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  • #440,941
  • May 12, 2011 10:22am May 12, 2011 10:22am
Quoting Dortmunder
May I ask for a short comment by you experts ? I made lots of red pips today by scalping.

In other words I could have offered a signal service today, everytime today when I went long, that could have been the short signal for you and vice versa and I dare say .. it would have been profitabel for you as it was unfortunately not for me

Ok .. my question would you describe the trading session today as problematic, difficult - above all the last 3 hours - or do you think quite a normal trading day as every day ?
Normal day ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #440,942
  • May 12, 2011 10:23am May 12, 2011 10:23am
Quoting Dortmunder
May I ask for a short comment by you experts ? I made lots of red pips today by scalping.

In other words I could have offered a signal service today, everytime today when I went long, that could have been the short signal for you and vice versa and I dare say .. it would have been profitabel for you as it was unfortunately not for me

Ok .. my question would you describe the trading session today as problematic, difficult - above all the last 3 hours - or do you think quite a normal trading day as every day ?
personally today was a good day if you followed crossover and simply traded highs and lows. i was expecting (still am) a big breakout so initially i lost, then just made it back with a few scalps.

in short: every day is different. adapt or die.
The dreamers are the saviors of the world.
  • #440,943
  • May 12, 2011 10:23am May 12, 2011 10:23am
s 4222
those who can, do. those who cant, talk about those who can
  • #440,944
  • May 12, 2011 10:23am May 12, 2011 10:23am
Quoting PayTheLimit
thats a very important indicator, its important to know when the bar closes, so you can estimate how many cocktails to drink per hour, or min, or whatever your time frame is...
haha indeed

man when ill come across to chicago we'll have some drinks together !
Hero calls followed by margin calls...
  • #440,945
  • May 12, 2011 10:24am May 12, 2011 10:24am
Quoting gatorinla
s 4222
another pending at 4328
those who can, do. those who cant, talk about those who can
  • #440,946
  • May 12, 2011 10:26am May 12, 2011 10:26am
4235 now. shake or fake
Hero calls followed by margin calls...
  • #440,947
  • May 12, 2011 10:26am May 12, 2011 10:26am
Quoting ferndog
Heading towards 1.4230
Target hit
  • #440,948
  • May 12, 2011 10:27am May 12, 2011 10:27am
Quoting Gleneagles
I am at a crucial point of my trading career right now with some very tough decisions I have to make.

1) Do I stop now and have a long cocktail?
2) Do I stop now and have a long cocktail later?
i just got off the phone and remote control of a friends computer ... today seems not to be a good day for trading. too many distractions. but my vote would be for #1

ah, just seen your trades posted for the day. yep time for the cocktail and great job
  • #440,949
  • May 12, 2011 10:27am May 12, 2011 10:27am
m30 close, then hourly n big ben town

lets c
Hero calls followed by margin calls...
  • #440,950
  • May 12, 2011 10:28am May 12, 2011 10:28am
Quoting PhAnTi'
haha indeed

man when ill come across to chicago we'll have some drinks together !
Yes ... drinking then clockwise ... and you can't get out of step anymore ... if you are with the b-clock indicator in pocket ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #440,951
  • May 12, 2011 10:28am May 12, 2011 10:28am
Quoting Dortmunder
May I ask for a short comment by you experts ? I made lots of red pips today by scalping.

In other words I could have offered a signal service today, everytime today when I went long, that could have been the short signal for you and vice versa and I dare say .. it would have been profitabel for you as it was unfortunately not for me

Ok .. my question would you describe the trading session today as problematic, difficult - above all the last 3 hours - or do you think quite a normal trading day as every day ?
No insult meant but as long as you are asking if this was a "normal" day (whatever that is in forex) you are possibly not ready for scalping yet (which is kinda tough). Generally for noobs it is more appropriate to take trades of higher tfs. James16 for example requests his followers to trade profitable off the daily and 4h for six months before trading lower tfs.

Oh, and yes, it was a normal day.
  • #440,952
  • May 12, 2011 10:29am May 12, 2011 10:29am
..goodluck, bbl
Look Sharp/Trade Tight
  • #440,953
  • May 12, 2011 10:33am May 12, 2011 10:33am
Quoting PhAnTi'
4235 now. shake or fake
i add if h closes below 4232
those who can, do. those who cant, talk about those who can
  • #440,954
  • May 12, 2011 10:35am May 12, 2011 10:35am
Quoting AnonYmos
No insult meant but as long as you are asking if this was a "normal" day (whatever that is in forex) you are possibly not ready for scalping yet (which is kinda tough). Generally for noobs it is more appropriate to take trades of higher tfs. James16 for example requests his followers to trade profitable off the daily and 4h for six months before trading lower tfs.

Oh, and yes, it was a normal day.
Very good advice ... I must say ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #440,955
  • May 12, 2011 10:36am May 12, 2011 10:36am
Quoting Dortmunder
May I ask for a short comment by you experts ? I made lots of red pips today by scalping.

In other words I could have offered a signal service today, everytime today when I went long, that could have been the short signal for you and vice versa and I dare say .. it would have been profitabel for you as it was unfortunately not for me

Ok .. my question would you describe the trading session today as problematic, difficult - above all the last 3 hours - or do you think quite a normal trading day as every day ?
there were a lot of good n easy entry setups on the lower timeframes for scalps today.... hard to say but if you couldnt earn some pips today you wont to do so in the future. if scalping isnt ur habit at all switch to the hourly,h4 and daily timeframe and trade the most certain major S+R levels.
as i said earlier you -just- need 500-700 pips a month to earn a huge amount of cash.

below some possibilities to enter some trades today... i know that it's pretty easy to say where to enter and where to exit after a session.... but buying the lows of a range and selling the highs of range shouldnt be that complicated.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 37 KB



A - low of the day. no trade here (cause we couldnt know that this will be the low of the day ofc. ,damn low of the day is a cruel term,cause this would be the holy grail,lol^^ )
B - price dropped again to the low....there i went long and set my stop below the previous low.
C - higher low
D - higher low got tested about 5 times. bought with stop below the low of B.
E - price break through the previous supply level and made a new high.
F - Price tested previous R again, R turned S + higher low = buy
G - was a pretty cool short setup because price reacted to the previous R,where the 4x m5 candles couldnt cross this certain level.

also check Reds charts, HL, HH,HL,HH = pressure to the upside. more likely to buy than sell. stops below previous lows/daily low.

note: thats for scalping.

above : MY HENCE OPINION.

hope this helps.

Jonas-.
Hero calls followed by margin calls...
  • #440,956
  • May 12, 2011 10:37am May 12, 2011 10:37am
blahblahblah.....
Attached Image (click to enlarge)
Click to Enlarge Name: temp.jpg Size: 79 KB
  • #440,957
  • May 12, 2011 10:37am May 12, 2011 10:37am
Quoting mercy seat
Yes ... drinking then clockwise ... and you can't get out of step anymore ... if you are with the b-clock indicator in pocket ...
Hero calls followed by margin calls...
  • #440,958
  • May 12, 2011 10:38am May 12, 2011 10:38am
Quoting gatorinla
i add if h closes below 4232
yep,otherwise pending 4287.
Hero calls followed by margin calls...
  • #440,959
  • May 12, 2011 10:38am May 12, 2011 10:38am
Quoting redsword11
Attachment


flawless

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 72 KB
  • #440,960
  • May 12, 2011 10:38am May 12, 2011 10:38am
Quoting PhAnTi'
hope this helps.

Jonas-.
nice post
Don't have an ego. Always question yourself and your ability.
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