Scalper challenge

Theres one.

Couple of more

Weather is super nice so ill go for a little walk. Ill take some pictures from up on that hill. Think ill bring my coffee there and drink it.

Chart for afternoon coming right up.

And there the pics from my coffee break up on the hill.

Really great nature!


EURUSD
I enter short @ 1.4292 (M15 bar has reached the EMA200 just now)

...and will hedge this position if the market price will go over SMA200 (upper line).

follow-up

EURUSD M15: Market price is moving between EMA200 & SMA200

M5 is forming a neg. CCI (14) divergence.

Switch at M1 and look for a higher entry possibilities.

Interesting, i take it thats one you will hold unto for a while. Interesting to see if it breaks above 1.422 area tonight, i very much doubt it. Now im done for today.

follow-up

EURUSD, M1

follow-up

EURUS, M1


Profit: + 3 pips & + 5 pips

EMA200/SMA200
EURUSD, M15, 2011 April 05
EURUSD, H4, 2011 April 05

Support and now Resistance?

It's important for my actual swing and scalping behavior what the market price will give any signs here for some of my further investments.

..and I have make a multiple time frame analyse, looking at M30, H1, H4 and Daily.

Market is running further on in a H4 range 1.4050 - 1.4250

End
of this scalping trade example.

I wish you success and happiness!

FXcube

Yeap that 1.422 still seems very interesting to some people so ill guess we have to take some of their money while their fooling around.

Well at least without indies i got over my extreme bias of shorting. Nevermind about that RSI in the bottom, i didnt look at it, it was just for earlier when i was looking at it.

Banana and Keiser

8:41 London time: MAN some big stuff is going down today, info in picture. Commodities SKYROCKETING, EURO going way up pretty fast but not deadly superfast.

12:06 Ive been requote three times today, not nice

16:01 London time. Make that four requotes and two losses of internet altogether, once while i still had a position open, but i managed to close that one in profit. Its shit like that makes my trading suffer, i shorted twice at perfectly good opurtunities to go long.

Near term daily and 6 months ahead superimposing

This is totally boring.

Its not even ranging, its just... dead.

Friggin ecofin meeting crap



Anyway good news: Couting since i dropped indies im in profit. Think ill double lot size next week, ill go slow just like i did when i traded envelopes.

Entry on exit out of MA 9 is not to be taken the candle after entry through it Ive screwed that up enough times to know this.

Its pretty cool to do entries when price comes out of MA 9 with the slower ones in the back of it. SL around 4+ spread in lower volatility, around 6-10 maybe for higher.

Maybe think about deciding a favourable direction to trade in the morning and sticking to that if things dont change radically during the day.

Stare at higher highs and lower lows like a friggin hawk: If lows are coming lower then highs are coming higher and if highs are coming higher then lows are coming lower, as a general rule that needs good reason to be broken. Only a good bit on uninformed money or forced predetermined dealer price can normally go up against that.

Also 1.43 area to 1.4248 area is LOADED with orders going everywhich way. London Dudes are staring at this like HAWKS. The top of this doesnt actually end until 1.4349 resistance. Remember to them this is the top of a hill with a steelplated roof at 1.4349 and a floor at around 1.4248 for now at least, that can change in 4 minutes.

Removing support @ 1.4267
Removing support @ 1.4263
Those might come back any second but for now its just to cluttered to keep and and as per 14:30 and there about London time, noone seems interested in them, at least not for now.


EDIT: Damnit i just realised what i have to do, i have to remove the envelopes to keep myself from trading them. Damnit its like saying goodbye to an old friend.


Here is the hwole thing if anyone wants to screw around with it. I have posted indies earlier.

That really hurts

I analyzed the slow MAs away and took back about 30% of opurtunities that they removed.

So for this edition i think all i need to thin about is Rejection of all MAs, and that they preferably should be lined up from thickest in the back to the middle one (MA 21 expo) to the thinnest one furthest outwards and price locked outside of them. MA 21 is both middle of momentum oscilation AND main moving S/R.

Also i should not forget

DONT try to trade through the MAs, if that would work i would not need them, they are there to show the momentum, dont go up AGAINST the momentum of orders, thats just plain dumb.

One other thing i shouldnt forget

Dont let the long term H1 & D1 influence how i trade, they are only as a measure to see what happend in the past, not as a measure of which way momentum will cary. Momentum of orders i determine at M1 and M1 ALONE.

When i think about the possibilities for not entering with indies, things become staggering.

I am certain i will improve further, even surpass this as in the example. The key seems not to be that the market needs to be in a certain way, but that i need to be in a certain way: Calm, relaxed, collected, well rested, not stressed, not focused on goals, not focused on the long term statistical picture (D1 & H1), not focused on the political and economical stuff going on, so all in all, at peace. When that happens i can trade at low risk high frequency, 80-100% accuracy.

What a boring monday, price still havent touched Envelope p21 0.1 dev and we are soon hitting lunchtime! Thats highly unusual. Though ive made a bit of trades, chart coming up. NY will probably pick things up a bit.

15:37 London time, in fact it STILL havent touched the envelope, so this is almost an unprecedented day.

I saw Silver was touching 42 also earlier so thats shooting like a rocket, oil got down about a dollar so we are at around 125. Gold still above 1440-1450 area so there will probably be a bit of upmoves this week, we might get above 1500 for instance.

A truly Horrible day to trade, NOTHING happend ALL friggin day! What the hell is going on, or should i say not going on? Well heres today.

The market seems to be in a consolidating phase. Little ups and little downs. No clear trend. Good time for reading books, to analyse the market and set some medium & long term pending orders.

The ready market will come to you sooner or later!

Real money will come to you!

No doubt!