past 30min so far.
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  • #2,774
  • Jul 26, 2009 8:07pm Jul 26, 2009 8:07pm
Hey EDGE. Nice 10 pips on a Sunday night using Renko bars. Might be something to this.Still a nice clean chart.I told you I had an open mind
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  • #2,775
  • Jul 26, 2009 8:08pm Jul 26, 2009 8:08pm
Quoting gerry berard
Another one
Have been watching this for a week now and am confused.

Is this being incorporated into the methodology in some manner? If so, please explain how? I see it is also traded on a 1H TF which is a bit confusing as nothing we focus on is traded on such a high TF.

Is this a scalp of some manner on this TF? I guess it is in a way as you are looking for 20 pips on some trades. Can you please take the time to set forth exactly what the method is and how we are to use it?

Sorry if I missed something before, it is hard to catch everything going on at times.

Regards.
  • #2,776
  • Jul 26, 2009 8:10pm Jul 26, 2009 8:10pm
Quoting gerry berard
Hey EDGE. Nice 10 pips on a Sunday night using Renko bars. Might be something to this.Still a nice clean chart.I told you I had an open mind
There you go. Now this I can grasp.

Not sure about the other deal you are trading. Just need it set forth exactly as traded so I can understand it.

Thx Gerry.

Regards.
  • #2,777
  • Jul 26, 2009 8:10pm Jul 26, 2009 8:10pm
I am trying to scalp 10 pips per trade on the 1 hour time frame. The 5 min is way to fast for an old guy like me.
  • #2,778
  • Edited 8:17pm Jul 26, 2009 8:12pm | Edited 8:17pm
I'm in this too.

If you're still in stick with it till about 1.4221.
I have that as a Murray Math Pivot Buy. If PA is strong at 1.4221 stay in longer and use it as an SL.

Quoting darkness
+6.

positive 15pips for past 30min so far.
  • #2,779
  • Jul 26, 2009 8:13pm Jul 26, 2009 8:13pm
Quoting walb99
Did you use this strategy or is this only an idea?

CCI 50+14 strategies are discribed here:

http://www.forexfactory.com/showpost.php?p=1427655&postcount=1
No I wasn't using it, but looks very interesting thanks for pointing it out.
That would explain why the ToR 1.2 author coded the indicator the way he/she
did. I mainly use it if I see a trix cross late and just checking the ADX/CCI 50+14 combo indi to see if the train still has any steam left in it. A lot easier to derail a locomotive when it's moving fast downhill, and with lots of momentum.
  • #2,780
  • Jul 26, 2009 8:13pm Jul 26, 2009 8:13pm
So far, so good.

These two have not missed a +10 on MT4 Renko in early session trading.

Mini Nitro in the making?

Regards.
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