Trendman scalping system | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies

Paramon Scalping system. 10% deposit per day 7 replies

Scalping with crossover system 0 replies

Attachments: Trendman scalping system
Exit Attachments

Trendman scalping system

  • #181
  • Oct 9, 2009 1:05am Oct 9, 2009 1:05am
good morning all,

EUR/USD
5 min chart, down trend slowed down, as 62ema is above 57 and macd ,positive so looking for long options
sorry saying that I have to add,we have to be careful with Macd line ,as it's below 0 ,so the up move might be short lived
{Promotion Removed}
  • #182
  • Oct 9, 2009 1:44am Oct 9, 2009 1:44am
very quick scalping ,ended with 7 pips,might have stayed in, but didn't feel comfartable.
as I've said,5 macd is positive and looking for lond entry
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 170 KB
{Promotion Removed}
  • #183
  • Oct 9, 2009 1:53am Oct 9, 2009 1:53am
Okay guys,another tip that i constantly use for mostly long entries and also sometimes for short entries

please have a look at the both charts and circled areas,now previuosly10 ema crosses over several times both 30 ema but short lived,i always look for on 5 min chart trix cross when i say cross like looks green and about the cross and at the same time 1 min macd turns postive and i wait for nice pull back and jump in.

Try it!!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 191 KB
{Promotion Removed}
  • #184
  • Oct 9, 2009 2:04am Oct 9, 2009 2:04am
Here we go,another example ,quick 5 pips taken
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 187 KB
{Promotion Removed}
  • #185
  • Oct 9, 2009 2:43am Oct 9, 2009 2:43am
how can i put it automaticaly trade with this system but not handle with your hand. if they can do that, it will be exclude psycho problem.
  • #186
  • Oct 9, 2009 2:45am Oct 9, 2009 2:45am
Quoting wem33
how can i put it automaticaly trade with this system but not handle with your hand. if they can do that, it will be exclude psycho problem.
If anybody can do that,that would be lovely!
{Promotion Removed}
  • #187
  • Oct 9, 2009 3:26am Oct 9, 2009 3:26am
Quoting cobraforex
ab1

you sucked, you suck and you will suck in the future.

Why? because you don't have the principal requirement for FX trading: PATIENCE.

You might be good in your biz, but this is another world in which logic is written in small letters.
Thank you Cobra forex for your kind words.......lol,....wow, the guy comes onto someone elses thread to slag me off.......sad !

My points yesterday were to illustrate that the information needed to use this system successfully were not forth coming....it just got a little out of hand with the posts....

Accept my apologies TRENDMAN, you didnt really deserve all of that, you had been trying to share your wisdom and system with us all.

However at least today there are many charts with explainations on what to do etc...so that is at least a good thing.

ab1
  • #188
  • Oct 9, 2009 4:08am Oct 9, 2009 4:08am
again, I'm trying best to write down everything that comes to my mind about the system.
Another major thing you should follow when there is a big jump happens and macd turns(1 min) positive quite late,try to stay away from trade,always wait for a pullback for things to calm down.
Do not forget to look at 5 min chart,too
{Promotion Removed}
  • #189
  • Oct 9, 2009 4:11am Oct 9, 2009 4:11am
Quoting trendman
If anybody can do that,that would be lovely!
many thanks, by the way, I think ,if you put zigzag in , it will be nice.
  • #190
  • Oct 9, 2009 4:58am Oct 9, 2009 4:58am
very nervous about this upward move , 5 min macd is weaker,whiich we have to take into account
{Promotion Removed}
  • #191
  • Oct 9, 2009 5:37am Oct 9, 2009 5:37am
Quoting trendman
very nervous about this upward move , 5 min macd is weaker,whiich we have to take into account
Took a trade on that one as things seemed to line up...made 8 pips....decided to exit as it bounced on the 200ema on M5.
  • #192
  • Oct 9, 2009 5:45am Oct 9, 2009 5:45am
Quoting ab1
Took a trade on that one as things seemed to line up...made 8 pips....decided to exit as it bounced on the 200ema on M5.
good man,well done..))
seriously, just now take a step back,be calm,and enjoy the 8 pips..
{Promotion Removed}
  • #193
  • Oct 9, 2009 6:10am Oct 9, 2009 6:10am
Hi everything looks good i only did not understand where your stop loss is and how you defined it
  • #194
  • Oct 9, 2009 6:38am Oct 9, 2009 6:38am
Nice 10 pips trade on EUR/USD....

