Scalper

Be with you Friday @ the NY open and trading EU

Happy to have you sparrow.


to everyone..
I just put up the new explorer account to be set to takeoff tomorrow. I will be risking the standard 2-3% max.
My average loss has been no more than 12pips scalping.
for those of you who are interested in MM preferred for this method follow below:
Standard or conservative for newbies:
account size X 2% / 20pips SL avg = lot size
eg, ($1000 x 2% = $20 / 20pips = 0.1 mini lot, $1)

Advance:
account size X 2-3% / 12pips = lot size

just had a trade on gj.. but i was late in front of my system so may entry was a bit late and i could not play accordingly.

but if your entry was on the ball as i have show in the picture.. then easily after such fake out with slick out opportunity given with that bearish candle could get away from a sure 20+ loss.
anyhow a small demonstration of a early trade opportunity.

It has been a difficult day.. it turns rough after entry.
just managed to get 10 out of this one but should have been more.

The EU looked the same as the Ej and the EU counter trend trade only gave up 16 pips
Have an enjoyable week end! see ya next week

hi.. looking forward to the new week.. just had my first trade done on gj which end up as a slick out.
could be a slow day due to lack of data etc, but i am here and looking for new opportunities..

Very slow this morning so far, and with very little news to get things moving I believe it will continue like this for the rest of the day, unless NY can get things moving...

Anyway, awaiting setup...

Hope everyone is well...

Hi there, can someone please tell me where i should put the scalper.tpl and the market zone posted on page 1, also the mac d is not the same as on the charts.
Thank you in advance.
Hoping to use this scalping system, thank you FxEmpire

HI Harry, templates go to, MT4,broker name,template
macd and market zone indicators go to, MT4,broker name, experts,indicators
settings are macd: 6,14,0
bands: 56,2,100
zone= your preference

Just the 1 trade for me today on EJ long @ 127.52 after it bottomed out for the day and took +27 from the move. Could have held on and taken over 50 but with being Monday and very little movement earlier, I decided to take what profit was on offer.

A Few very nice moves though in the end...

Catch you all tomorrow, hopefully we'll have a busier day.

Hi Sparrow
Thank you for your reply and all sorted.

2 fantastic trade opportunites on EJ and GJ.

I took EJ for + 25 but should have taken more, and didnt take GJ due to the entry being just below 150. Thought there was a chance of 150 holding and sending price back down so I chose to pass on it.

Awaiting next valid setup.

nice job freshpips.. you are correct ej was the best setup.
I be here trading for rest of the day.

Good morning everybody,
short EU @ 3132 closed for +11 pips (out too early)

sparrow... i give you a tip on exits that could help you on premature bailouts.
..on your eu trade or as such when PA is running strong in your favor.. you want to not even think about exit until you see at least a few blinks of opposite macd bar (in this case a narrow bearish bar). this will help you to not lose out on such runs for more timely exit overall.. try it and let me know how it goes for you.

long on gu..

-15 on first try, no chance of slickout exit.. reentry as i think the bear move is weak and should pullback or reverse.. will see

long on eu..

Thanks for the tip, i have been bailing out too early on alot of my trades latley, your tip should help.

couple nice bank today on my latest trades..