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Trendman scalping system

  • #681
  • Nov 3, 2009 8:22am Nov 3, 2009 8:22am
watch 1.4644 and 1.4611
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  • #682
  • Nov 3, 2009 10:04am Nov 3, 2009 10:04am
careful with your trades as OBV is mixed,if price goes bakc in 1.4666 ,we look for shorts as long options will be risky to take
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  • #683
  • Nov 3, 2009 1:25pm Nov 3, 2009 1:25pm
Trendman did you take the 13:33 est. long? Just checking to see if I'm on the right page with this format yet. That was the last trade according to my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-11-03_14-24.jpg Size: 88 KB
  • #684
  • Nov 3, 2009 1:31pm Nov 3, 2009 1:31pm
Trendman, any way you can send the files on p1 in a different format? I know your trading, if possible do it at your leisure.
Attached Image (click to enlarge)
Click to Enlarge Name: files.jpg Size: 26 KB
  • #685
  • Nov 3, 2009 1:38pm Nov 3, 2009 1:38pm
Quoting dforant1
Trendman did you take the 13:33 est. long? Just checking to see if I'm on the right page with this format yet. That was the last trade according to my chart.
yes I did get into that rise but I only stayed in for 15 pips as I've reached my daily target at that trading time.It was a perfect setup, 5 min macd insisted staying positive and went up strongly along with OBV rise.
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  • #686
  • Nov 3, 2009 1:44pm Nov 3, 2009 1:44pm
Hi Trendman,

You seems to be a nice man, I'm in...I like to follow you...

I wish you success!

Take care
Holding my candle high up, my mentor lit it up once!!
  • #687
  • Nov 3, 2009 2:08pm Nov 3, 2009 2:08pm
Trendman so far so good. last trade was this short although the 1min and 5min MACD were divergent was it the correct trade. I took my automatic 10 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: short 1.jpg Size: 74 KB
Click to Enlarge Name: 5 min cht.jpg Size: 82 KB
  • #688
  • Nov 3, 2009 2:08pm Nov 3, 2009 2:08pm
Quoting dreamfx
Hi Trendman,

You seems to be a nice man, I'm in...I like to follow you...

I wish you success!

Take care
Thank you,I'm always here
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  • #689
  • Nov 3, 2009 2:12pm Nov 3, 2009 2:12pm
Guys

The pairs has gone up but if anyone realised OBV has not shown any progress whatsoever which really makes me nervous.
On 5 min chart the upward trendline just broken,watch the points 1.4696 and 1.4666,these 2 points are very important
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  • #690
  • Nov 3, 2009 2:40pm Nov 3, 2009 2:40pm
How far up or down do you allow if MACD doesn't cooperate early in the break out? If the pair doesn't pull back.
Attached Image (click to enlarge)
Click to Enlarge Name: How far.jpg Size: 76 KB
  • #691
  • Nov 3, 2009 2:47pm Nov 3, 2009 2:47pm
didn't get caught in this one because MACD lagged price jump. Never got in. Please critique any chart if necessary.
Attached Image (click to enlarge)
Click to Enlarge Name: didn't get caught.jpg Size: 97 KB
  • #692
  • Nov 3, 2009 2:47pm Nov 3, 2009 2:47pm
Quoting dforant1
How far up or down do you allow if MACD doesn't cooperate early in the break out? If the pair doesn't pull back.
My friend ,I don't stay in the trend that isn't my trading strategy,the highest pip I take from a good trading is maybe !!! 20 pips, I usually wait for 10 or 15 pips,if I'm very confident about otherwise grab the pips whatever I can get,sometimes 5-7 pips.
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  • #693
  • Nov 3, 2009 2:52pm Nov 3, 2009 2:52pm
Quoting dforant1
didn't get caught in this one because MACD lagged price jump. Never got in. Please critique any chart if necessary.

what time is this chart,UK time ,please, because 15.31 uk time ,I can't see that movement, could you attach a bigger chart ,please
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  • #694
  • Nov 3, 2009 2:52pm Nov 3, 2009 2:52pm
I meant before buying in how far do you let a pair run up or down from 10ema crossover if say MACD lags behind. Especially if there is no pullback.
  • #695
  • Nov 3, 2009 2:55pm Nov 3, 2009 2:55pm
what time is this chart,UK time ,please, because 15.31 uk time ,I can't see that movement, could you attach a bigger chart

EST time.
  • #696
  • Nov 3, 2009 3:07pm Nov 3, 2009 3:07pm
Quoting dforant1
I meant before buying in how far do you let a pair run up or down from 10ema crossover if say MACD lags behind. Especially if there is no pullback.
5 pips
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  • #697
  • Nov 3, 2009 3:12pm Nov 3, 2009 3:12pm
Quoting dforant1
what time is this chart,UK time ,please, because 15.31 uk time ,I can't see that movement, could you attach a bigger chart

EST time.
I'm sorry but struggling to find the trading position on my chart,I'm looking at the right time zone but looks like my chart shows totally different than yours,I couldn't understand
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  • #698
  • Nov 3, 2009 3:43pm Nov 3, 2009 3:43pm
my question was answered with 5 pips. Thanks.
  • #699
  • Nov 3, 2009 4:05pm Nov 3, 2009 4:05pm
Trying to learn the scalping method by trendman, but need some help.

Would this be a good entry on the chart attached
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 106 KB
  • #700
  • Nov 3, 2009 4:37pm Nov 3, 2009 4:37pm
Quoting lehmann
Trying to learn the scalping method by trendman, but need some help.

Would this be a good entry on the chart attached
That is a perfect entry,as you see on your chart 10 ema had a 1st attempt and came down and had an another 2nd attempt ,that is where you need to jump in.I just noticed, your macd ,something wrong with it because at the buy section my macd shows positive but yours negative,something is wrong with your macd
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