Price goes strongly out of two MAs channel, price is above SMA90, MACD above 0 and rainbow chart show strong uptrend...

Nice system trendman!
Attached Image (click to enlarge)
Click to Enlarge Name: example03.gif Size: 88 KB
  • #195
  • Oct 9, 2009 6:51am Oct 9, 2009 6:51am
Quoting lkisiov
Hi everything looks good i only did not understand where your stop loss is and how you defined it
Hi

I'm a scalper so my stoplosses are very thight and usualy use atr stoploss system,per trade I only take 10-15 pips and out,never stay in the trend
{Promotion Removed}
  • #196
  • Oct 9, 2009 7:17am Oct 9, 2009 7:17am
has anyone got on this latest trade?
The reason I'm asking,because I'm referring to my today's early post, 1 min macd negative, 5 min trix turned down,beautiful setup
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 187 KB
{Promotion Removed}
  • #197
  • Oct 9, 2009 7:57am Oct 9, 2009 7:57am
Quoting trendman
has anyone got on this latest trade?
The reason I'm asking,because I'm referring to my today's early post, 1 min macd negative, 5 min trix turned down,beautiful setup
Ok, but I thought you needed to have the macd in the same direction.

So macd together is not important if you have a downward signal from the trix on M5 ?
  • #198
  • Oct 9, 2009 8:02am Oct 9, 2009 8:02am
Quoting ab1
Ok, but I thought you needed to have the macd in the same direction.

So macd together is not important if you have a downward signal from the trix on M5 ?
yes ,you're absulately correct but also I'm trying to show you for quick scalping as well.
Look ,as you get use to the system and get more confidence on the indocators ,you'll start taking more seriuos tradings.
Just try to build up your confidence on indicators and just try to trust them,I'm not saying 100% trust, you know what I mean.
{Promotion Removed}
  • #199
  • Oct 9, 2009 8:08am Oct 9, 2009 8:08am
Hello trend man

This is where it caughts me out. I love to trust the indicators of the system. The rules says never go with 1 min trend and go with only 5 mins.
Now for 5 mins you want the trix and macd to be Positive for us to enter long trades and also in 5 mins emas have to aligned, But this time you took a different option,

I min, macd, I min trix ok, ema ok
5 min macd not ok, 5 mins trix ok and ema not ok.

I understand the subjectivity of trading but it really blows out when we cross the base rules of 5 mins macd and emas not aligned. Sorry it is just a doubt. Plz cna you help me, I am trying a follow you system.
  • #200
  • Oct 9, 2009 8:14am Oct 9, 2009 8:14am
Quoting adler
Hello trend man

This is where it caughts me out. I love to trust the indicators of the system. The rules says never go with 1 min trend and go with only 5 mins.
Now for 5 mins you want the trix and macd to be Positive for us to enter long trades and also in 5 mins emas have to aligned, But this time you took a different option,

I min, macd, I min trix ok, ema ok
5 min macd not ok, 5 mins trix ok and ema not ok.

I understand the subjectivity of trading but it really blows out when we cross the base rules of 5 mins macd and emas not aligned....
Mate
the rules are there only for guidance,I keep telling you, don't get me wrong,
Just try to add your own rules as well,may be for time being just stick with the general rules and get confidence,please be patience,you'll get there .
Try to write down everything I say and gather them and put them into an action.
Use OBV indicator for guidance(not taking trade decision).
{Promotion Removed}
1 trader viewing now