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Trendman scalping system

  • #541
  • Oct 26, 2009 7:36am Oct 26, 2009 7:36am
Quoting traco1
Your TP is to high, look for 5 to 6 pips
yup! that's right! what a lonely day...lol
  • #542
  • Oct 26, 2009 7:44am Oct 26, 2009 7:44am
I do hate mondays, really it's just so boring ,high risk.
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  • #543
  • Oct 26, 2009 7:47am Oct 26, 2009 7:47am
Whats the indi for that ?
Look at something long enough, you will eventually get it.
  • #544
  • Oct 26, 2009 7:48am Oct 26, 2009 7:48am
Quoting LT man
I am watching this chanel.
indi ?
Look at something long enough, you will eventually get it.
  • #545
  • Oct 26, 2009 7:48am Oct 26, 2009 7:48am
Quoting trendman
I do hate mondays, really it's just so boring ,high risk.
i guess that's the ups and downs of a trader. i believe some things are worth waiting. its not the amount of pips, its how much the pips worth. lol.
  • #546
  • Oct 26, 2009 7:51am Oct 26, 2009 7:51am
Quoting capcity
i guess that's the ups and downs of a trader. i believe some things are worth waiting. its not the amount of pips, its how much the pips worth. lol.
very well said, I just wanted to share my fustration..))
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  • #547
  • Oct 26, 2009 7:53am Oct 26, 2009 7:53am
if we go back to 1.5027 area with strong volume ,OBV follows, looking for long options
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  • #548
  • Oct 26, 2009 8:21am Oct 26, 2009 8:21am
I simply draw trend lines.

if you are watching another indi it's i-regr. search it.
  • #549
  • Oct 26, 2009 8:24am Oct 26, 2009 8:24am
thanks
Look at something long enough, you will eventually get it.
  • #550
  • Oct 26, 2009 8:27am Oct 26, 2009 8:27am
one question to Trendman

if you are loking for 10 pips per one trade. It's mean 2 spred+2 spred + 6 profit = total 10 pips? or you are looking 10 pips profit, total 14 pips?

thanks for answer
  • #551
  • Oct 26, 2009 8:30am Oct 26, 2009 8:30am
Quoting LT man
one question to Trendman

if you are loking for 10 pips per one trade. It's mean 2 spred+2 spred + 6 profit = total 10 pips? or you are looking 10 pips profit, total 14 pips?

thanks for answer
10 pips profit,if position is good ,like the way the PA moves than I might wait abit longer upto 15-20 pips.
This depends also where I'm with my daily target, my daily target is 50 pips ,so far today ,no pips at all.
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  • #552
  • Oct 26, 2009 8:36am Oct 26, 2009 8:36am
Thanks for answer
  • #553
  • Oct 26, 2009 8:39am Oct 26, 2009 8:39am
I appreciate your contribution here. It's already made me more profitable than my older system that did work but it took lots of work also.

With that said if you just used 10/30 ema and no indicators added and a 5 minute chart you would have been gone by now.
  • #554
  • Oct 26, 2009 8:45am Oct 26, 2009 8:45am
Quoting trendman
10 pips profit,if position is good ,like the way the PA moves than I might wait abit longer upto 15-20 pips.
This depends also where I'm with my daily target, my daily target is 50 pips ,so far today ,no pips at all.
let's hope for PA at 1.5016. just now almost...lol
  • #555
  • Oct 26, 2009 9:37am Oct 26, 2009 9:37am
going strong...
  • #556
  • Oct 26, 2009 9:44am Oct 26, 2009 9:44am
Quoting capcity
going strong...
OBV is good
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  • #557
  • Oct 26, 2009 9:45am Oct 26, 2009 9:45am
but again, on 1 min chart 20 has cut 62ema 1st , be careful
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  • #558
  • Oct 26, 2009 9:54am Oct 26, 2009 9:54am
nice pull back,...cold sweat. wheow! lol
  • #559
  • Oct 26, 2009 9:58am Oct 26, 2009 9:58am
Quoting trendman
but again, on 1 min chart 20 has cut 62ema 1st , be careful
i am out of the trend for awhile. 2 x good trades. waiting for another pull back (if any)
  • #560
  • Oct 27, 2009 3:05am Oct 27, 2009 3:05am
trade which I took.
- broke trendline
- 20 broke at first 57 later 62
- 1 min MACD below 0
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