VolcanoWMA Scalping

ranging zone tonight, easy to stay out.
damn i really like it !

Thanks for your input for the thread had good success with the first template will download the new and improved template.
Keep up the good work
Regards

Whats your stop and profit target with the new template?

rgds
Peter

regarding the stop-loss same strategy using peaks and troughs concept, the profit is still hard to define the best option is maybe the previous peak when you are long and the previous trough when you are short or pivot point resistance/support.

i've got stopped 2 times, i stop trading for the day.

blue dots are stop-loss and the TP was the first fibo resistance:

i'm back to my screen..., i had 2 losses today i stopped trading and i see i did not miss anything while London afternoon... but it's more stronger than me i took another trade...

just to show you the setup, look at the stop loss area on my oanda chart using min/max graph. my tp is pivot point, let see...

hey i took back some pips

Hey Kik,

I like your new template. I saw something very interesting in it.

i guess you are speaking about the screenshot i uploaded by mistake some minutes ago showing some cents on my account...

don't forget i don't claim that i am rich and very successful at trading, i just try to find a way to become successful, and as you can see i post my losses...

i will not fund my account anymore as long as i'm not consistently profitable with my strategy i don't try to cheat anybody...

Hello kikoolol, quite interesting thread you have here, I hope you'll find the best configuration for your system. I have a question to you, I also use rainbow mmas in my system and I need an alert that indicates mmas breakout. Have you seen anything like that?

hi,

thanx i wish i will too, i will continue to shape my strategy with VOLCANOHighLow for some months and if any good success i will post results here. if no real success then i will continue to search a way to make money scalping the forex

for the mmas breakout alert, it sounds easy to code, maybe if you describe what exactly are your needs i can code it...

if some people have some good results using my strategy do not hesitate to give feedback here

I use rainbow mma 11 and 2 for breakouts, they happen very often, especially on 5m or 1m. Instead of using special indicator for those breakouts i just found their equivalent on ema average and used normal ema crossover indicator. I've just figured it out, what a fool i am I havent discovered it earlier.
Good luck!

HI bones... mind sharing your template

here

Finally, i'm back to a fuckin' day job !

I never been able to win consistently, I always loose my profit, and most of the time cover my losses...

For me Forex has been 2 years of my life and about 500 bucks lost. (but i didn't lose them trading VolcanoWMA strategy )
I was addict spending about 15 hours per day studying technical analysis and price action.

Now i'm not addict anymore and i'm happy to be far from it, 'cause i think that day after days this shit can eat your brain and it always leads you to deceptions.

I really think that finally the market is totally random, I don't say that because i gave up on it but just because this is what i figured out and it is only what i think.

I just post that 'cause i see a lot of good thread deserted and we don't know if finally the poster got rich or not... but i think i now know this answer !

good trading anyway !