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Trendman scalping system

  • #481
  • Oct 19, 2009 10:27am Oct 19, 2009 10:27am
Quoting PipsRider
she act like a good support now
Just made 10 pips and get out at pivot R1 line on long even if the 1M second chart was not too perfect for me but i notice other things was a good probabilities for a good trade setup !
Only my second trade today but i m up 21 pips !

Luk
  • #482
  • Oct 19, 2009 10:38am Oct 19, 2009 10:38am
Quoting PipsRider
Just made 10 pips and get out at pivot R1 line on long even if the 1M second chart was not too perfect for me but i notice other things was a good probabilities for a good trade setup !
Only my second trade today but i m up 21 pips !

Luk
Good man, always patience, 21 pips is 21pips,don't over trade
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  • #483
  • Oct 19, 2009 11:26am Oct 19, 2009 11:26am
Quoting trendman
My Friend

I'm scalper ,approaching my 7th year trading.This is my job and looks after my family.
Daily I get 50 pips,that is my target ,that is it.As soon as I reach that I leave my trading desk.
This is the only system I've been using last 2-3 years,I have tried everything like you guys but all the systems are so complicated and there is no constant success,whoever says I make this and that don't believe .
Trade with discipline.
I won't say anything about this system to persuade you how good it's ,just try and master it.
I hope you'll like it....
Hi Trendman - lol - by your own definition, that's a contradiction http://www.forexfactory.com/images/icons/icon7.gif....I've just come accross your thread and although I trade cable, it seems that we may have similar methodologies and I look forward to reading through your thread.

Happy trading

Islander
Trading Levels with WRBs
  • #484
  • Oct 19, 2009 1:51pm Oct 19, 2009 1:51pm
Quoting trendman
anyone else
I am always trading live. yeah~
  • #485
  • Oct 19, 2009 6:33pm Oct 19, 2009 6:33pm
+10
Attached Image (click to enlarge)
Click to Enlarge Name: scalp pic1.gif Size: 63 KB
  • #486
  • Oct 20, 2009 12:31pm Oct 20, 2009 12:31pm
Quoting trendman
Good man, always patience, 21 pips is 21pips,don't over trade
Trendman.. What do u do during this time right now. The 5M MACD has been going down, the 1M MACD has been going up. Do u sit and wait till the match?
  • #487
  • Oct 20, 2009 1:14pm Oct 20, 2009 1:14pm
Quoting erbguy
Trendman.. What do u do during this time right now. The 5M MACD has been going down, the 1M MACD has been going up. Do u sit and wait till the match?
You have to wait,the trade should be flat now, as 5 min price very close to pivots and 57 sma,wait for 5 min chart improvement
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  • #488
  • Oct 21, 2009 5:47am Oct 21, 2009 5:47am
point to follow 1.4945
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  • #489
  • Oct 21, 2009 8:08am Oct 21, 2009 8:08am
Quoting trendman
point to follow 1.4945
Today open TrendMan ?

Luk
  • #490
  • Oct 21, 2009 8:15am Oct 21, 2009 8:15am
Quoting PipsRider
Today open TrendMan ?

Luk
today open is 1.4937
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  • #491
  • Oct 21, 2009 8:33am Oct 21, 2009 8:33am
Quoting trendman
today open is 1.4937
Ok so what is 4945 you talk about ?
  • #492
  • Oct 21, 2009 8:45am Oct 21, 2009 8:45am
Quoting trendman
today open is 1.4937
would it be risky to enter this way?
  • #493
  • Oct 21, 2009 8:49am Oct 21, 2009 8:49am
can't wait for the 62 to go above 57 at the 5M chart
  • #494
  • Oct 21, 2009 9:54am Oct 21, 2009 9:54am
Hi guys.. here's one that shows that it pays to watch your charts and the Price Action because not all entries will be "mechanical".

Notice I entered on the 1m when 10ma crossed thru the upper 30ma to agree w/ 5m trend and macd. Now the 1m macd was not in agreement, however the price action and momentum said "pull the trigger".

Paying attention to this PA banked me 20 pips on 1 trade. Trendman was right when he said that you need to learn the "flow" of the system. I know this wont always work.. however every trade you take will not always work... just take the next one.

Hope this helps somebody.

revrobwimb
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  • #495
  • Oct 21, 2009 10:03am Oct 21, 2009 10:03am
Quoting revrobwimb
Hi guys.. here's one that shows that it pays to watch your charts and the Price Action because not all entries will be "mechanical".

Notice I entered on the 1m when 10ma crossed thru the upper 30ma to agree w/ 5m trend and macd. Now the 1m macd was not in agreement, however the price action and momentum said "pull the trigger".

Paying attention to this PA banked me 20 pips on 1 trade. Trendman was right when he said that you need to learn the "flow" of the system. I know this wont always work.. however every trade you take will not...
Nice trade and thanks for your input revrobwimb !

Luk
  • #496
  • Oct 21, 2009 10:11am Oct 21, 2009 10:11am
sorry guys ,haven't been involved much lately as I was busy doing my own stuff.
Things are up but risky,I'm seeing some of you making good pips.
The system worked very well so far for today.
1 min macd shows divergence so I'm only following the price action,this new jump was a false jump and Macd proved that coming back to 1.4945 was a level on 5 min chart and when we broke that the price jumped 60 pips and luckly I had a pending buy placed and took 50 pips.
So far so good.
Any questions please shoot.
Thanks
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  • #497
  • Oct 21, 2009 10:35am Oct 21, 2009 10:35am
Quoting trendman
1 min macd shows divergence so I'm only following the price action,this new jump was a false jump and Macd proved that coming back to 1.4945 was a level on 5 min chart and when we broke that the price jumped 60 pips and luckly I had a pending buy placed and took 50 pips.
So far so good.
Any questions please shoot.
Thanks
Would love to see the chart for that 50 pipper!

Nice,
revrobwimb
  • #498
  • Oct 21, 2009 10:42am Oct 21, 2009 10:42am
Quoting revrobwimb
Hi guys.. here's one that shows that it pays to watch your charts and the Price Action because not all entries will be "mechanical".

Notice I entered on the 1m when 10ma crossed thru the upper 30ma to agree w/ 5m trend and macd. Now the 1m macd was not in agreement, however the price action and momentum said "pull the trigger".

Paying attention to this PA banked me 20 pips on 1 trade. Trendman was right when he said that you need to learn the "flow" of the system. I know this wont always work.. however every trade you take will not always...
nice one revrobwimb! I entered the same trade too. Me not as good as u. looks like the wait is well worth.

just had another trade 2 min ago.

thanks
Cap
  • #499
  • Oct 22, 2009 12:46am Oct 22, 2009 12:46am
Hello revorb

On 5 mins macd was not up (was about to move up) and trix was down. Did it now scare you to enter this trade?
  • #500
  • Oct 22, 2009 6:01am Oct 22, 2009 6:01am
a move is coming
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