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Scalp the trend

  • #41
  • Nov 22, 2011 3:56am Nov 22, 2011 3:56am
Quoting Peteday
Hi Dynel
First trade -20,i must be a jinx lol

Show me your trade.
  • #42
  • Nov 22, 2011 4:00am Nov 22, 2011 4:00am
Hi Dynel
I dont know how to do it but it was short on EU at 1.35169 and stopped out at 1.35369 looks like i was stop hunted cos it went straight back down to nearly BE,Did you not take the trade Dynel have i gone wrong ?
  • #43
  • Nov 22, 2011 4:09am Nov 22, 2011 4:09am
Hi, First Trade ... First SL

http://up.fxaria.com/images/6dcjl0nggiv0c9lrass.gif

  • #44
  • Nov 22, 2011 4:13am Nov 22, 2011 4:13am
Quoting Peteday
Hi Dynel
I dont know how to do it but it was short on EU at 1.35169 and stopped out at 1.35369 looks like i was stop hunted cos it went straight back down to nearly BE,Did you not take the trade Dynel have i gone wrong ?
Quoting Mohsen_msi
Hi, First Trade ... First SL

http://up.fxaria.com/images/6dcjl0nggiv0c9lrass.gif


Ah ok I see.

No I dind't take it. Look at the picture why.

On post 1 are rules, BUT price action comes FIRST.

You had the possibility to go out @ BE (on my chart)
Attached Image (click to enlarge)
Click to Enlarge Name: 20111122- eurusd- m5- scalp the trend.jpg Size: 111 KB
  • #45
  • Nov 22, 2011 4:19am Nov 22, 2011 4:19am
Because of support area or cycle spike ?
  • #46
  • Nov 22, 2011 4:21am Nov 22, 2011 4:21am
Quoting Peteday
Because of support area or cycle spike ?
Support area. Risk was much higher. So if you are unsure don't trade.
  • #47
  • Nov 22, 2011 4:21am Nov 22, 2011 4:21am
Quoting dynel14
Ah ok I see.

No I dind't take it. Look at the picture why.

On post 1 are rules, BUT price action comes FIRST.

You had the possibility to go out @ BE (on my chart)
Unfortunately Not Reach To 8 pips For Be ... Can You Please Upload Your Indicator That Show R And S Area ?!

Regards
  • #48
  • Nov 22, 2011 4:24am Nov 22, 2011 4:24am
Quoting Mohsen_msi
Unfortunately Not Reach To 8 pips For Be ... Can You Please Upload Your Indicator That Show R And S Area ?!

Regards
Price came back to entry, so you were @BE.
No indicator. Make your own lines/areas.

dynel14
  • #49
  • Nov 22, 2011 4:48am Nov 22, 2011 4:48am
On post 18 I have shown how to trade with the trend.

+20pips (or more...)

Try this at first.
Attached Image (click to enlarge)
Click to Enlarge Name: 20111122- eurusd- m5- scalp the trend.jpg Size: 116 KB
  • #50
  • Nov 22, 2011 6:18am Nov 22, 2011 6:18am
Hi Dynel
Short trade EU 1.35438 correct?
  • #51
  • Nov 22, 2011 6:21am Nov 22, 2011 6:21am
Now closed BE
  • #52
  • Nov 22, 2011 6:21am Nov 22, 2011 6:21am
Quoting Peteday
Hi Dynel
Short trade EU 1.35438 correct?
On my chart was the 2nd red candle @35497 and reached +10pips
  • #53
  • Nov 22, 2011 6:24am Nov 22, 2011 6:24am
Hi Dynel are you using template from 1st post?
  • #54
  • Nov 22, 2011 6:29am Nov 22, 2011 6:29am
@ dynel14;

I see a economic calendar in your chart, could you share with us ?

Thanks indeed,
  • #55
  • Nov 22, 2011 6:30am Nov 22, 2011 6:30am
Quoting Peteday
Hi Dynel are you using template from 1st post?
of course. here the chart
Attached Image (click to enlarge)
Click to Enlarge Name: 20111122- eurusd- m5- scalp the trend.jpg Size: 113 KB
  • #56
  • Nov 22, 2011 6:32am Nov 22, 2011 6:32am
Quoting gokalpicer
@ dynel14;

I see a economic calendar in your chart, could you share with us ?

Thanks indeed,
yes
Attached File(s)
File Type: ex4 FFCal Headlines.ex4   36 KB | 784 downloads
  • #57
  • Nov 22, 2011 7:47am Nov 22, 2011 7:47am
Thanks Dynel14

  • #58
  • Nov 22, 2011 7:53am Nov 22, 2011 7:53am
Ice cool system thanks dude.

Attached Image (click to enlarge)
Click to Enlarge Name: trend1.gif Size: 17 KB


Attached Image (click to enlarge)
Click to Enlarge Name: trend2.gif Size: 17 KB
  • #59
  • Nov 22, 2011 8:20am Nov 22, 2011 8:20am
Quoting Shanexx
Ice cool system thanks dude.

Attachment

Attachment
+10 for you well done
  • #60
  • Nov 22, 2011 10:23am Nov 22, 2011 10:23am
I have noticed there are some more trades to made with this when price retraces to the MA against the general trend. this sets up to buy on a pull back or sell on a bounce against the line.

also noticed there are retrace pips to be made when price is too far away from the MA. This is risky though if the market is running hard.

don't want to encourage over trading , but thought id point these out !

Great system and setup!
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