my bad, i thought it was "price tag", didnt realise its a trap after price
- | Membership Revoked | Joined May 2011 | 2,976 Posts
Gentlemen always play by the rules. If they can't, they change the rules.
How is a Bull trap formed? 3 replies
EUR/USD Scalp 1 min 886 replies
Helper EAs for Semi-auto trading and Manual trap setting 0 replies
15 min indicator on 5 min chart 3 replies
DislikedTrap 5: Profit lock for +18 pips (very strong resistance area), so i decided to go out.Ignored
DislikedHi PH - Good to see you hammering away at those price traps!
I have a couple of questions about your trading...
1. Do you filter your trades based on the general trend or an MA?
2. Are you trading right through the European session, maybe also the US session? Any thoughts on the best times to trade? Do you think Raz's three hour slot is still the best?
3. Have you been keeping any stats on how the trades are working out? If not, do you have a rough idea?
4. Do you stick to Raz's trade management (i.e. take profit twice the stop +...Ignored
Disliked1. I don't (Maybe I should). But we do it yesterday on skype and i must say it was a good thing...
2. I don't care about the hours, just trade UK and US and lunch in the middle. Stop about 6PM GMT.
3. I only consider to do this thing reasonably a few days,so... I,ve been posting results of that. ( I only trade this at a week and a half )
4. Sometimes i personalize it with BE's when we are about 70% of the winning way.
5. Look only at some few trendlines at the 15 minutes. (maybe a should use those lines too)
Anyway, I just do it...Ignored
DislikedNot the best day for the system, so far I entered only one trade (showed it in the post #649) and got +30 pips. That's good, but not great!
Was anybody more lucky than I was?
Fortunately I scalped Euro all morning long with another system.
Is it a wishful thinking or the trap is forming right now?Ignored
Dislikedwhat scalping method are you using ?
i aint very good at scalping the eu.... not my thing .
i can scalp gold very well.
it would be good to know your method and if its reliable...Ignored
DislikedJust want to leave a message here, i quit the skype group couldn't handle the new guys each day asking the same question over and over again, when all answers are in the first post... the conversation was more of a alert ''raz '' system than trying to learn by ourself thing...
however system is ''ok'' the main problem IMHO is not caring about higher tfs
exemple : [14/10/2011 08:1X:XX] HISNAME : Mini-trap at 66-68, I move sl to 69
Fred MercierIgnored
DislikedHi Raz,
Very nice system!
I was working with almost the same system only on m5, but i must say the m1 trap looks very promising! I had 3 winners and 1 loser today!
Here is my latest trade
Enter:1.3747
TP: 1.3780
SL: 1.3731Ignored