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5 min EU scalping with Outside Bars

  • #21
  • Oct 13, 2011 5:36am Oct 13, 2011 5:36am
Great Journal Lodge. Keep it up.

google
  • #22
  • Oct 16, 2011 11:54pm Oct 16, 2011 11:54pm
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  • #23
  • Oct 16, 2011 11:55pm Oct 16, 2011 11:55pm
Quoting google
Great Journal Lodge. Keep it up.

google
thanks google, I am very pleasured to hear that.
  • #24
  • Oct 17, 2011 12:31am Oct 17, 2011 12:31am
second trade closed with +14 pips
the entry was not the best because of the to pivots over it, but worked out nice

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  • #25
  • Oct 17, 2011 1:42am Oct 17, 2011 1:42am
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  • #26
  • Oct 18, 2011 6:43am Oct 18, 2011 6:43am
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  • #27
  • Oct 19, 2011 9:06am Oct 19, 2011 9:06am
finally got my trade today +14 pips

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  • #28
  • Oct 19, 2011 11:35pm Oct 19, 2011 11:35pm
two beautiful entry before london open, unfortunately to early for me

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  • #29
  • Oct 20, 2011 5:59am Oct 20, 2011 5:59am
no trades today also tomorrow their won't be trades for me because i'm at the world of trading in frankfurt
  • #30
  • Oct 21, 2011 3:17am Oct 21, 2011 3:17am
You just keep going mate and the pips will follow you.

  • #31
  • Oct 21, 2011 3:25am Oct 21, 2011 3:25am
Lodge i must credit you on the simplicity of the method you have.

Although myself i trade supply and demand, and profitably too

I always like to see people using price action to trade, its one of the best ways to trade, I did notice some of your losers were heading straight towards a supply or demand zone, which would be the reason for the loss.

But i see you are up pips wise and thats good, keep it up
  • #32
  • Oct 22, 2011 3:17pm Oct 22, 2011 3:17pm
Quoting deankenny21
Lodge i must credit you on the simplicity of the method you have.

Although myself i trade supply and demand, and profitably too
Thanks deankenny, I´m happy to hear that.

Quoting deankenny21
I did notice some of your losers were heading straight towards a supply or demand zone, which would be the reason for the loss.
This could be definitly be the reason, to be honest i pay not much attention to demand/supply zones and also i´m not very educated about them. So it`s really hard for me to spot them right.

I would be very thankful, if you show me the demand/supply zones that you found and that stopped out my trades.
  • #33
  • Oct 22, 2011 4:17pm Oct 22, 2011 4:17pm
Quoting Lodge
Thanks deankenny, I´m happy to hear that.



This could be definitly be the reason, to be honest i pay not much attention to demand/supply zones and also i´m not very educated about them. So it`s really hard for me to spot them right.

I would be very thankful, if you show me the demand/supply zones that you found and that stopped out my trades.
no problem dude, i took your first chart i could find with a loser, and straight away although it was bullish outside engulfing etc indicating bullish buying, this was coming straight up to a supply zone, example below, u can see how price wicked straight out of thise zone causing market to go back down ad stop you out.
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  • #34
  • Oct 23, 2011 7:15am Oct 23, 2011 7:15am
Quoting deankenny21
no problem dude, i took your first chart i could find with a loser, and straight away although it was bullish outside engulfing etc indicating bullish buying, this was coming straight up to a supply zone, example below, u can see how price wicked straight out of thise zone causing market to go back down ad stop you out.
thanks man, you have great stuff in your thread about that ... i will try to watch at this zones to make my entrys saver
  • #35
  • Oct 23, 2011 7:29am Oct 23, 2011 7:29am
Quoting Lodge
thanks man, you have great stuff in your thread about that ... i will try to watch at this zones to make my entrys saver
no problem, if you mixed your method in with something like i shown you, you could save yourself alot of bad trades.
  • #36
  • Oct 23, 2011 12:10pm Oct 23, 2011 12:10pm
here is another one, if you knew supply and demand you would hav avoided this.

This is a pure demand zone that will be respected no matter what before and if it goes lower, nice base and small consolidation of price followed by a surge of buyers.
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  • #37
  • Oct 23, 2011 12:21pm Oct 23, 2011 12:21pm
and here is an example of one of your winners, notice how the demand here is very weak, price did not surge away like the losing examples i shown you, it was a very weak area of buyers, so likely this bearish engulfing will work, in this case it did.
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  • #38
  • Oct 24, 2011 9:54am Oct 24, 2011 9:54am
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  • #39
  • Oct 26, 2011 2:25am Oct 26, 2011 2:25am
unbelievable... got 2 times stopped out today morning, because i'm a greedy idiot and didn't follow my own rules ... -.- hope i can recover it on ny open
  • #40
  • Oct 27, 2011 1:13am Oct 27, 2011 1:13am
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