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FX-50 Great Scalping System

  • #2,481
  • Sep 1, 2009 11:06pm Sep 1, 2009 11:06pm
Quoting monomonono
Hello Wakayama I'm in the same situation than you but maybe this can help.
1) I saw that in some cases before the "second high probability trade" appear a white dot in the fxprime v2 alerting the proximation of the trade (like you can see in your example).
2) Look at kijuntenkan to be aligned with 1M kino or going down 1M kino
(I think this is important)
3) Wait for the 5M kino to be wide and take trend.
4) wait for retracement of TrandCCi
Luis
Hi Luis, thx so much for your comments cos I'm really new and need help. Hope can improve my trading skills here.

In the pic before and at num.2, that's my exit position not an up trade enter. So any ideas for that exit? I knew it was a down-trend but gave up at last.
  • #2,482
  • Sep 2, 2009 6:59am Sep 2, 2009 6:59am
hello guys

I did a trade today, it seems everything's ok and price found a support at 1TF and 5TF ribbon, but still a failde trade. Why? Can you gime some comments about it?

Attached Image (click to enlarge)
Click to Enlarge Name: tech.gif Size: 33 KB
  • #2,483
  • Sep 2, 2009 9:43am Sep 2, 2009 9:43am
Quoting Wakayama
hello guys

I did a trade today, it seems everything's ok and price found a support at 1TF and 5TF ribbon, but still a failde trade. Why? Can you gime some comments about it?

Attachment
You have to wait a little more that M1 kino has to be above 5M for a better probability; price goes above 5M and retraces to 5M and then running again (with CCi going above 67 then down and the above 67), and when price crosses simultaneously 1M and kujintenkan or price crossing kujun tenkan win 1M over 5M and CCi crossing 0 or 67. I think this is a better entry point.
Luis
  • #2,484
  • Sep 2, 2009 9:49am Sep 2, 2009 9:49am
Quoting Wakayama
Hello guys, look at this plz.

I entered at Num.1 for short but failed and out at Num.2. Perhaps the right enter should be made at Num.3. But how can distinguish the situation like this?
I'm still learning this system so need your help.

Attachment
Look at the triangle that you draw, When the support (down line) was crossed it becomes a resistance, so maybe I waited to this libe to be crossed up to close my position
  • #2,485
  • Sep 2, 2009 8:31pm Sep 2, 2009 8:31pm
Thanks for the download,looking forward to demo your system,I will get back to you with results.Thanks Again
  • #2,486
  • Sep 3, 2009 5:11am Sep 3, 2009 5:11am
Quoting Wakayama
Hello guys, look at this plz.

I entered at Num.1 for short but failed and out at Num.2. Perhaps the right enter should be made at Num.3. But how can distinguish the situation like this?
I'm still learning this system so need your help.

Attachment
will you please post the indi of red line on your chart. thx
  • #2,487
  • Sep 3, 2009 9:54am Sep 3, 2009 9:54am
Hi Monomonono, thx for your comments and paitionce. It seems I really need to study harder.

I have recognized the importance of the relationship of 1tf and 5tf. As 1tf above 5tf, go long. But sometimes still confused for the situation :

in pic1 we can see good signals,
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 34 KB


but in pic2, almost the same condition, signals went to die.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 35 KB
  • #2,488
  • Sep 3, 2009 9:57am Sep 3, 2009 9:57am
Quoting avi
will you please post the indi of red line on your chart. thx
I don't konw which indi you want, can you say it more clearly?

Actually, everything you can download from 1st page of the thread, and so did I.

good luck
  • #2,489
  • Sep 3, 2009 10:47am Sep 3, 2009 10:47am
Quoting Wakayama
I don't konw which indi you want, can you say it more clearly?

