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Trendman scalping system

  • #561
  • Oct 27, 2009 6:48am Oct 27, 2009 6:48am
hi all,
anyone just got a good trade?
  • #562
  • Oct 27, 2009 7:13am Oct 27, 2009 7:13am
Quoting capcity
hi all,
anyone just got a good trade?
I'm off for today after this latest 50 pips drop ,banked today 65
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  • #563
  • Oct 28, 2009 3:17am Oct 28, 2009 3:17am
capcity

have you jumped into this latest up move, macd worked perfectly giving early signal
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  • #564
  • Oct 28, 2009 5:15am Oct 28, 2009 5:15am
hmm,...which time u refering? i am at +8 GMT time zone.
  • #565
  • Oct 28, 2009 5:16am Oct 28, 2009 5:16am
Quoting capcity
hmm,...which time u refering? i am at +8 GMT time zone.
11.00 am gmt
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  • #566
  • Oct 28, 2009 5:24am Oct 28, 2009 5:24am
Quoting trendman
11.00 am gmt
that means it is 7pm at my side. no, i din get in as 5min 57 is below 62. me waiting for down. how abt u?
  • #567
  • Oct 28, 2009 5:26am Oct 28, 2009 5:26am
Quoting capcity
that means it is 7pm at my side. no, i din get in as 5min 57 is below 62. me waiting for down. how abt u?
I'm doing well, almost reached my daily target, I'm catching these up moves ,like this again latest up move
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  • #568
  • Oct 28, 2009 5:29am Oct 28, 2009 5:29am
Quoting trendman
I'm doing well, almost reached my daily target, I'm catching these up moves ,like this again latest up move
no wonder u can hit 50pips. lol. i am not that risk taking. i still got alot to learn fm u.
  • #569
  • Oct 28, 2009 5:36am Oct 28, 2009 5:36am
Quoting capcity
no wonder u can hit 50pips. lol. i am not that risk taking. i still got alot to learn fm u.

I would highly recommend to you to learn wave counting as well. You got to combine everything and than the systems works perfectly.
Have a look the wave counting, read the thread system with irony on forums
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  • #570
  • Oct 28, 2009 5:47am Oct 28, 2009 5:47am
Quoting trendman
I would highly recommend to you to learn wave counting as well. You got to combine everything and than the systems works perfectly.
Have a look the wave counting, read the thread system with irony on forums
u meant - The System II (Yes with irony) ?
  • #571
  • Oct 28, 2009 5:50am Oct 28, 2009 5:50am
Quoting capcity
u meant - The System II (Yes with irony) ?
yes
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  • #572
  • Oct 28, 2009 5:57am Oct 28, 2009 5:57am
if we see retrace above 1.4920 look for long positions, upto 1.4835 area
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  • #573
  • Oct 28, 2009 6:05am Oct 28, 2009 6:05am
point to follow for the downmove 1.4772
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  • #574
  • Oct 28, 2009 6:16am Oct 28, 2009 6:16am
Quoting trendman
point to follow for the downmove 1.4772
agreed. 5M chart. yeah~
  • #575
  • Oct 28, 2009 6:17am Oct 28, 2009 6:17am
Quoting capcity
agreed. 5M chart. yeah~
yes
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  • #576
  • Oct 28, 2009 8:05am Oct 28, 2009 8:05am
alright,...pulling back. lol. perfect fit.

Trendman, from just now the 11am GMT trade + system with irony, r u telling me that as long we fit all the requirements, in the 5M chart, less the 62 NOT needed to be above 57 but at the trend direction, we can go ahead with the trade.

if that is the case, then we can have more profitable trade.

Cap
  • #577
  • Oct 28, 2009 8:09am Oct 28, 2009 8:09am
Quoting capcity
alright,...pulling back. lol. perfect fit.

Trendman, from just now the 11am GMT trade + system with irony, r u telling me that as long we fit all the requirements, in the 5M chart, less the 62 NOT needed to be above 57 but at the trend direction, we can go ahead with the trade.

if that is the case, then we can have more profitable trade.

Cap
Exactly, right from the beginning I've said 5 min chart is there for the trend direction.
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  • #578
  • Oct 28, 2009 8:15am Oct 28, 2009 8:15am
Quoting trendman
Exactly, right from the beginning I've said 5 min chart is there for the trend direction.
Roger that. Wilco.
  • #579
  • Oct 28, 2009 8:20am Oct 28, 2009 8:20am
Quoting capcity
Roger that. Wilco.
sorry man if my wording was bit abrupt
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  • #580
  • Oct 28, 2009 8:21am Oct 28, 2009 8:21am
Quoting trendman
Exactly, right from the beginning I've said 5 min chart is there for the trend direction.
but i believe in 5M, crossing of the 10ma to 30mas is still impt. agree?
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