Janqie "MadScalper" 1min trading

Good morning everyone,
Whaiting for master market to give some entrys
Lots of pips everyone

Nice start of the day +10
What a beuty!
If you look at fast CCI you clearly see
Peak - above Ema
Pullback - cross to down side
Peak - cross to upside again
Fast cci is like from the book. Histogram was over 100 on entry so trade is strong enough to give
some proofit. Anyway love CCI. Great indi

Lol had these two trades
GU +10
EU +5 only becouse master market played my emotions.
I saw three candles stuck in one level and exited with 5 pips
and then bam! lol its funny how market manipulates your mind sometimes
EU pullback color change is not seen becouse ema coveres it

Ok I've done some calculations about defence and one of the main parts
of human factor in this system.
Will explayne a bit later about that

Thhis is it I end my day
Total proofit +25 pips
could be more and will be more after litle changes in defence and day maanaging.
Will be back soon with explanations

Humanity

Every proofitable trader has to manage three things

1. Knowledge
2. Practice
3. Emotions

I will talk about third and most important. These days you can find tons of information
in internet. You can have any informations about anything including forex. You dont
need to take courses witch costs a lot you can do everything by yourself. Practise also
is not a problem you can download any software witch is mostly free and open demo account
and practice for free.
But trading demo account is the same as drinking bear without alchohol.
Only when you transfear your first money to your account suddenly you feel diferent
and trade diferent.
It is becouse you have to manage your emotions witch is biggest enemy in trading.
It is ironic that not market not system or other people but you are your biggest enemy.
Trading by itself goes against human emotions. It has veary thin line between trading psichology and
gambling psichology. Most comon problem in trading psichology is when people let the loser trades run
and cut the winning
trades of. I've done second scenario today. That means I still have psichological isues.
This psichological problem is from gambling. Its when you are betting on rullete
you win then you winn again then you lose then loose again but you had your stack and
you want it back so you bet and everytime more. You keep loosing thinking get your money back. More you bet more you lose and suddenly
bam. You have rock bottom.
When you let your looser run its the same you think that price will suddenty come over to your entry and bring you proofit.
You could take everything you could after first bets or first loosing one and go away but no.
How to get rid of it when you are gambling? Its simple just dont. Only casino wins in long run
How to get rid of it when trading?
I like to play poker sometimes and there is one psichologican moment witch can help when
trading. When you play poker you have to sit and whait for your best cards or best oportunity
to act. And when you have it you have to act becouse you dont know when same moment will
come again. When we trade everybody has own system with clear entry points.
So when trading you also sit and whait for that entry. And when you have it you have to act.
My problem is to high human factor when trading. Its ok that I'm thinking not how to earn but
how not to lose money. its ok but i skip few good trades a day becouse I'm afraid of
trendlines huge trends or whatever.
Its like in poker you just cant be too tight.
System need to have as high WL as possible and as high RR as possible.
Those two can be done with good clear entrys and good defence.
Since you have those two you can be litle more technical and less emotional.
After you have to trust your trading plan and trade it.
I am going to explayne how to play #D to cut the loosers as soon as possible.
And tomorrow i will try to belive in my trading plan and be abnormal.
I trade three pairs EU GU EJ From 10 to 15 gmt+2. I will try to take every trade I can find and play #D right. Will see how it will be
In next post will explayne techical part of this update
Cheers

#D

Ok here we have Good entry point according all the rules.
We take it and set our stop 1 pip below last swing low.
SL is 8 pips it is ok but after some time it got hit.
That would be ok if we could not reduce it.
http://i48.tinypic.com/2zp5iqr.jpg
Now look at other case.
We have DeMashki indicator witch is used to indicate fast movements
When the trade run this indicator kep going with price without color change
As soon as next pullback ocurs it changes the color.
So in this case trade is weak and it went against entry point and DeMashki
changed its color to oposite.
Trade need to be disabled with proofit or loss after candle closes with diferent
color of this indi.
Later it can be reentered.
In this case we have 1 pip +spread loss instead of 8
That lifts RR a bit higher
http://i46.tinypic.com/1zmi0dv.jpg
There is some cases when price moves so fast chat one candle cruely hit stop.
But most of cases if trade is disabled this way few pips from everytrade can
be saved.

Today's case
I had 3 trades +10 +10 +5
Thats good enough. But as I said I have to high human factor.
From now on 15 pips is tp target
I am not taking trades with SL higher than 13 pips
Disable trade as soon as it gets +15 otherway #D must be played
So if I aply all this material
11 entrys was taken today witch satisfy me and witch is acoording to the trading plan only.
6 trades was completely good and brought 90 pips
No full SL was hit
#D was played 5 times and brought -13
If we do everything right We have 77 pips

Will see about that

Thanks again Janqie. Its clear as crystal!

As you know, I'm a big supporter of your thread but I just can't seem to get the same kind of success. I'll continue to learn from you.

For now, you don't use Fibo and don't look at 5mins chart anymore right?

cheers.

Hello,
thanks for all the info.
I do not understand the #D strategy.
Are you using cci with this strategy?

Thanks

Hello lyrradnat
I know that buddy Dont worry you'l get it.
Sometimes I look to 5min chart to know a bit larger image. But think I will not use fibo anymore it was just for clarification if pullback is not too deep but
now I can do it by eye.
Cheers

Hey Czaray
#D strategy is just element of hole thing. It is defencive strategy to save some proofit and cut the loss.

I'm not tradin today becouse had to leave to other town. Sorry no input today.
Will resume all things next week from monday
Cheers

Look forward to your posts next week!

Hello
Not tradin today again since America has day off today and market is slow.
Hapy holyday america!
See ya tomorow

Could not resist to take this one
Damn I'm pipoholic!
Like from the book +10

And this one
+10

Hi janquie,
Do you trade EJ only, or other pairs as well.

Sasa

Looks like he trade, EJ / EU / GU pairs.

Hello guys,
Whiteeclipse you are absolutely right.
Last one for this day +10
Slow day but still gave something
Total of the day 30 pips