Actually, everything you can download from 1st page of the thread, and so did I.

good luck
only the big red line up on your chart
  • #2,490
  • Sep 3, 2009 8:55pm Sep 3, 2009 8:55pm
Quoting avi
only the big red line up on your chart
got it, here you go

Attached File(s)
File Type: mq4 Pivot Points Multitimeframe.mq4   45 KB | 941 downloads

Attached File(s)
File Type: ex4 Pivot Points Multitimeframe.ex4   50 KB | 765 downloads
  • #2,491
  • Sep 4, 2009 1:45pm Sep 4, 2009 1:45pm
Quoting Wakayama
got it, here you go

Attachment
Attachment
thx, no. its ribbon indi?
  • #2,492
  • Sep 19, 2009 4:48pm Sep 19, 2009 4:48pm
Kino are you around!!??

Kino or another programmer, could you please just add
a working alert to this indicator. It does not work!

Just alert ONCE per alert not constantly (as one version
I had of this) telling which pair the alert is on
and what time the cross occured.

Can someone please help?

Thanks!

Brian
Attached File(s)
File Type: mq4 ARROW_RSI-8_CROSS-55 45.mq4   7 KB | 836 downloads
  • #2,493
  • Oct 7, 2009 5:05pm Oct 7, 2009 5:05pm
Hi John

Long time no see.
Just checking up on my old favorite tread.
This tread and the system you came up with really set me off into the wonderful world of forex. Since then I have developed my own style of trading using a little fxprime and a few other tips I picked up along the way.
Anyway, It was great to see you clocking in for a peek.

Cleartrade
  • #2,494
  • Oct 12, 2009 11:45pm Oct 12, 2009 11:45pm
Hi all, is Alpari-UK good for live trading this 1m scalping system? I see some of you use that broker's chart. In some situation, 1-2 secs execution delay means 1 or more pips difference, and that would affect if i only have 5-10pips targeting. How about it's requote?
Or... we must choose ecn broker?
Thanks.
  • #2,495
  • Oct 16, 2009 11:56pm Oct 16, 2009 11:56pm
Quoting dbz
I plan to put together an instruction manual showing how the ribbons impact on price movement and when to stay out etc., but I am quite busy at the moment so dont expect anything too soon.

As suggested by BlueBull the best thing you can do is run it in the simulator and you will get a good idea of it. Basic entry/exits are a few post back.

In case you finished the instruction manual for your setup meanwhile, I am still VERY MUCH interested.
  • #2,496
  • Oct 17, 2009 1:04pm Oct 17, 2009 1:04pm
I still very interested too
  • #2,497
  • Oct 17, 2009 1:08pm Oct 17, 2009 1:08pm
Quoting monomonono
I still very interested too
I will start reading John Edwards instructions first, so I get a better idea what is what.
  • #2,498
  • Oct 22, 2009 8:04pm Oct 22, 2009 8:04pm
hello.
when i insert template on my chart only appear a chart+grid lines and later i can't insert any template.
i test 2 templates from page 1 (post #1) on more than 3 mt4 platform and is it not ok till now.
please help me.
can anyone write indicators name and setup's please?

regards
ali forex
  • #2,499
  • Oct 25, 2009 12:11am Oct 25, 2009 12:11am
Quoting Freddyfx
In case you finished the instruction manual for your setup meanwhile, I am still VERY MUCH interested.
My system went through further refinements and has not changed now in over 2 months. It is at the stage now where I believe it needs no further tweaking. I I am producing good consistent profits with it trading live.

Because I owe its foundation to this thread and some are still interested in it then I will post it here. I have no intention to creating its own thread anyhow. I just want to concentrate on trading. But if any are still searching for a system that they can use that works, then feel free to use/try this one.

FYI I use it on 12 pairs at once. It is quite easy to do this with this system.

Zip file attached with everything you need.
Attached File(s)
File Type: zip fx_trend_master.zip   115 KB | 2,187 downloads
...20% method, 80% mindset...
  • #2,500
  • Oct 25, 2009 6:28am Oct 25, 2009 6:28am
Quoting dbz
My system went through further refinements and has not changed now in over 2 months. It is at the stage now where I believe it needs no further tweaking. I I am producing good consistent profits with it trading live.

Because I owe its foundation to this thread and some are still interested in it then I will post

Zip file attached with everything you need.
thanks a lot , very good manual
will try it on monday
kinonen
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