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Urban Towers Scalping Strategy

  • #381
  • Mar 29, 2011 7:53am Mar 29, 2011 7:53am
where's carlois ? very good system. simple rules
  • #382
  • Apr 2, 2011 2:32pm Apr 2, 2011 2:32pm
Quoting Carllos
try following 123 rules
1. Breath
2. wide rainbow
3. urban towers

SL - 1 pip below low of last 3 bars
TP - 100% fib retracement, BE after 50% fib
would you please explain your last line about fib retracement ( i am newbie)
  • #383
  • Apr 5, 2011 2:35pm Apr 5, 2011 2:35pm
Simple and effective if you follow the rules... This one I took at 12:45GMT on EU
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  • #384
  • Apr 6, 2011 2:43am Apr 6, 2011 2:43am
trade taken just a minute ago.. +10 pips in a couple of minutes. This will probably be called an 'aggressive trade' as the trend was sideways for about 4 hours and the MAs are banded together. (MAs should fan out a little bit to signal a trend)
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Faith with Action
  • #385
  • Apr 6, 2011 3:17am Apr 6, 2011 3:17am
Another positive trade. will try and hold for another +10 pips.
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Faith with Action
  • #386
  • Apr 7, 2011 1:27am Apr 7, 2011 1:27am
I will lock in 5 pips at-least on this trade
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Faith with Action
  • #387
  • Apr 7, 2011 2:45am Apr 7, 2011 2:45am
Trade not happening. might make some losses here. But never say never.SL set at -10. Will see...
Attached Image (click to enlarge)
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Faith with Action
  • #388
  • Apr 8, 2011 2:35am Apr 8, 2011 2:35am
trades for the day. I missed a trade on eur/usd and eur/jpy at the same time.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusd.gif Size: 30 KB
Faith with Action
  • #389
  • Apr 22, 2011 10:29am Apr 22, 2011 10:29am
Quoting rebelheart
Try this out.. Signal work's on rules set out on first post
Thanks for the indicator. It seems to miss some sigs, create others that don't meet the criteria. It would be very cool to be able to set how many higher lows or lower highs you want prior to the break.

Can this be done? TIA

Pat
  • #390
  • Apr 24, 2011 4:57am Apr 24, 2011 4:57am
Quoting pauly
Hi everyone!

funny to finally find a Trend & pullback based thread here


Navin I know your Youtube vids from the beginning, however I guess this is one of Your best performing systems


heres what im doing:


on M15 only trade E/U ( best spread , good volatility + most traded pair ).
G/U E/J A/U E/G are correlated anyway!!!


im using 3 EMAs 20, 100, 200



only trade the European session (from Frankfurt`s open to London close).


make sure to draw "the big" Trendlines...
Hi Master,

You like watching sports, listening to music and.. probably watch lots of porno as well!

At least you make a nice living trading the strong setups!

These Urban guys dont know much about trading at all. They only try to lure innocent traders to their silly website and try to suck the money out of them!!

Navin is not a trader at all. I asked him once to show some results but he never did. Just producing lots of words to justify why he wouldnt.

Be aware of this guys dear traders!

The idea is not that bad at all though; I agree..
Life is great!!
  • #391
  • Edited 8:54am Apr 26, 2011 8:13am | Edited 8:54am
Remember me from the Trade2Lose Forum Navin?

I should give you another chance perhaps..

Can you show some results from this setup Navin??

Thanks!
Life is great!!
  • #392
  • Apr 27, 2011 10:04pm Apr 27, 2011 10:04pm
Another trade that went my way. And I generally do not trade at this time.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 42 KB
Faith with Action
  • #393
  • May 10, 2011 8:20am May 10, 2011 8:20am
Looks a decent strategy, is anyone still using this successfully?
We're all just one trade away from humility.
  • #394
  • Jun 24, 2011 3:19pm Jun 24, 2011 3:19pm
I am it works fine if you follow the rules and do not jump in too early.
  • #395
  • Mar 22, 2012 3:29am Mar 22, 2012 3:29am
There is a webinar on this strategy in the next hour.
  • #396
  • Jun 20, 2012 4:57am Jun 20, 2012 4:57am
I have been watching my charts since monday and i have not seen any setups. Sometimes i even doze of trying to find one.

Do you guys watch the screen for hours?

Is there a ea or like a trade assistant to alert one?

Please share your views
  • #397
  • Jul 26, 2015 9:07pm Jul 26, 2015 9:07pm
Something interesting to consider possibly making would be a script that would allow you to have the 7 main pairs that Navin describes in his rules that he trades.

Say if your place a market SELL on the following pair (GBPUSD), then it will automatically know that you want to SELL the EURUSD, AUDUSD, NZDUSD and EURJPY then your BUY USDCHF / USDCAD and vice versa.

Imagine having a script that allows you to place all the trades on the 7 pairs at once.

This would allow you to automatically place one trade on one pair without scanning all the charts and placing the trades on each pair one at a time.

I am going to see if I can create such a script this week and share with the group.
  • #398
  • Dec 11, 2016 1:02am Dec 11, 2016 1:02am
Anyone having success with this strategy?
lets revive this thread
  • #399
  • Jan 27, 2017 12:30pm Jan 27, 2017 12:30pm
Account statement anyone?
Cause I wrote an EA and it's not really consistent. May make some money during strong trends but overall results are mostly random.
There's a blogpost with source code:
https://www.mql5.com/en/blogs/post/687314
  • #400
  • Mar 25, 2017 3:32am Mar 25, 2017 3:32am
Quoting andrewtanjk
Anyone having success with this strategy? lets revive this thread

I am wondering about that too
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