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  • #9,481
  • Jan 12, 2012 3:56am Jan 12, 2012 3:56am
Quoting T@rantula
Notice the choppiness, judging by PA we may see 2780 again.
Quoting T@rantula
This is for m1 scalping only, higher timeframes are still untradable.

Main intraday trend is down while momentum on m1 is switching to up, with retracements afterwards.
See...that is what i have been talking about.

If my level count gets broken 2780 will probably be reached. 2740 atm
  • #9,482
  • Jan 12, 2012 4:05am Jan 12, 2012 4:05am
taken monie.. ++25
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  • #9,483
  • Jan 12, 2012 4:08am Jan 12, 2012 4:08am
sold euro on countertrend scalp - wedge retest with uptrhust volume and pin. target is old resistance.
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Have I got something on my face, SOLDIER?
  • #9,484
  • Jan 12, 2012 4:14am Jan 12, 2012 4:14am
Quoting T@rantula
See...that is what i have been talking about.

If my level count gets broken 2780 will probably be reached. 2740 atm
have only trade 1 min very few times before..T.. was wondering how many times u in out say over last 1 hr.. i know u posted 1 min system/ method but have had trouble opening it..have been looking at 1 min.. using 34..34.. 34.. u posted and reckon i could..just buying when it retreats back throu then buy as it breaks throu the track to the hi side.. may post a few charts later and if u got tyme give a few hints.. please..one picture would give me 1000 hints..
  • #9,485
  • Jan 12, 2012 4:15am Jan 12, 2012 4:15am
Quoting bumapatria
sold euro on countertrend scalp - wedge retest with uptrhust volume and pin. target is old resistance.
Interesting setups from u 2.

Danc has gone with longs and it is valid, and Buma is scalping off the top level count.


2750 rejection first time, thou momentum still up, careful Buma..
  • #9,486
  • Jan 12, 2012 4:19am Jan 12, 2012 4:19am
Quoting T@rantula
Interesting setups from u 2.

Danc has gone with longs and it is valid, and Buma is scalping off the top level count.


2750 rejection first time, thou momentum still up, careful Buma..
wil do.

more selling occuring at the level btw - price is rejected once more.
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Have I got something on my face, SOLDIER?
  • #9,487
  • Jan 12, 2012 4:21am Jan 12, 2012 4:21am
Quoting bumapatria
wil do.

more selling occuring at the level btw - price is rejected once more.
It should provide a bit of retrace at least for scalps. Usually my highest/lowest levels are good for counter trades.

And I always say remember: EACH TIMEFRAME IS DIMENSION BY ITSELF.
  • #9,488
  • Jan 12, 2012 4:24am Jan 12, 2012 4:24am
Quoting danc
have only trade 1 min very few times before..T.. was wondering how many times u in out say over last 1 hr.. i know u posted 1 min system/ method but have had trouble opening it..have been looking at 1 min.. using 34..34.. 34.. u posted and reckon i could..just buying when it retreats back throu then buy as it breaks throu the track to the hi side.. may post a few charts later and if u got tyme give a few hints.. please..one picture would give me 1000 hints..
U need to have a valid momentum candle. Momentum candle counts as entry point. Above "the river" we go long, below we go short.

I will post charts later no problem at all. 2760 was last HH.
  • #9,489
  • Jan 12, 2012 4:38am Jan 12, 2012 4:38am
closed out here +5 dont like momentum - some no supply bars on 5 min.
Have I got something on my face, SOLDIER?
  • #9,490
  • Jan 12, 2012 4:40am Jan 12, 2012 4:40am
Quoting bumapatria
closed out here +5 dont like momentum - some no supply bars on 5 min.
Scalp countertrade, 5-15 pips at the most. We are heading to 2780
  • #9,491
  • Jan 12, 2012 5:40am Jan 12, 2012 5:40am
11.40 gmt, proft taking before London noon 2768-45, it may go to 2733
  • #9,492
  • Jan 12, 2012 6:11am Jan 12, 2012 6:11am
1m "the River" update in 5 mins. You will see some additional explanation. Danc stay tuned.
  • #9,493
  • Jan 12, 2012 6:20am Jan 12, 2012 6:20am
Quoting T@rantula
1m "the River" update in 5 mins. You will see some additional explanation. Danc stay tuned.
I havent cherrypicked the chart, its today's m1 "river" scalping chart.

SO take a look. The entry trigger is a momentum candle that is characterized by BLUE or RED strong longish body ( 4-10 pips).

When blue momentum candle opens above "the river" you buy on close vice versa for sell.

LOOK at it now. The last momentum candle in the chart could have been an easy 10 pips winner.

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  • #9,494
  • Jan 12, 2012 6:20am Jan 12, 2012 6:20am
Quoting T@rantula
Scalp countertrade, 5-15 pips at the most. We are heading to 2780
Done. Not an easy day due to a morning choppy market, but it hit my projected price.
  • #9,495
  • Jan 12, 2012 6:28am Jan 12, 2012 6:28am
Quoting T@rantula
I havent cherrypicked the chart, its today's m1 "river" scalping chart.

SO take a look. The entry trigger is a momentum candle that is characterized by BLUE or RED strong longish body ( 4-10 pips).

When blue momentum candle opens above "the river" you buy on close vice versa for sell.

LOOK at it now. The last momentum candle in the chart could have been an easy 10 pips winner.

Attachment
THanks T.. will play with it tomorrow.. got a good trade aussie using the RIVER.. also missed one on Cable.. almost mid nite here off to bed..also orginaly when i saw your first post river.. before crissie.. have been playing with 8hi and 8 low.. ema with some success off 123..s.. also noticed good moves when. the 8/8.. crosses 34/34..would have given hell of daily trade on euro/aussie.. from abt b16 dec to now..
  • #9,496
  • Jan 12, 2012 6:33am Jan 12, 2012 6:33am
Quoting danc
THanks T.. will play with it tomorrow.. got a good trade aussie using the RIVER.. also missed one on Cable.. almost mid nite here off to bed..
Just demo it after you feel comfortable. The most important moment is to spot and identify m1 momentum candles
  • #9,497
  • Jan 12, 2012 7:21am Jan 12, 2012 7:21am
2780 tested market is preparing for cross session. Price is currently at 2733.
  • #9,498
  • Jan 12, 2012 7:54am Jan 12, 2012 7:54am
Fast "river" scalp

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2753 closing it.
  • #9,499
  • Jan 12, 2012 8:00am Jan 12, 2012 8:00am
Quoting T@rantula
2780 tested market is preparing for cross session. Price is currently at 2733.
You see So, dont be fooled. London profit taking indicates that the market is preparing for cross sessions.

They sell high buy low. 2720 was heavily bought. Look at H1 candle!
  • #9,500
  • Jan 12, 2012 8:01am Jan 12, 2012 8:01am
Candle speaking loudly...... retrace to 50% of todays move got support from Dp........ on yes and US data...........

Best of luck EU traders........
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