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Attachments: VolcanoWMA Scalping
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VolcanoWMA Scalping

  • #121
  • Nov 25, 2010 10:20am Nov 25, 2010 10:20am
Hey sorry I didn't realize you were using the 1 minute timeframe for your signal and then going to the 5 / 10 second charts for your entries. Makes sense

And I never got a private message from you? I just read your thread again thinking you posted if you trade for a living or not lol? It doesn't really matter it's just really motivational knowing someone trades for a living because so many people say it's impossible
  • #122
  • Nov 25, 2010 11:00am Nov 25, 2010 11:00am
yeah it doesn't really matter but who doesn't try to make it possible ?


some more pips on EJ there... the price doesn't want go up so i exited:

http://img32.imageshack.us/img32/713...0metatrade.png

http://img203.imageshack.us/img203/3...y10secs.th.png
if you win you can share if you loose you can try to sell your shit.
  • #123
  • Nov 25, 2010 11:25am Nov 25, 2010 11:25am
Quoting kikoolol
yeah it doesn't really matter but who doesn't try to make it possible ?


some more pips on EJ there... the price doesn't want go up so i exited:

http://img32.imageshack.us/img32/713...0metatrade.png

http://img203.imageshack.us/img203/3...y10secs.th.png
if u want play demo you can do it
  • #124
  • Nov 25, 2010 11:28am Nov 25, 2010 11:28am
i don't get you i trade in live man...
if you win you can share if you loose you can try to sell your shit.
  • #125
  • Nov 25, 2010 12:26pm Nov 25, 2010 12:26pm
Quoting kikoolol
i don't get you i trade in live man...
If your talking to me all I was asking if you trade for a living? Like it's your job
  • #126
  • Nov 25, 2010 12:39pm Nov 25, 2010 12:39pm
You never said how big of a stop loss you lose? What do you usually use as a stop loss? And do you let your trade run until it starts looking weak or do you generally have a TP point?
  • #127
  • Nov 25, 2010 12:40pm Nov 25, 2010 12:40pm
Here are my trades for today. Thick Green is 5_Mins direction. Thin green line is buy. The blue rectangles are POSSIBLE exits.

HAPPY THANKS GIVING TO ALL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: volcanawa_01.gif Size: 44 KB
Click to Enlarge Name: volcanawa_02.gif Size: 39 KB
Click to Enlarge Name: volcanawa_03.gif Size: 39 KB
  • #128
  • Nov 25, 2010 1:13pm Nov 25, 2010 1:13pm
i don't know how you managed stop loss but it was a very choppy zone not easy to trade it.

see attachment:

-red circle good entry zone
-blue circle very bad entry zone red and green ma's streched and even more streched than yellow ma's...

@beehivesjoe
you have to read the thread again all answers are already there.
Attached Image (click to enlarge)
Click to Enlarge Name: volcanawa_01.gif Size: 44 KB
if you win you can share if you loose you can try to sell your shit.
  • #129
  • Nov 25, 2010 1:25pm Nov 25, 2010 1:25pm
Yes that particular trade should not have been taken because the candle did not retrace or close below red MA's. However, I took it anyway to show that even with a stop loss of 10pips the system is still solid.

You notice that the area with a blue rectangle is a good area for a stop loss...!!!
  • #130
  • Nov 25, 2010 1:31pm Nov 25, 2010 1:31pm
hehe nice to hear that ! and yes the blue zone is nice but for TP ;-)

i think you do not use the last version of my indicator look at the difference between your arrows and mine, the arrow in the blue circle doesn't appear with the last version:
Attached Image (click to enlarge)
Click to Enlarge Name: Capture-2307490: MetaTrader - Alpari UK - Compte Démo - [EURJPY,M1]-3.png Size: 51 KB
if you win you can share if you loose you can try to sell your shit.
  • #131
  • Nov 25, 2010 2:28pm Nov 25, 2010 2:28pm
OK, I will try to update that. What do you use for signal generation?
  • #132
  • Nov 25, 2010 2:49pm Nov 25, 2010 2:49pm
Quoting maxwell-eqtn
OK, I will try to update that. What do you use for signal generation?
http://www.forexfactory.com/showpost...3&postcount=48
if you win you can share if you loose you can try to sell your shit.
  • #133
  • Nov 26, 2010 2:28am Nov 26, 2010 2:28am
Hello Kikoolol,
You system looks like not mind crushing and interesting. Could you describe attention (danger) zone for it (like S/R).
  • #134
  • Nov 26, 2010 4:55am Nov 26, 2010 4:55am
Quoting dzhini
Hello Kikoolol,
You system looks like not mind crushing and interesting. Could you describe attention (danger) zone for it (like S/R).
hi,

regarding danger zone, it's all about screentime and see how the price react it's a 100% price action strategy.

for supports/resistances i have nothing new to highlight except what everybody already know.

as i said in my first post "you have to know what you do", i mean you need basic knowledges and some experience.
if you win you can share if you loose you can try to sell your shit.
  • #135
  • Nov 26, 2010 5:03am Nov 26, 2010 5:03am
i just opened my chart and scalped EJ after some seconds

http://img130.imageshack.us/img130/7...0metatrade.png

http://img839.imageshack.us/img839/7...10secs1.th.png

as you can see i give a try to GMMA oscillator to confirm the signal as i mentionned in the rohule's thread: http://www.forexfactory.com/showthread.php?t=267184
if you win you can share if you loose you can try to sell your shit.
  • #136
  • Nov 26, 2010 8:19am Nov 26, 2010 8:19am
Can you post the guppy oscillator that you use...

Thank's

Rebel
  • #137
  • Nov 26, 2010 8:40am Nov 26, 2010 8:40am
Quoting rebelheart
Can you post the guppy oscillator that you use...

Thank's

Rebel
here for the explanations: http://www.forexfactory.com/showpost...7&postcount=37

and here for the indicator: http://cdn.forexfactory.com/attachme...2&d=1290733457
if you win you can share if you loose you can try to sell your shit.
  • #138
  • Nov 26, 2010 9:21am Nov 26, 2010 9:21am
yes ! today sucks... it's ranging and very dangerous (extrem high volatility on short TF) and i got stopped 2 times on EJ :

http://img832.imageshack.us/img832/7...0metatrade.png

red lines are sell order + SL
blue line are long order + SL

the first loss is really stupid and i deserve it, i had to move the SL below the sell order...

my SL setup remain very good but i give up for the day, let's see monday starting a new week and trading only VolcanoWMA ;-)
if you win you can share if you loose you can try to sell your shit.
  • #139
  • Nov 26, 2010 3:46pm Nov 26, 2010 3:46pm
New indicator uploaded in the first post.

less fake arrows...
if you win you can share if you loose you can try to sell your shit.
  • #140
  • Nov 26, 2010 4:39pm Nov 26, 2010 4:39pm
Thanks a lot! What are the parameters of it now?
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