DislikedUnfortunately it's a bit hard to see exactly what's going on in the screenshot (probably because MT4 does a poor job taking them when you try to save the whole Active Workspace) but looks quite solid.Ignored
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DislikedUnfortunately it's a bit hard to see exactly what's going on in the screenshot (probably because MT4 does a poor job taking them when you try to save the whole Active Workspace) but looks quite solid.Ignored
DislikedBy mid-FH turn, I mean the 7:30GMT one. Frankfurt gets going an hour before London at 7:00GMT and it's pretty common to see the early move get turned right around the half hour mark. So today our trending move from 6:00 got stopped dead in its tracks right at 7:30. Ian's trade, around 8:30, is also a pretty common time to see a turn.Ignored
DislikedAs for the scalps, nicely done! Unfortunately it's a bit hard to see exactly what's going on in the screenshot (probably because MT4 does a poor job taking them when you try to save the whole Active Workspace) but looks quite solid.Ignored
DislikedEdit: Oh, and don't worry about sharing your "crappy scalps". I'm far from a good scalper myself but I find them quite interesting. And if you're planning on testing out and possibly incorporating RBs into your analysis as well then all the better for them to be posted in this thread.Ignored
DislikedNice little trade, Ian. I've been trading some EU myself this morning just taking some small bits here and there, but most of my focus has been on GU since it's swinging like it was yesterday.
Here's the trades so far. First was at FO off some earlier support. The level wasn't too important and I didn't take the trade initially on bar close but after watching a bit longer and seeing things getting bought after a slight retrace and joined in. Got out after 75 failed on the second attempt.
Then later tried a little continuation long which...Ignored
DislikedI also really liked how this one was a HL that lined up nicely with the trendline. Did you use that in your analysis? I don't use trendlines often on my RB charts as I find them far more useful on time-based charts, but in this case the M5 trendline looked almost identical so it would make sense to use it. As you can see the potential entry bar (green arrow) didn't print nearly as well on my charts as it did yours due to the smaller wick but still a solid little trade that I would have liked to have joined you in taking.Ignored
DislikedFor me, scalping works best when there is a good chop in the market.
Like today when PPI came out at 13:30 GMT+1.
10 Trades, 10 Winners
I guess my broker loves meIgnored
DislikedHere's a couple more GU trades I've taken...
....But I made up for it later with the CT short off DP. Right at NYO1 and I liked what I saw in the push up so I gave it a go. The move down was very "wicky" which I don't like on GU so I bailed prior to the news on the first bullish sign. Makes up for the loss and then some....Ignored
DislikedArrgh. Missed this one as I wasn't paying proper attention. Thought I would post it anyways because it's a good example of a tight Cloud break. Also figured that Ian was waiting for me to mention this so he could gloat a bit about the pips he no doubt banked off it.Ignored
DislikedNice recovery Auron..
Could you explain a bit more about what it was specifically that you liked on the move up?Ignored
Disliked[...] Are you playing the bounces off the BBs? Interested to know how you decide entries and exits (on the 15 sec chart, quickly, I suppose..).Ignored
DislikedBasically I am trying to use simple chart setups, like in any other timeframe.
The setup shown is one I like very much - when price oscillates between upper and lower bb. You can then play this range with a clear entry and exit. Furthermore, you will often get more than only one trade. I remember that some months ago I had a sequence of 20 trades in about 20 minutes playing such a "speed zone", as I call them.Ignored
DislikedThanks for that. I'm up to one trade so far this morning . The clouds are moving slowly.. I missed the pre-FO LH and entered at 3079 as all the ma's were turned down. About an hour later out for +8 when price failed to push on down to the pivot at earlier lows.
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