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Scalp the trend

  • #321
  • Dec 19, 2011 3:11am Dec 19, 2011 3:11am
Quoting dynel14
wrong entry. semafor was at the previous candle!
Please, be kind to explain once again my mistake. As far as i can tell, semafor was south of the 8:45 candle - that means BUY. Also everything else was on green.

Thank you - have a great week

Now i`ve entered a sell...

... LE - also SL
Attached Image (click to enlarge)
Click to Enlarge Name: Sell.jpg Size: 202 KB
  • #322
  • Dec 19, 2011 3:18am Dec 19, 2011 3:18am
Quoting necre
Please, be kind to explain once again my mistake. As far as i can tell, semafor was south of the 8:45 candle - that means BUY. Also everything else was on green.

Thank you - have a great week

Now i`ve entered a sell...

... LE - also SL
I already said that before your entry there was a semfaor on top! (I saw it)

And why you go short when the market makes new higher lows and higher highs!?

Good week for you too but be careful.
  • #323
  • Dec 19, 2011 3:40am Dec 19, 2011 3:40am
Quoting dynel14
I already said that before your entry there was a semfaor on top! (I saw it)

And why you go short when the market makes new higher lows and higher highs!?

Good week for you too but be careful.
The semafor was on top on the next candle, it appeared only after i`ve entered long.

In regard to general market feeling/sentiment, i`m not so good at guessing the trend. Also i have trubbels in controlling my emotions, this beeing the reason why i have a more mechanical aproach.

Well, 2 losses on monday - hope for a quick recovery

Regards
  • #324
  • Dec 19, 2011 11:19am Dec 19, 2011 11:19am
hi @ll,

I think now it is the time to have a break and start to trade again next year but today I saw only one valid trade (in conjunction with price action).

regards
dynel14
Attached Image (click to enlarge)
Click to Enlarge Name: 20111219- eu- m5- scalp the trend.jpg Size: 133 KB
  • #325
  • Dec 19, 2011 2:29pm Dec 19, 2011 2:29pm
I must say that this system is very good, today I've opened only 4 trades and I'm $401.85 on profit
Trade or not to trade - that is the question...
  • #326
  • Dec 20, 2011 1:15am Dec 20, 2011 1:15am
Dyne, question for you, Can you explain the reason for your Daily OpenLine indi and how it affects your trading this system?

Thanks

ian
Island hopping throughout the Caribbean
  • #327
  • Dec 20, 2011 1:23am Dec 20, 2011 1:23am
quite a straight forward system, would like to see more examples
  • #328
  • Dec 20, 2011 10:20am Dec 20, 2011 10:20am
Quoting dumplin_eater
Dyne, question for you, Can you explain the reason for your Daily OpenLine indi and how it affects your trading this system?

Thanks

ian
Just use it to determine the trend, above -> long...
  • #329
  • Dec 20, 2011 11:53am Dec 20, 2011 11:53am
Quoting freakout
I must say that this system is very good, today I've opened only 4 trades and I'm $401.85 on profit
could you show me your entry in this day? please
I mean dec 19 2011
  • #330
  • Dec 20, 2011 4:03pm Dec 20, 2011 4:03pm
Quoting swiezy1987
could you show me your entry in this day? please
I mean dec 19 2011
of course
Attached Image (click to enlarge)
Click to Enlarge Name: trades.png Size: 22 KB
Trade or not to trade - that is the question...
  • #331
  • Dec 20, 2011 9:59pm Dec 20, 2011 9:59pm
why the snakeforce indy doesn't work on my meta ?

tnx
  • #332
  • Dec 21, 2011 5:00am Dec 21, 2011 5:00am
Quoting take-profit
why the snakeforce indy doesn't work on my meta ?

tnx
Go to this post maybe it will work.

http://www.forexfactory.com/showthre...79#post5198779
  • #333
  • Dec 21, 2011 8:02am Dec 21, 2011 8:02am
as I said - this system is very good, but needs some changes... I'm talking about TP and SL levels... I noticed that during night hours it's better to set TP on max 5-8 pips and SL on 20 pips... during the daylight hours TP should be max 10 pips and SL around 30-35 pips... why? market at night is slow and during the day is dynamic, so price moves are bigger... setting SL is not easy - today on GBP/USD price hit my SL first and then went back and hit TP... but with more trades I think this system could be a one of the best ever made




PS: sorry for my bad english
Trade or not to trade - that is the question...
  • #334
  • Dec 21, 2011 11:43am Dec 21, 2011 11:43am
Trade today:

+15 pips.


Regards,
Nando.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_21-01-2011_m5.gif Size: 30 KB
"Being picky only cost your time - not MONEY"...Hans
  • #335
  • Dec 22, 2011 9:05am Dec 22, 2011 9:05am
Hey Nando

is that a elliot wave indicator that I see in your image or you draw those blue lines manually ?
  • #336
  • Dec 22, 2011 9:39am Dec 22, 2011 9:39am
Quoting Demos4x
Hey Nando

is that a elliot wave indicator that I see in your image or you draw those blue lines manually ?
FE study + manually.

Regards,
Nando.
"Being picky only cost your time - not MONEY"...Hans
  • #337
  • Dec 22, 2011 10:24am Dec 22, 2011 10:24am
+15pips...




Regards,
Nando.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_22-01-2011_m5_scalp.gif Size: 30 KB
"Being picky only cost your time - not MONEY"...Hans
  • #338
  • Dec 22, 2011 7:49pm Dec 22, 2011 7:49pm
+45 pips yesterday what means a profit of $651.30 awesome system!
Trade or not to trade - that is the question...
  • #339
  • Dec 22, 2011 8:29pm Dec 22, 2011 8:29pm
Quoting freakout
+45 pips yesterday what means a profit of $651.30 awesome system!
GREAT: )

Can Show the profiatble ScreenShot Freakout...

to study and get more conident.

tq
mimaso
  • #340
  • Dec 23, 2011 2:43am Dec 23, 2011 2:43am
Well done freakout and nando!!!

Merry Christmas and a Happy New Year everyone.
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